Vietnam

IFC provides $150M to Vietnam’s SeABank to issue blue bond and boost climate finance

To catalyze a viable blue finance market while fostering green bonds and supporting smaller businesses in Vietnam, International Finance Corporation (IFC) is providing a financing package of $150 million to Southeast Asia Commercial Joint Stock Bank (SeABank).

man in gray hoodie and black pants holding brown cardboard box

From science fiction to reality: How a Vietnamese AI platform powered by human ingenuity could save millions of lives

Farm2Vet, a science-informed #AI-powered platform co-created with Vietnamese communities, has won a £1 million global prize for its innovative approach to combating antimicrobial resistance (AMR), a silent pandemic threatening millions of lives. Proposed by researchers at VinUniversity, the University of Illinois, the Vietnam National University of…

Tracxn : Vietnam tech startups total fundings down 52.7 pct on year in first half

Total funding into Vietnam Tech startups dropped 52.7 percent to $46.5 million in the first half of 2024, compared with $98.5 million in the first half of 2023, Tracxn said Tuesday.

Charge+ partners Porsche to launch 1,700km electric vehicle charging network in Vietnam

Charge+, a Singapore-based electric vehicle (EV) charging solutions provider, has partnered German automobile manufacturer Porsche to launch a 1,700 kilometers (km) EV Charging Network in Vietnam that connects Vietnam’s two largest cities Hanoi and Ho Chi Minh City.

Norfund grants $30M convertible loan to Vietnam’s SeABank

Norfund, the Norwegian Investment Fund for Developing Countries, has decided to invest $30 million to Vietnam-based Southeast Asia Commercial Joint Stock Bank (SeABank) in form of a convertible loan.

HSBC provides social loan for Vietnamese biotechnology company Gene Solutions

HSBC has levelled up its strategic partnership with Gene Solutions, a biotechnology company based in Vietnam, through a social loan which allows the firm to continue expanding its healthcare services to Vietnam and ASEAN’s citizens.

Fintech entrepreneurs launch foreign exchange risk management firm Instantia with VNG backing

Industry veterans Richard Poulton and Danny Pezeshki have joined forces with Vietnamese tech titan VNG to launch foreign exchange (FX) risk management firm Instantia that based in Australia.

ADB, LPBank sign $80M loan package to expand access to finance for women-owned SMEs in Vietnam

The Asian Development Bank (ADB) and Lien Viet Post Joint Stock Commercial Bank (LPBank) have signed a financing package of up to $80 million to expand access to finance for a women-owned small and medium-sized enterprises (WSMEs) project in Vietnam.

PropertyGuru’s revenue up 12 pct year on year to $27.45M in first quarter

Singapore-based online property portal PropertyGuru said Tuesday that its total revenue increased 12 percent year over year to SGD 37 million ($27.45 million) in the first quarter.

VinFast’s tiny titan: A big bet on disruption

VinFast's VF 3 might be its smallest electric car yet, but it packs a giant punch. This mini-SUV has the potential to be a game-changer for the Vietnamese automaker. By disrupting the domestic market with its affordability and appeal, the VF 3 can become a significant force for VinFast's ongoing global expansion plans.