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Tech firms shift operations from China to Vietnam, where FDI is on the rise

'Electronics makers are hoping to strike a balance amid Washington-Beijing tensions'

Ho chi minh cityH chíinhRepublic ofUnited statesUnited arab emiratesSouth koreaMohammed alwahediQuang dinh tuoiPattarapong kanhasuwanEddie hanIsaiah researchMinistry of planningStatistics officeThailand kasikorn bankNikkei asiaLuxshare precision industry

S Korea s KVIC commits $23m to AC Ventures, Gobi Partners, Highlight Capital

The funds of AC Ventures and Gobi Partners will receive $6.5m each.

South koreaJakarta rayaSouth koreanAsia pacificForeign venture capital investment fundKorea venture investment corporationEthis groupGobi partnersHighlight capitalAgaeti venture capitalConvergence venturesMiddle eastNorth africaNorthern lightSoutheast asiaVertex venture management

China s Ant Group acquires SE Asian digital payments firm 2C2P

After this acquisition, 2C2P aims to secure more overseas merchants and improve its product.

Singapore generalAung kyaw moeAngel zhaoAnt groupYoma strategic holdingsInternet groupChangi airport groupMyanmarese aung kyaw moeCento venturesWave moneySingapore listed yoma strategic holdingsAnt financialPayment gateway

Covid-19 pandemic a catalyst for startup ideas - VnExpress International

Despite negative consequences, the pandemic functions as a powerful catalyst, boosting the birth of numerous groundbreaking startup ideas, says Ngo Dinh Dat, MD of ITI Fund. - VnExpress International

Republic ofNgo dinhHi duongHo chi minh cityH chíinhNguyen huu thanhTinh tamLe thuc hoaiWorld bank groupHustle fundHm groupFund management boardGolden gate venturesSoutheast asiaCento venturesSky mavis

Data Vantage: SG software startup Spenmo is halfway to unicorn status, and other updates

Payables software startup Spenmo's valuation has hit $500 million following an $85 million Series B funding round.

Qian haoHan jeffreyChris fongDmitry levitJames changTraveloka pteWarburg pincusKesri singhCorporate regulatory authorityLazada groupCarsome group pteCapillary technologies internationalInsight partnersGlobal founders capitalRocket internetKelveen soh

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