Vietnam

Korea’s LS Eco Energy to invest $49M in Vietnam ultracapacitor plant

LS Eco Energy, under South Korean chaebol LS Group, will invest KRW64.86 billion ($49 million) in building a new production line for medium-sized ultracapacitor cells at its Vietnamese subsidiary, LS Cable & System Vietnam.

Vietnam-Malaysia-Singapore 1.3-GW power initiative wins conditional approval from Singapore

Singapore's Energy Market Authority (EMA) has granted conditional approval to Sembcorp Utilities as the designated importer for the 1.3-GW Vietnam-Malaysia-Singapore renewable electricity initiative.

Stablecoins can ease Vietnam cross-border settlement, but domestic payments stay on local rails: Circle

Vietnam ranks fourth globally in grassroots crypto adoption and 17-21 million of its 101.6 million people hold digital assets, said Vidit Agrawal, Vice President, Partnerships & Business Development, APAC, at Circle.

Vietnam PVN, Denmark CIP to jointly develop $4B offshore wind power project

Vietnam National Industry-Energy Group (Petrovietnam or PVN) and Denmark's Copenhagen Infrastructure Partners (CIP) have signed an agreement to develop the Nam Trung Bo 1 offshore wind project in Vietnam's south-central region.

Vietnam’s Vingroup plans $500M EV plant in Philippines, targeting 200,000 vehicles annually

Vingroup, the Vietnamese conglomerate known for electric vehicle (EV) brand VinFast, plans to invest $500 million in a flagship EV manufacturing plant in the Philippines

PIDG exits Dat Bike as Vietnamese e-motorbike maker raises $26M Series B

The Private Infrastructure Development Group (PIDG) has exited its investment in Vietnam’s electric motorbike startup Dat Bike, after the company redeemed its convertible note.

Vingroup-affiliated GSM VN Holding dilutes Hong Kong holder to 36% as capital reaches $2B

Smart & Green Trans Limited (SGT), a company incorporated in Hong Kong, now holds about 36.17 percent of GSM VN Holding, which is affiliated with Vietnam's ride-hailing service GSM.

Vietnam’s FPT, France’s Quandela to jointly build quantum ecosystem

Vietnam's tech giant FPT and Quandela, a French photonic quantum computing company, will jointly develop quantum technology cooperation and support Vietnam's quantum ecosystem.

VinFast revenue rises 85% to $1.2B in Q2/2026, loss widens to $1.2B

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 books €800M for Vingroup’s Hanoi metro trains

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.