Duc Dao

Indonesia’s BNPL platform Kredivo now owns 99.99% of Vietnam’s digital bank Timo

Indonesia's buy now pay later (BNPL) firm Kredivo now holds a 99.99 percent stake at Timo Vietnam JSC, also known as Timo digital bank by BVBank in Vietnam.

Vietnam’s electric vehicle maker VinFast reports 4,893 overseas sales in Q1/2026

VinFast, the electric vehicle manufacturer under Vietnam's conglomerate VinFast, reached a global delivery of 58,577 electric vehicles (EVs) in the first quarter of 2026, up 61 percent year-on-year, according to its release on Wednesday.

Alibaba Cloud expands lead in Asia-Pacific IaaS market: Gartner Report

Alibaba Cloud, the cloud computing subsidiary of Chinese giant Alibaba Group, continued as the largest Infrastructure-as-a-Service (IaaS) provider by revenue in the Asia-Pacific region, increasing its market share to 22.5% in 2025 from 20.8% in 2024.

China’s Goertek invests $20M more in Vietnam factory for camera production

Vietnam-based Goertek Technology Vina Co., Ltd., a subsidiary of Chinese manufacturing giant Goertek, has invested VND527.1 billlion ($20 million) more in its factory in the northern province of Bac Ninh, according to its draft environmental impact assessment sent to the provincial authorities.

Vietnam’s VinDynamics, Germany’s Schaeffler to jointly advance humanoid robotics development

VinDynamics, a robotics company under Vietnam's conglomerate Vingroup, and Germany's motion technology firm Schaeffler will collaborate on research and development in humanoid robotics.

Alipay introduces AI payment service for autonomous agents

China's online and mobile payment platform Alipay has launched a new AI-powered payment service that allows autonomous AI agents to make purchases and complete transactions based on user instructions.

Foxconn to manufacture humanoid robots in Vietnam

Fushan Technology (Vietnam), a subsidiary of Foxconn (also known as Hon Hai Precision Industry), is seeking permission to manufacture humanoid robots in its factory in Vietnam's northern province of Bac Ninh.

Singapore’s digital finance platform Atome, Philippines’ payment platform Bayad expand in-app bill payments

Atome Philippines, under Singapore-headquartered digital finance platform Atome, and the Philippines' multi-channel payment platform Bayad will collaborate to enable users to pay bills directly within the Atome app.