VinaCapital launches $100m tech-focused venture capital fund


The fund is looking at ticket sizes of about $2 million to $10 million per investment with an unlimited holding time.

Vietnam Digest: JPMorgan lends $50m to LienVietPostBank; SK’s Hyosung to invest $1.2b

LienVietPostBank has the largest network among joint-stock commercial banks, with 200 branches and 1,000 transaction offices

Insignia Ventures, Ethos Partners co-lead $1.75m round in Vietnam’s ‘Uber for trucks’ LOGIVAN

Insignia Ventures Partners, founded by former Sequoia Capital venture partner Yinglan Tan, earlier invested $600,000 in the truck platform. 

Homegrown VC firm Startup Viet Partners launches $5m debut fund

The Ho Chi Minh-based firm that will target ticket sizes of $500K-$1 million in pre-series A deals.

Thai retail giant Central to invest $500m in Vietnam expansion

The retail major is looking at establishing 720 stores in Vietnam by 2022, almost thrice the current 250 stores, according to Thai media reports.

PetroVietnam mulls raising funds for expansion via international bonds

The statement comes after a meeting earlier this week in Hanoi between PetroVietnam Chairman Tran Sy Thanh and Thierry Olive, co-head of investment banking for the Asia-Pacific at BNP Paribas SA.

Vingroup to raise $400m by issuing shares to S Korea’s Hanwha affiliate

Vingroup will issue 84 million preferred shares to Hanwha Asset Management, a unit of South Korea’s Hanwha Life Insurance, in a private placement.

Thailand’s B.Grimm Power acquires 80% stake in Vietnamese solar project

B.Grimm Power is looking to expand in many different countries in this region, and even beyond Southeast Asia.

Vietnam’s AI-based startup Uiza raises money from ESP Capital, Japan’s Framgia

The company is targeting to close its Series A round in November or December.

Vietnam’s PAN Group to offload 11% stake to Japanese trading co Sojitz

Sojitz recently acquired 95.24% stake in Saigon Paper Corporation, one of Vietnam’s largest paper manufacturers.