Investors for pre seed

"Vietnam has brought the pandemic under control and resumed tourism and aviation activities. The first group of foreign travelers returning to Vietnam after the country reopened its borders from March 15 was from the U.S.," Chinh told a conference on trade, investment and tourism promotion between Vietnam and the U.S. in San Francisco on May 17. Before the pandemic, the U.S. was among the 10 largest source markets of Vietnam's tourism. In 2019, there were over 746,000 American tourists visiting Vietnam and the average growth rate during the 2014-2019 period was 11 percent. A Vietnam Airlines spokesman told the conference the national flag carrier now operates four weekly flights between San Francisco and Ho Chi Minh City, using Airbus A350 and Boeing 787 craft and it plans to operate daily flights between both cities from next year. A representative of hospitality group Thien Minh said the company is ready to operate luxury tours to the U.S. for Vietnamese travelers from this … [Read more...] about PM calls for American investors to boost tourism cooperation with Vietnam

Public-private partnership (PPP) is a mechanism and common practice to mobilise and encourage investment in areas promoted by governments. The main characteristic of such projects is that both private investors and public authorities share the risks and responsibilities in construction and operation. The public sector typically contributes only a small portion to these projects, with the private sector still in charge of construction and operation. The risks of these projects typically involve the phases of selection, approval, design, construction, financing, operation, and management phases. Over the years, Vietnam issued several decrees before the new Law on Public-Private Partnership Investment was promulgated in 2020 and took effect from January 2021. The law and accompanying decree guiding the implementation of the law have overcome and limited barriers to investment in the form of PPP, creating favourable conditions for such investment. PPP investment in health is one of … [Read more...] about Navigating legal challenges in healthcare partnerships

Many blue-chip stocks are at attractive price ranges for investment A significant increase On May 17, Vietnam's stock market had a breakthrough session, reaching the highest point globally with the VN-Index rising by more than 56 points (+4.8 per cent) and crossing the threshold of 1200 points. All key stocks in the VN-30 group gained, in which many codes in the banking, consumer, and retail sectors grew strongly. The Masan shares of billionaire Nguyen Dang Quang increased to their limit of VND96,500 ($4.20) per share, with nearly 1.6 million units transferred. Foreign investors bought more than 500 thousand. This is a major breakthrough for the consumer-and-retail giant as other stocks have been on a downward trend over the past weeks. This is in line with the declining trend worldwide and pressure from local retail investors to sell-off. However, the demand from institutional investors for large and industry-leading stocks showed signs of strong growth. A … [Read more...] about Vietnamese stocks see world-leading growth

Ho Chi Minh City, May 17, 2022, Touchstone Partners today announced that it participated in Eureka Robotics’ recently closed pre-Series A round of funding, which raised US$4.25 million from a handful of investors. In this fundraising round, Touchstone joins lead investor The University of Tokyo Edge Capital Partners (UTEC) and existing investor ATEQ. Eureka Robotics is a Singapore-based start-up which develops software and systems to automate tasks that require simultaneously High Accuracy and High Agility (HA-HA) across a range of industries, including optics, electronics, and automotive. The company has deployed robots and systems in factories in Singapore, China and Japan. Eureka Robotics was founded in 2018. The company plans to use the new capital raised to expand its operations beyond Singapore where it is headquartered and Paris, France, where it maintains an R&D office, including establishing an office in Vietnam in Hanoi in July 2022. It initially plans to … [Read more...] about Touchstone Partners invests in Eureka Robotics

A panel discussion at the conference on strengthening ‘Public-Private Partnership for sustainable healthcare transformation’ in Hanoi on May 18. (Photo: VNA) Hanoi (VNS/VNA) - ‘Public-Private Partnership for sustainable healthcare transformation’ was the main topic of a conference organised by Dau tu (Investment) newspaper in Hanoi on May 18. Opening the event, the newspaper's editor-in-chief Le Trong Minh said that Vietnam's health sector faced many challenges, such as increasing infectious and non-communicable diseases, hospital overcrowding, shortage of supplies and equipment, the ageing population as well as the disparity between regions and healthcare levels in terms of quality of medical services and standardisation of modern equipment. “For the health system to be capable and always ready to respond to future situations, towards a comprehensive and sustainable health care system, it is necessary to have new investment orientations in social resources for the health … [Read more...] about Conference discusses Public-Private Partnerships in health

