Photo: EVN

DPM Tuc said Vietnam aims to sustain double-digit GDP growth during 2026–2030, which will drive continued strong growth in electricity demand. EVN and other state-owned enterprises must therefore maintain their core role while effectively mobilising resources from other economic sectors to develop the national power system.

"EVN’s restructuring should go beyond simply streamlining its organisational structure and must focus on building a stronger and larger-scale group, strengthening its mastery of sci-tech, improving competitiveness and contributing more effectively to energy development and economic growth," he said. "By 2030, EVN aims to rank among the three Vietnmese companies included in the Fortune Global 500, with the goal of achieving a high position rather than simply securing a place on the ranking."

DPM Tuc said a stronger EVN would be better positioned to perform its leading role in ensuring national energy security and providing stable, reliable and high-quality electricity for socioeconomic development and people’s lives.

Dang Hoang An, EVN's chairman. Photo: EVN

An said that following a difficult period during 2022–2023, EVN had cut costs, improved operational management and restructured its activities.

"By the end of June, the group had fully eliminated accumulated losses carried over from previous years," he said.

EVN incurred losses of around $1.9 billion in the 2022-2023 period, largely because a number of costs associated with electricity generation and supply were not fully reflected in retail electricity prices. The group returned to profitability in 2024, reducing its accumulated losses to around $1.3 billion.

According to consolidated financial statements for 2025, the group fully eliminated its accumulated losses by the end of last year. At the parent-company level, EVN still had around $220 million in accumulated losses at the end of 2025, although its production and business performance had improved significantly.

In the first eight months of this year, the company reported revenue of more than $18.9 billion, equivalent to around 70 per cent of its full-year target. Estimated profit reached $479 million, or 103 per cent of the annual plan, while payments to the state budget stood at around $673 million.

For the full year, EVN expects to earn about $530 million in profit and contribute over $1 billion to the state budget.

Deputy Minister of Finance Tran Quoc Phuong. Photo: chinhphu.vn

An said, "The power system would require substantial investment in the coming years, with estimated funding needs of around $32 billion through 2030."

Under the revised Power Development Plan VIII, Vietnam’s power system needs to add around 93,000 MW of generation capacity by 2030. EVN has been assigned to invest in and complete around 6,066 MW of generation capacity, along with 1,700 MW of energy storage systems.

"Rapidly rising electricity demand was one of the sector’s key challenges, while progress on new generation projects varied significantly among investors," EVN's chairman said. "Some projects developed by private and foreign investors have fallen behind schedule, potentially affecting the system’s ability to add capacity in line with the national power development plan."

He added that there was also a mismatch between the pace of investment in power generation and transmission infrastructure. Wind and solar projects can be developed relatively quickly, while 220-500 kV transmission lines require more time due to administrative procedures, site clearance and construction.

EVN has proposed studying mechanisms to attract private and other social-sector resources into transmission infrastructure investment, helping ease the group’s capital requirements.

During the first eight months of the year, 118 grid projects were started construction, and 116 110-500 kV grid projects were put into operation. Total electricity generation and imports reached nearly 236 billion kWh, up 9.3 per cent on-year.

Electricity demand is forecasted to rise by around 10.5-12 per cent from now until the end of the year. EVN is targeting $4.8 billion in investment capital disbursement this year, plans to bring Quang Trach I Thermal Power Plant into operation and accelerate generation and grid projects under the national power development plan.

Photo: chinhphu.vn

At the meeting, DPM Tuc asked EVN to continue playing a core role in ensuring national energy security. On restructuring the power sector, he said EVN should reorganise its operations around clearly defined pillars aligned with its development strategy, while strengthening competitiveness and operational efficiency.

He also stressed that power generation development must go hand in hand with grid development, with transmission infrastructure needing to be developed ahead of generation capacity to avoid situations in which completed power plants are unable to transmit their full output to the grid.

"EVN should also accelerate the development of rooftop solar power for self-consumption, wind power and energy storage systems," he said. "Regarding electricity prices, EVN should comply with regulations, ensure transparency and openness, and balance the interests of the state, businesses and consumers."

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.

MoF meets with major energy groups On June 24, Vietnam’s Ministry of Finance held a working session with three major energy groups: Vietnam Electricity, Vietnam National Industry-Energy Group and Vietnam National Coal and Mineral Industries Group, to discuss measures aimed at unlocking resources, enhancing production capacity and safeguarding national energy security.

Ninh Thuan 1 nuclear plant will require more than 2,000 personnel Vietnam Electricity has estimated that over 2,000 personnel will be required for the Ninh Thuan 1 Nuclear Power Project, with the two generating units scheduled to be commissioned between 2030 and 2035.

Under the assignment of Hanoi Department of Agriculture and Environment, Hanoi Sub-Department of Livestock Production, Fisheries and Veterinary Medicine, in coordination with the Soi Dog Foundation and the Vietnam Social and Behaviour Change Communication for Sustainable Development Company (SBCC Vietnam), organised the 5^th Sustainable Livelihood Transition Training Conference.

The programme drew the participation of representatives from state management agencies, experts in veterinary medicine, public health, and sustainable economic development, along with representatives from households currently transitioning away from the dog and cat meat trading and slaughtering business.

Building on the success of four previous rounds of livelihood training and three online sales skills courses, the highlight of this conference was a live trade demonstration and hands-on practice session held right in the conference hall.

Under the direct guidance of culinary and beverage-mixing experts, participating households were shown how to prepare, and then prepared themselves, popular, fast-selling dishes and drinks currently in demand on the market.

This hands-on experience not only created an energetic atmosphere but also helped participants clearly grasp the feasibility of the new business models before deciding to register for the programme.

At the event, a representative of Hanoi Sub-Department of Livestock Production, Fisheries and Veterinary Medicine also presented the legal regulations on food safety, disease prevention and control, traceability, and slaughter control.

A representative of the Soi Dog Foundation shared practical operational experience from successful transition models implemented around the world, while SBCC Vietnam directly guided participants through the registration process for the livelihood programme and upcoming vocational courses.

In addition to career counselling, vocational training, and market-linkage activities, the organising committee announced the first batch of start up support for five business households that had actively participated in the training, while also accelerating the review process for the next five households so that support can be delivered during October and November this year. All costs for experts, training, and practice materials are fully funded.

Approved by Hanoi People's Committee on July 24, 2025, the project has to date achieved positive results, with 28 establishments ceasing operations and 25 establishments registering to convert their business models.

Photo courtesy of Soi Dog Foundation

Ngo Dinh Loat, deputy head of Hanoi Sub-Department of Livestock Production, Fisheries and Veterinary Medicine, said, "The review results show that more and more business households are proactively ceasing operations and registering to transition. We encourage the remaining households to confidently join the programme and make full use of the training sessions and support packages currently underway."

Faizan Jalil, senior manager at the Soi Dog Foundation, said, "Experience from other South Asian Countries and around the world shows that when people see a safe new career opportunity with stable income, they will proactively come forward to participate in the transition. Looking back on the journey of five training rounds in Hanoi, we highly value the persistent commitment of the local authorities and implementing units."

Bui Thi Duyen, director of SBCC Vietnam, said, "Livelihood transition is a journey that begins with practice. Through five rounds of training and three vocational classes over this period, we have recognised that genuine proactivity only comes once people get to do the work themselves and experience it firsthand. Once they feel confident and steady enough to get started, the success of earlier models becomes the most effective form of persuasion"

As one of the households actively participating in the programme, Nguyen Van Hung, former owner of a dog and cat meat trading establishment in Tay Mo ward – who has now switched to selling beverages – said, "My business location isn't in a central area, so the early days of the switch were quite difficult. Fortunately, with the support, I was able to take part in the full range of courses, from online sales to preparation of foods and beverages. This practical knowledge has helped me learn how to apply technology to grow my business and attract new customers."

Building on the results achieved so far, the project management board will continue to accompany participants, expand vocational training activities, and deliver the first and second batches of support packages to traders.

Hanoi transition: four dog cat meat traders proactively exit the trade for sustainable careers following training A training initiative is helping dog and cat meat traders in Hanoi transition to more sustainable livelihoods.

Conference highlights animal welfare ambitions stemming from dog and cat meat trade The third training conference on a phased transition from dog and cat meat trading and slaughter to a more civilised livelihood took place in Hanoi on May 19.

Hanoi trains veterinary officers in humane euthanasia standards A first-of-its-kind training conference on international standards for humane euthanasia of cats and dogs has been held within Vietnam's public veterinary system.

VietnamPrintPack 2026 is taking place in Ho Chi Minh City from September 16 to 19, spanning an impressive exhibition area of 16,000 square metres. The event features nearly 800 booths and 300 leading exhibitors from 13 countries and regions.

Nguyen Van Dong, chairman of the Vietnam Printing Association, said, “Vietnam’s printing and packaging industry is classified as a key supporting industry because it serves almost every other sector of the economy. The growth of the industry prompts companies to make continuous investment in new, modern technologies and equipment.”

