VIETNAM

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.

Grab to appeal against ruling to compensate Vietnam taxi company

HANOI • A Vietnam court last Friday ordered ride-hailing app Grab to pay a cab company more than US$200,000 (S$273,000) for losses incurred due to competition - a judgment blasted by the firm as "...

Singapore firms show resurgent interest in Vietnam

SINGAPORE firms are looking towards Vietnam again, after an earlier wave of interest was disrupted by the global financial crisis and a domestic slowdown.

Vietnam is good for smart cities, clean energy

VIETNAM offers strong growth prospects for Singapore companies, especially in the clean energy, smart cities and digital economy sectors, said Minister for National Development Lawrence Wong.

Vietnam's privatisation drive 'offers potential for S'pore investors'

BIG buy-ins by Singapore-listed heavyweights have recently turned the spotlight onto Vietnam's state-owned companies.