Global Business Services (GBS) LTD has been named the “Best Market Entry Consulting Firm Vietnam 2020″ by Vietnam Insider. This prestigious award was bestowed in acknowledgement of demonstrated expertise within the field, dedication to client service and commitment to excellence and innovation.

Entering a new market is a complicated process and requires a clear understanding of local culture, behavior, language, and foreign business regulations and practices, consulting firm can support its customers throughout all stages of the market entry process.

Market analysis, selection, and entry method can create a foundation for success before entering a foreign market.

“We provides Market Entry Advisory Services to companies that plan to grow, expand or relocate their business to new markets. These services range from assisting firms in market research, formulating modalities of market entry (Greenfield or M & A), through to the support in more efficient day-to-day operations on the new markets”. Sophie Dao, Partner of GBS told reporter.

Market entry services may include: Market Intelligence; Site Selection; Market Entry Strategy; Company Formation; Business Development, Competitor intelligence; Due diligence and Political and economic risk assessment.

The Vietnam Insider Awards presented by InsideOut recognize and honor the very best companies by industry across Vietnam. Highly regarded within Vietnam, the Awards identify and acknowledge outstanding workplaces & best performing companies as nominated and judged by the extensive viewership.

Vietnam Insider is a fast-growing media site with deep finance, enterprise, tech, travel, life and other industry verticals. In addition to providing and analyzing business news, the site aggregates news stories on various subjects from around the web. More information at: https://vietnaminsider.vn

GBS is one of the best business law firms in Vietnam with a network South East Asia, Middle East, Japan, HongKong, Malta and Poland. More information about the company can be found at: https://gbs.com.vn

Luang Prabang Film Festival (LPFF) – an annual celebration of Southeast Asian cinema – has announced that its 10th annual event will take place online from 4 to 10 December 2020.

As always, the festival will include a carefully curated selection of the best in contemporary ASEAN cinema, but this year’s program will also bring back feature selections from the event’s first ten years and highlight MEKONG 2030, the award-winning anthology film released by LPFF itself earlier this year.

Founded in 2009, LPFF has begun its second decade of supporting regional and local cinema through its annual festival and year-long funding and educational opportunities for filmmakers.

Once again, Director of Programming Bree Fitzgerald and LPFF’s Motion Picture Ambassadors (MPAs) have procured a line-up representative of nine Southeast Asian countries that will be available throughout the duration of the festival.

Consistent with past editions, all the films will be completely free, with streaming access expanded to viewers across the ten ASEAN countries: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

In-line with this dynamic year, LPFF will present its inaugural shorts program alongside its usual programming. “Many filmmakers start off in this (shorts) category,” says Fitzgerald. “As an organization that prioritizes supporting emerging talent, it makes sense that we would create a space for filmmakers producing at this length.”

LPFF will also include a special “From the Archives” program, which will highlight selected films from past festivals, revealing these special offerings over the course of the week.

After a year on the festival circuit, LPFF’s film anthology MEKONG 2030 will return home to Luang Prabang to partake in the six-day event. The anthology, which consists of five short films from the Mekong region countries, has already been selected to screen in over 20 film festivals across the world, and was most recently awarded Best Narrative Feature at the Dili International Film Festival.

LPFF has also released the visual identity for this year’s festival, which brings the iconic Luang Prabang outdoor theatre inside the viewer’s home. Executed by Lao artist Manilla Chounlamountri, the bright colored illustration exhibits a community coming together through film.

“We’re well-known for bringing audiences to a film festival in a town without a movie theater,” said Executive Director Sean Chadwell. “This year, we can’t bring the audiences, so we’re taking the festival to them.”

Source: Inside Out

A group of Taiwanese businessmen on Friday delivered food and water to areas of Vietnam that have been hard hit by recent floods, a member of the group told the Inside Out on Sunday.

Since the start of October, back-to-back tropical storms have brought heavy rain to central Vietnam, resulting in one of the worst floods the Southeast Asian country has seen in decades.

At least 119 people have been confirmed dead and tens of thousands have been displaced, according to local media reports.

With another tropical storm set to make landfall in Vietnam soon, the Ha Tinh branch of the Council of Taiwanese Chambers of Commerce in Vietnam decided to take advantage of the brief lull in rainfall over the past few days to deliver supplies, Yeh Fu-kuo (葉富國), the group’s vice president, told Inside Out on Sunday.

The group delivered rice, instant noodles and water to a mountainous region in the province of Ha Tinh using five cars and traveling over 130 kilometers to get to their destination, Yeh said.

Multiple sections of the road were blocked due to landslides, with local authorities only able to salvage one lane for aid workers to pass, Yeh said.

When they arrived, Yeh said the villagers told the group that they had not been able to venture out for 10 days and had been relying on outside aid for food and water.

Although many international NGOs have stepped in to help, the villagers worried that the distribution of resources would be uneven, Yeh said, so their group made a list of names to ensure that every household would get its fair share.

In addition to the supplies delivered to Ha Tinh, the group also delivered similar supplies to the province of Quang Binh, Yeh said.

As another storm approaches, Yeh said the priority at the moment needed to be on rebuilding roads. He said he planned to rally more Taiwanese businesspeople in Vietnam to help with the situation after he reports the damage his group witnessed to local authorities.

Taiwan has donated US$400,000 in disaster relief funds to Vietnam, while South Korea has donated US$300,000 and the United States US$100,000, according to media reports.

By Shine Chen and Chiang Yi-ching/ CNA/Editing by Inside Out

Global Business Services (GBS) LTD and Vietnam Insider join hands to present the “Inside Out” webinar series, shedding light on Vietnam’s situation during the COVID-19 period to support foreign investors dealing with a dynamic business, regulatory, legal and operational landscape.

The webinar will be moderated by Rahn Wood, the founder of “Inside Out” and Partner of GBS.

Rahn is an internationally experienced executive with over 30 years of achievements in Retail, Commercial & Digital Banking, Cards and Payments. He has performed executive roles at some of the most prestigious financial institutions including HSBC, Vietnam International Bank, Techcombank, Saudi British Bank, Macquarie Bank, MasterCard, ANZ Bank and most recently as CEO of Mai Linh, Vietnam’s largest taxi firm.

He is an engaging and bold leader with excellent analytic skills who is able to communicate between the boardroom and the showroom.

In the initial Inside Out webinar on 01 October, there will be presentations and Q&A from speakers as follows:

• Conditions in the Real Economy – Richard Burrage, Managing Director of Cimigo Vietnam
• Debtor Management in Covid-19 conditions: Oliver Schwartzhaupt, Chief Risk Officer, Vietnam Maritime Bank (MSB)
• Legal framework & process – Tran Minh Thu (Katleen), Principal Lawyer, Viclaw
• Moderator: Rahn Wood, Partner of GBS

The main focus of the webinar will be on the success of Vietnam in combatting the Covid-19 pandemic, the ongoing economic challenges, and Vietnam’s policies to recover and develop the economy.

The webinar aims to attract over 500 real-time viewers, who are individual investors, business owners and representatives from several investment funds, enterprises in different countries.

If you are a foreign investors, expatriate or business partner, who is hungry for insights about Vietnamese business conditions, this is where you can hear directly from leaders across sectors!

Register now!