The Hanoitimes - The biggest-ever event is expected to bring foreign investors to Vietnam and innovate sustainability for Vietnamese startup ecosystems. The Hanoi Innovation Summit is a brand new international event held for the first time in Hanoi, attracting more than 100 international speakers, hundreds of domestic and foreign innovators, investors and startups, and more than 3,000 attendees. Hanoi Innovation Summit - the biggest-ever event attracting global innovators and investors to Vietnam. Photo: HIS Taking place on August 29-30, the summit is co-created by two France-based companies Schoolab and Startup Sesame, and is co-hosted by the Hanoi People’s Committee and the Ministry of Planning and Investment. Major tech players attending Hanoi Innovation Summit (HIS) include AWS, Microsoft, IBM, TechCrunch, NBC News, Golden Gate Venture, Click Ventures, among others. Experts are those from Finnish ecological champion Nordic 247 to South-Korean-based … [Read more...] about How big is Hanoi Innovation Summit?
Indian tech startups
Danang to promote investment in hi-tech sectors Employees work at an automobile assembly and manufacturing plant in Danang’s Hoa Khanh Industrial Park in this file photo. Danang’s enterprises are being urged to suggest ideas for attracting investment in hi-tech sectors at an upcoming conference, scheduled for March 1 – PHOTO: VGP The central coastal city of Danang has urged local firms to pose ideas at an upcoming conference, scheduled for March 1, for attracting foreign direct investment (FDI) in sectors leveraging hi-tech applications in the 4.0 era, the Government portal chinhphu.vn reported, citing the municipal People’s Committee. The municipal government on February 20 stated that the city will prioritize receiving FDI capital for the field of hi-tech agriculture to achieve sustainable growth, alongside other hi-tech-deploying sectors. It will also prepare feasible projects to attract investors from Japan, South Korea and the United States, according to … [Read more...] about BUSINESS NEWS IN BRIEF 23/2
Japanese personnel provider enters Vietnamese market Representative from Sunwell Solutions Vietnam Yoshioka Reito (R) A representative from Japan’s Sunwell Solutions JSC said on January 23 that its Vietnamese office officially became operational earlier this month. Sunwell Solutions, with eight years experience in providing human resources solutions, aims to increase opportunities for outstanding Vietnamese engineers working at Japanese firms and develop relations between Japanese employers and Vietnamese employees. Yoshioka Reito, a representative of Sunwell in Vietnam, stressed that although it has been established for nine years with highly technical staff, Sunwell is looking to expand its business to great customers, focusing on key fields such as information technology, automobile technology, and refinery projects. According to Reito, Vietnam’s high-quality engineers are able to meet the requirements of Japanese businesses. Sunwell was established with … [Read more...] about BUSINESS NEWS IN BRIEF 25/1
Hanoi 3rd in JLL's City Momentum Index The Asia-Pacific is home to 19 of the top 20 cities on the sixth City Momentum Index published by JLL, highlighting the continuing shift of fast urban growth from the West to the East. Overall, Indian and Chinese cities dominate the rankings, accounting for three quarters of the top 20. Leading the pack are Bengaluru and Hyderabad in India, with Hanoi third. “Asia continues to show strong momentum, with cities that are successfully expanding their innovation economy punching above their weight in terms of attracting capital, companies, and people,” said Mr. Jeremy Kelly, Director of Global Research at JLL. “It’s clear that the tech sector is a key driver of both real estate and economic momentum - driven by large technology firms as well as dynamic startups in cities like Bengaluru, Hyderabad, Ho Chi Minh City and Shenzhen.” Although the global economic cycle is in its late stages, there are still many cities in the … [Read more...] about BUSINESS NEWS IN BRIEF 19/1
Experts want to reduce number of export inspections Experts have suggested changing the number of and the time spent for inspections of export activities, including customs clearance, to help reduce costs for enterprises. Speaking at a seminar held in Ho Chi Minh on December 20, Tran Ngoc Liem, deputy director of the Vietnam Chamber of Commerce and Industry (VCCI) HCM City, said that overlapping inspection procedures were causing problems for enterprises. The General Department of Vietnam Customs said that procedures accounted for up to 50 percent of customs clearance time. Many shipments have been inspected, but still have not been cleared, it said. Even after three months, State agencies are still conducting inspection checks. Phan Duc Hieu, deputy head of the Central Institute for Economic Management (CIEM), said the proportion of imports and exports subject to specialised inspections at customs clearance was up to 30-35 percent and would be reduced to 15 percent under a … [Read more...] about BUSINESS NEWS IN BRIEF 22/12