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Business deals

Vietnam's VinaCapital buys Singapore robo-advisory platform

Fund to help Smartly crack more Southeast Asian investment markets

Smartly seeks to provide users with basic financial literacy and an opportunity to invest easily at a low fee.

HANOI -- Ho Chi Minh-based investment firm VinaCapital on Tuesday announced the acquisition of the operations of Singapore-based robo-advisory investment platform Smartly Pte Ltd.

Financial terms of the deal were not disclosed.

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