News

Pham Nhat Vuong, the founder of Vietnam's electric vehicle (EV) manufactuer VinFast, has handed the top executive roles at his electric-vehicle maker VinFast and its affiliated ride-hailing company GSM to his two sons.

VinFast has signed agreements with 13 dealer partners to develop 27 new showrooms across the Philippines as it targets a 60-dealership network in 2026.

Z.AI proposes a Hong Kong share placement and a separate convertible-bond issue with combined gross proceeds of about $5 billion, subject to closing conditions.

Green GSM Philippines is holding a September 12 to 14 driver partner festival expected to draw up to 5,000 people, with 1,000 EVs set for handover.

American automobile giant Tesla has established its Vietnamese subsidiary, Tesla Motors Vietnam LLC, according to a filing with the ministry-run National Business Registration Portal.

Vietnam's budget airline Vietjet and France's aerospace giant Thales will expand their cooperation in aircraft maintenance, digital aviation, artificial intelligence (AI), and cybersecurity.

Anthropic co-founder and chief executive Dario Amodei has called on the AI industry to "deliberately" slow the pace of developing models.

Southeast Asia’s robotics sector has raised $1.1 billion in all-time equity funding across 51 funded companies, with Singapore leading the region with $986 million bet.

MoneyHero reported second-quarter revenue of $15.8 million, down 13 percent year over year. Registered membership rose 17 percent to 10.1 million.

DBS, OCBC and UOB completed live domestic Singapore-dollar interbank transactions using tokenized deposits on Swift's blockchain ledger.