Professional investors

Ascend Vietnam Ventures has exceeded its US$50 million target for its flagship early-stage venture capital fund, AVV Alpha. Ascend Vietnam Ventures (AVV), the fund led by Binh Tran and Eddie Thai, is seeking the next wave of globally iconic startups emerging from Vietnam. Eddie Thai is speaking at a growth event for founders. Photos: AVV The team has increased its investments in startups in Vietnam, seeding up to US$2 million into 25 startups next year and following on with checks of up to $5 million. With the new fund, AVV has been exploring a broad range of tech opportunities including those in financial inclusion, education, and future of work. AVV Alpha is backed by a mix of investors from Asia, Europe, and the US, including development finance institutions, funds, corporate VCs, and high-net-worth individuals from leading local and regional companies. It has picked ten startups in the past nine months, including Kilo (SaaS & wholesale … [Read more...] about Ascend Vietnam Ventures seeks building global startups in Vietnam

Talking to Prudential Chairwoman Shriti Vadera, the N.A. leader congratulated the firm on its successes in the world as well as in Vietnam, expressing his hope that it will continue operating successfully in the country and fulfill its social responsibility. He affirmed that the Vietnamese Government and N.A. are ready to consider and deal with the problems facing businesses, including those from the U.K., when operating in Vietnam. Vadera said Prudential is delighted to be part of the country’s development, and it can help with this process by issuing long-term bonds. The insurer pledges to cooperate with the Vietnamese Government in green investment, insurance technology, and development of Ho Chi Minh City into an international financial center, she noted, affirming that it will concurrently develop its business and fulfill social responsibility. At the meeting with Chairman of Standard Chartered Jose Vinals, Hue thanked the enterprise for helping the Vietnamese Ministry of … [Read more...] about N.A. Chairman receives leaders of British enterprises in London

Vice President Vo Thi Anh Xuan (left) meets President of the Philippines Ferdinand Romualdez Marcos Jr on July 1  . (Photo: VNA) Hanoi (VNA) – Vietnamese Vice President Vo Thi Anh Xuan on July 1 had a meeting with President of the Philippines Ferdinand Romualdez Marcos Jr as part of her visit to the country to attend the latter's swearing-in ceremony. Vice President Xuan conveyed congratulations from President Nguyen Xuan Phuc and Vietnamese leaders to the Philippine President. The Vice President expressed her belief that with his rich experience and determination to bring practical benefits to the people during his presidency, President Marcos will lead the Philippines to develop prosperously and affirm the country’s important role and position in the region and in the world. She also conveyed a letter from President Nguyen Xuan Phuc inviting President Marcos and his wife to visit Vietnam soon. The Philippine President thanked Vice President Xuan and the Vietnamese … [Read more...] about Vietnamese Vice President meets with foreign leaders in Philippines