When foreign visitors come to Vietnam they may travel to famous sites nationwide such as Cau Vang (Golden Bridge) in Da Nang or Fansipan Mt Cable Car Station in Sa Pa, or they may drop in a restaurant with an English menu, with all of these things having something in common.
Fintech startup Fundiin would use the money recently raised from the series A funding round co-led by Trihill Capital and ThinkZone Ventures to expand at a faster pace, invest in the development of new products, as well as attract top talents before expanding to Indonesia in the upcoming series B round.
Indochina Kajima, a joint venture between Indochina Capital and Kajima Corporation, has commenced contruction on an industrial property and a hotel in the northern port city of Hai Phong.
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.
Nomura Real Estate Development Co., Ltd. has agreed to participate in a condominium housing project within the Ecopark, a large-scale development project undertaken by local developer Ecopark Corporation in Hung Yen province.
The Grand Ho Tram to be rebranded as InterContinental Grand Ho Tram within a year, while the new build Holiday Inn Resort Ho Tram Beach to open in 2020.
The technology holding company is leading a group investment in local social e-commerce platform Ecomobi in a bid to help the startup reach further into the region.
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.
KiotViet, a store management software developed by local startup Citigo, has secured $6 million in series A financing from Singapore-based venture capital firm Jungle Ventures and Jakarta-headquartered airline and hotel booking services provider Traveloka.
The technology holding company of VinaCapital has announced that it has made an investment in logistics software startup An Vui, targeting at making Vietnam’s ground passenger transport system more efficient.
The facade of 25-storey hotel in the downtown area of Hanoi is being covered with gold-plated tiles, with construction expected to complete just in time for the Formula One race next year.
Venture capital is marching boldly into Vietnam’s startup scene with certain investment deals have just been inked and others are in the final stages of discussing and negotiating, hoping to ultimately seal within the course of 2019.
