Vietnam
Canada’s Enablence raises $18M to expand optical-chip output in Vietnam with Foxconn unit
Canada's Enablence Technologies has raised C$25 million ($18 million) to expand production of optical chips at its California plant and a Vietnam facility run in collaboration with ShunYun Technology, an unit of Taiwan's Foxconn.
[Discover Vietnam Tech] Vietnam’s startup ecosystem enters a new phase of growth, says SVF
In this interview with TNGlobal, Mandy Nguyen, Operation Director at Startup Vietnam Foundation (SVF), discussed the forces shaping Vietnam’s startup landscape, the opportunities and challenges facing local founders, and how policy, capital and ecosystem collaboration can help Vietnamese startups compete internationally. She also outlined SVF’s…
Korea’s ITM Semiconductor recovers $2.5M out of $9.3M embezzlement in Vietnam
South Korea's ITM Semiconductor recovered about KRW3.5 billion ($2.47 million) out of an employee embezzlement worth KRW13.2 billion at its Vietnamese subsidiary ITM Semiconductor Vietnam.
Green SM launches electric motorbike service in Indonesia
Green SM has launched its electric motorbike service in Jakarta, expanding its all-electric transportation ecosystem in Indonesia to include two-wheeled mobility alongside electric taxis.
Italy’s export-credit agency guarantees $200M loan for Vietnam’s EV maker VinFast
Italy's export-credit agency SACE has guaranteed a $200 million loan for VinFast's Vietnamese unit, in order to expand Italian exports to Vietnam as the electric-vehicle (EV) maker seeks capital.
[Discover Vietnam Tech] Vietnam’s solar push needs more than panels. Stride is betting on finance
In an interview with TNGlobal for the Discover Vietnam Tech series, Fairthorne discussed why finance professionals are investing in solar, how rooftop power fits into Vietnam’s energy grid, and the largely untapped market for surplus electricity.
Vietnam’s EV manufacturer VinFast to buy founder Pham Nhat Vuong’s property firm for $1.2B
VinFast, the Nasdaq-listed Vietnamese electric-vehicle (EV) maker, will buy a real-estate company from its founder, billionaire Pham Nhat Vuong, for about $1.2 billion, in order shore up its finances.
Hanoi police fine individual suggesting labor strike against ride-hailing service Grab Vietnam
Hanoi police have issued an administrative fine against DXH, a local citizen making post to urge Grab drivers to stop working as a "labor strike" against the Singapore-based ride-hailing service.
VinFast founder hands CEO roles of automaker, ride-hailing service to sons
Pham Nhat Vuong, the founder of Vietnam's electric vehicle (EV) manufactuer VinFast, has handed the top executive roles at his electric-vehicle maker VinFast and its affiliated ride-hailing company GSM to his two sons.
Tesla establishes $3M automobile subsidiary in Vietnam
American automobile giant Tesla has established its Vietnamese subsidiary, Tesla Motors Vietnam LLC, according to a filing with the ministry-run National Business Registration Portal.
