Nguyen Duc Thuan, director of the Vietnam Environment Protection Fund under the Ministry of Natural Resources and Environment, shared his experience on loans disbursement and examination. “Before granting loans to any businesses, funds must ensure checking information from the Credit Information Centre, as well as double-check their financial capacity and debt payment ability. As a state-owned fund, the SMEDF should take a very cautious view on conducting evaluation and loan appraisals processes.” … [Read more...] about Caution urged for SME fund processes
Kotak asset allocator fund
Vietnamese livestreaming firm GoStream raises $1 million funding from VinaCapital Ventures
GoStudio, a product of GoStream, won first prize at the Vietnam Techfest 2020 last November. The contest’s organizing committee recognized the product’s ease of use and adaptability to a range of online channels, including social commerce, online training and online entertainment. … [Read more...] about Vietnamese livestreaming firm GoStream raises $1 million funding from VinaCapital Ventures
Indonesian parliament discusses candidates overseeing sovereign wealth fund
Jakarta (VNA) – Members of the Indonesian House of Representatives (DPR) are discussing candidates for the supervisory board of the Sovereign Wealth Fund (SWF), representative of the House’s Commission XI Amir Uskara said on January 19. Earlier, President Joko Widodo sent a letter to the parliament, proposing the names to the DPR leaders. The President’s letter on the SWF investment authority board is still in possession of DPR leaders, who is going to hold an official meeting about the letter itself, he said, adding the formation of the SWF authority board will be discussed in the consultative assembly while the President’s proposed names will be considered carefully. The SWF is established in the context that the Indonesian economy has been battered by the COVID-19 pandemic. It is planned to operate early this year, and is expected to help the Southeast Asian country recover its economy after the outbreak is controlled. President Widodo earlier said that … [Read more...] about Indonesian parliament discusses candidates overseeing sovereign wealth fund
Live video streaming startup GoStream secures 7-digit funding
Ho Chi Minh City (VNA) -- GoStream, a fast-growing Vietnamese startup that provides multi-platform livestream broadcaster for social sellers, marketers, and content creators, has announced that it has secured a 7-digit USD funding from VinaCapital Ventures to help expand its business. Speaking at the signing ceremony of the deal in the central province of Nghe An on January 15, Trung D. Hoang, a partner at VinaCapital Ventures, commented: “We are excited to invest in GoStream, which has been leading the way in integrating livestreaming across a number of sectors. Their innovative streaming technology is helping more businesses reach more viewers and customers, and we look forward to working with them as they further expand their capabilities and play an even greater role in Vietnam’s growing digitalisation.” Founded in 2017, GoStream is an easy-to-use platform for any type of user, even for those with little or no technical knowledge. It enables users to reach … [Read more...] about Live video streaming startup GoStream secures 7-digit funding
Vietnam’s e-wallet Gpay draws funding from S.Korean financial firm in Series A investment
“The investment will be used to grow users based on the existing ecosystem, develop strategic technology solutions and people investment with the mission to bring convenience, security and happiness for Vietnamese people by providing platforms in financial services on mobile devices,” the Vietnam News Agency quoted Nguyen Thuan Chat, co-founder and CEO of Gpay, as saying. … [Read more...] about Vietnam’s e-wallet Gpay draws funding from S.Korean financial firm in Series A investment