Vietnamplus

VNG - the first Vietnamese tech unicorn - was included in the 10 Asian companies to watch in 2023 list announced by Japan’s Nikkei Asia web.

Asia and the Pacific’s next tech start-up “unicorn” may come from Vietnam, as the groundwork to build a strong ecosystem capable of supporting these businesses is well underway, according to a new report by the Asian Development Bank (ADB).

Indonesia’s Kopi Kenangan coffee chain has raised 96 million USD in its latest Series C round at a valuation above 1 billion USD, propelling it to unicorn status.

Telio, the first business-to-business (B2B) e-commerce platform in Vietnam, has received funding of 22.5 million USD from Vietnamese tech unicorn VNG, raising total investment that it had attracted as of September 2021 to 51 million USD.

Southeast Asian used-car marketplace Carsome Group said it has raised 170 million USD in a funding round from investors, including China's Taiwanese chipmaker MediaTek, cementing its position as Malaysia’s largest tech unicorn, valued at 1.3 billion USD.

VNG Corporation, a technology "unicorn" of Vietnam, is considering listing shares in the United States through a merger with a special purpose acquisition company (SPAC) at a valuation of about 2-3 billion USD.

Over the past decade and a half, VNG has diversified into cloud computing, ads, digital payments and media, and built up one of the biggest digital user bases in Vietnam, said an article recently published on the Japanese newspaper Nikkei Asia.

Ho Chi Minh City has launched the 3rd International Unicorn-Lion-Dragon Dance Festival as part of its activities to promote tourism.

The Indonesian government has established a new directorate to support the country’s start-ups, said Indonesian Research and Technology Minister Bambang Brodjonegoro.

Four sacred animals in Hue’s royal art have been selected as logos for the Hue Festival 2020 in the central province of Thua Thien-Hue, according to the organising board.

The central city of Da Nang welcomed over 157,000 tourists during National Day holiday from August 31 – September 2, up nearly 6 percent annually.

Thirty Asian teams attended the International Lion, Dragon and Unicorn Dance Festival 2019 that took place in Da Nang city from August 30 to September 2.

The International Lion, Dragon and Unicorn Dance Festival will take place at Sun World Danang Wonders in the central city of Da Nang from August 30 to September 2, with the participation of 30 foreign and domestic teams.

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 Ministry of Agriculture and Rural Development (MARD) and the International Union for the Conservation of Nature and Natural Resources (IUCN) signed a cooperation agreement in Hanoi on March 28 on the building of a protection and breeding programme for the saola, one of the rarest and most threatened mammals on the planet.

The Soc Trang Open “Lan, Su, Rong” (Unicorn, Lion, Dragon) Dance championship kicked off for the first time in the Mekong Delta province on February 5.