Cashless payment in Vietnam could grow to 50% in three years: MoMo CEO

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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

Vietnam’s Vntrip secures top-up financing ahead of Series C round

The investor is Hong Kong-based late-stage investment firm — and existing backer — Hendale Capital.


VinaCapital Ventures backs two startups, appoints advisory board chairman

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.


Vietnam: Vinamilk to acquire 47% stake in GTNFoods

GTNFoods JSC owns 51 per cent stake of Moc Chau Milk JSC and two other state-run agricultural companies.


Vietnam Digest: Vingroup mulls $1b private placement; SocGen exits SeaBank

French Société Générale Group has fully divested its 20 per cent stake in Hanoi-based lender SeABank, ending 10 years of strategic partnership.


Samsung Life eyes 20% stake in Vietnam-based Bao Viet Life: Report

There were about 18 active life insurance companies in Vietnam, of which only Bao Viet Life has no foreign ownership.


IFC may invest $75m in Vietnamese property developer’s bond issue

IFC has been invited to invest in the VND-denominated bonds issued by Vietnamese property developer Phu My Hung Development Corporation (PHM).


YouTube to end content-hosting agreement with Vietnam’s Yeah1

Yeah1 has approved a plan to consider selling the just-acquired California-based ScaleLab to protect investment capital and investor interests.


Grab says has invested over $100m in Vietnam ops

Grab has asked that Vietnam treat ride-hailing companies as booking service providers and not as transportation companies.


Vietnam’s Hoang Huy Financial issues $53m convertible notes to Korean investors

Hoang Huy said it will use the proceeds from the issuance to develop three real estate projects in the country.