Duc Dao

Canada's Enablence Technologies has raised C$25 million ($18 million) to expand production of optical chips at its California plant and a Vietnam facility run in collaboration with ShunYun Technology, an unit of Taiwan's Foxconn.

South Korea's ITM Semiconductor recovered about KRW3.5 billion ($2.47 million) out of an employee embezzlement worth KRW13.2 billion at its Vietnamese subsidiary ITM Semiconductor Vietnam.

Alphabet's self-driving unit Waymo will launch a fully autonomous, all-electric ride-hailing service in Singapore by 2028, its first market in Southeast Asia.

France's energy giant Schneider Electric will invest S$25 million ($19.6 million) in upgrading it smart automation and digital capabilities at its Hub Asia Distribution Center in Tuas, Singapore.

Italy's export-credit agency SACE has guaranteed a $200 million loan for VinFast's Vietnamese unit, in order to expand Italian exports to Vietnam as the electric-vehicle (EV) maker seeks capital.

In an interview with TNGlobal for the Discover Vietnam Tech series, Fairthorne discussed why finance professionals are investing in solar, how rooftop power fits into Vietnam’s energy grid, and the largely untapped market for surplus electricity.

Data-and-AI company Databricks, based in the United States, will invest more than $350 million in Singapore over three years, doubling its local workforce and quadrupling its office space as enterprises adopt AI.

Hang Ten Systems, an enterprise-AI services startup founded by former Infosys chief executive Vishal Sikka, has raised an additional $53 million led by Singapore-based Xora Innovation, a Temasek-backed fund.

VinFast, the Nasdaq-listed Vietnamese electric-vehicle (EV) maker, will buy a real-estate company from its founder, billionaire Pham Nhat Vuong, for about $1.2 billion, in order shore up its finances.

Anthropic, the developer of Claude AI, will join hands in Western Downs Digital Park, a data center project in Australia worth A$31.9 billion ($22.2 billion).