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Thailand’s Kasikornbank partners with Vietnam incubator to support startup community

The Hanoitimes – Kasikornbank subsidiary KVision had earmarked US$245 million to invest in Thai and foreign startups, particularly those in Vietnam. Kasikornbank, Thailand’s second-largest lender, is partnering with state-run Vietnam’s Business Startup Support Center (BSSC) to help Thai and Vietnamese startups with their regional expansion plans, Nikkei Asian Review reported. Following a memorandum of understanding signed […]

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Foreign investors to reset Vietnam’s fintech market

The Hanoitimes – The number of fintech companies have increased rapidly in Vietnam in recent years as the industry has high growth potential while the government encourages cashless transactions. The competition in the Vietnamese fintech market is becoming tough, with forecast that only a few big players, with financial support from foreign investors to gain the […]

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Room for CLMVT trade growth: PM

THE CLMVT (Cambodia, Laos, Myanmar, Vietnam and Thailand) subregion is set for significant growth in internal cooperation and investment in the next decade, said Prime Minister Prayut Chan-o-cha along with trade officials from the five countries. To achieve that, the region’s private and public sectors must work together to enhance economic connectivity between the different […]

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Vietnam’s investment arm SCIC to sell state stakes in 108 firms

The Hanoitimes – Taking into account the potential sale of 108 SOEs in the list, SCIC’s revenue in 2019 could reach VND21.6 trillion (US$934.55 million). The Vietnamese government’s investment arm State Capital Investment Corporation (SCIC) has announced the list of 108 state-owned enterprises (SOEs) subject to divestment in 2019, Vietnam Finance reported. On the list are […]

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