Vietnam

ASEAN exchanges commit to advance ASEAN as an attractive region

Six major ASEAN stock exchanges have committed to several initiatives to advance ASEAN as an attractive region.

VinFast breaks ground on new EV assembly plant in Indonesia

Vietnamese automaker VinFast Auto has officially broken ground on its new electric vehicle (EV) assembly plant in Subang, West Java, Indonesia.

VPBank and IFC collaborate to provide $150M funding to Vietnamese coffee enterprises

Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) and the International Finance Corporation (IFC) have recently collaborated to provide $150 million supply chain financing for coffee-exporting companies in Vietnam.

Leader Energy secures $23M loan from HSBC to support solar projects in Vietnam

HSBC Bank (Vietnam) Ltd. (HSBC Vietnam) and Malaysia-based Leader Energy Holding Berhad (Leader Energy), a wholly owned subsidiary of HNG Capital, have signed a VND 593 billion ($23.32 million) financing to support the development of Leader Energy's solar projects in Vietnam.

Vietnam’s Nami Distributed Energy receives $10M investment from Clime Capital

Clime Capital, the Singapore-based fund manager focused on accelerating the low carbon transition, has invested $10 million in Nami Distributed Energy (Nami), the Vietnam-based clean energy company driving innovative distributed energy solutions for commercial and industrial clients.

Vinfast invests $1.2B to build local assembly plant in Indonesia

Vietnam’s electric vehicle (EV) manufacturer VinFast has officially entered Indonesia earlier this year, setting up a new dealership in the Jakarta suburb of Depok and announcing it will soon invest $1.2 billion to build a local assembly plant with a capacity of 50,000 cars per year.

IFC provides $150M to Vietnam’s SeABank to issue blue bond and boost climate finance

To catalyze a viable blue finance market while fostering green bonds and supporting smaller businesses in Vietnam, International Finance Corporation (IFC) is providing a financing package of $150 million to Southeast Asia Commercial Joint Stock Bank (SeABank).

man in gray hoodie and black pants holding brown cardboard box

From science fiction to reality: How a Vietnamese AI platform powered by human ingenuity could save millions of lives

Farm2Vet, a science-informed #AI-powered platform co-created with Vietnamese communities, has won a £1 million global prize for its innovative approach to combating antimicrobial resistance (AMR), a silent pandemic threatening millions of lives. Proposed by researchers at VinUniversity, the University of Illinois, the Vietnam National University of…

Tracxn : Vietnam tech startups total fundings down 52.7 pct on year in first half

Total funding into Vietnam Tech startups dropped 52.7 percent to $46.5 million in the first half of 2024, compared with $98.5 million in the first half of 2023, Tracxn said Tuesday.

Charge+ partners Porsche to launch 1,700km electric vehicle charging network in Vietnam

Charge+, a Singapore-based electric vehicle (EV) charging solutions provider, has partnered German automobile manufacturer Porsche to launch a 1,700 kilometers (km) EV Charging Network in Vietnam that connects Vietnam’s two largest cities Hanoi and Ho Chi Minh City.