Social commerce platform Selly raised $2.6 million in Pre-Series A
By Selly
February 09, 2022 | 09:35
Selly – a Vietnam-based social commerce platform – has raised $2.6 million in a Pre-Series A funding round from CyberAgent Capital, Do Ventures, Genesia Ventures, JAFCO Asia, and Kvision.
Technology M&A to retain booming growth in 2022
By Tuan Thuy
January 25, 2022 | 15:00
Mergers and acquisitions (M&As) in the technology sector are expected to continue with their escalating activities in 2022, helping to allure foreign capital influx into tempting sectors.
Quadria Capital invests $90 million into Vietnam's mom and baby retailer Con Cung
By Quadria Capital
January 24, 2022 | 12:08
Con Cung, a Vietnamese retail chain for maternity and baby-care products, will use the fresh funds to expand its local footprint and develop a super app for millions of Vietnamese mothers.
CapitaLand Development divests Capital Place in Hanoi for $550 million
By Bich Ngoc
January 21, 2022 | 08:54
CapitaLand Development (CLD), the development arm of CapitaLand Group, on January 20 announced the divestment of Capital Place, its international Grade A office building in Hanoi for $550 million to an unrelated third party.
BW Industrial Development JSC announces acquisition in DEEP C Industrial Zones
By BW Industrial Development
January 19, 2022 | 18:04
BW Industrial Development JSC on January 19 announced the acquisition of approximately 74,000 square metres of prime land in the Bac Tien Phong Industrial Zone in Quang Ninh, developed by DEEP C Industrial Zones.
Investment into startups soaring to a 5-year high
By Nguyen Huong
January 17, 2022 | 08:51
In the past two years, the number of transactions into startups has increased to the highest level in the past five years, reaching 108 investment deals.
Citi agrees to sell consumer segment in the region to UOB Group
By Nguyen Huong
January 14, 2022 | 11:46
Citi agrees to sell consumer segment, including its retail banking and credit card businesses, but excluding the bank’s institutional businesses in four countries.
Will AEON Group acquire MSB's consumer finance company FCCOM?
By Celine Luu
January 10, 2022 | 11:27
The Board of Directors of MSB announced the planned sale of FCCOM, and AEON Group is allegedly the most viable acquirer for MSB’s consumer finance firm.
Japan's SMFG to enhance its M&A strategy
By Luu Huong
December 28, 2021 | 10:44
Faced with bleak domestic growth prospects, Japan's SMFG is expanding its international footprint, including its presence in Vietnam.
Mitsubishi sells 15 per cent stake in Vung Ang II thermal power plant
By Oanh Nguyen
December 27, 2021 | 11:18
Shikoku Electric Power from Japan has purchased 15 per cent in Vung Ang II thermal power plant, despite the global trend to move away from coal.
M-Service becomes Vietnam's latest unicorn with valuation of more than $2 billion
By Lam Tien
December 22, 2021 | 14:00
M-Service JSC, the parent firm of MoMo, has just become the country's latest unicorn with a valuation of more than $2 billion in its Series E round.
OnMic raises fresh funds to expedite development of audio-streaming platform
By OnMic
December 22, 2021 | 13:56
OnMic, a voice-chatting and streaming platform, has recently raised an undisclosed seed round from Touchstone Partners.
MoMo bags $200 million in Series E fundraising round
By MoMo
December 21, 2021 | 11:16
MoMo raised about $200 million in equity financing from leading global investors including in its Series E fundraising round.
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