Vietnamese real estate startup raises 30 million USD of funding
Homebase, a Vietnamese proptech startup, has raised 30 million USD of funding from many world leading adventurous funds including Y Combinator, Partech Partners, Goodwater Capital, Ace and Company and Emles Advisors.
Homebase co-founders Phillip An (left) and JunYuan Tan. (Photo: Homebase
HCM City (VNA) - Homebase, a Vietnamese proptech startup, has raised 30 million USD of funding from many world leading adventurous funds including Y Combinator, Partech Partners, Goodwater Capital, Ace and Company and Emles Advisors.
Homebase had earlier successfully called for funding from many investors such as VinaCapital Ventures; Brian Ma, co-founder and former CEO of Divvy Homes; Troy Steckenrider III, former chief operating officer of Zerodown; and 99.co founder and CEO Darius Cheung.
Vietnam is one of the fastest growing real estate markets in the world, but the chance for young people to have their own house is becoming harder.
Statistics from CBRE showed that in the third quarter of 2021, housing prices in Ho Chi Minh City rose 3-17 percent.
Founded in 2019, Homebase provides revolutionary and accessible products that empower homeowners to buy, sell, and own homes in ways that work best for themselves.
Tracy Vu, Homebase Director for Business Development said that the firm hopes to work more closely with leading real estate companies in Vietnam to help more Vietnamese people to own their own house, and get more chances to work with real estate brokers to access better financial tools to serve customers./.
COO Builder, which supports startups of the Republic of Korea (RoK) to operate in Vietnam, has opened a startup centre in Ho Chi Minh City, reported the RoK’s Aju business daily.
The Ministry of Planning and Investment (MPI) and the US Agency for International Development (USAID) on October 1 launched the Vietnam Workforce for an Innovation and Start-up Ecosystem (WISE) project.
A Russian programme on the development of startups’ business plans kicked off in Saint Petersburg on October 4, aiming to bring Russian projects to the Vietnamese market and attract Vietnamese investment in Russia.
More and more startups nowadays are committed themselves to finding innovative solutions to environmental problems. Rens Original, a sustainable fashion startup co-founded by Jesse Khanh Tran and Son Chu, two Vietnamese young men studying and living in Finland, is one of them.
The National Startup Support Centre of Vietnam (NSSC) and other organisations in the country on November 11 signed a Memorandum of Understanding (MoU) with the Association of Small and Medium-sized Enterprises and Crafts of the Czech Republic (AMSP ČR) with the aim to develop the two countries’ start-up ecosystem and entrepreneurship.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
Homebase co-founders Phillip An (left) and JunYuan Tan. (Photo: Homebase 
