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Coolmate CEO Pham Chi Nhu Before founding Coolmate, CEO Pham Chi Nhu held down many jobs from retailing cosmetics to selling online on e-commerce platforms. Nhu realized that customers look at not only the brand but also the price in comparison with quality, customer service and seller commitment. Coolmate was established with the goal of building a completely new shopping model, offering a shopping solution for male customers ensuring quality, goods prices, fast delivery and customer care. Nhu said that when it comes to stocking up on wardrobe essentials, such as shirts, pants, socks and underwear, male shoppers prefer to buy in bulk for the sake of convenience. Coolmate receives investment from STIC Investments Coolmate has also implemented corporate social responsibility by non-plastic packaging, cleaning returned products, and accompanying sponsors in environmental protection programs. Labeled “Proudly made in Vietnam”, Coolmate’s apparel is all … [Read more...] about Coolmate provides shopping solution for male customers

Before the morning trading session, investors received positive information from the meeting of the State Securities Commission of Vietnam (SSC) last week. Specifically, at a meeting with 23 securities companies and market members, the SSC asked the stock exchanges to disclose information about the proprietary trading of securities companies. Besides, the SSC also directed the Vietnam Securities Depository (VSD) to adjust the final settlement price of the VN30 index futures contract to be the average price of the last 30 minutes of the expiration date instead of the closing price of the ATC session to avoid the impact on the underlying market. At the same time, the SSC also directed to put forward measures to soon raise Vietnam's stock market from frontier to emerging market as soon as possible. The content of the meeting partly created optimism for investors when the number of selling orders at low prices dropped sharply while the demand was no longer hesitant to be pushed to … [Read more...] about Derivatives continue to distort stock market despite SSC’s intervention

Modern medical equipment in Vietnam National Cancer Hospital helps to improve disease treatment quality MoH informed that the demands on medical equipment of healthcare institutes in Vietnam lately have gone up significantly, while the investment from state budget, the Official Development Assistance (ODA) loan, the financial support, and the fund for operational development of each unit are all limited. Therefore, healthcare institutes have borrowed medical machines and devices from auction winners for medical supplies and chemicals to answer these needs. On April 12, 2018, the Health Ministry sent formal Dispatch No.2009/BYT-KHTC to Vietnam Social Security (VSS) regarding health insurance payment for technical services related to these borrowed machines. On October 2, 2018, the two units agreed on payment details for this form in Announcement No.1039/TB-BYT-BHXH. It clearly states that VSS continues to use health insurance to pay for technical services of patients using … [Read more...] about Health insurance payment for services using borrowed machines show inconsistency

Hanoi-headquartered Techcombank recorded another year of stellar financial performance and growth in 2021, while continuing to support its customers, employees and communities in Vietnam, especially those impacted by the Covid-19 pandemic. In 2021, the bank recorded VND37.1 trillion (over $1.6 billion) in its total operating income, up 35.4 percent year-on-year. The bank’s profit before tax (PBT) rose to VND23.2 trillion. The company has achieved double-digit PBT growth for five consecutive years, at a compound average growth rate (CAGR) of 50 percent between 2016 and 2021. The bank’s performance remained resilient despite Covid-19 casting its shadow on the local markets and causing disruption to businesses and people’s lives. Techcombank grew its total assets by 29.4 percent, to VND568.7 trillion, and delivered an "industry-leading" return on its assets of 3.7 percent, according to the bank. It has also been able to maintain an impressive current account and savings account … [Read more...] about Digital, data and human excellence key components in Techcombank’s transformational journey

Le Minh Sang, health specialist at World Bank Vietnam Healthcare public-private partnerships (PPPs) can be classified into five types (see Figure 1) depending on the roles and responsibilities that the private sector takes. Each type has certain advantages and disadvantages. A managed equipment service PPP enables major equipment suppliers to own and manage all equipment required for health facility operations. Under an operation and management services PPP, a private partner is contracted to operate and manage a hospital, health facility, or health network in exchange for a management fee. Specialised services PPPs involve a government contract with a private partner to deliver specific services (dialysis, radiotherapy, laboratory testing) at public healthcare facilities. In a health facility PPP, the government retains control of clinical services, but the private sector provides some combination of the detailed design, construction, and refurbishment of infrastructure. And … [Read more...] about Narrowing the gap for PPPs in health

Mark Ratcliff, sustainability specialist at Except Integrated Sustainability Whether we acknowledge it or not, sustainability is and always has been our most important goal. Collectively, we have gotten away with pushing it aside for too long. We can no longer ignore it, but realizing sustainability beyond a marketing slogan is easier said than done. Many countries are falling behind, and without a systemic shift to a more long-term mindset, Vietnam will also flounder and fail to achieve its bold National Green Growth Strategy for 2021-2030. Nevertheless, things are not as gloomy as they seem. Except Integrated Sustainability, a Dutch consultancy and design firm, has initiated ViCo, Vietnam’s first sustainability community for innovation. It aims to bolster worldwide partnerships, enhance learning, and help with new joint business models to support the shift to sustainability and attract more funding. Vietnam is perfectly positioned to prosper and, with the support of ViCo, … [Read more...] about Supporting Vietnam’s strive for sustainability