Vietnam

China's electronics group TCL plans to raise its total investment in Vietnam to $590 million by 2027, from $310 million at the moment, the Vietnamese government said Wednesday, regarding at meeting between TCL leadership and Deputy Prime Minister Pham Gia Tuc.

Vietnam and Singapore will deepen cooperation in technological areas, including semiconductors, artificial intelligence (AI), quantum technology, biotechnology, advanced manufacturing, and the data economy.

Vietnam's technology giant FPT broke ground on a 10.5-hectare education complex in Dien Bien province, northwestern Vietnam on Tuesday, focusing on technology fields such as semiconductors and unmanned aerial vehicles (UAV).

Crypto-asset services in Vietnam will have to report suspicious transactions to the State Bank of Vietnam, or the country's central bank, according to the newly-approved amendments to law on anti-money laundering and banking.

NVIDIA proposed four areas of AI cooperation to Vietnam, including helping the country build its own large language model and expand its computing capacity, said Vikram Rao, NVIDIA's vice-president for ASEAN.

The authorities in Vietnam's Ho Chi Minh City have granted Evolution DC VN HCMC a 50-year lease on about 4.96 hectares of land in the Saigon Hi-Tech Park for a $508 million data center project, invested by Singapore business.

VNG Group JSC, a leading technology firm in Vietnam, will buy back a majority stake in VTH Software Development JSC for VND480 billion ($18.3 million), after its Singapore-based partner STT GDC withdrew from a planned data center project on the site of VTH.

Taiwan's Hon Hai Precision Industry, known globally as Foxconn, will invest $265 million more into its manufacturing operations in Vietnam and $57 million more in Singapore, according to filings with the Taiwan Stock Exchange (TWSE) dated August 12-18.

In a recent interview with TNGlobal, Do Mai Anh, founder of MAAS Edtech, offered insights into the real value of academic support, the impact of AI on domain expertise penalties, Vietnam’s evolving business ecosystem, and the company's growth strategy through 2030 among others.

Hyundai Thanh Cong, a Vietnam-Korea joint venture that assembles Hyundai vehicles in Vietnam, held a ceremony last Friday to mark the first shipments of Vietnam-made Hyundai cars to Mexico and Australia, part of a plan to export 15,280 units in 2026.