NextTech and Next100 invest $500,000 in Chatbot Vietnam

NextTech Group on Monday announced it will invest US$500,000 into Chatbot Viet Nam Technology Joint Stock Company, which runs Bot Ban Hang – a chatbot platform for sellers and advertisers in Vietnam.

NextTech and Next100 invest $500,000 in Chatbot Vietnam

The theme of Bot Ban Hang platform. The start-up received US$500,000 investment from NextTech Group. — Photo courtesy of NextTech Group

In the middle of COVID-19, the technology startup Chatbot Vietnam Co., Ltd. received $500,000 investment from domestic technology company NextTech Group of Technopreneurs and early-stage-focused fund Next100. At a time when people are getting used to text messaging, the product is expected to become one of the key tools of online trade.

With the seed capital of half a million dollars, the company will expand its customer base for the product Bot Ban Hang.

Founded at the end of 2017, Bot Ban Hang is one of Vietnam's first chatbot platforms which supplies professional messages to answer queries and aid customer interaction for online businesses.

More than 14,700 businesses have installed Bot Ban Hang and the app has attracted 10 million customers or more from five countries such as Vietnam, Taiwan, the United States, Korea, and Japan. The company attracted over 14,000 businesses and 10 million customers from Vietnam.

Bot Ban Hang's notable features include building up a list of potential customers for each user, saving customers' search history, and arranging an experiential journey for them with the company’s products, as well as interacting with customers. With these useful attributes, the platform helps not only the company to generate revenue and save 80 per cent of online time and 60 per cent of workforce but also helps customers to have an enjoyable and fulfilling online trading experience.

Along with blockchain, AI, and big data, chatbots have been a startup trend in Vietnam since 2017. The most commonplace applications are Google Assistant of Google, Cortana of Microsoft, and Messenger of Facebook. These platforms aid people by serving as digital personal assistants and help with online transactions and customer care services. Besides, there are more commercial activities which are prevalent among people like booking, shopping, searching, and goods inquiries that are all supported.

With the enormous benefits it brings about, chatbots are now popular among tech companies, especially startups. Every day, there are more than 11,000 chatbots on Facebook being used.

Finhay raises 7-digits of funding

 
NextTech and Next100 invest $500,000 in Chatbot Vietnam

Finhay, a Vietnamese fintech start-up, has raised seven-digits worth of investment.

The investment came from Jeffrey Cruttenden, co-founder of the popular US savings app Acorns, Thien Viet Securities, and other investors. Further details were not disclosed.

The firm said it would use the funding to expand its market reach, optimise information technology infrastructure, and recruit more workers, said Techinasia.

Finhay was founded in 2017. It is a wealth management platform that helps users perform micro-investments in mutual funds in Viet Nam starting from just VND50,000 (US$2.1).

Finhay previously raised a total of $1.1 million from Australia’s H2 Ventures and Singapore’s Insignia Ventures Partners. — VNS/VIR/VNN

Vietnamese start-ups continue to pull in investment

Vietnamese start-ups continue to pull in investment

Investment in Vietnamese start-ups is growing sharply with millions of dollars pledged in 2019 and the first two months of 2020, according to Singaporean venture capital firm Cento Ventures.

Gov't and private sector must join hands to lift start-up community

Gov't and private sector must join hands to lift start-up community

Ly Dinh Quan, director of the Songhan Incubator, one of the first private start-up incubators in Vietnam, talks with reporter Chi Lan about the role of the private sector to support a new generation of start-ups in Vietnam.

 
 

Other News

.
Vietnam’s network sharing deal a boon for future telco collaborations: Fitch Solutions
Vietnam’s network sharing deal a boon for future telco collaborations: Fitch Solutions
SCI-TECH & ENVIRONMENTicon  22/06/2020 

Vietnam’s four State-owned mobile operators – Viettel, VNPT-Vinaphone, GMobile and MobiFone – have just agreed to share some 1,200 base transceiver stations (BTS), 

Users urged to be careful when using Facebook ‘gender swap’
Users urged to be careful when using Facebook ‘gender swap’
SCI-TECH & ENVIRONMENTicon  22/06/2020 

FaceApp’s "gender swap" filter has generated the hashtag "#faceappchallenge" and received hundreds of thousands of shares on Facebook and Instagram, raising concerns about security and the risk of sharing this information.

Central Highlands targets 49.2 percent in forest coverage in 2030
Central Highlands targets 49.2 percent in forest coverage in 2030
SCI-TECH & ENVIRONMENTicon  22/06/2020 

The Central Highlands region aims to raise its forest coverage to 49.2 percent, and forest area to 2.72 million hectares by 2030.

Rare annular solar eclipse visible in Hanoi, Danang, Hung Yen
Rare annular solar eclipse visible in Hanoi, Danang, Hung Yen
SCI-TECH & ENVIRONMENTicon  22/06/2020 

Hanoi, the central city of Da Nang and Hung Yen city saw a rare annular solar eclipse occur on the afternoon of Jun 21, with residents in the capital being able to see the partial eclipse covering nearly 21% of the sun.

