Vietnam

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Women-led businesses on the rise in Vietnam

Vietnam, an emerging market in Southeast Asia is making progress in addressing the issue of gender equality. An International Finance Corporation (IFC) 2017 report on ‘Women-owned enterprises in Vietnam: Perceptions and Potential,’ showed that 57 percent of women-owned businesses in Vietnam are microenterprises, 42 percent are small-medium enterprises (SMEs) and one percent are large enterprises. Vietnam’s central government is targeting to have one million enterprises by 2020, of which more than a third will be owned by women.

Vietnam tech company NextTech pledges US$10M fund for early-stage startups

NextTech announces a total of US$10 million injected into Next100, a fund dedicated for backing early-stage startups. The main purpose that the fund aims is to provide coaching for startup founders so they can raise larger rounds of capital from other local and international investors as part of scale-up plans.
News via e27: Asia tech news.

Vietnam Ranks 1st in Asia, 6th of 53 in Female Business Ownership

According to a recent Mastercard study titled the Mastercard Index of Women Entrepreneurs 2018, 31.3% of businesses in Vietnam are owned by women. The figure places the nation sixth out of 53 surveyed economies, ahead most of Europe, the US, China and all other Asian nations (if we consider Russia part of Europe). Ghana tops the list worldwide at 46.4% while Saudi Arabia comes last at 1.4%.
 
The report also places the country 18th in an index that measures women’s advancement outcomes, knowledge assets, financial access and supporting entrepreneurial conditions.

FCI 51st Annual Meeting

This annual meeting will gauge the direction of the industry and discuss and debate the most important developments, such as: 
• the rise of fintechs/blockchain technology and their possible benefits and potential threats to the Receivables Finance industry;
• the impact of Basel regulatory capital requirements and the use of credit insurance as a risk mitigation tool and their combined effect on capital adequacy; 
• the benefits of establishing a Supply Chain Finance (SCF) platform inside a bank/receivables finance operation; 

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