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Nguyen Chi Long, general director of Long Hue Investment JSC, an SME supplier to Nafoods, admitted that he was able to boost his cash flows for operational expenses and expand his business operations after receiving funding from Validus Vietnam. “In the past, it was difficult for small business owners like myself to obtain sufficient funding from banks due to the lack of collaterals and business records. Thanks to Validus Vietnam, I can now receive financing on time to purchase farming equipment to harvest fruits and vegetables on my farm and sell them to Nafoods. I managed to improve my cashflow to purchase new supplies and expand my crop variety.” … [Read more...] about BUSINESS NEWS HEADLINES FEB. 12

The Mekong Delta province of Long An may see an unsold volume of dragon fruit amounting to over 120,000 tons in the first three months of the year due to the Wuhan coronavirus, heard attendees at a meeting between a working team of the Ministry of Agriculture and Rural Development and the provincial government on February 11. … [Read more...] about BUSINESS NEWS HEADLINES FEB. 13

Liverpool manager Jurgen Klopp was surprised by the European ban given to Manchester City. (Photo: AFP/Paul Ellis) UEFA announced the sanction on Friday, with European football's governing body punishing City for what it said were serious financial fair play breaches. … [Read more...] about Manchester City’s European ban shocks Klopp