Foreign venture capital investor

The National Youth Entrepreneurship Forum 2022 About 550 delegates attended the National Youth Entrepreneurship Forum 2022 on October 1, 2022. Focused on youth startups and economic recovery, this year's forum aims to promote entrepreneurship and develop the country, creating an environment for Vietnamese youth to participate in post-pandemic development. Deputy Minister of Planning and Investment (MPI) Tran Duy Dong spoke about the advantages and disadvantages the country had in attracting investment, including foreign investment for innovation and startups. He said the country was geopolitically stable and considered a safe, potential and attractive investment destination. With the attention of the government in improving the business investment environment and the consensus of businesses, the investment environment of Vietnam is becoming more and more open and transparent, creating favourable conditions for investors. "With macro-economic stability, controlled inflation, … [Read more...] about Vietnam well-placed for breakthroughs in innovation and entrepreneurship

Over the last two months, Indian investors have organised events and field surveys across the country to look for opportunities. A view of the 2022 Horasis India Meeting (Photo: VNA) The Confederation of Indian Industries led a delegation of 15 leading companies to Vietnam on September 25-28 to participate in the India-Vietnam Business Forums held in the southern province of Binh Duong and Hanoi. Indian investors are looking for local partners to enhance bilateral cooperation in various sectors, such as energy, electric vehicles, IT, petrochemicals, healthcare, water treatment, food and beverages, fertilisers, and food processing. “We want to establish a joint venture with local partners to set up an integrated biotech laboratory, which can be used to manufacture biotech products for agriculture, veterinary products, and aquaculture products,” said Mekala Lakshmi Prasad, managing director of agri- and aquaculture group Sujay Biotech. In late August, 25 automotive … [Read more...] about Indian-based financiers eager to pour further investment into the country

According to Cuban Prime Minister Manuel Marreno Cruz, Cuba is prepared to enter a period of economic recovery and can advance to an elevated level of progress if it adopts numerous socioeconomic initiatives. With the modification of numerous policies, creating favourable conditions for all sectors to participate in economic development, the establishment of non-state enterprises has increased. "Cuba seeks international investment in 678 projects in 2022, an increase of 175 projects compared to the previous year, with a total capital of around $12.5 billion," said Cruz, at the Vietnam-Cuba Business Promotion Forum, a conference hosted as part of the official goodwill visit to Vietnam from September 28 to October 2. Despite several difficulties, Vietnam's willingness to collaborate economically with Cuba has been clear for many years. Statistics from the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment demonstrate that Vietnamese companies operating in … [Read more...] about Cuba welcomes Vietnamese investment