A few weeks ago I wrote about Vietnam's Outward Investment Problem. This was in relation to Axies Infinity which is an increasingly successful NFT based online game that is owned and operated by Vietnamese founders through a Singapore holding company. The problem, as I stated, is that Vietnam has rules for its citizens to invest [...]
Again this week a Vietnamese e-commerce company is in the news for receiving multiple millions of dollars in funding from international Venture Capitalists. Fika, a dating app targeted at female users (see TechinAsia story here) was funded with one and a half million. The founders, while not Vietnamese, live and work in Vietnam and their [...]
Last week, here, I wrote about various strategies for restructuring debt. One of those--specifically for businesses--involved a court ordered restructuring as part of the bankruptcy procedures. This week I want to examine that process in more detail. Though instead of going through the entire process I'm going to highlight bits and pieces that are important [...]
I'm excited. As of a couple of hours ago, Vietnam has gone over 40 hours without a new case of Covid-19. That means it took only a month for the country to effectively control a second outbreak of the virus. Here's to hoping the trend continues. But with that in mind, there is a lot [...]