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Mai Ho, 29, and Le Han Tue Lam, 26, were named in the financial and venture capital category. Chau Bui, 23, was listed in the arts category.

Mai joined Silicon Valley-based venture capital firm Hustle Fund last year. The firm seeks to invest in early-stage startups operating in software, business to business, fintech and digital health sectors. Over the past year, she led investments in Vietnam-based audiobook app Fonos and DatBike, the first Vietmanese-made electric motorbike company, Forbes said.

Outside Hustle, Mai manages her family office’s multimillion dollar portfolio of investments in healthcare and renewable energy.

Mai Ho is investor of Silicon Valley-based venture capital firm Hustle Fund. Photo courtesy of Hustle Fund.

She received a full scholarship from the University of Westminster College in the U.S. where she studied finance and accounting. After graduation, she worked with several investment funds in the U.S., including working as a stock market analyst at investment bank Goldman Sachs.

Lam joined Seoul-based investment firm Nextrans in 2019 as a general manager evaluating and investing in early stage startups in Southeast Asia and the U.S.

Le Han Tue Lam works as general manager of Seoul-based investment firm Nextrans. Photo courtesy of Tue Lam.

Earlier, she was one of earliest members of Vietnam-based enterprise software platform Base.vn, and worked as a universal banker for Citi in Hanoi.

Vietnamese model and fashionista Chau Bui has more than three million Instagram and roughly two million Facebook followers. Last year, she scored endorsements deals with world’s leading fashion brands Dior and Louis Vuitton.

Bui, whose full name is Bui Thai Bao Chau, was named the most stylish social media personality at the ELLE Style Awards 2019.

“Preparation for SEA Games 31 is still taking place normally. Of course, we hope the pandemic situation would improve, and for a policy that allows Vietnam to welcome vaccine passport holders,” Tran Duc Phan, deputy director of the Department of Physical Sports and Education, said Monday.

SEA Games 31 is scheduled to be held in Vietnam from Nov. 21 to Dec. 2 featuring 40 sports and 520 categories. The event will take place in Hanoi and 11 northern localities Quang Ninh, Bac Ninh, Hai Phong, Nam Dinh, Ha Nam, Ninh Binh, Hoa Binh, Hai Duong, Vinh Phuc, Bac Giang and Phu Tho.

Due to the Covid-19 pandemic, many preparations for the SEA Games 31 have been postponed.

“The biggest problem for organizers is time. We have very little time to prepare, so we need to work urgently to get things done on time,” Phan said.

A series of competition venues like My Dinh National Stadium, the Quang Ninh volleyball gymnasium, and the basketball arena in Hanoi’s Thanh Tri District are being renovated and repaired. In addition, the sub-committee of logistics has conducted surveys on hotels to prepare accommodation for thousands of athletes, referees and officials.

SEA Games 31 organizers expect the total budget for the event to be around VND1.7 trillion ($73.8 million). Hanoi and the host localities will also allocate funds from the local budget and other sources to upgrade, renovate and repair venues.

Organizers also expect to attract sponsors to gain funds for the event. On Monday, they signed a contract with a company to become the marketing and sponsor consultant for SEA Games 31 and Para Games 11.

Illustrative image – File photo

Accordingly, e-stamp means having signs recognizable to the naked eye and containing e-information and e-data activatable and searchable on e-portals of the General Department of Taxation and General Department of Customs.

Especially, tobacco and alcohol products must be labeled with e-stamps from July 1, 2022.

Each home-made or imported cigarette pack or liquor bottle must be affixed with an e-stamp.

For cigarette packs and liquor bottles covered with cellophane films, e-stamps would be affixed to products before the outer cellophane layers are sealed. E-stamps would be affixed in such a way that once the cigarette packs or liquor bottles are opened, they would be torn and could not be reused.

Cigarette and liquor producers and importers would be allowed to conduct the e-stamping of their products by themselves but be held responsible therefor.

According to Decree 67/2013/ND-CP, dated June 27, 2013 detailing some articles and implementation measures of the Law on Prevention of Tobacco Harm on tobacco business, all cigarette packs must have one stamp so that when it is opened, the stamp is torn. Similar rules are issued for alcohol products in the Decree 105 issued in 2017. Customers can easily search for product information such as the tax code, name of manufacturer, importer, date of import, type of product on the websites of the General Department of Customs.

For imported tobacco products, firms must stamp the products at their factories before releasing the products to the market. Importers of alcohol products must take responsibility for the stamping process and released products.

Vietnam’s beverage industry is strengthened rapidly, accompanied by a boost in economic growth, advantageous demographics, rising tourism and higher income middle-class. With the growth rate of 6% annually, the sector is one the driving industry of Vietnam’s economy, has the highest production value and the 2nd highest total revenue.

Vietnam is also one of the highest beverage consuming market. Compared to 2010, Vietnam’s alcohol consumption increased by nearly 95%, ranks first in the world, and doubles the second-ranking country- India, and 16 times more than the United States.

Vietnam is one of the most significant tobacco markets in the region, and has shown consistent growth in sales in recent history. Domestic production has been growing, but more stringent restrictions and anti-tobacco sentiment will inhibit the market in the future.

Statistics showed that 22.5% of Vietnamese adults (age 15+) currently smoke tobacco products (men 45.3%; women 1.1%). Overall consumption estimated to be 107 billion pieces in 2019.

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