vietnamese unicorn vng targets 100 million in funding round to fuel expansion

Vietnamese unicorn VNG targets $100 million in funding round to fuel expansion

VNG Corporation, a prominent Vietnamese internet company supported by Singapore's sovereign wealth fund GIC, is pursuing a fresh funding round with the goal of raising $100 million.
poring over the limitations in managing foreign funding

Poring over the limitations in managing foreign funding

Foreign investment has been contributing to helping Vietnam implement the country’s industrialisation and modernisation strategy. Furthermore, the economic values created have helped Vietnam solve various social problems, such as poverty reduction, social evils, and inequality. However, there are many limitations in both attracting and managing such investment.
wider interest raised through asean deals

Wider interest raised through ASEAN deals

With ASEAN expected to see a brighter investment outlook ahead, further facilitation of a more competitive facilitation environment leveraged by trade deals is helping Vietnam attract more funding from nations such as Thailand, Singapore, and Japan.
hanoi metro station plan hits new brakes

Hanoi metro station plan hits new brakes

Both the timeline and the funding policy for part of Hanoi’s metro line is to be extended, setting back completion of the route by several years.
enhancing functionality in infrastructure

Enhancing functionality in infrastructure

Funding Vietnam’s infrastructure can yield significant rewards for foreign investors, given the country’s increasing demand for modernised infrastructure. Edward Clayton, partner and leader of Capital Projects and Infrastructure at PwC Vietnam and Malaysia, unravelled the intricacies of investing in Vietnam’s infrastructure with VIR’s Le Luu.
new measures on tap for funding swell

New measures on tap for funding swell

Vietnam has reaffirmed its efforts to support foreign investors who develop long-term, sustainable, and environmentally responsible business strategies in the country.
significant funding pumped into educational startups

Significant funding pumped into educational startups

Despite forecasts that the global economic situation may negatively impact the startup market, the edtech sector in Vietnam is still flourishing due to increased investment in education, affordable internet costs, and advancements in industry technologies.
tourism real estate groups seeking pastures new

Tourism real estate groups seeking pastures new

The tourism real estate sector is looking to emerge from the recent downturn by finding fresh funding sources.
building a team to make most of funding in vietnam

Building a team to make most of funding in Vietnam

Vietnam witnessed slow foreign investments in Q1. Matthew Lourey, managing partner of professional corporate services company Acclime, shared his insight to VIR’s Hong Nhung about the inflow of this kind of funding into the country in the months to come.
vietnamese edtech mindx secures 15 million in its series b

Vietnamese edtech MindX secures $15 million in its series B

Vietnamese edtech startup MindX has raised $15 million in a series B funding round to continue its mission of nurturing and empowering Vietnamese innovators to address global challenges through technology.
sustainable results to stem from collaborations

Sustainable results to stem from collaborations

A number of Vietnamese lenders are seeking partnerships with international financial institutions for funding, particularly in sustainable development.
alternatives needed if bank crisis threatens to spread

Alternatives needed if bank crisis threatens to spread

As Western governments work overtime to quarantine the collapse of Credit Suisse, Silicon Valley Bank, and others, the impacts are likely to spread and project managers will need to look for innovative alternative funding sources.
vietnam to expand petroleum stockpiles to 75 80 days of net imports

Vietnam to expand petroleum stockpiles to 75-80 days of net imports

Deputy Prime Minister Tran Hong Ha has said the $11.5 billion investment capital needed to establish a petroleum reserve infrastructure system by 2030 will see the majority of the funding come from outside the federal budget.
little wallet secures pre seed funding of 16 million

Little Wallet secures pre-seed funding of $1.6 million

Little Wallet, a fintech company headquartered in Singapore, has secured $1.6 million in pre-seed funding led by Tikaani Partners.
kredivo closes 270m series d equity round

Kredivo closes $270m Series D equity round

Kredivo Holdings (formerly known as FinAccel), the parent company of Kredivo and Krom Bank Indonesia, has announced it has raised $270 million in equity financing in a significantly oversubscribed round in its Series D funding phase.