Tag: funding

The region is considered strategically important, contributing 95%, 60% and 65% of national rice, aquatic and fruit exports, respectively.

Vietnam being the 51st highest funded country last year, according to Tracxn Geo Annual Report.

Funding for fintech projects falls from $17.9 million in 1H 2022 to $6.2 million in 1H 2023.

A project on forest protection and livelihood creation in the central highlands’ Lam Dong and Dak Nong provinces will be implemented from 2022 to 2026, with the goal of, by 2026, 25,000 hectares of natural forest being protected, reducing emissions equivalent to 3 million tons of CO2 and improving the livelihoods of 35 per cent of the population of the two provinces. The total budget of the project is €5 million ($5.36 million), funded by the EU.

Investment round in Vietnam’s top digital bank led by leading global VC firm Square Peg, together with Jungle Ventures, Granite Oak, FinAccel, existing investor Phoenix Holdings, and other super angels.

Telio, the first B2B e-commerce platform in Vietnam, has announced the funding in its Pre-Series B round. The funding was led by the VNG Corporation, with $22.5 million, while global venture capital firm GGV Capital and Tiger Capital also invested. Telio targets becoming the largest B2B platform in Vietnam.

Deputy Prime Minister Le Minh Khai has signed Decision No. 1644/QD-TTg on funding for purchasing and transporting 5 million doses of the Abdala vaccine from Cuba. The funds come from the Vietnam Covid-19 Vaccine Fund.

Local delivery startup Loship has raised capital of $12 million in its Pre-Series C round, led by BAce Capital. It expects that 10 per cent of Vietnam’s population will use the application every month within the next two years. The startup also aims to become the leading e-commerce delivery company in the country.