SVIV will be holding its inaugural trip to Vietnam from 22 – 27 September 2022, visiting Hanoi, Ho Chi Minh, and Da Nang. If you are a Singaporean resident in Vietnam and would like to attend some of our events, we’d love to meet you.
Vietnam is becoming a magnet in Southeast Asia for attracting investment in start-ups, driven by a convergence of a young consumer and workforce base with increasing demands for digital technology in the post-pandemic period.
On behalf of Sing-Viet Impact Ventures, our Executive Vice President Joe Tan met up with the Director of Quỹ Bảo trợ trẻ em Việt Nam (The National Fund For Vietnamese Children), Dr Tien, to personally handover the first carton of the 120,000 masks to be donated for Vietnamese children.
In light of the evolving global pandemic, we are pleased to announce that SVIV recently rallied Singapore SMEs to initiate a community-driven mask donation initiative to raise funds for the purchase of masks to be donated to Vietnam.
Vietnamese business-to-business startup KiotViet, a merchant platform for micro, small and medium enterprises (MSMEs), has raised $45 million in a Series B round from private equity company KKR with participation from existing investor Jungle Ventures.
Having impressed the world by taming the virus last year, Vietnam is now in the middle of its worst outbreak of Covid-19 by far. Parts of the country are in strict lockdown and a swathe of factories, from those making shoes for Nike to those producing smartphones for Samsung, have either slowed or shut down, disrupting global supply chains. Yet integration with global manufacturing has kept Vietnam’s economy humming during the pandemic.
The National Assembly of Vietnam, at its recent 10th meeting, has adopted the new Law on Environmental Protection (“New Law”) following the proposal of the Ministry of Natural Resources and Environment of Vietnam (MONRE). The New Law represents the most significant modernization of the environmental law regime of Vietnam since the first law on environmental protection in 1993.
Agriculture is an important economic sector in Vietnam. In 2020, agriculture, aquaculture, and forestry sectors contributed 14.9 percent to Vietnam’s GDP, which is lower than 41.6 percent of the service and 33.7 percent of the industry sector.