Ascend Vietnam Ventures has exceeded its US$50 million target for its flagship early-stage venture capital fund, AVV Alpha. Ascend Vietnam Ventures (AVV), the fund led by Binh Tran and Eddie Thai, is seeking the next wave of globally iconic startups emerging from Vietnam. Eddie Thai is speaking at a growth event for founders. Photos: AVV The team has increased its investments in startups in Vietnam, seeding up to US$2 million into 25 startups next year and following on with checks of up to $5 million. With the new fund, AVV has been exploring a broad range of tech opportunities including those in financial inclusion, education, and future of work. AVV Alpha is backed by a mix of investors from Asia, Europe, and the US, including development finance institutions, funds, corporate VCs, and high-net-worth individuals from leading local and regional companies. It has picked ten startups in the past nine months, including Kilo (SaaS & wholesale … [Read more...] about Ascend Vietnam Ventures seeks building global startups in Vietnam
Australian aid
4 resorts offer wellness boost in pandemic times
The TIA Wellness Resort on My Khe Beach in Da Nang is an ideal spot for a post-Covid vacation and fortification. The resort has 22 spa treatment rooms, two beauty care rooms, a steam room, a sauna and an outdoor swimming pool. The resort is currently offering two packages for 4 days and 3 nights, which include two intensive care treatments per night, each lasting 80 to 120 minutes. Guests can also join pranayama (breathing exercises), tai chi or yoga classes/sessions guided by personal trainers. The resort has 87 rooms and a night's stay costs from VND5.9 million ($253.32) per person. Also in Da Nang, the Naman Retreat on Truong Sa Street along Non Nuoc beach has 113 villas amidst lush greenery. The resort has private gardens for guests to exercise and join other wellness services to improve their health. … [Read more...] about 4 resorts offer wellness boost in pandemic times
Vietnamese Vice President meets with foreign leaders in Philippines
Vice President Vo Thi Anh Xuan (left) meets President of the Philippines Ferdinand Romualdez Marcos Jr on July 1 . (Photo: VNA) Hanoi (VNA) – Vietnamese Vice President Vo Thi Anh Xuan on July 1 had a meeting with President of the Philippines Ferdinand Romualdez Marcos Jr as part of her visit to the country to attend the latter's swearing-in ceremony. Vice President Xuan conveyed congratulations from President Nguyen Xuan Phuc and Vietnamese leaders to the Philippine President. The Vice President expressed her belief that with his rich experience and determination to bring practical benefits to the people during his presidency, President Marcos will lead the Philippines to develop prosperously and affirm the country’s important role and position in the region and in the world. She also conveyed a letter from President Nguyen Xuan Phuc inviting President Marcos and his wife to visit Vietnam soon. The Philippine President thanked Vice President Xuan and the Vietnamese … [Read more...] about Vietnamese Vice President meets with foreign leaders in Philippines