MIC’s view is that Vietnam’s ecosystem must be developed and provided by Vietnam’s firms and operates in accordance with the market rules. The State will set the ‘rule of game’ with reasonable policies to encourage Vietnamese firms to create products for the ecosystem. As for social networks, in the the year 2019 witnessed the birth of two social networks – Lotus (VC Corp) and Gapo (G-Group), which strives to have 50 million users by the end of 2021. In the past, there were only two ‘purely Vietnamese’ networks (Zalo of VNG and Mocha of Viettel Media). … [Read more...] about Where are the opportunities for Vietnam’s digital production ecosystem?
Digital economy forum
State Auditor General of Vietnam Ho Duc Phoc highly appreciated the support and experience sharing of Malaysia’s National Audit Department (NAD) during the past time, both in terms of bilateral cooperation and particularly the support of the State Audit of Malaysia during the process of hosting such an event as well as preparations for the 14th ASOSAI Assembly. … [Read more...] about Vietnam makes every effort to successfully host ASOSAI 14
E-commerce and fintechs accounted for four-fifths of the total number of big calls for capital in 2019. The biggest deal was worth $300 million. The deal also witnessed the presence of veteran investors, including SBI Group, BEENOS, SoftBank Ventures Asia, Daiwa PI Partners and Digital Garage. These investors poured $51 million worth of capital into Sendo in Series B round of funding in 2018. … [Read more...] about VN e-commerce and fintech firms successfully call for huge capital in 2019
The second point matters a great deal – governments have the ability to improve or worsen economic outcomes. They have a fine line to walk in trying to protect citizen health while also supporting the economy. At the extreme end, governments could decide to order mandatory quarantine on all citizens (or nearly all citizens, as essential personnel would still be needed to manage cases at clinics and hospitals and to enforce the quarantine). This would effectively shut down the entire economy. … [Read more...] about Business upheaval may be required after 2020 events
BANGKOK -- Thailand’s largest retailer, Central Retail Corporation Pcl (CRC), plans to expand domestic online sales as well as its business in Vietnam, as the coronavirus outbreak slows economic growth at home, its top executive said on Thursday. … [Read more...] about Thailand’s Central Retail eyes growth in Vietnam after trouble at home