US Vemani Group buys 20% stake in Vietnamese fintech firm

US Vemani Group buys 20% stake in Vietnamese fintech firm

Vemanti Group, Inc., a technology-driven holding company, has entered into a definitive agreement to take 20% equity interest in eLoan JSC (eLoan), a Ho Chi Minh City-based fintech company. The deal’s value has yet to be disclosed.

Mumuso faces fine of VND100 million from MoIT

Mumuso faces fine of VND100 million from MoIT

Mumuso is facing a fine of VND100 million (US$4,440) by the Ministry of Industry and Trade (MoIT) due to the company’s unlawful practice of deliberately misleading consumers as to the origin of its goods or providing insufficient information.

FDI strategy to become proactive

FDI strategy to become proactive

Vietnam’s attraction of next generation of foreign direct investment in high value-added sectors should be proactively, rather than retroactively, sourced to sustain the nation’s socioeconomic development and competitiveness.

Vietnam expects robust job market growth

Vietnam expects robust job market growth

Hiring expansion remains robust this year in Vietnam, though not as high as 2017, speakers said at a press conference held in HCM City on July 20.

Experts: Vietnam must work hard to meet export targets

Experts: Vietnam must work hard to meet export targets

Vietnam’s exports of agricultural products are expected to face more challenges by the end of the year, so enterprises must follow market developments at home and abroad and improve the quality of their products, according to experts.

Binh Duong calls for investment in port, wharf construction

Binh Duong calls for investment in port, wharf construction

The southern province of Binh Duong has called for more investment for the construction of a provincial wharf which will help to facilitate operations in local industrial and processing zones, said Chairman of the provincial People’s Committee Tran Thanh Liem.

Experts seek ways to support innovative startups

Experts seek ways to support innovative startups

Around 150 delegates from State agencies, research institutes, and organisations supporting startups gathered at a conference in the Mekong Delta city of Can Tho on July 20 to share their experiences in boosting the success of startups.

Seminar talks sustainable avocado farming in Dak Nong

Seminar talks sustainable avocado farming in Dak Nong

The People’s Committee of the Central Highlands province of Dak Nong held a scientific seminar on sustainable avocado farming in Gia Nghia township on July 20, as part of the “Dak Nong: Ripe Avocado Season” programme.

Multiple factors support exchange rate stability: SSI

Multiple factors support exchange rate stability: SSI

The State Bank of Vietnam (SBV) may sell part of its foreign reserves to stabilise the monetary market if the exchange rate continues to climb, the Saigon Securities Incorporation (SSI) forecast.

Overseas Market Workshop to be held in Danang

Overseas Market Workshop to be held in Danang

In order to enhance the existing ties, the Singapore Business Federation in conjunction with the Danang Investment Promotion Agency and Pegasus Education Group will hold an Overseas Market Workshop – Infrastructure and Construction Sector in Danang on July 30, 2018.