Vietnam

Vietnam’s EV maker VinFast aims to up localization rate from 60% to 80%

VinFast, the electric vehicle (EV) manufacturer of Vietnam's conglomerate Vingroup, aims to raise its localization rate from 60 percent to 80 percent in 2026.

China’s printed circuit board manufacturer Victory Giant Technology posts $470M revenue in Vietnam in 2025

Victory Giant Technology, a Chinese manufacturer of printed circuit board (PCB), posted a revenue of RMB3.23 billion ($473 million) in Vietnam in 2025, according to the firm's "Global Offering" filing with the Hong Kong Stock Exchange (HKEX) on April 10.

Vietnam’s Viettel Telecom, China’s iFLYTEK to jointly advance Vietnamese AI voice

Vietnam’s telecommunication giant Viettel Telecom (VTT) and China-based AI company iFLYTEK have signed a strategic cooperation agreement with to develop voice artificial intelligence (AI) technologies for the Vietnamese market, with a focus on speech processing and localization.

Vietnam’s crypto trading platform CAEX secures investment from OKX Ventures, HashKey Capital

Vietnam Prosperity Crypto Asset Exchange Joint Stock Company (CAEX) has secured investment agreements with OKX Ventures and HashKey Capital, with the partners set to contribute funds to help the company meet the minimum capital requirement of VND10 trillion ($380 million).

Vietnam’s conglomerate Vingroup to invest $6.5B in India’s Maharashtra state, including $1.5B in electric vehicles

Vietnam's top conglomerate Vingroup will invest $6.5 billion in India's state of Maharashtra, including $1.5 billion in electric mobility.

Japan’s Meiko Electronics to further invest $50M in Vietnam

Meiko Electronics, a Japanese manufacturer of printed circuit board (PCB), will invest $50 million in establishing Meiko Electronics Yen Quang, a new subsidiary in Vietnam.

Vietnam’s Vietcombank, China’s Ant International launch cross-border QR payment service

Vietnam National Payment Corporation (NAPAS), a payment service in Vietnam, Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), a top bank in Vietnam, and China's Ant International have jointly launched a cross-border QR payment service linking Vietnam and China, marking a step forward in digital payment connectivity between the two…

Vietnam’s tech “unicorn” VNG extends losses to 5th year, $12.4M in 2025

Vietnam's tech major VNG Group JSC, associated with China's Tencent, Ant Group, and Singaporean sovereign wealth fund GIC, recorded a post-tax net loss of VND326 billion ($12.4 million) last year, according to its consolidated financial statements for 2025.

TikTok invests $125M in Vietnam

TikTok has invested $125 million in Ho Chi Minh City, the southern economic hub of Vietnam, the municipal Department of Finance said on Thursday.

Tourism vessel in Vietnam fined $2,700 for illegal use of Starlink Internet service

The owner of a tourism vessel in Cat Ba, a popular tourism island in northern Vietnam, was recently given an administrative fine of VND70 million ($2,658) for illegally providing Starlink satellite Internet service to tourists.