Duc Dao
Hyundai exports made-in-Vietnam cars to Mexico, Australia, target 15,280 units in 2026
Hyundai Thanh Cong, a Vietnam-Korea joint venture that assembles Hyundai vehicles in Vietnam, held a ceremony last Friday to mark the first shipments of Vietnam-made Hyundai cars to Mexico and Australia, part of a plan to export 15,280 units in 2026.
Technology firms of Vietnam, Singapore to jointly digitize cross-border letter-of-credit verification
Vietnamese technology company PILA and Singapore-listed TOTM Technologies will jointly develop cross-border digital trust infrastructure for ASEAN, starting with a system to verify letters of credit between banks in the two countries.
Vietnam’s EV maker VinFast, Indonesia’s Gowa Motor to form joint venture for 30 EV showrooms
Electric-vehicle (EV) maker VinFast, under Vietnamese conglomerate Vingroup; and Gowa Motor Group, an Indonesian automotive group, will form a joint venture to develop VinFast's dealership network in Indonesia, targeting at least 30 showrooms and service centers.
Zeekr extends RM1.20/kWh fast-charging rate to all DC Handal stations in Malaysia
Zeekr, the premium electric-vehicle brand of China's Geely Holding Group, said its Malaysian unit has extended a discounted direct-current fast-charging rate of MYR1.20 ($0.29) per kilowatt-hour to all DC Handal charging stations nationwide, having previously offered it only at selected locations.
Fast-fashion retailer SHEIN targets $35–40B valuation in Hong Kong IPO on $41.8B revenue
SHEIN, a global online fashion and lifestyle company, is targeting a valuation of $35-40 billion in its planned initial public offering on the Hong Kong stock market, analysts noted.
Malaysia remains Grab’s biggest revenue source with $622M in H1/2026
Malaysia remained Grab's biggest revenue source in the first half of 2026, generating $622 million as the Singapore-based superapp's total revenue climbed 23 percent year-over-year to $1.95 billion.
Indonesia opens first university-based AI research center at UGM with NVIDIA, Indosat
Indosat Ooredoo Hutchison, NVIDIA, Universitas Gadjah Mada (UGM), and the Ministry of Communication and Digital Affairs have launched the UGM Indosat NVIDIA AI Technology Center (NVAITC), Indonesia's first university-based AI technology center.
Dutch chipmaker NXP breaks ground on Malaysia factory, expanding site to 900,000 sq ft
NXP Semiconductors, a Dutch chipmaker, broke ground on a new assembly and test factory expansion in Petaling Jaya, Malaysia, expecting to more than double the facility's output once fully operational.
Marketing firm Klaviyo opens Asia headquarters in Singapore as AI reshapes shopping
The United States-based marketing software company Klaviyo has opened its Asia headquarters in Singapore with support from the Singapore Economic Development Board.
SpaceX’s satellite Internet service Starlink officially launches in Vietnam
Starlink, the satellite internet service operated by billionaire Elon Musk's SpaceX, has officially launched commercial service across Vietnam.
