Vietnam

VinFuture InnovaTalk Webinar: The development of the ultrasensitive and fast liquid biopsy – A revolution in cancer measurement at the point of care

The InnovaTalk webinar series was launched by the VinFuture Foundation, including six seminars taking place from the end of June until the end of November 2022. Each seminar will be led by a member of VinFuture’s scientific councils or a VinFuture Prize laureate. Invited guest speakers are leading international scientists from different high-tech fields and…

Vietnam’s VinFast to focus on US, European EV markets before expanding in Southeast Asia

VinFast owns an automotive manufacturing complex that boasts up to 90 percent automation in Hai Phong, Vietnam. Capacity is 250,000 cars annually.

J&T Express celebrates Its fourth anniversary in Vietnam

Global logistics service provider J&T Express celebrates its fourth anniversary in Vietnam, marking four years of extensive expansion of its domestic network since its launch in Vietnam in July 2018.

Vietnamese fintech startup MFast raises $2.5M funding led by Ascend Vietnam Ventures

Vietnamese financial service app MFast announced Monday it has raised $2.5 million in a funding round led by Ascend Vietnam Ventures with participation from Wavemaker Partners and existing investors Do Ventures & JAFCO Asia. With the fresh funding, MFast is actively hiring talent across various areas including technology, marketing, and sales to upgrade…

Vietnam’s VinFast opens six stores in California

Vietnamese electric vehicle manufacturer VinFast announced Friday the simultaneous opening of the first six VinFast Stores in California. In 2022, the firm will continue to open more than 30 stores in California, while also exploring expansion to other states across the United States.

Vietnam’s VinFast receives $1.2B incentives for US manufacturing hub in North Carolina

Vietnamese electric vehicle manufacturer VinFast announced Thursday it has received a $1.2 billion incentive package from the State of North Carolina for its electric vehicle manufacturing project in the United States.

Vietnam’s VinFast to raise $4B for US manufacturing facility via banks

Vietnamese electric vehicle manufacturer VinFast said Wednesday it has signed international financing agreements with Credit Suisse and Citigroup in order to raise $4 billion capital for the development of its planned manufacturing facility in North Carolina and its business activities in the United States (U.S.) market.

Vietnam’s Vinfast invests in solid-state battery manufacturer ProLogium

VinFast, through a company in Vingroup, announced Wednesday an investment in the tens of millions of US dollars in ProLogium, a global leading manufacturer in next-generation solid-state battery. It also entered into a memorandum of understanding with ProLogium setting out strategic cooperation arrangements to secure next-generation solid-state battery…

Ascend Vietnam Ventures surpasses $50M target

Ascend Vietnam Ventures, a seed-stage venture capital firm located in Ho Chi Minh City, announced Tuesday that it has exceeded its $50 million target for its flagship early-stage venture capital fund, AVV Alpha. Led by Binh Tran and Eddie Thai, the fund is seeking the next wave of globally iconic startups emerging from Vietnam.

Vietnam’s VinaCapital Ventures takes stake in Web3 data analytics firm M3TA

VinaCapital Ventures, the Vietnam-based technology investment platform of VinaCapital Group, announced Monday that it has taken a stake in M3TA, a Web3 data analytics company that seeks to empower businesses in Web3 with the power of data. Details of the investment were not disclosed.