Startup unicorn

CEO & CMO Summit 2022 will gather senior leaders, marketing directors, and industry experts from multinational corporations, leading tech enterprises, and startups in Vietnam. Since the first conference in 2018, CEO & CMO Summit Vietnam has been the annual not-to-be-missed meeting point for experts in the Modern Marketing industry. The event will focus on Modern Marketing for brands, where leading industry leaders exchange and discuss some of the recent trending topics: E-commerce 4.0, Marketing effectiveness and efficiency, Personalization, Customer Engagement & Experience. The latest technology trends are also expected to be the "hot topic" at this year's summit. The question is: "What do brands need to prepare to build an effective marketing strategy in such an unpredictable time?" Guest speakers include leaders from top companies and experts who have successfully built their competitive advantage in a harsh business environment such as: Grab, Nestle, … [Read more...] about The exclusive summit conference for Vietnam’s top marketers

Decisive factors Cybersecurity plays an important role in accelerating the national digital transformation process. According to Trinh Ngoc Minh, a member of the Executive Committee of Vietnam Information Security Association’s (VNISA) southern branch, Vietnam has significantly improved its data privacy protection capabilities and was listed among the top 25 countries and territories (out of 194) in the 2020 Global Cybersecurity Index (GCI). Minh said investment and interest in Vietnam's cybersecurity have been growing, with spending in this field increasing 50 percent and numerous domestically developed information security products put into use. Minh explained that a cybersecurity powerhouse is able to affect the world's cybersecurity system, pointing to the US, Russia and Israel as outstanding examples of such powers. Sharing Minh’s view, Vice Chair of VNISA and Deputy Chair of Bkav, Ngo Tuan Anh, said Vietnam boasts a highly qualified IT (information technology) … [Read more...] about Vietnam’s path to becoming a cybersecurity powerhouse

Global private equity firm Warburg Pincus has set up a joint venture with major Vietnamese real estate and infrastructure firm Becamex IDC Corp. (Becamex) to create the largest logistics and industrial real estate developer in the country, according to a statement. The JV will be called BW Industrial Joint Stock Company (BWID) and will focus on developing institutional-grade logistics and industrial properties across Vietnam. Both firms have committed US$200 million to the platform. Warburg Pincus joins Vietnamese logistics and property market. Nguyen Van Hung, Chairman of Becamex, believed that the co-operation with Warburg Pincus, a best-in-class private equity firm with deep experience in Asia, is a great opportunity, according to the company's statement. "With the transformative shift of the manufacturing base from markets like China to Vietnam as well as with the rapid rise of domestic consumption, the logistics and industrial real estate market in … [Read more...] about Warburg Pincus joins Vietnamese logistics and property market

Vietnamese Prime Minister Pham Minh Chinh (left) met with US President Joe Biden, photo VNA All eyes were focused on last week’s US-ASEAN Special Summit in Washington D.C., where both sides demonstrated their closer ties across many sectors including global health security, climate change, sustainable development, maritime cooperation, human capital development, and education, as well as connectivity and economic engagement, and especially digital development. The US and ASEAN have reaffirmed their commitment to support digital development in the bloc so as to realise its vision “of a peaceful, secure, open, interoperable, reliable and resilient ICT environment”. The US vows to “support development of ASEAN’s digital infrastructure to drive robust, inclusive economic growth and prosperity; and promote development of a secure, resilient, and innovative 5G ecosystem as well as exchange views and experiences on cyber threats and on the regulatory framework and technical standards … [Read more...] about United States widens ASEAN engagement

Coolmate CEO Pham Chi Nhu Before founding Coolmate, CEO Pham Chi Nhu held down many jobs from retailing cosmetics to selling online on e-commerce platforms. Nhu realized that customers look at not only the brand but also the price in comparison with quality, customer service and seller commitment. Coolmate was established with the goal of building a completely new shopping model, offering a shopping solution for male customers ensuring quality, goods prices, fast delivery and customer care. Nhu said that when it comes to stocking up on wardrobe essentials, such as shirts, pants, socks and underwear, male shoppers prefer to buy in bulk for the sake of convenience. Coolmate receives investment from STIC Investments Coolmate has also implemented corporate social responsibility by non-plastic packaging, cleaning returned products, and accompanying sponsors in environmental protection programs. Labeled “Proudly made in Vietnam”, Coolmate’s apparel is all … [Read more...] about Coolmate provides shopping solution for male customers

