Việt Nam has become an ideal eco-system for both domestic and foreign start-ups, and the effects are showing, with start-ups mushrooming all over the place. Việt Nam News’s Thu Ngân spoke to fund managers and executives at successful start-ups and asked them about the phenomenon. Peter Ryder, CEO of Indochina Capital Việt Nam’s biggest advantage is its people. The Vietnamese are among the most entrepreneurial and ambitious people I have met, which paired with Việt Nam’s exceedingly young population creates the perfect storm for start-ups to thrive. With that said, Việt Nam’s start-ups suffer from the country’s bureaucratic issues, namely the lack of laws that govern newer forms of business. While not applicable to all start-ups, many struggle to take off because of these issues and it makes seeking investment extremely difficult for these start-ups. It seems that many are quickly sold to big corporations, most … [Read more...] about Việt Nam fosters a start-up ecosystem in the region: executives
Governance networks in the public sector
In the past calendar year, six tourists from the United States have died under similar circumstances in the Dominican Republic. The island’s reputation took another hit recently when former Major League Baseball All Star David Ortiz was shot at a nightclub in his hometown of Santo Domingo. Should this be a cause for concern? Here’s what we know so far. What Incidents Have Occurred—and When? Last year, according to The New York Times, two tourists died (in June and July): Yvette Monique Sport, 51, and David Harrison, 45, both of whom died of a heart attack. The former was staying at a Bahia Principe in Punta Cana; the latter was staying at the Hard Rock Hotel & Casino Punta Cana. This year, in April, Robert Wallace, 67, became sick at the Hard Rock Hotel & Casino Punta Cana and died. Miranda Schaup-Werner, 41, died at the Luxury Bahia Príncipe Bouganville, in May, … [Read more...] about Tourist Deaths in the Dominican Republic: A Cause for Concern?
For years now, the Vietnamese government has recognised the massive contributions that females provide in businesses of all sizes Vietnam has been described as a land of extraordinary economic opportunity for women, while at the same time tempered by social constraints. In so many ways, the country has succeeded in its quest to overcome a recent history of colonialism, war, and poverty. Opening its doors to market forces and outside investment in the 1980s, the country has since taken on the huge challenges of reworking its legal system, divesting the public sector of its vast control over commerce, training its workforce in previously unfamiliar areas, building new industries, engaging with trading partners, and generally transitioning from a poor, agriculture-based society to one that is a vibrant, diverse, and contributing member of the global economy. The cream of the crop Renowned names in Vietnamese business such as BRG chairwoman Nguyen Thi Nga, Vietjet CEO Nguyen Thi Phuong … [Read more...] about The iron women of the private sector
Indian election officials check polling material and Electronic Voting Machines at a distribution centre in Hyderabad on April 10, 2019.—AFP Photo Narendra Modi The Indian Prime Minister is up for re-election and as of now the frontrunner to retain power. But he is also arguably the most polarising – and powerful -- political leader in India since the Late Indira Gandhi. Having led the BJP to a massive 283 seats on its own (well over 300 with allies) in the 2014 elections – the first time a single party won a majority on its own in 30 years -- Modi, 68, has spent the past five years leaving his imprimatur on the Indian body politic. For his admirers and supporters, or bhakts (devotees) as they are known, he has been just what the doctor ordered. A muscular approach towards dealing with Islamist terror emanating from Pakistan, an integrationist approach towards the conflict-hit state of Jammu & Kashmir and providing a corruption-free administration … [Read more...] about India election: Major political personalities in the fray
Over 37.6 million shares to be offered on HNX in February In 2018, HNX held 40 auctions; including 10 initial public offerings (IPOs), 29 divestments and one purchasing rights auction. — Photo hanoimoi.com.vn The Ha Noi Stock Exchange (HNX) will hold eight auctions in February to sell over 37.6 million shares of companies this month. The companies include Thai Hoa Water Supply JSC, Dien Chau Water Supply JSC, Cua Lo Water Supply SJC, Quynh Luu Water Supply JSC, Ha Tinh Urban and Environment JSC, Ninh Binh Water Supply and Sewerage SJC, Lilama 69 - 3 JSC and Lilama 10 JSC. In January, Hai Duong Province People’s Committee divested from Hai Duong Cable Television Joint Stock Company on the HNX. Of the 692,000 shares on offer, 575,000 were purchased, equal to 83 per cent. As a result, VND7.1 billion (US$303,418) was collected and the share capital surplus reached VND1.4 billion. In 2018, the HNX held 40 auctions; including 10 initial public offerings (IPOs), 29 … [Read more...] about BUSINESS NEWS IN BRIEF 2/2