Vietnam

Vietnam’s realty portal Homedy raises funding from Genesia Ventures, others

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Return backer Genesia Ventures injected funds in Homedy.com in June last year along with Pix Vine Capital.

Warburg Pincus-backed BW Industrial targets to build warehouse for Amazon in Vietnam

BW Industrial, a joint venture between Warburg Pincus and Vietnam’s Becamex, targets to build the warehouse for the likes e-commerce giant Amazon in Vietnam.


US-based Vemanti Group takes 20% stake in Vietnamese fintech firm eLoan

eLoan is a P2P lending marketplace that matches investors with borrowers, allowing anyone to lend directly to SMEs


Go-Jek tests Go-Bike, Go-Send in Vietnam’s HCM City ahead of official launch

In June, Go-Jek launched two locally founded companies in Vietnam (Go-Viet) and Thailand (GET).


Vietnam Digest: AsiaCollect buys NPL portfolio; Nishi Nippon invests in Waterpoint

Credit management services startup AsiaCollect has acquired its first consumer non-performing loan portfolio in Vietnam.


Singapore’s Frasers Property to acquire 75% stake in Vietnamese realty firm PAD

PAD is undertaking the development of a mixed-use property projects in Vietnam.


Vietnam’s FPT buys 90% stake in US consulting firm Intellinet for $30m

The acquisition by FPT, one of Vietnam’s top technology firms, reflects the company’s goal of adding consultancy to its information technology services


Vietnam Digest: JA Solar gets loan from Chinese bank; Nawaplastic ups stake in BMP

JA Solar Vietnam has signed a $68 million credit loan with China’s Minsheng Bank while Thailand’s Nawaplastic continues to lift its ownership in Vietnam’s plastic producer.


Australia’s Macquarie Bank becomes major shareholder in Vietnam’s Yeah1

Macquarie Bank purchased over 1.572 million shares, equivalent to 5.74 per cent of Yeah1’s charter capital.


VI Group-backed logistics player Gemadept divests 51% stake in port JV

Established in 2006, the port was owned 51 per cent by Gemadept while Vietnamese steel producer Hoa Sen Group held the rest.