The exclusive VIP dining space at Ngan Dinh Saigon

Rooted in a profound respect for authentic values, the entirely new Thai menu at Ngan Dinh Saigon is meticulously crafted to balance the four signature tastes: sour, spicy, salty, and sweet. This is not merely an awakening of the palate but a sophisticated refinement – from the refreshing tartness of fresh lime and the rich, luscious sauces to the soothing aromas of quintessential tropical herbs.

Every ingredient is thoughtfully curated by our Thai chef with an open-minded perspective and masterful hands. As a storyteller of Thai identity through gastronomy, the chef delivers an explosion of flavours while impeccably maintaining the inherent standard and elegance of Ngan Dinh Saigon's culinary artistry.

'Explore Signature Thai Cuisine' – An elegant array of vibrant flavours

Thai cuisine is inherently renowned for its vibrant explosion of layered flavours, so the challenge presented to the kitchen team at Ngan Dinh Saigon was to preserve Thailand's essence while flawlessly maintaining the restaurant's inherent elegance, poise, and luxury.

The 'Explore Signature Thai Cuisine' menu is the definitive answer to this challenge. The concept of Thai cuisine transcends a mere forced fusion; rather, it is a profound and delicate refinement. Every drop of fresh lime juice, the robust heat of chilli and lemongrass, and the soothing fragrance of tropical herbs are calibrated with absolute precision. This meticulous balance delivers a palate-stimulating experience that remains incredibly smooth and well-rounded.

Ngan Dinh Saigon invites diners on a unique culinary journey in collaboration with a masterful native Thai chef. Together, they have created a menu that perfectly captures the essence of Thailand with high-quality ingredients and exceptional culinary skill.

Experience the Crispy Fried Sea Bass with Chilli, Herb and Lemongrass Salad, a stunning culinary delight. The expertly cooked sea bass features a golden, crispy skin that encases juicy, sweet meat, creating an unforgettable dining experience.

The vibrant salad, topped with its signature Thai sauce, adds a zesty kick. This enticing contrast between the crunchy fish and the spicy, tangy sauce creates a burst of flavours that will have you coming back for more.

Another dish is Fried Tom Yam Mama Noodle with Shrimp and Squid Tentacle Omelet. This dish is a luxurious twist on a beloved street food classic. The soft, chewy Thai noodles are infused with aromatic spices and elegantly wrapped in a smooth, fluffy egg blanket. Beneath this delicious exterior lies a delightful medley of the freshest, premium seafood.

The signature 'wok hei' technique adds a captivating smoky aroma, elevating the entire experience.

The menu also features Spicy Prawn Soup with Milk. No discourse on Thai gastronomy is complete without the definitive mention of Tom Yum. At Ngan Dinh, this quintessential national dish is elevated to new heights, anchored by a luxurious broth slow-simmered for hours from meticulously selected ingredients. The vibrant tartness, robust heat, and smooth, velvety richness of the soup gracefully intertwine, effortlessly warming the ambiance of celebratory gatherings.

For culinary aficionados in Saigon, Ngan Dinh has long been a destination that vividly embodies quintessential Asian gastronomy, where traditional Chinese dishes are expertly elevated through meticulous curation, guaranteeing diners an unparalleled dining experience.

Dining at Ngan Dinh Saigon is not merely about savouring an exquisite dish; it is an immersion into an exclusive and prestigious ambiance. The restaurant provides impeccably professional service, setting the benchmark for excellence in every detail.

The defining spirit of Ngan Dinh Saigon is its openness, relentless innovation, and elegant evolution. The masterful integration of a traditional Cantonese culinary foundation with the vibrant brilliance of Thai cuisine, and soon, Hong Kong hot pot, creates a sophisticated experiential complex where Asian flavours harmoniously converge.

Ngan Dinh Saigon Restaurant - One of the oldest Chinese restaurants in the city

Address: 52-54-56 Dong Khoi Street, Saigon Ward, Ho Chi Minh City.

Hotline: 028 3982 6688

“Once Upon a reverie” wedding showcase at The Reverie Saigon 10 years not only marks a memorable milestone for The Reverie Saigon, but also a journey of creating timeless and unforgettable experiences with unique and exclusive architecture for every guest. ‘Once Upon A Reverie’ is a romantic prelude, a gift to couples seeking a wedding venue - a place where their real-life fairytale begins.

The Reverie Saigon marks 10 years of redefining luxury hospitality The Reverie Saigon is marking 10 years as a landmark of luxury hospitality, reflecting both Vietnam’s rising stature in global tourism and the hotel’s distinctive identity.

The Reverie Saigon presents festive programme The Reverie Saigon is delighted to introduce its 2025 festive programme – “The Reverie Express”, inspired by the timeless journey of the Orient Express – an icon of classic elegance, indulgent luxury, and the endless spirit of exploration.

According to Pham Van Quan, deputy director general of the Agency for Industry under the MoIT, one of the key innovations in the draft Law is the proposal of innovative policy mechanisms designed to entice investors, foster product development, and create markets for the growth of Vietnam's key industries.

At a press conference on July 20, Quan said the MoIT has been assigned by the government to take the lead in drafting the Law on Key Industries, with the objective of attracting the world's leading technology corporations while ensuring that local businesses can participate more deeply in global supply chains.

Quan noted that Vietnam had missed several opportunities to attract large-scale investment in the recent past because the country’s incentive policies were supposedly not enough competitive.

"There were case one investor had intended to expand their manufacturing facility in Vietnam with investment ranging from $1 billion to more than $3 billion, but at that time there was no suitable incentive mechanism to retain and encourage the company to scale up its investment," he said.

“More recently, Vietnam has lured several semiconductor majors through specific policy mechanisms. However, the investors' commitments to the government regarding technology transfer, workforce training, and support for local enterprises to join global supply chains have remained rather general and have yet to meet expectations,” he added.

Regarding the current legal framework for incentives and support for key industries, the MoIT stated in the draft Law's explanatory report that Vietnam still lacks a comprehensive and systematic legal framework. Existing regulations still do not adequately distinguish the value chains within each industrial ecosystem, industrial cluster, and industrial sub-sector.

Measures to support market development have not received sufficient attention, while policies promoting the application, transfer, improvement, and innovation of manufacturing technologies – particularly key enabling technologies – remain fragmented, lack long-term sustainability, and are not well aligned with the characteristics of industrial production activities.

To address these shortcomings, the draft law proposes a number of innovative policies. In addition to tax and credit incentives, enterprises investing in key industries would be given priority access to strategic resources or opportunities to participate in large-scale projects.

In return, they would be required to make specific commitments on technology transfer, human resource development, the expansion of domestic supplier networks, and other development objectives.

The draft law also establishes a mechanism to monitor compliance with these commitments. Companies that fail to fulfill their obligations would lose their preferential treatment.

"If these new mechanisms are approved, we expect to attract around 500 leading global enterprises to invest and manufacture in Vietnam's key industries," said Quan. "This would enable domestic businesses to participate more deeply in global supply chains through technology transfer, workforce training, and supplier development. It would also lay the foundation for Vietnamese companies to master technologies and materials, strengthening supply chain resilience and national security."

To establish sufficiently powerful instruments for developing Vietnam's core industrial capabilities, the draft law also proposes mechanisms for procurement, government orders, task assignments, and localisation to create markets for key industrial products.

Specifically, chapter II of the draft law introduces mechanisms covering government procurement, competitive bidding, task assignments, direct contracting for the supply of strategic industrial products and services, as well as localisation requirements for key national projects, with the aim of enhancing domestic manufacturing self-reliance.

The draft also provides robust incentive and support policies for suppliers receiving government orders or direct contract awards, as well as investors implementing strategic projects.

These measures include product insurance support, price incentives, interest rate subsidies, assistance in technology acquisition, support for certain input costs, and temporary support for product consumption.

These provisions are intended to accelerate the development of domestic core industrial capabilities, reduce dependence on imports, and strengthen the economy's self-reliance.

The draft law also introduces export support measures to help secure overseas markets for key industrial products.

“The United States has the CHIPS Act, China has the Made in China initiative, and many countries have adopted government procurement mechanisms to develop strategic industrial sectors,” Quan said, adding that Vietnam also needs specific policy mechanisms to build and develop internationally competitive key strategic industries.

According to the Agency for Industry leadership, the draft law is being developed at a time when a number of related laws, including the Law on Bidding and the Law on Public Investment, are already in force.

The drafting committee will therefore study options to ensure consistency with the existing legal framework while creating sufficiently flexible mechanisms for industries of strategic national importance.

Regarding public procurement, at a recent government meeting the Ministry of Finance was instructed to study and prepare a proposal for a comprehensive revision of the Law on Bidding for submission to the National Assembly under the 2026 legislative programme.

As Vietnam accelerates efforts to achieve its target of double-digit economic growth, several proposals to reform bidding policies are expected to introduce more practical incentives, facilitating public procurement and purchasing activities while supporting the development of the country's key strategic industries.

Four key industries in HCM City see positive growth HCM City’s Index of Industrial Production (IIP) in the first 10 months of the year increased by nearly 8 per cent compared to the same period last year, propped up by high growth of electronic equipment and machinery.

GE brand trio to shape the future of key industries GE on July 19 announced the brand names of the three future companies it will create through its planned separation into healthcare, energy, and aviation.

Vietnam’s gaming industry levels up for global expansion Vietnam's gaming industry is entering a new growth phase as local developers expand beyond the domestic market, supported by rising digital capabilities, stronger investment, and growing international demand for online entertainment.

Korea’s DN Solutions eyes Vietnam’s high-tech industries South Korea’s DN Solutions is expanding its presence in Vietnam, targeting the country’s growing semiconductor, railway, aerospace, and automotive industries with advanced machine tool solutions.

DEEs are a group of severe, childhood-onset epilepsies characterized by frequent seizures, developmental impairment, and substantial unmet medical need.1 DEEs are a highly heterogeneous group of syndromes arising from a wide range of underlying etiologies.1

Clinical development has historically focused on a limited number of individual DEE syndromes, such as Dravet syndrome (DS), Lennox–Gastaut Syndrome (LGS). There are currently no antiseizure medications (ASMs) approved across all DEE subtypes, leaving many patients without suitable treatment options.2 The DEEp OCEAN trial was designed with the intention of addressing this gap.

