vietnams tech startups secure 50 million in funding in q3

Vietnam's tech startups secure $50 million in funding in Q3

In the third quarter of 2023, Vietnam's tech startups secured a total of $50.1 million in funding—a tremendous 504 per cent increase compared with the second quarter of 2023, according to a report by Tracxn, a leading global SaaS-based market intelligence platform.
tin thanh group receives 64 billion to build factories in vietnam and us

Tin Thanh Group receives $6.4 billion to build factories in Vietnam and US

A sum of $6.4 billion was invested in Tin Thanh Group, a pioneer in using renewable energy and reducing global emissions, by Acuity Funding on September 25 to implement one manufacturing project in Vietnam and two others in South Carolina in the United States.
gene solutions secures 21 million to facilitate expansion in southeast asia

Gene Solutions secures $21 million to facilitate expansion in Southeast Asia

Gene Solutions, a rapidly growing biotechnology firm in Vietnam, has wrapped up a $21-million Series B funding round.
road safety charity irap to receive 2 million from google

Road safety charity iRAP to receive $2 million from Google

The International Road Assessment Programme (iRAP) is to receive $2 million in funding and additional support from Google’s philanthropic arm, Google.org, to provide children with a safer journey to school.
funding freeze thaws tech startup ambitions

Funding freeze thaws tech startup ambitions

Many technology startup projects are still struggling to survive as the funding winter is expected to continue for at least the next year.
us supports vietnam in air traffic management

US supports Vietnam in air traffic management

The Vietnam Air Traffic Management Corporation (VATM) and the United States Trade and Development Agency (USTDA) on September 11 signed a funding agreement on technical support on building advanced concepts of operations (ConOps) and functional requirements for air traffic management automation system and requirements of air traffic flow management system in Vietnam.
no more business as usual within asean

No more business as usual within ASEAN

ASEAN member states have committed to creating a more competitive investment environment, as Vietnam tries to lure more funding from the bloc and its partner countries.
vietjet and carlyle group sign a mou for aircraft funding worth 550 million

Vietjet and Carlyle Group sign a MoU for aircraft funding worth $550 million

Vietjet and Carlyle Group, a US-based financial entity, signed an aircraft finance agreement worth $550 million during US President Joe Biden's official visit to Vietnam.
vietnam sees a low rate of technology transfer from fies

Vietnam sees a low rate of technology transfer from FIEs

Vietnamese authorities highlighted the significant role of overseas funding in the nation's economic transformation and focused on the need to improve technology transfer mechanisms.
ifc helped smes farmers and women in business in fy2023

IFC helped SMEs, farmers, and women in business in FY2023

Despite the recent economic challenges, climate projects, smaller businesses, women, and farmers in the Asia-Pacific region have benefited from record amounts of funding from International Finance Corporation (IFC), with Vietnam among the top five countries for long-term investment in the region.
imminent sandbox to offer boost for fintech environment

Imminent sandbox to offer boost for fintech environment

New regulations are around the corner for the fintech sector, after the first half of the year saw a substantial reduction in funding by 67 per cent compared to the same period last year.
food groups leaning into greener funding

Food groups leaning into greener funding

Green development is becoming a mandatory choice for food businesses, bringing them practical value in terms of both economics and branding.
vietnam village project in rok to get koreas funding

Vietnam village project in RoK to get Korea's funding

The Government of the Republic of Korea (RoK) will provide some 200 million KRW (151,000 USD) for the development of a Vietnam village in Bonghwa county, North Gyeongsang province, in 2024.
public spending rise may become catalyst

Public spending rise may become catalyst

Vietnam’s attraction of investment and economic growth are being undermined by a lack of high-quality infrastructure works that require more funding from the government.
mfast bags 6 million in series a round

MFast bags $6 million in Series A round

Vietnamese financial product distribution platform, MFast, has secured $6 million in a Series A funding round led by Wavemaker Partners, with plans to expand into the Philippines in 2024.