On June 26, in Hanoi, C.P. Vietnam Corporation was honoured among the Top 5 Most Innovative Enterprises in High-tech Agriculture (VIE10). The recognition was presented during the Vietnam Business Forum 2026, held under the theme "Innovation for growth, green for sustainability."

The VIE10 programme is an annual research and recognition initiative organised by Viet Research in collaboration with VIR (under the Ministry of Finance). The programme evaluates enterprises based on a comprehensive set of criteria, including financial performance, innovation strategy, research and development (R&D), corporate culture, technological achievements, and the Innovation Premium (IP) Index.

For C.P. Vietnam, the recognition reflects the company's commitment to embedding innovation across its integrated Feed-Farm-Food value chain from production and quality management to sustainable development. As the agri-food sector faces growing challenges related to climate change, food safety, traceability, and increasingly stringent market requirements, innovation has become a key driver of long-term competitiveness.

"Innovation is one of the six core values of the C.P. Group and has long been central to C.P. Vietnam's growth strategy. We continue to invest in research and development, digital transformation, AI, and smart operating models to support the modernisation and sustainable development of Vietnam's agri-food industry, strengthen food security, and improve people's quality of life," said Vu Anh Tuan, senior vice president, Agro Feed Business, C.P. Vietnam.

Sustainovation

C.P. Vietnam operates an integrated Feed-Farm-Food value chain spanning animal feed production, livestock farming, food processing, and distribution. Across this integrated model, the company takes a systematic approach to innovation under its "Sustainovation" strategy, which combines technological innovation with green development.

With that, C.P. Vietnam has implemented SAP S/4HANA and the SAP Net Zero Intelligence Platform, enabling integrated financial and operational data management, production monitoring, quality control, and environmental performance tracking.

The company is also advancing Smart Farm and Smart Production initiatives across its farms and manufacturing facilities. Smart Production leverages automation, robotics, and AI to streamline operations, improve productivity, and support employees in tasks requiring high-precision and repetitive execution. On farms, Smart Farm solutions integrate climate-controlled housing, standardised sanitation protocols, the Internet of Things, AI, and automation technologies to optimise environmental conditions, monitor animal health, and enhance nutritional management.

Within its animal feed business, C.P. Vietnam continues to invest in product innovation, process improvement, and digital technologies to optimise raw material utilisation, strengthen quality assurance, and respond to evolving market needs. These initiatives help ensure tighter control over both inputs and finished products before they reach customers.

Innovation at C.P. Vietnam goes hand in hand with sustainability. Across its operations, the company is advancing renewable energy adoption, circular economy practices, plastic reduction, emissions management, product traceability, and sustainable supply chain development.

By integrating Green Farm, Smart Farm, and Smart Production models, C.P. Vietnam is improving resource efficiency, encouraging water reuse, and generating renewable biogas energy from livestock waste, supporting a more resilient and green agri-food value chain.

C.P. Vietnam changed its packaging for fresh chicken, helping save eight tonnes of plastic annually

Embedding innovation into everyday work

Since 2020, the company has been granted 18 intellectual property rights by the National Office of Intellectual Property of Vietnam, including two invention patents and 16 utility solution patents.

These innovations enhanced operational efficiency, resource utilisation, and sustainability. By redesigning and reducing packaging materials, C.P. Vietnam has cut plastic consumption by approximately 8 tons annually for its fresh chicken products and reduced plastic usage in animal feed bags by around 20 per cent per bag, helping minimise the company's impact on the environment.

AI is also playing an increasingly important role across the company's operations. C.P. Vietnam is integrating AI into both business functions and corporate departments to improve productivity, optimise operations, and support long-term sustainable growth throughout its agri-food value chain.

Most recently, the company launched 6 AI transformation projects designed to accelerate the development of a smarter, more sustainable agri-food ecosystem. These initiatives include AI capability development for employees, an AI-powered livestock disease advisory system, intelligent camera solutions for farm operations, image-based raw material quality inspection, a digital feed formulation management platform, and an AI-enabled sales management solution for distributors. The projects will be implemented in two phases, starting with the development of core data and technology infrastructure before scaling validated solutions across the company's operations.

C.P. Vietnam is fostering a culture in which employees are encouraged to “master AI” by applying it in their daily work to improve processes, increase efficiency, and deliver greater value to customers and business partners. The company also regularly provides training programmes for Theory of Inventive Problem Solving, equipping employees with structured innovation methodologies and reinforcing a company-wide culture of creativity and continuous improvement.

C.P. Vietnam also outperformed participants from 14 other countries and received the prestigious Chairman's Award, presented by the Chairman of the C.P. Group, for outstanding innovation projects at the CP Innovation Exposition & CP Symposium 2025, where the company presented a total number of 240 innovation projects.

Looking ahead, C.P. Vietnam will continue to pursue innovative solutions across its integrated Feed-Farm-Food value chain from farm to family, by accelerating AI transformation, expanding automation, strengthening circular economy practices, and advancing smart manufacturing. Through these efforts, the company aims to support the development of Vietnam's agri-food sector while enhancing food safety and improving people's quality of life.

C.P. Vietnam accelerates ESG strategy across supply chain C.P. Vietnam held its 2025 Supplier Potential Development Conference with a strong focus on promoting environmental, social, governance (ESG) standards on November 20. The event marked a clear shift from a traditional partner-networking meeting to an in-depth forum on sustainable supply-chain development, gathering more than 100 of the company's strategic suppliers.

C.P. Vietnam enhances AI adoption in agri-food chains C.P. Vietnam will work with FPT to explore AI and digital solutions across its Feed-Farm-Food value chain, supporting smart farms, lower costs, and advanced food safety traceability.

C.P launches AI initiatives to accelerate smart and sustainable agri-food transformation in Vietnam Charoen Pokphand Foods Public Co., Ltd. (CPF) has launched six AI transformation initiatives across C.P. Vietnam's integrated Feed-Farm-Food value chain, building on a strategic cooperation agreement with FPT Corporation.

Under Resolution 68-NQ/TW, the government has increasingly prioritised private enterprises as key drivers of national economic growth. Furthermore, ongoing capital market reforms aimed at enhancing transparency, improving corporate governance, and accelerating a potential market upgrade are opening new funding channels.

To address these shifting dynamics, business leaders and next-generation executives recently gathered at a seminar co-hosted by Standard Chartered and PwC Vietnam on June 30 to explore how Vietnam family businesses can turn succession into a strategic advantage.

Luong Thi Anh Tuyet, partner and private services leader at PwC Vietnam, takes the mic

Data from the PwC Family Business Survey 2025 highlights a striking duality within the local market. While Vietnamese family firms are among the most growth-oriented globally, with nearly one-third pursuing aggressive expansion, this commercial ambition is rarely matched by formal corporate governance structures.

The survey reveals that internal misalignment remains a significant risk, primarily because very few local organisations have established formal mechanisms to manage generational transitions.

For instance, a mere 6 per cent of domestic family firms possess a family constitution, compared to a global average of 26 per cent, and only 22 per cent have formal shareholder agreements in place.

Additionally, 47 per cent of respondents indicate that their board of directors consists entirely of family members, often leading to a lack of diverse outside expertise within their top leadership ranks.

Bridging these structural gaps is essential for long-term commercial survival, particularly as digital disruption accelerates.

PwC’s survey notes that 73 per cent of next-generation leaders view generative AI as a powerful force for transformation, yet many question their organisation's immediate readiness to capitalise on it.

Luong Thi Anh Tuyet, partner and private services leader at PwC Vietnam, emphasised that succession planning must evolve to meet these modern technological and structural demands.

“Succession is no longer simply about inheritance, it has become a dual-track journey: strengthening governance foundations while developing the next generation into capable and resilient leaders,” she stated.

This view was reinforced by Marcel Irawan, private leader at PwC Indonesia, who highlighted that passing the baton requires comprehensive preparation ahead of time.

“Across Asia, we see that succession succeeds not simply through transferring ownership, but through deliberately preparing three dimensions in parallel: values, wealth and leadership,” he said.

Ultimately, by establishing robust family governance early, aligning across generational divides, and embracing forward-looking leadership, Vietnamese family enterprises have a unique opportunity to turn a complex transition into a powerful catalyst for future transformation.

PwC: Family businesses in Vietnam need to transform to build trust Family businesses not only need to make transformative changes to build trust, they have also got to make their efforts visible and communicate them clearly to their stakeholders, according to the Family Business Survey 2023 - Transform to Build Trust by PwC Vietnam.

Navigating challenges and embracing succession: Insights for Vietnamese family businesses Vietnam’s family businesses should prioritise the paramount importance of a well-crafted succession plan to secure their long-term success and effectively pass on leadership to future generations.

PwC 2025 Family Business Survey: navigating a new era of agility and purpose PwC Vietnam has announced the launch of its 12th Family Business Survey, part of PwC's global study that gathered insights from 1,325 family businesses across 62 territories, including 32 from Vietnam.

According to the MoF, several media outlets and social media platforms have reported that, under the Law on Personal Income Tax No.109/2025/QH15, transactions involving gold bullion would become subject to a personal income tax of 0.1 per cent of the value of each transfer starting July 1, 2026.

“Such an interpretation is inaccurate,” the MoF said on June 30.

The Law on Personal Income Tax No.109/2025/QH15 was passed by the 15^th National Assembly at its 10th session last December and comes into effect on July 1, 2026. The law classifies income derived from gold bullion transfers as taxable income.

However, the law authorises the government to determine the taxable value threshold for gold bullion transactions, the timing of tax collection and any adjustments to the personal income tax rate on gold bullion transfers in line with the roadmap for managing Vietnam's bullion market.

Regarding provisions included in the draft government decree detailing several articles of the law and measures for implementing personal income tax on gold bullion transfers, the MoF said on May 29 it submitted an Official Letter to the Government Portal, requesting publication of its explanatory report and responses to public comments on the draft decree.

