Lead india 2020

Under the regulation, businesses, including startups under the NIC will reap benefits and access the most favourable investment conditions like having to deal with fewer administrative procedures and having 100 per cent land leasing cost for 50 years in high-tech areas. Moreover, they will be able to enjoy a preferential tax rate of 10 per cent over the first 30 years, instead of the previous 20 per cent. … [Read more...] about Making startups register business in Vietnam discussed at TECHFEST 2020

Samsung Electronics’ factory in Thai Nguyen Province is the South Korean conglomerate’s largest mobile phones and phone parts manufacturing factory in the world, which contributes greatly to Vietnam’s exports of phones and phone parts – PHOTO: SAMSUNG HCMC - Vietnam’s exports of phones and phone parts were heavily impacted by the Covid-19 pandemic last year, falling 0.4% compared with 2019 to US$51.18 billion, according to the General Department of Vietnam Customs. … [Read more...] about Vietnam’s phone exports fall 0.4% in 2020

Held on 11 January 2021, FinTech Awards recognises firms for their business innovation and excellence in the financial services industry. TranSwap is one of three awardees in the FX and Payment Solutions category -- the second time that TranSwap had won an award for Outstanding SME Cross-Border FX Platform following its achievement in 2020. … [Read more...] about TranSwap Recognised as Outstanding SME Cross-Border FX Platform at Fintech Awards 2020

Recently, the draft decree amending Decree No.52/2013/ND-CP on e-commerce, which is being consulted by the Ministry of Industry and Trade, is believed to have a number of amendments to suit the new market trends. However, the draft decree still receives mixed responses. … [Read more...] about Vietnam’s e-commerce market generates $11.8 billion in 2020

The Covid-19 crisis continues to represent an immediate threat to both individual safety and businesses, reflecting why pandemic outbreak has rocketed 15 positions up to #2 in the global rankings at the expense of other risks. Prior to 2021, it had never finished higher than #16 in 10 years of the Allianz Risk Barometer, a clearly underestimated risk. However, in 2021, it's the number one risk in 16 countries and among the three biggest risks across all continents and in 35 out of the 38 countries which qualify for a top 10 risks analysis. Japan, South Korea and Ghana are the only exceptions. China is the only country in Asia Pacific where Pandemic outbreak is not a new risk as it was ranked #7 in 2020. … [Read more...] about Allianz Risk Barometer 2021: Pandemic outbreak overtakes Business Interruption as top business risk in China