"Amid the turbulence caused by the Middle East conflict, Vietnamese printing enterprises still achieved a growth rate of 6 to 8 per cent in the first eight months of the year compared to the previous period. To penetrate demanding markets like Europe and the US, many local companies are actively adopting international standards and complying with sustainability requirements."

Tran Viet Anh, chairman of the Vietnam Waste Recycling Association said, “The government needs a dedicated programme to encourage the development of Vietnam’s printing industry in line with AI and digital transformation trends. We must have a clear strategy where printing plants become increasingly compact, yet output continues to rise, with a shrinking workforce.”

VietnamPrintPack 2026 provides an essential technology hub where domestic enterprises can acquire high-efficiency machinery, lower operational overhead, and transition away from low-margin original equipment manufacturer processing.

At the expo, Vietnamese enterprises can explore opportunities to upgrade manufacturing capabilities, source international equipment, embrace AI and automation, and expand into global markets. There are also live demonstrations of state-of-the-art machinery and cutting-edge technologies.

VietnamPrintPack 2026: revolutionising printing & packaging The 24th Vietnam International Printing & Packaging Industry Exhibition will return from September 16 to 19, at the Saigon Exhibition & Convention Centre in Ho Chi Minh City.

Japanese company sets up joint venture in HCM City Toppan Cosmo Inc., a trading arm of Japan's Toppan Printing Co., has set up a joint venture in Ho Chi Minh City with two Japanese partners to provide high-quality 3D computer graphics content, Kyodo News reported.

Plastic and printing expos highlight smart manufacturing Hundreds of Vietnamese and international businesses are showcasing the future of smart manufacturing with a comprehensive range of products at HanoiPlas 2026, HanoiPrintPack, and Intelligent Asia Hanoi 2026 at Vietnam Exhibition Centre on July 1-4.

"Better transport corridors and urban services lower the cost of doing business, and that is how infrastructure turns into growth and jobs. These operations will help Vietnam improve competitiveness while managing climate risks and using its natural resources sustainably," said Mariam J. Sherman, World Bank division director for Vietnam, Cambodia and Lao PDR.

In Haiphong, Vietnam's principal northern port and third-largest city, the Haiphong City Resilience Development project, will build a new section of Ring Road 3, reducing truck travel time between key locations. It will also expand wastewater treatment and protect the historic city centre from flooding, benefiting more than 311,000 residents. Construction is expected to employ approximately 10,700 casual workers and 2,300 professionals.

In the Mekong Delta, the Mekong Resilient Regional Connectivity project will rehabilitate 251 km of key highways to international road safety standards. The improvements will provide reliable year-round connectivity for 856,800 direct users and help farmers move goods to market during heavy rainfall. Construction is expected to generate approximately 10,900 jobs annually.

Across the North, Central and Mekong Delta regions, the Sustainable Fisheries Development project will modernise nine fishing ports and build infrastructure network and capacity to promote sustainable, climate-resilient fishing and aquaculture practices. More than 525,000 fishers, aquaculture farmers, and coastal residents are expected to benefit from higher incomes, better seafood quality, and reduced post-harvest losses, with women accounting for at least half of direct beneficiaries.

These operations are supported by loans totalling $666.74 million from the International Bank for Reconstruction and Development, the World Bank Group's lending arm for middle-income governments. The World Bank's Board of Executive Directors approved the Haiphong City Resilience Development project ($260.1 million) on September 4, the Mekong Resilient Regional Connectivity project ($251.12 million) on September 9, and the Sustainable Fisheries Development project ($155.52 million) on September 14.

Across its operations, the World Bank Group supports countries in creating more and better jobs by building the foundations for growth, strengthening private sector development, and mobilising investment.

Vietnam and WB strengthen cooperation Water security is expected to become part of a long-term cooperation framework between Vietnam and the World Bank, contributing to the realisation of sustainable development goals and enhancing resilience to climate change.

Vietnam joins upper-middle income economies in World Bank classification Vietnam has been upgraded to an upper-middle income economy by the World Bank Group, marking a milestone achieved through years of export-led growth and sustained economic expansion.

Vietnam and World Bank align on 2026-2030 high-impact project lending pipeline Vietnam's Ministry of Finance and the World Bank have agreed to develop a pipeline of projects for WB financing during 2026-2030, prioritising projects with strong economic impact while pursuing reforms to improve loan implementation, safeguard public debt sustainability, and enhance the effectiveness of borrowed funds.

Meey Global Corp is a Cayman Islands holding company that operates an integrated ecosystem of digital real estate platforms and data intelligence services in Vietnam through its main subsidiary Meey Land Group JSC,

The number of ordinary shares to be offered and the price range for the proposed offering have not yet been determined. The company plans to apply to list its ordinary shares on the Nasdaq Capital Market under the ticker symbol “MEEY.”

The proposed offering is subject to market and other conditions, including effectiveness of such registration statement, and there can be no assurance as to whether or when the offering may be commenced or completed.

ARC Group Securities LLC is acting as sole book-running manager for the proposed offering.

A registration statement relating to the proposed offering has been filed with the US Securities and Exchange Commission (the SEC) on September 11, but has not yet become effective.

When available, a copy of the preliminary prospectus relating to the proposed offering may be obtained from ARC Group Securities LLC. Copies of the registration statement, when available, may also be accessed through the SEC’s website.

These ordinary shares may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.

This announcement shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Meey Global files confidential draft registration statement with SEC Meey Global Corp has submitted a draft registration statement with the US Securities and Exchange Commission (SEC) for a proposed initial public offering.

Meey Group leads Vietnam’s visionary proptech wave Meey Group is pursuing the initial public offering goal to extend its reach to international markets and attract foreign capital, representing the new generation of ambitious and visionary Vietnamese tech firms.

Digital shift reshaping Vietnam’s real estate brokerages As Vietnam's Ministry of Construction calls on trading floors and businesses to enhance professionalism, VIR’s Ha Thuy spoke with Nguyen Ly Kieu Anh, CEO of Meey Group, about the role of digital transformation in real estate brokerage.

Marking the 50^th anniversary of Ho Chi Minh City, the 'Our Beloved Ho Chi Minh City' initiative is a tribute from One Central Saigon to the city and the generations who have shaped its unique identity.

Held during celebrations of the 81^st anniversary of the August Revolution and National Day on September 2, attendees were treated to an expansive artwork surrounding the façade of One Central Saigon, featuring iconic landmarks from across Vietnam, showcasing the image of a country rich in diverse identities, where memories and people from various regions converge in Ho Chi Minh City.

Next was a series of activities at September 23 Park to bring city stories closer to the community through interactive installations, where visitors discovered artworks inspired by community memories and perspectives.

Rather than following the format of a traditional exhibition, the experience was conceived as an immersive, multidimensional journey, with three interactive stations featuring 360-degree LED cube displays and touchscreen technology.

The installations offered audiences an engaging way to explore Ho Chi Minh City through its vibrant everyday life, distinctive architecture, iconic landmarks, and diverse cultural and artistic heritage.

Photo: One Central Saigon

The highlight of the programme was the awards ceremony for the 'Write a Story, A City' competition, held by One Central Saigon and Tri Thuc e-magazine. Over two weeks, the competition received 1,000 entries, with 100 outstanding submissions selected and shared by the jury.

Thi Anh Dao, marketing director of Masterise Group and representative of the organising committee, said, "The 1,000 stories have helped preserve precious memories and carry forward the values that define Ho Chi Minh City's identity. At Masterise Group, creating new values goes hand in hand with preserving cultural heritage. This is reflected in our vision for One Central Saigon – a symbolic destination and community space where stories, pride, and love for the city come together."

"Based on the values that define Ho Chi Minh City's unique character, One Central Saigon reflects Masterise Group's commitment to accompanying the city on its journey to becoming an internationally recognised megacity while safeguarding its cultural heritage for future generations," she added.

Nguyen Thanh Hung, deputy editor-in-chief of Tri Thuc e-magazine, said, "A city's identity is shaped not just by its architecture or historical landmarks but also by everyday life and the way memories are passed between generations. The true value of the competition lies in the authenticity and diversity of the authors' perceptions of Ho Chi Minh City."

"Each entry offers a unique perspective, yet together they form a vibrant picture of the city," he added. "Each story opens a space for dialogue, inviting the community to reflect, express gratitude, and continue writing a new chapter for today's Ho Chi Minh City."

Fifty years after its historic milestone, Ho Chi Minh City has transformed into one of Vietnam's leading centres of economic growth, culture, and innovation. The 50th anniversary is both an opportunity to reflect on the city's journey and a moment to ensure the stories, memories, and values that shape its identity continue to be shared and preserved in contemporary life.

