‘Someone needs to help parents control their kids’ spending’

Louise, who previously worked in e-commerce, was confident that the idea would be a success. However, it took two years to raise the £700,000 required to launch the business, and plug into its banking partners – payments giant Visa, and bank IDT Finance.

VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 8

Amid the Covid-19 pandemic, the global investment flow is likely to contract by 40% in 2020, but in Vietnam, newly registered capital has risen 6.6% and the number of new FDI projects inched up over 22% during the pandemic, Do Nhat Hoang, head of the ministry’s Foreign Investment Agency (FIA), said while addressing a dialogue […]

Coronavirus: 300,000 redundancies planned in June and July

Boots, John Lewis, Marks & Spencer, Zizzi owner Azzurri, and furniture retailer DFS were among the household names to announce redundancy plans in July. A survey found that one in three firms expected to make some staff redundant between July and September.

VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 10

Furthermore, Adani’s renewable energy projects exceeded the total installed capacity of the US solar industry in 2019, whilst they will help reduce over 1.4 billion tonnes of CO2 emissions during the course of the average individual’s lifetime. Indeed, Adani is one of the most integrated solar power manufacturing enterprises globally, with operations in photovoltaic modules […]

VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 13

According to the General Department of Forestry, Vietnam still has many opportunities to expand export markets and increase export value for timber and wooden products. The world’s furniture and wooden product market is large with a value of about 430 billion USD, including 150 billion USD from furniture products. Meanwhile, Vietnam’s furniture products at present […]

New Stimulus Will Help Businesses, Not Individuals: White House Adviser

Kudlow did mention “things the president has talked about publicly” that Trump would like to see in a second stimulus package. Trump wants to hone in on helping small businesses and investment by creating a payroll tax holiday for the workforce and increasing capital gains tax relief, he said.

Reliance may use stake sales to help fund expansion plan

Over the past four years, Reliance Industries has been able to build a ‘digital layer’ on top of the existing ‘physical layer’ of retail shops across electronics, grocery and apparels, according to a research note by BofA Securities.

Reliance may use stake sales to help fund expansion plan

“This should help Reliance Industries improve its reach and business momentum. The new commerce model (in which Reliance is looking to tie up with kiranas) also would likely garner scale as tech adoption improves,” it said. In the last three years, RIL has made 30 acquisitions in the startup space. A majority of the acquisitions […]

National Data Portal helps create more open Government: official

The latest United Nations report on e-Government 2020 mentioned that the development of digital government “supports the Decade of Action [to achieve the Sustainable Development Goals] through its growing role in delivering sustainable, inclusive and equitable services to everyone, everywhere – leaving no one behind.”

‘People told me my plans for a skincare firm were crazy’

The products are made from herbs and other plants grown on the farm, and from other natural ingredients flown in from 70 countries around the world. The range is mostly bottled in glass, because it is easily recycled, while the labels and other packaging are made from recycled paper, and natural soya-based dyes.