"The DEEp OCEAN trial represents a comprehensive pivotal program in DEEs, with the most diverse DEE population studied to date," said Professor Ingrid Scheffer, lead investigator of the DEEp OCEAN trial. "By including a broad range of DEE syndromes and more than 60 different genetic DEEs, this study is designed to reflect the real-world heterogeneity of these devastating conditions."

The DEEp OCEAN trial will evaluate the safety, tolerability and efficacy of bexicaserin on countable motor seizures in people living with DEEs. The placebo-controlled, randomized multicenter trial enrolled over 350 participants aged two to 65 years and will be succeeded by an open-label extension for eligible participants.

The breadth of DEEp OCEAN positions Lundbeck to generate meaningful insights, not only into seizure control, but also into the potential best-in-class benefit-risk profile of bexicaserin across diverse DEE populations.

Bexicaserin is an oral, highly selective superagonist of the 5-HT2C receptor, a serotonin receptor subtype involved in seizure modulation. Acting via a dual mode of action, bexicaserin increases both inhibitory neuron activity while decreasing excitatory neuron function. This is consistent with the observed reduction in multiple seizure types across a broad range of DEE syndromes with various etiologies in the Phase IIa PACIFIC trial.

"The completion of randomization in DEEp OCEAN is an important milestone for the bexicaserin pivotal program, made possible by the commitment of patients, families, investigators, and advocacy communities. We look forward to headline results by the end of 2026 or early 2027," said Johan Luthman, Executive Vice President and Head of Research and Development at Lundbeck. "Additionally, we remain equally committed to the DEEp SEA trial in Dravet syndrome where we are seeing good progress in recruitment of patients and according to plan. We expect to close randomization within a few months."

Bexicaserin has received Breakthrough Therapy Designation in the U.S. and China for the treatment of seizures associated with DEEs. With randomization now complete, the multicenter DEEp OCEAN trial will continue as planned, with participants progressing through the double-blind treatment period followed by the optional open-label extension.

Positioned to be a new category leader

The combination is a transformational step for SuanNutra, delivering directly on its strategy of scaling nutraceutical science into measurable impact and expanding into food-enhancement ingredients.

The incoming businesses bring an expanded range of clinically supported branded ingredients and owned botanical extraction at source, scientifically backed fermented vitamins and minerals, together with plant-derived natural colours, antioxidants and flavours.

The combined manufacturing footprint spans botanical extraction in Spain, Slovenia and Peru and fermentation in the United States. The merged group will have around 700 employees serving more than 1,200 customers in over 60 countries. Customers will continue to be served seamlessly, without interruption, and the group will continue to invest in commercial capability, R&D and innovation across the enlarged group.

The newly combined entity strengthens SuanNutra's Visible Health strategy – clinically backed ingredients delivering wellness benefits consumers can see and feel. In food enhancement, the natural colours, antioxidants and flavours place the group at the centre of the industry's shift from synthetic dyes, preservatives and flavours to natural and clean-label ingredients.

A winning matchup of complementary expertise

Anthony Weston, Group CEO of SuanNutra, said: "The engaged, experienced people in these businesses know the products and customers deeply, and that expertise is central to everything we aspire to achieve. Together we will build, grow and transform this group into a stronger partner for our customers offering manufacturing at source, clinically proven ingredients, and a broad natural portfolio across nutraceuticals and food enhancement."

Yoni Glickman, Non-Executive Chairman of SuanNutra, added: "Clinically supported branded ingredients are where this industry is heading – proven actives with the science to stand behind them. This expansion puts SuanNutra at the forefront of this transition. The move from artificial colours and preservatives to natural, scientifically substantiated ingredients is reshaping the food and health industries faster than ever."

Markus Petersen, Managing Partner of Carbyne Equity Partners, explained: "SuanNutra has a clear strategy and a management team that understands these businesses and their markets. This merger creates a botanical-based ingredients group of genuine scale and scientific credibility, and we are pleased to back the team in building it. We look forward to the opportunities these teams and SuanNutra will create together."

Mai Karas, Investment Director of Carbyne Equity Partners, concluded: "Specialty ingredients are at the heart of Carbyne's investment strategy. This transaction brings a global range of natural ingredients into the group and deepens our focus on the sector."

HSF Kramer acted as legal counsel to SuanNutra and Carbyne and EY acted as financial advisor

The Company was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. It may pursue an initial business combination target in any business or industry.

Citigroup Global Markets Inc. ("Citigroup") is acting as sole bookrunner and representative of the underwriters. The Company has granted the underwriters a 45-day option to purchase up to 4,875,000 additional units at the initial public offering price to cover over-allotments, if any.

This offering will only be made by means of a prospectus. Copies of the preliminary prospectus relating to the offering and final prospectus, when available, may be obtained from Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by telephone at (800) 831-9146.

A registration statement relating to these securities has been declared effective by the U.S. Securities and Exchange Commission (the "SEC"). This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any State or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State or jurisdiction.

FORWARD-LOOKING STATEMENTS

This press release contains statements that constitute "forward-looking statements," including with respect to the proposed initial public offering and the anticipated use of the net proceeds. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and preliminary prospectus for the Company's offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

The event took place on July 15, bringing together suppliers and strategic partners alongside representatives from the European Chamber of Commerce in Vietnam's (EuroCham) Green Growth Sector Committee and the Nordic Chamber of Commerce in Vietnam to celebrate partnerships and formally launch the programme.

More than a supplier gathering, the event served as a platform for strategic dialogue, knowledge sharing, and collaboration on responsible sourcing, operational excellence, and advancing sustainability across Carlsberg Vietnam's value chain.

Supplier Day brought together partners from across the value chain to strengthen collaboration and shape a more sustainable future

"Behind every great beer is a network of partners who make it possible. Our suppliers have been a vital part of Carlsberg Vietnam's development, and they'll continue to play a critical role as we bring Brewing Tomorrow to life," said Andrew Khan, managing director of Carlsberg Vietnam.

"Brewing Tomorrow is about creating long-term value beyond our breweries – for our people, consumers, partners, communities and the environment. Achieving that ambition requires trust, shared responsibility and continuous innovation across our value chain. Supplier Day is an opportunity to celebrate what we've built together while strengthening the collaboration that will shape our future," he said.

Andrew Khan, managing director of Carlsberg Vietnam, shared the company's vision for driving sustainable growth

The importance of collaboration was also highlighted by Frank Pogade, vice chairman of EuroCham's Green Growth Sector Committee, who shared perspectives on sustainable water management and the role of cross-sector partnerships in accelerating Vietnam's green transition.

"Water is one of Vietnam's most pressing sustainability challenges. While the technologies already exist to improve water efficiency, lasting impact depends on stronger collaboration between businesses, policymakers and industry. By sharing knowledge, creating practical frameworks and working together across the value chain, we can unlock more sustainable solutions that benefit both business and society," said Pogade.

Brewing Tomorrow is Carlsberg Group's long-term ESG programme, embedding sustainability into every aspect of how the business operates and grows through four priorities: Cutting Carbon, Protecting Nature, Inspiring Choices, and Empowering People.

Brewing Tomorrow is built around four priorities that guide Carlsberg Group's ESG vision

Nguyen Thi Thu Huong, corporate and government affairs director of Carlsberg Vietnam, shared how the Brewing Tomorrow framework is guiding the company's sustainability journey

Cutting Carbon

At the heart of Carlsberg Vietnam's sustainability journey is Phu Bai Brewery, which became Carlsberg Group's largest beer production site in Asia following its expansion in August 2025. Equipped with next-generation brewing technology, the brewery has reduced water consumption by around 20 per cent and energy consumption by approximately 15 per cent compared with previous brewing technology.

Carlsberg Vietnam is also advancing renewable energy adoption through its upcoming rooftop solar project and roadmap towards Direct Power Purchase Agreements, supporting Carlsberg Group's ambition of achieving net-zero emissions across its value chain by 2040.

Protecting Nature

Responsible resource management remains central to Carlsberg Vietnam's operations. As of April, Phu Bai Brewery uses about 2.1 litres of water per litre of beer produced, making it one of Vietnam's most water-efficient breweries. Earlier this year, the company also achieved Zero Waste to Landfill, ensuring all non-recyclable waste is diverted for energy recovery while wastewater treatment sludge is repurposed for agricultural use. All of its glass bottles are returnable, with 98.5 per cent collected and reused, supporting a more circular packaging system.

Inspiring Choice

Creating a more sustainable future is shaped by major investments and by the choices people make every day. Through Brewing Tomorrow, Carlsberg Vietnam encourages responsible drinking and safer mobility through its long-term partnership with Grab, while bringing employees, partners, and local communities together through beach clean-ups, cycling events, and other environmental initiatives that inspire collective action.

Empowering People

At the centre of all these efforts are people. Carlsberg Vietnam is empowering its people by fostering a safe, respectful and inclusive growth culture where everyone can thrive. This includes strengthening its zero-accident culture, advancing women in leadership and ensuring everyone feels valued and included, supporting Carlsberg Group's ambition of achieving 42 per cent women in senior leadership roles by 2032.

Carlsberg Vietnam’s Supplier Day marked more than the launch of Brewing Tomorrow in Vietnam. It reflected the company's belief that meaningful progress is built through partnership, and reaffirmed its commitment to working alongside its suppliers, partners and local communities to brew a more sustainable tomorrow together.

How Carlsberg Vietnam is building high-performing teams through trust and empowerment At the Work the Nordic Way 2026 conference hosted by NordCham Vietnam, leaders from Carlsberg Vietnam shared how trust, empowerment, and people-first leadership are helping shape stronger teams, faster execution, and a more resilient growth culture.

Brewing Tomorrow: How Carlsberg Vietnam is turning sustainability into everyday action at World Environment Day 2026 More than 150 volunteers from Carlsberg Vietnam, including senior leaders, employees, family members, local residents, and representatives from the Embassy of Denmark in Vietnam, joined a beach clean-up activity in Danang as part of the company’s World Environment Day 2026 programme, reaffirming its long-term commitment to environmental action in Vietnam.

