Consensus include pressing plans to establish Thailand’s first collaborating consortium for net-zero innovation development. This seeks to pool know-how, technologies from international parties and is expected to roll on by the end of this year.
Financial service app MFast has raised $2.5 million in a funding round led by Ascend Vietnam Ventures with participation from Wavemaker Partners and existing investors Do Ventures & JAFCO Asia.
Having exceeded the $50 million target for its flagship early-stage venture capital fund AVV Alpha, Ascend Vietnam Ventures (AVV) led by Binh Tran and Eddie Thai is seeking the next wave of globally iconic startups emerging from Vietnam.
A consortium led by KKR that includes Temasek has completed the acquisition of an investment in Vinhomes Joint Stock Company, the leading integrated real estate developer in Vietnam.
As Vietnam has managed to contain the Covid-19, recovery of tourism market is back on its way and led and local demand.
The consortium led by the Singaporean sovereign wealth fund has collectively invested $500 million (VND11.6 trillion) for a minority stake in VCM Services and Trading Development JSC, a consumer retail arm of Vingroup.
The Vietnamese education startup has raised $4 million in Series B round of funding led by Hong Kong-based investment firm Hendale Capital, together with Viet Capital Ventures and Southeast Asian-focused investor Nullabor.
HSBC Vietnam customers will enjoy the green loan with special interest rates starting from 11.99 per cent a year when they borrow to install their rooftop solar energy system.
Multi-business giant Vingroup has announced the establishment of Research Institute for Artificial Intelligence, which will be led by a former Google specialist.
The IFC-led financing package, combined with advisory services, will boost lending to small and medium enterprises (SMEs), especially women-owned or led ones, and will promote supply chain finance in Vietnam.
A consortium of three South Korean investors including Shinhan Bank, CoreTrend Investment and ValueSystem will provide Hoang Huy $50 million to develop real estate projects in the northern port city of Haiphong.
The average offering price is estimated at $2.5 per share and the attainable capital will help Vietcombank maintain growth in next years.
Azerai, an emerging hospitality group led by hotelier Adrian Zecha, is planting another flag in the former imperial capital of Vietnam.
The future would be driven by the startups whose businesses are led by young people that is why Vietnam has so much potential in today revolution since Vietnam’s population is very young and most of them are high tech entrepreneurs, according to Datuk Yasmin Mahmood.
