Tech

Vietnam’s Propzy raises $25mln Series A led by SoftBank Ventures Asia

Vietnamese offline-to-online real estate platform Propzy has raised a $25 million Series A led by Gaw Capital and SoftBank Ventures Asia, a venture arm of Japanese SoftBank Group, TechCrunch reported.

Digital economy expected to contribute 20 percent of GDP by 2025

Vietnam targets digital economy to contribute 20% of GDP over the next five years, according to the national digital transformation programme until 2025 signed by Prime Minister Nguyen Xuan Phuc on Wednesday.

JobHopin should be a Bunny, not Vietnam’s second unicorn, CEO Kevin said

Kevin Tung Nguyen, CEO and founder of JobHopin, said several people want to “throw a lot of money” to the company, but large funding is not what he is looking for.

Vietnam to pilot fintech operations in banking, allowing P2P lending

Vietnam’s central bank plans to receive applications and approve credit institutions to apply fintech in seven banking services, including peer-to-peer lending from 2021, according to regulator’s draft proposal to the Government.

Getting 100% growth from COVID-19, Vietnam’s Voiz FM receives 500 Startups ...

Voiz FM, Vietnam's audiobook and podcast network, which reported 100% growth when the country applied social distancing campaign, said it has received an undisclosed amount of seed funding from 500 Startups.

Facebook assists Vietnam in developing digital economy

Facebook has launched a campaign dedicated to supporting Vietnam in boosting its digital transformation.

Vietnam’s e-commerce firms Tiki and Sendo agree to merge amid losses

E-commerce platforms Tiki and Sendo, backed by JD.com and SoftBank have agreed to merge their businesses, Deal Street Asia cited information from people privy to the matter.

Vietnamese property app Hoozing gets Smilegate backing

Hoozing, a Vietnamese startup that aims to build a “real estate supermarket,” announced that it has secured an undisclosed amount of funding from South Korean venture fund Smilegate Investment.

Accounting automation Bizzi receives undisclosed investment from 500 ...

Vietnam-based startup offering bookkeeping service with automation tool announced it’s raised an undisclosed amount of seed funding from 500 Startups and other angel investors, Tech In Asia reported.

Vietnam grants licences to G PAY and VIDIVA fintech firms

The State Bank of Vietnam issued licences to G Payment (G PAY) and VIDIVA Technology (VIDIVA), which will provide intermediary payment services in the country.

Apple to make new headphones in Vietnam in shift from China

Apple is planning to manufacture its upcoming over-ear AirPods Studio headphones in Vietnam, said The Information. This comes as Apple looks to “diversify manufacturing away from China.”

inDriver launches ride-hail service in central Vietnam

inDriver, a ride-hailing service with more than 39 million users in more than 300 cities in 31 countries launched a pilot program in Vietnam after going live in Indonesia, Malaysia, Thailand, Philippines.

Vietnam mobile payments expected to grow by 400 percent by 2025

Mobile transactions are expected to experience 400 percent growth in the next five years, according to the Fintech and Digital Banking 2025 report by Backbase and IDC.

JobHopin, Vietnamese startup that wants to make job hunting easier, raises $2.45 ...

JobHopin, a Vietnamese startup that wants to make job hunting in Southeast Asia easier with automated job-recruitment platform, announced it has raised a $2.45 million Series A, company said in a statement.

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Tech

Qualcomm inaugurates facilities to support Vietnamese OEMs to develop and produce 5G devices

Budget carrier Vietjet plans to set up e-payment firm

Financial services firm F88 raises $6mln from existing investors