Vietnam

Vietnam's private bank VPBank has signed a $27 million loan with Japanese banks to help build a high-voltage power-transmission line in southern Vietnam, part of efforts to move more renewable electricity onto the national grid.

Nemetschek is expanding its Southeast Asia push through 10 partnerships and engagements across the Philippines and Vietnam, including industry projects and education initiatives.

KJ Holdings, the holding company of Japanese education group Kawaijuku, has invested in Do Ventures Fund II, a fund run by a Vietnamese venture-capital firm, as it looks to build education businesses in Vietnam.

South Korea's Samsung Electro-Mechanics will invest KRW6.78 trillion won ($4.9 billion) to expand production of chip-packaging substrates in South Korea and Vietnam, its biggest bet yet on components for AI processors.

VinFast, the electric vehicle (EV) maker under Vietnam's conglomerate Vingroup, will merge back in Tuong Lai, an affiliated firm it spun off a year ago, lifting its registered capital to about VND214 trillion ($8.2 billion).

The United States-based Elmet Group, recently buying a 4.99 percent stake in Vietnam's Masan High-Tech Materials (MSR), has also secured an exclusive right to negotiate bismuth purchase from MSR's Nui Phao mine.

Vietnam's Can Tho has approved a 200-hectare high-tech park with estimated investment of $192.4 million to serve the Mekong Delta.

Vietnam's conglomerate Vingroup, known for its electric vehicle (EV) manufacturer VinFast, has established Vin Oil&Gas Global, a subsidiary to trade petroleum and gas, with a charter capital of VND10 trillion ($38.5 million).

Stavian Group, a Vietnamese infrastructure developer, with backing from a U.S. government agency, has begun a feasibility study for a large AI and cloud data-center campus planned in Ho Chi Minh City.

Vietnamese budget airline Vietjet and SpaceX's Starlink will provide free high-speed Wi-Fi to passengers, starting with 120 aircraft.