By Quynh Nguyen
The Vietnam-based startup is one of the 17 startups selected for the first batch of Surge.
AirAsia has ended an agreement with Gumin Company Ltd and Hai Au Aviation to set up a low-cost carrier.
The airlines’ shares, which are currently traded on the Unlisted Public Company Market, will publicly list on the southern bourse.
In March, South Korea’s SK Group announced plans to invest $1 billion in Vingroup JSC. Last September, it bought a 9.5 percent stake in Masan Group Corp.
The ride hailing service firm first launched the service in Ho Chi Minh City (HCMC) a few months ago.
The financing for VNPAY is GIC’s first investment in a Vietnamese fintech company.
Credit Suisse AG (Singapore branch) has sold 27.7 million shares of Masan Group Corporation to six Vietnamese individuals.
The JV aims to produce lithium-ion batteries for the Vietnamese carmaker’s electric scooters and electric vehicles.
Malaysian conglomerate Boustead Holdings Bhd has named Datuk Seri Amrin Awaluddin as its managing director.
VinCommerce, the retail store arm of Vietnamese conglomerate Vingroup, has acquired 87 Shop&Go convenience stores for $1.