Yi and Shin started Ethos Fund two years ago to bridge opportunities and startup communities between Vietnam and the United States.
They are also investing smaller checks into third culture founders there who fall into categories, including returned Vietnamese diaspora, Vietnamese Americans and expats residing in Vietnam, and subsequently doubling-down with larger checks into validated startups.
“Ethos is called Ethos because we focus on the ethos of the founders,” Yi said.
One of the things Yi noticed about his startups was that they weren’t growing past a certain stage.
Now the pair wants to help startup founders figure those lessons out early.
Vietnamese EV startup VinFast is trying to get into the electric pickup truck game, as it revealed a new concept called the VF Wild at CES 2024 in Las Vegas.
The company announced it also plans to start selling its smallest EV, the VF3, outside of Vietnam as previously hinted.
The VF3 is a plucky little EV that VinFast announced in Vietnam earlier this year.
Developing a truck and globally launching a compact EV aren’t even the biggest things on VinFast’s plate.
Globally, the overwhelming majority of VinFast’s EV sales have been to a taxi company owned by Vuong.
VinFast, Vietnam’s electric vehicle manufacturer, plans to initially invest $500 million to set up an integrated facility in India and break into the world’s third-largest automobile market.
The memorandum of understanding with the state government of Tamil Nadu, unveiled on Saturday, earmarks an investment of up to $2 billion, the company said without giving a concrete timeframe.
“We are delighted that VinFast has chosen to invest in Tamil Nadu to establish its integrated EV facility.
Nonetheless, India has been an attractive market for global EV players as the country aims to have 30% electrification by 2030.
Its India deal announcement follows VinFast naming its founder and biggest backer, Pham Nhat Voung, as CEO earlier on Saturday.
Medigo is excited to announce its new funding. The company plans to use the funds to expand its telehealth ecosystem, which will allow patients worldwide to receive prescriptions and other…
