Venture investment

The ministers highly appreciated the efforts of the bloc’s member countries in implementing necessary initiatives to maintain a rapid recovery, openness, further attract new investment and facilitate a business climate to overcome the unprecedented difficulties caused by the pandemic. Moreover, the ministers tasked staff to propose regional initiatives to further facilitate investment in ASEAN and prepare for a post-pandemic landscape. … [Read more...] about Investing regionally amidst current pandemic volatility

There are now more than 20 million active buyers from over 190 countries and regions and an average of 300,000 inquiries made daily for goods ranging from raw materials to finished products on the platform. Over 600,000 products from Vietnamese sellers are currently listed on the Alibaba.com platform, including items from key local industries like food & beverage, furniture, home & garden, agriculture, and apparel. … [Read more...] about Alibaba.com initiative helps Vietnamese SMEs venture abroad

Moscow (VNA) - Vietnamese Deputy Minister of Industry and Trade Hoang Quoc Vuong and Russian Deputy Minister of Economic Development Vladimir Ilichev co-chaired a teleconference of the Vietnam-Russia Senior Working Group on prioritised investment projects on August 31. … [Read more...] about Vietnam, Russia discuss prioritised investment projects amid COVID-19

In response to the slower demand at home and abroad, a number of giant steelmakers such as Nippon Steel Corporation and Tata Group said they will possibly halt the production of further blast furnaces to cope with the situation amid the ongoing coronavirus pandemic. And while Vietnam is relatively better off than many in terms of the pandemic, it will not be an exception to steel industry impacts. The World Steel Association also noted recovery is on trend but the steel picture remains less rosy than in other areas. … [Read more...] about Tough spot for steel ventures as pandemic cuts off progress

Nguyen Huu Tuat, CEO of NextPay said: “We are living in a digital economy whose main form is the app economy. One day, if a business's brand name doesn't appear on a customer's phone, that brand is no longer available. CNV Loyalty is a solution to help brands always present directly, interact directly, understand their customers directly at a zero cost. NextPay wishes to launch the CNV Loyalty application to hundreds of thousands of Vietnamese businesses through the network ecosystem of businesses using NextPay's payment and administration platform, using sales teams across of NextPay to accelerate development.” … [Read more...] about Start-up CVN Loyalty receives VND11 billion investment