A panel discussion at the conference on strengthening ‘Public-Private Partnership for sustainable healthcare transformation’ in Hanoi on May 18. (Photo: VNA) Opening the event, the newspaper's editor-in-chief Le Trong Minh said that Vietnam's health sector faced many challenges, such as increasing infectious and non-communicable diseases, hospital overcrowding, shortage of supplies and equipment, the ageing population as well as the disparity between regions and healthcare levels in terms of quality of medical services and standardisation of modern equipment. “For the health system to be capable and always ready to respond to future situations, towards a comprehensive and sustainable health care system, it is necessary to have new investment orientations in social resources for the health system, as well as stronger cooperation from the parties involved, including the Public-Private Partnership (PPP) method,” said Minh. At the event, MPI deputy minister Tran Duy Dong said it … [Read more...] about Conference discusses Public-Private Partnerships in healthcare

Workers during a shift at an animal feed factory in northern Ninh Binh Province. — VNA/VNS Photo Thong Nhat While Viet Nam's economic recovery was gaining momentum, the Government must pay more attention to "inflation and heightened risks of weaker global demand and supply disruptions to economic prospects", said a World Bank report on the South East Asian economy for May. Major disruptions to look out for include the uncertainty due to the ongoing Russia-Ukraine conflict and supply issues caused by lockdowns in China. The report said if higher inflation persists in the medium term, the economy should be allowed to adjust to higher prices with the authorities incentivising investments to increase productivity and aggregate supply. To mitigate risks to export performance, diversifying trade partners would be a prudent strategic consideration. During the month of April, the country's industrial production index grew by 9.4 per cent, comparable to the pre-pandemic level. … [Read more...] about WB warns of heightened risks looming

The United States Agency for International Development (USAID) and the General Department of Vietnam Customs (GDVC) on Thursday released an action plan for reducing congestion at Cat Lai Terminal, Vietnam’s busiest container operation in Ho Chi Minh City. Containers at Cat Lai Port The action plan, unveiled at a workshop co-organized by USAID and GDVC, contains 21 recommendations to help position the port to meet increasing demand. Before COVID-19, the port was operating at full capacity, with demand as measured by container volume expected to double by 2030. The workshop brought together more than 70 representatives from Vietnam Customs, ministries, and the business community to discuss the action plan—the result of a Pre-Feasibility Study on Anti-Congestion and Facilitating Trade Logistics at Cat Lai Port conducted by the USAID Trade Facilitation Program between May 2020 and March 2021. The study takes a comprehensive look at the 160-hectare port’s … [Read more...] about USAID supports efforts to reduce congestion at Cat Lai Port

Containers at Cát Lái Port, Việt Nam’s busiest container port. — VNA/VNS Photo HCM CITY — The United States Agency for International Development (USAID) and the General Department of Vietnam Customs (GDVC) released on Thursday an action plan for reducing congestion at Cát Lái Terminal in HCM City, Việt Nam’s busiest container port. The action plan, unveiled at a workshop co-organised by USAID and GDVC, contains 21 recommendations to help position the port to meet increasing demand. Before COVID-19, the port was operating at full capacity, with demand as measured by container volume expected to double by 2030. The workshop brought together more than 70 representatives from Vietnam Customs, ministries, and the business community to discuss the action plan — the result of a Pre-Feasibility Study on Anti-Congestion and Facilitating Trade Logistics at Cát Lái Port conducted by the USAID Trade Facilitation Programme between May 2020 and March 2021. The study takes a comprehensive … [Read more...] about USAID supports efforts to reduce congestion at Cát Lái Port

Le Minh Sang, health specialist at World Bank Vietnam Healthcare public-private partnerships (PPPs) can be classified into five types (see Figure 1) depending on the roles and responsibilities that the private sector takes. Each type has certain advantages and disadvantages. A managed equipment service PPP enables major equipment suppliers to own and manage all equipment required for health facility operations. Under an operation and management services PPP, a private partner is contracted to operate and manage a hospital, health facility, or health network in exchange for a management fee. Specialised services PPPs involve a government contract with a private partner to deliver specific services (dialysis, radiotherapy, laboratory testing) at public healthcare facilities. In a health facility PPP, the government retains control of clinical services, but the private sector provides some combination of the detailed design, construction, and refurbishment of infrastructure. And … [Read more...] about Narrowing the gap for PPPs in health