Carlsberg Vietnam earns fourth consecutive HR Asia recognition and VCCI Top 10 Green Enterprise honour Carlsberg Vietnam received two prestigious awards in July, reaffirming its long-term commitment to people and sustainable business growth.

The survey found that 57 per cent of Chinese chief financial officers (CFOs) identify Southeast Asia as the region offering the greatest growth opportunities over the next three years, ahead of Africa with 36 per cent and the Middle East with 30 per cent.

“Although traditional export models still dominate, accounting for 46 per cent of respondents, there is a clear strategic shift towards higher-commitment models such as mergers and acquisitions now represent 27 per cent, and greenfield investment accounts for 22 per cent. This signifies that Chinese enterprises are moving beyond simple trade to establish deeper operational footprints,” stated in the report.

Sunny Shao, director of ACCA China, described international expansion as a defining strategic priority.

“Going global is the most critical strategic initiative for Chinese enterprises over the next 5-10 years. As a globally international professional organisation, the ACCA boasts an extensive worldwide network,” stated Shao. “It can serve as a super connector, facilitating effective communication, dialogue, and alignment between Chinese enterprises and overseas businesses, particularly those in Southeast Asia.”

According to the report, Chinese companies are no longer expanding overseas primarily in search of lower labour costs.

“Instead, investment is increasingly centred on building integrated regional value chains that combine production, technology, financing and market access. As a result, the next phase of outbound investment will be defined less by the number of factories established overseas than by the strength of the ecosystems built around them,” stated the ACCA in its report.

For Vietnam, rather than competing solely as a low-cost production destination, it has an opportunity to position itself as a platform where international investors can integrate technology, local suppliers, distribution channels and professional services.

Sam Chen, policy and insight lead at ACCA China, asserted that Vietnam is likely a key beneficiary of the inflection point, where enterprises are shifting from a cost centre to a value centre.

“Initially, Chinese enterprises prioritise technology and products, which they often bring themselves. However, the report clearly states that in the mid-to-long-term, success depends on soft power, specifically channels, branding, and human resources. This is precisely where Vietnamese partners can add the most value,” Chen told VIR.

“By providing deep local market knowledge, distribution networks, and a skilled workforce, Vietnamese entities become indispensable collaborators rather than just subcontractors. Furthermore, Vietnam can assist with the non-financial risk identification by providing crucial support in local compliance, regulatory interpretation, and legal navigation,” Chen added.

To capture this opportunity, Chen said Vietnam must address three key challenges. “As regulatory compliance ranks as top concern for CFOs expanding overseas, Vietnam must ensure a transparent and stable legal framework to reduce the perceived high-risk environment,” he said. “The second priority is talent development. Vietnam needs to focus on developing a workforce capable of handling not just manufacturing, but also financial compliance, data analytics, and cross-cultural communication.”

Chen noted that manufacturing may remain the initial entry point, but sustaining growth will require much broader capabilities.

“In the next 5-10 years, as Chinese investors bring not just factories but also technology and research and development activities as part of the chain-based investment, Vietnam will likely experience a learning curve,” said Chen. “Vietnam will inevitably need to develop soft infrastructure, including local innovation, branding, and complex service provision. By moving up this value chain, Vietnam can expect to capture a larger share of the profit pool.”

Q2 2026 Highlights^[1]

• Group revenue of US$247 million, up 7% quarter-over-quarter (QoQ) and up 21% year-over-year (YoY).

• Precision Medicine continues to deliver strong growth, revenue of US$202 million, up 9% QoQ and up 30% YoY.

• Telix expects FY 2026 revenue and other income to be in excess of US$1 billion, with revenue tracking in line with the upper end of FY 2026 guidance of US$950 million to US$970 million plus US$40 million non-refundable other income received from Regeneron.

• United States (U.S.) Food and Drug Administration (FDA) alignment on ProstACT Global Phase 3 study of TLX591-Tx in mCRPC^[2] to advance to Part 2 in the U.S.^[3]

• BiPASS^TM, patient enrollment nearing completion for study of Illuccix^® and Gozellix^® for initial prostate cancer diagnosis in the pre-biopsy setting^[4].

• Regeneron (NASDAQ: REGN) strategic collaboration to jointly develop and commercialize next generation radiopharmaceutical therapies, initially focused on lung cancer.

• FY 2026 research and development (R&D) expenditure guidance updated to US$230 million to US$270 million, enabled by the Company's strong commercial performance and the non-refundable payment of US$40 million received from Regeneron.

Q2 2026 Revenue

Executive Commentary

Dr. Christian Behrenbruch, Managing Director and Group CEO, stated, "We delivered another quarter of growth with U.S. dose volumes increasing 7% during the quarter, driven by growing demand for Gozellix and continued strength across our PSMA^[7] imaging portfolio. This performance underscores the strength of our differentiated two-product PSMA imaging strategy and reinforces Telix's market leadership, built on clinical differentiation, supply chain resilience and commercial execution. During the quarter, we achieved key regulatory, commercial and clinical milestones across both our Precision Medicine and Therapeutics businesses. We are tracking in line with the upper end of our FY 2026 revenue guidance and are investing further in R&D to accelerate a number of high-value programs that have the potential to create significant future growth and shareholder value."

Therapeutics Business Unit

Telix continues to progress its industry-leading Therapeutics pipeline, which spans multiple product candidates and disease areas. Q2 2026 highlights include:

• TLX591-Tx (lutetium (¹⁷⁷Lu) rosopatamab tetraxetan): Achieved key regulatory milestone for ProstACT Global Phase 3 trial, with the FDA confirming that the safety data from Part 1 of the study of Telix's lead prostate cancer therapy candidate is sufficient to enable progression of Part 2 in the U.S. The FDA and Telix also achieved alignment on the Part 2 clinical trial protocol, statistical analysis plan, and ongoing safety monitoring plan. Initiation of Part 2 in the U.S. remains subject to the FDA's review of an Investigational New Drug (IND) amendment^[8]. Part 2 continues to enroll strongly in regions where recruitment is open including Australia, New Zealand, Canada, Türkiye, the United Kingdom, Singapore and South Korea and has also received regulatory approval to commence in China.

• TLX597-Tx (¹⁷⁷Lu-DOTA-HYNIC-panPSMA): OPTIMAL-PSMA study evaluating TLX597-Tx for mCRPC has recently completed patient enrollment of 120 patients^[9]. Building on initial findings of the OPTIMAL-PSMA study, the first patients have been dosed in the OPTIMAL-e Phase 2 study, evaluating TLX597-Tx for metastatic hormone sensitive prostate cancer^[10]. TLX597-Tx is a next generation small molecule PSMA-targeting prostate cancer radioligand therapy (RLT) candidate designed to improve efficacy and quality of life in earlier-stage metastatic prostate cancer.

• TLX250-Tx (lutetium (¹⁷⁷Lu) girentuximab tetraxetan): Dosed first patient in LUTEON^[11], a pivotal trial of TLX250-Tx as a monotherapy in advanced ccRCC^[12]. LUTEON will evaluate the efficacy of TLX250-Tx compared with investigator's choice of monotherapy consistent with standard of care. LUTEON forms part of Telix's global development program^[13] for TLX250-Tx, Part 1 is expected to enroll up to 40 patients.

• TLX101-Tx (¹³¹I-iodofalan): Enrolled first patient cohort in Part 1 (assessing safety and dose optimization) of IPAX BrIGHT, an international, multi-center pivotal trial of TLX101-Tx in patients with recurrent glioblastoma^[14]. The trial is open for enrollment in Australia, Austria, the Netherlands and Belgium, with approval being sought in additional jurisdictions. Completed patient enrollment in IPAX-2^[15], a Phase 1 study evaluating TLX101-Tx in patients with newly diagnosed glioblastoma, with no dose-limiting toxicities observed to date^[16].

Precision Medicine Business Unit

PSMA imaging portfolio:

Telix's Precision Medicine business continues to expand its commercial reach and support broader patient access to PSMA-PET/CT imaging^[17]. Q2 2026 highlights include:

• Rapid enrollment of 338 patients in BiPASS™ Phase 3 study of Illuccix and Gozellix for the initial diagnosis of prostate cancer, integrating non-invasive ⁶⁸Ga-PSMA-11 PET imaging prior to biopsy. Building on the clinical foundation established by the PRIMARY^[18] and PRIMARY 2^[19] studies, BiPASS™ is intended to support regulatory submissions in major markets, including the U.S., Europe and Australia.

• Completed patient enrollment in Japan in Phase 3 registrational study of TLX591-Px (Illuccix)^[20]. Telix is preparing a New Drug Application (NDA) for submission in Japan, with clinical data from the Phase 3 local study intended to support the application. In parallel, Telix's application for Conditional Approval is under review by Japan's Pharmaceuticals and Medical Devices Agency (PMDA). If granted, Conditional Approval will enable an expedited NDA review process while the final study clinical dataset is prepared.

TLX101-Px, (Floretyrosine F 18 or 18F-FET) for brain cancer imaging:

• Submitted an IND application to the FDA for Pixclara^®, a Phase 3 registrational study for indication expansion for the diagnosis of brain metastases.

• The FDA has accepted Telix's resubmitted NDA for Pixclara^®[21] and has granted a PDUFA^[22] goal date of September 11, 2026^[23].

• Telix's Marketing Authorization Application (MAA) for Pixlumi^®21 in Europe has been validated and accepted for review^[24].

Zircaix^®21 (TLX250-Px, ⁸⁹Zr-DFO-girentuximab) for kidney cancer imaging:

• Telix continues to make good progress on its Biologics License Application (BLA) resubmission for Zircaix^®21 in the U.S. Final Chemistry, Manufacturing and Controls (CMC) documentation is nearing completion. Consistent with TLX250-Px's Breakthrough Therapy designation, Telix has maintained regular consultation with the FDA and expects to resubmit the application shortly.

