vietnamese fintech startups secure a mere 62 million funding in 1h2023

Vietnamese fintech startups secure a mere $6.2 million funding in 1H/2023

Vietnam's records experienced a significant decline in fintech funding, with the total amounting to a lower-than-expected $6.2 million in the first half of 2023.
vietnams fintech landscape poised for significant growth

Vietnam's fintech landscape poised for significant growth

Despite a drop in funding, Vietnam will continue to breed fintech unicorns in the long-term.
major role to play for fresh investment channels amid shifting funding flows

Major role to play for fresh investment channels amid shifting funding flows

The global economy is experiencing rapid and complicated changes, and businesses in particular are “swimming in the vortex”. Thai Viet Dung, director of Exness Vietnam, told VIR’s Hara Phuong about the pros and cons of seeking new investment channels.
visibility opening up for vc funds

Visibility opening up for VC funds

Amid declining venture capital funding in Southeast Asia this year, experts nevertheless remain optimistic about Vietnam’s startup potential to rebound.
ascend vietnam ventures leads 1 million funding for singapores ai edtech cerebry

Ascend Vietnam Ventures leads $1 million funding for Singapore's AI edtech Cerebry

Singapore-based AI-education startup, Cerebry, has announced a $1 million seed funding round to boost the reach of its AI-tutoring product for students and test-prep candidates in Vietnam and other Asian markets.
social impact business finalists receive tech and financial support

Social impact business finalists receive tech and financial support

Thirty social impact business (SIB) finalists will receive a tailored six-month, one-on-one coaching service along with VND100 million ($4,260) as seed funding.
policy credit provides fulcrum to elevate ambitions

Policy credit provides fulcrum to elevate ambitions

The funding that supports employment creation by Vietnam Bank for Social Policies (VBSP) has had a positive influence on the use of seasonal workers in Son La province, contributing to altering their subsistence way of life and improving living standards.
danang ramps up tactics for influx of foreign investment

Danang ramps up tactics for influx of foreign investment

Nations like Japan are making a mark in registered capital in the central city of Danang, with over $1 billion spent across more than 220 projects, and is the foundation for the city to lure in more effective funding in general.
vietnams fintech gimo secures 171 million in series a funding

Vietnam’s fintech GIMO secures $17.1 million in Series A funding

GIMO, a prominent Vietnam-based fintech specialising in providing flexible pay and financial wellbeing solutions for under-banked workers, has just announced the successful completion of its Series A funding round, securing a substantial capital raise of up to $17.1 million.
tra vinh goals bear fruit for green funding

Tra Vinh goals bear fruit for green funding

Tra Vinh province in Vietnam’s Mekong Delta has seen breakthroughs in the local investment climate, for the first time climbing in the top 30 localities in provincial competitiveness and simultaneously topping the nation’s green index.
road for health funding must be clear

Road for health funding must be clear

Vietnam’s law on public-private partnerships, despite opening up numerous opportunities for the deployment of various projects, still consists of several obstacles that prevent investors from pouring capital into healthcare in this country.
vietnamese edtech startup vuihoc secures 6 million in funding round led by tnb aura

Vietnamese edtech startup Vuihoc secures $6 million in funding round led by TNB Aura

The Vietnamese edtech startup, Vuihoc, has successfully raised $6 million in its latest funding round, with TNB Aura – a prominent venture capital firm – taking the lead.
digital bank timo bolsters position with fresh 10 million investment

Digital bank Timo bolsters position with fresh $10 million investment

Timo, a prominent digital bank in Vietnam, has just garnered an additional $10 million of funding from its current shareholder base, according to insider reports gathered by DealStreetAsia.
virtual insurer onedegree raises 27 million for asian expansion

Virtual insurer OneDegree raises $27 million for Asian expansion

Hong Kong-based virtual insurer OneDegree has secured $27 million in funding to fuel its expansion in Asia, with Vietnam identified as an important market for its technology platforms and insurance offerings.
vbsp lang son lending helping hand to people in need

VBSP Lang Son lending helping hand to people in need

With funding support from Vietnam Bank for Social Policies's (VBSP) Lang Son branch, increasing numbers of local residents have acquired pleasing accommodation thanks to contributions to provincial development.