Business opportunities are also arising for start-ups in fields such as fintech, smart city and education technology. Katherine Cheung, Chief Marketing Officer of on-demand online tutoring platform Snapask, will share on how recent social distancing measures have unleashed opportunities for the Hong Kong-based start-up in both local and overseas markets. Founded five years ago, Snapask is now serving over 3.2 million students with more than 350,000 tutors across eight Asian locations -- Hong Kong, Taiwan, Singapore, Malaysia, Indonesia, Thailand, Japan and Korea. The start-up has registered an increase of 1.3 million users over the past 12 months, including a big surge due to the suspension of classes amid the COVID-19 pandemic. In Hong Kong, the platform currently has some 40,000 tutors and 200,000 active users, most of whom are high school students with a high percentage of them preparing for the Hong Kong Diploma of Secondary Education examination. Some parents also seek advice … [Read more...] about Entrepreneur Day helps start-ups redefine industries
Is carpet cleaning a good business to start
Under the regulations of the Nepalese Government, the enterprises must have a letter of credit (L/C) opened before March 29. If the enterprises want to re-export pepper, they need to have an application for re-export from the Nepalese importers. However, in fact, in most of the contracts, the Vietnamese enterprises did not get an L/C. … [Read more...] about MoIT seeks way to help businesses re-export pepper stuck in Nepal
The EU has become the second largest importer of Vietnamese goods. Each year, EU ports handled about four billion tonnes of cargo. Major seaports and ocean shipping account for 46 percent of the EU logistics market’s value, while warehousing represents 11 percent and other logistics services 43 percent. Nguyen Hanh … [Read more...] about EVFTA offers opportunities for logistics business
Hanoi (VNA) - The PetroVietnam Gas Corporation (PV Gas), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), has been named among the top 50 best performing listed companies in Vietnam in 2019 (Top 50) by the “Nhip Cau Dau Tu” (Investment Bridge) magazine and the Thien Viet Securities JSC. The rankings were developed based on international standards used by famous global publications and with consultancy from economists and business experts from the Harvard Business School in the US. PV GAS posted dual growth, in revenue and profit. Its return on equity (ROE) ratio and earnings per share (EPS) ratio grew every year during the 2017-2019 period. It also saw effective business operations, contributing significantly to protecting the environment and the country’s energy development. Collectively, the Top 50 businesses generated more than 60.5 billion USD in revenue (up 17 percent) and 7.1 billion USD in net profit (up 30 percent) in fields such as services, … [Read more...] about PV GAS ranked among Vietnam’s 50 best performing listed companies
Talking about business prospects in Vietnam, Vu Tu Thanh, USABC’s Deputy Regional Managing Director & Representative, said US businesses are seeking Vietnamese partners in the fields of technology, manufacturing, retail, consumer goods, medical equipment, electricity and supporting industries. … [Read more...] about Will US investors head for Vietnam after leaving China?