Investments

Meiko Electronics, a Japanese manufacturer of printed circuit board (PCB), will invest $50 million in establishing Meiko Electronics Yen Quang, a new subsidiary in Vietnam.

India's AI-power technology company Wipro will acquire Mindsprint, the technology subsidiary of Singapore's agribusiness Olam Group, for S$375 million ($291 million) cash, as part of a broader strategic partnership that includes a long-term digital transformation deal valued at over $1 billion.

Microsoft will invest $5.5 billion in cloud and artificial intelligence (AI) infrastructure and operations in Singapore between 2025 and 2029, as part of efforts to support the country’s growing role in the global digital economy, the tech giant said in a press release on Wednesday.

Vietnam's semiconductor sector has so far recorded foreign direct investment (FDI) of $14.2 billion in 241 projects and will strive to further attract global big tech to invest in the country.

StarMason JSC, a joint venture between Singapore's Sembcorp Development and Vietnam's BB Holdings, has received investment approval for the proposed development of a state-of-the-art hyperscale- and AI-ready data center campus in Saigon Hi-Tech Park (SHTP), Ho Chi Minh City.

Taiwan's Hon Hai Precision (Foxconn), a global electronic manufacturer known for making Apple, Sony, and Xiaomi products, has poured an additional $287.1 million in its Vietnam-based wholly-owned unit Fulian Precision Technology Component.

Germany-based AIXTRON, a supplier of deposition equipment for compound semiconductors, is set to spend €40 million ($46 million) in building a new manufacturing facility in Malaysia, according to a release on Wednesday of the firm.

The European Union will invest €560 million ($649 million) in sustainable transport and clean energy, in order to support economic growth, job creation, and pollution reduction.

Vietnam's top telecommunications firm Viettel is set to invest VND4,000 billion ($151.8 million) in expanding 5G coverage in Ho Chi Minh City this year, in order expand the 5G service to nearly all citizens in the city.

Gobi Partners, a venture capital (VC) firm based in Malaysia and Hong Kong, seeks to invest in Vietnam, including the country's national VC fund.