Sendo’s strategy is rural-centric while Tiki targets the urban area. The combination is expected to help the two sides focus on the market more comprehensively, according to local insiders. The merger could also help them to raise more funds in the future. … [Read more...] about Will Vietnamese e-commerce platforms Tiki and Sendo soon merge?
Carlyle private equity fund
Hanoi (VNA) – The World Bank (WB) released a report on May 27, offering policy recommendations to help Vietnam maintain quality growth through more dynamic firms, more efficient infrastructure, skills, and a move toward a greener economy. The report, entitled “Vibrant Vietnam: Forging the Foundation of a High-Income Economy”, comes as the country’s Government is preparing its socio-economic development strategy for 2021-2030 and a socio-economic development plan for 2021-2025. It suggested that a productivity-driven development model – combining innovation with balanced development and allocation of private, public, human and natural capital – will be key for Vietnam to achieve its goal of becoming a high-income economy by 2045. Some of the forces that have propelled Vietnam’s growth are now slowing. The country’s demographic dividend is fading, and global trade is declining, while other challenges – such as pollution and the … [Read more...] about WB report provides policy advice for Vietnam to maintain quality growth
Amid the various growth scenarios published by research organisations, for the Vietnamese economy after Covid-19, the Prime Minister has set a growth target of 5% for 2020, with inflation kept below 4%, which is to be achieved by five key measures, namely attracting foreign investment, boosting exports, increasing public investment, attracting private investment and promoting domestic consumption, of which the first two are more dependent on external factors while Vietnam can retain control over the latter three. … [Read more...] about Vietnam needs to boost public spending for economic recovery
Last but not least, ASEAN leaders need to offer a co-ordinated and synchronised fiscal stimulation plan, substantially bigger than what the 10 countries have already announced in an uncoordinated way, making them less impactful. Stimulus measures can be an opportunity to invest in economic transformation and technological innovations that are necessary to deliver sustainable development. Both the short term and long-term stimulus measures should aim at achieving the multiple purposes of delivering economic prosperity, widening wellbeing, enhancing resilience, strengthening circular economy, and decarbonising growth. … [Read more...] about From containment to recovery: rescuing the ASEAN from crisis
About BEENEXTBEENEXT is a Venture Capital fund managed by serial entrepreneurs and focuses on assisting founders with its operational experience, network, trust, unique perspectives, and the capital. The team invests in early-stage tech start-ups that build the new digital platforms driven by the data network effects. BEENEXT aims to establish a platform of the founders, by the founders and for the founders across the globe, primarily in South East Asia, India and Japan. Since established in 2015, the team has invested in over 180 companies globally. For more information, please click: www.beenext.com … [Read more...] about AI and Data Platform, SENTIENT.IO closed Series A Round led by Japanese digital media enterprises