Intel Capital, the investment arm of the world’s largest chipmaker, has announced it is pouring US$17 million into companies in Vietnam and Singapore, marking its first-ever investment in this country. The money will be split in undisclosed amounts between Vietnam Communications Corporation and Singapore’s Reebonz.com, Intel said during the World Economic Forum in Bangkok on May 31. The company called Southeast Asia one of the world’s fastest-growing markets for advanced technology, driven by robust economic growth and a rising middle class. “As a result, we’re seeing strong demand for e-commerce and cloud-based services across the region, and these investments will help to accelerate that trend,” said Gregory Bryant, vice president and general manager of Intel Asia-Pacific. Its Hanoi-based partner, an internet infrastructure and services company, declined to give a dollar figure for the investment. But, “It’s not a small sum,” the corporation’s deputy general director … [Read more...] about Intel Capital invests in Vietnam for first time
Moreno 550 capital federal
Sharing information on opportunities for Vietnamese workers to develop their careers in Germany
With the German labor market's scarcity of highly skilled workers, this is an opportunity for Vietnamese workers to develop their careers in Germany. In order to help young people best prepare to work in Germany, the Delegation of German Industry and Commerce in Vietnam (AHK Vietnam) and Saigontourist Hospitality College (STHC) organized the seminar "Working in Germany" on May 13. The seminar aims to provide information about opportunities, challenges, application process in Germany for foreign workers, the "ProRecognition" and "Hand in Hand for International Talents" projects. In the exciting atmosphere of the seminar, students and alumni learned from the experts of AHK Vietnam information about the German labor market, the requirements of German employers for foreign skilled workers as well as opportunities and challenges for Vietnamese workers. In addition, they also had the opportunity to listen to practical sharing from Khanh and Tien, two former students of … [Read more...] about Sharing information on opportunities for Vietnamese workers to develop their careers in Germany
Việt Nam, Singapore to expand cooperation in digital transformation, green economy: Legislative leaders
National Assembly Chairman Vương Đình Huệ and his Singaporean counterpart Tan Chuan-Jin held talks in Hà Nội on Wednesday. — VNA/VNS Photo Doãn Tấn HÀ NỘI — Speaker of Singaporean Parliament Tan Chuan-jin and Chairman of Vietnamese National Assembly have agreed that successful economic cooperation will elevate bilateral relations during the official talks on Wednesday in Hà Nội. The Singaporean parliament leader is in the capital for a three-day visit on the invitation of his Vietnamese counterpart. NA Chair Huệ said the ‘miraculous development’ of Singapore with the wise vision of the leadership and the aspirations of the people are always a source of inspiration to Vietnamese leadership and people. Amid complicated regional and global geopolitical, economic developments, the two countries should tighten relations, including between the legislations to contribute to the advancement of the Strategic Partnership. Speaker Chuan-jin said his visit to Việt Nam is a chance for … [Read more...] about Việt Nam, Singapore to expand cooperation in digital transformation, green economy: Legislative leaders
Myanmar’s women football team awarded 100,000 USD
At the Myanmar-Singapore match in women's football of SEA Games 31 (Photo: VNA) Hanoi (VNA) – Myanmar’s Union Minister for Sports and Youth Affairs U Min Thein Zan recently awarded 100,000 USD to female football ers of the country for qualifying for the semi-finals at the ongoing SEA Games 31 in Vietnam. He praised the brilliant performance of the team, affirming that the Myanmar State and people will look forward to honouring the nation pride through sports and success. On May 15, Myanmar beat Singapore 1-0 in the last match of Group B with the sole goal by Win Theingi Tun in the fourth minute of the second-half injury time. They earlier trounced Laos 3-0 on May 10. In the semi-finals, Myanmar will play the hosts Vietnam who topped Group A, while Thailand will face the Philippines. Both fixtures will take place at Cam Pha Stadium of Quang Ninh on May 18. SEA Games 31, themed “For a Stronger South East Asia”, is being held in the Hanoi capital and 11 … [Read more...] about Myanmar’s women football team awarded 100,000 USD
Vietnamese premier discusses innovation, startup cooperation with US businesses
Vietnamese Prime Minister Pham Minh Chinh attended a forum on innovation and startups with leading U.S. firms in San Francisco, California on Tuesday morning (local time) within the framework of his working visit. During the event, which was organized by the Asia Society Northern California, PM Chinh stated that Vietnam identifies science and technology, innovation, and entrepreneurship as important driving forces for development in the new era. Startup collaboration between Vietnamese and U.S. partners should focus on climate change response, digital transformation, technology transformation, and supply chain diversification, he continued. Attention should also be paid to the innovation and startup movement among young people. The premier went on to discuss with leaders of major U.S. businesses about opportunities for cooperation in innovation, science, and technology. The Vietnamese government is improving mechanisms and policies to welcome new startups, he stated, adding … [Read more...] about Vietnamese premier discusses innovation, startup cooperation with US businesses
IEEFA: Viet Nam’s manufacturing future rests on a credible renewable energy game plan
A wind power project in the northern province of Ninh Thuan. — Photo evn.com.vn The Vietnamese economy’s unparalleled exposure to multinational corporations and the global consumer market calls for a pragmatic alignment between the country’s renewable energy strategy and the decarbonisation commitments of the global brands, according to IEEFA’s latest report on Viet Nam. “Multinational corporations responsible for up to US$150 billion of Viet Nam’s export revenues have made specific pledges on carbon neutrality or decarbonisation of varying scope and timelines,” said Thu Vu, energy finance analyst leading the Vietnamese market coverage for IEEFA. “These brands’ journey toward sustainability progress is one in which Viet Nam can not afford to ignore or miss out on.” Viet Nam is currently the largest exporter of goods in developing Southeast Asia. With nearly 60 per cent of the exports being manufactured goods for the big brands, its growing role in the global supply chain … [Read more...] about IEEFA: Viet Nam’s manufacturing future rests on a credible renewable energy game plan