The ministry also submitted Proposal No.295/TTr-BTC dated May 19, and Official Letter No.8454/BTC-CST dated June 19 to the government, reporting its responses to comments from Cabinet members. In those submissions, the MoF proposed that the draft decree should not yet provide detailed regulations on taxing gold bullion transfers, arguing that a comprehensive legal framework covering tax policy and tax administration for gold trading activities should be developed first.

Accordingly, the MoF is working with the State Bank of Vietnam and other relevant agencies to draft a government decree governing tax policy and tax administration for gold trading activities.

The decree is expected to cover VAT, corporate income tax and personal income tax, including personal income tax on gold bullion transfers, while applying appropriate rules for different categories of businesses and individuals engaged in gold trading or transfers, including transactions conducted through a gold exchange if established.

The move is intended to ensure consistency with other recently enacted or revised legislation, including the Law on Investment, which has removed business licensing requirements for jewellery and fine art gold products, as well as amendments currently being prepared by the SBV to Government Decree No.24/2012/ND-CP dated April 2012 on the management of gold trading activities. It is also intended to align with the roadmap for establishing a gold exchange.

Earlier, on December 10, 2025, at the 10^th session of the 15^th National Assembly, lawmakers approved the revised Law on Personal Income Tax.

Key provisions of the revised law include raising the family circumstance deduction to $620 per month for taxpayers, maintaining the highest marginal personal income tax rate at 35 per cent, and introducing a 0.1 per cent tax on gold bullion transfers, among others.

The law stipulates a tax rate of 0.1 per cent on the value of each gold bullion transfer while authorising the government to determine the taxable value threshold, the timing of implementation and any adjustments to the tax rate in accordance with the roadmap for regulating the gold market.

Vietcombank begins selling gold bullion online Vietcombank began selling SJC-branded gold bullion online on June 12.

Gold bullion for sale online at two more banks State-owned commercial banks BIDV and Agribank have started selling gold bullion online.

Gold market to become more competitive as gold bullion monopoly ends Eligible banks and enterprises will be licensed to import raw gold and produce bullion — a function that, until now, has been exclusively assigned to a single entity.

Greenhouse gas emission allowances represent the maximum volume of emissions that a country, industry, or enterprise is permitted to release over a specified period, typically one year.

Under a decision approved by the prime minister, total emission allowances allocated to Vietnam’s thermal power, steel, and cement industries for 2025-2026 amount to more than 511 million tonnes of CO₂e.

Companies exceeding their allocated quotas will be required to purchase additional allowances from lower-emitting enterprises or use carbon credits to offset emissions, with offsets capped at 30 per cent of their allocated allowances.

Trading results are published daily on the website of the Hanoi Stock Exchange, which operates the platform.

By 9:15am on the opening day, the exchange had recorded transactions of 400 tonnes of CO₂e, with a total trading value of $2,160. The latest traded price reached $5.40 per tonne.

By the close of the first trading session, total transaction volume had exceeded 1,200 tonnes of CO₂e, with a combined value of $6,468. While the highest traded price remained $5.40 per tonne, the closing price eased to $5.2 per tonne.

Under the trading mechanism, participating enterprises will use securities accounts opened with licensed securities companies authorised to join the carbon exchange. Similar to stock market transactions, buyers and sellers receive immediate confirmation once trades are executed, along with monthly statements covering both cash balances and emission allowance holdings.

Nguyen Anh Phong, chairman of Hanoi Stock Exchange, said it aimed to create a flexible financial mechanism enabling businesses to optimise the cost of emission reductions while aligning economic incentives with environmental responsibilities.

“The core objective of the exchange is to establish a flexible financial mechanism that helps enterprises optimise emission reduction costs while closely linking economic benefits with environmental protection responsibilities,” Phong said.

Vu Thi Chan Phuong, chairwoman of the State Securities Commission of Vietnam, said launching the exchange is only the first step towards developing a stable, transparent, efficient, and sustainable carbon market.

She called on stakeholders to study international experience, strengthen the capacity of intermediary institutions, member securities firms, and service providers, and gradually develop Vietnam’s carbon market in line with global integration requirements.

The pilot carbon exchange will operate until 2028, before moving to full commercial operation in 2029. During the pilot phase, participating enterprises will be exempt from exchange service fees.

Utilising carbon trading exchange for benefit of all

Interest must rise for carbon exchange

MoF taps global expertise to launch carbon exchange pilot

Vietnam sets launch date for domestic carbon exchange

The joint venture, comprising Vietnam Oil and Gas Power Corporation, Vietnam Machinery Installation Corporation, and B.Grimm Power Public Co., Ltd, made the proposal during a meeting with the Ha Tinh People's Committee on June 25. The consortium is seeking assistance with land allocation, land lease, and sea surface allocation to accelerate the project.

The investors requested Ha Tinh People's Committee to propose favourable policies to ensure the project's viability, support land allocation and lease procedures, and invest in a 500kV transmission line connecting the plant to the national grid. They also called for accelerating the liquefied natural gas (LNG) storage facility, completing exploitation of the Cup Bau sand mine, and providing support for levelling materials for construction.

The project received investment approval from Ha Tinh People's Committee on June 9. The plant will have a capacity of approximately 1,500 MW, with total estimated investment of VND51.43 trillion ($2 billion), utilising more than 51.7 hectares of land and nearly 16 hectares of sea surface.

In August, the investor will establish a project company and submit the feasibility study and detailed 1/500-scale construction plan for appraisal. The first 750-MW generating unit is expected to begin commercial operations in the first quarter of 2031, with the second unit planned for the second quarter of 2032.

Once completed, the plant is expected to become one of the key energy facilities in the north central region, supporting national energy security and Power Development Plan VIII.

PV Power shakes hands with SK Group on Quynh Lap LNG thermal power plant On May 18, the Nghe An People’s Committee and a consortium comprising PV Power, Nghe An Sugar Company (NASU), and SK Innovation held a ceremony to launch technical infrastructure works for the Quynh Lap LNG thermal power plant with a total investment of nearly $2.2 billion.

Thailand’s B.Grimm Power and PV Power join forces to develop LNG power plant On May 28, B.Grimm Power and PV Power signed a cooperation agreement to jointly develop the Vung Ang III LNG Power Plant in Ha Tinh province.

EVN and Gulf Energy plan to develop LNG projects in Vietnam EVN and Gulf Energy Group (Thailand) have discussed the possibility of cooperating to develop wind and liquefied natural gas power projects in Vietnam.

Karpowership on floating LNG as a bridge for Vietnam's energy needs Vietnam's energy challenge is no longer about building enough capacity, but delivering it fast enough. Jad El Sebaaly of Karpowership discussed with VIR how floating liquefied natural gas and Powerships can address short-term supply pressures while supporting the country's long-term energy roadmap.

Work starts on Japan–Bac Lieu wind power plant On June 20, Ca Mau People’s Committee, in collaboration with the Japan–Bac Lieu Energy JSC, held the groundbreaking ceremony for the Japan–Bac Lieu wind power plant in Dong Hai commune.

These priorities reflect where Vietnam itself is heading. The Politburo's Resolution 57 and Resolution 72 have made it clear: Vietnam is building a healthcare system powered by science, technology, and innovation – one that prioritises prevention, early detection and timely intervention, while strengthening domestic capability in support of national healthcare priorities and foster partnerships that enable Vietnam to participate more deeply in global value chains.

That is precisely the direction we have been investing in, and it gives us confidence that our long-term commitment here is well-placed.

Over the years, we have partnered to deliver more than 1.2 million AI-assisted screenings across the country, showing that population-scale prevention is both feasible and effective. However, its true value depends on what follows. Patients identified at risk must be connected to timely confirmatory diagnosis and treatment aligned with clinical guidelines. Our focus therefore is not only on detecting disease early, but on strengthening coordinated, guideline-directed care so patients receive the right treatment at the right time, regardless of where they enter the system.

Digital transformation is what connects these efforts. AI, electronic medical records, and standardised clinical pathways allow a large and diverse health system to function as one – improving decision-making, reducing variation, and enabling continuity of care from primary facilities to tertiary hospitals. This is the kind of structural streamlining that both Resolutions call for.

Technology transfer addresses a more structural dimension. Vietnam has set a clear ambition to enhance national drug supply security and research capability. We are actively contributing to that through our manufacturing partnerships and research collaborations because we believe that local capability and long-term access must go hand in hand.

Ultimately, the true measure of any health system transformation is whether patients can actually access it. That is the element that holds all of this together: sustainable financing. It ensures that innovation reaches people equitably, not just those who can afford it. Healthcare financing is what translates national ambition into real access, where policy meets patient outcomes.

So when we speak about these priorities, it is not about separate initiatives. It is about a coherent transformation agenda that Vietnam has clearly defined, and one that we have been committed to supporting for many years. The alignment is not coincidental. It reflects a shared conviction that a more proactive, integrated, and innovation-driven healthcare system is both achievable and necessary.

Which healthcare financing mechanisms could help patients gain faster and more effective access to innovative treatments in Vietnam?

From AstraZeneca’s perspective, expanding patient access to innovative treatments requires a reconsideration of how healthcare is financed, particularly in a system where national health insurance remains the primary source of funding.

While this foundation has enabled significant progress, there is growing recognition that diversifying healthcare financing sources will be essential to meeting future needs. We fully support the policy direction of the government and the Ministry of Health on diversifying health insurance benefit packages and strengthening both private health insurance and supplementary health insurance.

In addition, several new healthcare financing mechanisms have already been implemented in many countries, and we believe some of these may also be well suited to Vietnam’s current context. AstraZeneca is currently working with partners to explore Innovative Value Solutions, focusing on the development of more flexible and outcome-oriented financing approaches. These may include models such as patient support programmes, and risk-sharing agreements. Patient support programmes, in particular, can help reduce financial barriers and enable more timely access to treatment, while also supporting clinical adoption and strengthening healthcare system readiness as broader financing mechanisms continue to evolve.

Importantly, these solutions are not intended to replace the role of national health insurance, but rather to complement and strengthen the overall system, helping patients access innovative treatments earlier and more consistently.

