Hanoi (VNA) - Vietnam is still regarded by investors as an attractive destination thanks to its stable politics and macro economy, favourable geographical location, and advantages in land and human resources, according to Deputy Minister of Planning and Investment Tran Quoc Phuong. The country has maintained growth in 2020 despite the marked impact of the COVID-19 pandemic on economic activities, Phuong said, noting that Vietnam has, therefore, become a major candidate during the transition of the value chain in Asia. During online investment promotion events with partners in Asia and Europe held recently by the Ministry of Planning and Investment (MPI), major investors again expressed their interest in investment in Vietnam, he added. In fact, major groups such as Apple, Foxcom, and Luxshare have increased their orders and investments in the country, with capital amounting to billions of US dollars. Do Nhat Hoang, head of the MPI’s Foreign Investment Agency, expects that … [Read more...] about Vietnam expects to welcome more investors next year
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“Surge 04 has an incredibly talented and determined group of founders we’re proud to partner with. These are founders who have shown the courage to start up and persevere through an extremely challenging year. This cohort is a reflection of how the region’s startup ecosystem will look and think for the next few years – possibly impacting entire economies. Businesses going beyond home markets, thinking digital first, and leveraging technology to solve problems at scale for industries around the world. It’s incredible to be a part of this growth story,” said Rajan Anandan, Managing Director, Sequoia Capital India LLP. … [Read more...] about Sequoia Capital India’s Surge selects 17 startups who will thrive in a post-COVID world
Da Nang (VNA) - The Da Nang Business Incubator (DNES), in cooperation with the Accelerator Lab (AccLab) in Vietnam, which is also part of the United Nations Development Programme (UNDP) global network of 90 AccLabs, has launched the Da Nang Circular Economy Hub and Boot Camp to support innovative projects in the city and central Vietnam. The hub, which debuted in the city on November 11, aims to help talented people with innovative projects in improving solid waste treatment and promoting sustainable consumption in communities in central Vietnam. The Da Nang Circular Economy will select environmental ‘messengers’ to join green avenger programmes within the framework of the Da Nang Economic Circulation Network project. It is estimated that between now and 2050, the total amount of solid waste in urban areas worldwide will increase by about 70 percent, while the amount of plastic waste dumped into the sea would overtake the number of fish. Sitara Syed, UNDP Deputy … [Read more...] about UNDP helps Da Nang build circular economy hub
Yes Vietnamese companies were at a massive advantage thanks to the government’s success in containing the pandemic. But also the best Vietnamese companies and people shone with their exceptional abilities during the crisis. The old fashioned companies with strict inflexible hierarchies and staff saying “tell me what to do” are probably still nervously waiting for things to get back to the old normal. The modern agile companies on the other hand wasted no time and were able to spring into action in March already. Their organisational structures could be realigned fast, with everyone empowered to help with creative solutions. Nobody has ever dealt with a pandemic like this before, so being creative became the most valued skill. … [Read more...] about How the best companies in Vietnam grew during COVID?
Their role in the host countries has also improved with recognized legal status, stable residence, better integration into the society, and more engagement in politics. An estimated 500,000 or 10% of OV are experts and intellectuals. A generation of talented young Vietnamese people is recognized in spearhead sectors namely IT, telecommunications, electronics, new materials, machine engineering and biology. … [Read more...] about Overseas Vietnamese: Inseparable part of Vietnam