Photo: One Central Saigon

'Our Beloved Ho Chi Minh City' reflects the city's broader commitment to preserving cultural heritage alongside urban modernisation, while encouraging younger generations to engage with history through interactive experiences and new technologies.

Through the initiative, millions of hearts – along with thousands of memories, emotions, and personal stories – have converged to shape the identity of Ho Chi Minh City today: a city nurtured by the millions who arrived and settled down.

From the historic Ben Thanh area, described by organisers as the city's 'original coordinates,' One Central Saigon aims to become a new symbolic destination where Vietnamese identity and global influences converge, carrying the city's historical legacy into its next century.

Masterise Group launches One Central Saigon On May 13, Masterise Homes, a member of Masterise Group, officially launched One Central Saigon, Vietnam’s first mixed-use landmark destination.

Ho Chi Minh City outlines plans to start four more metro lines Ho Chi Minh City People’s Committee plans to begin construction on four metro lines by the end of 2026, which is part of the plan to complete 255km of metro lines by 2030.

Ho Chi Minh City disburses over $3.26 billion in public investment in eight months According to Ho Chi Minh City Department of Finance, by the end of August, the city disbursed VND85 trillion ($3.26 billion) in public investment, equivalent to 57.7 per cent of the plan.

Nguyen Tien Truong, head of Haiphong Tax Department. Photo: Tax Department

The event also brought together financial and accounting executives and officers from FIEs operating in the city’s industrial parks and economic zones.

In his opening remarks, Nguyen Tien Truong, head of Haiphong Tax Department, said the city was facing new development requirements and opportunities, with a focus on achieving high growth by capitalising on its strengths in industry, seaports, logistics, international trade, science and technology, and innovation.

Haiphong issued Resolution No.11-NQ/TW on July 15, setting a target of achieving average regional GDP growth of at least 13 per cent annually in 2026 and during the 2026-2030 period.

The business community, including FIEs, plays a crucial role in achieving these targets. In particular, the Politburo’s Resolution No.10-NQ/TW, issued on June 8, 2026, on the development of the foreign investment sector marked an important shift in Vietnam’s approach and development towards FIEs.

In line with central and municipal policies, Haiphong is implementing a range of measures to improve its investment and business environment, accelerate administrative reform and digital transformation, remove obstructions, and work alongside businesses to address their concerns.

The tax sector has an especially important role to play, as tax policies have a direct impact on businesses’ cash flow, costs, profits, investment plans and decisions to expand production and operations.

For FIEs, taxation is not simply a matter of fulfilling obligations to the state budget. It is also closely linked to the stability of the investment environment, cash-flow predictability, the organisation of production and business models, and compliance with Vietnam’s tax regulations and international commitments.

Therefore, Haiphong Tax Department’s approach is to combine tax administration with business support, inspections with guidance, and risk-based management with data-driven approaches. All activities are ultimately aimed at facilitating compliance, reducing compliance costs and helping taxpayers understand and correctly implement tax regulations, Truong said.

According to this department, more than 2,000 FIEs and organisations are currently operating in Haiphong, with FIEs contributing more than 20 per cent of the city’s total domestic budget revenue.

The city has made it clear that the development of businesses is closely linked to the development of the city, while stable and efficient business operations provide a sustainable source of budget revenue.

Supporting businesses, therefore, does not mean helping them improperly reduce their tax obligations, but helping them correctly understand tax policies, fulfil their obligations, fully access legitimate tax incentives and benefits, and minimise costs and risks arising from errors in tax compliance, the tax authority said.

Photo: Tax Department

Haiphong Tax Department also highlighted the new direction for FDI development, which focuses on strengthening linkages between FIEs and local enterprises, boosting technology transfer, developing domestic suppliers, fostering innovation and increasing value added.

The tax authority will continue to coordinate with Haiphong Economic Zones Management Board and relevant departments and agencies to guide businesses in complying with tax policies, regulations on related-party transactions and financial obligations arising as FIEs expand cooperation and establish production linkages with Vietnamese businesses.

The ultimate goal is to create an environment in which FIEs can make long-term investments, develop sustainably, strengthen links with domestic companies and contribute further to Haiphong’s development.

At the conference, local authorities provided guidance on a range of important legal and tax matters directly affecting FIEs. These included tax administration for related-party transactions under Decree No.255/2026/ND-CP; the bilateral Mutual Agreement Procedure and the Advance Pricing Agreement mechanism under Circular No.95/2026/TT-BTC; and the top-up corporate income tax under global tax base erosion rules, updated under Resolution No.107/2023/QH15 and Decree No.236/2025/ND-CP.

The conference also covered personal income tax and corporate income tax policies. Truong said the Haiphong Tax Department would focus its support for FIEs on providing information and guidance on tax policies; helping businesses access and correctly apply tax incentives and support policies; assisting in resolving difficulties arising during tax declaration, payment and finalisation; accelerating digital transformation and expanding e-tax services; strengthening dialogue with businesses and receiving their feedback and recommendations.

The tax authority will also increase support for businesses from the point at which policies are introduced, shifting from a model of “management after issues arise” towards “compliance support from the outset.”

This approach is expected to help create a more predictable and business-friendly tax environment, while supporting Haiphong’s efforts to engage and retain long-term FDI and strengthen the contribution of FIEs to the city’s economic growth.

Haiphong opens new growth frontier with $3.2 billion in investment Haiphong has announced a series of landmark prime ministerial decisions on economic zone development and launched the country's free trade zone, marking a significant milestone in the city's long-term growth strategy.

LG Innotek selects DEEP C Haiphong 2 for $1 billion semiconductor project LG Innotek, a leading South Korean electronic components manufacturer, has selected DEEP C Haiphong 2 Industrial Park for the development of a semiconductor substrate manufacturing complex with a total investment reaching $1 billion. This will be LG Innotek’s first semiconductor manufacturing facility established outside South Korea.

Nam Dinh Vu Industrial Park: A strategic growth pole in Haiphong’s FTZ ecosystem With its prime location in the core zone of Haiphong Free Trade Zone, synchronised infrastructure, and strong commitment to environmental, social, and governance standards, Nam Dinh Vu Industrial Park is emerging as a critical growth engine in northern Vietnam.

Nguyen Trung Khanh, chairman of the Vietnam National Authority of Tourism. Photo: TITC

According to Khanh, Vietnam served 113 million domestic tourists in the first eight months of 2026, up 6.6 per cent on-year, while international arrivals reached 16 million, up 15 per cent from the same period last year.

Golf tourism is among the products highlighted in Resolution No.26/NQ-TW issued by the Politburo on August 22, on developing tourism into a spearhead economic sector in the new era.

"Golf is not just a sport, it is also a high-value tourism product that can connect golf courses with accommodation, leisure, transport, dining, healthcare, and cultural experiences across different regions. Vietnam's diverse landscapes, increasingly high-quality golf courses, and improving tourism services provide opportunities for the country to strengthen its position as a golf destination in the region and globally," Khanh said.

Vietnam has been named Asia's Best Golf Destination nine consecutive times and World's Best Golf Destination twice, Khan noted.

"International recognition should provide further impetus for the country to improve golf products and services and strengthen promotion in key overseas markets," he added.

Developing a more comprehensive golf tourism ecosystem will be important to this effort, with golf courses encouraged to work more closely with travel companies, accommodation providers, airlines and tourism destinations to develop integrated products.

Such links could help extend visitors’ stays, enhance their experiences and increase the economic contribution of golf tourism, he said.

“VNAT will continue to work with relevant stakeholders to promote cooperation, develop products and strengthen the promotion of Vietnam’s tourism and golf tourism in key international markets, towards sustainable and effective growth,” Khanh said.

Photo: TITC

Peter Walton, CEO of the International Association of Golf Tour Operators (IAGTO), said golf tourism development should focus on destination clusters, with greater numbers and more diverse golf products helping attract international visitors.

He also highlighted the role of industry events and stronger connections with international tourism businesses in improving destination visibility and expanding international visitor markets.

Based on IAGTO’s experience, Walton said golf tourism should not follow a one-size-fits-all model, but instead be developed according to the characteristics and objectives of individual golf courses and destinations.

“When organised and connected effectively, golf tourism can help improve capacity utilisation, increase revenue and create momentum for sustainable growth in the golf industry,” he said.

The Vietnam Golf & Leisure Awards, established in 2007, has accompanied the development of Vietnam’s golf industry for nearly two decades, recognising noteworthy golf courses, resorts, brands, service providers and other businesses.

Pham Tien Van, Head of the organising committee of the Vietnam Golf & Leisure Awards 2026, said the awards had gradually built a professional and objective evaluation system for the industry.

“The results are compiled from community voting, field surveys and assessments by a judging panel involving representatives from management agencies, international organisations, and domestic and international experts,” Van said.

He said the awards were intended not only to recognise outstanding achievements but also to encourage golf courses, resorts and businesses to improve quality, innovate services and pursue sustainable development.

