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Bain Capital invests $200M in Vietnam conglomerate Masan
U.S. private equity firm Bain Capital has made its first investment in Vietnam, with at least $200 million in the Masan Group conglomerate, and could bring in other investors to raise that to $500 million, the firms said on Monday.
More investments from South Korea coming to Vietnam
A number of large enterprises from the South Korea are continuing to pour investment into Vietnam, turning the Southeast Asian country into their leading manufacturing hub in the world.
English teaching app ELSA secures $20M funding
English teaching startup ELSA, known for its AI-powered pronunciation checking app, has raised US$20 million in a new funding round, according to DealStreetAsia.
September 12, 2023 | 11:49 pm PT
Vietnam, US agree to turn investment, innovation into pillar of new partnership
Vietnamese Prime Minister Pham Minh Chinh and U.S. President Joe Biden agreed on Monday to turn technology, innovation, and investment into an important pillar of the countries' comprehensive strategic partnership.
September 11, 2023 | 12:43 am PT
Vietnam listed as future key destination for S Korean firms
Vietnam is emerging as a key destination in the future business strategy of enterprises from South Korea, a survey has shown.
September 7, 2023 | 07:33 pm PT
India encourages large firms to invest in Vietnam
India Prime Minister Narendra Modi has encouraged large companies to invest in Vietnam with focus on digital transformation and energy.
September 7, 2023 | 04:30 am PT
IFC commits nearly $1.9B in Vietnam investment
The International Finance Corporation (IFC), a unit of the World Bank, has committed to investing nearly $1.9 billion in Vietnam through the 2023 financial year.
September 6, 2023 | 05:00 pm PT
Vietnam receives rising interest from Western European, American investors
Vietnam is seeing rising foreign direct investment from Western Europe and the U.S., especially in renewable energy, an official has said.
August 25, 2023 | 04:00 am PT
Foreign firms expand investment into Vietnamese furniture market
Lower tariffs, easy trading environment, convenient logistic services, and a wide range of materials for manufacturing furniture make Vietnam a promising hub of furniture manufacturing, according to market research company Mordor Intelligence.
August 8, 2023 | 04:30 am PT
Singapore wealth fund GIC eyes Vietnam among potential investment destinations
Singapore sovereign wealth fund GIC is eyeing to invest more in Vietnam and other Asian markets as businesses shift their production outside of China.
July 26, 2023 | 06:52 am PT
Fintech startup GIMO completes $17M fund-raising round
Vietnam-based fintech startup GIMO, which seeks to provide flexible salary payments to blue-collar workers, has completed its Series A funding round, raising $17.1 million.
July 24, 2023 | 03:14 pm PT
US offers to help Vietnam make microchips
U.S. Treasury Secretary Janet Yellen has said her country is willing to assist Vietnam in producing semiconductors and improving its renewable energy capacity.
July 20, 2023 | 06:47 pm PT
Intel to pour more investment in Vietnam
Intel Corporation will continue to invest in Vietnam, Kim Huat Ooi, Vice President in Manufacturing, Supply Chain and Operations, and General Manager of Intel Products Vietnam told Tuoi Tre (Youth) Newspaper.
July 11, 2023 | 11:16 pm PT
Agritech firm FoodMap raises $1M
Vietnamese agritech company FoodMap has raised $1 million in a bridge round from foreign investors to expand its presence to new markets.
June 28, 2023 | 03:31 pm PT
Singapore firm to expand ownership in Vietnamese logistics provider
Singaporean company PSA Cargo Solutions Vietnam Investment plans to continue increasing its stake in Vietnam’s logistics provider South Logistics Joint Stock Company (Sotrans).
June 27, 2023 | 12:16 am PT
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