Global investors are demonstrating a more consistent sense of confidence in Vietnam as record levels of IPO and private equity activity suggest the country has largely dispelled a reputation for volatility
Annual private equity investment in Vietnam surpassed $3 billion for the first time in 2018, more than the total for the preceding four years combined. It is testament to increasing appetite for exposure...
Newlink Group, operator of a platform that helps drivers in China locate the best value gas stations, has raised a RMB900 million ($128 million) Series D round led by China Capital Investment Group. Xiaomi Corporation also participated.
Chinese biotech start-up Harbour BioMed has raised $102.8 million in Series C funding. It comes four months after it closed an extended Series B round of $75 million.
Vietnam’s VinaCapital and Japan’s Daiwa PI Partners are poised to make a partial exit from Vietnamese dairy producer International Dairy Products (IDP).
BlueCity Holdings, the VC-backed holding company for Chinese gay dating platform Blued, traded strongly after raising $84.8 million through a NASDSAQ IPO.