News
Vietnam’s Ho Chi Minh City to step up support for startups by promoting VC investment
Ho Chi Minh City, Vietnam's biggest economic hub, will help startups by pushing venture capital, said Truong Minh Huy Vu, Vice Chairman of Ho Chi Minh City People's Committee, at the "SAIH: Applied AI Lab Demo Day 2026" event on Thursday.
Vietnam gets first investment-grade rating at BBB- from Japan’s R&I, big 3 still rate it lower
Vietnam has received its first investment-grade sovereign credit rating at BBB- from Japan's Rating and Investment Information (R&I), among the largest Japan-based rating agencies.
Vietnam’s EV maker VinFast debuts buses in US, to push sustainable mobility growth
VinFast, the electric vehicle (EV) maker under Vietnam’s conglomerate Vingroup, will bring its state-of-the-art all-electric bus (e-bus) models to the U.S. market through a partnership with NexMove Certified.
UK’s Universal Quantum raises $100M, with EDBI backing a Singapore R&D hub
Universal Quantum, a British quantum-computing company, has raised more than $100 million in a Series A round backed by Singapore's sovereign investor EDBI.
GlobalFoundries and TSMC sign $2B AI packaging deal
GlobalFoundries will manufacture silicon interposers for TSMC's CoWoS ecosystem under a five-year, $2 billion agreement, with production set to ramp in 2028.
SoftBank, Grab & PETROS to explore AI infrastructure & ecosystem development in Sarawak, Malaysia
Japan-based SoftBank Group Corp, Singapore-headquartered Grab Holdings Ltd and Petroleum Sarawak Bhd (PETROS) on Thursday signed a Framework Agreement to explore the development of an artificial intelligence (AI) and digital infrastructure platform in Sarawak, Malaysia.
Endeavor Catalyst closes $320M Fund V, names Asia a pipeline priority
Endeavor Catalyst has closed a $320 million Fund V and says Asia will be a priority pipeline region, anchored by its Singapore hub.
U Mobile, Telenor Linx launch SIM-based phone-number verification in Malaysia
U Mobile and Telenor Linx have launched SIM-based phone-number verification in Malaysia, with Firebase support for developers.
Manus parent Butterfly Effect raises more than $500 million after Meta exit
Butterfly Effect, the parent of Singapore-headquartered AI agent startup Manus, has raised more than $500 million after unwinding its Meta acquisition.
Mint’s Axonex signs €3M robotics OEM program with Ireland’s Centridex
Mint's Axonex Robotics has signed a two-year OEM and licensing program with Centridex that carries a potential value of about €3 million.