At the ceremony, the organising committee presented 56 awards across 47 categories to hotels, resorts, brands, golf service and technology providers, golf courses, academies and practice facilities.

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Phu Long and 54 sign golf and sustainable tourism deal

The launch ceremony took place on September 15 in collaboration with KIJSETTHI Mobility, introducing Kim Long-branded buses to the Thai market.

KIJSETTHI Mobility has been Kim Long Motor's authorised distributor in Thailand since April with the Thai company taking steps to implement a sales and after-sales service network nationwide since then. Building on Kim Long Motor’s research and development (R&D) and manufacturing capabilities and KIJSETTHI Mobility’s strong understanding of the local market, the two parties aim to establish a professional distribution and service platform, delivering high-quality, operationally optimised transport solutions for Thailand.

In addition, KIJSETTHI Mobility has completed a system of showrooms, authorised service stations, and genuine spare parts warehouses, offering 24/7 technical support and warranty services to ensure peace of mind for customers investing in Kim Long products.

As part of the partnership roadmap, Phase 1 will see the introduction of Kim Long commercial vehicles to the Thai market, developing next-generation EURO 5-compliant internal combustion engine models as well as fully electric vehicles. In parallel, the two companies will strengthen their nationwide distribution and service networks, alongside ongoing customer feedback to further enhance product quality.

In Phase 2, Kim Long Motor will progressively shift from Completely Built-Up exports to local assembly in Thailand, with the aim of achieving a localisation rate of more than 50 per cent. From 2027 to 2030, the company plans to establish Thailand as a strategic manufacturing and export hub for the ASEAN market, helping expand the supply chain, foster supporting industries, and generate employment opportunities for local communities.

Addressing the event, Dao Viet Anh, general director of Kim Long Motor, said, "We are proud to be a pioneer in bringing Vietnamese-branded commercial vehicles to Thailand. As one of ASEAN's major automotive hubs, Thailand serves as a strategic gateway for Vietnamese-made Kim Long products to prove their engineering, quality, and service capabilities. Alongside KIJSETTHI Mobility, we will continuously refine our operational and after-sales platform. Kim Long aims to become a gateway contributing positively to Vietnam–Thailand economic cooperation."

At the ceremony, Kim Long Motor introduced bus models developed and produced on automated and digitised production lines. The company maintains autonomy across the value chain, from interior and exterior components to the chassis, body, engine, battery, and electrical systems. Consequently, the localisation rate for Kim Long diesel buses has reached 90 per cent, while pure electric vehicles stand at 60 per cent, with a target of reaching 90 per cent by late 2026.

Designed for the Thai market, the launched models prioritise performance, safety, and passenger comfort across flexible configurations. The 12-metre KIMLONG99 series offers seating for 42 to 44 passengers and is suited to inter-provincial travel, while the compact 7.9-m KIMLONG19-N21 features a 21-seat layout designed for urban transit, short-haul routes, and high-frequency shuttle services.

Photo: Kim Long Motor

All models feature spacious interiors with premium leather seats, integrated USB charging ports (Type A and Type C), refrigerators, and high-capacity air conditioning systems with individual vents for each seat. For safety, flexible internal, and external camera systems assist drivers, while international-standard emergency exits enable proactive emergency response.

A major highlight is the powerful YUCHAI K11 engine, offering fuel efficiency (19–21 litres per 100 km) to optimise operating costs. On this occasion, Kim Long Motor and KIJSETTHI Mobility handed over the first batch of KIM LONG buses to Thai customers.

Chalakorn Setthabunnatat, general director of KIJSETTHI Mobility, said, "We are delighted that our collaboration has resulted in the official launch of KIM LONG buses – well-invested in design, amenities, and superior performance – to Thai customers. We highly appreciate KIM LONG Motor's R&D capabilities and product optimisation for local transit needs. I am confident that our nationwide network will enable KIJSETTHI Mobility to partner long-term with Kim Long Motor in creating comprehensive transport solutions for Thailand."

At the event, KIJSETTHI Mobility secured an immediate order for 50 Kim Long buses.

Taking place on the occasion of the 50^th anniversary of Vietnam-Thailand diplomatic relations, the launch reflects the deepening spirit of cooperation between the two countries. It also affirms the capacity of Vietnamese enterprises to pursue international economic integration and advance national industrial development strategies.

From Kim Long buses entering Thailand's roads to the strategic vision of joint production and ASEAN-wide expansion, Kim Long Motor and KIJSETTHI Mobility are steadily building a sustainable growth strategy and opening a new chapter for the region's automobile industry.

Kim Long Motor ships first batch of electric buses to Thailand Kim Long Motor Hue has completed the handover of nine fully electric buses to Thailand's INNOPOWER, the first batch in a contract for 113 vehicles.

Kim Long Motor pioneering fuel-efficient engines and green transition Recent geopolitical tensions in the Middle East have continued to raise risks for the global energy market, with diesel prices rising sharply and unpredictably, placing pressure on fuel-intensive sectors such as long-distance passenger transport.

Kim Long Motor exports first buses to Thailand in regional push Kim Long Motor has exported its first batch of locally manufactured buses to Thailand, marking a significant step in the company's international expansion strategy.

TERREPOWER, with its global manufacturing footprint, engineering expertise and circular economy leadership, provides practical, scalable solutions under the Ontility brand that help keep electric vehicles on the road longer, reduce unnecessary battery replacement and preserve valuable materials for future use.

North America is positioned as the leading regional market, underpinned by EV adoption rates, domestic battery manufacturing investment and a regulatory environment that increasingly rewards battery reuse over extraction of virgin materials.

In Europe, the pull is even sharper. In the first half of 2025, battery electric vehicle sales grew 38% year over year. That rate of adoption means the volume of first-life batteries reaching serviceable end-of-automotive life will surge over the next three to five years.

"Both North America and Europe are entering a pivotal phase of EV adoption, where maintaining and extending the life of batteries will become as important as producing them," said Duncan Gillis, CEO of TERREPOWER. "The launch of Ontility EV batteries strengthens our ability to serve customers across these regions with proven battery lifecycle solutions while reinforcing TERREPOWER's position as a global leader in sustainable manufacturing. As millions of EVs age, the industry needs trusted partners capable of restoring, validating and extending battery value at scale."

This launch comes as these markets experience continued growth in battery electric vehicle adoption, increasing demand for aftermarket battery solutions, fleet support and compliant end-of-life battery management. With Ontility EV batteries, TERREPOWER helps vehicle owners, installers, fleets, OEMs, channel partners and salvage operators maximize battery value by prioritizing the highest-value outcome first: returning batteries to vehicles whenever possible.

"Too often, batteries are viewed as waste before their useful life is truly complete," said Michael Boe, President, Europe at TERREPOWER. "Our philosophy at TERREPOWER is simple: preserve value first. By restoring batteries to service, we extend vehicle life, reduce material consumption and help create a more circular approach to electrification. That approach supports both sustainability goals and business outcomes."

Ontility's EV battery solutions are designed to deliver:

• Validated, warranty-backed battery systems for out-of-warranty electric vehicles
• Installation-ready solutions that reduce service complexity and turnaround time
• Lower-cost alternatives to full battery replacement
• Extended vehicle and fleet life through proven remanufacturing processes
• Scalable battery lifecycle services for OEMs and aftermarket partners
• Responsible repurposing and recycling pathways when batteries reach the end of usable vehicle life

This launch also reflects TERREPOWER's growing role in supporting Europe's circular economy objectives and evolving battery regulations. With operations and customers spanning 90 countries, TERREPOWER is uniquely positioned to help stakeholders navigate the entire battery lifecycle from recovery and testing to remanufacturing, second-life applications and material recovery.

TERREPOWER expects demand for EV battery lifecycle solutions to accelerate globally as more vehicles move beyond their original warranty periods.

"The challenge facing the industry is not simply producing more batteries," Gillis added. "It's ensuring the batteries already in service deliver the greatest possible value throughout their lifecycle. Leadership in this space matters because it helps make electric mobility more affordable, more sustainable and more accessible. TERREPOWER's brand Ontility exists to help solve that challenge."

The company's Ontility EV battery launch is supported by a redesigned digital presence, evolved product offerings and ongoing investments in battery lifecycle capabilities across Europe and North America.

For more information, visit www.ontility.com and www.terrepower.com

To address space and power constraints in Dexterous Robotic Hands with over 20 degrees of freedom, QBit introduced the highly integrated QB88XX series. The SoC consolidates multi-joint control onto a single chip, reducing system costs and energy consumption. Built on a Cerebellar Model Articulation Controller (CMAC) architecture, it combines quad-core Arm Cortex-A78 processors and an NPU to execute brain commands, in addition, the Arm Cortex-M7, TGEN, and secondary NPU for motor servo control. Supporting up to 32 motors and AI servo tuning, it integrates PCIe, USB, CAN Bus, and camera interfaces for robotic arms and industrial automation.

