KK Fund seeks bigger play in Vietnam, targets to close five investments in a year


The fund is evaluating close to 10 startups from the region, where it made a recent debut.

Grab announces out-of-court settlement with Vietnamese taxi firm Vinasun

Grab Vietnam country head Jerry Lim said the ride-hailing startup is optimistic that both parties will ultimately find a win-win solution that can best serve the interests of the Vietnamese.

South Korea’s KEB Hana Bank likely to pay $787m for stake in Vietnam’s BIDV

The transaction is expected to close in the first half of 2019.

Hyundai’s non-life insurance arm to acquire 25% of Vietinbank Insurance

Once the transaction is completed, Hyundai Marine & Fire will become Vietinbank Insurance’s second-largest shareholder.

Mekong Capital-backed pawn shop chain F88 raises new round from Granite Oak

F88 said the funding valued the firm at nearly VND1 trillion ($43.5 million).

PE firm Northstar invests $50m in Vietnam’s Topica Edtech

Northstar is the sole investor in the latest funding round, following which it has also become Topica’s largest institutional backer.

Vietnam Digest: CCL to buy Hinsitsu Screen; Cammsys ups stake in unit

Cammsys, a Korean camera module producer, has acquired more stake to gain control of Cammsys Vina while Canadian label group CCL will be buying Hinsitsu Screen Vietnam.

Go-Jek pilots online food delivery service Go-Food in Vietnam

In the food delivery segment, the major players in VIetnam are Delivery Now, which is backed by Singapore-based Sea Limited, and GrabFood, which launched its service in June 2018.

VinaCapital Ventures bets on logistics, fintech and digital media

The newly-launched $100-million tech-focused fund will invest in Vietnamese companies with proven revenue streams, especially those with concepts that can be scaled up to a regional or global level.

500 Startups exceeds targets to close Vietnam fund at $14m

The fund, led by Eddie Thai and Binh Tran, was launched in 2016 and has since then invested in 36 Vietnam-connected tech startups.