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Saigon Innovation Hub joins ASEAN startup programme

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.

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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.

National News Bureau Of Thailand

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Asean

Trade War Incentive Schemes flourishing in ASEAN

Countries such as Thailand, the Philippines, Malaysia, and Indonesia have unveiled an array of incentive packages to entice businesses affected by the US-China trade war.

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Governments across ASEAN have been unveiling an array of incentive packages to entice businesses affected by the US-China trade war.

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Corporate

Employers should hire new workers based on their potential

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A Thailand representative office is essentially a branch of a foreign corporation

58 percent of employers have hired employees based on their potential, and 94 percent of them said their potential-based hires had become a valuable part of their teams. 

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Asean

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.

Olivier Languepin

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Last year inflows to the ten-member Association of South East Asian Nations (ASEAN) were up 11.5%, from US$147 billion in 2017 to $155 billion in 2018, according to new UNCTAD research.

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