Investment in startups up 48 pct

Kobiton, a U.S.-based mobile testing platform developed by a Vietnamese engineering team, has raised $5.2 million in its Series A round.

E-commerce firm Tiki has acquired ticketing startup Ticketbox to have a foot in Vietnam's entertainment industry as it seeks to attract more online shoppers.

A survey says 25.7 percent of young Vietnamese want to work for themselves, with tech growth fuelling entrepreneurship.

Vietnamese startup KiotViet has raised $6 million in a Series A funding round from Singaporean venture fund Jungle Ventures and Indonesian unicorn Traveloka.

Singapore- and India-based education investment fund Kaizen Private Equity has invested $10 million in English teaching institute YOLA.

Vietnamese startup I Love Asia Tour, which provides female motorbike tours in Vietnam and Laos, is planning to enter Cambodian market next month.

India’s largest hospitality company OYO plans to invest $50 million in Vietnam, looking to benefit from the country’s tourism boom.

Two aspiring startups, Ecom Easy Asia and Ninjaman, won the KVision x VIISA Hackathon 2019 held June 28-30 in HCMC.

NextPay, formed by the merger of Hanoi-based payment startups Vimo Technology and Vietnam mPOS Technology, will raise $30 million.

Eighteen venture capital funds Monday committed a combined $425 million for Vietnamese startups over the next three years.

Vietnamese online-education company Kyna has been chosen by Google for the final round of its 2019 Demo Day Asia.

Luxstay has raised $4.5 million from South Korean retailer GS Shop and venture capitalist Bon Angels in its bridge round.

Startup Soya Garden has raised another $2.4 million as it seeks to expand further in the healthy beverages market.