News

Hyundai Thanh Cong, a Vietnam-Korea joint venture that assembles Hyundai vehicles in Vietnam, held a ceremony last Friday to mark the first shipments of Vietnam-made Hyundai cars to Mexico and Australia, part of a plan to export 15,280 units in 2026.

Vietnamese technology company PILA and Singapore-listed TOTM Technologies will jointly develop cross-border digital trust infrastructure for ASEAN, starting with a system to verify letters of credit between banks in the two countries.

Electric-vehicle (EV) maker VinFast, under Vietnamese conglomerate Vingroup; and Gowa Motor Group, an Indonesian automotive group, will form a joint venture to develop VinFast's dealership network in Indonesia, targeting at least 30 showrooms and service centers.

Zeekr, the premium electric-vehicle brand of China's Geely Holding Group, said its Malaysian unit has extended a discounted direct-current fast-charging rate of MYR1.20 ($0.29) per kilowatt-hour to all DC Handal charging stations nationwide, having previously offered it only at selected locations.

SHEIN, a global online fashion and lifestyle company, is targeting a valuation of $35-40 billion in its planned initial public offering on the Hong Kong stock market, analysts noted.

MBSB Research has on Wednesday maintained its positive stance on the renewable energy subsector, underpinned by the structural policy tailwinds for a deep decarbonization trajectory in line with the targets under National Energy Transition Roadmap (NETR).

Infoblox Threat Intel said it observed about 65,000 re-registered expired domains a day in the first half of 2026, with some being reused for malware, scams, illegal streaming and online gambling.

Databricks has closed a $5 billion strategic funding round at a $190 billion valuation after reporting more than 80 percent year-on-year growth and a $7 billion revenue run-rate.

Malaysia remained Grab's biggest revenue source in the first half of 2026, generating $622 million as the Singapore-based superapp's total revenue climbed 23 percent year-over-year to $1.95 billion.

Indosat Ooredoo Hutchison, NVIDIA, Universitas Gadjah Mada (UGM), and the Ministry of Communication and Digital Affairs have launched the UGM Indosat NVIDIA AI Technology Center (NVAITC), Indonesia's first university-based AI technology center.