We believe that by combining public funding with complementary financing mechanisms, and by encouraging collaboration among the government, insurers, healthcare providers, and the pharmaceutical industry, Vietnam can build a more inclusive healthcare system. Such a system would ensure that access to innovative treatments is driven by patient need.

How does AstraZeneca align its investment and partnership strategy with Vietnam’s healthcare development goals?

AstraZeneca’s investment and partnership strategy in Vietnam is closely aligned with the country’s long-term healthcare development agenda, particularly the priorities around prevention, early diagnosis, digital transformation, and system sustainability.

For us, this alignment reflects a long-term commitment to invest in the same direction as Vietnam’s healthcare transformation. Over more than 30 years, we have consistently focused on strengthening the system in ways that support both immediate needs and future resilience.

Our investments are designed to reinforce key system pillars, including advancing clinical research, which sits at the heart of the broader innovation platform. It is where scientific discovery is translated into real-world patient outcomes. Strengthening clinical research not only enables earlier access to advanced therapies, but also builds local scientific capacity and supports long-term system advancement.

At the same time, we contribute to local manufacturing and innovation through technology transfer and research collaboration, helping to build domestic capability that supports long-term access.

Our partnership with Hanoi University of Science and Technology through the Health Innovation Hub is one example of this approach, supporting the development of locally relevant, AI-driven solutions in line with Vietnam’s ambition to advance science and innovation.

At the system level, initiatives such as the Partnership for Health System Sustainability and Resilience contribute to strengthening the evidence base for policymaking, enabling more effective and scalable healthcare solutions.

What connects these efforts is a consistent approach. We combine global scientific expertise with strong local partnerships to help accelerate a healthcare system that is not only effective today, but also resilient for the future and capable of delivering equitable outcomes for all patients.

However, the degree of benefit is expected to vary across different segments of the value chain.

The upstream segment is expected to be the industry's brightest performer during the second quarter (Q2) as the average Brent Crude Oil price reaches approximately $97 per barrel.

At the same time, the accelerated rollout of key domestic oil and gas projects is creating a substantial volume of work for oilfield technical service providers.

Exploration and production activities have also become more vibrant than in previous years, reflecting that the oil and gas investment cycle is entering a recovery phase.

For Petrovietnam Technical Services Corporation (PVS), the company continues to benefit from a sizeable backlog associated with major domestic projects such as the Lac Da Vangoil field in the Cuu Long Basin and the offshore Block B–O Mon gas-to-power project in the Malay–Tho Chu Basin.

According to MBS Research, progress on several contract packages has exceeded expectations, while Su Tu Trang’s second-phase 2B contract, signed in April, has further strengthened the company's order backlog for the coming years.

As a result, PVS's Q2 net profit is forecast to reach $17.1 million, up 18.5 per cent on-year.

For Petrovietnam Drilling and Well Services Corporation (PVD), growth is expected to be driven by the official commencement of operations of the PVD IX jack-up drilling rig in April, lifting the company's total number of operating jack-up rigs to the highest level in its history.

In addition, the company's existing rigs continue to operate at near-full capacity across Vietnam, Malaysia, Brunei and Indonesia, while day rates remain around $90,000 per day as market supply continues to lag demand.

MBS Research forecasts PVD's Q2 net profit at $13.6 million, representing an on-year increase of 41.3 per cent.

In the midstream segment, MBS Research believes business performance will generally remain stable, although there are still few catalysts capable of driving significant innovation

For Petrovietnam Gas Joint Stock Corporation, elevated oil prices during most of the quarter supported selling prices for dry gas, liquefied petroleum gas (LPG), and condensate.

At the same time, the company continued expanding its liquefied natural gas import activities, importing 354,000 tonnes during the first six months of the year while securing an additional 140,000 tonnes of LPG to ensure supply for power generation, industrial production and consumer demand.

Nevertheless, the company's Q2 net profit is projected to decline 24.8 per cent on-year to $142.8 million, mainly because the same period last year recorded a provision reversal worth approximately $64 million.

Excluding this one-off item, the company’s core earnings are expected to remain broadly flat compared to one year ago.

Meanwhile, PetroVietnam Transportation Corporation (PVT) continues to maintain a high fleet utilisation rate, with its entire fleet operating steadily.

Although tensions in the Middle East have contributed to higher international crude oil tanker freight rates, the benefits to PVT are expected to be largely indirect, given that its fleet is primarily concentrated in specialised segments such as oil tankers and LPG carriers.

MBS Research forecasts PVT's Q2 net profit at $14 million, up 18.8 per cent on-year, supported by strong fleet utilisation, newly commissioned vessels, and a more favourable freight rate environment.

The downstream segment is expected to witness the greatest divergence in performance, as oil price movements affect individual companies differently.

For Binh Son Refining and Petrochemical JSC (BSR), after being adversely affected in Q2 of 2025 by oil price volatility and inventory write-down provisions, business performance is expected to recover strongly this year.

MBS Research forecasts BSR’s Q2 net profit at $163.1 million, soaring almost 38.2 per cent on-year, driven by improved petroleum and diesel crack spreads, the absence of significant inventory revaluation losses, and the continued high-capacity operation of Dung Quat Oil Refinery to meet robust domestic demand.

In contrast, Vietnam National Petroleum Group is forecast to report a 10.3 per cent on-year decline in Q2 net profit to $46.1 million.

Although petroleum sales volumes continue to increase, profit margins are expected to narrow as the company is still selling inventory purchased at elevated oil prices during Q1 and early Q2, while domestic retail fuel prices are adjusted in line with the government's pricing cycle.

With an inventory turnover cycle of approximately 21 to 23 days, the company has yet to fully benefit from the decline in oil prices towards the end of the quarter, thereby placing pressure on its profit margins during the period.

ASEAN countries exposed by Middle East oil dependence ASEAN countries are vulnerable to supply chain disruptions due to their heavy dependence on crude oil imports from the Middle East.

Jadestone Energy signs gas sales agreement in Vietnam Jadestone Energy, an independent upstream production and development company, on April 20 announced the signing of the Gas Sales and Purchase Agreement for the supply of gas from the Nam Du/U Minh discoveries offshore fields in Vietnam.

Petrovietnam signs MoU with Vitol Asia to boost energy cooperation Vietnam National Industry - Energy Group (Petrovietnam) has signed an MoU with Vitol Asia Pte. Ltd. to cooperate in the energy sector and related areas, marking a strategically significant step for the Vietnamese state energy group.

The activities took place at the conference on announcement of the master plan and investment promotion of Dak Lak province on June 27.

Notably, Srepok 3 Solar Power JSC will implement the Srepok 3 floating solar power plant with a capacity of 304 MW. Covering an area of 361 hectares, the venture has a total capital of $294.62 million.

Transport Engineering Construction Corporation No.5 – JSC (Cienco 5) gained in-principle approval to build the Hoa Xuan Tay Industrial Park valued at $180.77 million.

A consortium of Thai Binh Duong Group JSC and Thuan Phong Energy Investment & Development JSC will invest in the Thuan Phong Dak Lak wind power venture worth $147.69 million. Capella Quang Nam JSC will develop infrastructure for Hoa Xuan Dong Industrial Park, with a total capital of $146.54 million.

The NT1 and NT2 wind power ventures will be undertaken by Hoa Binh Energy Investment Group JSC and Nguyen Thao Wind Power JSC has received in-principle approval for the NT1 and NT2 wind power projects, with a total investment of $146.54 million.

Regarding residential development, Cloud Land JSC will build a social housing project in An Phu commune, Tuy Hoa city, with an investment of $99.23 million. The Viet An Phu joint venture will invest in a new rural residential area in Hoa Thang commune Buon Ma Thuot city, with an investment capital of $51.15 million.

Besides granting approval decisions, Dak Lak has also signed memoranda of understanding with 78 projects worth over $38.46 billion. Notably, Xuan Thien Group is exploring the possibility of developing wind and solar power projects with a combined capacity of 5,000 MW in the locality. The group is also keen on a high-tech livestock complex combined with renewable energy, with an estimated investment capital of $7.38 billion.

VinEnergo has plans to research renewable energy initiatives with a total capacity of about 6 GW and valued at $4.67 billion. T&T Group eyes a mix-used urban area at the eastern gateway of Buon Ma Thuot and a green, smart, and ecological urban area in the western part of Tuy Hoa city. This is coupled with a renewable energy venture in the locality, with a total capital $4.41 billion.

In addition, the province signed an MoU with FLC Group regarding investments in urban real estate, tourism real estate, and renewable energy, with a total capital of $961.54 million. Meanwhile, BIN Corporation is keen on the infrastructure for the Hoa Thanh Industrial Park in the South Phu Yen Economic Zone and an AI data centre complex powered by renewable energy, with a total investment capital of nearly $2.09 billion.

After the merger with Phu Yen last year, Dak Lak has gained more space for development. The locality boasts a large land bank, abundant resources, and ample potential for developing agriculture, renewable energy, processing industries, logistics, and tourism. Under the master plan to 2030, with a vision towards 2050, the locality is envisioned as a regional hub for high-tech agriculture, processing industries, clean energy and services in the Central Highlands.

Japfa starts construction of chicken farm in Dak Lak Japfa Comfeed Vietnam has commenced construction of a farm in Dak Lak province that will produce quality livestock and supply refined agricultural products to Vietnam's central region.

Dak Lak unveils plans for 2025 Coffee Festival Dak Lak province is gearing up to host the ninth Buon Ma Thuot Coffee Festival 2025 under the theme “Buon Ma Thuot – The Destination of World Coffee”.

Trung Nguyen Legend expands coffee production in Dak Lak On June 25, Trung Nguyen Legend held the ground-breaking and construction commencement for its world-leading coffee factory in Dak Lak.

This was outlined by Ozasa Haruhiko, chief representative of the Japan External Trade Organisation (JETRO) in Hanoi at the Hanoi Capital Master Plan Announcement and Investment Promotion Conference 2026 organised on June 29.

