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VinaCapital led consortium invests $21.4 mln in leading packaging firm

VinaCapital led consortium invests $21.4 mln in leading packaging firm

An investors’ consortium led by Vietnam-based VinaCapital fund has agreed to invest $21.4 million in packaging firm Ngoc Nghia.
South Korean firm to invest $700 mln towards cashless payment in Vietnam

South Korean firm to invest $700 mln towards cashless payment in Vietnam

Financial solutions firm Alliex will invest over $700 million to build shared Point of Sales (POS) across Vietnam.
September 21, 2019 | 09:00 am GMT+7
Express delivery market gathers speed

Express delivery market gathers speed

Ride-hailing giant Grab has followed Russian delivery firm Dostavista and local ride-hailing app Be to invest in express delivery services.
September 07, 2019 | 11:27 am GMT+7
Sumitomo invests in Vietnam port operator

Sumitomo invests in Vietnam port operator

Japan's Sumitomo has invested $37 million in a major port operator to take advantage of Vietnam’s growing logistics demand.
July 07, 2019 | 02:54 pm GMT+7
VinaCapital Ventures invests $4 million in Vietnamese prop-tech startup

VinaCapital Ventures invests $4 million in Vietnamese prop-tech startup

VinaCapital Ventures has invested $4 million in Rever, a tech-enabled real estate brokerage company.
June 14, 2019 | 09:50 am GMT+7
HCMC to invest over $500 mln in electric buses

HCMC to invest over $500 mln in electric buses

The HCMC Transport Department and South Korea’s technology firm DATAM are planning to invest $525 million in building small electric buses.
June 08, 2019 | 08:00 am GMT+7
Hyundai Group wants to invest in Vietnam’s high-speed rail

Hyundai Group wants to invest in Vietnam’s high-speed rail

Hyundai Group is eyeing Vietnam’s transnational high-speed railway project, controversial for its feasibility and high costs.
June 02, 2019 | 10:56 am GMT+7
Thailand’s CP Foods to set up $200 million Vietnam export hub

Thailand’s CP Foods to set up $200 million Vietnam export hub

Thai agricultural conglomerate CP Foods will invest $200 million to create an export hub in Vietnam to take advantage of its TPP membership. 
April 26, 2019 | 09:38 am GMT+7
FPT, Japanese fund to invest $3 mln in blockchain startup

FPT, Japanese fund to invest $3 mln in blockchain startup

FPT Corp. and Japan’s SBI Holdings will invest $3 million in Utop, a retail point rewards program in Vietnam.
April 23, 2019 | 06:40 pm GMT+7
Bamboo Airways to increase capital by $30 mln

Bamboo Airways to increase capital by $30 mln

FLC plans to increase the charter capital of its Bamboo Airways by VND700 billion ($30.1 million) through an equity issue.
April 16, 2019 | 12:11 pm GMT+7
US firm begins construction of $170 mln aerospace parts factory in Vietnam

US firm begins construction of $170 mln aerospace parts factory in Vietnam

The U.S.’s Universal Alloy Corporation began construction of its $170 million Sunshine aerospace components factory in Da Nang Friday. 
March 31, 2019 | 09:48 am GMT+7
US corporation to invest $170 million in aircraft components factory

US corporation to invest $170 million in aircraft components factory

U.S. corporation UAC will manufacture aircraft components at a $170 million factory in Da Nang.
February 27, 2019 | 08:30 pm GMT+7
South Korean metro operator proposes $3 billion Da Nang urban railway

South Korean metro operator proposes $3 billion Da Nang urban railway

South Korea’s Seoul Metro Corporation has proposed a Da Nang rail network with 2 metro and 8 tramway lines. 
February 25, 2019 | 01:58 pm GMT+7
Swedish furniture giant IKEA eyes Vietnam entry

Swedish furniture giant IKEA eyes Vietnam entry

Swedish furniture retail giant IKEA plans to invest an estimated $450 million to set up a retail system and warehouses in Hanoi.
January 18, 2019 | 09:07 am GMT+7
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