The company said it secured the money from a consortium comprising January Capital, Alpha JWC Ventures, BeeNext, tech giant FPT, and several individual investors. It was founded six months ago by Pham Kim Hung, and has since developed the management platform Base, which has over 7,000 corporate users in Vietnam. While Base focuses on staff management, True Platform helps a company work with its customers and interact with other companies. Singapore-based January Capital has invested in over 40 startups. Jason Edwards, a spokesperson for the fund, said he appreciated the fact that Vietnamese are seeking to reach the world through their tech products. "This is a goal that surely needs much time, but it is worth pursuing." Hung said: "We understand the fierce competition in the global market and the gaps between our competitors’ and our technology and experience. But we believe that Vietnamese engineers are able to solve problems of a global scale if given the chance." … [Read more...] about Tech startup True Platform raises $3.5-mln seed funding
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Voters raise concerns over social issues: VFF President
Đỗ Văn Chiến, President of the Vietnam Fatherland Front (VFF) Central Committee, at the meeting of the third plenary session of the 15th-tenure National Assembly in Hà Nội Monday morning. — Photo baochinhphu.vn HÀ NỘI — Presenting a report at the third plenary session of the 15th-tenure National Assembly in Hà Nội on Monday, President of the Vietnam Fatherland Front (VFF) Central Committee Đỗ Văn Chiến listed a number of hot-button issues raised by voters. Many were concerned about recent instances of stock market manipulation and issues with the corporate bond market, as well as education and individuals who take advantage of pandemic-related policies. These were among the issues raised and recommended to the National Assembly (NA) and relevant agencies, said Đỗ Văn Chiến. Presenting the report on the ideas and recommendations sent to the third session yesterday morning, Chiến said voters and people had expressed a consensus and highly appreciated the effective leadership of … [Read more...] about Voters raise concerns over social issues: VFF President
Efforts made to ensure highest efficiency of N.A.’s third session: Top legislator
He said that the session is taking place following the success of the fifth session of the N.A. Standing Committee, focusing on many important issues in the socio-economic development, the building of the Party and political system to meet the demands of the country’s reform period. Over the past one year, the N.A. has worked hard to improve its operational efficiency, while approving three laws and 45 resolutions which included many unprecedented regulations to ease difficulties facing people and businesses and promote socio-economic development in both short and long terms, the official said. He noted that so far, the country has seen positive progress in socio-economic development after putting the COVID-19 pandemic under good control, with fast economic recovery and expansion, normal education, social, cultural, healthcare and sports activities, ensured social welfare, security, defense, and expanded external relations. The N.A. leader said that the success of the 31st … [Read more...] about Efforts made to ensure highest efficiency of N.A.’s third session: Top legislator
Efforts made to ensure highest efficiency of NA’s third session: Top legislator
The third session of the NA opened on May 23 (Photo: VNA) Hanoi (VNA) – In order to ensure the highest efficiency of the 15th National Assembly (NA)'s third session, NA agencies and deputies had made careful preparations on discussion contents, aiming for the highest outcomes with shortest sitting time, said NA Chairman Vuong Dinh Hue while opening the session on May 23. He said that the session is taking place following the success of the fifth session of the NA Standing Committee , focusing on many important issues in the socio-economic development, the building of the Party and political system to meet the demands of the country’s reform period. Over the past one year, the NA has worked hard to improve its operational efficiency, while approving three laws and 45 resolutions which included many unprecedented regulations to ease difficulties facing people and businesses and promote socio-economic development in both short and long terms, the official said. He … [Read more...] about Efforts made to ensure highest efficiency of NA’s third session: Top legislator
Key localities stepping up industrial real estate moves
Germany-invested Framas Group has rented a 20,000-square-metre ready-built factory in KTG Industrial Nhon Trach 2, in the southern province of Dong Nai. Framas Group specialises in manufacturing high-quality plastic parts with customers including Nike and Adidas. Fabian Urban, director of footwear technology at Framas Vietnam, said that the reason for choosing Vietnam to open a factory is that the facilities are superior to other locations. “The establishment of this new factory is part of the group’s wider strategy to develop the footwear sector in the Vietnamese market,” said Urban. Meanwhile, Danish jewellery brand Pandora on May 12 signed an MoU to build a new jewellery crafting facility in Vietnam-Singapore Industrial Park III (VSIP) in the southern province of Binh Duong, 40km north of Ho Chi Minh City. According to Jeerasage Puranasamriddhi, chief supply officer at Pandora Production Co., Ltd., the new factory will be the company’s third manufacturing site and its first … [Read more...] about Key localities stepping up industrial real estate moves
Việt Nam commits to working with global community in tackling global issues
Ambassador Lê Thị Tuyết Mai. Photo vtv.vn Deputy Prime Minister Lê Minh Khái is attending the 52nd World Economic Forum (WEF) annual meeting from May 23-24 in Davos, Switzerland. Ambassador Lê Thi Tuyết Mai, Head of the Permanent Delegation of Việt Nam to the United Nations, World Trade Organization (WTO) and other international organisations in Geneva, talks to VTV News on relations between Việt Nam and WEF, as well as issues surrounding the content of this year's forum. The World Economic Forum Annual Meeting 2022 (WEF Davos Conference 2022) has the theme "History at a turning point: Government Polic ies and Business Strateg ies". This will be the first live event promoting public-private cooperation between leaders of countries, international organi sations and global corporations since the COVID-19 pandemic. Could you please tell us more about the issues that will be discussed at the Conference, as well as the purpose, meaning and comments on this year's topic? The … [Read more...] about Việt Nam commits to working with global community in tackling global issues
NA meeting expected to create premise for socio-economic achievements
National Assembly Chairman Vương Đình Huệ delivers opening remarks at the meeting in Hà Nội on Monday. — VNA/VNS Photo HÀ NỘI — National Assembly (NA) Chairman Vương Đình Huệ asked deputies to propose practical and effective measures to fulfil socio-economic targets for the 2021-2025 period. Addressing the opening ceremony of the third session of the 15th-tenure NA in Hà Nội on Monday, Chairman Huệ proposed the deputies assess achievements and shortcomings, while pointing out challenges to successfully implementing socio-economic development tasks. Deputies were also asked to closely follow requirements, targets and solutions set by the NA and the Government regarding socio-economic development, COVID-19 prevention and control, five-year planning frameworks during the 2021-2025 period and fiscal and monetary policies. In order to ensure the highest efficiency of the third session, NA agencies and deputies made careful preparations for discussions, aiming for the best outcomes … [Read more...] about NA meeting expected to create premise for socio-economic achievements
Vietnam, Cambodian boost defence ties
At the event (Photo: VNA) Hanoi (VNA) - Vietnamese Minister of National Defence Gen. Phan Van Giang held a reception for visiting Cambodian Deputy Prime Minister and Minister of National Defence Tea Banh in Hanoi on May 23. Expressing his delight at the success of the first ministerial-level Vietnam-Cambodia border defence exchange, Minister Giang highlighted its significant meaning in strengthening the two countries’ solidarity and friendship. He affirmed his ministry’s desire for further close collaboration and assistance for the Cambodian Ministry of National Defence to successfully conduct its role as ASEAN Chair in 2022. The minister stressed the sides need to work closely to practically and effectively implement their cooperation activities this year in line with the plan and with the common perception of the two defence ministries' leaders. In the immediate future, they will join hands to prepare for the 45th anniversary of Cambodian Prime Minister Hun Sen’s … [Read more...] about Vietnam, Cambodian boost defence ties