Vietnam
EV maker VinFast’s Vietnam arm to reabsorb spun-off R&D firm, lifting charter capital to $8B
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).
Pentagon-backed Elmet takes 4.99% of Vietnam tungsten producer MSR, wins exclusive bismuth supply
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.
Can Tho establishes $192.4M high-tech park for Mekong Delta
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 conglomerate Vingroup establishes $39M oil-gas trading firm
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).
Vietnam’s Stavian starts U.S.-backed feasibility study for Ho Chi Minh City AI data-center project
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.
Vietnam’s budget airline Vietjet signs Starlink deal for free in-flight Wi-Fi on 120 aircraft
Vietnamese budget airline Vietjet and SpaceX's Starlink will provide free high-speed Wi-Fi to passengers, starting with 120 aircraft.
Vietnam approves Amazon’s Kuiper to test satellite-based telecommunications service
Amazon Kuiper Vietnam, the local satellite unit of U.S. technology group Amazon, has received a Vietnamese licence to run a private satellite-based telecommunications network.
Backed by $450M Pentagon deal, US’ Elmet acquires 5% in Vietnam’s tungsten producer MSR
The Elmet Group, the U.S. tungsten producer that secured a $450 million investment from the U.S. Department of War in mid-September, will buy a 4.99 percent stake in Vietnam's Masan High-Tech Materials for $124.75 million, alongside a multi-year supply deal.
Vietnam’s data center operator CMC, Viettel petition ministry over power pricing after cutoff threat
Two of Vietnam's largest data-center operators, CMC and Viettel, have asked ministries to clarify a dispute over electricity pricing that brought their Ho Chi Minh City facilities close to a power cut-off.
US-based AMC Robotics targets $30M annual output at planned Vietnam factory
AMC Robotics, a robotics company listed on the Nasdaq, plans to operate the first phase of its production line at Vietnam factory by the end of 2026, targeting $30 million in annual output.
