Sources of funding for startups

Vietnam logs no new COVID-19 infections on March 1 morning Vietnam documented zero COVID-19 infections in the past 12 hours as of 6:00 am on March 1, leaving the national tally unchanged at 2,448 patients, according to the National Steering Committee for COVID-19 Prevention and Control. Earlier, Vietnam reported 16 COVID-19 cases at 6pm on February 28, including 12 locally infected cases in the northern province of Hai Duong, the country's largest COVID-19 hotspot, and four imported cases in the southern provinces of Tay Ninh and Dong Thap. Of the total infections, there were 1,542 domestically-transmitted cases, including 849 recorded since the latest outbreak hit the northern province of Hai Duong on January 27. Ten cities and provinces nationwide have gone through 16 consecutive days without any locally-infected cases of COVID-19, including Hoa Binh, Dien Bien, Ha Giang, Binh Duong, Hung Yen, Bac Giang, Gia Lai, Bac Ninh, Quang Ninh, and Ho Chi Minh City. … [Read more...] about VIETNAM NEWS HEADLINES MARCH 1

Loship will use the investment to expand its delivery network, human resource, technology and market. — Photo tvphapluat.vn HÀ NỘI — Loship, Việt Nam’s fast-growing one-hour-delivery e-commerce startup, has announced its latest investment from Skype co-founder Jaan Tallinn. Tallinn participated in Loship’s Series C funding through his investment vehicle MetaPlanet Holdings. This capital injection marks Loship as the first portfolio company of MetaPlanet in Việt Nam and Southeast Asia. The investment comes four months after the startup secured capital in a bridge round led by Vulpes Investment Management. According to Loship CEO Nguyễn Hoàng Trung, the fresh capital will be spent on expanding the firm’s delivery network, human resource, technology and market. “A huge portion of the funding will be poured into upgrading our app and developing technologies in Loship,” Trung said, adding that they will also ramp up their marketing strategies to cement Loship’s presence … [Read more...] about Loship secures investment from Skype co-founder

The country’s pandemic hotspot Hai Duong in the north hosted eight of the total new cases, while the remaining five, all Vietnamese nationals, were imported and quarantined upon arrivals in the Mekong Delta province of Kien Giang. The eight infections in Hai Duong are F1 cases of confirmed COVID-19 patients. Six of them have been quarantined since January 28, and the rest since February 28. All are now under quarantine and treatment. Of the total cases to date, there were 1,550 domestically-transmitted cases, including 857 recorded since the latest outbreak hit Hai Duong and several other northern localities on January 27. A total 60,693 people who came in close contact with COVID-19 patients or arrived from pandemic-hit areas are under quarantine nationwide, including 560 at hospitals, 12,298 at other quarantine sites, and 47,835 at home. Among patients under treatment, 66 have tested negative for SARS-CoV-2 once, 37 twice, and 113 thrice. Vietnam has seen 1,892 recoveries … [Read more...] about New COVID-19 infections number 13, including 8 from Hai Duong

Chairman of Hanoi City’s People’s Committee Chu Ngoc Anh on March 01, 2021 promptly signed Decision No. 995/QD-UBND on granting the award. A letter from Hanoi Party Secretary Vuong Dinh Hue also acknowledged Nguyen Ngoc Manh’s brave act. On the evening of February 28, the unsupervised toddler named N.P.H climbed over the balcony of her family’s home on the 13th floor of Nguyen Huy Tuong Apartment Complex, Thanh Xuan district, Hanoi. She managed to grab the railings but let go just several seconds after. At the time, Nguyen Ngoc Manh, who was on a courier run in the complex, spotted the girl and quickly climbed onto the first floor’s roof to catch her. The girl was rushed to the hospital where X-ray results showed she had a dislocated hip joint and several broken bones, but no further trauma. Source: SGGP News … [Read more...] about Man saving toddler from falling death awarded merit certificate

Foreign tourists mainly were technical experts and skilled workers who are allowed to enter Vietnam to work, and truck drivers transporting goods through international border gates. In the first two months, the country welcomed 28,700 foreign visitors, a year-on-year decrease of 99.1 percent. According to the report, HCMC saw a decline of 14.1 percent, Ba Ria-Vung Tau Province and Da Nang City decreased 15.9 and 16.1 percent, Hanoi and Hai Duong slid 7.6 and 7.8 percent compared with last year. Tourism revenue fell 62.1 percent over the same period last year to VND2,500 billion (US$108.6 million). The most severe drops were seen in Hanoi at 47.7 percent, Da Nang by 67.7 percent, HCMC by 69.2 percent, Thua Thien-Hue Province by 73.3 percent and Hai Duong Province by 89.4. The tourism industry has proposed many preferential policies to support travel firms and laborers that have been severely affected by the Covid-19. However, there was not much support and many businesses … [Read more...] about Number of foreign visitors to Vietnam in February falls sharply