VIETNAM

Opportunities arise in Vietnam due to US-China trade war

Changes in the global supply chain have occurred since the US-China trade war began in 2018. Vietnam, which shares land borders with China, has benefitted with significant increase in orders...

Asean growth “should improve” in 2020: HSBC

Asean should see further growth in 2020, thanks to a surge in public infrastructure spending and a relatively stable private consumption, though enacting key reforms this year is critical to boosting...

Nestle faces new coffee rival as Vietnam targets instant market

HO CHI MINH CITY • After quietly supplying coffee addicts their daily fix for decades, Vietnam is preparing to take on Nestle and its Asian rivals to reach them faster.

Singapore IPO value jumps four times to US$2.2b in 2019

SINGAPORE'S initial public offering (IPO) market was up four times in funds this year, boosted by four real estate investment trusts (Reits) - Prime, Lendlease, Eagle Hospitality, and ARA...

P2P lending platform Validus expands into Vietnam

VALIDUS Capital, a P2P (peer-to-peer) lending platform for small and medium-sized enterprises (SMEs), has expanded into Vietnam as its third South...

Vietnam’s tea maker seeks US$3b to become the next Red Bull

[HONG KONG] Seven years after turning down a US$2.5 billion offer from Coca-Cola Co., Vietnam's biggest homegrown beverage company is seeking a strategic partner that can invest US$3 billion to...

Opportunities in Vietnam abound

ENTERPRISE Singapore's regional director (Ho Chi Minh City) Leon Cai, and regional director (Hanoi) Hong Anh Bui Thi identify some of the key developments in Vietnam's startup scene and explain...

Ride-hailing firm Grab plans major investment in Vietnam

[SINGAPORE] Singapore-based ride-hailing firm Grab is set to invest "several hundred million dollars" in Vietnam where the company sees its next major growth market, just weeks after it unveiled a...

KiotViet raises US$6m Series A funds from Jungle, Traveloka

STORE management software firm KiotViet has raised US$6 million in Series A funding from Jungle Ventures and Traveloka, the Vietnamese startup announced on Thursday.

Govt support and young population set Vietnam's startup scene abuzz

VIETNAM, one of South-east Asia's strongest-performing economies, is emerging as a hot startup hub in the region, courtesy of its young and digitally-savvy population and a government intent on...

Vietnam-based startup Jio Health raises US$5m in Series A funding round

JIO Health, a healthtech startup based in Vietnam, has clinched US$5 million in Series A funding led by Singapore venture firm Monk's Hill Ventures.