VinaCapital Ventures, a Vietnam-focused venture capital platform, announced on March 15 that it has successfully invested in the tech startups of UrBox and Wee Digital.
A presentation of a tech startup at the event (Photo: VNA)
HCM City (VNA) – VinaCapital Ventures,a Vietnam-focused venture capital platform, announced on March 15 that it hassuccessfully invested in the tech startups of UrBox and Wee Digital.
It said these startups are its latestinvestments to help with economic development and the young but potentialtechnology sector of Vietnam.
UrBox provides creative marketing campaigns tohelp businesses attract clients. It is partnering with hundreds of suppliers;over 3,000 food, beverage and entertainment stores; and e-commerce websites.
Meanwhile, Wee Digital provides solutionsoptimising users’ interaction in digital banking services by applying biometrictechnology and artificial intelligence. As the first company of this field inVietnam, it has quickly developed a network of high-end customers, includinglarge banks and enterprises.
In 2018, VinaCapital Ventures invested inride-hailing app FastGo and truck-booking app Logivan.
Also on March 15, VinaCapital Ventures announcedthat it successfully invited Dr. Philipp Roesler, former Vice Chancellor ofGermany, to act as chairman of its advisory council. –VNA
The Vietnam Opportunity Fund (VOF), managed by VinaCapital Group, on August 31 announced its 25-million-USD investment in the Tam Tri Medical Group, which owns four private hospitals in Da Nang, Nha Trang city, Ho Chi Minh City and Dong Thap province.
Non-profit organisation VinaCapital Foundation (VCF) and Thanh Ha Fish Sauce Co. Ltd. presented pediatric emergency carts to Kien Giang General Hospital at a ceremony on January 5.
VinaCapital Asset Management JSC has inked a memorandum of understanding (MoU) with the Republic of Korea’s Kiwoom Asset Management to offer selected products to Korean investors.
Vietnam will remain an attractive investment destination in 2019, though impacts of the US-China trade tension that triggered a downturn in global stock markets in 2018 will not end soon, said Managing Director and Chief Investment Officer of VinaCapital Andy Ho.
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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.
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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.
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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.
A presentation of a tech startup at the event (Photo: VNA) 
