Vietnam

Foxconn invests $287M in Vietnam unit Fulian Precision Technology Component

Taiwan's Hon Hai Precision (Foxconn), a global electronic manufacturer known for making Apple, Sony, and Xiaomi products, has poured an additional $287.1 million in its Vietnam-based wholly-owned unit Fulian Precision Technology Component.

Australia’s Lynas, Korea’s LS Eco Energy to jointly product rare earth metals in Vietnam

South Korea's LS Eco Energy, under South Korea's giant LS Cable & System, in a cooperation with Australia's Lynas Rare Earth, will build a rare earth metal factory in Vietnam, the Australian firm announced Thursday.

Binance recruiting General Manager in Vietnam

Binance, among the largest cryptocurrency exchanges in the world, is recruiting a General Manager for its office in Vietnam.

EU to invest €560M in Vietnam, focus on green transport, energy

The European Union will invest €560 million ($649 million) in sustainable transport and clean energy, in order to support economic growth, job creation, and pollution reduction.

Vietnam’s top telco Viettel to invest $152M in expanding 5G coverage to all Ho Chi Minh City

Vietnam's top telecommunications firm Viettel is set to invest VND4,000 billion ($151.8 million) in expanding 5G coverage in Ho Chi Minh City this year, in order expand the 5G service to nearly all citizens in the city.

Vietnam’s cryptocurrency trading platform ONUS halt cashout amid police activity

Many users are unable to login into ONUS Pro, a digital asset exchange platform serving South East Asia with a focus on Vietnam, from the weekend.

Malaysia-based Gobi Partners seeks to join Vietnam’s $19M VC initiative

Gobi Partners, a venture capital (VC) firm based in Malaysia and Hong Kong, seeks to invest in Vietnam, including the country's national VC fund.

Vietnam’s Ho Chi Minh City to facilitate AMD to invest in R&D center

Ho Chi Minh City, the biggest economic hub in Vietnam, has requested its Department of Science and Technology to draft a plan for developing the semiconductor industry, including a task of helping Advanced Micro Devices (AMD) establish a research & development (R&D) center in the city.

SpaceX’s Starlink offers Internet service in Vietnam at $85 per month, above peers’ prices

Starlink's satellite Internet services will be available in Vietnam at $85 per month, in addition to $350 for the terminal equipment, according to the Vietnam Telecommunications Authority, under the Ministry of Science and Technology.

Vietnam-based SmartSolar secures $3.15M to expand rooftop solar financing for SMEs

Vietnam-based rooftop solar startup SmartSolar has closed a debt financing round, bringing its total funding to $3.15 million in combined equity and debt, as it expands financing solutions for small and medium-sized enterprises (SMEs)) facing rising electricity costs.