Vietnam
Norfund grants $30M convertible loan to Vietnam’s SeABank
Norfund, the Norwegian Investment Fund for Developing Countries, has decided to invest $30 million to Vietnam-based Southeast Asia Commercial Joint Stock Bank (SeABank) in form of a convertible loan.
HSBC provides social loan for Vietnamese biotechnology company Gene Solutions
HSBC has levelled up its strategic partnership with Gene Solutions, a biotechnology company based in Vietnam, through a social loan which allows the firm to continue expanding its healthcare services to Vietnam and ASEAN’s citizens.
Fintech entrepreneurs launch foreign exchange risk management firm Instantia with VNG backing
Industry veterans Richard Poulton and Danny Pezeshki have joined forces with Vietnamese tech titan VNG to launch foreign exchange (FX) risk management firm Instantia that based in Australia.
ADB, LPBank sign $80M loan package to expand access to finance for women-owned SMEs in Vietnam
The Asian Development Bank (ADB) and Lien Viet Post Joint Stock Commercial Bank (LPBank) have signed a financing package of up to $80 million to expand access to finance for a women-owned small and medium-sized enterprises (WSMEs) project in Vietnam.
PropertyGuru’s revenue up 12 pct year on year to $27.45M in first quarter
Singapore-based online property portal PropertyGuru said Tuesday that its total revenue increased 12 percent year over year to SGD 37 million ($27.45 million) in the first quarter.
VinFast’s tiny titan: A big bet on disruption
VinFast's VF 3 might be its smallest electric car yet, but it packs a giant punch. This mini-SUV has the potential to be a game-changer for the Vietnamese automaker. By disrupting the domestic market with its affordability and appeal, the VF 3 can become a significant force for VinFast's ongoing global expansion plans.
VinFast aims to expand authorized dealers to at least 120 by year-end
VinFast aims to become the leading car manufacturer in Vietnam, taking on established gasoline car brands. To achieve this, VinFast plans to further expand its national network of showrooms and authorized dealers to at least 120 by year-end.
Vietnam’s Prep raises $7M in Series A funding co-led by Cercano Management Asia and Northstar Ventures
Prep, a Vietnam-based language learning and test preparation platform, announced Friday that it has raised $7 million in Series A funding co-led by Cercano Management Asia and Northstar Ventures.
Touchstone Partners leads $720,000 seed investment round in Vietnam’s Happynest
Touchstone Partners is leading a $720,000 seed round in Happynest, a Vietnam-based home and living community and social-commerce platform for housing. This investment will help Happynest grow their community and expand their product offerings.
Igloo inks partnerships with Zalopay, Lotte Finance, OPES, FE Credit to expand insurance excess in Vietnam
Singapore-headquartered regional insurtech Igloo has partnered with Vietnam-based finance solutions Zalopay, Lotte Finance, FE Credit and digital insurer OPES to expand insurance coverage to broader underinsured communities in Vietnam.
