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Japanese bank to outlay $170mln for 7.5% of MoMo owner
Digital Biz

Japanese bank to outlay $170mln for 7.5% of MoMo owner

Japan’s Mizuho Bank will spend ¥20 billion ($170 million) on acquiring a 7.5 per cent stake in M-Service, the owner of MoMo e-wallet, one of the leading payment applications in Vietnam with 20 million users. Established in 2007 and headquartered in Ho Chi Minh City, M-Service is trying to turn MoMo into a super application that allows users to access various services.
Digital Biz

Blockchain games company raises $25mln in investment

Whydah, a company specializing in blockchain games with the IronSail initiative, has received $25 million from major investment funds. In an effort to promote the development of the blockchain industry in Vietnam and Southeast Asia, it is partnering with seven major game studios in Vietnam and is expected to open a game application center for local game developers.
Digital Biz

Tech innovation adds to revenue

After five years of implementation, the National Technology Innovation Fund has received over 1,000 technological innovation ideas from businesses. After adopting technological innovation, annual revenue at enterprises has increased by VND4 trillion ($175.448 million).
Japanese bank to outlay $170mln for 7.5% of MoMo owner

Japanese bank to outlay $170mln for 7.5% of MoMo owner

Japan’s Mizuho Bank will spend ¥20 billion ($170 million) on acquiring a 7.5 per cent stake in M-Service, the owner of MoMo e-wallet, one of the leading payment applications in Vietnam with 20 million users. Established in 2007 and headquartered in Ho Chi Minh City, M-Service is trying to turn MoMo into a super application that allows users to access various services.
SIHUB to train startups in IPOs

SIHUB to train startups in IPOs

Vietnamese startups did not conduct any initial public offerings (IPOs) in the first half of this year. The Saigon Innovation Hub (SIHUB) is therefore conducting a training program on IPOs for startups in Vietnam.
53 winners at Vietnam Digital Awards 2021

53 winners at Vietnam Digital Awards 2021

The Vietnam Digital Awards 2021 were held on December 9. Among the 53 winners were tech solutions for Covid-19 and digital transformation achievements in the fields of healthcare, education, banking, insurance, construction, energy, and logistics.
Blockchain games company raises $25mln in investment

Blockchain games company raises $25mln in investment

Whydah, a company specializing in blockchain games with the IronSail initiative, has received $25 million from major investment funds. In an effort to promote the development of the blockchain industry in Vietnam and Southeast Asia, it is partnering with seven major game studios in Vietnam and is expected to open a game application center for local game developers.
Tech innovation adds to revenue

Tech innovation adds to revenue

After five years of implementation, the National Technology Innovation Fund has received over 1,000 technological innovation ideas from businesses. After adopting technological innovation, annual revenue at enterprises has increased by VND4 trillion ($175.448 million).
Lifestyle Vietnam Virtual Fair opens

Lifestyle Vietnam Virtual Fair opens

The Lifestyle Vietnam Virtual Fair 2020 is being held from December 6 to 12 with the participation of nearly 300 Vietnamese businesses and is the first specialization trade fair in the world to apply augmented reality technology. Nearly 500 international customers conducted transactions on the first day.

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