Analysis
An upgrade to EM status could rapidly channel $5b into Vietnam’s financial markets.
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SG Digest: Gordian Capital eyes Dubai expansion; TreeDots shuts Malaysia unit
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India Digest: Dodla Dairy, Udaan make acquisitions
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China’s CAS Star hits first close of new hard tech fund
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Sun Life hikes stake in HK virtual insurer Bowtie via $70m investment
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[Updated] Apollo Global edges out 8 other GPs to manage Singapore's S$1b private credit fund
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Industry experts highlight two significant hurdles: power supply and land approvals.
Deals
The Dubai-based VC firm has committed an additional $10.3 million to SILQ Group.
EQuest has accused Nga of exploiting her position, siphoning off hundreds of billions of dong from the school.
Vietnam’s State Capital Investment Corporation previously held 50.17% of FPT Telecom.
Binance commits an initial investment of more than $1m over the next two years.
SpaceX is working to set up a wholly-owned unit in the country.
The initial design capacity is 30 MW, expandable to 120 MW.
Despite geopolitical tensions, fundraising by Indian and Chinese startups rebounded significantly in June.
Private Equity
Don’t be paralysed by the moment, said Perlman.