Vietnam

Japan’s Kawaijuku invests in Vietnamese VC fund Do Ventures to expand in education

KJ Holdings, the holding company of Japanese education group Kawaijuku, has invested in Do Ventures Fund II, a fund run by a Vietnamese venture-capital firm, as it looks to build education businesses in Vietnam.

Samsung Electro-Mechanics to invest $4.9B in AI-chip substrates, including $1.8B for Vietnam

South Korea's Samsung Electro-Mechanics will invest KRW6.78 trillion won ($4.9 billion) to expand production of chip-packaging substrates in South Korea and Vietnam, its biggest bet yet on components for AI processors.

EV maker VinFast’s Vietnam arm to reabsorb spun-off R&D firm, lifting charter capital to $8B

VinFast, the electric vehicle (EV) maker under Vietnam's conglomerate Vingroup, will merge back in Tuong Lai, an affiliated firm it spun off a year ago, lifting its registered capital to about VND214 trillion ($8.2 billion).

Pentagon-backed Elmet takes 4.99% of Vietnam tungsten producer MSR, wins exclusive bismuth supply

The United States-based Elmet Group, recently buying a 4.99 percent stake in Vietnam's Masan High-Tech Materials (MSR), has also secured an exclusive right to negotiate bismuth purchase from MSR's Nui Phao mine.

Can Tho establishes $192.4M high-tech park for Mekong Delta

Vietnam's Can Tho has approved a 200-hectare high-tech park with estimated investment of $192.4 million to serve the Mekong Delta.

Vietnam conglomerate Vingroup establishes $39M oil-gas trading firm

Vietnam's conglomerate Vingroup, known for its electric vehicle (EV) manufacturer VinFast, has established Vin Oil&Gas Global, a subsidiary to trade petroleum and gas, with a charter capital of VND10 trillion ($38.5 million).

Vietnam’s Stavian starts U.S.-backed feasibility study for Ho Chi Minh City AI data-center project

Stavian Group, a Vietnamese infrastructure developer, with backing from a U.S. government agency, has begun a feasibility study for a large AI and cloud data-center campus planned in Ho Chi Minh City.

Vietnam’s budget airline Vietjet signs Starlink deal for free in-flight Wi-Fi on 120 aircraft

Vietnamese budget airline Vietjet and SpaceX's Starlink will provide free high-speed Wi-Fi to passengers, starting with 120 aircraft.

Vietnam approves Amazon’s Kuiper to test satellite-based telecommunications service

Amazon Kuiper Vietnam, the local satellite unit of U.S. technology group Amazon, has received a Vietnamese licence to run a private satellite-based telecommunications network.

Backed by $450M Pentagon deal, US’ Elmet acquires 5% in Vietnam’s tungsten producer MSR

The Elmet Group, the U.S. tungsten producer that secured a $450 million investment from the U.S. Department of War in mid-September, will buy a 4.99 percent stake in Vietnam's Masan High-Tech Materials for $124.75 million, alongside a multi-year supply deal.