Haruhiko highlighted a survey conducted by JETRO among Japanese businesses operating in Asia and Oceania, of which 67.5 per cent of Japanese businesses in Vietnam forecast profitability in 2026. This is the highest percentage since 2009 and reflects a significant improvement in the investment environment as well as the growth prospects of the Vietnamese economy.

Even more noteworthy is that 56.9 per cent of Japanese businesses operating in the country plan to expand production and business within the next one to two years, placing Vietnam at the top of ASEAN for the second consecutive year in terms of the percentage of businesses planning to expand investment.

“Hanoi is emerging as a locality with many advantages to capitalise on this shift. The Politburo's issuance of Resolution No.02-NQ/TW on building and developing Hanoi in the new era, along with the National Assembly's approval of the Capital City Law in 2026 and the Hanoi Capital City Master Plan with a 100-year vision, has opened up a new development space for the city,” he said.

Representatives from JETRO said they appreciated Hanoi's long-term development orientation, especially the goal of building the capital into a regional centre for innovation, sci-tech, and international connectivity.

“Along with its inherent advantages in geographical location, human resource quality, and market size, Hanoi possesses many better conditions to engage foreign-invested projects in high-tech, innovation, smart manufacturing, and high-quality services. However, to transform this potential into actual investment capital, the city needs to continue improving its investment environment and enhancing its competitiveness,” he said. "I expect Hanoi to continue playing a bridging role between Vietnamese and foreign businesses, and to continue improving the investment environment to create even favourable conditions for the business community."

According to the JETRO representative, the Hanoi Capital City Master Plan with a 100-year vision has established a long-term development orientation. At the same time, the 2026 Capital City Law introduces a special mechanism to enable the city to be more proactive in mobilising resources, developing infrastructure, and improving the investment environment.

“These are important factors that help Hanoi enhance its competitiveness in a context where international corporations increasingly value stability, predictability, and the effectiveness of local government implementation,” Haruhiko said.

Many Japanese businesses have had a long-standing presence and development in Hanoi. One prime example is the Sumitomo Group, which has invested in and developed Thang Long Industrial Park since 1997. To date, the project has attracted approximately $3 billion in cumulative investment and created around 60,000 jobs.

Hanoi teams up with UOB to upgrade FDI quality A new agreement between UOB Vietnam and Hanoi Department of Finance aims to channel high-grade foreign investment into priority sectors, while also opening regional doors for local enterprises.

Hanoi partners with five banks to raise up to nearly $8 billion through bond issuance Hanoi has signed MoUs with five big commercial banks to support the issuance of local government bonds, with plans to raise between $6-7.8 billion during 2027-2030 to finance key infrastructure projects, particularly the capital's urban railway network.

Hanoi announces 276 priority investment projects On June 29, the Hanoi Capital Master Plan Announcement and Investment Promotion Conference 2026 took place. The city pledged to strengthen governance reforms and create a transparent, stable and predictable investment environment to support sustainable, long-term business growth.

Vietnam Water Week returns to Hanoi with expanded exhibition space Vietnam Water Week returns to Hanoi this September with an expanded exhibition space and a record number of international participants, reinforcing its status as a key gathering for the sector.

Minister Vu Hai Quan meets with World Bank country director Mariam J. Sherma. Photo: MST

Minister Quan said Vietnam is implementing key tasks to realise Resolution 57, including developing a national laboratory system, enhancing research capacity, and encouraging technology transfer.

Based on World Bank proposals, the minister suggested strengthening cooperation in several areas: enhancing national research infrastructure capacity; improving governance models and operating regulations for key and shared laboratories; coordinating platforms to bring technology from lab to market, linking research institutes, universities, businesses, and startups in priority fields such as biotechnology, new materials, and semiconductors.

He also proposed collaborating on financial mechanism models, learning from international experience on the National Venture Capital Fund, with a focus on co-investment, risk management, and divestment, while strengthening high-tech human resource development and attracting experts to lead national laboratories and research centres.

Sherma said the World Bank wishes to continue its partnership with Vietnam through technical assistance, sharing international experience, connecting the private sector, and researching appropriate financial instruments. She added that cooperation in talent, research infrastructure, business connectivity, and innovation finance can complement each other, contributing to Vietnam's sci-tech development goals.

Both sides agreed to continue technical exchanges and identify potential areas for concrete cooperation between the Ministry of Science and Technology (MST) and the World Bank.

The MST is further strengthening international cooperation. At a reception for Japanese Ambassador Ito Naoki on June 26, Minister Vu Hai Quan said Vietnam and Japan need to build sci-tech cooperation programmes based on mutual benefit, shared responsibility, and long-term substantive outcomes.

On AI, Open RAN, and 5G, the minister said security and safety are Vietnam's top priorities. Welcoming initial cooperation between Vietnamese telecom carriers MobiFone and VNPT with Japanese enterprises, he confirmed the ministry supports projects that bring mutual benefits.

On National Innovation Day 2026, the ministry will formulate a concrete plan and discuss Japanese business participation. The minister highlighted the event's core message of, "Two nations, but one shared spirit of entrepreneurship and innovation."

For the Vietnam-Japan Joint Research Programme, the minister said he hopes projects will secure business participation, prioritise quality, target large-scale long-term initiatives, and generate products with high practical applicability.

On the Young Talent Exchange Programme, he stated the ministry will support its implementation and create new advantages for principal investigators under the NEXUS Programme to participate in exchanges and inspire young scientists.

For the Vietnam-Japan Seminar on Semiconductors, the minister proposed that the ministry chair a panel discussion to help foster connectivity between enterprises in the two countries in this strategic technology sector.

Ambassador Naoki said he appreciated Minister Quan's proposals and expressed Japan's desire to further expand cooperation with Vietnam. He said Japan hopes to strengthen business participation in joint research programmes and scientific exchanges, while expressing hope for continued close coordination and support from the Vietnamese side.

On June 23, a delegation from the MST led by Deputy Minister Pham Duc Long visited Croatian Post to study international experience in universal postal service delivery as part of efforts to gather practices for drafting the revised Law on Post. The two sides exchanged experience on universal postal services and state support, with the Croatian side noting that the government provides annual financial support equivalent to approximately 10 per cent of Croatian Post's total revenue.

Earlier in May, the ministry's delegation also held discussions with Thailand and Singapore on strengthening cooperation in digital economy, AI and innovation.

Vietnam’s Ministry of Science and Technology and OECD strengthen cooperation Vietnam’s Ministry of Science and Technology, and the Organisation for Economic Cooperation and Development will strengthen cooperation in innovation, data, and preparations for APEC Year 2027.

Prime Minister: Science and technology, and digital transformation must serve economic development Prime Minister Le Minh Hung has emphasised that sci-tech and digital transformation must directly serve socioeconomic development, becoming a driving force for double-digit economic growth, improving productivity, quality, and national self-reliance.

Vietnam’s Ministry of Science and Technology studies Croatia’s experience in universal postal service delivery A Vietnamese delegation has studied international postal service experience in Croatia to support the drafting of the amended Postal Law.

AIG further improved its net profit margin to 6.9 per cent, underscoring the group's continued focus on operational efficiency and sustainable profitability.

Building on this performance, AIG further strengthened its market position among the business community and investors in 2025. The group was recognised among Vietnam's Top 50 private enterprises with the largest tax contributions in the 2025 PRIVATE 100 ranking published by CafeF, named among Forbes Vietnam's Top 25 Leading Brands 2025, and ranked among the Top 60 largest private enterprises in Vietnam in the VNR500 ranking.

AIG was named one of Forbes Vietnam's Top 25 Leading Brands 2025 in manufacturing and services

At the meeting, shareholders also approved a number of key resolutions on AIG's 2026 business plan and its medium- and long-term development strategy. Under the approved plan, the group targets consolidated net revenue of VND16.8 trillion ($647 million) in 2026, up 8.7 per cent on-year, while consolidated net profit after tax is projected to reach VND1.26 trillion ($48.5 million), representing annual growth of just under 19 per cent.

If achieved, this would mark the highest annual profit in the group's history. Shareholders also reaffirmed AIG's long-term strategic vision of becoming a globally recognised group, identifying it as a key objective for the company's next phase of development.

According to the Board of Directors, the strong growth recorded in 2025 and the ambitious targets set for 2026 represent the initial outcomes of AIG's long-term restructuring and investment strategy, aimed at transforming the group into a globally recognised enterprise. The strategy centres on two core business pillars: Life Science Solutions and Natural Ingredients.

In the natural ingredients segment, AIG is focusing on developing naturally sourced, value-added ingredients through deep processing to meet the growing global demand for sustainable, clean, and environmentally friendly products. The group continues to invest in research and development to expand its portfolio of deeply processed agricultural ingredients under a 'green, clean, and healthy' product strategy, while ensuring compliance with the stringent standards of international export markets.

AIG currently operates an ecosystem of more than eight subsidiaries, managing modern deep-processing manufacturing facilities across key agricultural production regions throughout Vietnam. The group supplies ingredients to a wide range of industries domestically, while exporting to more than 50 countries and territories.

On May 11, AIG broke ground on the Asia Coconut Processing Plant II (ACPII), a project with total investment of nearly VND630 billion ($24.2 million). The facility will feature three major production lines: a UHT sterilisation line supplied by Tetra Pak with an annual capacity of 48,000 tonnes; a frozen coconut milk production line with annual capacity of 16,000 tonnes; and two desiccated coconut production lines with combined annual capacity of 2,400 tonnes.

Scheduled to commence operations in the first quarter of 2027, ACP II will enable AIG to establish Vietnam's largest coconut processing complex. The group will supply global markets with a diversified portfolio of coconut-based products, including packaged coconut water, desiccated coconut, coconut milk powder, coconut cream, and coconut oil.

At the same time, AIG is expanding its Life Science Solutions business, providing integrated solutions tailored to evolving market demands and global consumer trends across the food, confectionery, beverage, and home and personal care industries. This business segment has become a key competitive advantage, enhancing both the group's value proposition and profit margins.