He first goes out for a five-kilometer jog, returns home to work for an hour or two and then has some spare time before resuming work in the afternoon. Though his days are productive, for the 30-year-old software engineer in HCMC, working remotely for U.S.-based software company Acumatica gives him much greater flexibility than a traditional office job. As more and more global companies look to developing economies for skilled English-proficient workers at relatively lower salaries, in Vietnam, many young people like Dang are embracing the opportunity to acquire a whole new working experience. "The only difficulty is the different time zones," Dang, who has been working for Acumatica for four years as a regional product engineer, says. Every day, after meeting online with the North American team at 5 a.m, Dang also meets his colleagues in Singapore, Malaysia and the Philippines at 7 a.m. and in India and Sri Lanka at 5 p.m. Huynh Minh Dang during a business trip to … [Read more...] about Working remotely for foreign employers opens up dynamic lifestyle

The prime minister held meetings with executives of US major financial corporations such as KKR, Visa, S&P, and Citigroup over future cooperation in the financial sector. The comprehensive partnership between Vietnam and the US would create favorable conditions for investment activities. Prime Minister Pham Minh Chinh and CEO of KKR Joseph Bae (l). Photos: VGP Prime Minister Pham Minh Chinh stressed the view during meetings with executives of US financial corporations on May 16. Joseph Bae, the CEO of Kohlberg Kravis Roberts (KKR), said the investment fund is looking to expand its presence in the fields of real estate, infrastructure, digitalization, and technologies in Vietnam. According to Bae, KKR is one of the largest private equity managers in the world with assets of US$470 billion. So far, the corporation has invested over $1 billion in three companies in Vietnam. Bae said Vietnam remains an attractive investment destination with favorable … [Read more...] about The Vietnam-US comprehensive partnership facilitates investment activities: PM

On Hang Luoc Street, stuffed Sao La (Asian unicorn) toys, the mascot of SEA Games 31, are sold in different sizes and have attracted the attention of many customers. According to one shop owner, the locally-made toys cost about 7 USD each. Fans can also find stuffed Sao La toys and other souvenirs, including T-shirts, bags, stickers, and masks, on e-commerce platforms, in a wide range of colours and prices. T-shirts and flags with the SEA Games ’ logo are also popular. The souvenirs help welcome in the SEA Games, especially among Vietnamese fans, and encourages the Vietnamese team and promotes the competitive spirit in the region./. VNA … [Read more...] about SEA Games souvenirs attracting fans

At a meeting with Joseph Bae, Co-Chief Executive Officer of KKR, on May 16 morning (U.S. time), Chinh asked the firm to share its experience and offer proposals to Vietnam. Joseph Bae said KKR wishes to expand its operation in real estate, infrastructure, digital transformation, food, consumer goods and technology in Vietnam, noting that the firm has invested more than USD 1 billion in three Vietnamese companies. Vietnam is an attractive market for investors with incentives rolled out by the government, along with its favorable geographical location, and young, dynamic population, he noted. The Southeast Asian nation is also the destination for many added value services, Joseph Bae added. Chinh lauded KKR’s investment in the private sector in Vietnam, and welcomed its plan to expand investment in the country, stressing that the firm’s investment focuses match Vietnam’s priorities. He told Joseph Bae that Vietnam lured investments worth USD 1.3 billion in startups last year, … [Read more...] about Prime Minister meets representatives of investment funds, groups in New York

Lê Hương Around 4,000 gold, silver and bronze medals will be awarded to the best athletes at the upcoming SEA Games, though people know that the medal set has been cast from a metal mixture of copper and zinc, 85 per cent of which is red copper. Design for SEA Games 31 medal sets. — Photos courtesy of SEA Games organiser Each medal is 5mm thick with one side featuring the SEA Games mascot, a Sao La (Asian unicorn), while the other has a raised SEA Games logo. According to the Games organisers, the logo bears the image of a flying bird and a V-letter formed hand, which represent the hands of athletes as they sing their national anthems. The blue wings signify a strong-willed spirit and the desire to conquer peaks as well as the brotherhood and friendship of countries in the region. The gold medal is gilded with 24k gold, the silver is silver-plated and the bronze medal is copper plated. To enhance their longevity, each medal is covered … [Read more...] about SEA Games medals highlight Vietnamese cultural features