Development gap hinders linkages in APEC auto industry Addressing the opening ceremony of the 26th APEC Automotive Dialogue (AD26) in Hanoi on May 11, Le Huu Phuc, Director of the MoIT's Department of International Relations, said that APEC should give priority to assisting developing economies in boosting the auto industry. He called for APEC member economies to cooperate effectively in capacity building to study auto industry policies, focusing on priority areas such as market access, human resources and infrastructure, technology incentives as well as environment standards for sustainable development. Regarding the fourth industrial revolution, Phuc said it will lead to the restructuring of the global manufacturing system, not only in technology but also in management and placing of new business models. New technology trends may disrupt value chains, possibly shifting a significant part of global production from developing to developed countries, he said, adding that access to … [Read more...] about BUSINESS NEWS 15/5
Investment fund pitch deck
1337 Ventures: VN ecosystem doing well
Malaysia-based accelerator and early-stage investor 1337 Ventures has recently announced the top three teams from HCM City that will each receive US$25,000 worth of funds and services via its Alpha Startups Vietnam Batch 1. The three teams are Saloneses - a beauty service-booking platform, Perkfec - a platform that allows businesses to track employee achievements and rewards, and Navi - an hourly booking marketplace. Bikesh Lakhmichand, CEO and Founder of 1337 Ventures, speaks to Thu Huong Le on why 1337 Ventures has tapped into the Vietnamese market and the potential of cultivating young talent here. What factors motivated 1337 Ventures to enter Việt Nam? The Vietnamese startup ecosystem is growing in strength as the government has introduced new initiatives to build a sustainable and advanced ecosystem for startups in Việt Nam. The country is now ranked 90th in the ease of doing business index by the World Bank. In addition, the cost of living or cash burn rate for a startup … [Read more...] about 1337 Ventures: VN ecosystem doing well
Social News 11/8
Poor households in HCM City receive digital TV receivers The Vietnam Post and Telecommunications Group (VNPT) signed an agreement on August 10 to provide 2,100 digital terrestrial TV receivers DVB-T2 for poor and near-poor households in Ho Chi Minh City. Accordingly, the gifts will come to households in Districts 9 and 12, and Nha Be, Can Gio and Hoc Mon districts. This activity is part of a road map to digitalisation in Ho Chi Minh City, and aims to help poor people gain access to topical information of the nation and the world, as well as information about new sciences and technologies. According to statistics, Ho Chi Minh City currently has around 13,000 poor and near-poor households, of which more than 10,000 have yet to be equipped with standard digital terrestrial TV receivers. UN Women helps protect women's health "UN Women" in Vietnam announced on August 10 that it had delivered essential items like soap and sanitary products to thousands of women and girls in La Pa and Dak … [Read more...] about Social News 11/8