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Vietnam EV maker VinFast plans $2 billion investment in India

TechCrunch

VinFast, Vietnam’s electric vehicle manufacturer, plans to initially invest $500 million to set up an integrated facility in India and break into the world’s third-largest automobile market.

Vietnam 127
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China’s JD.com pilots cross-border platform Joybuy in London as it takes on Temu in UK’s $163 billion e-commerce market

TechNode

Chinese e-commerce giant JD.com has started quietly piloting its cross-border platform Joybuy in the UK, marking its push into the European market. The move signals JDs ambitions to capture a slice of the UKs 127 billion ($163 billion) retail e-commerce market in 2024 the third-largest globally.

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The Roblox economy is going global, as users can now set regional pricing

Engadget

The company says this will make it easier for active community members to "better adapt to local market conditions and maximize earnings." " Prior to this move, users in a country like Vietnam would pay the exact same price as folks here in the US.

Global 102
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Edupia raises Series A to close the education gap in Vietnam

TechCrunch

There’s a large education gap in Vietnam between urban centers, which have access to more resources, and the smaller cities and rural areas where 80% of students live. Before founding Edupia, Hung spent 10 years as director of digital services at Viettel, the largest telco in Vietnam.

Vietnam 98
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Vietnam-based Anfin makes stock investing accessible

TechCrunch

Based in Vietnam, Anfin wants to turn more people into stock investors with features like fractional trading and in-app communities. Like other investment apps aimed at Gen Z and millennial users (90% of Anfin’s users are 18 to 35 years old), Anfin has educational content about stock market fundamentals.

Vietnam 101
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Vietnam-focused investment app Infina boosts its seed round to $6M

TechCrunch

Retail investment apps in Southeast Asia attracted a lot of funding last year , and the trend looks set to continue with Vietnam-focused Infina announcing that it has added $4 million to its seed funding. Infina was part of Y Combinator’s Summer 2021 cohort and aspires to become the “Robinhood of Vietnam.” It launched in January 2021.

Vietnam 99
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Vietnam-based CoderSchool gets $2.6M pre-Series A to scale online course platform

TechCrunch

CoderSchool, a Ho Chi Minh City, Vietnam-based online coding school startup, announced today $2.6 In Vietnam, the demand for IT talent is dramatically increasing by 47% a year, while supply is only increasing by 8% year-on-year. Vietnam after-school learning startup Marathon raises $1.5M “Coding is the future.

Vietnam 99