Nguyen Huu Thai Hoa, chair of the board of directors of IBosses Program in Vietnam, at the launch ceremony of the Vietnamese version of the book ‘IBosses – The Rise of Gen Y entrepreneurs’ commented that Vietnam is in ‘startup chaos’.
The list of state-owned economic groups and general corporations put under control of the State Capital Management Committee, called the ‘super committee’, shows that the government wants control in some key business fields – energy, natural resources, infrastructure and agricultural land.
The Memorandum of Understanding (MoU) plays an important role in the development of the co-operative movement in Vietnam and its effect is expected to spread to the development of Vietnamese agriculture and rural areas.
Shinhan Financial Group Co., a major South Korean banking group, said Tuesday that its credit card unit has agreed to pay US$150 million for a 100 percent stake in Prudential Vietnam Finance Co. in the latest move to secure new growth engines in Vietnam.
Casino establishments in Vietnam must soon equip their venues with features like a working camera system to aid the Ministry of Finance (MoF) in supervising the casinos’ operation, as part of the ministry’s plans to legalise casino activities for Vietnamese people.