MFast, a Vietnamese fintech startup has received US$6 million in series A funding, VN Express is reporting. The firm’s business peer-to-peer sales model appears to be something akin to Uber for financial services. Individuals can sign up to assist customers to take out credit cards, insurance, open digital wallets, and

Foreign investment association chairman comments on VN’s high-speed rail project

the-shiv August 30, 2023

The Investor is carrying an interview with Mai Nguyen, chairman of Vietnam’s Association of Foreign Invested Enterprises (VAFIE) in which he discusses a proposed US$58 billion high-speed rail project connecting Hanoi and Ho Chi Minh City. He says that the 2,070 kilometres will be completed by 2035–or in about 12

Vietnam, India big winners in Apple supply chain shift

the-shiv August 30, 2023

Vietnam, alongside India have been the big winners in Apple’s diversification out of China according to Bloomberg. Bloomberg has compiled Apple supplier data from 2012 to 2022 and found a huge expansion of Apple suppliers in the burgeoning Southeast Asian nation over the last five years or so. With comments

Vietnamese tech firm files for IPO in US

the-shiv August 30, 2023

VNG Corp, a Vietnamese tech firm most well known for a slew of popular video games and social messaging app Zalo has filed to list on the US stock exchange, according to Vietnam Net. VNG has been talking about listing for a long time now–in 2017 it signed an MOU

Some SEA solar products circumventing Chinese solar duties: US Dept. Commerce

the-shiv August 30, 2023

Some solar products exported from Vietnam, Thailand, Cambodia, and Malaysia are circumventing duties applied to some Chinese solar products the US Department of Commerce has found, and Solar Power World is reporting. A presidential proclamation from June 6, however, exempts solar imports from the four Southeast Asian countries from paying