Duc Dao

Vietnam plans $1.1B national AI development fund

Vietnam is planning to establish a national artificial intelligence (AI) development fund, with the State budget funding at least VND30,000 billion ($1.14 billion), according to the Ministry of Science and Technology's draft decree for the fund.

Singapore’s TechCoop secures $12M loan to support agricultural trade in Vietnam

Farmnet, the Vietnam-based trading arm of agricultural supply chain firm TechCoop, has received a $11.75 million senior secured loan from Symbiotics, a Geneva-based impact investment firm.

Foxconn to pour $58M more in Vietnam subsidiary for long-term investment

Foxconn, also known as Hon Hai Precision Industry, will invest $58.3 million more in its Vietnamese subsidiary Fushan Technology (Vietnam), according to a filing of the Taiwanese electronic giant sent to the Taiwan Stock Exchange (TWSE) on Wednesday.

AEON360, Google Cloud partner on AI-driven retail ecosystem in Southeast Asia

AEON360, a personalized retail service, and AI-powered cloud platform Google Cloud will jointly develop a “continuous commerce” experience across AEON’s retail, finance, and lifestyle services in Southeast Asia, Google Cloud said in a release on Thursday.

Vietnam conglomerate Vingroup’s subsidiary VinSpace aims to launch nanosatellite in 2027

VinSpace, the aerospace subsidiary of Vietnam's conglomerate Vingroup, is developing nanosatellite technology with plans to launch its first satellites into orbit by 2027, as part of efforts to build a domestic space industry supporting socio-economic development.

Malaysia’s Teleport partners The Hashgraph Group to develop digital customs system for cross-border trade

Switzerland-based The Hashgraph Group (THG), a Web3 & AI engineering firm, and Malaysia-based air logistics firm Teleport will jointly co-develop a Digital Customs Documentation System (DCDS) to digitize and manage the lifecycle of customs documentation for cross-border trade.

Insurtech Igloo expands Philippines strategy as insurance market hits $8.4B

Singapore-headquartered insurtech firm Igloo has appointed Ramjit Lahiri as its Philippines Country Head, as the country’s insurance premiums reached PHP502.6 billion ($8.37 billion) in 2025 amid ongoing gaps in coverage and penetration.

Vietnam’s HDBank partners with London Stock Exchange, plans $300M green bond issuance

HDBank, associated with Vietnamese female billionaire Nguyen Thi Phuong Thao, has signed a strategic partnership with the London Stock Exchange to support Vietnamese businesses in accessing international capital markets, alongside plans to issue up to $300 million in green bonds.

AI adoption in Singapore hits 64%, only 18% reach advanced stage: HubSpot

As many as 64 percent of Singapore businesses are now consistently using artificial intelligence (AI) in daily workflows, but only 18 percent have progressed to deploying fully autonomous systems capable of making decisions and executing tasks independently, according to new research from HubSpot.

Indonesia’s supply chain growth platform Baskit raises $4.4M Series A to expand Southeast Asia operations

Indonesia-based Baskit, a technology and financial services platform focused on digitizing offline distribution networks in Southeast Asia, has secured $4.4 million in a Series A funding round.