For Drones, QBit is executing a two-phase strategy:

• Phase 1 (2026–2028): Penetrating entry-level markets with the QB77XX, supporting up to 32GB LPDDR5/5X, PCIe, USB 3.2, and GbE. Powered by TGEN and Cortex-M33 for real-time flight control, it reduces board counts across mission computers and flight controllers.
• Phase 2 (2029 Onward): Launching a drone-dedicated QB88XX SoC unifying flight control and mission computing into a single chip with optical flow control and target tracking.

QBit also demonstrated its QB77XX single-object tracking solution, maintaining locks during visual occlusions (tested at relative speeds up to 60 km/h with 10–15 minute flight times). Multi-object tracking will be showcased in Q4 2026.

For cybersecurity, QBit's QB7 series passed U.S. NIST CAVP validation for Post-Quantum Cryptography (PQC) ML-DSA algorithms in 2025. The drone solutions incorporate PQC-secured boot for device authentication and firmware defense.

Gen 7 represents a unified system upgrade, enhancing the exceptional robot user experience that operators, engineers, and integrators already prefer to work with every day. Anchored by the PolyScope X robot operating system, Gen 7 has a fully reengineered control box, teach pendant and tool flange – all designed to make even the most demanding tasks and setups easier.

"The robots of the AI era must be advanced, not complicated," said Jean-Pierre Hathout, President of the Teradyne Robotics Group. "Built on what we have learned from over 20 years of cobot innovation and more than 100,000 industrial deployments worldwide, Gen 7 is an end-to-end redesign of our platform that reduces integration friction and dramatically expands application capabilities. It will enable our customers and partners across industries to confidently deploy advanced AI-powered applications in real-world operations."

Key innovations in Gen 7
Gen 7 introduces a unified collection of new hardware and features:

• New g-Series robot arms with AI-ready tool flange: The Gen 7 platform adds three new robot arms: UR10g-1750, UR17g-1300, and UR18g-950, named after their payload (kg) and reach (mm), joining the e-Series and UR Series lineup.

The new g-Series tool flange enables the vision and sensing needed for AI models to run in real time with the robot, delivering data, power, and safety directly to the tool flange. This eliminates cabling complexity and makes it easier to connect cameras and high-bandwidth sensors, which is critical to advanced automation and physical AI deployments.

Additionally, built-in force-torque sensing, impedance control and RTDE (Real-Time Data Exchange) give the robot a sense of touch for physical AI applications such as dexterous manipulation and force-sensitive assembly tasks.

• CB7 Core controller: Offering 40% more compute power in a 30% smaller footprint than previous generations, the new controller enables multi-network communication for modern automation and physical AI architectures, connecting to PLCs, HMIs, MES platforms, IPCs, and vision systems, reducing the need for external switches. It is available at launch in a standalone control box version and a compact version for integration into an automation cabinet. CB7 is also compatible with e-Series and UR Series robot arms.

• PolyScope X: Brings to Gen 7 modern programming tools, ISO 10218-1 safety functionality and cybersecurity compliance. With open APIs and ROS2 communication, PolyScope X enables programmers to build and deploy edge-AI applications utilizing IPCs and external AI processing. With additional software packages, integrators can access further advanced robot functionality such as ProfiSafe, OPC-UA, or logic programs, and easily access application software from third-party developers, such as Rocketfarm Pally or Inbolt 3D Vision Guidance.

• TP7 Core teach pendant: Building upon the already exceptional UR user experience, the new teach pendant is more than 20% lighter and more ergonomic than previous generations, has multiple grip positions, configurable smart buttons, and a full HD display, plus a new virtual joystick. It is designed to stay comfortable through long shifts and to make programming feel intuitive rather than technical, so operators spend less time learning the interface and more time getting the job done.

• New SP7 Smart Panel tool flange interface: A faster way to teach and program directly at the tool flange. The SP7 Smart Panel has safety-compliant freedrive functionality, LED lights and three configurable input buttons capable of running PolyScope X Smart Skills. By letting operators work at the point of the task, the Smart Panel cuts setup and programming time where touch-to-teach or operator interaction is important, such as high-mix, low-volume production.

• Safety and cybersecurity in focus: Gen 7's advanced and collaborative safety functions provide a PLd, Category 3 (ISO 13849-1) certified architecture. All g-Series robots are TÜV certified to ISO10218-1 and UL1740, and Teradyne Robotics is certified to IEC 62443-4-1 ML3 for cybersecurity, confirming that secure development practices are built into every stage of the software lifecycle.

A showcase of the physical AI ecosystem
At IMTS, Gen 7 is on display alongside new developments from 20+ ecosystem partners – including demos of Gen 7 functionality with Cognex, Schunk, Magswitch, Smooth Robotics, Psyonic, Robotiq and Inbolt. The demos illustrate how the platform's open architecture lets best-in-class physical AI, machine vision and gripping providers build applications directly on Universal Robots hardware and software.

"Universal Robots and Inbolt share the same conviction, that automation should be simple to deploy and simple to live with," said Rudy Cohen, CEO of Inbolt. "With Gen 7 and PolyScope X, Inbolt's vision now runs natively on the UR controller itself, available directly through UR. No external vision PC, no extra cabling. Manufacturers get parts localized without jigs or fixtures, and reach production in hours, not weeks."

The booth demonstrations also reflect a mature ecosystem: Gen 7 is backed by UR+, a curated, rigorously tested portfolio of automation products, each validated by both the partner and UR before it reaches the market. This de-risks integration and lets customers deploy their robots more quickly and with confidence.

For more information, please visit www.universal-robots.com.

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

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

For more information, please visit www.hongkonghorseshow.com.

"Our debut at Seamless Africa reflects a clear focus: working more closely with African financial institutions to better serve SME trade," said Ray Ren, UK CEO at XTransfer. "By joining XTransfer's X-Net network, banks and payment partners can access services such as Pay to China, Pay to Global, and Local-Currency Collection, capabilities that help them support SME clients they were previously unable to serve effectively. Together, we can reduce cross-border payment friction, strengthen compliant trade flows, and enable more SMEs to participate confidently in Africa's real-economy supply chains."

XTransfer's participation comes as it continues to expand its footprint across Africa, helping SMEs engaged in international trade access a more unified payment experience. In many markets, SMEs still face friction when making and receiving trade payments, including complex processes and delays that can strain cash flow and disrupt supply chains. Where reliable options are limited, some businesses may feel pressured to rely on informal channels, creating avoidable compliance and transparency risks for the wider ecosystem.

To address these challenges, XTransfer works with international and local banks and financial institutions to strengthen payment infrastructure and facilitate compliant trade payments. In Africa, XTransfer partners with Flutterwave, a leading payments technology company, to support importers in Nigeria, Ghana, and South Africa to pay for goods conveniently in local currency, while helping Asian exporters receive reliable settlement, supporting smoother trade flows across key Africa–Asia corridors.

XTransfer's Seamless Africa debut also follows broader momentum across the Middle East and Africa. In September 2026, XTransfer announced it had secured in-principle approval for a Retail Payment Services Licence from the Central Bank of the UAE. Subject to completing pre-issuance conditions, the licence would enable XTransfer to expand regulated services in the UAE and support businesses engaged in international trade with compliant, secure, and efficient payment solutions, strengthening connectivity across Asia, the Middle East, and Africa.

https://www.xtransfer.com

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

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

The event was jointly organised by the Qianhai Authority, the Australian Consulate-General in Guangzhou and the Australian Trade and Investment Commission (Austrade), with CPA Australia serving as a supporting organisation.

Strengthening Engagement in the Greater Bay Area and Promoting International Talent Exchange through Qianhai

"Openness, Innovation and Collaboration" have been identified as three priorities for APEC 2026 in China and represent key drivers of economic development across the Asia-Pacific region.

G'Day GBA provides a timely platform for deepening China-Australia economic cooperation while strengthening the GBA's connections with global professional networks.

During the opening ceremony, witnessed by Ms Maree Ringland, Consul-General of Australia in Guangzhou, and Mr Dominic Trindade, General Manager of Mainland China, Hong Kong and Taiwan / Minister (Commercial), Australian Trade and Investment Commission / Australian Embassy Commercial Section, CPA Australia and the Qianhai International Cooperation Center formalised their partnership through the signing of a Memorandum of Cooperation (MoC).

The partnership will focus on enhancing the accounting and finance profession, supporting digital transformation, and promoting alignment with international standards. It will also support Qianhai's development as a hub for professional services in the GBA.

CPA Australia's President and Chairman of the Board, Professor Dale Pinto FCPA (Aust.) said: "Qianhai is playing an increasingly important role in strengthening international business connections and supporting innovation across the Greater Bay Area. Through our cooperation with the Qianhai International Cooperation Centre, CPA Australia looks forward to advancing the profession, promoting knowledge sharing and talent exchange, and fostering closer ties between Australia and China."

