CGS-CIMB Securities launches Vietnam-focused ETF on Singapore bourse

CGS-CIMB Securities launches Vietnam-focused ETF on Singapore bourse

CGS-CIMB Securities, in collaboration with Fullgoal Asset Management Hong Kong, inaugurated Friday on the Singapore Exchange (SGX) an exchange-traded fund (ETF) comprising the largest companies listed on the Ho Chi Minh Stock Exchange.

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

CapitaLand Investment raises $950 mln for 3 private funds

CapitaLand Investment raises $950 mln for 3 private funds

Real estate investment trust (REIT) CapitaLand Investment, backed by the Singapore government, has obtained about S$1.3 billion ($950 million) equity commitment from global institutional investors for three of its private funds.

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

Singapore’s TNB Aura says expected third fund will focus on Vietnam

Singapore’s TNB Aura says expected third fund will focus on Vietnam

Singapore-based venture capital firm TNB Aura (TNBA) says it is in talks to raise capital for its third fund, to be focused on Vietnam as a core market.

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

Investors make major inroads into Vietnam private equity scene

Investors make major inroads into Vietnam private equity scene

The Vietnamese market has been proving attractive to international private equity (PE) companies, reflected by the investment portfolio expansion of giants like KKR, Warburg Pincus and SK Group.

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

Vietnamese startups still a venture capital magnet

Vietnamese startups still a venture capital magnet

Vietnam’s tech startup scene has continued to attract venture capital (VC) investments, pushing the country further towards its aim of becoming a fully digital society by 2030.

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

IFC seeks to invest $10 mln in Vietnam-focused private equity firm ABBPE

IFC seeks to invest $10 mln in Vietnam-focused private equity firm ABBPE

World Bank Group investment arm IFC is considering a proposed investment of $10 million in Vietnam-focused ABBPE Capital Management Pte Ltd.

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

South Korean President okays $4 bln ODA for Vietnam

South Korean President okays $4 bln ODA for Vietnam

Visiting South Korean President Yoon Suk Yeol has agreed to provide Vietnam with $4 billion in official development assistance by 2030.

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

UOBAM Malaysia launches Vietnam equity fund for retail investors

UOBAM Malaysia launches Vietnam equity fund for retail investors

UOB Asset Management (UOBAM) Malaysia has launched its United Vietnam Equity Fund, which provides local retail investors with access to the equity market in Vietnam, one of Southeast Asia’s leading manufacturing hubs.

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

Vietnam's education sector wide open to investors

Vietnam's education sector wide open to investors

Educational services at different levels in Vietnam are offering investment opportunities for overseas funds and investors to tap into, with the country witnessing a surge in edtech investments last year.

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

Japan's SMBC kicks off $200 mln fund to fuel Asian fintech startups

Japan's SMBC kicks off $200 mln fund to fuel Asian fintech startups

Japanese megabank SMBC has co-founded the corporate venture capital fund “SMBC Asia Rising Fund” with Tokyo-based venture capital firm Incubate Fund (IF) in Singapore while it expands across Asian markets, including Vietnam.

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

ADB, Switzerland sign $5 mln cofinancing deal to help Vietnam SMEs

ADB, Switzerland sign $5 mln cofinancing deal to help Vietnam SMEs

The Asian Development Bank (ADB) and Switzerland signed a cofinancing agreement of $5 million Thursday to nurture fintech that can help address low financial inclusion in Vietnam, particularly among small- and medium-sized enterprises, or SMEs.

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

OPEC Fund’s $40 mln loan for Maritime Bank to support SMEs

OPEC Fund’s $40 mln loan for Maritime Bank to support SMEs

The OPEC Fund for International Development (OFID) is providing a $40 million loan to Vietnam's Maritime Bank for on-lending to small and medium-sized enterprises.

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

Venture capital firm Nextrans to open $50-mln Vietnam-focused fund

Venture capital firm Nextrans to open $50-mln Vietnam-focused fund

South Korea's venture capital company Nextrans will launch a $50 million fund focused on Vietnam next month to further invest in the nation’s tech startup ecosystem.

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

VinaCapital Ventures seeks to launch second $100 mln fund

VinaCapital Ventures seeks to launch second $100 mln fund

VinaCapital Ventures of leading Vietnamese asset and investment company VinaCapital plans to launch its second $100 million fund next year, focusing on providing growth capital.

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

Eurazeo introduces $215 mln Southeast Asia-focused insurtech fund

Eurazeo introduces $215 mln Southeast Asia-focused insurtech fund

French private equity firm Eurazeo has rolled out a $215 million fund focusing on insurance technology startups in Southeast Asia, home to more than 650 million people and some of the world's fastest-growing economies like Vietnam.

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