AIG's products and ingredient solutions continue to earn strong recognition from customers and international partners

AIG is a strategic supplier of natural ingredients and integrated ingredient solutions to many of the world's leading corporations and brands, including Marubeni, COFCO Biotechnology, DSM-Firmenich, James Farrell, AAK, Tate & Lyle, PanTheryx, Givaudan, Darigold, and Ingredion.

Backed by nearly 25 years of sustained growth and continuous innovation, AIG has steadily strengthened its market leadership while pursuing sustainable development. The group is progressively advancing its vision of becoming a globally recognised provider of ingredient solutions and life science solutions, while contributing to Vietnam's ambition of becoming a global hub for the processing and supply of high-quality agricultural products.

Asia Ingredients Group breaks ground on coconut processing plant On May 11, Asia Ingredients Group officially broke ground on the Asia Coconut Processing Plant II at Long Phuoc Industrial Cluster in Vinh Long province.

AIG reinforces leading position through global expansion efforts Following the groundbreaking of its Asia Coconut Processing Plant II in May, Asia Ingredients Group participated in THAIFEX-Anuga Asia 2026, highlighting the company’s growth momentum and ambitions to strengthen its global brand.

Asia Ingredients Group (AIG) strengthens its international brand position Asia Ingredients Group has hosted a high-level delegation from COFCO Biotechnology to explore expanding their long-standing strategic partnership.

The offering consists of the sale of 12,000,000 Class A ordinary shares (each, an "Ordinary Share") and/or pre-funded warrants to purchase Ordinary Shares (each, a "Pre-Funded Warrant"). The public offering price per share is $0.25 (or $0.24999 for each Pre-Funded Warrant, which is equal to the offering price per Ordinary Share sold in the offering minus an exercise price of $0.00001 per Pre-Funded Warrant). The Pre-Funded Warrants are immediately exercisable and may be exercised at any time until exercised in full.

Aggregate gross proceeds to the Company are expected to be approximately $3.0 million. The transaction is expected to close on or about June 30, 2026, subject to the satisfaction of customary closing conditions. The Company expects to use the net proceeds from the offering, together with its existing cash, for general corporate purposes and working capital.

Solely to cover over-allotments, if any, the Company has granted Aegis Capital Corp. a 45-day option to purchase additional Ordinary Shares of up to 15.0% of the number of Ordinary Shares sold in the offering. The purchase price to be paid per additional Ordinary Share will be equal to the public offering price of one Ordinary Share, less the underwriting discount.

Aegis Capital Corp. is acting as the sole book-running manager for the offering. Kaufman & Canoles, P.C. is acting as U.S. counsel to the Company. Lucosky Brookman LLP is acting as U.S. counsel to Aegis Capital Corp.

The offering is being made pursuant to an effective shelf registration statement on Form F-3 (No. 333-280348) previously filed with the U.S. Securities and Exchange Commission (SEC) and declared effective by the SEC on June 27, 2024. A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC's website located at www.sec.gov. Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, when available, by contacting Aegis Capital Corp., Attention: Syndicate Department, 1345 Avenue of the Americas, 27th floor, New York, NY 10105, by email at syndicate@aegiscap.com, or by telephone at +1 (212) 813-1010.

Interested parties should read in their entirety the prospectus supplement and the accompanying prospectus and the other documents that the Company has filed with the SEC that are incorporated by reference in such prospectus supplement and the accompanying prospectus, which provide more information about the Company and such offering.

This press release shall not constitute an offer to sell or a 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.

For further information about the Company, please visit: https://www.farmmi.com.

In healthcare, the Foundation's core area of philanthropy, the most notable project is the Shanghai Sixth People's Hospital, Fujian Hospital (HEMIN Campus). Construction has now been completed, and the hospital is expected to become operational by the end of 2026. Fully funded through a RMB 2 billion endowment from the ANTA founding family, the non-profit public Grade A tertiary hospital is located in Chendai Town, Jinjiang City. As a National Regional Medical Center specializing in orthopedics and trauma care, it is expected to serve not only Fujian Province but also countries and regions participating in the Belt and Road Initiative.

In education, the Foundation supports scholarships, teaching excellence, and student assistance programs. To date, it has helped more than 1,500 university students pursue higher education and distributed over RMB 30 million in educational grants. In sports philanthropy, it has supported 534 elite athletes nationwide in returning to competition following injury rehabilitation.

In community care, the Foundation has distributed elderly welfare grants for 18 consecutive years, with cumulative support exceeding RMB 60 million. It has also funded the construction of the "Jinjiang Blue Ribbon Care Center", which provides systematic support services for families of children with autism in Jinjiang.

In recognition of its outstanding performance in project management, professional capabilities, and public credibility, the Hemin Foundation was awarded the highest designation of a "5A Social Organization" in December 2025.

Two Lenses for Cinematic Versatility Near and Far

The Osmo Pocket 4P features dual-lens that effortlessly achieves cinematic visual effects - from wide-angle cityscapes to delicate portraits. The primary wide-angle lens is equipped with an all-new 1-inch CMOS (20mm format equivalent and f/2.0 aperture). Powered by cutting-edge LOFIC technology, it delivers an unprecedented 17 stops of dynamic range^[1] and supports up to 4K/240 fps^[1]. video. More typically found in high-end cinema cameras, these professional filmmaking capabilities can effortlessly handle high-contrast scenes like city nightscapes, sunsets, and backlit portraits. Meanwhile, a new high-resolution and large-aperture 60mm med-tele lens delivers the classic focal length for standout portraits. It supports 3× optical zoom and up to 12× zoom^[1]. The f/1.8 large aperture (f/6.3 equivalent depth of field) strongly compresses the background, pulling it closer to the subject for a blurred effect. Combined with camera movements, this creates highly impactful, cinematic visuals.

Elevating Heights in Imaging, New Sparks of Inspiration

For high-speed action, the Osmo Pocket 4P can capture up to 8x ultra-HD slow motion^[1] footage at 4K/240 fps, giving the effect that time has slowed down for dynamic moments like spinning subjects, flowing hair, or falling snow in mesmerizing detail. Alternatively, the Slow Shutter Video can be used to trace flowing light, creating a motion blur or capturing movement trails and the passage of time for a truly unique visual narrative. The integration of the new 10-bit D-Log 2^[1] color profile, paired with 17 stops of dynamic range^[1], preserves unparalleled highlight and shadow details – on par with premium cinema cameras. With a 10-bit color depth capturing over one billion colors, tonal transitions stay exceptionally smooth, maximizing flexibility for post-production color grading.

Intelligent Shooting, Unshakable Stability

The Osmo Pocket 4P is built upon DJI's illustrious legacy in professional cinematography, including the groundbreaking Ronin stabilization system - recognized by both the Academy of Motion Picture Arts and Sciences and the Television Academy. Housed within a remarkably compact 230 g body, its advanced 3-axis mechanical gimbal ensures footage remains impeccably smooth and steady. The upgraded ActiveTrack 8.0^[1] keeps subjects – whether people, vehicles, pets or dynamically shaped objects – firmly centered in the frame, even at 12x Zoom. It intuitively prioritizes a registered subject or centers multiple subjects at any focal length using auto framing.

Capture at Will, Share on the Go
Building on the enhanced user experience introduced with the standard version, the Osmo Pocket 4P features several intuitive features designed to streamline the creative process, including:

• Instant Recording: Rotate the touchscreen to power on and start recording quickly.
• Gesture Control: Flash an open palm to trigger ActiveTrack or flash a "V" sign to start recording.
• 4K Live Photo[1]: Capture memories in motion by automatically recording 1.5-second clips for every photo in 4K detail.
• 37MP High-Res Photo: Snap up to 37MP photos with crystal-clear details that can be reframed during post production.
• 800 MB/s High-speed Transfer[1]: USB 3.1 support enables wired transfer speeds up to 800 MB/s[1] for near-instant export and a more efficient workflow.
• Extended Runtime & Fast Charging: Recharge from 0 to 80% in just 18 minutes[1] for up to three hours of shooting. When fully charged, it offers an impressive runtime of up to 210 minutes[1].

Compatible with Osmo Ecosystem
The Osmo Pocket 4P is compatible with a versatile lineup of Osmo ecosystem accessories, expanding the creative possibilities. These include the Osmo Pocket 4 Fill Light, Osmo Pocket 4P Black Mist Filter, Osmo Pocket 4P ND Filters Set, Osmo FrameTap, Osmo Pocket 4 Battery Handle, Osmo Pocket 4P Wide-Angle Lens, Osmo Mini Tripod, and various OsmoAudio microphones (each sold separately or included in select combos).

DJI Care Refresh

DJI Care Refresh, the comprehensive protection plan for DJI products, is now available for Osmo Pocket 4P. Accidental damage is covered by the replacement service, including natural wear, collisions, and water damage. For a small additional charge, you can have your damaged product replaced if an accident occurs.

DJI Care Refresh (1-Year Plan) includes up to 2 replacements in 1 year. DJI Care Refresh (2-Year Plan) includes up to 4 replacements in 2 years. Other DJI Care Refresh services include an official warranty, international warranty service, and free shipping. For a complete list of details, please visit: www.dji.com/support/service/djicare-refresh

For more information, please refer to: https://www.dji.com/osmo-pocket-4p

Images and assets can be found at this link: https://shorturl.asia/1vzqJ

Website: www.dji.com
Online Store: store.dji.com

The Global Offering comprised a total of 56,755,400 H Shares at an Offer Price of HK$22.60 per Offer Share, consisting of 5,675,600 H Shares under the Hong Kong Public Offering and 51,079,800 H Shares under the International Offering. Without taking into account any exercise of the Over-allotment Option (the "Greenshoe"), total gross proceeds amounted to approximately HK$1.283 billion (approximately US$164 million). If the Over-allotment Option (up to 8,513,300 H Shares) is exercised in full, the total gross proceeds will increase to approximately HK$1.475 billion (approximately US$189 million). After deducting offering expenses, the Company estimates that the net proceeds from the Global Offering will be approximately HK$1.181 billion.

