A marketplace of 200 countries and territories, and over 100 million members are the impressive numbers belonging to Alibaba.com - the world’s largest business-to-business e-commerce platform - with which Singapore’s Innovative Hub Pte., Ltd. has signed a memorandum of understanding (MoU) to expand operations in Vietnam. With the MoU, Innovative Hub, which focuses on e-commerce advisory services, can now penetrate the Vietnamese market, laying the path for the company to achieve its ambitious goal of being one of the most active and influential service providers in Southeast Asia. It plans to provide digital solutions for small- and medium-size enterprises (SMEs) in Vietnam, and wish to co-operate with manufacturers and wholesalers, associations and federations, retailers, exporters, and e-commerce and digital solution providers. This is one of 26 companies partaking in a Singaporean business mission to Vietnam last month to seek business and investment … [Read more...] about Promising signs ahead for Singapore led FDI
Intelligent led solutions
BUSINESS NEWS IN BRIEF 6/9
SSI upgrades stock board and order services for Web Trading SSI Web Trading, an online trading service from Saigon Securities, has upgraded its online stock board and updated two more conditional orders for derivative trading. The two new orders, namely OCO and Bull & Bear, are the two most useful orders in derivative trading. With this upgrade, all market data displayed on the board and order screen will be updated consecutively and immediately, helping investors track stock prices and follow transactions quickly and accurately. In June, SSI also upgraded its Web Trading by adding four more types of conditional orders. The continuous upgrades to the platform demonstrates SSI’s efforts in providing diversified, efficient trading tools for profit maximisation and risk prevention for clients when practicing derivative trading. With two new conditional orders, OCO and Bull & Bear, SSI has six types of conditional orders, including Up, Down, Trance Up, … [Read more...] about BUSINESS NEWS IN BRIEF 6/9
BUSINESS NEWS IN BRIEF 3/9
Quang Ninh aims to become leading service centreThe northern coastal province of Quang Ninh has outlined comprehensive measures to attract key projects in trade, aiming to become a leading service centre in the country.Two years ago, local authorities granted approval for a master plan to develop the trade sector by 2025 with a vision towards 2030. The province aimed to increase added value by an average of 12.5 - 13.5 percent during 2016 – 2020, 14.5 - 15.5 percent during 2021 – 2025, and 10 - 11 percent during 2026 – 2030.As part of efforts to lure trade projects, the province has worked to improve transport infrastructure, including projects upgrading the Uong Bi - Ha Long segment in National Road 18, Quang Ninh airport, and Ha Long - Hai Phong expressway. Due attention has been paid to transportation in border areas, facilitating and promoting trade with China via Bac Luan border gate.Besides encouraging local investors to remove bottlenecks and accelerate … [Read more...] about BUSINESS NEWS IN BRIEF 3/9
Government News 30/8
GMS countries implement ASEAN Agreement on Transboundary Haze Pollution At the meeting The seventh ministerial meeting to coordinate the Greater Mekong Subregion (GMS) countries joining the ASEAN Agreement on Transboundary Haze Pollution took place in the central coastal city of Da Nang on August 29. Attending the event were ministerial leaders from four GMS countries – namely Cambodia, Laos, Thailand, and Vietnam. The annual meeting is part of the regional cooperation mechanism to discuss strategies and directions for the effective implementation of the agreement and strengthen cooperation between ASEAN member states. Participating countries used the occasion to share experience and knowledge on haze pollution prevention as well as to consider the approval of a report submitted at the 13th meeting of the GMS technical working group on the implementation of the agreement. Delegates discussed solutions and made important decisions related to forest fire management and haze … [Read more...] about Government News 30/8
Vietnamese expats bring Industry 4.0 talent home
Vietnamese expats bring Industry 4.0 talent home In order for them to contribute to Vietnam’s development and help it meet the challenges of Industry 4.0, the Vietnamese government has called on 100 young, talented Vietnamese people working overseas in the science and technology fields to come home and apply their skills and experience in the homeland. Tran Thi Nhu Hoa, deputy head of the Vietnamese Student Association in South Korea and one of the 100 people selected in the Vietnam Innovation Network Programme led by the Ministry of Planning and Investment, used just one word, “love”, to describe the feeling that overcame her as she was given this opportunity. Hoa proudly told VIR, “I am sure that I will return home to work for a university in Ho Chi Minh City. I will bring South Korea’s highest technology and transfer it to Vietnam.” The programme aims to gather and mobilise the best human resources from overseas Vietnamese experts and connect … [Read more...] about Vietnamese expats bring Industry 4.0 talent home