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Vietnam’s delivery e-commerce startup Loship raises funds from Skype co-founder

February 26, 2021 by www.vir.com.vn

Skype co-founder Jaan Tallinn is the latest big tech name to invest in Vietnamese startup Loship

Tallinn’s investment in Loship puts him on a list of global tech leaders betting on Vietnamese tech startups, which has shown resilience and growth even amidst COVID-19. Thus, Loship is poised to become a prominent tech figure for any seasoned investor looking at Vietnam, according to Loship CEO Trung Hoang Nguyen.

“MetaPlanet’s investment will help us build a much stronger image of Loship as a National Startup Hero. The competition will be much steeper in the long term, and we hope to pick up deep tech insights from Jaan Tallinn that can be applied to the Vietnam market,” he further opined.

The latest fundraising, which is part of the startup’s Series C round, comes just four months after its undisclosed bridge round led by Vulpes Investment Management. The new funding would fuel Loship’s path to becoming Vietnam’s leading one-hour-delivery e-commerce platform.

“We already have a winning playbook, and we look to expand it to more markets. Secondly, we know what we want to do with our product, and there are just 1 per cent of things that have been done. So, a huge portion of the funding will be poured into upgrading our app and increasing our tech capability. Also, we will ramp up marketing strategies to strengthen our foothold in the existing markets,” stated the CEO.

Founded in 2017, Loship traces its roots back to Lozi , a review app allowing users to find food, beverage, and coffee shops, before transitioning into a one-hour-delivery services platform. Loship had earlier closed its Series A and B rounds from several investors, including South Korea’s Smilegate Investment, Hana Financial Group, DTNI, Golden Gate Ventures, before announcing its Vulpes Investment Management-led bridge round in October 2020. The round was joined by DAAL Ventures and Wealth Well (Saudi Arabia-based VC Firms), Eucagi Ventures (Nigerian VC Firm), KI Group, and the vice president of Starbucks.

By Thanh Van

Aeon Vietnam support the consumption of Hai Duong agricultural products without profit

February 26, 2021 by ven.vn

On the first day, tons of agricultural products were available at General Merchandise Store & Supermarket (GMS) AEON – Long Bien, AEON – Ha Dong and AEON MaxValu Express Riverside Supermarket (Thanh Xuan, Hanoi), AEON MaxValu Express EcoPark Supermarket (Hung Yen).

These products including cabbage, kohlrabi, carrots, tomatoes, guava pears, … are packed in bags of 4-5 kg or more with the same price of 30,000 VND / bag. AEON Vietnam purchased products for “rescure” from VietGAP certified farming suppliers and cooperatives in order to bring safe and quality products to consumers from Hai Duong province.

Representative of AEON Vietnam, Ms. Tran Thu Quynh – Northern Merchandising General Manager, said: “Understanding the difficulties of farmers in Hai Duong, AEON Vietnam would like to join hands to support and promote the consumption of their agricultural products. We hope that Covid-19 situation will be more positive, and lives of the people here will become stable again.

In the complicated context of the Covid-19, AEON Vietnam keeps maintaining and strengthening prevention measures in accordance with government regulations at all of its business locations nationwide as well as during the transportation of agricultural products. It is AEON Vietnam’s effort in ensuring a safe and secure shopping environment for customers and joining hands with the community to prevent the epidemic.

In February 2020, AEON Vietnam also participated in the activity of “rescue” agricultural products for farmers in the Southern provinces. In only 05 days (1/2 – 5/2/2020), the company has supported to consume nearly 20 tons of dragon fruit and nearly 60 tons of watermelon.

Aiming to be a needed retailer, AEON Vietnam is constantly striving to meet the needs of customers, enrich their lifestyle and contribute to the socio-economic development of Vietnam.

HCM City suspends non-essential services

February 9, 2021 by vov.vn

Under the decision signed February 8, all beauty salons, karaoke palours, nightclubs, restaurants, bars, massage and sauna parlours will be temporarily closed until further notice. The city will suspend e-game stores, wedding centres, tea shops, theatres, sports centres, and billiards stores.

Furthermore, all religious rituals and activities involving 20 people or more at sacred sites and places of worship must also be halted.

Despite these closures, gas stations, pharmacies supermarkets and health clinics will be permitted to remain open, although they will have to comply with relevant measures as regulated by health authorities.

Law-breakers will be strictly fined, according to the authorities.

As of February 8, a total of 13 locations throughout seven districts, where COVID-19 patients have been detected, went into lockdown.

HCM City has emerged as a new coronavirus hotspot in Vietnam after 29 cases were detected on February 7-8.

The country’s largest city has recorded 31 cases since the virus recurred in late January 2021.

The latest coronavirus outbreak has spread to 12 cities and provinces with 470 cases confirmed, mostly in Hai Duong province.