Vietnam

Vietnam’s GSM officially launches electric scooter ride-hailing services in Ho Chi Minh City

The Green SM Bike, GSM's electric scooter ride-hailing service, is officially launched in HCM City on last Friday. The firm aims to expand to another six provinces and cities and to increase the electric scooter fleet to up to 90,000 units in 2023.

Potential and challenges in the pursuit of the hydrogen economy

Amidst the rapid push to enhance hydrogen technology as a viable and sustainable energy alternative, the InnovaTalk webinar titled “A Green Future of the #Hydrogen Economy” united four distinguished experts. Their aim was to delve into the potentials and hurdles of this emerging technology, particularly in the context of #Vietnam, which has committed to…

Tracxn : SEA tech startups witness lowest quarterly funding in five years

Southeast Asia (SEA) funding has seen a big drop of 74 percent in quarter-on-quarter in the third quarter, making it the lowest funded quarter in the last five years, said Tracxn on Thursday. the SEA tech startup ecosystem raised a total of $835 million in the third quarter, a huge 74 percent drop from $3.2 billion raised in the second quarter of 2023 and a…

The innovative technology behind near-fireproof electric vehicle batteries

The advanced technology in #electricvehicle #batteries, particularly the advances achieved in making them fire-resistant, is a crucial aspect of this revolution. This innovation addresses one of the main issues with lithium-ion batteries, making #EVs safer as well as more environmentally beneficial.

Vietnamese Internet Platform VNG postpones US IPO – report

VNG has been exploring going public in the US since at least 2017.

Vinfast’s 2Q deliveries jump to 9,535 vehicles, more than 5x of 1Q23

Vietnam's electric vehicle maker Vinfast said on Monday it delivered 9,535 vehicles in the second quarter (2Q23), more than five times the number of deliveries in 1Q23.

Backed by three unicorns, Indonesia’s InsurTech firm PasarPolis gears up to disrupt insurance industry

In the interview, Van Zyl also shared PasarPolis’ short-term and long-term plans, the company’s strategy and the challenges it faced. He also shared his views on the overall insurance industry in Indonesia and Southeast Asia.

Vietnam’s MFast secures Series A funding led by Wavemaker Partners, sets sights on regional expansion

MFast, a financial services distribution network in Vietnam, has concluded its Series A funding round, led by Wavemaker Partners. The round also saw participation from new investors Finnoventure Fund I, managed by Krungsri Finnovate, and Headline Asia, along with existing investors Do Ventures, JAFCO Asia, and Ascend Vietnam Ventures.

Vietnam joins regional payment connectivity initiative

State Bank of Vietnam (SBV), the central bank of Vietnam, has officially joined the regional payment connectivity (RPC) initiative. The RPC initiative was established to strengthen and enhance collaboration on payment connectivity through the development for faster, cheaper, more transparent, and more inclusive cross-border payments.

Vietnamese internet firm VNG seeks $150 million in US listing – report

The news came after Vietnam-based electric car maker VinFast's recent sterling debut in the US. VinFast's shares have rocketed after its US debut earlier this month.