Vietnam

Hong Kong-based Accelerated Infrastructure Capital to build $2.1B AI data center in Vietnam HCMC

Hong Kong-based Accelerated Infrastructure Capital (AIC) will jointly build a $2.1 billion AI data center in Ho Chi Minh City, Vietnam's biggest city, according to the municipal authorities.

UK-based asset manager Gresham House to acquire renewable developer Asia Clean Capital Vietnam

UK-headquartered Gresham House has signed an agreement to acquire Asia Clean Capital Vietnam Pte. Ltd. (ACCV), a Vietnamese commercial and industrial renewable energy developer.

Vietnam prioritizes UAV, 5G, Blockchain as key products for immediate development

Vietnam will prioritize immediate development and deployment of six products, including unmanned aerial vehicles (UAV), 5G network, and Blockchain-tracking application & digital assets, the Ministry of Science and Technology said at a Tuesday meeting on strategic technologies.

Vietnam’s top billionaire Pham Nhat Vuong & family establish $1.7B holding company GSM VN

The family of Pham Nhat Vuong, Vietnam's richest billionaire per Forbes estimation and chairman of conglomerate Vingroup, has founded GSM VN Holding with a charter capital of VND43,313 billion ($1.7 billion).

Taiwan’s Cooler Master plans $3B investment in Vietnam, with 40,000 workers

Taiwan's Cooler Master, a computer hardware manufacturer, has invested $200 million in Vietnam's Bac Ninh province and plans to increase the investment to $3 billion.

Vietnam’s electric motorbike startup Dat Bike secures $4M funding from local securities firm

Vietnam's electric motorbike startup Dat Bike has secured a $4 million investment from local securities firm Thien Viet Securities JSC, the former announced Monday.

Indosat takes Indonesia women-led AI startups to Vietnam for market expansion

Artificial intelligence (AI) innovations developed by Indonesian women-led startups, such as hospital automation tools and inclusive communication platforms, are approaching Vietnam through a regional expansion initiative led by Indonesia-based Indosat Ooredoo Hutchison under its women-focused innovation program SheHacks.

Vietnam to support up to $570K for “unprecedented” digitalization project

Vietnam’s Ministry of Science and Technology is considering financial support of up to VND15 billion (about $570,000) for each “unprecedented” digitalization project.

Foxconn pours additional $39M in Vietnam

Vietnam-based Fulian Precision Technology Component Company Limited, a subsidiary of Taiwan-based Foxconn, has increased its charter capital by about $39.4 million.

Korea’s POSCO Future M to invests $270M in battery materials plant in Vietnam

South Korea's POSCO Future M plans to invest KRW357 billion ($270 million) in building a new factory plant in Vietnam's Thai Nguyen province, to produce artificial graphite anode materials used in batteries.