Vietnam

VinFast, the electric vehicle (EV) maker under Vietnamese conglomerate Vingroup, reported unaudited second-quarter 2026 revenue of VND30,340.9 billion ($1.2 billion), up 85 percent from a year earlier, the company said on Monday.

France’s Alstom has secured a first-tranche order worth about €800 million ($910 million) for metropolis metro trains within Hanoi's urban rail projects, the French rail-technology company said.

Vietnam's Ho Chi Minh City management board for export-processing zones and industrial parks (HEPZA) has asked the municipality to review and unify power-price guidance for an AI data center at Tan Phu Trung Industrial Park.

Vietnam's Ministry of Public Security seeks to further cooperate with Nokia and Ericsson in technology and workforce training related to 5G, AI, and security.

VinMetal, the steel producer under Vietnamese conglomerate Vingroup, has signed a contract with Italy's Danieli & C. Officine Meccaniche S.p.A. to supply core equipment for a rail and section steel line.

Sacom Crypto Asset Exchange Joint Stock Company (SCEX) has become the second of five crypto-asset trading platform candidates in Vietnam to reach the requirement of charter capital at VND10,000 billion ($380 million).

Drylab AI, an autonomous agent platform for life sciences research, has raised $3 million in a seed round led by Vertex Ventures Southeast Asia & India, with participation from PatSnap.

Many Western companies have significant regret about "entering a certain other very large country" through joint ventures and Vietnam should revise its foreign ownership limit.

Vietnamese Deputy Prime Minister Ho Quoc Dung urged French quantum computing company Pasqal and Vietnam's tech giant FPT to turn their cooperation ideas into concrete programs.

Green SM, a Vietnamese ride-hailing company utilizing only electric vehicles (EV) of VinFast brand, has launched its taxi service in Los Angeles, its first entry into North America and its ninth global market.