AI-based Vietnamese-language voice solutions launched
AI-based Vietnamese-language voice solutions launched
SCI-TECH & ENVIRONMENTicon  20/06/2020 

The Ministry of Information and Communications launched two Vietnamese-language speech-to-text generator VAIS and text-to-speech engine Vbee during a ceremony in Hanoi on June 19.

Dolphin stuns beachgoers at Cam Ranh Bay
Dolphin stuns beachgoers at Cam Ranh Bay
SCI-TECH & ENVIRONMENTicon  20/06/2020 

A large dolphin has paid a rare visit to the shallow waters of Cam Ranh Bay in the south central coastal province of Khanh Hoa.

Viettel among investors of new high-speed under-sea cable ADC
Viettel among investors of new high-speed under-sea cable ADC
SCI-TECH & ENVIRONMENTicon  20/06/2020 

The telecom giant Viettel on June 19 announced it is among the members of a consortium developing a high-performance under-sea cable connecting Vietnam, China, Japan, the Philippines, Singapore and Thailand.

Vietnam alliance of business for environment launched
Vietnam alliance of business for environment launched
SCI-TECH & ENVIRONMENTicon  20/06/2020 

For the first time in Vietnam, an alliance of business enterprises for environmental protection has been launched to tackle environmental issues in the country.

Facebook removes Trump ad over 'Nazi hate symbol'
Facebook removes Trump ad over 'Nazi hate symbol'
SCI-TECH & ENVIRONMENTicon  19/06/2020 

The tech giant says a campaign ad featuring a red triangle used in Nazi Germany violated its policy.

Zero-waste communities emerge in Hoi An
Zero-waste communities emerge in Hoi An
SCI-TECH & ENVIRONMENTicon  20/06/2020 

Reserving a 2,600sq.m garden in Dong Na Village in Cam Ha Commune – a farming intensive suburban area of Hoi An – local farmers and businesses have joined hands to debut the first zero-waste agriculture

‘Pay as you throw away’ could solve waste problems
‘Pay as you throw away’ could solve waste problems
SCI-TECH & ENVIRONMENTicon  19/06/2020 

It's common in Vietnam to see people throw garbage on a dumping area by the pavement, then collectors come to load the waste into garbage carts and transport to treatment areas.

Vietnamese Govt considers fee for domestic waste treatment by volume
Vietnamese Govt considers fee for domestic waste treatment by volume
SCI-TECH & ENVIRONMENTicon  23/06/2020 

If the draft law is approved, people will pay a waste collection and treatment fee based on the amount of waste they produce.

US-China row moves underwater in cable tangle
US-China row moves underwater in cable tangle
SCI-TECH & ENVIRONMENTicon  18/06/2020 

In another sign of growing tension, a high-speed internet cable looks set to be blocked by the US.

Japanese team gives up project to revive Hanoi’s polluted river
Japanese team gives up project to revive Hanoi’s polluted river
SCI-TECH & ENVIRONMENTicon  18/06/2020 

The Hanoi Department of Construction has once again requested the team to show their legal documents, but so far the company has not responded to the request.

Three Vietnamese female scientists named among Top 100 Asian researchers
Three Vietnamese female scientists named among Top 100 Asian researchers
SCI-TECH & ENVIRONMENTicon  18/06/2020 

Three Vietnamese female scientists have been named among the 100 most outstanding researchers of the year, according to Singapore’s Asian Scientist Magazine.

sPhoton Chat: useful ‘virtual assistant’ for businesses’ internal affairs
sPhoton Chat: useful ‘virtual assistant’ for businesses’ internal affairs
SCI-TECH & ENVIRONMENTicon  22/06/2020 

Most ‘virtual assistants’ in Vietnam are chatbots that sell goods or take care of customers, but ePhoton focuses on reducing time for compliance activities at enterprises.

Facebook to let users turn off political adverts
Facebook to let users turn off political adverts
SCI-TECH & ENVIRONMENTicon  17/06/2020 

Facebook boss Mark Zuckerberg says users will be able to turn off political adverts on the social network in the run-up to the 2020 US election.

Flood and drought remain key challenges for Mekong region: Report
Flood and drought remain key challenges for Mekong region: Report
SCI-TECH & ENVIRONMENTicon  17/06/2020 

Extreme low flows and extensive flooding of different communities along the Mekong River last year and an increasing number of droughts that have occurred in many parts of the region in recent years

Tay Ninh establishes new Lo Go-Xa Mat National Park
Tay Ninh establishes new Lo Go-Xa Mat National Park
SCI-TECH & ENVIRONMENTicon  17/06/2020 

Vice Chairman of the Tay Ninh provincial People’s Committee Tran Van Chien has signed a decision on establishing a new Lo Go-Xa Mat National Park 

Large number of traps for hunting wild animals in Da Nang seized
Large number of traps for hunting wild animals in Da Nang seized
SCI-TECH & ENVIRONMENTicon  17/06/2020 

A large number of traps used for hunting wild animals on Son Tra Peninsular have been seized in the central city of Danang.

 
 
 
Leave your comment on an article

OR QUICK LOGIN