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?
Make online gif
Eleven of the 17 companies are building for cross-border markets, pushing beyond their geographical borders from day one. Several of these companies are also challenging the status quo in their respective categories, digitizing and disrupting traditionally offline industries like logistics, automotive and insurance. … [Read more...] about Sequoia Capital India’s Surge selects 17 startups who will thrive in a post-COVID world
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
The Government of Vietnam has set a target by 2030 of increasing the effectiveness of the intellectual property laws and significantly reducing infringement of intellectual property rights. However, experts have said, it is necessary to raise awareness about intellectual property issues in the community while strengthening the capacity and efficiency of State management agencies to promptly coordinate and solve infringement in order to attract quality foreign investment capital./ . … [Read more...] about Vietnam boosts IP rights to attract investment
Hanoi (VNA) - Party General Secretary and State President Nguyen Phu Trong said on November 27 that Party inspection and supervision work must be carried out regularly, comprehensively, openly, democratically, and cautiously. Speaking at a national conference on the work held in Hanoi by the Secretariat of the Party Central Committee, he called for more all-round inspections of the degradation in political ideology, morality, and lifestyle. Due attention must be paid to officials who are corrupt as well as to issues of public concern, the leader asked. He highlighted the role of all-level Party Committees, particularly leaders, in the task, and asked the Party Central Committee’s Inspection Commission to closely monitor the performance of lower-level inspection boards in this regard. Party inspection and supervision work should be conducted in tandem with auditing, investigations, prosecutions, and settlements, Trong said, suggesting mechanisms to promote the role of the … [Read more...] about Party inspections must be comprehensive, cautious: Top leader