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Vietnamese startups bag $35.7 million in first quarter of 2024

02-04-2024 16:40

Vietnam's tech ecosystem received total funding of $35.7 million in the first quarter of 2024, according to a report released by Tracxn Technologies on April 2.

Indonesia expands startups’ access to financing

28-03-2024 16:21

Indonesia’s Cooperatives and Small and Medium Enterprises Ministry has continued to exert efforts to expand access to financing and investment to the country’s startup companies, Minister Teten Masduki said on March 27.

Agritech startup Techcoop raises $5 million

22-03-2024 15:36

With financing from local VC firm Ascend Vietnam Ventures (AVV) and Singapore-based VC firm TNB Aura, agritech startup TechCoop Pte. Ltd. secured over $5 million in equity and debt from local banks on March 21. Ethos Ventures, South Korean impact investor MYSC, and Mandala Capital also participated in the fundraising.

Japan's NTT e-Asia invests in Vietnamese digital ads platform provider AWING

19-03-2024 10:46

Japan's NTT e-Asia Corporation signed an agreement with AWING Technologies and Media JSC on March 15 to operate an ad-monetisation platform connecting multiple Wi-Fi owners and advertisers in Vietnam, aiming at expanding business overseas.

Generative AI revolution powered by Asia-Pacific startups

12-03-2024 17:15

Startups have consistently been at the cutting edge of innovation, and in the age of generative AI, they are poised to harness this technology to transform customer experiences and the way we work.

Innovation startups eager for further supporting policies

08-03-2024 12:00

While innovation startups and businesses seek supporting policies to further develop, more moves are nevertheless being planned. Pham Hong Quat, director general of the National Agency for Technology Entrepreneurship and Commercialisation Development under the Ministry of Science and Technology, discussed with VIR’s Bich Thuy what these moves entail.

Fintech startup 1Long secures $500,000 in funding

27-02-2024 11:13

Vietnam-based fintech platform 1Long announced on February 26 that it has secured $500,000 in a pre-seed funding round with the capital coming from a consortium of investors, including Iterative, Monk’s Hill Ventures, R2VP, and Orionis Capital.

Citi uniquely positioned to bring a global network across Vietnam

05-02-2024 16:42

There are various barriers in terms of liquidity and the funding ecosystem for startups in the region. Udhay Furtado, co-head of Asia Equity Capital Markets at Citi, talked to VIR’s Linh Le about Asia’s capital market performance and emphasises Vietnam’s attractiveness.

Innovation for future communities

29-01-2024 06:00

Official development assistance can act as the playing field for nations. Vietnam is no exception, having benefited from such assistance over the years in the building of many structures and systems up and down the country. Now, the Korea International Cooperation Agency, which launched the Creative Technology Solution programme several years ago with the idea of attracting entrepreneurs and startups to work on solving complex developmental challenges, offers new examples of innovators in the development cooperation space and how they meet evolving challenges for Vietnam’s future.

USAID WISE supports human resources for innovation and startups

24-01-2024 10:53

USAID WISE, which covers improving basic digital literacy skills, developing a diverse, demand driven, private-sector-led market for upskilling and reskilling, and providing innovative financing solutions, has already organised more than 300 training courses and workshops.