A report released Monday places Vietnam in 44th position overall and first position among the lower-middle income economies. It retains its top position in the lower middle-income bracket from last year. With a score of 37, Vietnam is placed behind Thailand and ahead of Russia in the worldwide ranking and ahead of India in the lower middle-income bracket. The report mentions Vietnam as one of four economies (the others being Turkey, India and the Philippines) with the potential to change the global innovation landscape, systematically catching up with other economies like China. Vietnam in particular is among several developing economies that have held the record for over-performing on innovation relative to their level of development for the 11th year in the row, the report says. In Asia (excluding Western Asia), Vietnam is ranked 8th among 25 economies in the region, behind Thailand and ahead of India. The 2021 Global Innovation Index, issued by the World Intellectual … [Read more...] about Vietnam top innovator among lower middle-income economies: report
India vietnam business
After acquisition of Mobicast and Reddi, can Masan become the “Reliance Jio” of Vietnam? On September 21, The Sherpa, a subsidiary of Masan Group Corporation, announced an investment of $13 million to acquire a 70-per-cent stake in mobile virtual network operator (MVNO) Mobicast and officially expand to the telecommunications sector. This is Masan's first step into the digital services sector. Mobicast's services target tech-savvy customers with great demand for data usage and digital lifestyle. As a result, the startup can help Masan to complete its offline-to-online offerings of necessities and financial services. An MVNO offers a fast and cost-efficient system to build transmission and reception network infrastructure. Besides this, an MVNO is considered a catalyst for competition in the mobile telecommunications market. MVNO players will develop value-added services on mobile devices, helping to improve quality and diversify experiences. It is estimated that necessities … [Read more...] about After acquisition of Mobicast and Reddi, can Masan become the “Reliance Jio” of Vietnam?
VinFuture Science Dialogue PVI INSURANCE TAKES LEAD IN THE NON-LIFE INSURANCE MARKET 29 years of commitment “For a brighter life” DestinAsian has honoured Capella Hanoi belonging to Sun Group as the “Best New Hotel in the Asia – Pacific region" Using the Platform of CAEXPO and CABIS to jointly boost Economic Recovery through enhanced pandemic control cooperation The Sherpa - a subsidiary of Masan - has just announced its acquisition of 70% of Mobicast shares with a total cash consideration of VND295.5 billion. What advantages does this group offer to enter into telecommunications and digital services play which is dominated by a number of major telecom companies? Telecommunications and digital services - a piece to its “Point of Life” strategy The Sherpa - a subsidiary of Masan - has just announced its acquisition of 70% of Mobicast shares with a total cash consideration of VND295.5 billion. Operating under the brand Reddi, Mobicast is a … [Read more...] about Entering into telecommunications and digital services play, what competitive edge does Masan offer?