S.Korean VC BonAngels targets over 10 SEA investments this year, mulls new fund


The VC closed a $50-million fund in October 2018 to make early-stage investments in Southeast Asia, South Korea and Japan. 

Hong Kong-based Hendale Capital mulls Vietnam-focused fund

The Hong Kong-based investment firm made its first bet in Vietnam when it backed OTA startup VNTrip’s $10-million Series B round in 2017.

Asia Dealbook: Srisawad eyes Agribank arm; Kerry Logistics, E-Services Group in JV

Kerry Logistics has identified cross-border e-commerce, particularly between Greater China and ASEAN, as a major growth sector

People Digest: Willis Towers Watson names Asia director; MUFG Bank’s Vietnam head

Based in Hong Kong, Edwina Ho will work closely with Willis Towers Watson’s institutional clients across the Greater China market.

Vietnam: VinaCapital pares stake in FPT; Taisho ups holding in DHG Pharma

Taisho is still cementing its position as DHG Pharma’s second largest investor after the State Capital Investment Corporation.

In Vietnam, it is about going after returns rather than chasing unicorns

While billion-dollar valuations help a market attract attention, an early startup market such as Vietnam needs to first build sustainable companies.

Japan’s Advantage Partners acquires Vietnamese fashion chain Elise

The transaction has marked the first acquisition of a company in Vietnam by Advantage Partners’ funds.

Vietnam prosecutors say Vinasun’s claims against Grab have no legal basis

Prosecutors in Ho Chi Minh City have appealed a verdict ordering Grab to pay compensation to domestic taxi firm Vinasun.

IFC mulls $100m debt package for Vietnamese tourism property developer

The loans will help finance BIM Land’s three new projects in Vietnam and Laos.

Vietnamese logistics startup LOGIVAN raises $5.5m from Alpha JWC, others

David Su, a founding managing partner at Matrix Partners China, also invested in the latest funding round.