Hanoi (VNA) - Tima, aVietnamese peer-to-peer (P2P) lending tech platform, successfully gatheredSeries A funds from a Singaporean investor.
Despite not revealing the name of theinvestor and the deal details, a representative of Tima revealed toDealStreerAsia that the deal was closed at a seven-figure US dollars and willboost the company’s growth in Vietnam.
Launched in 2015, the lending platform hasmobilised 2.5 trillion VND, equivalent to 115.5 million USD, from its lendingpartners.
“We have localised the LendingClub model sothat it works for the Vietnam market. We have shown investors our businessverticals and licenses: they work properly,” a co-founder of Tima, toldDealStreerAsia, addressing the legal environment for P2P lending in thecountry.
Tima works with 967 lenders--financialunits, investors and credit institutions. More than two million transactionshave been carried out on the platform.
A number of Vietnamese fintech startupshave secured venture capital funding this year, including e-wallets MoMo andBankGo.
Money Lover, an app that allows users totrack their finance information, was also recognised as the best disruptor in2016 by the Ricebowl Startup Awards.-VNA
The Government’s Small- and Medium-Sized Enterprise Development Foundation (SMEDF) could provide support to startups in the form of venture capital and crowd funding, according to a draft decision.
Deputy Prime Minister Vu Duc Dam has urged ministries and sectors to conduct specific activities to realise Government’s policies of encouraging startups.
A two-day startup festival (TechFest Vietnam 2016) that concluded in Hanoi on November 13 attracted nearly 170 investors and more than 3,000 visitors, according to the organisers.
Vietnam has huge potential for startup businesses, however the country’s startup ecosystem is still young compared to other countries in region and the world.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
