Vietnam

Ride-hailing service GSM, local dealers to deploy 18,497 EV in Philippines

GSM Green and Smart Mobility JSC (GSM), a ride-hailing service founded by chairman Pham Nhat Vuong of Vietnam’s top conglomerate Vingroup, and 75 transport companies and cooperatives in the Philippines will join hands to deploy up to 18,497 VinFast electric vehicles (EV) for passenger transport operations.

Foxconn to invest $407M in Singapore subsidiary for long-term purpose

Taiwan-based Hon Hai Precision Industry, also known as Foxconn, is set to conduct a capital injection of $407.2 million to its subsidiary Foxconn Singapore Pte. Ltd,, through the acquisition of common shares.

Korea’s LS Eco Energy to supply power cables for AI data center of Vietnam’s Viettel

LS Eco Energy, under South Korean chaebol LS Group, will supply power cables for a large-scale AI data center project in Vietnam developed by telecommunications giant Viettel Group

Vietnam’s FPT, Japan’s Mitsubishi Motors to collaborate in AI, automotive software

Vietnam's leading technological firm FPT and Japan's industrial giant Mitsubishi Motors will collaborate in software and digital technologies, including the potential establishment of a future joint venture focused on the automotive sector.

Vietnam can launch digital asset exchange in Q3 this year, says Deputy Minister

Vietnam’s digital asset exchange could begin official operations as early as the third quarter of 2026 under a pilot framework approved by the government, Deputy Minister of Finance Nguyen Duc Chi said.

VNU advances $70M national semiconductor lab as Intel transfers chip equipment

Vietnam National University Hanoi (VNU Hanoi) is speeding up the construction of a national semiconductor laboratory worth $70 million, as Intel and Intel Products Vietnam (IPV) have transferred chip assembly and testing equipment to the university and Saigon Hi-Tech Park.

Vietnam’s EV maker VinFast to sell production lines, allocate $530M gain to pay $400M debt

VinFast, the electric vehicle (EV) maker under Vietnam's conglomerate Vingroup, is set to restructure by offloading its entire domestic manufacturing footprint with factories, production lines, and battery facilities, in a deal worth $530 million.

Finan raises $3.8M to expand Vietnam SME management Platform across Southeast Asia

Finan, the Singapore-headquartered company known for small-business management platform SoBanHang serving Vietnamese firms, has raised an investment in a pre-Series A funding round with participation from OSK-SBI Venture Partners.

Qualcomm opens R&D center in Vietnam to expand high-tech research

Qualcomm Technologies opened a new research and development (R&D) center in Hanoi, marking an expansion of the U.S. technology company’s high-tech research operations in the country, Vietnam's Ministry of Science and Technology said on Tuesday..

Intel’s Taiwanese partner Accton to invest $80M more in Vietnam

Accton Technology Corporation, s provider of networking and communications solutions for top-tier networking, computer, and telecommunications vendors, will invest $80 million more in its wholly owned subsidiary, Vietnam Accton Technology Company Limited.