Author: Duc Dao
Southeast Asia private equity market falls 10% to $14B amid exit constraints
Southeast Asia’s private equity market remained subdued in 2025, with total deal value declining about 10 percent year-on-year to $14.3 billion across 84 transactions, according to the "Southeast Asia Private Equity Report 2026" report conducted by Bain & Company.
Vietnam, South Korea launch cross-border QR payment service
Bank for Investment and Development of Vietnam (BIDV), Vietnam National Payment Corporation (NAPAS), and South Korea's KEB Hana Bank and GLN International, launched a cross-border QR code payment service connecting Vietnam and South Korea on Thursday.
Indonesia’s BNPL platform Kredivo now owns 99.99% of Vietnam’s digital bank Timo
Indonesia's buy now pay later (BNPL) firm Kredivo now holds a 99.99 percent stake at Timo Vietnam JSC, also known as Timo digital bank by BVBank in Vietnam.
Vietnam’s electric vehicle maker VinFast reports 4,893 overseas sales in Q1/2026
VinFast, the electric vehicle manufacturer under Vietnam's conglomerate VinFast, reached a global delivery of 58,577 electric vehicles (EVs) in the first quarter of 2026, up 61 percent year-on-year, according to its release on Wednesday.
Alibaba Cloud expands lead in Asia-Pacific IaaS market: Gartner Report
Alibaba Cloud, the cloud computing subsidiary of Chinese giant Alibaba Group, continued as the largest Infrastructure-as-a-Service (IaaS) provider by revenue in the Asia-Pacific region, increasing its market share to 22.5% in 2025 from 20.8% in 2024.
China’s Goertek invests $20M more in Vietnam factory for camera production
Vietnam-based Goertek Technology Vina Co., Ltd., a subsidiary of Chinese manufacturing giant Goertek, has invested VND527.1 billlion ($20 million) more in its factory in the northern province of Bac Ninh, according to its draft environmental impact assessment sent to the provincial authorities.
Vietnam’s VinDynamics, Germany’s Schaeffler to jointly advance humanoid robotics development
VinDynamics, a robotics company under Vietnam's conglomerate Vingroup, and Germany's motion technology firm Schaeffler will collaborate on research and development in humanoid robotics.
Alipay introduces AI payment service for autonomous agents
China's online and mobile payment platform Alipay has launched a new AI-powered payment service that allows autonomous AI agents to make purchases and complete transactions based on user instructions.
Foxconn to manufacture humanoid robots in Vietnam
Fushan Technology (Vietnam), a subsidiary of Foxconn (also known as Hon Hai Precision Industry), is seeking permission to manufacture humanoid robots in its factory in Vietnam's northern province of Bac Ninh.
