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 startups coming out from SFL have not only developed a strong business model but also expanded their scales, according to the bank. Just one year later, SFL Vietnam was established in 2016, and after nearly three years of operation, SFL Vietnam has introduced highly-potential business models to Vietnamese startups in a wide range of fields with high practical applicability and therefore, contributed to the growth… Read full this story
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