Vietnam
Vinfast delivers first batch of EV to customers in Vietnam
Vietnam automaker unit VinFast has released and distributed to customers its first batch of VF e34 electric vehicles (EV) at VinFast manufacturing complex in Hai Phong, Vietnam, making the country one of the world’s few countries to have mastered the technology behind clean-energy vehicle production.
VinFuture Prize: A gift of hope from Vietnam
VinFuture’s sole mission was simply put but stirred up bright hopes for people in a difficult time: “To create meaningful change in the everyday lives of millions of people by honoring transformational technological innovations.”
Vietnam’s e-wallet firm MoMo raises $200M, now a unicorn valued above $2B
The company will also expand and strengthen its services in tier 2 and tier 3 cities as well as rural areas.
Indian B2B ecommerce marketplace Jumbotail raises $85M Series C round led by Invus
Jumbotail has raised an $85 million Series C round led by Artal Asia Pte. Ltd. Jumbotail will use the funds to triple its engineering, product, design, data science, category management, marketing, and finance teams. It will also scale its core B2B marketplace to 100 cities and towns across India, expand its network of J24 stores, invest in large scale…
Vietnam’s Society Pass announces inclusion in Russell 2000 Index
Society Pass Incorporated (SoPa), the Vietnam-based data-driven loyalty platform, announced Tuesday that the company has been added to the Russell 2000 Index, effective at the open of U.S. markets on December 20, 2021 and according to the preliminary list of initial public offering (IPO) additions to the Russell indexes.
Vietnams’s Society Pass establishes regional headquarters in Singapore, poised to accelerate growth in Southeast Asia
Society Pass (SoPa), which is listed on Nasdaq, announced Thursday its ambition to accelerate its growth in Southeast Asia through the launch of its regional headquarters in Singapore.Located in Raffles Place in the heart of the Singapore central business district, the new office acts as the company’s designated Asia Pacific hub for regional business and…
Vietnam retail platform The Crown X raises $350M led by Temasek, TPG and ADIA
Vietnam conglomerate Masan Group Corporation announced Monday the signing of a $350 million primary investment in its retail unit The CrownX Corporation by a consortium of investors, including TPG, Platinum Orchid, a wholly owned subsidiary of Abu Dhabi Investment Authority (ADIA), and SeaTown Master Fund, managed by a wholly owned indirect subsidiary of…
Vietnam’s Vingroup starts construction on $173.7M EV battery manufacturing factory
Vingroup has started the construction of the $173.7 million electric vehicle (EV) battery manufacturing factory in Vietnam. The VinES Battery Manufacturing Factory which is located in the Vung Ang Economic Zone (Ha Tinh), is being developed on 8 hectares in its initial phase. The establishment of this factory represents an important milestone in its EV…
Vietnam blockchain-based gamehub Whydah raises $25 Million funding
Whydah has successfully raised $25 million from prestigious investors including Hashkey, Eternity Ventures, Bitscale, Youbi, Morningstar Ventures, Kardia Ventures, Formless Capital, Axia 8 Ventures, Polkastarter, Good Guild Game, and Mask Network. This move comes shortly after Whydah officially cooperated with the seven largest game studios in Vietnam,…
GIC-backed VNG to raise funds ahead of US listing – report
The company is said to be seeking to raise $200 million to $300 million from new and existing backers.