Supporting Chinese Enterprises Going Global and Expanding Opportunities for Economic and Trade Cooperation

At the Invest in Australia Seminar, Professor Pinto delivered a keynote address on the international expansion trends of Chinese enterprises and emerging opportunities for China-Australia cooperation.

He highlighted the strong foundations of the Australia-China economic relationship and the growing opportunities in services, the digital economy and knowledge-based industries.

Professor Pinto referenced findings from CPA Australia's joint research Chinese Enterprises Going Global: Navigating the Next Phase of Global Growth, which showed that 70 per cent of surveyed Chinese businesses have already expanded overseas, with 28 per cent generating more than 20 per cent of their revenue from international markets. Looking ahead, 67 per cent are planning to enter new markets or deepen their presence in existing overseas markets over the next one to three years.

He emphasised the important role the accounting profession plays in facilitating international trade and investment, particularly in helping businesses navigate increasingly complex cross-border tax, regulatory and compliance requirements. As Chinese enterprises accelerate their globalisation efforts, demand for high-quality accounting, taxation, compliance and advisory services continues to grow.

Professor Pinto also highlighted the opportunities that emerging technologies present for collaboration between small businesses in the two countries.

"CPA Australia's Asia-Pacific Small Business Survey shows that small businesses in the Chinese mainland lead many surveyed markets in digital transformation, e-commerce adoption and the use of artificial intelligence (AI). Australia is home to more than 2.7 million small businesses, yet their level of digital adoption remains behind other markets. Greater collaboration between businesses in Australia and China can help improve the productivity and competitiveness of Australian small businesses."

Building Bridges for Sustainable Bilateral Cooperation

During the event, Professor Pinto also joined H E Mr Scott Dewar, Australian Ambassador to the People's Republic of China, and other representatives at the opening ceremony of the G'Day GBA Australian Marketplace, engaging with businesses and members of the public to further promote people-to-people, cultural and economic exchanges between Australia and China.

Open cooperation has long been a defining feature of the Australia-China economic and trade relationship.

Professor Pinto said: "CPA Australia is committed to embracing the opportunities presented by APEC 2026 in China. Through 'openness', we can deepen connectivity; through 'innovation', we can drive industry advancement; and through 'collaboration', we can achieve mutual success.

As one of the world's leading professional accounting bodies, CPA Australia remains committed to supporting Australia-China economic engagement through professional excellence."

https://www.cpaaustralia.com.au/

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

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

Welcoming the Vietnamese Ministry of Finance (MoF) delegation, State Secretary Barbara Eibinger-Miedl noted the importance of economic and financial cooperation between Vietnam and Austria and stated her wish to strengthen close coordination between the two finance ministries.

Deputy Minister Chi spoke highly of the results of Vietnam-Austria financial cooperation over the past two decades. He noted that projects in Vietnam financed by Austrian government loans in healthcare, vocational training, fire prevention and firefighting, and railway transport had delivered practical results.

To bring bilateral financial relations into a new phase of deeper and broader cooperation, the two sides agreed on the need to continue close coordination to effectively implement the new Framework Agreement on Financial Cooperation, signed on June 23, 2025 and effective from August 1, 2025.

Deputy Minister Chi said Vietnam would continue to pursue a flexible fiscal policy to support growth while keeping inflation under control. Vietnam is targeting average annual GDP growth of at least 10 per cent during 2026-2030, with a focus on socioeconomic infrastructure, digital transformation, green development, innovation and high technology.

In particular, a comprehensive financial market reform scheme linked to the goal of achieving high growth through 2045, together with a simplified legal framework for accessing official development assistance loans under the new laws on the state budget, public investment and public debt management, will create better conditions for the disbursement of foreign financing.

Against this backdrop, the MoF deputy minister expressed his hope that Austria would continue supporting and boosting concessional credit packages of appropriate scale, focusing on smart infrastructure, sustainable development management, renewable energy and high-quality healthcare projects.

Vietnam’s MoF also called for closer coordination to quickly translate financing commitments under the new Framework Agreement on Financial Cooperation into specific projects.

Austria was also encouraged to continue sharing guidance on financing procedures and conditions and to provide the necessary flexibility during implementation, while shortening and simplifying the approval process for projects financed by Austrian loans, particularly requirements relating to supplier selection, commercial contracts and procedures for finalising loan arrangements.

Vietnam also attaches particular importance to strengthening cooperation in green finance and the green bond market. As the country works to complete its legal framework for the carbon market and green finance, it hopes to receive technical assistance and practical experience from Austria in developing standards and pricing methodologies, as well as attracting major European institutional investment funds to Vietnam’s green capital market.

Deputy Minister Chi further proposed stronger professional exchanges on public debt management, the use of digital technologies for cash-flow forecasting, and public-private partnership models. He also called for support in connecting Austrian financial institutions and businesses with investment opportunities in Vietnam and encouraging financial technology transfer.

Photo: VIR

State Secretary Barbara Eibinger-Miedl stated that Austria was ready to accompany Vietnam through concessional credit instruments, financial guarantees and development support programmes.

She said Austria was an important economic centre in Europe and that Austrian businesses had shown strong interest in the Vietnamese market, particularly in transport infrastructure, railways, fintech, pharmaceuticals, biomedicine and green finance.

Barbara Eibinger-Miedl also shared Austria’s experience in managing emerging areas such as crypto-assets and blockchain. Austria is ready to share its experience in developing a regulatory framework that strikes a balance between risk management and the promotion of innovation, she said.

The Austrian side expressed its wish for Vietnam’s MoF to serve as a focal point for connecting relevant ministries and agencies and supporting cooperation between businesses from the two countries in the mining sector. The two sides agreed to translate their commitments into specific programmes and projects with clear implementation roadmaps.

Vietnam’s MoF stated its readiness to work with Austria to review potential projects and promptly address obstacles to facilitate signing and disbursement, contributing to more substantive and effective economic, financial and investment cooperation between Vietnam and Austria.

Vietnam seeks to deepen financial cooperation with Russia During Party General Secretary and State President To Lam’s state visit to Russia, Vietnamese Minister of Finance Ngo Van Tuan held talks with Russian Minister of Finance Anton Germanovich Siluanov in Moscow on September 8 to promote comprehensive financial cooperation between the two countries.

Vietnam and France exchange financing agreements for water management project in Dien Bien On the afternoon of September 10 at the Élysée Palace in Paris, Vietnamese Minister of Finance Ngo Van Tuan and French Development Agency director general Christophe Lecourtier exchanged a loan agreement and a grant agreement in the presence of Party General Secretary and State President To Lam and French President Emmanuel Macron.

Vietnam and France seek to deepen economic and financial cooperation Vietnamese Minister of Finance Ngo Van Tuan held talks with French Minister for Economy, Finance, Industrial and Digital Sovereignty Roland Lescure in Paris on September 10, discussing measures to strengthen bilateral economic and financial cooperation.

The investment is structured as a medium-term loan, a core investment instrument through which Beacon Fund provides capital to small- and medium-sized enterprises (SMEs) with an established commercial track record but that remain underserved by traditional sources of capital. Vipep will use the funding to expand its factory and invest in new lines for raw material processing, thereby lifting production capacity to meet growing demand from both the domestic and export markets.

Founded in 2012, Vipep has developed more than 100 product lines covering Vietnamese spices including pepper, cinnamon, turmeric, star anise and onion, producing over 100 tonnes of organic spices and around 1,000 tonnes of natural spices each year.

Domestically, its products are distributed through retail chains such as AEON and GO!, while the company also serves as an ingredient supplier to food manufacturers including Masan and Cholimex. Internationally, Vipep has expanded its exports to more than 16 countries across Europe, America and Asia.

Vietnam ranks among the world’s largest spice exporters, with key products such as pepper, cinnamon, star anise and chilli. However, the majority of its output is still shipped in primary-processed form and competes largely on price. Global demand, meanwhile, is shifting towards clean, organic products that are processed and standardised to international specifications – a segment that, according to Vipep, carries significantly higher profit margins.

Vipep holds food safety and organic certifications including US Department of Agriculture Organic, EU Organic, Japanese Agricultural Standards and Brand Reputation Compliance Global Standards.

Capturing this opportunity requires growth capital flexible enough to support the company’s plans for equipment investment and capacity expansion, while securing a stable supply of raw materials that meet these standards amid climate change and supply chain challenges.

Le Thi Hoai Thuong, deputy general director and board member of Vipep, said, “Vipep brings a deep understanding of Vietnam’s agricultural produce and spice market, while Beacon Fund brings the resources to strengthen our production capacity and expand into new markets. We are not simply an investor and an investee – we are partners building a sustainable value chain together, from farm to table.”

