The Saigon Innovation Hub (SIHUB) has been appointed by the government of Malaysia as the only representative of Vietnam to join the ASEAN startup programme.
The information was announced at the first Malaysia Tech Week 2019 which took place from June 17-21. At the event, Malaysia New Entrepreneur Foundation launched the initiative to build a Southeast Asian startup community under the name Rice Bowl Republic to compete with the four big startup hubs in the world: the US, China, India and Europe.
The ASEAN Rice Bowl Startup Awards was also launched at the event.
The awards, which covers 13 categories, is said to be a “door” to help startups, startup incubators and co-working space centers, and universities access investors and join the global playground with as much support as possible.
Participants of the event pledged to remove obstacles in innovation movements in Southeast Asian nations and support the development of startup ecosystems in separate countries.
Employers should hire new workers based on their potential
ASEAN bucks record 155 billion USD FDI in 2018
The flow of foreign direct investment (FDI) into the 10 ASEAN countries has gone up for the third consecutive year, breaking a record 155 billion USD set in 2018.
Thailand to renegotiate GSP with US delegation at ASEAN Summit
The United States recently announced the cancellation of Generalized System of Preferences benefits, which used to allow 573 items exported from Thailand to the US to be exempt of import duties.
Apart from resolutions to be made by ASEAN leaders at the ASEAN Summit in November, the Thai government will seek this opportunity to hold a talk with the U.S. regarding the decision to revoke the Generalized System of Preferences (GSP) treatment previously given to 573 Thai products.(more…)
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