There are many reasons behind this situation, including easier access to investment, simpler investment procedures, and plenty of incentives for startups in Singapore. Notwithstanding, most startups opting to incorporate themselves outside Vietnam is losing the country sizeable sums of money in the future, and reflects the local investment climate has not been favourable for local startups. … [Read more...] about Making startups register business in Vietnam discussed at TECHFEST 2020
India 2020 abdul kalam
TranSwap Recognised as Outstanding SME Cross-Border FX Platform at Fintech Awards 2020
Launched in 2015 with the aim to empower global business growth and help the undeserved sector, TranSwap has transformed the cross-border payments process by simplifying overseas payments and collections. Through its wide network of FX partners and proprietary platform, businesses can fulfil payments to more than 180 countries in over 120 currencies. SMEs can choose to integrate with TranSwap's API for full automation of multiple transfers, allowing small transfers in large volumes to be credited directly to beneficiaries' wallets and bank accounts in real-time, thus improving processing speed and optimising settlements. In addition, TranSwap's Global Borderless Virtual Account service allows businesses to collect payments in three locations -- United States, European Union and United Kingdom -- convert currencies and send cross-border payments globally. … [Read more...] about TranSwap Recognised as Outstanding SME Cross-Border FX Platform at Fintech Awards 2020
Vietnam’s e-commerce market generates $11.8 billion in 2020
However, the purchasing power is still affected by the pandemic. The number of transactions has increased drastically compared to last year’s period. Nevertheless, revenue growth is on a down trend as consumers buy items with lower value. The pandemic also resulted in a massive drop in online flight and hotel bookings. … [Read more...] about Vietnam’s e-commerce market generates $11.8 billion in 2020
Allianz Risk Barometer 2021: Pandemic outbreak overtakes Business Interruption as top business risk in China
"The Allianz Risk Barometer 2021 is clearly dominated by the Covid-19 trio of risks. Business interruption, pandemic and cyber are strongly interlinked, demonstrating the growing vulnerabilities of our highly globalized and connected world," says Joachim Müller, CEO of AGCS. "The coronavirus pandemic is a reminder that risk management and business continuity management need to further evolve in order to help businesses prepare for, and survive, extreme events. While the pandemic continues to have a firm grip on countries around the world, we also have to ready ourselves for more frequent extreme scenarios, such as a global-scale cloud outage or cyber-attack, natural disasters driven by climate change or even another disease outbreak." … [Read more...] about Allianz Risk Barometer 2021: Pandemic outbreak overtakes Business Interruption as top business risk in China
Vietnam attends APF executive board’s annual meeting
Hanoi (VNA) – The Vietnamese sub-committee, as the Vice President of the Parliamentary Assembly of the Francophone (APF) for the 2019-2021 tenure, attended the APF executive board's annual meeting, which convened virtually on January 25. About 40 delegates, including three from Vietnam, joined the meeting, during which they heard a report by the APF Secretary General on the APF’s operation and response to COVID-19 and discussed orientations and action programmes for 2021 as well as multilateral inter-parliament cooperation projects. The board agreed to continue implementing the APF strategic framework for 2019-2022, focusing on four priority issues under the action program of the International Organisation of La Francophonie (OIF). The issues cover the fight against terrorism and extreme violence; inclusive development and growth; development of public policies on French language education and teaching in the multilingual Francophone community; and implementation of the … [Read more...] about Vietnam attends APF executive board’s annual meeting