Following the market open today, Alebund's shares show strong performance; as of the close, the share price rose 103.54%, closing at HK$46.0 per share.

The Global Offering attracted a strong line-up of cornerstone investors, including GIC, Loomis Sayles, RTW, SymBiosis, Tencent, Cormorant, Dymon Asia, GF Fund, China Universal, E Fund and Loyal Valley Capital, among other renowned institutions. The cornerstone investors subscribed for a total of approximately US$81.5 million (approximately HK$639 million), representing approximately 49.78% of the shares offered under the Global Offering. The International Offering was approximately 19.77 times oversubscribed, and the Hong Kong Public Offering was approximately 963.56 times oversubscribed, reflecting enthusiastic demand. The strong cornerstone line-up and robust market response fully demonstrate the global capital markets' high recognition of the scarcity value of Alebund's innovative renal pipeline, as well as their firm confidence in the Company's core value and long-term development potential.

A Broad and Well-Balanced Renal Innovation Pipeline

Alebund has built the industry's broadest pipeline in terms of kidney disease indication coverage:

• AP301 is a best-in-class oral phosphate binder for hyperphosphatemia in chronic kidney disease (CKD) patients on dialysis, with its registrational Phase III trial in China having met the primary endpoint, a New Drug Application (NDA) to the National Medical Products Administration (NMPA) planned for the near future, and its China-U.S. Phase III multi-regional clinical trial (MRCT) having completed enrollment.
• AP306 is a first-in-class pan-phosphate transporter inhibitor that has received Breakthrough Therapy Designation (BTD) from the NMPA and whose rights outside Chinese Mainland, Hong Kong, Macau and Taiwan have been licensed to R1 Therapeutics. China Phase II data demonstrated monotherapy reducing mean serum phosphate by 2.51 mg/dL from baseline and approximately 95% of patients achieving serum phosphate below 5.5 mg/dL by Week 7-8 (versus approximately 50% for the active control, sevelamer carbonate, in the same trial).
• AP303 is a first-in-class, differentiated dual PPAR agonist designed to delay or halt the progression of CKD across potential indications including diabetic kidney disease (DKD) and IgA nephropathy (IgAN), and has received Orphan Drug Designation (ODD) for Autosomal Dominant Polycystic Kidney Disease (ADPKD) from the U.S. FDA. In the completed Phase I trials in Australia and China, AP303 demonstrated favorable safety and was well tolerated in healthy volunteers as well as in patients with DKD, and there was a clear and robust dose-dependent pharmacodynamic ("PD") signal. Alebund has received IND clearance from the NMPA and the FDA for AP303, and expects to conduct a basket Phase II clinical trial in DKD and IgAN patients in the second half of 2026.
• AP308 is a first-in-class engineered recombinant IgA protease aiming for a functional cure of IgAN. The Company plans to submit an IND to the U.S. FDA and China's NMPA in the third quarter of 2026 and to enter the clinical development stage.
• The Company's commercialized renal anemia product Mircera®, a long-acting ESA (erythropoiesis-stimulating agent), continues to gain traction, marking Alebund's accelerating transition from biotech to biopharma.

Focusing on the "Silent Majority" and Addressing Vast Unmet Needs

Kidney disease is a long-underestimated field with vast unmet clinical needs. There are more than 800 million people living with chronic kidney disease worldwide, including nearly 124 million patients in China. Taking hyperphosphatemia as an example, approximately 76% of dialysis patients in China have uncontrolled serum phosphate levels — far higher than in the United States (52%) and Japan (39%) — reflecting a treatment need that is real, long-term and structural. Alebund firmly focuses on kidney disease, the "silent majority," committed to providing higher-quality and more accessible treatment options for kidney disease patients worldwide.

Messages from Management

Dr. Gavin Xia, Co-founder, Chief Executive Officer and Chairman of the Board of Alebund, said: "Listing on the Main Board of The Stock Exchange of Hong Kong Limited is an important milestone in Alebund's journey. Alebund's rapid growth and successful listing on the Hong Kong Stock Exchange would not have been possible without the relentless efforts of our team, nor without the support of government authorities at all levels, our investors, and partners across all sectors. From this new starting point, Alebund will continue to accelerate the clinical and commercialization progress of its product pipeline, further upgrade its globally competitive integrated kidney disease platform, reward shareholders and partners with even stronger performance, and safeguard patients worldwide with higher-quality kidney disease treatment solutions."

Dr. Jin Tian, Co-founder and Chief Medical Officer of Alebund, said: "Alebund is dedicated to overcoming the persistent therapeutic challenges associated with chronic kidney disease and has established a highly differentiated and innovative product pipeline. Our lead asset, AP301, has successfully completed a Phase III registrational trial in China and is on track for New Drug Application (NDA) submission, which we expect to provide a better option for the management of hyperphosphatemia in patients receiving dialysis. In parallel, we are rapidly advancing the clinical development of our follow-up pipeline candidates, striving to bring next-generation therapies to patients with renal disease as quickly as possible."

Company website: www.alebund.com

Following X-World, X-Foresight, and X-Cache, XPENG introduced X-Mind, a Predictive World Model framework that enables vehicles to simulate future scenarios before making decisions. Through a Visual Chain-of-Thought (Visual CoT), X-Mind allows autonomous systems to reason proactively, improving safety and delivering more human-like driving performance.

Unlike traditional perception-to-action systems that react to current conditions, X-Mind enables vehicles to anticipate future traffic changes through internal simulation. Its three core technologies include:

Thought Sketch, which creates an efficient cognitive representation combining Bird's-Eye-View (BEV) layouts and driving priors, preserving key elements such as road structures, obstacles, traffic lights, and navigation intentions while reducing computational complexity.

Recurrent Block Diffusion (RBD), which enables high-quality future scene generation within a single forward pass, overcoming latency challenges of conventional diffusion methods and balancing advanced reasoning with real-time deployment.

Visual CoT visualization, which reveals how the model predicts obstacle movements, lane connectivity, and future traffic conditions before generating driving decisions, improving transparency and system validation.

Trained on hundreds of millions of real-world driving data frames, X-Mind demonstrates improved trajectory prediction accuracy, enhanced performance in complex long-tail scenarios, and ultra-low inference latency suitable for automotive-grade chips.

Together with X-World and X-Foresight, X-Mind completes XPENG's Physical AI foundational model roadmap, enabling vehicles to understand not only how to act, but how the world evolves after each action.

For more information: https://www.xpeng.com/

Canada is breaking new ground as the first non-European country to participate in the Security Action For Europe (SAFE) initiative, designed to increase the EU's sovereign defense capabilities and reflecting the shared ambition of both parties to deepen their defence ties and strengthen joint security cooperation.

The agreement is a significant milestone for the Croatian drone developer, marking the first deployment of its new Defense Transformation Platform, designed to help countries build sovereign drone ecosystems. It will deliver strong growth and value for Canada, starting with an initial investment of $20M CAD to fund the expansion of RRS production facilities.

The deal itself is worth an estimated $150M CAD over the next five years, and will create up to 100 new high value technology jobs in Ottawa and Toronto by Q4 2027. The partners confidently expect to scale to 1000 systems per month by mid 2027, with a target of 10,000 per month over the course of the agreement.

Ivan Jelusic, CCO at Orqa, said, "This MoU will formalize the strategic framework for cooperation between RRS and Orqa to co-develop, manufacture, and commercialize advanced defence technologies. The specific focus is on uncrewed systems, counter-drone capabilities, and AI integration. RRS is the leading supplier of these systems to the armed forces and first responders in Canada, making them our ideal partner. We are committed to helping our allies create sovereign defence capabilities and this partnership is another step forward towards that goal."

Kevin Toderel, CEO of RRS, added, "Orqa is the global leader in sUAS systems. We are proud to be able to build these systems in Canada and work with Orqa to increase capabilities and act as a supply chain and software development partner, bringing Canadian IP to the world. Our aim is to build Canadian capability and capacity for sUAS systems, ensuring Canada has ready access to this essential strategic resource now and in the future."

The collaboration agreement defines four core areas:

1. Technology Transfer & Production Licensing: Orqa will facilitate the transfer of relevant technology and grant production licenses to RRS to enable localized Canadian manufacturing.
2. Force & Capability Development: Joint development of solutions tailored to meet the evolving operational requirements of Canada's armed forces, first responders and allied NATO partners.
3. AI Implementation: Collaboration on the research, development, and integration of RRS's sovereign AI capabilities onto mutually developed and manufactured platforms.
4. Hub Establishment: Developing RRS's facilities as Orqa's second North American manufacturing hub and primary export launchpad into the continent's broader defence and commercial market.

The interim report for the second quarter 2026 will be published on July 29, 2026, at approximately 07.00 CEST.

Supplement to the rights issue prospectus

As a consequence of this announcement, Electrolux Group will prepare and publish a supplement to the rights issue prospectus that was published on May 28, 2026. The prospectus supplement will be published as soon as it has been approved by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen).

This is information that AB Electrolux is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 29-06-2026 20:00 CET.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/electrolux-group/r/electrolux-group-submits-claims-related-to-refund-of-ieepa-tariffs-of-approx--usd-88-million,c4368840

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The transaction will combine BMO's market-leading metals and mining franchise with one of Australia's premier equity distribution platforms and will create a truly integrated global capability for clients. Australia is among the most important centres for metals and mining capital formation worldwide, with a market comparable to Canada and growing influence across global markets. This strategic acquisition will enhance BMO's ability to serve clients where capital is forming, underscoring the importance of a scaled local presence.

"This is a defining step forward in strengthening our position as the leading metals and mining investment bank globally," said Carrie Cook, Global Head, Investment & Corporate Banking, BMO Capital Markets. "By combining our global distribution capabilities with deep local expertise in Australia, we are building a more connected platform that will enable clients to access capital and opportunities across markets. As capital formation continues to shift globally, our clients increasingly expect seamless access to investors and opportunities across markets—and this transaction supports our ambition to be ahead of that evolution."

