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The prime minister discusses cooperation with Citi Asia-Pacific CEO Also present at the meeting were Vietnam’s Minister of Planning and Investment, the Minister of Industry and Trade, the State Bank Governor, and Vietnam’s Ambassador to the US. Babej was joined by other leading US multinational CEOs including Visa Chairman Al Kelly and S&P president Doug Peterson. Payments, capital markets opportunities, and sustainability were areas covered during the meeting. Citi is partnering with many governments around the world to support them along with its own transition to net-zero. One very good example of that is the MoU launched between Citi and the Vietnam Ministry of Natural Resources and Environment on environmental, social, and governance financing last week. The agreement focused on some of the specific areas where Citi can assist the government in scaling the funding necessary to help meet its net-zero objectives. Specific areas include: - Carbon pricing … [Read more...] about Prime Minister discusses possibility of cooperation with Citi Asia-Pacific CEO

"The United States and Japan, together with 11 other nations will be launching" the Indo-Pacific Economic Framework for Prosperity, or IPEF, Biden said at a press conference alongside Japanese Prime Minister Fumio Kishida. "This framework is a commitment to working with our close friends and partners in the region on challenges that matter most to ensuring economic competitiveness in the 21st century," he said. Biden was due to make a formal rollout of the framework later Monday. He did not say what countries had already signed up to IPEF, which the White House is billing as a framework for what will ultimately become a tight-knit group of trading nations. Unlike traditional trade blocs, there is no plan for IPEF members to negotiate tariffs and ease market access -- a tool that has become increasingly unpalatable to U.S. voters fearful of undermining homegrown manufacturing. Instead, the program foresees integrating partners through agreed standards in four main areas: the … [Read more...] about Biden says 13 countries to join new Asia-Pacific trade framework

The Ho Chi Minh City skyline (Photo: VNA) Hanoi (VNA) - A Smart City Expo & Forum in Asia (Smart City Asia 2022) will be held at the Saigon Exhibition and Convention Centre in Ho Chi Minh City from May 26 to May 28. The annual event, to be co-organised by Exporum and the Vietnam Digital Communication Association, introduces the world’s leading technologies in the field of digital technology, smart cities and smart homes (AI, IOT, Blockchain, VR/AR, and 3D), reported the Voice of Vietnam (VOV). More than 120 domestic and foreign businesses are expected to display new products, technology services, as well as consulting services for the digital technology industry during the three-day expo & forum. Organisers will arrange seminars to share international experiences in developing smart cities in Singapore and the Republic of Korea. Experts will also discuss and make suggestions for smart city infrastructure development suitable for Vietnam. According to the … [Read more...] about HCM City to host Smart City Asia 2022

Standing Deputy Prime Minister Phạm Bình Minh. — VNA/VNS Photo HÀ NỘI — Standing Deputy Prime Minister Phạm Bình Minh will attend the 27th International Conference on the Future of Asia and pay a working visit to Japan from May 26-27, the Ministry of Foreign Affairs has announced. Minh's tour will be made at the invitation of Tsuyoshi Hasebe, President and Chief Executive Officer of Nikkei Inc. Initiated in 1995, the Conference on the Future of Asia (FOA) is one of the most prestigious annual forums in Asia, hosted by Nikkei Group of Japan, capturing the attention of many senior leaders, politicians, scholars, businesses from Asian countries, as well as representatives of major economic groups globally. Over the years, the FOA has become a forum to help provide open, multi-dimensional, diverse and integrated perspectives on many important issues in the region. This year's edition will feature notable leaders from Thailand, Singapore, Malaysia, Laos, Bangladesh, and … [Read more...] about Deputy PM Minh will attend 27th Conference on Future of Asia in Japan

Vietnamese business software-as-a-service (SaaS) startup True Platform announced on Monday that it had recently closed a US$3.5 million round of seed funding, one of the largest capital investment deals in Southeast Asia. The angel investors include January Capital, Alpha JWC Ventures, BEENEXT, FPT Corporation, and many others. The funding round was led by January Capital, a venture capital firm headquartered in Singapore with a portfolio of 40 startups, from pre-seed rounds to Series C, in the Asia Pacific region, True Platform said in a statement. According to statistics from investment site Crunchbase , the average value of about 260 most valuable investment deals announced in Southeast Asia is $1.6 million. Among those, there have been only 31 deals worth over $3.5 million, making True Platform one of the most successful fundraisers in the region. Investors in True Platform hold high expectations for founder Pham Kim Hung, who previously founded Base.vn in 2016, an … [Read more...] about Vietnamese tech startup raises one of SE Asia’s largest capital investments

Thaifex-Anuga Asia 2022 is taking place at IMPACT Muang Thong Thani, Bangkok from May 24 to 28 Thaifex-Anuga Asia 2022 has just announced the finalists and winners from the Taste Innovation Show Awards a few days ago. Out of over 1,300 local and international exhibitors, 581 companies submitted their most innovative product and a total of 57 exhibitors will be receiving their recognition at the Thaifex-Anuga Taste Innovation Showcase during the tradeshow. Of these, watermelon rice vermicelli by Duy Anh Food Import-Export Co., Ltd. is the only product from Vietnam to be honoured. It does not contain artificial colouring, food additives, preservatives or borax, and is certified by ISO22000 and the Food and Drug Administration. The food tradeshow judging panel assessed each product based on a clearly defined evaluation framework. Entries must be new to the market, fulfil a need for the industry or consumers, and be innovative in terms of taste, ingredients, packaging, or design. … [Read more...] about Thaifex-Anuga Asia 2022 recognise exhibitors for their F&B excellence