Investments
Chipmaker Intel to invest $2.6B more in Vietnam, $4.1B in total
Intel is set to invest $2.6 billion more in Vietnam, raising the total investment to $4.1 billion, the U.S. chipmaker said in a statement on Friday, at its 20th anniversary of operation in Vietnam.
Granite Asia opens Galatek Technologies facility in Malaysia. to increase investment to $100M
Granite Asia, a pan-Asia investment platform with over $10 billion in assets under management, has marked the facility opening of its portfolio company Galatek Technologies in Penang (Malaysia).
TikTok invests $5B in Vietnam, plans to establish local entity to boost data management
TikTok has invested nearly $5 billion in Vietnam over seven years of operation and plans to establish a domestic legal entity in the country.
Taiwan cooling solution firm AVC breaks ground on $600M plant in Vietnam
AVC Technology Vietnam, under Taiwan-based cooling solution firm Asia Vital Component (AVC) kicked off the construction of a high-tech electronics components manufacturing plant in, Ninh Binh province, Vietnam, on Friday.
Indonesia investment startup Recompound introduces performance-based fee model for retail investors
Recompound, an Indonesia-based investment advisory startup, has introduced a performance-based fee model for retail investors, adopting a structure more commonly used in institutional investing.
Foxconn to pour $58M more in Vietnam subsidiary for long-term investment
Foxconn, also known as Hon Hai Precision Industry, will invest $58.3 million more in its Vietnamese subsidiary Fushan Technology (Vietnam), according to a filing of the Taiwanese electronic giant sent to the Taiwan Stock Exchange (TWSE) on Wednesday.
Vietnam’s HDBank partners with London Stock Exchange, plans $300M green bond issuance
HDBank, associated with Vietnamese female billionaire Nguyen Thi Phuong Thao, has signed a strategic partnership with the London Stock Exchange to support Vietnamese businesses in accessing international capital markets, alongside plans to issue up to $300 million in green bonds.
Malaysia PE firm Creador targets $1B for new PE fund, launching in Q1 next year
"We are targeting to launch the new fund in the first quarter next year," Creador Founder and Chief Executive Officer Brahmal Vasudevan told TNGlobal.
Japan’s Meiko Electronics to further invest $50M in Vietnam
Meiko Electronics, a Japanese manufacturer of printed circuit board (PCB), will invest $50 million in establishing Meiko Electronics Yen Quang, a new subsidiary in Vietnam.
India’s tech firm Wipro to acquire IT unit Mindsprint of Singapore’s agribusiness Olam for $291M, signs $1B deal
India's AI-power technology company Wipro will acquire Mindsprint, the technology subsidiary of Singapore's agribusiness Olam Group, for S$375 million ($291 million) cash, as part of a broader strategic partnership that includes a long-term digital transformation deal valued at over $1 billion.
