Việt Nam News

Investment in Vietnamese start-ups is growing sharply with millions of dollars pledged in 2019 and the first two months of 2020, according to Singaporean venture capital firm Cento Ventures.

Having launched as a hub for green and hi-tech investment in 2013, the Đà Nẵng Hi-Tech Park has lured 18 investment projects, of which nine foreign direct investment (FDI), with total US$564 million. Six projects including four FDI and two domestic investors were already put into operation.

Việt Nam and Russia have signed seven cooperation documents on animal health, quarantine, plant protection and food safety.

Financed by Công Lý construction-trade-tourism company headquartered in Cà Mau Province, the plant costs more than VNĐ5.2 trillion (US$223 million at the current exchange rate).

The Ministry of Transport will bring to a close the pilot scheme for electronic contract-based passenger transportation, popularly known as ride-hailing services, on March 31.

Firms which exported derivative aluminium and steel to the US needed to work with their partners on requesting tax exemption in case their products satisfied conditions for exclusion, according to the Trade Remedies Authority of Việt Nam.

Grab has launched the Grab Ventures Ignite (GVI), an accelerator programme for early-stage startups, as part of the Grab for Good Development roadmap in Viet Nam which aims to create greater social and economic benefits for the country through technology.

The Vietnamese stock market would struggle to hold on to its threshold as analysts are afraid the market sentiment could worsen after new coronavirus-infected cases were reported over the weekend.

For many women in the workplace, salary may not be of the utmost importance but a female-friendly working environment is key to job satisfaction.

Firms said shareholders’ meetings were to proceed as scheduled in March and April despite concerns over the outbreak of the novel coronavirus (COVID-19).

Vietnamese mobile phone manufacturers face severe competition, and struggling to retain market share, from foreign players across segments, experts warn.

The Việt Nam Real Estate Association has proposed the Government develop measures with a focus on credit and tax support, together with improving the legal framework for new property products so as to aid the property market to overcome this difficult period.

Electricity prices should be adjusted more frequently to better promote market competitiveness, said Trần Đình Long, Vice President of the Vietnam Electricity Association.

The Ministry of Industry and Trade will continue to support local businesses after the coronavirus epidemic ends, a top official has said.

More than 266.8 million shares were traded on the two exchanges, worth VNĐ4.55 trillion (US$195.7 million).

An 83 per cent discount on tickets with the promotion code BOOKNOW83 and 38 per cent discount on Skyboss tickets with the promotion code SKYBOSS38 will be on offer from Friday to Sunday.

Professor Vũ Ngọc Tâm of the University of Colorado in the US, the founder and CEO of Earable Inc, has been awarded a 2020 Sloan Research Fellowship for computer science by the Alfred P. Sloan Foundation.

Local gold prices soared back to hit VNĐ47.7 million (US$2,053) per tael ($1,703.7 per ounce).