By Nguyen Thi Bich Ngoc
In the next two to three years, cashless payment will be the force that will significantly shift the Vietnamese economy – M-Service CEO Pham Thanh Duc
The investor is Hong Kong-based late-stage investment firm — and existing backer — Hendale Capital.
The VC arm of VinaCapital has backed Urbox, a digital gifting platform, and Wee Digital, a fintech startup that uses biometrics and AI to authenticate customers.
GTNFoods JSC owns 51 per cent stake of Moc Chau Milk JSC and two other state-run agricultural companies.
French Société Générale Group has fully divested its 20 per cent stake in Hanoi-based lender SeABank, ending 10 years of strategic partnership.
There were about 18 active life insurance companies in Vietnam, of which only Bao Viet Life has no foreign ownership.
IFC has been invited to invest in the VND-denominated bonds issued by Vietnamese property developer Phu My Hung Development Corporation (PHM).
Yeah1 has approved a plan to consider selling the just-acquired California-based ScaleLab to protect investment capital and investor interests.
Grab has asked that Vietnam treat ride-hailing companies as booking service providers and not as transportation companies.
Hoang Huy said it will use the proceeds from the issuance to develop three real estate projects in the country.