long term potential ahead for local tech startup scene

Long-term potential ahead for local tech startup scene

Vietnam’s startup ecosystem continues to be a darling for foreign ventures funds and angel investors. However, the flow of fresh funds into the market might be dampened by the rapidly escalating global health emergency. Eddie Thai, partner at US-headquartered venture capital firm and incubator 500 Startups, outlined to VIR’s Thanh Van his insight into Vietnam’s startup ecosystem amidst the crisis and his fund’s plan in 2020.
investment in vietnam based start ups grows sharply in 2019

Investment in Vietnam-based start-ups grows sharply in 2019

Investment in Vietnam-based start-ups grew sharply in 2019, according to Singapore-headquartered venture capital firm Cento Ventures.
vietnams booming fintech funding on singapores heels

Vietnam’s booming fintech funding on Singapore’s heels

Vietnamese financial technology startups are quickly catching up with Singapore in attracting Southeast Asian venture capital funding, according to the Japan-based Nikkei Asian Review.
vrdf 2019 leveraging innovation to overcome the middle income trap

VRDF 2019: Leveraging innovation to overcome the middle-income trap

Speakers at Vietnam Reform and Development Forum (VRDF) 2019 suggested calling for more investment into tech startups to leverage innovation and overcome the middle-income trap, entering a new stage of development.
vrdf 2019 more investment in startups via venture capital funds

VRDF 2019: more investment in startups via venture capital funds

Experts at the Vietnam Reform and Development Forum (VRDF) 2019 suggested the government to use the state budget to invest in technology startups through venture capital funds, arguing that it would create fresh momentum for the fledgeling startup ecosystem.
facilitating venture capital towards vietnamese startup development

Facilitating venture capital towards Vietnamese startup development

Vietnam is working hard to unclog financial resources to develop a knowledge-based digital economy amid the wide influences of Industry 4.0. Nguyen Chi Dung, Minister of Planning and Investment, discussed with VIR how to lure in more venture capital funds in innovation in order to motivate economic growth in the months to come.
action plan trio to boost innovation

Action plan trio to boost Innovation

With growing interest among domestic and international venture capital funds, the Vietnamese government is now making the first concrete moves to unlock the resources for the development of a startup ecosystem, opening up a new chapter for the market.
private equity and venture forum attracts investment into vietnam

Private equity and venture forum attracts investment into Vietnam

The Vietnamese economy possesses a lot of potential for foreign investment in a range of fields such as e-commerce, finance and banking, logistics, healthcare, education, and consumption, Jeff Olson, managing partner in Vietnam at Hogan Lovells, told the Private Equity & Venture Forum 2019 organised by Asian Venture Capital Journal (AVCJ) in Ho Chi Minh City on May 23.
500 startups announces vietnam fund oversubscribed

500 Startups announces Vietnam fund oversubscribed

500 Startups, a global seed stage venture capital firm, yesterday (November 19) announced the closing of its first Vietnam fund with over $14 million in committed capital, surpassing its original target of $10 million. The Vietnam fund, led by Eddie Thai and Binh Tran, is on a mission to back Vietnam’s next great tech startups.
vinacapital launches fund to foster regional tech startups

VinaCapital launches fund to foster regional tech startups

Investment fund VinaCapital launched its $100 million venture capital arm on August 30, aspiring to build billion-dollar startups that can expand outside Vietnam.
investment paradise vietnam catches eye of silicon valley venture capital firm

Investment-paradise Vietnam catches eye of Silicon Valley venture capital firm

Silicon Valley-based Fenox Venture Capital announced intentions to pour capital into Vietnam after immense investments in Indonesia in the last several years.
scg to drive innovation and technology in digital age

SCG to drive innovation and technology in digital age

SCG announced that its strategic focus is to connect enterprises from around the world to collaborate and create innovations as well as investing in startups through world-class venture capital, utilising technology to strengthen its business in response to digital transformation, after publishing its operating results of the first nine months of 2017, showing a slight decrease in profit compared to the same period of the previous year.
uber investor sues to force former ceo kalanick off board

Uber investor sues to force former CEO Kalanick off board

SAN FRANCISCO: Venture capital firm Benchmark Capital is suing former Uber Chief Executive Officer Travis Kalanick to force him off the board of the ride services company and rescind his ability to fill three board seats, according to the lawsuit.
vietnam growing in appeal among global investors

Vietnam growing in appeal among global investors

Vietnam’s ecosystem possesses a lot of potential for investment, especially because of its political stability, Mr. Joshua I. Chung, Vice President, M&A and Sponsor Finance at Sumitomo Mitsui Banking Corporation, told the “Private Equity & Venture Forum Vietnam 2017” organized by the Asian Venture Capital Journal (AVCJ) in Ho Chi Minh City recently.
sme foundation to provide support to startups

SME foundation to provide support to startups

The Government's Small and Medium Enterprise Development Foundation (SMEDF) could provide support to startups in the form of venture capital and crowd funding, according to a draft decision.