Vietnam
The innovative technology behind near-fireproof electric vehicle batteries
The advanced technology in #electricvehicle #batteries, particularly the advances achieved in making them fire-resistant, is a crucial aspect of this revolution. This innovation addresses one of the main issues with lithium-ion batteries, making #EVs safer as well as more environmentally beneficial.
Vietnamese Internet Platform VNG postpones US IPO – report
VNG has been exploring going public in the US since at least 2017.
Vinfast’s 2Q deliveries jump to 9,535 vehicles, more than 5x of 1Q23
Vietnam's electric vehicle maker Vinfast said on Monday it delivered 9,535 vehicles in the second quarter (2Q23), more than five times the number of deliveries in 1Q23.
Backed by three unicorns, Indonesia’s InsurTech firm PasarPolis gears up to disrupt insurance industry
In the interview, Van Zyl also shared PasarPolis’ short-term and long-term plans, the company’s strategy and the challenges it faced. He also shared his views on the overall insurance industry in Indonesia and Southeast Asia.
Vietnam’s MFast secures Series A funding led by Wavemaker Partners, sets sights on regional expansion
MFast, a financial services distribution network in Vietnam, has concluded its Series A funding round, led by Wavemaker Partners. The round also saw participation from new investors Finnoventure Fund I, managed by Krungsri Finnovate, and Headline Asia, along with existing investors Do Ventures, JAFCO Asia, and Ascend Vietnam Ventures.
Vietnam joins regional payment connectivity initiative
State Bank of Vietnam (SBV), the central bank of Vietnam, has officially joined the regional payment connectivity (RPC) initiative. The RPC initiative was established to strengthen and enhance collaboration on payment connectivity through the development for faster, cheaper, more transparent, and more inclusive cross-border payments.
Vietnamese internet firm VNG seeks $150 million in US listing – report
The news came after Vietnam-based electric car maker VinFast's recent sterling debut in the US. VinFast's shares have rocketed after its US debut earlier this month.
Touchstone Partners and Temasek Foundation launch global climate innovations competition in Vietnam
Touchstone Partners, a Vietnam-based early-stage venture capital firm, and Temasek Foundation, a Singapore-based, non-profit philanthropic organization, have on Tuesday co-launched Net Zero Challenge 2023 (N0C 2023), a global climate innovations competition, in partnership with the Ho Chi Minh City Institute for Development Studies (HIDS). The competition…
Tracxn : Vietnam’s FinTech sector funding plunges 67 pct in first half amid global economic uncertainty
The FinTech sector in Vietnam has experienced a significant downturn in funding throughout 2023, largely attributed to the lingering effects of the funding winter and the prevailing global macroeconomic uncertainty, Technologies Ltd said on Friday. The first half of 2023 has seen a remarkable drop in Vietnam FinTech funding, with total funding dropping 67…
Vietnamese EV maker VinFast debuts on NASDAQ after completing SPAC merger
Vietnamese electric vehicle (EV) automaker VinFast Auto Ltd. (VinFast) has made a strong debut on Nasdaq on Tuesday. The stock opened at $22, more than double the $10 per share agreed with VinFast's special purpose acquisition company (SPAC) partner Black Spade Acquisition (Black Spade) that had valued VinFast at $23 billion. The stock ended at $37.06 on…
