Indonesia expands startups’ access to financing

Indonesia expands startups’ access to financing

Indonesia’s Cooperatives and Small and Medium Enterprises Ministry has continued to exert efforts to expand access to financing and investment to the country’s startup companies, Minister Teten Masduki said on Wednesday.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Fuel supplier NSH Petro to borrow $720 mln from Australian fund

Fuel supplier NSH Petro to borrow $720 mln from Australian fund

NSH Petro, a major fuel supplier in Vietnam’s Mekong Delta region, signed an agreement with Australia’s Acuity Funding on Tuesday under which the former will borrow $720 million from the latter.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

EQuest raises $120 mln, appoints new board member

EQuest raises $120 mln, appoints new board member

Vietnam’s EQuest Education Group announced Friday its successful raising of $120 million through a combination of debt from creditors and equity from KKR, a global private equity giant that already invested $100 million in EQuest.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam EV maker VinFast picks U.S. Bank as partner in America

Vietnam EV maker VinFast picks U.S. Bank as partner in America

Vietnamese electric vehicle startup VinFast has selected U.S. Bank as its preferred provider of retail financing and leasing of VinFast vehicles in the U.S.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

German investment firm DEG revs up Vietnam business

German investment firm DEG revs up Vietnam business

DEG, the German government’s investment arm, has been ramping up its financing work in Vietnam.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Energy consultancy DNV provides due diligence support for financing Vietnam electric bus network

Energy consultancy DNV provides due diligence support for financing Vietnam electric bus network

Global energy consultancy DNV has provided due diligence and market assessment support to the Asian Development Bank in connection with a $135 million funding package the bank has mobilized for VinFast’s fully-electric public transport bus fleet in Vietnam.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Investor interest heats up Vietnam’s education sector

Investor interest heats up Vietnam’s education sector

Vietnam’s education sector has been bustling of late with various foreign investors, agencies and schools striking cooperation pacts as well as deals to open new, private school campuses.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Techcombank secures record $1 billion loan facility from 26 foreign banks

Techcombank secures record $1 billion loan facility from 26 foreign banks

Techcombank, one of Vietnam’s leading private lenders, has acquired a $1 billion trade loan facility from 26 foreign banks, marking the largest mid- to long-term syndicated term loan facility ever raised by a commercial bank in Vietnam.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7