Hanoi (VNS/VNA) 🧸- Four Vietnamese companies were named in the Forbes Asia 100 to Watch list.
The list includes Logivan, a Vietnamese platform that connects truckers with shipping companies; Lozi, one-hour-delivery e-commerce startup; Med247 an offline-to-online health-tech startup; and Hoozing, an application providing user reviews, price calculation tools, and digital payment options in property leasing and sales.
The Forbes Asia 100 to Watch list highlights 100 small notable companies and start-ups on the rise across the Asia-Pacific.
Seventeen countries and territories have representatives in the Top 100 this year.
Lively start-up communities in India and Singapore produced 22 and 19 companies respectively, while Hong Kong has 10 and Indonesia eight.
Mainland China has just four, as many candidates were above the required maximums for revenues or funding.
Forbes Asia 100 to Watch was selected from 900 submissions. To qualify for consideration, companies have to be headquartered in the Asia-Pacific, be at least one year old, privately owned, for profit, and have no more than 20 million USD in its latest annual revenue or total funding as of August 1.
Forbes evaluated each submission, looking at metrics such as a positive impact on the region or industry, a track record of strong revenue growth or ability to attract funding, promising business models or markets, and a persuasive story./.
Educa Corporation, a Vietnamese educational technology (Edtech) startup, has raised 2 million USD in a Series A funding round from Singapore-based ReDefine Capital Fund.
Vietnam will emerge in 2022 as the third largest startup ecosystem in Southeast Asia, with stronger signs of venture capital (VC) funds putting more efforts into early-stage investments in the country, according to a new report by venture capital (VC) firm Golden Gate Ventures.
For many startups, the COVID-19 pandemic has been a nightmare. However, the pandemic has also opened up a number of new opportunities for those prepared to innovate.
Loship, a delivery startup in Vietnam, has announced that it successfully raised 12 million USD in Pre-Series C round, bringing the company’s valuation to over 100 million USD, according to DealStreet Asia.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
Lozi's Loship, one-hour-delivery e-commerce startup (Photo: tvphapluat.vn)