Vipep currently works with nearly 1,400 smallholder farmers, most of them through cooperatives. The company helps farmers strengthen their farming practices and transition to organic production, while purchasing both organic and natural raw materials at prices above market levels, recognising the efforts of farmers to meet quality requirements. This approach enables Vipep to secure a more reliable supply of raw materials while providing farmers with stable market access and income.

The company employs more than 120 full-time staff across Ho Chi Minh City and the provinces of Dak Nong and Gia Lai, 60 per cent of whom are women. Women also hold 33 per cent of board seats and 54 per cent of management positions. On that basis, Vipep meets the 2X Challenge criteria on leadership and employment – the international standard that measures gender diversity within businesses.

Shuyin Tang, co-founder & CEO of Beacon Fund, said, “Vipep brings together many of the qualities we look for in a business: a solid manufacturing base, rigorous international certifications, and a positive impact on the farmers in its supply chain."

"At this stage, Vipep needs growth capital flexible enough to invest in its factory and equipment without giving up ownership. Our medium-term loan is designed to meet exactly that need, and we are delighted to accompany Vipep through this phase of growth,” Tang said.

Beanstalk AgTech launches Monsoon Ventures for Southeast Asian agtech push Beanstalk AgTech has launched Monsoon Ventures, a new venture studio targeting Vietnam and five other Southeast Asian markets to commercialise agtech solutions.

Rize raises $31 million to accelerate sustainable rice farming in Vietnam and Southeast Asia On July 16, Rize, Southeast Asia's leading sustainable rice platform, announced the close of a $31 million Series B funding round, comprising $20 million in equity and $11 million in debt financing.

USDA opens applications for agribusiness trade mission to Vietnam The US Department of Agriculture’s Foreign Agricultural Service is now accepting applications for its Agribusiness Trade Mission to Vietnam, November 9-12.

The requirement was outlined in Government Office Notice No.481/TB-VPCP, issued on September 14, conveying conclusions by Standing Deputy Prime Minister Pham Gia Tuc following a meeting with the Vietnam Electronic Industries Association and major electronics and semiconductor exporters.

Under the notice, foreign-invested enterprises (FIEs) are expected to actively contribute to developing Vietnam's electronics ecosystem by expanding their lists of Vietnamese suppliers, sharing technical standards and quality management processes, and supporting workforce training.

The aim is to create conditions for Vietnamese businesses to gradually participate more deeply in electronics and semiconductor supply chains, rather than remaining concentrated in lower-value stages of production.

Domestic companies are, in turn, being asked to strengthen their own capabilities, particularly in technology, quality management, automation, digital transformation, research and development (R&D), and human resources. They are expected to gradually shift from low-value-added activities towards manufacturing components and materials and undertaking more technology-intensive processes.

The government is also seeking a closer link between imports, domestic production, and exports. Companies are expected to make more effective use of imported materials, machinery, and equipment to improve productivity and ensure imports translate into production capacity, domestic value addition, and exports generated in Vietnam.

R&D and technological mastery will form another part of this shift, with businesses encouraged to focus on areas with strong potential such as chip design, semiconductor packaging and testing, electronic components and materials, automation, AI, servers, and equipment for data centres.

The push to strengthen local suppliers comes as the electronics industry remains heavily dependent on imported inputs and foreign technologies.

According to the Ministry of Industry and Trade, imports of components, raw materials, and production equipment are substantially higher than exports in the same period in some areas, resulting in localised trade deficits for computers, electronics, and components and at certain companies.

Domestic value addition remains limited, while Vietnamese businesses still have a relatively low level of participation in production and supply chains.

To address these weaknesses, the Ministry of Industry and Trade (MoIT) has been tasked with working with businesses recording large gaps between import and export turnover, particularly major net importers, to clarify their import structure and the extent to which imported inputs contribute to production and exports. The work is due to be completed in September.

Companies with large import turnover and trade deficits must also develop plans to increase value addition, expand domestic supplier networks, and gradually improve their trade balance.

At the same time, the ministry will develop a programme specifically aimed at connecting and developing Vietnamese suppliers for domestic and foreign electronics, semiconductor, and technology corporations. Supplier development will be organised according to individual product chains, technical standards, and corporate demand.

The government is also seeking to increase localisation through supporting industries. The MoIT will review the list of priority supporting-industry products for electronics, focusing on components and materials with substantial demand and the potential to be produced locally.

Rather than providing fragmented support, policies are expected to increasingly target specific products and supply chains.

Financial measures are also being considered. The Ministry of Finance will review tax incentives for the production of electronic components and materials and supporting industries, while proposing policies that encourage domestic manufacturing of products Vietnam is capable of producing without restricting imports of machinery, equipment, and materials that cannot yet be supplied locally.

The State Bank of Vietnam, meanwhile, has been tasked with studying appropriate credit policies for electronics supporting-industry companies and businesses investing in technological innovation, automation, and digital transformation, particularly small- and medium-sized enterprises seeking to join electronics and semiconductor supply chains.

Technology policy will reinforce the supplier-development push. The Ministry of Science and Technology has been instructed to prioritise support for Vietnamese businesses researching and mastering core and foundational technologies in semiconductors, integrated circuits, electronic materials, and automation.

The broader goal is to increase the value created by Vietnamese businesses within global electronics supply chains, enabling domestic suppliers to move beyond basic manufacturing and take on components, materials, and technology-intensive stages as foreign-invested manufacturers deepen their supplier networks in Vietnam.

Korea occupies a strategically important position in the global technology ecosystem, particularly across semiconductors, AI infrastructure, advanced manufacturing, batteries and automobiles. The Fund tracks the performance of the KOSPI 200 Index, a widely recognised benchmark for the Korean equity market comprising 200 leading companies listed in Korea.

With annual ongoing charges fixed at 0.49%1, the Fund offers Hong Kong investors a cost-efficient way to gain broad exposure to Korea's leading companies and long-term economic development.

Dennis Fok, Co-Chief Executive Officer and Chief Investment Officer, ETF, Mirae Asset Global Investments (Hong Kong) Limited, said:

"We are committed to helping Hong Kong investors access compelling opportunities across global markets through our expanding range of Global X ETFs. The KOSPI 200 index offers diversified exposure to Korea's leading companies, including global technology leaders playing a pivotal role in the AI ecosystem. The Global X KOSPI 200 ETF provides investors with a cost-efficient way to participate in the long-term growth potential of the Korean market."

Mirae Asset Global Investments Hong Kong (English website): https://www.am.miraeasset.com.hk/

Global X ETFs Hong Kong website: https://www.globalxetfs.com.hk/

Investors should not base investment decisions on this website alone. Please refer to the Prospectus for details including the product features and the risk factors. Investment involves risks. Past performance is not indicative of future performance. There is no guarantee of the repayment of the principal. Investors should note:

The investment objective of the Global X KOSPI 200 ETF (the "Fund") is to provide investment results that, before fees and expenses, closely correspond to the performance of the KOSPI 200 Index.

The Fund is exposed to concentration risk by tracking a specific region or country (South Korea). The value of the Fund may be more susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory events affecting the South Korean market.

The Korean market is subject to high volatility as a result of high retail trading participation, as well as sudden regulatory shifts and shifts in market sentiment. Trading in the Korean market is also subject to circuit breakers and daily price limits.

The underlying index of the Fund is heavily concentrated in its top two constituents (i.e. Samsung Electronics Co., Ltd. and SK Hynix Inc., which may account for more than 50% of this product's Net Asset Value) which are of the same sector (i.e. the electronics and technology hardware industry, focusing on the semiconductor business), making the Fund potentially more volatile than a fund with a diversified portfolio.

The constituents of the Index include large- or mega-capitalisation companies, which may be subject to slower growth during times of economic expansion and may struggle with flexibility to respond quickly to disruptions and changes in trends.

The base currency of the Fund is KRW but the trading currency of the Fund is in HKD and USD. The NAV of the Fund and its performance may be affected by fluctuations in the exchange rates between these currencies and the base currency and by changes in exchange rate controls.

The trading price of the Fund's unit on the SEHK is driven by secondary market trading factors, which may lead to a substantial premium or discount to the Fund's net asset value.

The Manager may at its discretion pay dividends out of the capital of the Fund. Distributions paid out of capital, represent a return of an investor's original investment or its gains and may potentially reduce the Fund's Net Asset Value per Share as well as the capital available for future investment.

The Fund may suffer from losses or delays when recovering the securities lent out. This may potentially affect its ability to meet payment and redemption obligations. Collateral shortfalls due to inaccurate pricing or change of value of securities lent, may cause significant losses to the Fund.

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The recognition follows Greenfeed’s inclusion in the Top 10 Best Workplaces in Vietnam 2026 in the large enterprise category, announced by Great Place to Work in May.

“From a Vietnamese agriculture - food company, we made our first appearance on a workplace ranking at the Asian level. This is more than a title; it reflects our ongoing efforts to build a workplace where people are well cared for, empowered to grow and given opportunities to create positive value together with the organisation,” said Greenfeed representative.

