Vietnam
Vietnam’s EV manufacturer VinFast to buy founder Pham Nhat Vuong’s property firm for $1.2B
VinFast, the Nasdaq-listed Vietnamese electric-vehicle (EV) maker, will buy a real-estate company from its founder, billionaire Pham Nhat Vuong, for about $1.2 billion, in order shore up its finances.
Hanoi police fine individual suggesting labor strike against ride-hailing service Grab Vietnam
Hanoi police have issued an administrative fine against DXH, a local citizen making post to urge Grab drivers to stop working as a "labor strike" against the Singapore-based ride-hailing service.
VinFast founder hands CEO roles of automaker, ride-hailing service to sons
Pham Nhat Vuong, the founder of Vietnam's electric vehicle (EV) manufactuer VinFast, has handed the top executive roles at his electric-vehicle maker VinFast and its affiliated ride-hailing company GSM to his two sons.
Tesla establishes $3M automobile subsidiary in Vietnam
American automobile giant Tesla has established its Vietnamese subsidiary, Tesla Motors Vietnam LLC, according to a filing with the ministry-run National Business Registration Portal.
Vietnam’s Vietjet, France’s Thales expand aviation ties in AI, cyber, aircraft maintenance
Vietnam's budget airline Vietjet and France's aerospace giant Thales will expand their cooperation in aircraft maintenance, digital aviation, artificial intelligence (AI), and cybersecurity.
Vietnam leases 4.5 hectares land to Singapore’s Sembcorp joint venture for $480M data center
Ho Chi Minh City (HCMC) has leased 4.5 hectares in its Saigon Hi-Tech Park to Starmason, a joint venture of Singapore's Sembcorp Development and Vietnamese partner BB Holding, to build a $480 million hyperscale data center.
Thailand’s Gulf, Singapore’s Singtel to invest in Vietnam-Thailand-Singapore submarine cable
Thailand's Gulf Development and Singapore's Singtel will invest in a Vietnam-Thailand-Singapore submarine cable to meet rising demand for cloud, AI and data-center services across Southeast Asia.
TikTok to invest $1B in logistics project in Vietnam’s Ho Chi Minh City
Tokgistic Pte. Ltd., a Singapore-registered affiliate of short video platform TikTok will invest $980 million in a logistics project in Vietnam's Ho Chi Minh City, part of the social-media company's growing presence in Vietnam.
Refined tungsten of Vietnam’s miner Masan High Tech Materials escapes draft export restriction
Masan High-Tech Materials (MSR), the mining arm under Vietnam's conglomerate Masan, clarified its high-purity tungsten (wolfram) products are not covered by draft export restrictions for minerals.
Vietnam seeks to halt rare earth export
Vietnam's Ministry of Industry and Trade suggested that rare earth minerals stay off the list of minerals permitted for export in the current period, without details of the length of the "current period."