Telix Manufacturing Solutions (TMS): Expanded global operations

TMS continues to expand its global operations which are fundamental to Telix's future growth, supporting supply chain resilience. Q2 2026 highlights include:

• Opened TMS North Melbourne, in partnership with the Melbourne Theranostic Innovation Centre (MTIC)^[25]. The purpose-built facility combines radiochemistry laboratories, clinical product manufacturing, patient dosing and imaging that aims to provide advanced clinical infrastructure and R&D capabilities to accelerate the development of targeted radiopharmaceuticals.

• TMS Brussels South successfully completed its first Good Manufacturing Practice (GMP) production run of a lutetium-based therapeutic candidate, representing a significant operational milestone and further validating the facility's capabilities to support the manufacture of Telix's next-generation therapeutics.

• Installed ARTMS' QUANTM^® Irradiation System (QIS^®) at TMS Yokohama, expanding isotope production capabilities and enabling local Zirconium-89 (⁸⁹Zr) manufacturing to support Telix's portfolio. The installation represents further progress in scaling the ARTMS network and advancing toward the Company's target of 50 QIS^® installations globally by the end of 2026.

Corporate Updates

Telix entered into a strategic collaboration with Regeneron to jointly develop and commercialize next-generation radiopharmaceutical therapies^[26]. The strategic partnership combines Telix's radiopharmaceutical development, manufacturing and supply chain capabilities with Regeneron's leading antibody discovery and development platforms, creating a framework to advance multiple novel oncology programs and further strengthen Telix's position in Precision Medicine. On execution of the agreement, Telix has received an initial non-refundable payment from Regeneron of US$40 million.

Telix also completed a refinancing of its existing convertible bond structure, issuing US$600 million of new convertible bonds due 2031 and repurchasing all outstanding 2029 convertible bonds^[27]. The transaction extends debt maturities, enhances financial flexibility and further strengthens the Company's capital structure, supporting the execution of Telix's long-term growth strategy, including developing its late-stage therapeutics pipeline.

Three new Non-Executive Directors were appointed during the quarter as part of Telix's Board expansion and succession planning. Effective May 11, 2026, David Gill, Maria Rivas, MD, and William Jellison^[28] joined the Board, further strengthening the Board's clinical, commercial, financial and governance expertise, enhancing the Company's capabilities as a dual-listed, commercial stage biopharmaceutical company.

FY 2026 guidance

• Telix expects FY 2026 revenue and other income to be in excess of US$1 billion, with revenue tracking in line with the upper end of FY 2026 guidance of US$950 million to US$970 million plus US$40 million non-refundable other income from Regeneron.

• Revenue guidance reflects product sales in jurisdictions with a marketing authorization, and a full year of revenue contribution from RLS.

• Telix has updated FY 2026 R&D expenditure guidance to US$230 million to US$270 million, subject to achieving ongoing global clinical data outcomes and development milestones. The additional investment will support the advancement of high-value clinical programs beyond the Company's original R&D forecast, including acceleration of the TLX597-Tx program and label expansion for Pixclara^®, and progression of the Regeneron strategic collaboration.

For more information, visit www.telixpharma.com

[1] The financial information for the quarter ended June 30, 2026 is unaudited.

[2] Metastatic castration-resistant prostate cancer.

[3] Telix ASX disclosure July 2, 2026. ClinicalTrials.gov ID: NCT06520345.

[4] ClinicalTrials.gov ID: NCT07052214.

[5] Primarily sales of Illuccix and Gozellix in our Precision Medicine business.

[6] Telix Manufacturing Solutions (TMS) third-party revenue predominantly driven by RLS Radiopharmacies (RLS), excludes Illuccix and Gozellix sales and TMS inter-segment revenue.

[7] Prostate-specific membrane antigen.

[8] Telix ASX disclosure July 2, 2026.

[9] Telix LinkedIn June 25, 2026. Australian New Zealand Clinical Trials Registry ID: ACTRN12625000971437.

[10] Telix media release July 16, 2026. Australian New Zealand Clinical Trials Registry ID: ACTRN12626000034336.

[11] Telix media release July 21, 2026. ClinicalTrials.gov ID: NCT07197580.

[12] Clear cell renal cell carcinoma.

[13] Telix's global development program for TLX250-Tx includes the separate LUTEON ATLAS study in the U.S. and Europe.

[14] ClinicalTrials.gov ID: NCT07100730.

[15] ClinicalTrials.gov ID: NCT05450744.

[16] Telix media release May 19, 2026.

[17] Imaging of prostate-specific membrane antigen with positron emission tomography/computed tomography.

[18] Emmett et al. Eur Urol. 2021.

[19] Buteau et al. Lancet Oncol. 2026. ClinicalTrials.gov ID: NCT05154162.

[20] Telix media release July 17, 2026. Japan Registry of Clinical Trials identifier: JRCT2031250473.

[21] Brand name subject to final regulatory approval.

[22] Prescription Drug User Fee Act.

[23] Telix ASX disclosure April 10, 2026.

[24] Telix media release May 1, 2026.

[25] Telix media release July 16, 2026.

[26] Telix ASX disclosure April 13, 2026.

[27] Telix ASX disclosure April 23, 2026.

[28] Telix ASX disclosure April 2, 2026. Telix ASX disclosure April 9, 2026.

The 2026 Guangdong Province – ASEAN Supply Chain Cooperation and Trade Promotion Conference took place from July 15–16 in Guangzhou, bringing together more than 1,000 representatives from management agencies, trade promotion organisations, industry associations, and businesses from China and ASEAN.

On the occasion, KN Industrial City (KNIC) also strengthened investment, technology, and supply chain ties between Guangdong businesses and the Vietnamese and ASEAN markets.

First held in 2025, the conference continues to expand its role in connecting production, investment, and trade resources between Guangdong and Southeast Asian countries. This year's programme focuses on three main areas: the application of artificial intelligence in industrial upgrading, cooperation in new energy, and coordination of industrial and supply chains between Guangdong and ASEAN.

KN Holdings was the only ASEAN enterprise invited to present a paper at the conference. In her speech, Le Nu Thuy Duong, vice president and general director of KN Holdings and a member of the Vietnam-China Friendship Parliamentary Group, shared her perspective on the shift in global supply chains, the potential for cooperation based on the strengths of Vietnam and Guangdong, and the role of industrial infrastructure in attracting new-generation investment capital.

"The global economy is entering a phase where investment decisions and supply chain arrangements are considered based on more criteria than ever before. The selection of supply chains today is based on many factors, from cost, resilience, and connectivity to the capacity for innovation and adaptation to global fluctuations," said Duong.

Le Nu Thuy Duong, vice president and general director of KN Holdings

In this context, Vietnam and Guangdong possess complementary strengths. Guangdong is one of Asia's leading manufacturing, technology, and innovation centres, with a relatively complete industrial ecosystem and large-scale production capacity. Vietnam has an open economy, an increasingly improved investment environment, and a network of free trade agreements connecting it with over 60 economies.

The close geographical proximity between the two markets facilitates the connection of production, logistics, human resources, and technology transfer. This provides a foundation for businesses from both sides to expand their markets and participate in value chains with higher technological content and added value.

According to a representative from KN Holdings, the restructuring of the supply chain is opening up opportunities for Vietnam to become an increasingly important link in the region's production, logistics, and technology network. To transform these opportunities into effective ventures, Vietnam needs to continue improving the quality of infrastructure, support services, human resources, and the ability to link foreign-invested enterprises with the domestic production sector.

With nearly 50 years of experience across real estate, services, renewable energy, industrial parks, and logistics, KN Holdings identifies modern, synchronised infrastructure and a supporting service ecosystem as key foundations for attracting investors and strengthening regional supply chain connections.

In Dong Nai, the group is developing next-generation industrial parks with a total scale of over 2,000 hectares, oriented towards green, smart, technology-integrated, and connected to the transportation and logistics infrastructure of the Southern key economic region.

The projects are located near Long Thanh International Airport, conveniently connected to the Cai Mep–Thi Vai deepwater port cluster and the inter-regional highway network. This advantage allows businesses to shorten transportation time, optimise logistics costs, and increase the ability to connect goods with international markets.

In the group's industrial development strategy, KNIC plays the role of a focal point for investment promotion, connecting international businesses with the industrial ecosystem in Vietnam. The unit is actively attracting investment into three industrial parks in Dong Nai, including Bau Can–Tan Hiep, tentatively named KNIC Nam Long Thanh; Xuan Que–Song Nhan, KNIC is planning to name Dong Long Thanh and Long Duc 3.

Besides developing industrial infrastructure, KNIC aims to complete the supporting service ecosystem, connecting investors with management agencies, trade promotion organisations, industry associations, and professional partners. Through activities such as introducing the investment environment, connecting businesses, and surveying production facilities, KNIC focuses on approaching technology, manufacturing, and logistics corporations seeking new investment locations in Southeast Asia.

As part of its activities in Guangdong, KNIC worked with local organisations, associations, and businesses, and signed a memorandum of cooperation with three Guangdong enterprises, including partners in Shenzhen, on July 14. These agreements provide a basis for further exchanges on investment opportunities, technology transfer, and supply chain connectivity with the industrial ecosystem in Dong Nai.

Through these activities in Guangdong, KN Holdings and KNIC expect to contribute to attracting high-quality foreign investment, expanding technological cooperation, and strengthening supply chain linkages between Vietnam and China, while also playing a role in connecting international investors with the next-generation industrial ecosystem in Dong Nai.

KN Holdings kicks off infrastructure construction of KNIC Nam Long Thanh project Bau Can - Tan Hiep Industrial Park, also known as KNIC Nam Long Thanh, held a general contractor kick-off ceremony for the first phase of its infrastructure works in Dong Nai, marking the official start of on-site construction on May 21.

KN Holdings signs clean energy pact with Samsung C&T Vietnamese conglomerate KN Holdings has signed an MoU with Samsung C&T to develop three floating solar power projects totalling 864MW, marking a major step in Vietnam–Korea energy cooperation and the country's green transition ambitions.

KN Holdings advocates for better housing in Dong Nai Dong Nai People's Committee held a launch ceremony on March 28 for an initiative to eliminate temporary and dilapidated houses.

