Vietnam

Smart materials for energy harvesting and storage

The webinar was moderated by Professor Sir Kostya Novoselov, a 2010 #NobelPrize Laureate in #Physics and a Member of the VinFuture Prize Council. Renowned for his contributions in graphene material research, condensed matter physics, mesoscopic physics, and #nanotechnology, Professor Novoselov holds esteemed positions as the Tan Chin Tuan Centennial…

Vietnam’s FPT partners US’s Landing AI to advance AI development and education

FPT, a Vietnam-based technology firm, and Landing AI, a United States-based computer vision platform and artificial intelligence (AI) software company, have on Tuesday announced a strategic relationship that will drive the application and education of AI.

Vietnam’s VinFast enters into $1B share sale agreement with Yorkville Advisors

VinFast Auto Ltd. (VinFast) on Friday announced that it has entered into a standby equity subscription agreement with YA II PN, Ltd.(Yorkville). The subscription agreement highlights that VinFast has the option, but not the obligation, to require Yorkville to subscribe for up to $1 billion of ordinary shares in VinFast at any time during the term of the…

Vietnamese EV maker VinFast to expand into Southeast Asia, raising more capital – report

Southeast Asia has a lot of potential with governments looking to boost EV adoption with aggressive targets, VinFast Chief Executive Officer Le Thi Thu Thuy said.

Vietnamese robotic prosthetics firm Vulcan Augmetics raises seed funding from Quest Ventures

Vulcan Augmetics, a Vietnam-based robotic prosthetics firm, has on Monday announced that it has secured seed funding from Singapore-based venture capital firm Quest Ventures.

SoPa gets financing from Strattners to invest into subsidiaries to go public in 2024

Society Pass Inc. (SoPa), the Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, has announced an equity line of up to $40 million to invest into operating subsidiaries projected to go public in 2024.

Vietnam’s game developers, publishers level up with Google Cloud to establish the country as a global games industry powerhouse

Vietnam’s game developers and publishers VNGGames, Amanotes, and Wolffun Game have levelled up with Google Cloud to establish the country as a global games industry powerhouse.

Society Pass to spin out TMG, Nusatrip into new publicly-traded companies via Nasdaq IPOs in 2024

Society Pass Inc. (SoPa), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem, plans to spin out two profitable business units Thoughtful Media Group Inc (TMG) and NusaTrip Inc (NusaTrip) into new publicly-traded companies via Nasdaq initial public offerings (IPOs) in 2024.

Tracxn : Funding into FinTech SEA startups plunges 74 percent in third quarter

Total funding into FinTech startups in Southeast Asia (SEA) fell 74 percent to $229 million in the third quarter of 2023 from $887 million a year ago, making it the lowest funded quarter since 2020, Tracxn said Friday. The drop in funding was largely due to the absence of late-stage rounds in the third quarter of 2023.

Vietnam’s VinFast net loss increases despite rising revenues

Vingroup JSC automaker arm VinFast Auto Ltd, has reported higher net loss in the third quarter despite rising revenues. The firm's net loss for the quarter stood at $622.9 million, representing an increase of 33.7 percent from the third quarter of 2022 and an increase of 19.7 percent from the second quarter of 2023.