It is targeting these investments in the first half of the year.
By Nguyen Thi Bich Ngoc
VNG Corporation picked up 38% in Tiki, valuing it at $45m
DEALSTREETASIA had earlier reported that the group will spend $50 million every year for the acquisition purpose in foreign markets, including the US, Japan and European countries.
Le Dang Dung, the deputy CEO of Viettel, sees investment in startups as an inevitable fact as the business develops and the company diversifies for new growth.
Technology major FPT Corp is planning to sell FPT Shop, its retail unit. Meanwhile, VinaCapital is buying a majority in Thai Hoa International Hospital for $9 million. FPT to sell retail unit FPT Shop Vietnam’s tech major FPT Corp is looking to sell its retailing arm and has mandated VietCapital… Read more »
Vietnam’s leading tech company FPT Corporation has appointed its founding member Do Cao Bao to be deputy CEO in charge of strategic clients and projects and external affairs.
FPT Corporation, Vietnam’s leading tech company, is partnering with venture capital firm 500 Startups to form an incubator platform to nurture Vietnamese startups. This was revealed by Truong Gia Binh, FPT chairman, during Techfest 2015, the country’s biggest event for the startup ecosystem, that is currently ongoing in Hanoi. The tech market… Read more »
Most the Vietnamese firms that have expanded beyond borders, have been in the field of information technology (IT) – be it the software giant FPT, or smaller startups like the the mobile content distributor Appota, digitial advertising company CleverAds and e-commerce firm Peacesoft. Very few, non-IT firms have shown strong regional and global… Read more »