Author: Duc Dao

Asia Pacific to drive two-thirds of global retail growth as agentic AI gains momentum

The Asia Pacific region is expected to generate around two-thirds of the world’s new retail sales over the next five years, driven by a consumer base of more than 4.3 billion people, 18 megacities, and a rapidly expanding middle class.

Payment platform ShopBack, restaurant tech platform Eats365 partner up to power F&B growth in Hong Kong

ShopBack, a shopping-rewards-payment platform in the Asia-Pacific, has announced a strategic partnership with Eats365, a restaurant tech platform, to integrate rewards, payments, and consumer engagement capabilities into offline food and beverage (F&B) operations in Hong Kong.

Singapore-based cloud service OrtCloud raises $1.7M pre-seed funding to advance AI-focused cloud infrastructure

OrtCloud, a Singapore-based cloud infrastructure company, has raised $1.7 million in a pre-seed funding round led by Southeast Asia-focused early-stage venture capital firm Golden Gate Ventures, with participation from early-stage investor Antler.

Ride-hailing service GSM launches electric mobility platform in Indonesia, Philippines

Green and Smart Mobility (GSM), the ride-hailing service under the ecosystem of Vietnam's conglomerate Vingroup, has launched its shared business platform, Green SM Platform, in Indonesia and the Philippines.

Vietnam’s EV maker VinFast aims to up localization rate from 60% to 80%

VinFast, the electric vehicle (EV) manufacturer of Vietnam's conglomerate Vingroup, aims to raise its localization rate from 60 percent to 80 percent in 2026.

China’s printed circuit board manufacturer Victory Giant Technology posts $470M revenue in Vietnam in 2025

Victory Giant Technology, a Chinese manufacturer of printed circuit board (PCB), posted a revenue of RMB3.23 billion ($473 million) in Vietnam in 2025, according to the firm's "Global Offering" filing with the Hong Kong Stock Exchange (HKEX) on April 10.

Southeast Asia-focused courier J&T Express increases parcel volume to 8.33 Billion in Q1/2026

J&T Global Express (J&T Express), a global logistics service provider affiliated with e-commerce platforms such as TikTok, Temu, SHEIN, reported first-quarter 2026 parcel volume of 8.33 billion, a 26.2 percent increase year-on-year, with average daily volume reaching 92.5 million.

Vietnam’s Viettel Telecom, China’s iFLYTEK to jointly advance Vietnamese AI voice

Vietnam’s telecommunication giant Viettel Telecom (VTT) and China-based AI company iFLYTEK have signed a strategic cooperation agreement with to develop voice artificial intelligence (AI) technologies for the Vietnamese market, with a focus on speech processing and localization.

Vietnam’s crypto trading platform CAEX secures investment from OKX Ventures, HashKey Capital

Vietnam Prosperity Crypto Asset Exchange Joint Stock Company (CAEX) has secured investment agreements with OKX Ventures and HashKey Capital, with the partners set to contribute funds to help the company meet the minimum capital requirement of VND10 trillion ($380 million).

India-based cloud infrastructure firm Nava raises $22M Series A, expands APAC activity

India-based Nava, a cloud infrastructure company focused on GPU compute and AI data centers across the Asia-Pacific region, has raised $22 million in a Series A funding round.