Vietnam

NVIDIA proposed four areas of AI cooperation to Vietnam, including helping the country build its own large language model and expand its computing capacity, said Vikram Rao, NVIDIA's vice-president for ASEAN.

The authorities in Vietnam's Ho Chi Minh City have granted Evolution DC VN HCMC a 50-year lease on about 4.96 hectares of land in the Saigon Hi-Tech Park for a $508 million data center project, invested by Singapore business.

VNG Group JSC, a leading technology firm in Vietnam, will buy back a majority stake in VTH Software Development JSC for VND480 billion ($18.3 million), after its Singapore-based partner STT GDC withdrew from a planned data center project on the site of VTH.

Taiwan's Hon Hai Precision Industry, known globally as Foxconn, will invest $265 million more into its manufacturing operations in Vietnam and $57 million more in Singapore, according to filings with the Taiwan Stock Exchange (TWSE) dated August 12-18.

In a recent interview with TNGlobal, Do Mai Anh, founder of MAAS Edtech, offered insights into the real value of academic support, the impact of AI on domain expertise penalties, Vietnam’s evolving business ecosystem, and the company's growth strategy through 2030 among others.

Hyundai Thanh Cong, a Vietnam-Korea joint venture that assembles Hyundai vehicles in Vietnam, held a ceremony last Friday to mark the first shipments of Vietnam-made Hyundai cars to Mexico and Australia, part of a plan to export 15,280 units in 2026.

Vietnamese technology company PILA and Singapore-listed TOTM Technologies will jointly develop cross-border digital trust infrastructure for ASEAN, starting with a system to verify letters of credit between banks in the two countries.

Electric-vehicle (EV) maker VinFast, under Vietnamese conglomerate Vingroup; and Gowa Motor Group, an Indonesian automotive group, will form a joint venture to develop VinFast's dealership network in Indonesia, targeting at least 30 showrooms and service centers.

FatHopes Energy, a Malaysian waste-based feedstock solutions for Sustainable Aviation Fuel (SAF) firm, has entered into a strategic partnership with PetroVietnam Oil Corporation (PVOIL) to establish Vietnam’s first nationwide used cooking oil (UCO) collection ecosystem for sustainable aviation fuel production.

Starlink, the satellite internet service operated by billionaire Elon Musk's SpaceX, has officially launched commercial service across Vietnam.