News

Smart & Green Trans Limited (SGT), a company incorporated in Hong Kong, now holds about 36.17 percent of GSM VN Holding, which is affiliated with Vietnam's ride-hailing service GSM.

Vietnam's tech giant FPT and Quandela, a French photonic quantum computing company, will jointly develop quantum technology cooperation and support Vietnam's quantum ecosystem.

ABB will pay JPY79 billion ($495 million) for a controlling 51 percent stake in a new Asia-Pacific low-voltage joint venture with Mitsubishi Electric’s power distribution business.

South Korean AI infrastructure provider Elice Group fell sharply in its KOSDAQ debut after raising 201.1 billion won through an IPO.

Chinese autonomous-delivery company Neolix has raised nearly $400 million in a Boyu Capital-led Series E to support global expansion.

VinFast, the electric vehicle (EV) maker under Vietnamese conglomerate Vingroup, reported unaudited second-quarter 2026 revenue of VND30,340.9 billion ($1.2 billion), up 85 percent from a year earlier, the company said on Monday.

Betagro, a Thai integrated food company, has acquired a majority stake in Freshket, a digital food supply platform for the hotel, restaurant, and catering sector.

METiS TechBio and Eli Lilly will develop tissue-targeted RNA delivery systems in a collaboration carrying up to about $1.1 billion in milestones.

Tenstorrent closed a $1.5 billion Series E at a $6.2 billion post-money valuation to expand AI systems, manufacturing and processor licensing.

Singtel and Ericsson have signed a five-year strategic partnership to expand Singapore's 5G Advanced capabilities, accelerate AI-native applications, and build more reliable connectivity for businesses and consumers.