Grab to support Viet Nam’s startup ecosystem

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.

Warning for VN stocks after new infection reports

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.

Deals signed to promote wood processing sector’s digital transformation

The Handicraft and Wood Industry Association of HCM City (HAWA), the Bình Dương Furniture Association (BIFA) and the Handicraft and Wood Industry Association of Đồng Nai (DOWA) on March 5 signed co-operation agreements with FPT Corporation on promoting digital transformation to help wood processing enterprises optimise operations, save costs and improve competitiveness.

Epidemic causes credit growth to slow sharply

Credit growth of the banking system in the first two months of this year reached only 0.06 per cent, slowing significantly against the 1 per cent rate in the same period last year, due to adverse impacts of the COVID-19 epidemic, the State Bank of Việt Nam (SBV) reported.

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