Women in Southeast Asia, such as the Philippines and Vietnam, have fared particularly well in making entrepreneurial progress, despite significant social-cultural and infrastructural barriers threatening to impede their growth. Lack of government SME support, poor access to entrepreneurial finances, and a severe lack of education opportunities remain the major constraints to advancing women’s entrepreneurship in Asia’s lower-middle-income economies. Encompassing 65 economies and 82.4% of the global female labor force, the fifth edition of Mastercard’s Index for Women Entrepreneurs (MIWE) examined women’s progress in the global entrepreneurship landscape over the last two years. The findings reveal that despite worldwide efforts to mitigate the pandemic’s effects, women have experienced considerable economic and social implications. As a result, the expected time to overcome the worldwide gender gap may be extended by another 36 years. Six economies from the Asia Pacific … [Read more...] about Women in Southeast Asia’s low-income economies emerge as the world’s most resilient entrepreneurs
Southeast asias startup scene
Amid growing challenges of global food security, Vietnam would further enhance the exports of food and agricultural products. Vietnam seeks to contribute to peace and stability in Asia and the world and remains steadfast in pursuing an independent foreign policy based on multilateralism and active integration into the global community. Deputy Prime Minister Pham Binh Minh at the event. Source: VNA “The Vietnamese Government considers the people at the center and engine for growth, and is committed to ensuring social justice and advancement, along with a healthy cultural and social environment.” Deputy Prime Minister Pham Binh Minh gave the remarks at the 27 th International Conference on the future of Asia held in Tokyo on May 26. This year’s event, themed “Redefining Asia’s role in a divided world,” focuses on discussing the regional and global situation, for which leaders from countries such as Japan, Vietnam, Laos, Thailand, Singapore, and Cambodia … [Read more...] about Vietnam seeks to contribute to peace and stability in Asia
Deputy Prime Minister Pham Binh Minh. (Photo: VNA) Tokyo (VNA) – Deputy Prime Minister Pham Binh Minh is set to deliver a speech at the 27th International Conference on the Future of Asia (FOA 2022) that opened in Tokyo on May 26. This year’s conference, held in both online and in-person forms, saw the attendance of leaders from Asian countries, including those from Southeast Asian nations such as Cambodian Prime Minister Samdech Techo Hun Sen, Lao President Laos Thongloun Sisoulith, Malaysian Prime Minister Ismail Sabri bin Yaakob, Prime Minister of Singapore Lee Hsien Loong and Thai Prime Minister Prayut Chan-ocha. During the two-day conference, the political and economic leaders and scholars listen to views of Asian leaders on regional and international issues. Besides, panel discussions feature topics such as change the world from Asia, developing Asian business through cultural exchange, Russia-Ukraine conflict, and Asian security. The Future of Asia is an … [Read more...] about Vietnam attends int’l conference on future of Asia
Deputy Prime Minister Phạm Bình Minh delivers a speech at the 27th International Conference on the Future of Asia in Tokyo on Thursday. — VNA/VNS Photo Đào Thanh Tùng TOKYO — Deputy Prime Minister Phạm Bình Minh proposed that Asia strengthen its responsibility in keeping and creating a peaceful and sustainable environment for development and prosperity in the region and the world. This should be based on cooperation, understanding, trust, and responsibility, he said, while delivering a speech at the 27th International Conference on the Future of Asia (FOA 2022) in Tokyo on Thursday. He said, entering the third decade of the 21st century, the Asian region is witnessing profound historical changes, with both opportunities and challenges that have long-term impacts on future generations. As the region and the world are focusing resources to handle urgent unprecedented issues, first and foremost, countries need to make responsible contributions, show mutual respect, and equally … [Read more...] about Việt Nam calls for Asia to create peaceful, sustainable environment for world prosperity
Kevin Coppel, Asia-Pacific managing director (left ) and Christine Li, Asia-Pacific head of research for Knight Frank in Singapore When the US-China trade tensions bubbled over in 2018, corporates found it increasingly difficult to carry out business in China due to sourcing uncertainties and rising costs. This trend only worsened in the face of the pandemic and resulting border closures. Businesses responded by pursuing opportunities to set up bases outside of China while still retaining a stake in one of the world’s strongest economies. The China+1 strategy thus emerged. It is based on diversifying its supply base into other countries in order to minimise the risk of disruptions arising from geopolitical tensions, trade wars and tariffs, as well as rising labour costs. These companies are not abandoning China but rather giving themselves options, enjoying the best of what China and other economies have to offer. In pursuit of the China+1 strategy, the spotlight is naturally … [Read more...] about Will Vietnam become a big geopolitical beneficiary?
Vietnamese Ambassador to South Africa Hoang Van Loi (R) at the seminar (Photo: VNA) Pretoria (VNA) - Vietnamese Ambassador to South Africa Hoang Van Loi has led a delegation of Vietnamese representative agencies in South Africa to attend a seminar on ASEAN investment held by the Department of International Relations and Cooperation (DIRCO) of South Africa and the Northern Cape provincial government in Kimberley city. This an initiative of the ASEAN Committee in Pretoria and is the first seminar on ASEAN investment organised in a South African locality. It also opened a series of events to explore opportunities for investment and trade cooperation between ASEAN member countries and South Africa in general and the Northern Cape province in particular. In his speech, Ambassador Loi briefed participants on Vietnam’s socio-economic development, major development orientations, as well as potential and opportunities to strengthen economic, trade, investment and tourism … [Read more...] about Vietnam eyes stronger trade, investment cooperation with South Africa