Vietnam

UK-headquartered Gresham House has signed an agreement to acquire Asia Clean Capital Vietnam Pte. Ltd. (ACCV), a Vietnamese commercial and industrial renewable energy developer.

Vietnam will prioritize immediate development and deployment of six products, including unmanned aerial vehicles (UAV), 5G network, and Blockchain-tracking application & digital assets, the Ministry of Science and Technology said at a Tuesday meeting on strategic technologies.

The family of Pham Nhat Vuong, Vietnam's richest billionaire per Forbes estimation and chairman of conglomerate Vingroup, has founded GSM VN Holding with a charter capital of VND43,313 billion ($1.7 billion).

Taiwan's Cooler Master, a computer hardware manufacturer, has invested $200 million in Vietnam's Bac Ninh province and plans to increase the investment to $3 billion.

Artificial intelligence (AI) innovations developed by Indonesian women-led startups, such as hospital automation tools and inclusive communication platforms, are approaching Vietnam through a regional expansion initiative led by Indonesia-based Indosat Ooredoo Hutchison under its women-focused innovation program SheHacks.

Vietnam’s Ministry of Science and Technology is considering financial support of up to VND15 billion (about $570,000) for each “unprecedented” digitalization project.

Vietnam-based Fulian Precision Technology Component Company Limited, a subsidiary of Taiwan-based Foxconn, has increased its charter capital by about $39.4 million.

South Korea's POSCO Future M plans to invest KRW357 billion ($270 million) in building a new factory plant in Vietnam's Thai Nguyen province, to produce artificial graphite anode materials used in batteries.

Authorities in Vietnam's Ho Chi Minh City have approved a plan to establish a venture capital (VC) fund aimed at boosting technology startups, commercializing research, and accelerating innovation in key strategic industries.

GSM Green and Smart Mobility JSC (GSM), a ride-hailing service founded by chairman Pham Nhat Vuong of Vietnam's top conglomerate Vingroup, has announced that Pham Thu Huong, the spouse of Vuong, as the new chairwoman.