Vietnam has a rather similar export manufacturing capacity with China and this is helping the nation take over some of China’s key export items to the US as the US-China trade war is escalating, according to Fiingroup.
The 176,000 tonnes of cashews that T&T Group has bought from Tanzania will bring a great deal of benefits to the local cashew market as well as enrich the global raw cashew supply.
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.
Tiki Investment, a subsidiary of Tiki, has bought over local ticketing startup Ticketbox, as part of an attempt to build an ‘all in one’ e-commerce ecosystem in Vietnam.
The new funds will be used by the hotel management and booking platform for new markets and hotel staff training, as well as building a second tech hub in Vietnam, its second after India.
On-demand multi-service platform GoViet has achieved 100 million rides over the course of one year, helping connect millions of local residents to 125 thousand driver-partners and 70,000 food merchants over all.
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.
Low-cost carrier Vietjet has made it to the list of Forbes’ 50 Best Listed Companies in Vietnam for the third time since its official listing on the southern bourse in February 2017.
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 London-based bank forecasts Vietnam to remain the fastest-growing ASEAN economy in the near term, with 2019 growth being projected at 6.9 per cent.
