28 Years of Vietnam-ASEAN Relations: A Look Back

The post 28 Years of Vietnam-ASEAN Relations: A Look Back appeared first on Vietexplorer.com.

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Impressive Vietnamese Start-ups Capture the Attention of Foreign Investors

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The final round of the “Inno Vietnam – Japan Fast Track Pitch 2023” took place on November 3 in Hanoi. Foreign Investors Impresses With Vietnamese Start-ups The “Challenge Owners” at the final round are six entities in the innovation and tech sector from both Japan and Vietnam, namely VinFast , FPT Information System, MoMo (Vietnam), Becamex Tokyu Group, Money Forward, and Fujikin Group (Japan). The competition is co-hosted by the Ministry of Investment and Planning of Vietnam and the Ministry of Economy, Trade and Industry of Japan (METI). It is a part of the “ASEAN-Japan Co-Creation Fast Track Initiative”, which was launched by METI and the Japan External Trade Organization (JETRO). The goal is to support the creation of open innovation through collaboration between startups and large companies from both ASEAN and Japan. The 12 finalists had the opportunity to pitch their solutions to “Challenge Owners”. To win, they must show that their solutions match the e...
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International Food Festival: A Feast for Gastronomy Lovers in Hanoi

The Van Phuc Diplomatic Compound at 298 Kim Ma street in Hanoi will host the annual event. Over 150 booths of embassies based in Vietnam, as well as foreign cultural centers and agencies of the Ministry of Foreign Affairs, will be featured. Visitors can expect traditional and international dishes, as well as souvenirs and crafts from Vietnam and various foreign countries. The event will also include art programs, fostering cultural exchanges and mutual understanding between nations while showcasing Vietnam to international friends. Additionally, there will be charitable events aimed at raising funds to support those in need, specifically poor individuals residing in mountainous and remote areas. The post International Food Festival: A Feast for Gastronomy Lovers in Hanoi appeared first on Vietexplorer.com .
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Vietnam – “Jewel” in FDI attraction

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Vietnam attracted a total of $27.72 billion in FDI as of December 20. Photo: VNA The country’s market overall attractiveness can be put down to the Government’s support for the startup ecosystem, which is anticipated to continue to move forward in 2023, VOV reported. Most notably, investment funds have committed to injecting capital into Vietnamese innovative startups , with this figure gradually increasing from US$425 million in 2019 to US$815 million in 2020. The committed capital in the 2020 – 2022 period reached nearly US$2 billion, whilst the growth momentum is expected to be maintained into 2023. Vinnie Lauria, founder and CEO of Golden Gate Ventures, noted Vietnam has become a bright spot for attracting investment thanks to the country’s political stability, young and highly-qualified workforce, developed infrastructure, digital skills, and innovation capability. The country has developed into an attractive destination for high-quality FDI inflows, with large in...
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