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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.

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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-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.

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Vietnam triples its clean energy goals, aims to get 16% of its power from solar

Fast Company Tech

Vietnam is revising its energy plans to focus more on large solar farms and less on reliance on coal and natural gas. But Vietnam also is emphasizing expansion of large solar farms to meet soaring demand for power generation. But while it’s building clean power capacity, Vietnam is also ramping up use of coal.

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Mio, a social commerce startup focused on smaller cities and rural areas in Vietnam, raises $1M seed

TechCrunch

Vietnam has one of the fastest-growing e-commerce markets in Southeast Asia, but many major platforms still focus on large cities. Rajaram, Aatrey and Barnwal will become advisors to Mio co-founder and chief executive officer Trung Huynh, former investment associate at IDG Ventures Vietnam. billion in new $300 million fundraise.

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YC-backed Homebase is an alternative to traditional mortgages for home buyers in Vietnam

TechCrunch

The home ownership rate in Vietnam is about 90% , but many millennials are struggling to join that number. Part of Y Combinator’s latest batch, Homebase was founded in 2019 to give prospective buyers in Vietnam an alternative to traditional financing. Homebase co-founders Phillip An and Junyuan Tan.

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