Singapore’s Expara Venture Fund announced the $50-million Expara Southeast Asia Ventures Fund on August 4, investing in tech startups in Southeast Asia, with 50 per cent going to Vietnamese startups.
Nano Technologies Vietnam - a pioneer in providing a flexible salary payment model through the Vui App platform - raised $6.4 million on August 3 in a Series A funding round led by the Openspace investment fund. Vui App empowers employees to take control of their finances and choose their own payday.
Deputy Prime Minister Le Van Thanh has signed a Decision approving the planning for inland waterway infrastructure in the 2021-2030 period and vision to 2050. The required investment totals VND157.53 trillion ($6.91 billion) in 2021-2030.
Funds of VND240 trillion ($10.54 billion) are needed to develop railway infrastructure over the next decade, and construction of the first two sections of the North-South high-speed railway will start in 2028, the Ministry of Transport has said. It will also prioritize investment in railways connecting Vietnam with China, to facilitate exports to Europe.