Vietnam
First shipment of VinFast SUVs arrives in Canada
Vietnamese automaker VinFast has announced the arrival of the first shipment of 781 VF 8 vehicles to Nanaimo port, British Columbia. The first VF 8 vehicles will be delivered to customers from June 2023 onwards.
VinES Energy Solutions to receive $500K technical assistance from Australian Government
Administered under the Australian Climate Finance Partnership (ACFP), the package is aimed at bolstering the development and sustainable production of lithium-ion battery technology for electric vehicles (EVs) in Vietnam.
Vietnam’s VinFast to list in United States via SPAC
Vietnamese electric vehicle maker (EV) VinFast Auto Pte. Ltd. (VinFast) has on Friday announced that it will be listed in the United States via a merger with special purpose acquisition company (SPAC) Black Spade Acquisition Co. (Black Spade).
Indonesia’s Ruangguru acquires Vietnamese live teaching platform Mclass to expand market reach
Ruangguru, an Indonesia-based education technology company, has completed the acquisition of Mclass, an online learning platform in Vietnam that offers live teaching solutions to students. The acquisition is Ruangguru's strategic move to expand its reach and increase its capabilities in the region.
Vietnam’s VinFast receives $2.5B for development
Vietnamese conglomerate Vingroup Joint Stock Company car maker subsidiary VinFast Joint Stock Company has received $2.5 billion in grants and loans to facilitate its continuing development enabling it to achieve its global growth goals.
Vietnam’s Selex Motors raises $3M from ADB Ventures, Schneider Electric Energy Access Asia and others
Vietnam-based Selex Smart Electric Vehicles JSC (Selex Motors) is currently in a $3 million convertible note investment round with ADB Ventures - Asian Development Banks's venture arm, Schneider Electric Energy Access Asia, Touchstone Partners, and Sopoong Ventures.
Vietnam startups funding plunges 49 percent year on year in 1Q, says Tracxn
Vietnam startups have raised a total of $40.6 million in funds in the first quarter, a 49 percent lower as compared to $80.1 million in the same period in the previous year, Tracxn Technologies said Monday.
GSM officially launches Vietnam’s first pure electric taxi firm
Green and Smart Mobility Joint Stock Company (GSM), a company founded by the owner of Vietnamese electric vehicle (EV) maker VinFast, has officially began operating the first pure electric taxi service in Vietnam - Green SM Taxi.
NusaTrip acquires Vietnam’s VLeisure, marks its first acquisition outside of Indonesia
NusaTrip, a Jakarta-based online travel agency (OTA) and the travel vertical of Society Pass Inc (SoPa), has on Thursday announced the acquisition of VLeisure, a Vietnam-based online business to business (B2B) hotel platform.
VinES and Li-Cycle seal strategic, long-term battery recycling agreement
VinES Energy Solutions (VinES), Vingroup's mobility and energy storage applications advanced batteries subsidiary, and Li-Cycle Holdings Corp. (Li-Cycle), a lithium-ion battery recycler in North America, have on Wednesday announced that they have signed a definitive agreement for a long-term recycling relationship.