Vinh Long People’s Committee Chairman Tran Tri Quang inspects National Highway 57 bypass progress

In addition, the province is ramping up preparations for other ventures, such as Cua Dai Bridge to connect Vinh Long and Dong Thap; the coastal road linking Ben Tre, Tien Giang, and Tra Vinh; Co Chien 2 Bridge, connecting Ben Tre and Tra Vinh; the coastal corridor of the Tra Vinh area; and Ho Chi Minh City-Soc Trang Expressway.

According to Vinh Long Transport Project Management Unit, the province has plans to allocate $217 million in capital for 2026, including $30.3 million from the state budget and $88 million in carry-over central funds from 2025. The remainder comes from the provincial budget, lottery revenues, and land-use fee collections.

As of July 12, the province has disbursed around $67 million, equivalent to 30 per cent of the annual plan. By October, the figure is expected to reach approximately $130.8 million, or 60 per cent of the plan.

Tran Tri Quang, Chairman of Vinh Long People’s Committee, said that despite considerable efforts, public investment disbursement, particularly for key transport ventures, remains below expectations.

“Site clearance works remain a major obstruction, directly affecting the progress of construction and capital disbursement,” Quang said. “Project owners should work closely with relevant departments and agencies to resolve outstanding issues and avoid delays to key projects. Special attention should be paid to ventures stalled by land clearance issues.”

Quang urged all parties working together to accelerate site clearance, compensation, and resettlement in accordance with regulations.

Besides transport ventures, the province is also addressing delays to pull in investment into its IPs and economic zones (EZs). Accordingly, Vinh Long has one EZ covering 39 hectares, five IPs in operation with a combined area of 720ha, and six IPs in the pipeline covering over 1,470ha.

In the first six months of 2026, investment attraction has picked up. Vinh Long Economic Zones Management Board welcomed 10 delegations to explore investments opportunities in its industrial areas, while providing guidance and support to over 100 investors. The board also granted five multi-million-dollar investment approvals and approved adjustments to 30 investment registration certificates, while six investment ventures were terminated.

The province’s IPs and EZs are home to just over 200 valid ventures, including 83 foreign-invested ones. There are 47 ventures based in Dinh An EZ, of which 45 are domestic ventures worth $2.65 billion, and two are foreign-invested ventures worth $2.41 billion. Long Duc IP hosts 33 ventures, including 23 domestic initiatives valued at $39.6 million and 10 foreign-invested ones worth nearly $110 million, with an occupancy rate of 100 per cent.

According to the board, enterprises have maintained stable business activities this year. Industrial production reached $1.88 billion, up 12.4 per cent on-year and fulfilling just over half of the annual target. Export value totalled $1.1 billion, increasing 9 per cent, while imports reached $905 million, up 8.27 per cent.

Budget contributions amounted to $87.3 million, an increase of 9.16 per cent from a year ago. The province’s IPs and EZs currently employ more than 106,000 workers.

The board attributed the positive performance to proactive efforts in formulating quarterly growth scenarios in line with the actual situation of businesses. At the same time, efforts have been made to resolve issues and support enterprises. Key industries with strong potential are also driving the stable recovery of industrial production while increasing state budget revenues.

Acecook Vietnam opens factory in Vinh Long Acecook Vietnam put its new factory in Vinh Long province into operation on March 10 with an investment of over $200 million.

Vinh Long kicks ahead with marine-energy approach The Mekong Delta province of Vinh Long is accelerating a pivot towards a centre of marine economy and renewable energy production.

Vinh Long strives to become major clean energy hub Vinh Long has identified industry and energy as one of three economic pillars to achieve development.

The agreement was announced on July 20, with upgrades set to begin in 2027. Once complete, the entire CGV/IMAX network in Vietnam will be on the IMAX with Laser system.

“Vietnam has quickly emerged as one of IMAX’s most exciting growth markets in Southeast Asia, driven by a passionate moviegoing audience, a strengthening local-language film industry, and strong demand for the best experiences possible,” said Preetham Daniel, vice president of theatre development for India, Korea, South East Asia and Australasia at IMAX. “CGV has been an outstanding partner, and upgrading these locations to IMAX with Laser will ensure audiences in Vietnam can experience the crystal-clear image and immersive sound of IMAX.”

This agreement comes on the heels of explosive growth in Vietnam for IMAX. 2025 was the company’s best year ever in the country, with nearly $6 million in box office, driven in part by the first-ever Vietnamese-language IMAX titles; 'Money Kisses' and the recent 'A Gift From Heaven'.

The IMAX network in the country has doubled since 2022, growing to eight locations today with at least three more in backlog, inclusive of this agreement.

The CGV IMAX locations will be equipped with IMAX with Laser, IMAX's most advanced cinema experience. Developed from the ground up for maximum immersion, IMAX with Laser delivers crystal-clear 4K images, precision audio, and state-of-the-art projection technology, setting a new standard for moviegoing.

IMAX is a global leader in entertainment technology, delivering immersive cinematic experiences through proprietary software, architecture, and projection systems. Headquartered in New York, Toronto, and Los Angeles, IMAX operates 1,865 systems across 91 countries and territories.

Beta Media receives cash injection amid cinema industry's hefty losses Cineplexes startup Beta Media just received an investment of several million US dollar from Daiwa PI Partner, fueling the firm's ambitions to extend its network and create more Vietnam-made movies for local customers.

Galaxy Cinema mobilised capital from bond issuance As cinemas across the country are in adversity due to COVID-19 and the shortage of overseas blockbusters, Galaxy Cinema approached bond issuance as a solution to maintain performance.

Vietnam - one of Asia’s fastest growing cinema markets: US news site Deadline.com, a US premier news source covering the business of entertainment, including movies, television, online, digital and related areas, has described Vietnam as one of Asia’s fastest-growing cinema markets.

I have to say that I am optimistic, but not over-optimistic. I have total confidence that Vietnam’s economic development would be much better compared with the past period. 10 per cent of GDP growth might be a very hard task, and we need to see more proactive and effective mechanisms and actions from the government to make sure that happens. Nevertheless, more than 8 per cent of GDP growth this year and next couple of years is of very high possibility.

Dr. Dam Nhan Duc

Vietnam has been very successful in the past several decades with its production and export growing model. In the next period, this model will be supplemented with a infrastructure-led growing model. As in strategy, the government is now very clear about where it wants to go and how it plans to get there. Some supporting factors provide a strong foundation for achieving these objectives.

Firstly, Vietnam currently has a very strong macro environment with very low public debt to GDP. This provides Vietnam with large room for using fiscal tools to support economic growth. Secondly, Vietnam is rapidly climbing the global value chain, as it is now targeting high-tech integration like semiconductor fabrication, AI, and digital transformation. Thirdly, with a population of more than 100 million and a growing working-age population, Vietnam has a rapidly expanding middle class.

Within this framework, the private sector serves as the primary engine, productivity establishes the cornerstone, spearhead industries drive the breakthroughs, and the banking system assumes the pivotal role of channelling capital and guiding the overall quality of growth.

What are the key factors to achieve a 10 per cent annual GDP growth target?

Supply-side solutions are required. International experience demonstrates that no economy can sustain a 10 per cent growth rate over the long term by relying solely on aggregate demand policies. To achieve sustained high growth, successful nations have uniformly formulated and implemented impactful supply-side policies, propelling themselves to global leadership positions in specific strategic sectors.

For South Korea, this manifested in the chaebol model, featuring pioneering corporations in heavy industries, chemicals, electronics, semiconductors, and automotive, heavily backed by government-enabling policies. Taiwan positioned itself as a pioneer in advanced chip and semiconductor manufacturing, moving upstream within the global value chain. China established itself as the “factory of the world”, dominating assembly and manufacturing sectors, with its economic growth further bolstered by massive infrastructure investment and robust research and development activities.

Consequently, Vietnam must design supply-side solutions and prepare risk management frameworks to navigate an increasingly volatile international landscape. In addition, its traditional development trajectory – anchored in low-cost labour, export processing, and attracting overseas funding via labour cost advantages – is rapidly approaching its structural limits.

The emerging global landscape presents novel variables and opportunities arising from global supply chain restructuring, alongside the advent of technologies like semiconductors and AI, and frontier sectors like renewable energy. These elements constitute the foundational infrastructure shaping new growth spaces.

The government has charted this strategic direction, and numerous enterprises have mobilised. While Vietnam has achieved considerable success in software services, application development, systems integration, and maintenance to generate rapid near-term revenue, the long-term focus must prioritise foundational infrastructure development.

Infrastructure serves as the foundation and the backbone of an economy. However, technology infrastructure investments typically do not yield short-term profits and may even be perceived as capital-inefficient. Consequently, this domain should be spearheaded by the government, or by enterprises backed by solid government support. Failure to execute a strategic investment framework to master this advanced technology infrastructure, like data or AI, will prevent the success of Vietnam in the long run.

What is the role of the financial sector and MBBank in this era?

The banking system is emerging as a central link of the economy, serving as the primary capital channel for the private sector. However, the role of banks in the coming period must extend beyond merely expanding credit. It needs to shift toward enhancing the quality of capital allocation.

This means that credit flows must be strategically directed into high-productivity and high-value-added sectors such as processing, manufacturing, high technology, or renewable energy, rather than being spread too thinly as in the past.

Banks must integrate more deeply into the formation of spearhead industries. This can be achieved by providing long-term financing for foundational sectors such as digital infrastructure, data, and AI. Although these sectors involve extended payback periods and higher risk profiles, they play a decisive role in elevating national competitiveness.

Furthermore, through strategic credit policies, the banking system can incentivise enterprises to innovate technology, refine governance, and improve productivity. This active engagement will ultimately drive the transition of the economic growth model toward greater sustainability.

Additionally, the stock market with the potential of upgrading and underdeveloped corporate bond market must be promoted to share the role with the banking sector in providing medium and long-term fundings to corporates and business communities.

The integrated city is designed to integrate education, healthcare, commercial services, culture, sports, green spaces, and community amenities into a comprehensive ecosystem, providing residents with a seamless environment to live, learn, work, and enjoy leisure activities within a single urban destination.

