funding

Update news funding

Vietnam startups receive US$750 million in funding in Jan – Oct

The growth in investment size in Vietnamese startups over the past few years makes the target of having tech unicorns right in Vietnam feasible, Chu Ngoc Anh, minister of Science and Technology stressed.

Germany pledges US$235 million in next two years for Vietnam's green growth

The funding will focus on energy, environment, and vocational training in the next two years.

Govt requests special status for Da Nang

The Government, speaking at a National Assembly (NA) Standing Committee meeting in Hanoi last week, proposed granting a special status for Danang City so that it can have more cash for development.

Funding to fight Zika virus faces uphill battle in U.S. Senate

 Funding to battle the Zika virus faces a struggle in the U.S. Senate this week, with Democrats scornful of a Republican proposal they say short-changes the challenge posed by the mosquito-borne virus as well as other health priorities.

U.S. reports 279 Zika cases in pregnant women, Obama pushes Congress on funds

Health officials said 279 pregnant women in the United States and U.S. territories have tested positive for Zika infection, prompting a new call from President Barack Obama for more funding to fight the outbreak spreading through the Americas.

Funding plan for Long Thanh airport doubted

VietNamNet Bridge – The National Assembly (NA) Economic Committee has voiced concerns over the viability of a fund raising plan for the big-ticket Long Thanh airport project

Vietnam urged to diversify funding options

 Official Development Assistance (ODA) has been a key source of funds, helping Vietnam make great socio-economic strides in its renewal process.

HCM City seeks additional funding for Nhieu Loc-Thi Nghe canal project

 VietNamNet Bridge – HCM City has asked the World Bank to continue lending US$450 million for the second phase of the HCM City environmental sanitation project (Nhieu Loc-Thi Nghe Basin), according to the city's Transport Department.

Ministry ramps up funding for drug prevention, rehab

 VietNamNet Bridge – More than VND586 billion (nearly US$28 million) will be spent on drug prevention and rehabilitation under a project recently approved by the Ministry of Labour, Invalids and Social Affairs.

Social Highlights for November 6

 Hanoi police confiscate smuggled animal organs; Man accused of stealing from poor; Operations of leather tannery suspended for environment pollution; Excessive pressure on children to study

BUSINESS IN BRIEF 22/10

 Vietnam encourages investment in deprived areas; Banking sector audit shows mixed results; Exports increase in three quarters; Thanh Hoa rolls out welcome mat for Nghi Son EZ

BUSINESS IN BRIEF 14/8

 Import costs hit textile firms; Ha Noi to lend $15m in bid to stabilise prices; State Bank funds asset management firm; Shortlist due for Binh Dinh's $27b oil project; Marubeni eyes on metro construction in Da Nang

BUSINESS IN BRIEF 15/7

 Diseases ravage shrimp farms in several provinces; US grants FDA certificate to Vinamilk; Sugar inventory running high as export deadline over; EZs, IPs database to be finalized

BUSINESS IN BRIEF 19/5

 Market for children’s goods, services exceeds US$5 bil./year; Vinacomin stands firm on bauxite projects; More staff recruited by realty brokerage firms; MVCorp cancels music download fee deal

BUSINESS IN BRIEF 18/5

 Mortgage loan for social housing touches 6%; VDB mobilises 4.45 trillion VND from guaranteed bonds; Ship yards go on with new orders; Hue plans to build VND 17 billion science-technology centre