If Tiki and Sendo successfully carry out the merger, the Vietnamese e-commerce market will be the playing field for three major players. Two of them, Lazada and Shopee, are foreign invested. SBI E-Vietnam is the biggest shareholder with 21.85 percent of shares, while Econtext Asia 11.47 percent and Beenos Asia 5.93 percent. … [Read more...] about Vietnam’s e-commerce firms spend big money to fight foreign giants
Big money lil uzi
E-commerce and fintechs accounted for four-fifths of the total number of big calls for capital in 2019. The biggest deal was worth $300 million. The deal also witnessed the presence of veteran investors, including SBI Group, BEENOS, SoftBank Ventures Asia, Daiwa PI Partners and Digital Garage. These investors poured $51 million worth of capital into Sendo in Series B round of funding in 2018. … [Read more...] about VN e-commerce and fintech firms successfully call for huge capital in 2019
Explaining the reason behind the soar, banking economist Bui Quang Tin said that the fast spread of the coronavirus at big economies like South Korea and Japan has negatively impacted the global market, securities, and the performance of companies. This has elevated demand for safe investments like gold. … [Read more...] about Local gold price rockets to near $2,173
MIC’s view is that Vietnam’s ecosystem must be developed and provided by Vietnam’s firms and operates in accordance with the market rules. The State will set the ‘rule of game’ with reasonable policies to encourage Vietnamese firms to create products for the ecosystem. As for social networks, in the the year 2019 witnessed the birth of two social networks – Lotus (VC Corp) and Gapo (G-Group), which strives to have 50 million users by the end of 2021. In the past, there were only two ‘purely Vietnamese’ networks (Zalo of VNG and Mocha of Viettel Media). … [Read more...] about Where are the opportunities for Vietnam’s digital production ecosystem?
Hanoi (VNS/VNA) - Over the past 17 years, Japanese doctor Tadashi Hattori has become a friend to many visually-impaired patients in remote and disadvantaged areas of Vietnam, particularly those in Quang Ninh, Thai Nguyen, Bac Kan, Binh Phuoc and Ca Mau. Realising that many poor patients could not afford treatment in major hospitals in Hanoi, the 55-year-old ophthalmologist started travelling to these areas to conduct free surgery, bringing light to over 15,000 patients. Doctor Hattori, born in Osaka, graduated from Kyoto Prefectural University of Medicine, one of the eight most prestigious universities in Japan. After that, he was invited to work in many renowned hospitals in his country. He decided to be a doctor at the age of 15 after witnessing the cold, irresponsible behaviour of medical staff in the hospital that caused his father’s death. Hattori studied hard at university and even at work. Now he is a … [Read more...] about Japanese doctor brings light to visually-impaired