By Quynh Nguyen
The fund is looking at ticket sizes of about $2 million to $10 million per investment with an unlimited holding time.
LienVietPostBank has the largest network among joint-stock commercial banks, with 200 branches and 1,000 transaction offices
Insignia Ventures Partners, founded by former Sequoia Capital venture partner Yinglan Tan, earlier invested $600,000 in the truck platform.
The Ho Chi Minh-based firm that will target ticket sizes of $500K-$1 million in pre-series A deals.
The retail major is looking at establishing 720 stores in Vietnam by 2022, almost thrice the current 250 stores, according to Thai media reports.
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 will issue 84 million preferred shares to Hanwha Asset Management, a unit of South Korea’s Hanwha Life Insurance, in a private placement.
B.Grimm Power is looking to expand in many different countries in this region, and even beyond Southeast Asia.
The company is targeting to close its Series A round in November or December.
Sojitz recently acquired 95.24% stake in Saigon Paper Corporation, one of Vietnam’s largest paper manufacturers.