Vietnam entered SEA Games 31 as the defending champions, having won gold in the most two recent editions of the regional tournament in 2019 and 2017. In the first game, the team faced the Philippines, who have been on the rise recently thanks to their policy of importing players from countries like Germany and Japan. After Rivera Annis score d for the opponents in the 15th minute, Vietnam showed their great fighting spirit. Towards the end of the first half, Nguyen Thi Tuyet Dung (number 7) essayed a volley that equalized for the host s . In the second half, Tran Thi Thuy Trang (number 15) completed the comeback for Vietnam after a great build-up play with captain Huynh Nhu. Vietnam (R) play against Cambodia in the last group game to secure the top spot. Since Indonesia dropped out of women’s football, there were only three teams left in group A. … [Read more...] about Indomitable: Vietnamese women’s journey to SEA Games football gold
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General Atlantic plans $2 billion investment in India, Southeast Asia
Global private equity firm General Atlantic plans to plough $2 billion into India and Southeast Asia over the next two years after falling valuations made the region's startups more attractive, a senior executive told Reuters . General Atlantic is in early-stage investment talks with about 15 companies in sectors including technology, financial services, retail and consumer, Sandeep Naik, the head of its business in India and Southeast Asia, said in an interview. The market for startups, especially in India, is going through a rough patch. After raising a record $35 billion in 2021, founders are struggling to attract cash, sparking fears of lower valuations and forcing some to cut jobs. After investing just $190 million in Indian startups in 2021, its lowest ever annual figure, General Atlantic is now ready to loosen its purse strings, Naik said in an interview at the World Economic Forum in the Swiss ski resort of Davos. "The realism is setting in. We were waiting for the … [Read more...] about General Atlantic plans $2 billion investment in India, Southeast Asia
HCM City growth remains an X factor: foreign investors
Rising labour and production costs have prompted some relocation but HCM City remains an appealing investment destination given its market size and speedy recovery, experts say. HCM City Chairman Phan Văn Mãi (second from left) speaks with representatives of businesses on the sidelines of a conference between city leaders and foreign investors last Friday. Speaking at a meeting between city leaders and foreign investors late last week, Hirai Shinji, chief representative of the Japan External Trade Organisation (JETRO) in HCM City, said while more manufacturers were looking to relocate their production to other provinces because of rising labour costs and land rents in HCM City, the city remained a popular investment destination. A recent JETRO survey attributed it to the city’s great economic growth potential and market size, he said. HCM City has been praised for its achievements in speedy post-pandemic economic recovery, he added. Mary … [Read more...] about HCM City growth remains an X factor: foreign investors