Vietnam’s consumer lending firm F88 has raised about VND140 billion ($6 million) from existing investors Mekong Capital and Granite Oak, Deal Street Asia reported.
Vietnam Oil & Gas Group’s subsidiary PVOIL has become the first petroleum retailer in Vietnam to introduce charging stations for electric cars, the company said in a posting on its website.
The State Bank of Vietnam and the Ministry of Industry and Trade have affirmed that they have not licensed Zalo Bank to provide online built-in financial services.
Vietnamese cybersecurity firm Bkav has warned that spyware VN84App is aiming at Vietnamese mobile users. More than 300 users became victims in a short period of time.
- ThinkZone Accelerator Batch 04 to invest up to $0.5 mln in tech startups 1
- English learning app ELSA raises $15 million for international growth 2
- Japanese $2.5bn AI startup targets Vietnam after COVID boost 3
- Grab considers U.S. IPO this year to raise at least $2 bln 4
- Vietnam’s largest payment app MoMo raises $100 mln 5
- On-demand logistics company Lalamove gets $515 million Series E 6
Vietnamese tech firm planned VND246 billion ($10.6 million) after-tax loss in 2020 on investing in strategic products and services including ZaloPay, company leaders told shareholders’ meeting.
California-based silicon giant Qualcomm has inaugurated a new interoperability testing laboratory and a new office in Hanoi, the company said in a statement.
The Vietjet Air board of directors has approved plan to set up an e-wallet service in which it holds 51 percent stake, statement said.
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.
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.
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’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.
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 has launched a campaign dedicated to supporting Vietnam in boosting its digital transformation.
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.
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.
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.