Author: Duc Dao
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.
EU to invest €560M in Vietnam, focus on green transport, energy
The European Union will invest €560 million ($649 million) in sustainable transport and clean energy, in order to support economic growth, job creation, and pollution reduction.
Japan’s office software provider Cybozu to invest $6.4M in Malaysia expansion
Japan-based Cybozu, a collaborative office software company known for its Kintone platform, has committed an initial $6.4 million investment to expand its operations in Malaysia.
Thailand’s AI firm Amity raises $100M in Series D funding, to expand across Southeast Asia
Amity, an AI and software company based in Thailand, has announced a $100 million Series D funding round, among the largest GenAI-focused investments in Southeast Asia to date.
Vietnam’s top telco Viettel to invest $152M in expanding 5G coverage to all Ho Chi Minh City
Vietnam's top telecommunications firm Viettel is set to invest VND4,000 billion ($151.8 million) in expanding 5G coverage in Ho Chi Minh City this year, in order expand the 5G service to nearly all citizens in the city.
Southeast Asia-focused SeaX Ventures invests $10M in RyboDyn’s AI-driven cancer research
SeaX Ventures, a venture capital firm focusing on Southeast Asia, will continue investing in RyboDyn, a biotechnology startup based in the United States, as part of the latter's $10 million seed funding round.
Korea’s POSCO International targets $230M rare earth supply from Southeast Asia with venture capital push
South Korea's POSCO International is targeting an annual rare earth supply of $230 million from Southeast Asia, as it accelerates efforts to build a stable global supply chain for heavy rare earth elements critical to electric vehicle (EV) traction motors.
