Funding Societies (Modalku in Indonesia), was officially launched in Vietnam yesterday, marking its fifth market expansion. Addressing the SME financing gap in Vietnam, where the SME landscape is growing yet financially underserved, the move is a natural next step for the fintech company as it pushes further into Southeast...
The Vietnam Chamber of Commerce and Industry (VCCI) says in its latest provincial competitiveness index (PCI) report that 46.85 percent of SMEs surveyed said they had difficulties in accessing bank loans in 2021. The figure was higher than the 40.73 percent in 2020. The biggest obstacle for enterprises to access...
To DBPlus, the SME100 Award not only reflects the effort of the whole team and the contribution of each individual but also represents the outstanding growth of DBPlus. CEO of DBPlus, Mr Trinh Minh Nhat, notes that the award is an affirmation to the customers that DBPlus is always...
Legend Cargo Logistics (Legend Cargo) has affirmed its position as one of the leading freight forwarding companies, especially for freight services from Vietnam to the booming North American market through its range of efficient logistics services. According to Datamyne's latest statistics, from the beginning of 2021 until now, Legend Cargo...
Vietnam’s trade ministry has asked China’s Guangxi authorities to take urgent measures to ease congestion at border crossings after China stepped up its border controls with neighbours to follow zero Covid-19 policies, state media reported. Pictures and video footage from state-run Vietnam News Agency (VNA) showed thousands of trucks were...
After 20 months of pandemic-induced restrictions and lockdowns, borders are in the reopening phase across Southeast Asia. Thailand opening of its border has already boosted tourism and given a ray of hope to the region's airline industry. More countries across Asia are now speeding up their reopening schedules to kickstart...
Jungle Ventures raised $225 million in the first close of its fourth fund as the venture capital firm seeks to replicate its successes in startups across Southeast Asia and India. Many of its existing investors in previous funds backed the latest one, founding partner Amit Anand said in an interview....
It is almost certain that when we talk about financial technology (fintech) development in Asia-Pacific, the focus usually shifts on China or even India to some extent. These large economies tends to overshadow Southeast Asia potential. But, it might not be the case for long. Southeast Asia is emerging as...
Fintech and e-commerce companies in Southeast Asia are raising hefty amounts of capital as global investors bet on post-pandemic technology plays, bankers and investors said, a trend that is also stoking concerns about frothy valuations. Public equity capital raising by Southeast Asian firms has surged to a four-year high of...
Startups in Vietnam are doing all they can to ensure income for their staff while making necessary strategical changes to adapt to the unpredictable Covid-19 pandemic. Paul Espinas, CEO of education company MoveUp, is prioritizing keeping the same number of employees. The company, which provides e-learning services, has an adequate number...
WeWork, a global space provider, has launched WeWork Growth Campus, a new initiative aimed at boosting Southeast Asia’s entrepreneurial startup ecosystem. While Southeast Asia has seen some scale-ups rise to new heights during the pandemic, COVID-19 has presented a huge challenge for startups and the community that supports them. With...
In just two decades Vietnam's exports have skyrocketed. In the same time period, their GDP per capita also took a big jump from from $390 dollars in 2000 to $2,800 dollars in 2020. And, this is probably the only nation in Southeast Asia whose economy remained in a good shape...

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