Duc Dao

Hong Kong-based firm now owns 36% at Vingroup-affiliated GSM VN Holding

Smart & Green Trans Limited (SGT), a company incorporated in Hong Kong, now holds about 36.17 percent of GSM VN Holding, which is affiliated with Vietnam's ride-hailing service GSM.

Vietnam’s FPT, France’s Quandela to jointly build quantum ecosystem

Vietnam's tech giant FPT and Quandela, a French photonic quantum computing company, will jointly develop quantum technology cooperation and support Vietnam's quantum ecosystem.

ABB pays $495M for 51% of APAC low-voltage JV with Mitsubishi Electric

ABB will pay JPY79 billion ($495 million) for a controlling 51 percent stake in a new Asia-Pacific low-voltage joint venture with Mitsubishi Electric’s power distribution business.

VinFast revenue rises 85% to $1.2B in Q2/2026, loss widens to $1.2B

VinFast, the electric vehicle (EV) maker under Vietnamese conglomerate Vingroup, reported unaudited second-quarter 2026 revenue of VND30,340.9 billion ($1.2 billion), up 85 percent from a year earlier, the company said on Monday.

Freshket and Betagro representatives beside the companies' logos

Thailand’s food company Betagro takes majority stake in digital food supply platform Freshket

Betagro, a Thai integrated food company, has acquired a majority stake in Freshket, a digital food supply platform for the hotel, restaurant, and catering sector.

Singapore Singtel, Sweden Ericsson to jointly scale 5G, AI-native networks

Singtel and Ericsson have signed a five-year strategic partnership to expand Singapore's 5G Advanced capabilities, accelerate AI-native applications, and build more reliable connectivity for businesses and consumers.

UK’s Primary Health Properties expects £0.5B from Singapore’s GIC hospital venture to cut debt

The UK-based Primary Health Properties expects about £0.5 billion ($670 million) in net cash from a joint venture with Singapore’s GIC, a sovereign wealth fund, and will use the money to cut debt.

Japan’s SBI, Singapore’s Startale join Open Standard to explore yen-dollar stablecoin link with JPYSC, OUSD

SBI Holdings, the Japanese financial services group, and Startale Group, a Singapore-registered Web3 infrastructure developer, have joined Open Standard, an alliance backing the U.S. dollar stablecoin Open USD (OUSD).

France’s Alstom books €800M for Vingroup’s Hanoi metro trains

France’s Alstom has secured a first-tranche order worth about €800 million ($910 million) for metropolis metro trains within Hanoi's urban rail projects, the French rail-technology company said.

San Francisco-based Horizon3 opens ASEAN headquarters in Singapore, backed by EDBI, SG Growth Capital

Horizon3, a U.S. security company that sells AI-driven proactive testing software, will establish its ASEAN headquarters and a regional center of excellence in Singapore.