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The startup accelerator program, SIHUB - EXPARA Accelerator batch 4 - 2022, has officially been launched. (Photo: SGGP) At this event, SIHUB and EXPARA officially introduced the sixth investment fund, Expara Southeast Asia Ventures, with a scale of up to US$450 million. Of which, one-third of the fund is for the Vietnamese market. When attending SIHUB - EXPARA Accelerator batch 4 - 2022, startups will have the opportunity to expand their network of partners, seek investors, learn from the experience sharing of CEOs, advisors, and guests, and have a chance to receive funding of up to $150,000. Investment enterprises that receive data from startups with growth potential can consider investing in and expanding that model. In addition, large enterprises can look for profitable investment opportunities through Expara Southeast Asia Ventures. Expara Southeast Asia Ventures is an early-stage (seed stage) venture capital fund that primarily invests in next-generation technology … [Read more...] about SIHUB – EXPARA Accelerator batch 4 – 2022 started

Prime Minister Pham Minh Chinh speaks at the meeting (Photo: VNA) Hanoi (VNA) – The domestic financial market has developed rapidly with outstanding results on the basis of cutting-edge technologies, Prime Minister Pham Minh Chinh said at a meeting of the National Steering Committee for Comprehensive Finance in Hanoi on August 6. Banking services have also made quick progress, catching up with the development of the international market, according to the PM, who is also head of the committee. However, shortcomings still remain during the implementation of comprehensive finance, he said, adding that residents in rural and remote areas still find it hard to access financial sources. Black credit has remained public concern and agencies and organisations have yet to coordinate concertedly and effectively in the implementation of comprehensive finance, the leader pointed out. He noted that the Government issued Decision No. 149/QD-TTg on the approval of a national … [Read more...] about PM chairs meeting of National Steering Committee for Comprehensive Finance

The work so far has advanced by 75%, whose elevated section (Nhon – Cau Giay) has been completed by 95%. The Nhon - Hanoi Station metro line is expected to be completed by December 31, 2022, and contractors are requested to halve the construction time of the underground section, originally scheduled for 2027. Prime Minister Pham Minh Chinh and leaders of Hanoi during the visit. Source: VGP Prime Minister Pham Minh Chinh urged to accelerate the metro line construction during a site visit today [August 7]. The Nhon – Hanoi station metro project with financial backing from the French Government, the French Development Agency (AFD), and the European Investment Bank (EIB) has a total length of 12.5 kilometers, running through eight elevated and four underground stations. Prime Minister Chinh and delegations on board a train. A report from the Hanoi Project Management Board of Urban Railway noted the metro line project was launched in … [Read more...] about PM expects Nhon – Hanoi station metro line to be completed by late 2022

Cambodian Deputy Prime Minister and Foreign Minister Prak Sokhonn (Photo: AP) Phnom Penh (VNA) - The 55th ASEAN Foreign Ministers' Meeting ( AMM-55 ) and related meetings have successfully concluded, with some 30 documents on regional cooperation adopted, Cambodian Deputy Prime Minister and Foreign Minister Prak Sokhonn said on August 6. "We have reviewed the progress made thus far to strengthen ASEAN's community building, advance regional integration, and enhance our cooperation with external partners," he told a press conference. The official said that over the course of three and a half days, 19 meetings were held back-to-back, with the participation of foreign ministers and representatives from 38 countries. On the COVID-19 pandemic, he said the ASEAN foreign ministers encouraged the effective operationalisation of the ASEAN Regional Reserve of Medical Supplies for Public Health Emergencies. He added that the ministers also stressed the need to strengthen supply … [Read more...] about Cambodia announces outcomes of AMM-55 and related meetings

Police in Ho Chi Minh City have launched an investigation into a suspected case of methanol poisoning that occurred at a local restaurant, affecting eight young people, of whom two died, officers said on Saturday. Among the eight victims, six are employees of Mr Bao Restaurant in Thu Duc City, including a woman, while the other two are outsiders, both female, local police said. These victims, aged 19 to 24, opened a party at the restaurant late on Wednesday evening, after the facility closed, N.D.B., the owner, reported on Saturday. They ate food bought from outside and drank a can of five liters of alcohol available at the restaurant during the feast which ended at 4:00 am the next morning. B. said his restaurant, which started operations on June 1, recently bought five 5-liter cans of bottled water from a supplier but one of them was later found containing alcohol. This can had been kept in the eatery’s storage until it was consumed at the party, B. said, adding that the … [Read more...] about Police probing suspected alcohol poisoning that killed two in Ho Chi Minh City

From five grams of toothpaste to 10 millilitres of cooking oil, many Nigerians struggling with soaring prices now buy their basic necessities in small quantities packed in tiny plastic bags to be consumed on the same day. Consumer brands behind this "sachetisation of the economy" see it as a creative innovation, allowing consumption for all Nigerians, the majority of whom live on less than $2 a day. But critics see the development as an economic and ecological aberration, even as Africa's largest economy struggles with the inflationary fallout from Russia's war in Ukraine. In the streets of Lagos, the vibrant economic capital of Africa's most populous country, small sachets are now part of the decor: they colour its streets, packing the wood and tin shops found on the corner of most streets. Sitting on a stool, Ibrahim Atahire has been running his small grocery store for 30 years in a busy area of Obalende, a popular district of the megalopolis. "At my place, you can buy … [Read more...] about From coffee to toothpaste, Nigerians buy small as hardships bite