Vietnam

Vietnams’s Society Pass establishes regional headquarters in Singapore, poised to accelerate growth in Southeast Asia

Society Pass (SoPa), which is listed on Nasdaq, announced Thursday its ambition to accelerate its growth in Southeast Asia through the launch of its regional headquarters in Singapore.Located in Raffles Place in the heart of the Singapore central business district, the new office acts as the company’s designated Asia Pacific hub for regional business and…

Vietnam retail platform The Crown X raises $350M led by Temasek, TPG and ADIA

Vietnam conglomerate Masan Group Corporation announced Monday the signing of a $350 million primary investment in its retail unit The CrownX Corporation by a consortium of investors, including TPG, Platinum Orchid, a wholly owned subsidiary of Abu Dhabi Investment Authority (ADIA), and SeaTown Master Fund, managed by a wholly owned indirect subsidiary of…

Vietnam’s Vingroup starts construction on $173.7M EV battery manufacturing factory

Vingroup has started the construction of the $173.7 million electric vehicle (EV) battery manufacturing factory in Vietnam. The VinES Battery Manufacturing Factory which is located in the Vung Ang Economic Zone (Ha Tinh), is being developed on 8 hectares in its initial phase. The establishment of this factory represents an important milestone in its EV…

Vietnam blockchain-based gamehub Whydah raises $25 Million funding

Whydah has successfully raised $25 million from prestigious investors including Hashkey, Eternity Ventures, Bitscale, Youbi, Morningstar Ventures, Kardia Ventures, Formless Capital, Axia 8 Ventures, Polkastarter, Good Guild Game, and Mask Network. This move comes shortly after Whydah officially cooperated with the seven largest game studios in Vietnam,…

GIC-backed VNG to raise funds ahead of US listing – report

The company is said to be seeking to raise $200 million to $300 million from new and existing backers.

Vingroup seeks to list car unit in US in 2H2022 to raise at least $3B – report

Vingroup had set up a Singapore-based holding company owning a stake in Vinfast's operations in Vietnam to fuel the IPO process.

Vietnam fintech startup GIMO bags $1.9M in Seed+ round led by Integra Partners

GIMO has successfully raised $1.9 million in a Seed+ round led by Singapore’s Integra Partners. The round also saw participation from Resolution Ventures, Blauwpark Partners, and TNB Aura VN Scout. With the fresh funding, the company plans to allocate more resources for hiring senior engineers, strengthening risk management competencies, and integrating…

Vietnam’s Society Pass eyes M&A opportunities in Indonesia, Philippines after share price jumps more than 400% on NASDAQ

The firm is keen to pursue acquisitions in categories that augment its loyalty point ecosystem, as well as e-Commerce and online travel.

Vietnam’s NextTech launches $50M blockchain fund

through an exclusive 8-way due diligence approach, Next100 Blockchain intends to become an essential reputational indicator--to be a "lighthouse" that helps the crypto investing community to navigate crowdfunding campaigns and mitigate the risk of investing in fraudulent projects.

Vietnam e-commerce platform Kilo raises $5M pre-Series A led by Altos Ventures and January Capital

Kilo has raised $5 million in a pre-Series A round co-led by Altos Ventures and January Capital. The round was joined by Goodwater Capital, Ascend Vietnam Ventures, Decisive Capital Management, Ratio Ventures, and other angel investors. Kilo plans to grow its team by 4 times over the coming 12 months. Its future roadmap includes several features to further…