Total outbound Vietnamese investment reached 431.7 million USD in the first nine months of this year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
As Vietnam, one of the hottest startup hubs in the world, is welcoming a huge wave of venture capital, its tech startup firms are expected to quickly reach the unicorn status, which means they are valued 1 billion USD or more, according to insiders.
The Northern Vietnam Helicopter Company under the Vietnam Helicopter Corporation has launched its Ha Long Bay scenic tour service - Halong Heli Tours in northeastern Quang Ninh province.
Vietnamese ride-hailing firm FastGo on April 11 announced its plan to launch the country’s first helicopter ride-hailing service - FastSky - in Hanoi by the end of this month.
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.
The fourth Industrial Revolution will create new industries, which are expected to give new momentum to Vietnam’s economic growth, said an economic expert.
The first-ever Vietnam Digital Awards were presented at a ceremony in Hanoi on November 19, honouring organisations and individuals excelling in providing or applying digital technologies aimed to improve customers’ experience.
VinaCapital - the leading investment management group in Vietnam - on August 30 announced the establishment of VinaCapital venture capital fund at a scale of 10 million USD, aiming to continue its investment strategies in technology startups.
The ride-hailing application FastGo will debut in Ho Chi Minh City this month, giving another choice of travel and payment methods for customers of the city.