south korean financial super app toss raises 410 million betting on vietnam

South Korean financial super app Toss raises $410 million, betting on Vietnam

Viva Republica, the operator of popular South Korean financial app Toss, has raised $410 million in its latest funding round, with a valuation of $7.4 billion. The fresh funds will be used to expand in overseas markets, including Vietnam.
katalon raises 27 million in series a funding led by elephant partners

Katalon raises $27 million in Series A funding led by Elephant Partners

Katalon Inc., the provider of a leading test automation platform, announced the closing of $27 million in series A funding led by Elephant Venture Capital.
deeper funding key for agri processing

Deeper funding key for agri-processing

As the oversupply of raw agri-products has been threatening local farmers and exporters, especially amid logistical issues caused by COVID-19, plans for deeper processing and added value are targeted by most stakeholders, aiming to transform Vietnam into one of the world’s most important agri-product hubs.
apple shores up vietnam supply chain

Apple shores up Vietnam supply chain

Apple suppliers in Vietnam, already on the increase since the US-China trade war kicked off, are continuing to bulk up operations here with added funding and heightened relocation efforts.
modern strategies vital for agricultural funding surge

Modern strategies vital for agricultural funding surge

As the country tries to drum up interest in high-tech agriculture, overseas investors preferring to invest in the sector via mergers and acquisitions are hoping to receive adequate support from state authorities, instead of purely waiting for changes in regulations.
indonesia needs 247 billion usd to achieve climate change goals

Indonesia needs 247 billion USD to achieve climate change goals

Indonesia needs funding of 247 billion USD or approximately 3.461 trillion rupiah to meet its climate-change commitments under the Paris Agreement for the 2018-2030 period, according to the country’s Second Biennial Update Report 2018.
reboot required for high tech funding

Reboot required for high-tech funding

Foreign investment flows into Vietnam’s high-tech sector remained lacklustre in the first five months of 2021, falling behind in meeting national expectations and forcing the country to change its approach.
companies eager to take pandemic vaccine initiative

Companies eager to take pandemic vaccine initiative

A number of international businesses in Vietnam are seeking a licence for COVID-19 vaccination and RT-PCR test kit imports out of their own pocket in order to take the initiative in funding and to accelerate the government’s vaccination drive.
ifc cooperates with ree to support wind projects to advance renewable energy in vietnam

IFC cooperates with REE to support wind projects to advance renewable energy in Vietnam

As Vietnam transitions to cleaner low-carbon power generation to help meet the country’s growing demand for electricity, the International Finance Corporation (IFC), a member of the World Bank Group, is funding the development and construction of two wind power projects in Central Vietnam.
vietnam railways saved with allocation of maintenance funding

Vietnam Railways saved with allocation of maintenance funding

The railway industry is now back on a firm track as the prolonged troubles over state funding for railway maintenance have been averted.
qualgro funding to enable bizzi to meet government backed e invoices demand

Qualgro funding to enable Bizzi to meet government-backed e-invoices demand

Bizzi, a Vietnam-based accounts payable automation software as a service provider, on May 21 announced it has raised nearly half a million dollars in a round led by Singapore-based investor Qualgro, with participation from existing investor 500 Startups Vietnam.
key maritime projects stuck in the mud without public funds

Key maritime projects stuck in the mud without public funds

Four urgent maritime projects might need to wait for other sources of funding to get off the drawing board, as the Vietnam Maritime Administration was required to return their funding to the state coffers. 
adb proposes ending funding for coal power plants

ADB proposes ending funding for coal power plants

The Asian Development Bank (ADB) will stop financing new coal power plants, the main source of power supply in developing countries, under a draft energy policy released earlier this week.
questions over air titans funding plans

Questions over air titans’ funding plans

While Vietnamese airlines are looking at  fundraising on the stock market as a way to shelter from financial storms, the possibilities of making it a success remain narrow.
creaking infrastructure bites into rail networks potential

Creaking infrastructure bites into rail network’s potential

As there is yet to have a solution to the long-existed allocation of state funding for railway maintenance, stakeholders are expected to face possible hardships if trains are derailed, urging the government to soon take actions to help the industry sidestep the impasses.