Nguyen Thanh Phuong Appointed Chairwoman of Viet Capital BankFebruary 20, 2012 (Vietnamica) – Viet Capital Bank has appointed Ms. Nguyen Thanh Phuong as chairwoman. Phuong is also chairwoman of Viet Capital Asset Management, Viet Capital Securities, and Viet Capital Real Estate. Phuong possesses 43.2 percent of VCAM’s equity stake.
February 18, 2012 (Vietnamica) — Ex-Change is a Belgian not-for-profit organization created by a number of associations of SMEs from different economic sectors in Flanders/Belgium. Following 2011 fact finding mission to Vietnam, Ex-Change has started operations in Vietnam since 2012 and looks forward to receiving expert requests from local businesses.
February 16, 2012 (Vietnamica) — Owners of startup companies are surprisingly optimistic about 2012, according to the first Kauffman/LegalZoom Startup Confidence Index released recently by the Ewing Marion Kauffman Foundation and LegalZoom. More than one-fourth of the respondents said they plan to hire additional staff in 2012, and twice as many of them expect the economy to improve or stay the same (68 percent) as those who expect it to deteriorate (31 percent).
Examining Relationships between Culture, Creativity and Business Stage in an Emerging Market: A Categorical Data Analysis of Vietnam’s Data SetFebruary 14, 2012 (Vietnamica) — In this article, Vuong et al. offer a new way of exploring relationships between three different dimensions of a business operation, namely the stage of business development, the methods of creativity and the major cultural values. Although separately, each of these has gained enormous attention from the management research community, evidenced by a large volume of research studies, there have been not many studies that attempt to describe the logic that connect these three important aspects of a business; let alone empirical evidences that support any significant relationships among these variables.
February 14, 2012 (Vietnamica) — Number of people applying for unemployment benefits rose 138% to 9,000 in the first month of this year, including 1,900 applications received after the Lunar New Year holidays (Phapluat TpHCM, Feb. 11).
Vietnam’s M&A Industry in 2011February 11, 2012 (Vietnamica) — M&A transactions were accounted for US$2.67 billion in 2011, representing an increase of 50 percent from that of 2010 (Vietnam Business News, Feb. 11). The appearance of foreign investors has ensured the success of the deal while most sources of funds came from Japan. Most active industries were consumer goods, finance, and real estate. Foreigners were acquirers in 81.3 percent of M&A deals.
