Vietnam investment fund

Singapore (VNA) – Vietnam is the fastest-growing digital economy in the region, largely due to investment inflow which is still on an unprecedented rise, The Business Times has reported. “Over the last four years, approximately 1 billion USD in funding has poured into Vietnam's e-commerce sector, reaching a record high in 2019,” the Singapore-based news outlet said. The last two years has seen the emergence of Vietnamese e-commerce players, such as Tiki, Thegioididong and Sendo, which are among the most successful e-commerce platforms in the region, it said. According to the report "Vietnam's booming e-commerce market" released by ISEAS Yusof Ishak Institute last week, the greatest potential of Vietnam's e-commerce sector can be seen via its enormous expansion, which is predicted to reach 15 billion USD in terms of revenue in 2020. In revenue terms, Vietnam’s e-commerce surged 30 percent in 2018 to reach a new high of about 8 billion USD. User penetration … [Read more...] about Singaporean outlet names Vietnam fastest growing digital economy

The Hansae Yes24 Foundation was endowed in 2014 by Kim Dong Nyung, Chairman of the Board of Hansae Yes24 Holdings Corporation. The foundation aims to help extend the economic cooperation that the Republic of Korea has established with foreign countries to the spheres of culture and human ties.-VNA … [Read more...] about Korean fund presents books to children in Ho Chi Minh City

A souvenir presented to South African Deputy Foreign Minister Candith Mashego-Dlamini (R) The Deputy FM said that South Africa attaches importance to developing ties with Vietnam, and stands ready with Vietnam to effectively implement common perceptions of the countries’ senior leaders, while expanding and deepening cooperation in economy, trade, investment, tourism, science-technology, culture and education, and increasing people-to-people exchange. … [Read more...] about South Africa considers Vietnam one of leading partners in S.E. Asia

For years, Brusseau has actively and proactively mobilized resources from the U.S. Department of Defense, various foundations, and American veterans who had set foot in Vietnam in order to raise funds for the organization’s rehabilitation efforts in Vietnam. … [Read more...] about The woman who bridges Vietnam-U.S. friendship

At the World Economic Forum (WEF), Vietnam was considered as the economy with the best improvement in ranking in the Global Competitiveness Index. Vietnam’s Competitiveness 4.0 rose by 3.5 points from 58 points to 61.5 points, higher than the global average of 60.7 points and climbed by 10 notches from the 77th place to 67th place as eight out of 12 pillars increased and went up by several notches. According to the World Intellectual Property Organization’s ranking, Vietnam gained three notches in the Global Innovation Index (GII) with six out of seven pillars rallying. The WEF’s tourism competitiveness of Vietnam advanced four notches from the 67th place to the 63rd place with a slight increase of 0.12 points from 3.78 points to 3.9 points. The World Bank’s Ease of Doing Business Index also recorded an increase of 1.2 points from 68.6 points to 69.8 points with five out of ten indicators increasing. Many areas have undergone strong reforms, such as tax … [Read more...] about Vietnam’s business environment strongly improves