Vietnamese real estate startup raises 30 million USD of funding
Homebase, a Vietnamese proptech startup, has raised 30 million USD of funding from many world leading adventurous funds including Y Combinator, Partech Partners, Goodwater Capital, Ace and Company and Emles Advisors.
Homebase co-founders Phillip An (left) and JunYuan Tan. (Photo: Homebase
HCM City (VNA) - Homebase, a Vietnamese proptech startup, has raised 30 million USD of funding from many world leading adventurous funds including Y Combinator, Partech Partners, Goodwater Capital, Ace and Company and Emles Advisors.
Homebase had earlier successfully called for funding from many investors such as VinaCapital Ventures; Brian Ma, co-founder and former CEO of Divvy Homes; Troy Steckenrider III, former chief operating officer of Zerodown; and 99.co founder and CEO Darius Cheung.
Vietnam is one of the fastest growing real estate markets in the world, but the chance for young people to have their own house is becoming harder.
Statistics from CBRE showed that in the third quarter of 2021, housing prices in Ho Chi Minh City rose 3-17 percent.
Founded in 2019, Homebase provides revolutionary and accessible products that empower homeowners to buy, sell, and own homes in ways that work best for themselves.
Tracy Vu, Homebase Director for Business Development said that the firm hopes to work more closely with leading real estate companies in Vietnam to help more Vietnamese people to own their own house, and get more chances to work with real estate brokers to access better financial tools to serve customers./.
COO Builder, which supports startups of the Republic of Korea (RoK) to operate in Vietnam, has opened a startup centre in Ho Chi Minh City, reported the RoK’s Aju business daily.
The Ministry of Planning and Investment (MPI) and the US Agency for International Development (USAID) on October 1 launched the Vietnam Workforce for an Innovation and Start-up Ecosystem (WISE) project.
A Russian programme on the development of startups’ business plans kicked off in Saint Petersburg on October 4, aiming to bring Russian projects to the Vietnamese market and attract Vietnamese investment in Russia.
More and more startups nowadays are committed themselves to finding innovative solutions to environmental problems. Rens Original, a sustainable fashion startup co-founded by Jesse Khanh Tran and Son Chu, two Vietnamese young men studying and living in Finland, is one of them.
The National Startup Support Centre of Vietnam (NSSC) and other organisations in the country on November 11 signed a Memorandum of Understanding (MoU) with the Association of Small and Medium-sized Enterprises and Crafts of the Czech Republic (AMSP ČR) with the aim to develop the two countries’ start-up ecosystem and entrepreneurship.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
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.