At Hong Hac City, education has been planned as an essential piece of urban infrastructure – on par with transport networks, green spaces, and technical utilities – rather than an amenity added after the city takes shape. According to developer Phu My Hung Development Corporation, education is a key driver of long-term community development and forms the foundation for enhancing quality of life across generations.

Spanning nearly 198 hectares, the project is being jointly developed by Phu My Hung and Nomura Real Estate Vietnam, a subsidiary of Japan's Nomura Group, through its legal entity of VietinBank Trade - Union Investment JSC.

Under the master plan, the township has allocated land for eight educational institutions, ranging from preschools to high schools. The most strategically located sites, with direct access to residential neighbourhoods, have been reserved for schools rather than commercial development.

Investors visit project and explore Hong Hac City's master plan and integrated education system

Under the cooperation agreement, Hong Hac City's education complex will cover more than 22,000 square metres and accommodate approximately 2,500 students. It is planned to become a leading international education hub in northern Vietnam, establishing a bilingual education ecosystem where students can develop academically, build character, and acquire skills for an increasingly globalised world.

Also on July 18, Hong Hac City expanded its Bespoke Collection – Phu My Hung Lifestyle with the unveiling of its second mock-up house.

The first mock-up house launched in June embraced a Modern Indochine aesthetic, blending Asian heritage with contemporary architecture. The second residence adopts a Modern Zen design philosophy, emphasising minimalist living, harmony with nature, and a tranquil residential experience.

According to the developer, the Bespoke Collection – Phu My Hung Lifestyle is designed for homebuyers seeking fully fitted residences that are ready for immediate handover and occupancy.

The product line is particularly well suited to professionals and expatriates living and working in Bac Ninh, a province home to a growing concentration of industrial parks, high-tech enterprises, and an expanding international workforce, all of which are driving strong demand for high-quality, move-in-ready housing.

The fact that Hong Hac City is authorised to sell homes to foreign buyers further broadens the potential customer base for the Bespoke Collection – Phu My Hung Lifestyle, enhancing the appeal and competitiveness of the product line in the market.

Construction at Hong Hac City is progressing in line with the project's development roadmap. The first batch of homes in Zone F1-1 of the Hong Phat subdivision, together with key facilities including the main entrance and show homes, is scheduled for completion in December 2026.

The entire Hong Phat subdivision (Zone F) is expected to be completed by the end of 2027, marking the next phase in bringing the township into operation as planned.

Phu My Hung receives two prestigious real estate awards Phu My Hung Urban Area has been named among the Top 10 Most Liveable Urban Areas in Vietnam at the second Vietnam National Real Estate Awards 2026.

Hong Hac City approved for foreign homeownership The Bac Ninh People's Committee has issued an official document publicly announcing the eligibility of foreign organisations and individuals to own residential properties within the Hong Hac–Xuan Lam Eco-Urban Area development.

Before the partnership was announced, EBOOST had already established one of Vietnam's leading EV charging networks, operating more than 2,500 charging points and serving over 10,000 EV users nationwide.

The initial collaboration focused on enabling Grab's driver-partners to conveniently access EBOOST's charging network, helping reduce operating costs while accelerating the transition to electric mobility.

With Grab's backing, EBOOST will further strengthen its financial capacity to accelerate the expansion of its charging network across Vietnam and will continue to play a driving force in developing Vietnam's public charging infrastructure and supporting the country's transition to sustainable transportation.

One of the key drivers behind this strategic investment is the tangible value created by integrating EBOOST's charging platform with Grab's ecosystem. Since April, EBOOST's charging network has been directly integrated into the EV Charging feature within the Grab Driver app, enabling Grab-Car driver-partners to locate nearby stations, initiate charging sessions, and complete payments seamlessly. To date, hundreds of charging points have been successfully integrated into the system.

The partnership has already shown strong early results. More than 70 per cent of driver-partners continue using the service within the first seven days, reflecting high user engagement and recurring demand.

For EBOOST, the integration strengthens charger utilisation and recurring revenue while providing a scalable foundation for further expansion of Vietnam's EV charging infrastructure.

In the next phase, Grab and EBOOST will extend the same seamless charging experience to electric motorbike driver-partners, integrating thousands of additional charging points.

Grab's investment validates EBOOST's ability to deliver a flexible, secure, and scalable EV charging ecosystem. EBOOST's infrastructure, powered by a proprietary software platform, is designed to support both electric cars and motorbikes, enabling seamless expansion across vehicle types and use cases.

The partnership creates strategic value for both companies. For Grab, it supports the company's ambition to accelerate electric mobility adoption by providing driver-partners with convenient, cost-competitive charging access. For EBOOST, the partnership provides access to a large and growing user base, strengthens charger utilisation, and reinforces its position as a leading EV charging platform provider.

With a flexible business model, EBOOST operates charging networks across a wide range of locations – from office buildings and residential developments to public destinations and parking facilities – playing a key role in accelerating the electrification and digitalisation of transport in Vietnam.

Vietnam: a strategic investment destination for global and Chinese groups Vietnam’s prime location, young workforce, and free trade agreements are drawing Chinese investors looking to diversify amid global trade tensions.

Adani Group eyes $10 billion strategic investment in Vietnam Adani Group, one of India's leading corporations, has committed to investing $10 billion in Vietnam, focusing on infrastructure, energy, and emerging technologies.

Primary Wave makes strategic investment in Vietnam's POPS Music US-based independent music publisher Primary Wave has made a strategic investment in Vietnam's POPS Music, a leading digital entertainment company that has built one of Southeast Asia's most influential music platforms over the past two decades.

The issuer is solely responsible for the content of this announcement.

According to the Organization for Economic Cooperation and Development's AI and Skills: What We Know So Far report, released in June, AI is changing the skills required across the labour market.

While most workers are unlikely to become AI specialists, the report says they will increasingly need digital literacy, analytical thinking, problem-solving abilities and the capacity to work alongside AI. The OECD reinforced that message in its Skills in the AI Age report, published on July 8, arguing that education systems should move beyond knowledge transfer to foster lifelong learning, adaptability and innovative thinking to meet the needs of the AI economy.

The shift is also reflected in the Vietnam STEM, AI and Robotics Championship (VSAR) 2025–2026, whose national finals brought together 2,930 students from 29 cities and provinces at the National Innovation Centre in Hanoi. Beyond technical performance, the competition encourages students to combine STEM, AI and robotics knowledge with teamwork and practical problem-solving.

According to Dr. Nguyen Huu Phat, head of the Faculty of Electronics at the School of Electrical and Electronic Engineering under Hanoi University of Science and Technology and chairman of the VSAR 2025–2026 Professional Council, many student projects demonstrated the practical application of STEM, AI and robotics. However, he cautioned that while AI has become an increasingly common learning tool, students still need stronger analytical thinking and solid foundations in mathematics and physics.

"Creative thinking, analytical ability, and problem-solving skills are the core competencies students need to develop in the AI era. These are also the capabilities that technology can hardly replace," Phat said, adding that STEM activities and AI applications should be integrated more closely into classroom teaching, practical sessions and real-world projects to help students develop technological thinking from an early age and build sustainable innovation capacity.

At the Robotics Summer Camp students can work in teams to develop an entire project - from generating ideas and building robots to managing communications, fundraising and presenting their work. Photo: Hoang Dan

According to Cao Quoc Khanh, co-founder of Cyber Champs, the same philosophy underpins the organisation's STEM programmes.

"Our goal is not simply to teach students how to programme or build robots. We hope that, after completing the programme, every participant will have the confidence to establish a robotics club or team at their own school. That is why we include communications, fundraising, project planning and team operations alongside technical training. Understanding how an entire robotics team functions is just as important as learning how to build a robot," Khanh said.

Khanh believes AI is making technical skills more accessible, while increasing the value of capabilities that remain uniquely human. "AI will increasingly take over repetitive tasks. But creativity, independent thinking and emotional intelligence remain difficult to replace. Those are the capabilities students should develop if they want to succeed in an AI-driven future," he said.

That view is shared by Pham Lam Anh, a 17-year-old student currently studying in Singapore and a programming mentor at Robotics Summer Camp 2026.

According to her, AI can help students write code or identify programming errors, but it cannot replace practical experience or strategic thinking.

"AI can be an effective programming assistant, but the most challenging aspect of robotics is not writing code. It is developing strategies, testing ideas and learning from real-world experience. Those are skills that still depend heavily on human interaction, which is why mentors continue to play an important role," she said.

She added that hands-on learning also helps students engage with STEM more effectively than classroom instruction alone. "Robotics involves many technical concepts, and relying solely on theory can make the subject difficult to approach. Practical learning enables students to understand concepts more quickly while also developing a genuine interest in STEM," she added.

The same project-based approach is increasingly being adopted by community STEM programmes across Vietnam.

Beyond policy initiatives, technology competitions are giving students greater opportunities to apply STEM knowledge in practice. Photo: Hoang Dan

Le Minh Quy, another mentor at Robotics Summer Camp 2026, said what impressed him most was not only how quickly students absorbed new knowledge, but also their curiosity and willingness to support one another.

"What surprised me most was how quickly the students learned. They were constantly asking questions, eager to understand more, and always willing to explore new ideas. Those qualities are what help young learners grow, especially at this age," he said.

Quy also highlighted the learning environment as one of the programme's strengths. Besides the mentors, he credited the supervisors for providing continuous support to every team throughout the camp.

Rather than completing isolated technical tasks, students work in teams to develop an entire project - from generating ideas and building robots to managing communications, fundraising and presenting their work. The process exposes participants to technology while helping them strengthen collaboration, time management and problem-solving skills in settings that resemble real working environments.

Parents are also placing growing importance on practical STEM experiences. For Nguyen Phuong Lan, whose child participated in a robotics summer programme, expanding access to hands-on STEM education is just as important as teaching technical knowledge.

"Opportunities to experience practical STEM education in public schools remain limited, with most activities taking place through extracurricular clubs. Families often have to look outside school if they want more structured programmes. I hope children can explore different career pathways from an early age so they have a better understanding of where their interests and strengths lie," Lan said.

