Vietnam
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.
Vietnam’s OnPoint closes $50M Series B funding led by Temasek’s fund
OnPoint, a Vietnam-based e-commerce enabler, announced Friday it has raised $50 million Series B funding led by SeaTown Private Capital Master Fund, a fund managed by SeaTown Holdings International (SeaTown), an indirect wholly owned subsidiary of Temasek Holdings. SeaTown’s investment will be the largest private investment in the Southeast Asia (SEA)…
Vietnam’s Finhay raises $25M Series B co-led by Openspace Ventures and VIG
Finhay, Vietnam-based digital investment platform, said Wednesday it has secured a $25 million Series B round co-led by Openspace Ventures and VIG, along with Insignia, TVS, Headline, TNBAura and IVC.
