Vietnam

Vietnam’s steel producer VinMetal, Italy’s Danieli to jointly make railway steel

VinMetal, the steel producer under Vietnamese conglomerate Vingroup, has signed a contract with Italy's Danieli & C. Officine Meccaniche S.p.A. to supply core equipment for a rail and section steel line.

SCEX becomes 2nd crypto exchange candidate in Vietnam to reach VND10T requirement

Sacom Crypto Asset Exchange Joint Stock Company (SCEX) has become the second of five crypto-asset trading platform candidates in Vietnam to reach the requirement of charter capital at VND10,000 billion ($380 million).

Drylab raises $3M seed round to build AI research agents

Drylab AI, an autonomous agent platform for life sciences research, has raised $3 million in a seed round led by Vertex Ventures Southeast Asia & India, with participation from PatSnap.

Vietnam should review foreign-ownership caps, citing Western firms’ past regrets over JV

Many Western companies have significant regret about "entering a certain other very large country" through joint ventures and Vietnam should revise its foreign ownership limit.

Vietnam’s FPT, France’s Pasqal should turn quantum talks into commitments

Vietnamese Deputy Prime Minister Ho Quoc Dung urged French quantum computing company Pasqal and Vietnam's tech giant FPT to turn their cooperation ideas into concrete programs.

Green SM launches Vietnamese EV taxi service in Los Angeles

Green SM, a Vietnamese ride-hailing company utilizing only electric vehicles (EV) of VinFast brand, has launched its taxi service in Los Angeles, its first entry into North America and its ninth global market.

Vietnam urges swift US trade deal, final text already sent to Washington

Vietnam and the United States have agreed on the content of a reciprocal trade agreement, and Vietnam has sent the final text to the United States, said Vietnamese Deputy Prime Minister Pham Gia Tuc.

Vietnam’s EV maker VinFast opens early bookings for the all-new VF 8 in the Philippines

The VinFast VF 8 is now available for pre-order in the Philippines, further expanding the brand's product lineup and offering customers more choice, the company said in a statement on Tuesday.

“Cheap money era” is over, Vietnam startups must go back to basics, says BeginGuru CEO

Hai Nguyen, founder and CEO of startup coaching BeginGuru, stressed the gap comes down to one thing: investors still see no credible path to exit, so capital waits. The cheap-money era is over, and startups must live on customers’ money, not investors’.

Vietnam’s AI infrastructure provider GreenNode triples capital to $32M

GreenNode, the artificial-intelligence (AI) cloud unit of Vietnam's tech giant VNG, has registered an increase in its charter capital to VND835 billion ($32 million) from VND 245 billion.