Lan said that in the AI era, parents are increasingly concerned about their children's ability to continue learning rather than simply acquiring knowledge.

"The most important skill is the ability to learn independently and adapt. AI will continue to transform the way we live and work, so children need to know how to use AI effectively while continuing to think creatively and develop ideas of their own. More importantly, they need the initiative to set goals, explore, and keep learning throughout their lives," she added.

Co-organised by the Asia Pacific Foundation of Canada, the Ministry of Industry and Trade (MoIT) and the Embassy of Canada to Vietnam, the forum brought together senior representatives from Canada, Vietnam, Japan, Singapore, and the EU to discuss practical pathways for greater regulatory cooperation, digital trade interoperability, supply chain resilience, and investment facilitation.

Held at a time of increasing geopolitical fragmentation and evolving trade dynamics, the forum explored how middle-power economies can work together to safeguard an open, inclusive, and a rules-based international trading system.

Mary-Catherine Speirs, Director General, Trade Negotiations Bureau, Global Affairs Canada addressed a speech at the forum

The programme featured keynote addresses from Mary-Catherine Speirs, Director General, Trade Negotiations Bureau, Global Affairs Canada, and Ngo Chung Khanh, Vietnam’s deputy director general, Multilateral Trade Policy Development under MoIT, alongside three panel discussions examining the strategic case for CPTPP–EU alignment, economic security, and translating trade agreements into commercial outcomes.

According to Jim Nickel, Ambassador of Canada to Vietnam, at a time of growing uncertainty in the global economy, Canada and Vietnam share a strong interest in building more resilient, diversified, and sustainable trade relationships.

“This forum brings together leaders from government, business, and academia to explore practical solutions that strengthen economic cooperation and unlock new opportunities across CPTPP and European Union economies. Canada's growing trade partnership with Vietnam demonstrates the value of open, rules-based trade and strong international collaboration in building a more resilient and prosperous future,” Ambassador Nickel said.

The ambassador added that since the CPTTP entered into force between Canada and Vietnam in 2019, the bilateral trade relationship has expanded significantly.

“But the greatest opportunity many still lie ahead. The next phase of CPTTP is about more than tariff reductions. It is about expansion, strengthening supply chains, supporting digital trade, facilitating investment, and helping businesses diversify into trusted market across the Indo-Pacific,” he said.

“We are also looking beyond the CPTTP itself. One of the most important developments in global trade polity today is the growing dialogue between CPTTP economies and the European Union. As economies seek to reduce fragmentation and improve on the operability between different trade frameworks, there is increasing interest in regulatory cooperation, digital governance, sustainable trade and investment facilitation,” he added.

The discussions highlighted Vietnam's unique position as one of the few economies that is party to both the CPTPP and the EU–Vietnam Free Trade Agreement (EVFTA), placing it at the intersection of two of the world's most ambitious trade architectures.

Participants also explored opportunities to deepen cooperation in priority areas identified through the inaugural CPTPP–EU Trade and Investment Dialogue, including digital trade, sustainable trade, investment, and resilient supply chains.

Barrett Bingley, Asia regional director of Asia Pacific Foundation of Canada said that the trade and investment flows of tomorrow will not be defined by the largest economies alone.

“It will be shaped by countries willing to work together to strengthen trust, build resilient supply chains, and uphold a rules-based trading system. By fostering dialogue across governments, business, and academia, today's forum demonstrates the growing leadership of Canada and Vietnam in advancing that vision while creating practical pathways for closer cooperation between the CPTPP and the European Union,” Bingley said.

The forum underscored the growing importance of practical collaboration between governments, businesses, and research institutions as economies seek to diversify trade relationships, reduce supply chain vulnerabilities, and adapt to an increasingly complex global landscape.

Throughout the day, participants exchanged perspectives on how greater interoperability between CPTPP and EU frameworks could reduce barriers for businesses while preserving high standards for digital governance, sustainability, and investment.

Ngo Chung Khanh, deputy director general, Multilateral Trade Policy Department, MoIT said that as chair of the CPTPP in 2026, Vietnam will seek to engage the business community to be more closely involved in shaping the next stage of cooperation with stronger and more regular connections among businesses, chambers of commerce, research institutions and government agencies across CPTPP and European economies.

“Policy dialogue is important. But commercial relationships are ultimately built between people and companies,” said Khanh.

As Canada and Vietnam continue to strengthen their economic partnership under the CPTPP, the forum reaffirmed a shared commitment to advancing an open, resilient, and rules-based international trading system through practical cooperation and sustained dialogue.

Bilateral merchandise trade exceeded $14.2 billion in 2025, making Vietnam one of Canada’s most important trading partners in Southeast Asia. Canadian investment in Vietnam continue to grow, reflecting confidence in Vietnam’s long-term economic prospects and its role as key Indo-Pacific partners.

Experts from Canada and Vietnam discussed the strategic case for CPTPP-EU alignment

Canada's EDC and EXIM Thailand sign deal to advance bilateral trade across Asia Pacific Export Development Canada and EXIM Thailand signed a partnership agreement to pursue joint trade and investment initiatives between Canada and Thailand, with scope extending across the broader Asia-Pacific region.

Vietnam eyes greater Canadian investment as FTA talks progress Vietnam and Canada are seeking to expand cooperation in finance, investment and the green economy while expressing optimism that negotiations for the ASEAN-Canada Free Trade Agreement will be concluded this year.

• Agricultural Produce;
• Apparel, Garments and Accessories;
• Beverages;
• Education;
• Fashion Accessories and Textiles;
• Footwear;
• Franchise;
• Gifts, Souvenirs and Jewellery;
• Gloves;
• Islamic Financial Services;
• Information and Communication Technology;
• Logistics;
• Machinery and Equipment;
• Packaging and Containers;
• Palm Oil Products;
• Pet Products;
• Pharmaceuticals;
• Toiletries and Cosmetics; and
• Prepared Food.

The issuer is solely responsible for the content of this announcement.

Malaysia External Trade Development Corporation (MATRADE)

For more information, please contact:

Aninawati Saleh

Head of Corporate Communication
Malaysia External Trade Development Corporation (MATRADE)
Tel (Direct) : 03 - 6207 7077 (7826)
Email : communication@matrade.gov.my

PRUApex Legacy Index II allows customers to diversify and allocate premiums across a mix of indices, offering broader market exposure across the United States (US), Europe, and emerging markets (e.g. China, South Korea and Brazil), as well as a gold-equity index. They have access to indices with both capped and uncapped returns (i.e. volatility-controlled indices that have no cap on potential gains^[1]) that meet their legacy planning needs, and the flexibility to balance stability and growth potential based on their risk appetite.

Fung added: "We were the first insurer in Singapore to introduce a volatility-controlled index (i.e. index with uncapped returns[1]) in an indexed universal life plan two years ago. With PRUApex Legacy Index II, we are expanding the range of index options available to customers, giving them more ways to grow and protect their legacy through familiar indices with capped returns, such as the S&P 500, and indices that provide higher stability through their volatility-controlled design while offering uncapped return[1] potential."

Customers who prefer a standard market index can opt for indices such as the S&P 500^[3][8], MSCI Emerging Markets^[3][8], and EURO STOXX 50^[3][8]. If they are looking for indices with uncapped returns^[1] that provide a stable, pre-determined level of risk, they can choose from volatility-controlled indices including the S&P 500 FC^[4][8], UBS MASTR^[5][8], Barclays Shiller Allocator^[6][8] and MSCI World Golden Compass^[7][8].

Future-proofing legacy planning with flexible design

PRUApex Legacy Index II gives policyholders more flexibility over how death benefits are paid out. Instead of receiving the full amount as a single lump sum, beneficiaries can receive payouts in one lump sum, or in yearly instalments of 2 to 10 years to provide continued support for their loved ones.

Customers can choose from single-premium and multipay options for up to 20 years. This gives them more choices based on their liquidity needs, legacy planning priorities, and preferred pace of premium commitment.

For the Fixed Account, there is a first-year Crediting Rate of 4.20% p.a. & Guaranteed Minimum Crediting Rate of 2.00% p.a.

Affluent and high-net-worth customers can kickstart their legacy planning with PRUApex Legacy Index II with a sum assured as low as US$500,000.

For more information on PRUApex Legacy Index II, please visit: https://www.prudential.com.sg/products/legacy-planning/pruapex-legacy-index-ii

[1] Subject to prevailing Participation Rate. Please refer to Product Summary for details.
[2] The one-time Bonus Crediting Rate amount is based on the policy's multipay premium term.
[3] Subject to a Cap Rate of 9.0%, 10.5% and 11.0% for S&P 500 Index, Euro Stoxx 50 Index and MSCI Emerging Markets Index respectively which are not guaranteed. Guaranteed Minimum Cap Rate of 3.0% applies.
[4] Refers to the S&P 500 FC TCA 0.50% Decrement Index (USD) ER. Guaranteed Minimum Participation Rate of 40% applies.
[5] Refers to the UBS Multi Asset Strategy Tactical Rotation Index. Guaranteed Minimum Participation Rate of 70% applies
[6] Refers to the Shiller Barclays CAPE® Allocator 6 Dynamic Risk Control Index Guaranteed Minimum Participation Rate of 65% applies.
[7] Refers to the MSCI World Titans Golden Compass Select Index. Guaranteed Minimum Participation Rate of 35% applies
[8] Cap Rate, Participation Rate, Guaranteed Minimum Cap Rate and Guaranteed Minimum Participation Rate are subject to change.

https://www.prudential.com.sg/

The issuer is solely responsible for the content of this announcement.

The issuer is solely responsible for the content of this announcement.

Located at Level 5, next to the Domestic Departure Gate at KLIA Terminal 1, the milestone café places freshly brewed coffee, hot meals and ready-to-eat favourites within easy reach of one of Malaysia's busiest transport hubs. KLIA Terminal 1 serves approximately 28 to 30 million passengers annually, with around 13,000 to 14,000 departing and arriving travellers each day. During peak operating hours, the terminal can accommodate nearly 6,800 passengers per hour, while festive travel periods see passenger volumes surge significantly.

