Viet Nam’s financial marketplace and peer-to-peer (P2P) lending platform Tima has raised US$3 million in Series B funding from Belt Road Capital Management (BRCM), a Greater Mekong-focused private equity fund, Tima announced on Monday.
The Ha Noi People’s Committee has approved the urban design project in areas along Belt Road No 3. Accordingly, buildings in these areas could rise up to 50 storeys.
The Ministry of Transport plans to seek approval for funding from the South Korean government for a portion of Belt Road 3 from Tan Van District to Nhon Trach District in Dong Nai Province, according to the Ministry of Transport.
The transport sector has received the largest amount of official
development assistance (ODA) loans from Japan in Viet Nam, totaling
approximately 80 billion yen (nearly US$780 million) in 2013.
