Vietnam

Backed by $450M Pentagon deal, US’ Elmet acquires 5% in Vietnam’s tungsten producer MSR

The Elmet Group, the U.S. tungsten producer that secured a $450 million investment from the U.S. Department of War in mid-September, will buy a 4.99 percent stake in Vietnam's Masan High-Tech Materials for $124.75 million, alongside a multi-year supply deal.

Vietnam’s data center operator CMC, Viettel petition ministry over power pricing after cutoff threat

Two of Vietnam's largest data-center operators, CMC and Viettel, have asked ministries to clarify a dispute over electricity pricing that brought their Ho Chi Minh City facilities close to a power cut-off.

US-based AMC Robotics targets $30M annual output at planned Vietnam factory

AMC Robotics, a robotics company listed on the Nasdaq, plans to operate the first phase of its production line at Vietnam factory by the end of 2026, targeting $30 million in annual output.

Vietnam’s VinSpeed, Germany Siemens Mobility sign $1.15B Vietnam high-speed rail contract

Germany's Siemens Mobility has signed a turnkey contract worth up to €1 billion ($1.15 billion) with Vietnam's VinSpeed to supply trains and rail systems for two high-speed lines.

Vietnam’s Bonbon Mobility raises $500,000 pre-seed round led by Tasco, GenAI Fund co-investing

Bonbon Mobility, a Vietnamese platform connecting car owners with garages and car-care providers, has raised $500,000 in a pre-seed round led by conglomerate Tasco, with GenAI Fund co-investing.

Vietnam wants crypto exchanges by Q3/2026, experts doubt feasibility

In May, Vietnam's Ministry of Finance said the country's official digital-asset exchange could see its first activity as early as the third quarter of 2026, with five companies making preparations.

Vietnam’s TNT, US’ Infrakey to jointly study $10B data-center plan

Vietnam's conglomerate TNT Group and the United States-based data-center developer Infrakey DC Parks will jointly study building data centers in Vietnam of up to 1,000 MW.

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.