Funds highlight conditions to invest in startup projects
Investment funds at a seminar in HCM City on Tuesday highlighted criteria they often consider when making decisions to invest in business startups, especially experiences of founders, organisational structures, and market segments for products. According to Than Trong Phuc, managing director of DFJ VinaCapital, funds also look at the workforce of such young enterprises and […]
Hanoi sees office rental price in Ba Dinh and Dong Da soar
In Q3/2014, Hanoi recorded a new Grade A office building being put into operation which is Lotte Centre, Hanoi in Ba Dinh district, providing over 36,000 square metre office area to the market. Overall, the average asking rents continued to fall slightly, reaching $21.7 per square metre per month. The average asking price for Grade […]
Foreign fast-food chains make limited use of local suppliers
Though foreign fast-food chains would like to use the services and goods of Vietnamese suppliers, they still must look abroad to buy food and equipment that meets their requirements. Nguyen Huy Thinh, managing director of McDonald’s Vietnam, said looking for domestic food supply sources that could satisfy the company’s requirements was “a major headache”. Since […]