PE firm Olympus Capital invests $20m in Vietnam plastics firm


The investment was made by Asia Environmental Partners (AEP), a $250-million fund managed by Olympus Capital Asia.

Thai-listed SUPER to acquire two wind power plants in Vietnam for $18m

The company said, it will use working capital to fund both acquisitions.

Vietnam Digest: Triip offers 100m travel tokens in ICO; RedFOX Labs, Kinetic Consulting ink JV

Vietnam-based traveltech startup Triip has offered for sale 100 million travel tokens for its month-long ICO ending March 31.

S Korea’s Woowa Brothers acquires food delivery startup Vietnammm

The S Korean company raised its $320 million Series G funding in December 2018 from Hillhouse Capital, Sequoia Capital and GIC.

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.