The company, which also offers financial services and recently gained a digital bank licence in Singapore, said this month that group revenue had recovered to be comfortably above pre-pandemic levels. It has also said its ride-hailing business is breaking even in all its operating markets, including Indonesia, the biggest. It expects its food delivery business to break even by the end of the year. … [Read more...] about Southeast Asia’s Grab considering US IPO this year: sources
Select the capital sources for corporations
Vasco resumes flights connecting HCM City and Rach Gia
The Vietnam Air Services Company (VASCO), a member of the Vietnam Airlines Corporation, resumed its route between HCM City and Rach Gia on Monday to serve rising travel demand for Tet (Lunar New Year) holiday. … [Read more...] about Vasco resumes flights connecting HCM City and Rach Gia
Carrier Global redoubles efforts to deliver safety and sustainability amid pandemic
Carrier was one of the first air conditioning companies to become a member of the Vietnam Green Building Council (VGBC). Currently, Carrier serves millions of Vietnamese people with its sustainable solutions, integrating energy-efficient products, building controls, and energy services for residential, commercial, retail, hospitality, transportation, and food service clients, among others, including Ho Chi Minh Mausoleum, Hanoi Opera House, Danang Administrative Center, Pullman Saigon Hotel, and Vietcombank Tower. This reflects Carrier’s reliability as a trusted brand for local consumers, companies, and the Vietnamese nation in general. … [Read more...] about Carrier Global redoubles efforts to deliver safety and sustainability amid pandemic
VinaCapital Ventures invests millions of dollars in livestream startup
The signing ceremony held in Nghe An Province on January 15 – PHOTO: GOSTREAM HCMC - Vietnamese livestream startup GoStream, which provides multi-platform livestream broadcaster for vendors, marketers and content creators, has secured millions of dollars in investment from VinaCapital Ventures, a tech-focused venture capital fund of VinaCapital. … [Read more...] about VinaCapital Ventures invests millions of dollars in livestream startup
Foxconn invests in 270-million USD laptop plant in Bac Giang
Bac Giang (VNA) – Foxconn Singapore PTE Ltd will build a 270-million USD plant to produce laptops and tablets at Quang Chau industrial park in the northern province of Bac Giang. The company was among four projects of Singaporean and Hong Kong investors with total capital of nearly 570 million USD awarded investment certificates at a ceremony on January 18. Besides Foxconn, Risesun Investment Pte.Ltd (Singapore) will pour 75 million USD in a plant to produce plastic and composite products and 6 million USD into another factory to manufacture PVC decorative films at Hoa Phu industrial park. Ja Solar Investment (Hong Kong) Limited invests 210 million USD in a photovoltaic manufacturing plant at Quang Chau industrial park. Addressing the ceremony, Chairman of the provincial People’s Committee Le Anh Duong pledged to provide investors with the best technical infrastructure and services while facilitating administrative procedures for those landing investment in the … [Read more...] about Foxconn invests in 270-million USD laptop plant in Bac Giang