Vietnamese Ambassador to Germany Nguyen Minh Vu speaks at the event. (Photo: VNA) Berlin (VNA) – Vietnamese Ambassador Nguyen Minh Vu has urged the Vietnamese Entrepreneurs in Germany to play a part in boosting the two countries’ relations. He made the statement at the 6th congress of the Vietnamese Entrepreneurs in Germany held in Berlin on December 7. Ambassador Vu spoke highly of what the association has done, saying he expects it will expand its member network across Germany and help Vietnamese people in Germany stay united, contributing to enhancing the bilateral ties. The association’s activities must be centred around its members and timely support should be provided to the members to help them solve difficulties in business, he continued, Vu added. The diplomat also updated the participating Vietnamese businesses on an action programme on the bilateral strategic partnership recently inked between the two countries’ foreign ministries … [Read more...] about Vietnam businesses in Germany urged to help boost bilateral ties
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Strong advocator of Vietnam’s business development
CSR Strong advocator of Vietnam’s business development By Son Hoang Monday, Dec 9, 2019,09:35 (GMT+7) Strong advocator of Vietnam’s business developmentBy Son Hoang Mr. Shin Dong Min, CEO of Shinhan Bank in Vietnam, and representatives of SFL Vietnam welcome potential startups to join in “Acceleration program” When it comes to corporate social responsibility, Shinhan Bank chooses the rougher path: helping develop new startups for the local economy. Over the past three years, many Vietnamese startups have emerged and gained initial success owing to the support from the South Korean bank. The initiative to support Vietnamese startups stemmed from the success of Shinhan Future’s Lab (SFL), a subsidiary of Shinhan Financial Group known as the leading start-up acceleration program in South Korea. SFL Korea was founded in 2015 and has since supported a lot of successful startups. Some 93.4% of … [Read more...] about Strong advocator of Vietnam’s business development
Fintech the key to a modern digital banking strategy
At the Korea ICT Day 2018, the Fintech Centre Korea signed memoranda of understanding with four Vietnamese institutions. — Photo vtv.vnViet Nam News HÀ NỘI — Fintech is gaining popularity around the world as Southeast Asia, including Việt Nam, becomes a target for fintech’s global expansion. On the cusp of the Fourth Industrial Revolution, with the rapid development of Blockchain technology, Artificial Intelligence (AI), the Internet of Things and Big Data, financial technology (fintech) has created a groundbreaking change in the financial industry, introducing a whole new shopping experience to consumers. Fintech has evolved into a global wave. Many fintech companies have developed new business models and new products, bringing greater access to financial services. The global fintech sector raised US$57.9 billion in the first half of 2018, surpassing last year’s record number. Investment in fintech companies in Asia hit $16.8 billion, only … [Read more...] about Fintech the key to a modern digital banking strategy
Thaco to buy five million shares of Hoang Anh Gia Lai Agricultural JSC
Farmers of Hoang Anh Gia Lai Agricultural JSC (HNG) (Source: haagrico.com.vn) Hanoi (VNS/VNA) - Truong Hai Auto Corporation (Thaco) has registered to buy five million shares of Hoang Anh Gia Lai Agricultural JSC (HNG). HNG is the business arm of farming group Hoang Anh Gia Lai Joint Stock Company (HAG). Thaco expects to spend 73 billion VND (3.2 million USD) for the acquisition. The transactions will be conducted via agreement or order matching method, from December 4 this year to January 2 next year. After the purchase, Thaco will hold 296.4 million HNG shares, 26.7 percent of the firm. Thaco currently holds 291.4 million HNG shares. Thaco and HAG signed a cooperation contract in August 2018. Thaco Chairman Tran Ba Duong pledged to pour capital into HNG, help implement the HAG Myanmar project and arrange HNG’s loan structure. In the first nine months of this year, HNG recorded net revenue of 1.27 trillion VND (54.9 million USD), down 54 percent from the same period … [Read more...] about Thaco to buy five million shares of Hoang Anh Gia Lai Agricultural JSC
Hai Phong port welcomes largest ever container ship
Singaporean-flag X-Pree Feeder container ship has become the largest ship of its kind to dock at Tan Vu port. (Photo: VNA) Hai Phong (VNA) – Singaporean-flag X-Pree Feeder container ship has become the largest ship of its kind to dock at Tan Vu port in the northern port city of Hai Phong. The ship, which is 210.96 metres in length and 32.2 metres in width, has a deadweight tonnage of 32,161. The vessel left China’s Hong Kong port for the Port of Hai Phong JSC’s Tan Vu Port to offload cargo on April 16 and will leave the port at 0:30 am on April 17. According to Cao Trung Ngoan, deputy director of the Port of Hai Phong JSC, the arrival of X-Pree Feeder is a landmark for Hai Phong Port as it proves the port’s capacity and affirms the significance of investment to modernise the port. The company has fulfilled its plan to develop Tan Vu Port into the largest and most modern container port in the northern region, he added, expressing his hope that relevant … [Read more...] about Hai Phong port welcomes largest ever container ship
