On location

The optimal development path for startups in Vietnam at the moment is to join conglomerates, such as via merger & acquisition (M&A) deals, instead of striving for initial public offering (IPO), said Erik Duong, founder of Web3 X, an investment fund and incubator specializing in Web3 and Blockchain startups.

MAB Kargo Sdn Bhd, the cargo arm of Malaysia Aviation Group, has partnered with Teleport, the logistics unit of Capital A Berhad, in a move aimed at expanding regional air cargo connectivity.

Electric vehicle manufacturer VinFast, under the ecosystem of Vietnam's conglomerate Vingroup, has signed memoranda of understanding with 14 e-scooter distributors in the Philippines, as part of its plan to expand its retail and service network ahead of a market launch scheduled for June 2026.

OKG Ventures Limited, associated with OKG Technology and OKX Ventures, has contributed VND1,000 billion ($37.9 million) in the charter capital of Vietnam Prosperity Crypto Asset Exchange Joint Stock Company (CAEX), one of the first crypto trading platforms in Vietnam.

The Securities Commission Malaysia (SC) has recently undertook a visit to China, to further the ambitions of the new Capital Market Masterplan 2026-2030 (CMP) with regards to seeking more diverse investors and to create more opportunities for Malaysian investors.

Singapore Gulf Bank (SGB) has launched a stablecoin minting and redemption service, allowing corporate and high-net-worth clients to convert between fiat currency and stablecoins directly from their bank accounts.

Gulf Edge Co., the digital infrastructure arm of Thailand’s energy and infrastructure conglomerate Gulf Development Public Company Limited, and global artificial intelligence (AI) platform Kore.ai, have announced a strategic partnership to accelerate the development and adoption of AI-powered solutions tailored for the Thai market.

Tencent Cloud, a leading cloud company, has launched its 2026 “AI CAN DO IT” Game Development Hackathon during the “Tencent AI Campus Tour” event held at the University of Hong Kong on April 16.

Artificial intelligence (AI) and technology are now among the leading drivers influencing international expansion and capital deployment strategies, HSBC recent survey showed.

China Investment Corporation (CIC), Indonesia Investment Authority (INA), and the State Oil Fund of the Republic of Azerbaijan (SOFAZ) have jointly established the $1 billion Galaxy Orientis China–ASEAN Investment Platform (CAIP), a sovereign-led private equity platform dedicated to capturing long-term investment opportunities across the China–ASEAN…