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The deal, finalized during the first quarter of 2020, is being made public after Vietcetera received its digital media license from the government, Bloomberg quoted its co-founder and CEO, Hao Tran, as saying. Vietcetera expects to complete its Series A funding of at least several million dollars in the first half of 2021, Tran said. Vietcetera is a digital media company targeting the nation’s growing middle class, based in HCMC. It provides Vietnamese and English content ranging from general business articles to lifestyle stories and podcasts. Tran said the funds will support expansion of its data science platform, accelerate product development and expand market share. Vietcetera’s website last year grew its readership by 700 percent, he added. Vietnam’s online media market is expected to reach $7 billion in 2025 from $3.3 billion in 2020, while its e-commerce market is projected to grow to $29 billion in 2025, according to a report by Google, Singaporean investment firm … [Read more...] about Japan’s venture capitalist invests $700,000 in Vietnamese media start-up

Nguyen Nhat Anh, Director of Nha Nam Culture and Communications JSC, is named a Knight of France on August 16 for his contributions to introducing French ideology in the Asian country. (Photo: vietnamplus.vn) Hanoi (VNA) – Nguyen Nhat Anh , Director of Nha Nam Culture and Communications JSC , one of the most popular publishing houses in Vietnam, was named a Knight of France on August 16 for his contributions to introducing French ideology in the Asian country. On behalf of the French Minister of Culture , Counsellor for Cooperation and Cultural Action at the Embassy of France in Vietnam Etienne Rolland-Piegue conferred the distinction of Chevalier dans l’Ordre des Arts et des Lettres (Knight of Order of Arts and Letters) to Anh at a ceremony in Hanoi on August 16. The French Counsellor congratulated Anh, who is also a freelance translator, for the award, saying he and Nha Nam have succeeded in making children’s literature important in Vietnam by publishing a … [Read more...] about Vietnamese publisher bestowed French knighthood

Danang calls for investment in 10 projects in next five years Tien Sa Port in Danang City. The city wants to call for investment in Lien Chieu Port and make the Tien Sa Port the cruise port Six of the projects have had their scales determined, with a combined investment capital of more than VND100 trillion, while the four remaining projects depend on proposals from investors. The project of building the city subway system will be the largest, with an amount up to VND54.5 trillion. The city wants to call for investment into this massive project under the Public - Private Partnership (PPP) mode. The system will follow two directions. One of them is on the East-West way, connecting the Nam O region in the Northwest, adjacent to Hai Van Pass, going through the downtown area to the An Hai Dong area (My Khe beach). Meanwhile, on the North-South way, the subway will start from the Son Tra Tinh Vien area (in Son Tra peninsula) to the vicinity of Danang airport. … [Read more...] about VIETNAM BUSINESS NEWS MARCH 6

Vietnam records six new COVID-19 infections on March 6 evening Vietnam logged six new COVID-19 cases on March 6 evening, all in northern Hai Duong province, the National Steering Committee for COVID-19 Prevention and Control reported. All the new patients had been previously quarantined and are being treated at a COVID-19 treatment hospital in Hai Duong province. By the evening of March 6, Vietnam had recorded a total of 2,507 COVID-19 patients, including 1,584 domestically-transmitted cases. Up to 891 domestic infections have been detected since the third wave of outbreaks hit the country on January 27. The Treatment Subcommittee said that 1,920 patients have recovered from the disease to date, while the number of deaths related to COVID-19 was still kept at 35. Among active patients undergoing treatment, 65 tested negative to the coronavirus SARS-CoV-2 once, 57 twice and 137 thrice. As many as 49,565 people who had close contact with COVID-19 patients or entered Vietnam … [Read more...] about VIETNAM NEWS HEADLINES MARCH 6

The Hanoitimes - The commercial flights must ensure safe measures to prevent Covid-19 transmission. On June 10, Prime Minister Nguyen Xuan Phuc asked the Ministries of Foreign Affairs, Health and Transport to consider resuming air travel services to select destinations which are safe from the Covid-19 pandemic. Passengers board a bus at a Vietnamese airport. Photo: Vietnam Airlines. The possible desinations could be China, Taiwan (China), South Korea, Japan and Laos which have basically pushed back the Covid-19 pandemic. The National Steering Committee for Covid-19 Prevention Control is tasked with listing safe travel zones which includes countries and territories having gone through 30 days without reporting infection, as well as instructing isolation for people upon entry. The government continues repatriating overseas Vietnamese who want to return home including businessmen, students, the elderly, people visiting relatives, and stranded tourists. … [Read more...] about Vietnam to resume commercial flights to countries safe from Covid-19