Vietnam

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.

VinES Energy Solutions partners Altınay Elektromobilite to offer energy storage solutions in Turkey

Vietnamese private conglomerate Vingroup said Tuesday its mobility and energy storage applications advanced batteries subsidiary VinES Energy Solutions has partnered Turkish Energy Company Altınay Elektromobilite to provide energy storage solutions to Turkey energy market.

GSM

GSM launches electric taxi service in Hanoi

Green and Smart Mobility Joint Stock Company (GSM), a company founded by the owner of Vietnamese electric vehicle (EV) maker VinFast, has announced the launch of Green SM Taxi, an electric taxi service, in Hanoi starting on April 14.

2023 VinFuture InnovaTalk series: applying new technologies to increase agriculture production while reducing post-harvest losses

The VinFuture Foundation's launch of the 2023 InnovaTalk series on agriculture has highlighted the potential for new technologies to revolutionize the industry.

Vietnamese EdTech firm Prep raises $1M funding co-led by East Ventures and Cercano Management

Prep, the Vietnam-based online learning platform that specializes in standardized language test preparation, has on Tuesday announced that it has raised $1 million co-led by East Ventures and Cercano Management.

VinFast to deliver electric SUVs in Vietnam; eyes overseas deliveries

Vietnamese carmaker VinFast said Thursday that it will begin delivering its new electric sport utility vehicles (SUVs) in Vietnam this week.