"This combination will bring together two highly complementary businesses to create a stronger and more competitive global platform," said Andrew McKenzie, Executive Chairman of Euroz Hartleys. "BMO provides immediate access to the leading global franchise in metals and mining and significantly expands our ability to connect Australian clients with international capital. We are excited to be part of a team that is setting the standard for the sector globally."

Since 2004, BMO has had a presence in Australia, with an office in Melbourne. At closing, approximately 40 Euroz Hartleys Group team members are expected to join BMO Capital Markets, further strengthening its regional and global capabilities. Together, the combined team will operate as an integrated global platform, enhancing connectivity across North American, European and Australian markets.

In connection with the transaction, BMO Capital Markets acted as BMO's exclusive financial advisor. DLA Piper and Osler, Hoskin & Harcourt LLP acted as legal counsel to BMO. Grant Samuel acted as financial advisor and Steinepreis Paganin acted as legal counsel to Euroz Hartleys Group.

The financing brings together a diverse group of strategic and financial investors, including leading technology companies, industrial partners and venture capital firms. IDG participated in the Series C round, while HongShan and Xiaomi have backed the company in multiple previous rounds. Combined with earlier lead investments from Meituan, Alibaba, ByteDance and Xiaomi, X Square Robot has become the only embodied AI company in China to secure lead-round backing at different stages from four of the country's leading technology companies.

"Since day one, X Square Robot has focused on in-house development of foundation models, pursuing a challenging but necessary path," said Wang Qian, founder and CEO of X Square Robot. "Today, our investments in embodied AI models, scalable, model-driven high-quality data pipeline system and real-world deployment are beginning to deliver clear results."

The company said it will use the funding to further invest in core technologies and foundational research in embodied intelligence, advancing toward general-purpose embodied AI that bridges the physical world and ultimately serves humanity.

Founded in 2023, X Square Robot develops end-to-end embodied AI systems that combine foundation models, robotics hardware and proprietary data pipeline system. Rather than relying on traditional rule-based automation, the company's approach enables robots to adapt to changing environments and generalize across a wide range of tasks.

Building a Full-Stack Embodied AI System

X Square Robot is building a full-stack embodied AI system that combines foundation models, robotics hardware, proprietary model-driven high-quality data pipeline system and real-world deployment. At its core is a general-purpose embodied AI model designed to enable robots to perceive, reason and act in complex physical environments.

In April 2026, the company introduced WALL-B, an embodied AI foundation model built on its World Unified Model architecture. Unlike modular VLA approaches that connect separate vision, language and action components, WALL-B trains perception, language, action and physical prediction within a unified network, enabling stronger multimodal understanding, spatial reasoning and continual learning from real-world interactions.

The company has also open-sourced WALL-OSS-0.5 and WALL-WM, extending its unified approach to robot manipulation and world modeling. WALL-OSS-0.5 achieved over 80% autonomous completion on four of 17 real-robot tasks without post-training, while WALL-WM introduces event-level prediction by aligning language, vision and action data around meaningful events, enabling stronger cross-modal learning and physical-world prediction across reasoning, manipulation and generalization tasks.

To accelerate model development, X Square Robot has built a scalable, model-driven data pipeline spanning automated data collection, cleaning, annotation, quality control and augmentation. Combined with real-world deployment, the system enables rapid model iteration while creating high-quality datasets for complex and long-tail scenarios.

Real-World Deployments Already Underway

X Square Robot is deploying its model and hardware stack across household, industrial, and logistics scenarios. Among these, household settings represent one of the most complex and important testbeds for real-world deployment.

In this area, the company has partnered with 58.com to launch an AI-powered cleaning service in Shenzhen and Beijing, where robots work alongside human cleaners in real residential environments. Since May, X Square Robot has also launched the "X Family Member Program," where robots live with users' families for up to one month as household companions, responding to a broader range of everyday needs. Together, these initiatives bring embodied robots beyond staged demos and into real homes and everyday life.

The company believes these real-world deployments create a continuous feedback loop in which operational data improves model performance, helping accelerate progress toward general-purpose embodied intelligence.

"As AI moves beyond digital experiences into the physical world, progress will depend on close integration between models, data and robotics," Wang said. "We're building that foundation so embodied AI can become part of everyday life."

To learn more, visit https://x2robot.com/en.

The acquisition will be one of the most transformative deals in the space industry, joining together two innovative American companies to play a leading role in the U.S. space economy. It merges Rocket Lab's leading launch capabilities and satellite manufacturing with Iridium's global satellite communications network, spectrum, and 500-plus strong partner ecosystem to create a competitive, vertically-integrated space company that designs, builds, launches, and operates its own constellations, delivering critical communications capability to millions of users worldwide.

The transaction will give Rocket Lab an immediate foothold in space-based applications, including both proprietary and standards-based satellite Internet of Things (IoT) and direct-to-device (D2D), PNT, and critical safety-of-life services, creating a formidable challenger in the global telecom market. Rather than simply continuing the Iridium network, Rocket Lab will build upon it to scale into untapped markets and pioneer new space-based services to the benefit of global customers.

Iridium's globally harmonized L-band spectrum and low Earth orbit (LEO) satellite network provide a secure, resilient foundation for reliable satellite communications and PNT services across government, defense, aviation, maritime, and commercial markets. Supporting more than 2.55 million active subscribers worldwide, Iridium delivers highly reliable, weather-resilient connectivity and an alternative PNT architecture for applications where Global Positioning Systema (GPS) and other Global Navigation Satellite Systema (GNSS) are degraded or unavailable. Combining Rocket Lab's launch, spacecraft manufacturing, and space systems expertise with Iridium's global network and L-band spectrum will accelerate innovation, positioning the combined company to support the development and deployment of Iridium's next-generation constellation. This includes direct-to-device (D2D/Iridium NTN DirectSM) services, which will grow into an important new capability for U.S. national security and emergency response, helping to ensure reliable, resilient communications when and where they are needed most, particularly where traditional networks are unavailable or compromised.

"This is a defining moment for the space industry and the start of a new era of strategic, accelerated growth for Rocket Lab and Iridium," said Sir Peter Beck, founder and CEO of Rocket Lab. "Iridium has built the gold standard in secure, safety critical global satellite connectivity. It is relied upon by maritime fleets, the aviation industry, governments, and heavy industrial organizations who operate in the most remote off-the-grid locations. By marrying Iridium's deep heritage, trusted infrastructure, and highly sought-after spectrum with Rocket Lab's extensive and proven launch and manufacturing capabilities, we have the capability to unlock entirely new markets. We will go far beyond maintaining a legacy; we are going to build upon it to pioneer next-generation space applications and deliver sought-after capabilities to existing and new customers."

"As the worlds of space and terrestrial communications continue to converge, more critical services will depend on space-based capabilities," said Matt Desch, CEO, Iridium. "Success will come from those who can bring new innovations to space quickly and sustain them over time as efficiently as possible. We're excited about being able to accelerate the next generation of IoT, aviation, maritime, PNT, and national security capabilities, and pursue new innovative applications as part of Rocket Lab - a fully integrated, end-to-end space company. That's an incredible opportunity for our customers, partners, employees, and stockholders."

Transaction Highlights:

• Strengthens Rocket Lab's Strategic Vertical Integration: Creates an end-to-end space company spanning launch, spacecraft, spectrum, and on-orbit communications services through a proprietary network. Expected to eliminate third-party launch costs for constellation deployment and replenishment and captures launch margin internally while guaranteeing orbital access as launch capacity tightens, ensuring continuity of service to customers.
• Unlocks Entry to Space Applications Market: Provides Rocket Lab with immediate access to a proven constellation of LEO satellites and an established global communications customer base, realizing the company's long-term strategic vision to expand beyond launch services and spacecraft manufacturing into a vertically-integrated space applications company with recurring revenue from satellite services.
• Provides Access to Globally-Coordinated Spectrum: Adds globally-coordinated L-band spectrum that enables reliable user communications.
• Unifies Two Trusted Government Partners: The transaction combines two deeply trusted, long-standing defense partners, combining their specialized strengths to deliver highly resilient, next-generation capabilities directly to the warfighter across denied, degraded, and disadvantaged environments.
• Accelerates Growth and New Market Opportunities: Positions the combined entity to deliver next-generation satellite communications, resilient PNT, and emerging defense and commercial space services.
• Diversifies Financial Profile with Recurring Cash Flow Streams: In 2025, Iridium delivered $871.7M revenue1, $495M OEBITDA1 or 57% OEBITDA margin1, providing substantial recurring cash flow to fund growth.

Transaction Details
Under the terms of the transaction, Iridium stockholders will receive $27.00 in cash and a number of shares of Rocket Lab common stock calculated pursuant to an exchange ratio (subject to a collar) for each share of Iridium common stock outstanding at the closing. The collar is banded from $67.50 to $112.50. The transaction has a notional value of $54.00 per share of Iridium common stock, implying an enterprise value for Iridium of approximately $8.0 billion.

Complete details on the calculation of the exchange ratio will be in the transaction agreement, which will be filed with the Securities and Exchange Commission.

The transaction is expected to be completed in mid-2027, subject to the satisfaction of customary closing conditions, including approval of Iridium stockholders and required regulatory approvals.

The transaction has been unanimously approved by the boards of directors of Iridium and Rocket Lab. Moreover, each director of Iridium holding shares of Iridium common stock has entered into a voting agreement to support the transaction.

As part of the transaction, Rocket Lab has received commitments for a $3.6 billion 364-day senior secured bridge term loan facility from Deutsche Bank and Wells Fargo. Rocket Lab intends to fund the cash component of the transaction through a combination of cash from its balance sheet and other debt and equity financing sources.