More than just another store opening, the milestone reflects how CAFé by 7-Eleven has evolved into an integral part of Malaysians' daily routines, serving everyone from busy professionals grabbing their morning coffee to students on the go, families travelling home, and holidaymakers beginning their next adventure.

With more Malaysians seeking convenient, quality food and coffee throughout the day, CAFé by 7-Eleven has steadily expanded to meet evolving consumer lifestyles. The opening of its 1,000th outlet at KLIA marks another milestone in bringing that convenience to one of Malaysia's busiest travel gateways.

The choice of KLIA for this milestone reflects 7-Eleven Malaysia's strategy of expanding into high-traffic locations where convenience matters most. As consumer lifestyles become increasingly mobile, transport hubs have become key destinations for quick, quality food and beverage solutions, allowing CAFé by 7-Eleven to better serve travellers at every stage of their journey.

Commenting on the milestone, Wong Wai Keong, Co-CEO of 7-Eleven Malaysia Sdn. Bhd., said the opening of the company's 1,000th CAFé by 7-Eleven represents more than a numerical milestone. It reflects how consumer expectations and lifestyles have evolved over the years.

"Today's customers expect quality coffee, fresh meals and convenience wherever they are, whether they're heading to work, commuting across town or catching a flight. Over the years, we've transformed CAFé by 7-Eleven into a destination that fits naturally into those everyday moments. Convenience today is no longer just about being nearby. It's about being exactly where customers need us most, whether that's in neighbourhoods, commercial districts or one of the country's busiest airports."

"There is no better place to celebrate this milestone than KLIA, one of Malaysia's busiest travel gateways. Millions of passengers pass through the airport every year, making it the ideal location for us to demonstrate how convenience retail can better serve today's increasingly mobile consumers. Whether they're catching an early morning flight, returning home or travelling for business, we want CAFé by 7-Eleven to be part of that journey."

As one of Malaysia's largest convenience retailers, 7-Eleven continues to evolve beyond traditional retail by expanding CAFé by 7-Eleven across neighbourhoods, commercial districts, hospitals, transport hubs and major travel gateways. Offering an expanding range of food, beverages and ready-to-enjoy meal options, the growing network reflects the company's commitment to making quality food and beverages more accessible wherever customers need them.

The KLIA outlet represents another step in that strategy, enhancing the travel experience by ensuring customers can conveniently enjoy fresh food and beverages before departure without compromising on quality or speed.

Today, with more than 2,700 stores nationwide and 1,000 CAFé by 7-Eleven outlets, the company continues to strengthen its position as Malaysia's leading convenience retailer by adapting to evolving consumer expectations through innovation, accessibility and everyday convenience.

As Malaysians continue to embrace increasingly mobile lifestyles and seek greater convenience in their daily routines, 7-Eleven Malaysia remains committed to expanding CAFé by 7-Eleven into locations where quality food and beverages are needed most. Guided by its promise of "Always There For You", the company will continue bringing greater convenience to customers wherever life takes them.

The issuer is solely responsible for the content of this announcement.

To learn more, please visit our website at www.7eleven.com.my

The issuer is solely responsible for the content of this announcement.

The issuer is solely responsible for the content of this announcement.

Announced on July 20, the milestone will enable Sembcorp Integrated Hubs and Sembcorp Logistics Parks to deliver future factories and warehouses designed and built to internationally recognised sustainability standards.

The Leadership in Energy and Environmental Design (LEED) Volume programme allows sustainability strategies to be pre-certified at the prototype level, streamlining certification across multiple buildings compared with the conventional building-by-building approach. The prototype sets the benchmark for Sembcorp’s future ready-built facilities, with design strategies adaptable to different site conditions, operational requirements and anticipated tenant needs.

The prototype incorporates solar photovoltaic systems, energy-efficient building systems, EV-ready infrastructure, water-efficient fixtures, sustainable materials and indoor environmental quality measures. It is expected to achieve at least 25 per cent higher energy efficiency and 40 per cent lower indoor water consumption compared with LEED baseline requirements.

Lee Ark Boon, CEO of Sembcorp Development, said, "Businesses are increasingly seeking industrial facilities that can support growth while meeting evolving regulatory and sustainability requirements. The LEED Volume prototype enables us to offer ready-built facilities with recognised green building features from day one, helping customers reduce the environmental footprint of their operations and advance their decarbonisation goals."

P. Gopala Krishnan, managing director for Southeast Asia and Middle East at Green Business Certification Inc. said, “By achieving approval for Vietnam’s first LEED Volume pre-certified prototype for ready-built industrial facilities, Sembcorp is demonstrating how scalable green building solutions can accelerate decarbonisation in fast-growing markets. The LEED Volume programme is designed to help organisations replicate high-performance strategies efficiently across multiple projects, expanding access to healthier, more resource-efficient buildings at speed.”

Green Business Certification Inc. is the independent certification body that administers the LEED rating system.

Sembcorp currently has a portfolio of over one million square metres of gross floor area of ready-built industrial properties across Vietnam and is on track to achieve its 2028 target of 1.5 million sq.m.

Sembcorp powers Vietnam’s transition to low-carbon industrial future Sembcorp is at the forefront of low-carbon industrial development in Vietnam, contributing to the country's sustainability goals. Lee Ark Boon, CEO of Sembcorp Development, co-developer of the Vietnam Singapore Industrial Parks (VSIPs), spoke with VIR's Thanh Van about the company's efforts in advancing Vietnam's transition to green manufacturing and a low-carbon industrial future.

Sembcorp gets approval for AI-ready data centre in Ho Chi Minh City Sembcorp Development has received investment approval for a hyperscaled and AI-ready data centre campus in Ho Chi Minh City, through its joint venture with StarMason JSC.

Sembcorp Development gains approval for VSIP Hue On January 29, Sembcorp Development, through its Vietnam Singapore Industrial Park (VSIP) joint venture with Becamex IDC, has received approval to develop VSIP Hue, a 467-hectare industrial park in central Vietnam.

Among securities firms, MB Securities JSC (MBS) was the first to report its Q2 results on July 7, posting encouraging figures. The company recorded revenue of more than $47.84 million in Q2, up 51 per cent on-year, primarily driven by proprietary trading, brokerage services, and margin lending.

MBS reported after-tax profit of $12.04 million for the quarter, up 36 per cent, bringing first-half after-tax profit to $23.68 million, representing annual growth of 21 per cent.

An Binh Securities also announced its results, with Q2 after-tax profit reaching $6.35 million, more than 4.8 times higher than the same period last year. In the first six months of 2026, the firm generated $17.7 million in operating revenue and $7.20 million in after-tax profit, up 2.2 times and three times, respectively, compared with a year earlier.

Meanwhile, OCBS Securities also posted a sharp increase in its Q2 profit, reaching $4.4 million, more than 41 times higher compared to one year ago.

In the banking sector, several lenders have also released preliminary earnings figures. VietBank reported first-half pre-tax profit of $36.92 million, an increase of more than 79 per cent on-year. ABBank announced first-half pre-tax profit of $120.6 million, up 80 per cent from the same period in 2025.

The State Bank of Vietnam's business sentiment survey indicates that overall business conditions and pre-tax profits across the banking system continued to improve in Q2 compared with the previous quarter and remained relatively stable, although they fell short of expectations recorded in the previous survey. More than 84 per cent of credit institutions expect positive pre-tax profit growth compared with 2025, while only 10.6 per cent anticipate negative earnings growth, and 5.3 per cent expect profits to remain unchanged.

In the oil and gas sector, companies have also released preliminary business estimates ahead of their financial statements. PetroVietnam Gas Corporation estimates first-half revenue of $3 billion and after-tax profit of $320 million, fulfilling 70 per cent of its full-year profit target. Meanwhile, Binh Son Refining and Petrochemical produced more than four million tonnes of products during the first half of the year and recorded after-tax profit of more than $505.4 million, seven times higher than the same period last year.

According to latest statistics from FiinTrade, as of July 17, 35 listed companies had announced their earnings, with average after-tax profit growth of 34.98 per cent on-year. The strongest performers included securities firms such as TCBS, MBS, ABS and EVS, as well as companies in the electrical equipment sector such as GEE and building materials producers such as NNC

Despite a challenging business environment, analysts generally maintain a positive outlook on earnings growth among listed companies. Forecasting overall market earnings, MBS estimates aggregate profit growth of around 15 per cent in Q2 of 2026. The sectors expected to deliver the strongest profit growth include transportation (65 per cent), industrial park real estate (58 per cent), retail (34 per cent) and oil and gas (28 per cent). Meanwhile, industries likely to experience earnings declines due to higher fuel costs include aviation (minus 61 per cent) and export-oriented businesses (minus 35 per cent).

The market concluded the first half of 2026 with macroeconomic conditions showing increasingly positive signs. Key concerns that had weighed on investor sentiment have gradually eased, including inflation risks stemming from geopolitical tensions in the Middle East, the prospect of tighter monetary policy and elevated oil prices. According to analysts at Tien Phong Securities, investor sentiment is gradually shifting from a defensive stance towards optimism about the outlook for the economy and businesses.

Amendments to Securities Law aim to modernise capital market framework The Ministry of Finance is continuing to refine the draft Law amending and supplementing several articles of the Securities Law, with a view to submitting it to the 16th National Assembly’s second session, scheduled for October.

Capital channel reform critical to Vietnam's next growth phase Restructuring Vietnam's capital channels has become increasingly urgent as the country seeks to mobilise an estimated $1.54 trillion to support its double-digit growth ambitions over the next five years, delegates heard at a seminar in Hanoi.

Stock market urged to take bigger role in financing next growth phase With investment demand expected to far exceed the capacity of the state budget and bank lending, restructuring capital channels and strengthening the stock market's financing role have become essential to sustaining Vietnam's next phase of economic growth.

Reshaping capital flows to unlock Vietnam's next growth engine As Vietnam pursues double-digit economic growth, restructuring capital channels beyond bank credit, spanning the equity market, corporate bonds and institutional investors, will be essential to building a more balanced and resilient financial system.