Duc Dao

Japan’s Furukawa Electric to invest $345M in data center cooling production in Philippines, Thailand, China

Furukawa Electric is set to invest at least JPY55 billion ($345 million) in expanding data center cooling production in the Philippines, Thailand, and China, the Japanese firm said in a release on Monday.

Ho Chi Minh City, Vietnam, city, skyscrapers

Lotte Ventures Vietnam: State fund expected to boost private venture capital sector in Vietnam

Vietnam's establishment of state funds for venture capital, such as Hanoi with a VND600-billion ($22.8 million) venture capital fund and Ho Chi Minh City with a VND500-billion, can help boost private venture capital in Vietnam, according to experts.

Vietnam slaps 0.1% personal income tax on digital asset transaction

Vietnam applies a 0.1% personal income tax on the value of each digital asset transaction, according to the Ministry of Finance’s Circular 32/2026.

Toyota to build $360M factory line in Vietnam to manufacture hybrid vehicles

Japan's automotive manufacturer Toyota is set to invest $360 million in building a hybrid vehicle line within its factory in Vietnam, Toyota Vietnam CEO Hirata Osamu said.

Singapore’s Sembcorp to jointly build $450M data center in Vietnam HCMC

StarMason JSC, a joint venture between Singapore's Sembcorp Development and Vietnam's BB Holdings, has received investment approval for the proposed development of a state-of-the-art hyperscale- and AI-ready data center campus in Saigon Hi-Tech Park (SHTP), Ho Chi Minh City.

Foxconn invests $287M in Vietnam unit Fulian Precision Technology Component

Taiwan's Hon Hai Precision (Foxconn), a global electronic manufacturer known for making Apple, Sony, and Xiaomi products, has poured an additional $287.1 million in its Vietnam-based wholly-owned unit Fulian Precision Technology Component.

Australia’s Lynas, Korea’s LS Eco Energy to jointly product rare earth metals in Vietnam

South Korea's LS Eco Energy, under South Korea's giant LS Cable & System, in a cooperation with Australia's Lynas Rare Earth, will build a rare earth metal factory in Vietnam, the Australian firm announced Thursday.

Germany’s semiconductor firm AIXTRON to build factory in Malaysia

Germany-based AIXTRON, a supplier of deposition equipment for compound semiconductors, is set to spend €40 million ($46 million) in building a new manufacturing facility in Malaysia, according to a release on Wednesday of the firm.

University of Hong Kong, Asia-focused Gobi Partners launch joint fund to support startups, innovations

The University of Hong Kong (HKU) and Gobi Partners, a venture capital (VC) firm based in Malaysia and Hong Kong, have announced the first close of a joint investment initiative, the Gobi–HKU Fund I, during a ceremony marking its launch and initial investments.

Binance recruiting General Manager in Vietnam

Binance, among the largest cryptocurrency exchanges in the world, is recruiting a General Manager for its office in Vietnam.