Advisors

Deutsche Bank Securities is serving as lead financial advisor and Wells Fargo and PJT Partners as financial advisors, Wilson Sonsini Goodrich & Rosati, P.C. is serving as legal counsel, Goodwin Procter LLP as financing counsel and DLA Piper LLP as regulatory counsel to Rocket Lab. Evercore is serving as exclusive financial advisor, Davis Polk & Wardwell LLP is serving as legal counsel, Wilkinson Barker Knauer LLP is serving as regulatory counsel, and Joele Frank, Wilkinson Brimmer Katcher is serving as strategic communications advisor to Iridium.

Investor Presentation
An investor presentation discussing the transaction is hosted on Rocket Lab's investor relations website at https://investors.rocketlabcorp.com/

Vinh Long boasts a 130-km coastline stretching along nine major river estuaries that flow into the East Sea. This creates an ideal condition for the development of different kinds of renewable energy, especially wind and solar power. The province’s average wind speed and solar radiation are among the high levels in the region. With such advantages, Vinh Long has attracted numerous local and foreign investors.

Vinh Long is leveraging its advantages for socioeconomic development

According to the provincial Department of Industry and Trade, as of the end of March, the province has 15 wind power ventures in commercial operation with a total capacity of 650MW, including 13 ventures fully operational and two initiatives partially operational.

In 2025, the wind power plants maintain stable operation, reaching about 95 per cent of their designed capacity. In 2025 alone, the total power generation and supply to the grid amounted to 1.521 billion kWh, contributing $11.54 million in VAT to the state budget.

Vinh Long continues to accelerate the development of new ventures. Over 1,200MW of wind power capacity is undergoing legal procedures and construction in line with the planning. By 2030, Vinh Long aims to develop nearshore wind power initiatives with a total capacity of 2,280MW. In the 2030-2035 period, it will have five more ventures with a total capacity of 788MW.

In addition, several large-scale offshore wind power projects are under study and open for investment, creating long-term growth opportunities for the local energy sector.

Alongside energy, Vinh Long also pays attention to logistics infrastructure and marine transport to reduce logistics costs for the locality and the Mekong Delta region. Investment is being directed towards a seaport network capable of handling vessels of up to 50,000 DWT, notably the Tra Cu Port and Dinh An Port. Combined with international shipping lanes through the Tra Vinh canal, the province is forming a modern production-service-logistics chain, enhancing the competitiveness of export goods.

Nguyen Quynh Thien, Vice Chairman of the provincial People’s Committee, said, “Vinh Long will leverage its advantages for coastal socioeconomic development. Simultaneously, the province will implement suitable plans in line with the government’s development orientation of energy, logistics, and coastal services, especially renewable energy.”

Another key venture is Dinh An Economic Zone, under the master plan to 2040, the zone will be expanded through land reclamation and the boundaries of the surrounding area. It is a multi-sector economic zone, with key sectors including industry, commerce, services, tourism, coastal urban development, and agriculture, forestry, and fisheries linked to renewable energy development. The zone is being envisioned as a free economic zone, serving as a gateway for international maritime trade.

Under the new planning, Vinh Long will leverage its maritime and coastal advantages to develop key marine industries, including seaports, logistics, renewable energy, tourism, and marine services. The locality is gradually building a network of seaports, regional warehousing facilities, and modern logistics centres to strengthen interregional connectivity and expand trade opportunities.

At the same time, the locality is accelerating the development of nearshore and offshore wind power ventures, along with other forms of coastal renewable energy, with the aim of becoming a regional hub for clean energy production.

Furthermore, efforts are made to develop coastal tourism, coastal urban areas, and a port-logistics-maritime tourism services linked to environmental protection and climate change adaptation. Focus is given to improving the quality of its human resources to meet the requirements of the marine economy, logistics, energy, and marine services. The province will also capitalise on its strategic position at the heart of the region and the transport network linking Ho Chi Minh City, Can Tho, and Vinh Long in the years ahead.

Vinh Long promotes reputable Khmer individuals" role in fostering consensus ahead of general election Through community gatherings, religious activities at local pagodas, household visits and hamlet meetings, monks, dignitaries, elders, hamlet Party cell secretaries and Party members have conducted bilingual communications in Vietnamese and Khmer, helping residents better understand legal provisions and avoid misinformation.

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.

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

Designed to be larger and more immersive than ever before, Siam Paragon Bangkok Watch Week 2026 will feature thought-provoking discussions on watchmaking culture, exclusive exhibitions, special showcases, and experiential activities. The event will also be elevated through an exclusive collaboration with the Fondation de la Haute Horlogerie (FHH), the world's leading organization dedicated to promoting watchmaking culture, which will present a highly anticipated edition of "The Symposium." The event is expected to attract more than 400 international watch collectors and over 40,000 visitors throughout its six-day run, further reinforcing Bangkok's as an emerging center of watch culture in Southeast Asia.

Building on the success of a landmark debut,the inaugural Siam Paragon Bangkok Watch Week 2025 marked a historic moment for the luxury watch industry in Southeast Asia, receiving an overwhelmingly positive response from leading global brands, collectors, and horology enthusiasts.The event generated a remarkable 92% increase in luxury watch sales during the exhibition period compared with the same period of the previous year. More than 20,000 visitors attended the event, including over 200 international collectors, and generated over 300 million media impressions.These achievements underscored Thailand's growing significance as one of Asia's most promising luxury markets and laid a strong foundation for the event's continued expansion.

This year, Siam Paragon is poised to elevate the platform even further in terms of scale, brand participation and international partnerships. The number of participating brands has grown from 30 in its inaugural year to more than 45 in 2026, encompassing some of the world's most prestigious maisons, independent watchmakers, and leading names in haute horlogerie. With an anticipated attendance of over 400 international collectors and 40,000 visitors across six days, from 22–27 September 2026, the event's overarching ambition is to position Bangkok as Asia's emerging watch culture hub and secure its place among the world's most important watchmaking events.

Thanaporn Tantiyanon, Managing Director of Siam Paragon, said: "The success of Siam Paragon Bangkok Watch Week reflects the confidence that leading watch brands has placed in Siam Piwat Group, as well as the growing potential of Thailand and Bangkok as a strategic destination for the global luxury watch industry. This year, we are delighted to witness even stronger participation from world-renowned brands, collectors, and international partners. One of the most significant milestones for Bangkok Watch Week is our collaboration with the Fondation de la Haute Horlogerie (FHH), an organization that plays a pivotal role in promoting and preserving watchmaking culture worldwide. Their participation elevates Siam Paragon Bangkok Watch Week to the standards of the world's leading watchmaking events.

"Together with the support of UOB Thailand, we aspire to create an international platform that connects brands, creators, collectors, and enthusiasts from across the globe while generating meaningful value for the luxury industry, tourism sector, and the Thai economy. Ultimately, our goal is to strengthen Bangkok's position as a global watch destination for the region."

Pascal Ravessoud, Vice President of the Fondation de la Haute Horlogerie (FHH), said: "We are delighted to collaborate with Bangkok Watch Week to bring our watchmaking knowledge and expertise to Thailand for the very first time. Beyond certification, this partnership reflects a shared ambition to make watchmaking culture more accessible, engaging and meaningful for new audiences across Asia and beyond. Together, we are creating opportunities for enthusiasts, collectors and professionals to deepen their understanding of fine watchmaking and become part of a global community united by a passion for horology."

Siam Paragon Bangkok Watch Week 2026 will bring together more than 45 legendary and world-class watch brands, including A. LANGE & SÖHNE, BIANCHET, BOUCHERON, BOVET, BREITLING, BVLGARI, CARTIER, CHOPARD, FRANCK MULLER, GRAND SEIKO, H. MOSER & CIE., HUBLOT, IWC SCHAFFHAUSEN, JAEGER-LECOULTRE, LAURENT FERRIER, LOUIS ERARD, PANERAI, PIAGET, TAG HEUER, TIFFANY & CO., ULYSSE NARDIN, VACHERON CONSTANTIN, VAN CLEEF & ARPELS, ZENITH The 2026 edition will also welcome an impressive roster of new participating brands, including BLANCPAIN, BREGUET, BREMONT, CVSTOS, DAVID CANDAUX, GERALD CHARLES, GREUBEL FORSEY, JACOB & CO., L.LEROY, MB&F, NORQAIN, ORIS, PARMIGIANI FLEURIER, RESSENCE, ROGER DUBUIS, SPEAKE-MARIN, TUDOR and UNIVERSAL GENEVE

The event will further elevate the luxury watch experience in multi-dimensions through strategic collaborations with leading global watchmaking organizations and international collector networks. It will also expand both the venue capacity and the number of sessions for "The Symposium," a highly popular program that received an overwhelmingly positive response last year.

Highlights of Siam Paragon Bangkok Watch Week 2026

The Symposium

Returning on a larger scale, The Symposium will feature founders, CEOs, master watchmakers, creative visionaries, and influential collectors from around the world. Presented in collaboration with FHH, the expanded program will offer deeper insights into the craftsmanship, heritage, innovation, and cultural significance of watchmaking.

The Exhibition

Visitors will have the opportunity to discover newly launched timepieces and novelties making their debut appearance, limited editions, exceptional masterpieces, highly complicated watches, rare creations, and museum-worthy collector pieces from some of the world's most iconic brands.

The Experience

A curated series of exclusive experiences will include immersive watchmaking workshops led by Swiss master watchmakers and specially created for Siam Paragon Bangkok Watch Week 2026. A key highlight this year also include the official launch of the "Academy Lounge" by the Fondation de la Haute Horlogerie Academy (FHH Academy)—the first initiative of its kind in Southeast Asia. The platform will provide collectors, brand executives, and industry professionals with access to educational resources, expert guidance, and internationally recognized FHH Certification programs, helping cultivate deeper knowledge and appreciation of haute horlogerie.

Siam Paragon Bangkok Watch Week 2026 promises to be one of the most significant horological gatherings in the world, bringing together the finest brands, creators, experts, and collectors under one roof while contributing to Bangkok's rise as Asia's emerging watch capital.

The event will take place from 22–27 September 2026 at Siam Paragon. For more information, updates, and registration, please visit www.bangkokwatchweek.com or follow Facebook: SIAMPARAGON.

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

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

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