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Skype co-founder Jaan Tallinn is the latest big tech name to invest in Vietnamese startup Loship Tallinn’s investment in Loship puts him on a list of global tech leaders betting on Vietnamese tech startups, which has shown resilience and growth even amidst COVID-19. Thus, Loship is poised to become a prominent tech figure for any seasoned investor looking at Vietnam, according to Loship CEO Trung Hoang Nguyen. "MetaPlanet’s investment will help us build a much stronger image of Loship as a National Startup Hero. The competition will be much steeper in the long term, and we hope to pick up deep tech insights from Jaan Tallinn that can be applied to the Vietnam market,” he further opined. The latest fundraising, which is part of the startup’s Series C round, comes just four months after its undisclosed bridge round led by Vulpes Investment Management. The new funding would fuel Loship's path to becoming Vietnam’s leading one-hour-delivery e-commerce platform. “We already have … [Read more...] about Vietnam’s delivery e-commerce startup Loship raises funds from Skype co-founder

Head of the Vietnam representative office of Genesia Venture s Hoang Thi Kim Dung speaks at a workshop on attraction of venture investment capital for innovative startups (Photo: hoilhpn.org.vn) Hanoi (VNA) - Investor s are confident in the potential of Vietnam's innovative startup ecosystem, and believe the country will become a big investment market in the region and the world, according to head of the Vietnam representative office of Genesia Ventures, an investment fund of Japan, Hoang Thi Kim Dung. According to a report published by Do Ventures - a venture capital fund that focuses on making investments in tech startups in Vietnam and Southeast Asia -  in 2020, Vietnam's innovative startup ecosystem ranked third in Southeast Asia, after Singapore and Indonesia. Vietnam’s national innovation startup ecosystem is likely to earn a berth in the top 15 emerging ones in the Asia-Pacific region by 2030, the report said. The Prime Minister in 2016 approved a project … [Read more...] about Investors confident in Vietnam’s innovative startup ecosystem

Illustrative image (Photo: VNA) Hanoi (VNA) - The Hapaco Group JSC is planning to invest 4 trillion VND (174.1 million USD) in a wind power project in the Central Highlands province of Gia Lai. The project is among those to be submitted for approval at the group’s annual shareholders’ meeting, which is slated for March 14. The meeting will also discuss an investment in building a 23-ha care centre for the elderly in the northern city of Hai Phong’s Thuy Nguyen district as well as Hapaco’s new development orientations in social housing and guest worker services. Hapaco (stock code HAP) was one of the first listed on Vietnam’s stock market. As of December 31 last year, its total asset exceeded more than 808 billion VND. Last year, the group reeled in 335 billion VND in revenue, an annual decrease of 11 percent. Its after-tax profit, meanwhile, hit 34.3 billion VND, up 69 percent on-year./. VNA … [Read more...] about Hapaco eyes investment in 4-trillion-VND wind power project