klook wraps up 210 million funding

Klook wraps up $210 million funding

On December 7, Klook, Asia’s leading platform for experiences and travel services, announced that it has successfully completed a $210 million financing, supporting business growth and fortifying its financial stability.
vietnam has the tools to lead region in ma deals

Vietnam has the tools to lead region in M&A deals

Vietnam continues to be an attractive destination for overseas funding from other Asian countries, and potentially more from further afield. Pham Ngoc Bich, managing director of Corporate Finance at Ho Chi Minh Securities, provided insight to VIR’s Celine Luu on the evolving landscape of Vietnamese mergers and acquisitions.
guarantco and standard chartered collaborate on climate action

GuarantCo and Standard Chartered collaborate on climate action

GuarantCo and Standard Chartered have signed a MoU announcing the intention to develop a climate-focused deal framework that aims to increase funding opportunities in Vietnam and accelerate climate action.
igloo raises 36 million in funding

Igloo raises $36 million in funding

Igloo, an insurtech firm headquartered in Singapore, has successfully concluded its Pre-Series C funding round, securing a substantial $36 million.
repairing balance sheet to return to profitable growth

Repairing balance sheet to return to profitable growth

Amidst the complexities of Vietnam’s market in 2023, where sectors such as manufacturing and exports are marked by promising growth over the next 5-10 years, the economic landscape is a mosaic of opportunities. These medium-term prospects, however, coexist with a prevailing air of uncertainty and even financial distress, driven by global events such as high US interest rates, the Russia-Ukraine conflict, the Israel-Hamas conflict, and challenges in Vietnam’s real estate and funding market.
electricity plans take shape for 2024

Electricity plans take shape for 2024

The government is being urged to improve the supply of electricity for production and business activities, with warnings that power shortages could continue undermining the economy’s efforts to garner new funding from abroad.
roadblocks to be torn down in policy

Roadblocks to be torn down in policy

Equity investors and management authorities have great expectations for the National Assembly’s upcoming discussion, which should give the nod to policies for pilot implementation pertaining to funding Vietnam’s road system.
substantial funding backs up spc flooring opportunities

Substantial funding backs up SPC flooring opportunities

Imports of stone-polymer composite (SPC) flooring into the US market has declined, creating an opportunity for non-Chinese manufacturers like Neo Floor. VIR ‘s Van Nguyen discussed this with Neo Floor CEO Le Quang.
big city startups make waves in funding rounds

Big-city startups make waves in funding rounds

Vietnamese startups, particularly in the largest cities, are witnessing significant international investments, reflecting the country’s rising prominence and commitment to innovation.
singapores protos labs bags 22 million to fund expansion in vietnam

Singapore's Protos Labs bags $2.2 million to fund expansion in Vietnam

Protos Labs, a Singapore-based cyber risk management company, has wrapped up a seed round funding of nearly $2.2 and plans to venture into Vietnam.
global tax shift forces inevitable adjustment

Global tax shift forces inevitable adjustment

As the country adapts to the global minimum tax, Vietnam’s future as a prime investment destination is under the lens. Duong Hoang, partner and head of Tax at KPMG in Vietnam, offered VIR’s Luu Huong insights into this transformative phase, highlighting the synergies between Vietnam’s tax strategy and its quest to remain a magnet for foreign funding.
chinese activity a strong part of enhancing investment

Chinese activity a strong part of enhancing investment

China has surpassed South Korea and Japan to become the second-largest foreign investor in Vietnam this year. Seck Yee Chung, partner at Baker McKenzie Vietnam, discussed with VIR’s Thanh Van about the Chinese funding that is ramping up in Vietnam.
aircity secures seed funding from south korean fund sopoong

AirCity secures seed funding from South Korean fund Sopoong

AirCity, a Vietnamese tech-driven startup specialising in building management, announced an undisclosed seed round investment from South Korean-based Sopoong Ventures on October 3.
ttg steps up green energy and emission cut ambitions

TTG steps up green energy and emission cut ambitions

Tin Thanh Group is known in Vietnam for its saturated steam production for industries such as food processing, rubber, paper production, packaging, and textiles, and a billion-dollar injection will help it towards a greener direction.
bain capital leads masan groups equity funding round

Bain Capital leads Masan Group's equity funding round

Bain Capital, a leading private investment firm with approximately $180 billion of assets under management, has agreed to invest at least $200 million of equity capital into Masan Group Corporation (HSX: MSN).