Vietnam

Bank for Investment and Development of Vietnam (BIDV), Vietnam National Payment Corporation (NAPAS), and South Korea's KEB Hana Bank and GLN International, launched a cross-border QR code payment service connecting Vietnam and South Korea on Thursday.

Indonesia's buy now pay later (BNPL) firm Kredivo now holds a 99.99 percent stake at Timo Vietnam JSC, also known as Timo digital bank by BVBank in Vietnam.

VinFast, the electric vehicle manufacturer under Vietnam's conglomerate VinFast, reached a global delivery of 58,577 electric vehicles (EVs) in the first quarter of 2026, up 61 percent year-on-year, according to its release on Wednesday.

Vietnam-based Goertek Technology Vina Co., Ltd., a subsidiary of Chinese manufacturing giant Goertek, has invested VND527.1 billlion ($20 million) more in its factory in the northern province of Bac Ninh, according to its draft environmental impact assessment sent to the provincial authorities.

VinDynamics, a robotics company under Vietnam's conglomerate Vingroup, and Germany's motion technology firm Schaeffler will collaborate on research and development in humanoid robotics.

Fushan Technology (Vietnam), a subsidiary of Foxconn (also known as Hon Hai Precision Industry), is seeking permission to manufacture humanoid robots in its factory in Vietnam's northern province of Bac Ninh.

BYD Electronics (Vietnam), under Chinese giant BYD, was granted a certificate to increase its investment in Vietnam's northern province of Phu Tho to $479.8 million.

The optimal development path for startups in Vietnam at the moment is to join conglomerates, such as via merger & acquisition (M&A) deals, instead of striving for initial public offering (IPO), said Erik Duong, founder of Web3 X, an investment fund and incubator specializing in Web3 and Blockchain startups.

OKG Ventures Limited, associated with OKG Technology and OKX Ventures, has contributed VND1,000 billion ($37.9 million) in the charter capital of Vietnam Prosperity Crypto Asset Exchange Joint Stock Company (CAEX), one of the first crypto trading platforms in Vietnam.

Vietnam's affordable airline Vietjet and China's SPDB Financial Leasing (SPDBFL), a subsidiary of Shanghai Pudong Development Bank, have signed an agreement for the finance lease of 10 COMAC C909 aircraft.