Markets React to New Tariffs
Any glimpse of hope left for the stock markets before U.S. President Trump’s announcement of new tariffs has vanished as the scale of the unveiled tariff plans took investors by surprise.
Vietnam
Vietnam Seeks to Blunt US Tariffs With Tax Cuts on Imports
Vietnam has decided to slash import levies on a range of products, including liquefied natural gas and automobiles, as part of the implementation of measures related to the desire to minimize the negative effects of the tightening tariff policy of the United States.
Tyme Becomes Unicorn After $250M Funding Round Led by Nubank
Singapore-based digital banking group Tyme has successfully raised $250 million, bringing the business a ‘unicorn’ status.
IFC Boosts Climate Financing in Vietnam to Propel Green Transition
The International Finance Corporation (IFC) has scaled up its climate financing in Vietnam, to strengthen private sector resilience and green economic growth.
UnionPay debuts virtual cards in Vietnam
That’s the first massive rollout of UnionPay virtual cards in the country
Vietnam Expands Chip Packaging Footprint
Currently, there is a tendency in Vietnam, in which foreign companies are expand their chip testing and packaging capacities in this country, and homegrown firms are eyeing investments.
Samsung Plans to Invest $1.8 Billion More in Vietnam
South Korea’s Samsung Display Co. intends to invest $1.8 billion in a project to build a factory in the northern part of Vietnam.
Foxconn to Invest $551 Million in Vietnam
Foxconn, Apple’s Taiwan-based supplier, plans to invest about $551 million in two new projects in Vietnam’s northern coastal province of Quang Ninh.
High Tech Firm VDL to Build Plant in Vietnam
Dutch high-tech company VDL on Wednesday, March 20, announced its intention to build a new factory for the production of components for making chips in Vietnam.
Nvidia Reportedly Sees Vietnam as Potential Second Home
The Chief Executive Officer of Nvidia Corp. Jensen Huang considers Vietnam as a potential second home for the company he heads and plans to open a legal entity in the Southeast Asian country.
Mastercard and CARE Launch Strive Women for Female Entrepreneurs
Mastercard Strive Women aims to strengthen the financial well-being of small businesses in the APEC economies, focusing on female-led enterprises.
Net Zero Challenge Launches in Vietnam
Touchstone Partners and Temasek Foundation have launched a climate technology innovations competition for startups in Vietnam
Fintech Funding Plummets in Canada and Vietnam
These two countries have shown enormous levels of fintech funding decline in the first half of 2023
Neutronpay and Bitnob to Improve Cross-Border Payments Between Asia and Africa
The partnership aims to use the potential of both companies for creating new routes and payment options for bilateral cross-border trade between Vietnam and Africa using the Lightning Network
Vietnamese Solar Cleantech Startup Stride Raises $2M
The solar cleantech startup backed by Clime Capital and Touchstone Partners has a mission to accelerate Vietnam’s low-carbon transition
Apple Online Store in Vietnam Gets Instalment Payments from MoMo
The tech giant Apple opened its online store in Vietnam, offering up to 24 months of financing with a local fintech MoMo
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