The telemarketing enterprise is among six Topica Founder Institute graduates that have received US$50,000 worth of funding each from the Singaporean investor Insignia Ventures. (Photo: VNA)
Hanoi (VNA) - ༺SixVietnamese start-up firms have raised at least 50,000 USD each from the Singaporean investor InsigniaVentures at the seed funding round.
This is the minimum funding guaranteed by the Singaporean firm for start-upbusinesses that graduate from the training programme of Topica FounderInstitute. TFI graduates receiving funding this time include on-demand telemarketingfirm TelePro, travel ticker booking firm Cheep Cheep and enterprise softwaredeveloper Clavis Aurea. The programme also marks the first of its kind between an investment fundand a Vietnamese start-up incubator, proving the quality of Vietnamese start-upcommunity has been growing. The maximum funding a TFI graduate may receive from Insignia Ventures is 500,000 USD. Funding will be automatically disbursed without evaluating the start-up’schance of success.-VNA
The regulation on the private placement shares of a start-up company is sparking opposing public opinions as it can pose potential risks and create overlaps with other laws.
The Vietnam Startup Day 2019 is underway in Ho Chi Minh City from August 23 – 24, attracting nearly 200 projects and hundreds of domestic and foreign investors from the US, Canada, Australia, the UK, Singapore, the Republic of Korea, Thailand, Malaysia and Nepal.
The Ho Chi Minh City Department of Science and Technology and Creative HQ, a startup incubator from New Zealand, have signed an agreement for partnership in startup and innovation.
Vietnam's start-up sector is closing the gap with regional leaders Indonesia and Singapore with new investment, according to a Nikkei Asian Review article.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
The telemarketing enterprise is among six Topica Founder Institute graduates that have received US$50,000 worth of funding each from the Singaporean investor Insignia Ventures. (Photo: VNA) 
