Duc Dao

Vietnam’s AI infrastructure provider GreenNode triples capital to $32M

GreenNode, the artificial-intelligence (AI) cloud unit of Vietnam's tech giant VNG, has registered an increase in its charter capital to VND835 billion ($32 million) from VND 245 billion.

Thailand’s SCG to soon restart Long Son Petrochemicals complex in Vietnam

The Siam Cement Group (SCG), a major industrial conglomerate in Thailand, will soon resume operation of the $5-billion Long Son Petrochemicals (LSP) complex in Vietnam.

Singapore DayOne Data Centers secures $3.7B financing package from 7 lenders

A group of seven banks has arranged an expanded multi-currency financing package of MYR15 billion ($3.7 billion), for DayOne Data Centers, a Singapore-headquartered digital infrastructure company.

Singapore-based Bitdeer AI adds 60MW Malaysia facility, lifting secured AI capacity to 333.5MW

Bitdeer Technologies Group, a Singapore-headquartered technology company for AI and Bitcoin mining infrastructure, has signed an eight-year data center services agreement for a 60-MW facility in Malaysia.

VinFast offers $60,000 per new electric motorcycle showroom in Indonesia, Philippines

VinFast, the electric vehicle (EV) maker under Vietnamese conglomerate Vingroup, has offered dealer partners up to $60,000 for each new electric motorcycle showroom they open in the Philippines and Indonesia.

IMF projects global economy to grow 3.1% in 2026

The International Monetary Fund (IMF) projects global growth will slow to 3.1 percent in 2026 before recovering to 3.4 percent in 2027, while within Southeast Asia, Vietnam at 8.4 percent growth and Malaysia at 5.2 percent can lead the region.

Murphy Oil starts Vietnam oil production at Lac Da Vang, reports nearby discovery

The United States' Murphy Oil has begun production from its Lac Da Vang (Golden Camel) oil field offshore Vietnam and made an exploration discovery at a nearby well in the same block.

Philippines President Marcos backs Mitsubishi’s $700M investment in energy firm Ayala

Philippine President Ferdinand Marcos Jr. has lauded Mitsubishi Corp.'s investment of $700 million in energy firm Ayala Corp as among the largest foreign equity investments in the Philippines in recent years.

Japan’s Sumitomo Bakelite to expand chip-encapsulation material output in Singapore, China

Japan's Sumitomo Bakelite will expand production capacity for advanced semiconductor encapsulation materials for chip production at its plants in Suzhou, China, and Singapore, installing new production lines at both sites.

Vietnam’s FPT, Korea’s NAVER Cloud to jointly expand AI cloud across Asia-Pacific

FPT, among the largest tech firms in Vietnam Vietnam, and South Korea's NAVER Cloud will jointly develop and sell artificial-intelligence (AI) services across Asia-Pacific.