Vietnam Volanews

VIETNAM RIDE-HAILING POLICY

Vietnam finalises regulations for taxi operators, ride-hailing firms The decree will take effect from April 2020.

by DealStreetAsia

2020-01-20

VIETNAM Financial Services VPBank

IFC extends $213m debt financing for Vietnam’s VPBank The announcement came more than two months after IFC said it was considering a $150 million support to VPBank.

by DealStreetAsia

2020-01-15

VIETNAM Financial Services Orient Commercial Joint Stock Bank

Vietnam’s OCB mulls 11% stake sale to Japan’s Aozora Bank, plans to list on HoSE Vietnam Orient Commercial Joint Stock Bank (OCB) is mulling to sell 11 per cent stake to Japanese commercial lender Aozora Bank and plans to list on Ho Chi Minh City Stock Exchange (HoSE) this year.

by DealStreetAsia

2020-01-08

VIETNAM CONSUMER GOODS APPLE

Apple looking to move AirPods production to Vietnam Apple’s audio factory in northern Viet Nam has long made the company’s wired earbuds, but this marks the first time the plant will take on the wireless variety.

by vietnamnet

2019-12-30

VIETNAM LOTTE E-COMMERCE

South Korea’s Lotte to shut down online marketplace in Vietnam South Korean conglomerate Lotte is shutting down Lotte.vn, its Vietnam-focused online marketplace connecting merchants with buyers, citing a change in its retail strategy.

by Deal Street Asia

2019-12-27

VIETNAM Masan Group Financial Services

Vietnam’s Masan Group to offer up to $431m of bonds in 2020 Masan Group plans to issue up to 10 trillion dong ($431.5 million) of bonds next year to expand its business, lend to units and repay a loan.

by Deal Street Asia

2019-12-26

VIETNAM VeXeRe CUSTOMER SERVICE

Vietnam’s VeXeRe raises funding from Woowa Brothers, Ncore, Access Ventures Vietnam-based startup that operates online bus ticket and car booking system VeXeRe has raised an undisclosed amount from South Korea’s Woowa Brothers, Ncore Ventures, Access Ventures, and another investor whose name could not be ascertained.

by Deal Street Asia

2019-12-26

VIETNAM EDTECH Dream Viet Education

Vietnam-based edtech startup sells adult learning platform to Navigos Group Venture capital-backed Vietnamese edtech startup Dream Viet Education has sold majority stakes in two of its learning platforms, Kyna.vn and KynaBiz.vn, to HR service firm Navigos Group, the companies said in a joint announcement.

by Deal Street Asia

2019-12-26

VIETNAM SK Group VC

Korea’s NPS, SK Group said to set up $860m fund to invest in Vietnam Korea’s National Pension Service (NPS) and business juggernaut SK Group have reportedly joined forces to form a 1 trillion won ($860 million) fund to invest in Vietnam, according to Korean media reports.

by DealStreetAsia

2019-12-20

CHINA FINTECH ANT FINANCIAL

Ant Financial said to pick up stake in Vietnamese e-wallet eMonkey China’s Ant Financial, a fintech affiliate of e-commerce giant Alibaba Group Holding Ltd, has quietly acquired a sizable stake in a Vietnamese e-wallet eMonkey, people familiar with the matter said.

by DealStreetAsia

2019-12-20

VIETNAM Telio E-COMMERCE

Tiger Global leads US$25M Series A in Vietnamese B2B e-commerce app Telio Telio connects small retailers with brands and wholesalers on a centralised platform.

by e27.co

2019-12-20

RETAIL VIETNAM Vingroup

Vietnamese conglomerate Vingroup pulls out of retail business The Hanoi-based firm said it will merge its e-commerce site Adayroi with e-payment unit VinID, and wind up its electronics retailing business VinPro.

by Deal Street Asia

2019-12-19

VIETNAM EDTECH FUNDING

Vietnam’s Topica Edtech Group invests USD 3.5 million in English tutoring platform for children Topica has been a leading name in Southeast Asia’s edtech sector.

by kr-asia

2019-12-13

VIETNAM FINTECH FUNDING

Next100 invests $432k in PushSale.vn Through the investment, PushSale.vn will be connected with the ecosystem of NextTech Group.

by DealStreetAsia

2019-12-11

VIETNAM FINTECH FUNDING

P2P lending platform Interloan receives US$500K investment to provide unsecured loans to working professionals in Vietnam Interloan is one of the winners of Fintech Challenge Vietnam 2019, which was organised recently by the State Bank of Vietnam.

by e27.co

2019-12-10

VIETNAM INVESTMENT FEATURES

$14 million invested in start-ups at Techfest A series of seminars were organised by 12 technology villages during the three-day event.

by Jennifer Kok

2019-12-09

VIETNAM Industry Startups

Vietnam’s startups bag $750m funding in first 10 months of the year Vietnamese startups bagged $750 million in funding across 29 deals in the first ten months of this year, the country’s science and technology minister said on Wednesday.

by DealStreetAsia

2019-12-06

SINGAPORE VIETNAM ACQUISITION

UOB Asset Management to acquire Vietnam-based fund manager for $4.9m VAM Vietnam was established in 2006 and primarily invests in public equities. It also makes investments in convertible debt and other equity‐linked instruments.

by DealStreetAsia

2019-12-04

VIETNAM SINGAPORE VC

FEBE Ventures launches US$25M Vietnam-focused early-stage VC fund The fund is focused on early stages, which can be Powerpoint or MVP phase, or ‘pre-seed’, or ‘seed’ rounds.

by e27.co

2019-11-29

VIETNAM INTERVIEW Kamereo

【Exclusive】Kamereo | Shopify of the Catering Industry Becomes the Most Promising Area for Entrepreneurship Kamereo recently announced that it had raised half a million dollars from Japanese VC, Genesia Ventures, and Ventures Vietnam.

by Rachel

2019-11-27