Pressroom

Many Vietnamese edtech firms are being invested

CoderSchool is a startup in the field of educational technology. This educational technology startup specialises in teaching online programming in Vietnam. This educational technology startup successfully raised $2.6 million in pre-seed capital. This pre-seed round was led by Monk’s Hill Ventures. This round of funding also includes the participation of investors, such as Iterative, XA […]

Korean companies are increasing their presence in SEA

Korean startups increase their presence in Vietnam In 2019, the Korean Capital Government (SMG) plans to put Seoul in the Top 5 of the world’s leading startup centers. SMG has opened a startup support center in Hochiminh City. This is the strategy to realise this goal. SMG has been implementing a series of activities. These […]

Pay-later service Fundiin raised capital from investors

Fundiin is the leading buy-now, pay-later (BNPL) service provider in Vietnam. This provider, who just completed funding from 1982 Ventures and Zone Startups Ventures, has closed another seed round. This round has the participation of Genesia Ventures, JAFCO Asia, Trihill Capital. The round also has former Affirm’s senior managers (Xffirmers). Pham Le Nhat Quang and […]

Insurtech investments are being promoted in Vietnam

VinaCapital Ventures invested in the insurtech startup GlobalCare VinaCapital Ventures invested an undisclosed amount in the insurtech startup GlobalCare. Hoang Duc Trung, Director of VinaCapital Ventures said that GlobalCare was a model startup they wanted to invest in. Vietnam’s non-life insurance segment reached about 2.3 billion USD in 2019. “We believe GlobalCare has enough position […]

Chain of supply maintained due to Vietnamese businesses

Supermarkets chain administrator launches a food ordering app Central Retail Vietnam is a multi-industry retail group. This is the unit that owns and directly manages the chain of many supermarket and hypermarkets such as GO!, Big C, Tops Market. This unit launched the BIPBIP app to order food with simple operations to purchase and pay. […]

Bitexco Group acquires the right to exploit two oilfields

Bitexco Energy is a subsidiary company of Bitexco Group. This subsidiary is a company wholly owned by Bitexco Group. The company has just announced that it has signed an agreement with Repsol Exploración SA. This agreement is signed for the acquisition of all the shares of Repsol in Talisman Vietnam. Talisman Vietnam is a company […]

Twelve Bamboo Airways’ flights to the US are licenced

On September 7, 2021, Bamboo Airways said it had been licensed by the US TSA. The Airways will operate twelve direct flights between Vietnam and the US from September to November 2021. The departure and landing points will be key international airports. These airports are Noi Bai, Da Nang in Vietnam; San Francisco, Los Angeles […]

Two tech “giants” expand their production in Vietnam

Samsung Display expand its factory in Bac Ninh Samsung Display unit will expand its factory in Bac Ninh late 2021. The goal is to put it into operation at the end of 2021 or early 2022 at the latest. After the expansion, Samsung will be able to produce 25 million Z Fold and Z Flip […]

Purchase-later services arise, Vietnam is targeted

Former banker founded a billion-dollar purchase-later service Russell Cummer used to be a credit trader at Goldman Sachs in Tokyo (Japan). Despite working at a bank, Russell was not issued a credit card. This is a common problem in Japan. Especially for young people with no credit history. Russell decided to start a purchase-later service […]

B2B platforms and BNPL services highlighted last week

Viettel Post launches the online “people’s market” model Vo So Recently, the e-commerce platform Vo So (“seashell” in Vietnamese) was officially launched. Vo So launched 63 websites for household shopping in 63 provinces/cities nationwide. These sites help people access food and daily food. However, the access still ensures anti-epidemic requirements. Since July 2021, Vo So […]