Vietnam’s business flows are getting more eventful in the final week of April 2021
Vietnam’s Bamboo Airways plans to raise up to $200 million in an initial public offering in the United States, potentially securing a market capitalisation of up to $4 billion. CEO Trinh Van Quyet of property and leisure company FLC Group said that Bamboo Airways plans to offer a 5%-7% stake in the IPO which is expected to be situated in the third quarter of this year. He also added that Bamboo Airways has hired an international auditing firm for the potential offering on the New York Stock Exchange.
Vingroup JSC, Vietnam’s largest conglomerate which was founded in 1993 in Ukraine, is working with Credit Suisse Hong Kong for the potential offering on the New York Stock Exchange, and considering a U.S. initial public offering (IPO) of its car unit that could value VinFast at about $60 billion.
A consortium of investors, led by Singapore-based advisory firm Reciprocus Financial Services Pte Ltd (RFS), acquired a 13% stake in CityClinic Asia Investments Pte Ltd (CCAI), which holds a 100% foreign investor license for Vietnamese healthcare operations and fully owns and runs three primary and specialist care clinics under the “CarePlus” brand in Ho Chi Minh City, Vietnam. The investment by RFS is held through Reciprocus Viethealth (Holding) Pte Ltd (RVH).
Docosan, a Vietnam-based health-tech startup, announced today that it has raised over US$1 million in a round led by Taiwanese VC firm AppWorks. Singaporean VC firm Huat Ventures and biotech entrepreneur David Ma also participated in the round. While Docosan has not disclosed its plans with the fresh capital, it said it will add telehealth and pharmacy services to its platform. Docosan’s goal is to improve access to quality healthcare for people in Vietnam. The app enables patients to compare healthcare providers, book appointments, chat with primary care assistants, and manage health data for free. Docosan uses internationally-recognised protocols such as HIPAA (the Health Insurance Portability and Accountability) and DICOM (Digital Imaging and Communications in Medicine) to ensure health records are portable across many different systems.
Ever since the United States banned Huawei from featuring the Google Play Store in its smartphones, the Chinese smartphone giant has been using its own Android app store- named AppGallery- to let millions of users download and update their applications. Recently, security researchers from antivirus firm Doctor Web found that more than half a million Huawei devices were running apps downloaded from Huawei’s AppGallery that camouflaged the Joker malware, a well-known malware that signs up users to premium services without their knowledge or consent. According to the researchers, the malware’s operators used ten seemingly harmless apps, ranging from a camera app, a virtual keyboard app, a sticker collection app, to a gaming app, to spread the Joker malware to as many as 538,000 Huawei devices where these apps were downloaded. A majority of the infected applications appear to be from a single developer, Shanxi Kuailaipai Network Technology Co.
During the Apple Spring Loaded 2021 event situated on the 20th of April (GMT +7), Apple showed off many new products, along with new appearance of many other products which are already familiar with billions of their users, such as the purple version of iPhone 12 or the new look of iMac. Also at this night, they brought the new update of Find My app around, which allows third-party devices users to find objects with AirTags.
Briefly introducing AirTags, these are really handy devices with the diameter of only about 1.3 inches and the thickness of approximately just 0.3 inches, which make it weigh just about 0.4 ounce. Technically, AirTags work on batteries, and each is facilitated with an Apple’s U1 chip which is also equipped in iPhones and iPads, using Ultra Wideband technology for coordinating precisions. AirTags also include other features such as making sounds, recording images, vibration, along with free carving signs on the plastic face so as to make it easy for searching objects.
Sources of information include Reuters, Dealstreet Asia, Tech In Asia, Tech Genix, Digital Trends.