Sustainable growth starts with suitable people

Founded in 2003, Greenfeed has grown from an animal feed manufacturer into a diversified group with a 3F Plus agricultural ecosystem spanning animal and aqua feed, breeding and farming, food, logistics and technology.

The company currently employs more than 5,500 people across offices, manufacturing plants, farms and business units in Vietnam, Laos, Cambodia and Myanmar.

An animal feed mill of Greenfeed in Vietnam. Photo: Greenfeed

According to Greenfeed, having the suitable people is the foundation of sustainable growth and a key driver of transformation across the organisation.

Guided by the direction of “Synergising transformation into resilience”, the company focuses on creating a safe, inclusive and engaging workplace while enabling employees to learn, develop and grow alongside the organisation amid changing market conditions.

Through training, capability development and stronger collaboration across its member companies, Greenfeed is continuously strengthening adaptability, operational effectiveness and organisational capabilities to support long-term growth.

The company's business operations and corporate culture are guided by the Greenfeed Way, a shared framework of values, standards and behaviours consistently applied across the Group.

According to the Great Place to Work survey conducted by the company in 2025, 95 per cent of employees rated Greenfeed as a great place to work, significantly higher than the 59 per cent market benchmark.

A people-centred workplace

At Greenfeed, a healthy and human-centred workplace is shaped by the real experiences of its people throughout their journey with the company.

The company invests in initiatives that support employee wellbeing, strengthen team connections, develop individual capabilities and create opportunities to contribute to the community.

In 2026, the company organised Greenfeed Day, a team-building programme held across multiple locations in Vietnam and Southeast Asia, bringing together more than 5,000 employees.

Its total wellbeing programme, Greencare, also takes a proactive approach to health prevention, with nearly 12,000 employees and their family members participating in health insurance coverage.

In talent development, the company continues to strengthen training initiatives and build its leadership pipeline. In 2025 alone, the company delivered over 53,000 hours of training, with more than 4,700 participants from over 2,700 employees.

A key initiative is the internal Leader for Goodness (L4G) development programme, which comprises five tracks: GreenSeed (Potential Intern Programme), GreenShine (Management Trainee Programme), GreenLead, GreenExperts and G30+. Each track is designed to support employees at different stages of their development while building on their professional strengths.

Staff enthusiastically participated in activities during Greenfeed Day 2026. Photo: Greenfeed

Organised by Great Place to Work, a global authority on workplace culture, the Best Workplaces in Asia ranking recognises organisations with outstanding workplace cultures across the region.

The ranking is based on employee feedback, with assessments covering workplace experience and organisational culture.

GREENFEED Vietnam exports high-quality breeding stock GREENFEED Vietnam JSC has exported to Cambodian market its first batch of GF24 (Camborough®48) breed, a superior genetic breed transferred through the genetic marker technology of PIC – a world-leading swine genetic company.

IFC invests $43 million in GREENFEED Vietnam through a seven-year bond To support the country’s growing livestock industry, IFC is helping GREENFEED Vietnam Corporation increase its pig breeding and farming capacity, which will help ensure a reliable supply of safe and quality pork while enhancing livestock production practices in Vietnam.

GreenFeed honoured for outstanding contributions in agriculture GreenFeed Vietnam has been honoured to receive a certificate of merit from the Ministry of Agriculture and Rural Development for outstanding contributions to the development of Vietnam’s agriculture for 2022-2023.

3F Plus clean pork amazes Michelin-starred chefs During two gala nights at the international culinary event 100 Flavours on November 26 and 28, 13 Michelin-starred chefs crafted elevated fine-dining menus inspired by premium Vietnamese ingredients.

Representatives from Keppel, local authorities and schools at the handover ceremony of computers. Photo: Keppel

Now in its third consecutive year, “Bytes for Future”, supports the two schools with 55 computers, 90 headsets and two smart TVs, helping to strengthen their digital learning capabilities and provide students with greater access to technology.

At both schools, students have faced challenges accessing modern digital learning facilities. In some classes, two to four students share a computer, with some existing equipment outdated and access to digital displays limited. The donated resources will help improve access to technology, support the development of digital skills, and provide teachers with additional tools to deliver more engaging and interactive lessons.

Joseph Low, chief representative, Vietnam, and President, Vietnam Real Estate, Keppel, guides students on how to use the computers. Photo: Keppel

According to Joseph Low, chief representative, Vietnam, and President, Vietnam Real Estate, Keppel, as digitalisation and AI transform industries and create new opportunities, digital skills have become essential for the next generation.

“Through ‘Bytes for Future’, we hope to help students build the capabilities and confidence needed to participate in and benefit from an increasingly technology-driven economy. As Keppel continues to grow its presence in Vietnam, we are pleased to extend this initiative to Hanoi and support the local community. This reflects our commitment to creating meaningful and lasting positive impact in the communities where we operate,” said Joseph Low.

Nguyen Duy Cuong, deputy chief of Office of the Hanoi National Assembly Delegation and People’s Council, and former Vice Chairman of Son Dong Commune People’s Committee, said, “I believe that the ‘Bytes for Future’ initiative will not only help students in Son Dong Commune overcome barriers to accessing technology and open up opportunities for them to access modern knowledge, but also lay a strong foundation for the continued development of education in the local community.”

Nguyen Manh Hanh, principal of Son Dong Primary School, said that the timely support and care from Keppel and Tien Phong Newspaper through the ‘Bytes for Future’ initiative are truly meaningful.

“The practical donation of computers, together with their encouragement and support, has helped address some of the challenges faced by our school and created better conditions for our teachers and students in teaching and learning, particularly in accessing IT, an area that is increasingly important in today’s digital age,” Hanh said.

Students from Son Dong Primary School use computers during the Bytes for Future 2026 programme. Photo: Keppel

Le Duc Thuan, principal of Van Canh Primary and Secondary School, said, “At a time when digital transformation is rapidly changing the way we live and learn, IT has become an increasingly important part of teaching and learning. We particularly appreciate the message behind the ‘Bytes for Future’ initiative: by giving students computers, we are not simply providing equipment, but also giving them more opportunities to learn, explore and move forward in life.”

Launched in 2024, Keppel’s “Bytes for Future” initiative aims to equip the next generation with the tools and resources needed to develop digital skills and thrive in a digital world.

Saigon Centre unveils vibrant world of Japanese culture Saigon Centre, Keppel’s flagship mixed-use development in Ho Chi Minh City, is hosting its annual Japan Festival from July 3 to 19 for the fifth consecutive year.

Keppel advances its next chapter in Hanoi Once known primarily as a real estate developer in Vietnam, Singapore-headquartered Keppel has transformed into a global asset manager and operator, expanding its footprint beyond property into energy, infrastructure, and digital connectivity.

seeMote Cap attaches directly to the tools engineers already use—from screwdrivers and lab tools to training instruments and teaching models. Its 6DoF tracking captures the movement of the attached tool, allowing developers to map real-world tool movements to app logic while preserving the familiar grip and way of working.

Bringing Real Tools Into Spatial Computing

A launch demonstration shows seeMote Cap mounted on an orthopedic training drill in a non-clinical visionOS training simulation. The demo illustrates how a physical tool's position, angle, and motion can be tracked and represented in a tool-aware spatial workflow.

"We wanted to explore what spatial computing could look like when it works with the tools people already know, rather than asking them to learn another controller," said Chunxiao Liu, Product Manager at DFRobot. "The idea is simple: keep the tool, add spatial tracking. seeMote Cap gives developers a practical way to bring real-world tool movement into spatial experiences for training, inspection, and hands-on learning."

Key Feature

• 6DoF Spatial Tracking — Real-time tracking of tool position, orientation, and motion.
• Lightweight & Mountable — Compact design for flexible attachment to different tools and objects.
• Open Developer Resources — including .referenceaccessory files, USDZ models, Apple Vision Pro app sample code, and Swift SDK support. All are available on the DFRobot Wiki, helping developers build and customize spatial applications.

Use Cases

seeMote Cap brings real tools into spatial computing across training, simulation, education, and skills development.

Industrial Maintenance & Assembly Training
Capture tool movement as an input for training applications that guide maintenance and assembly workflow.
Medical Simulation & Training
Track training instruments in non-clinical simulations for interactive training and skill assessment.
Teaching Models & Lab Instruments
Turn hands-on experiments into trackable, interactive learning experiences.
Vocational Training & Skill Assessment
Capture operating sequences to support practical skills training and assessment.

Built for visionOS Developers

seeMote Cap supports Apple's Spatial Accessory API for integration with visionOS. DFRobot also provides open developer resources to help developers build and customize their own spatial applications.

seeMote Cap is now available for preorder at $229, with first orders beginning to ship in late September 2026. For product specifications, developer resources, and purchasing information, visit the DFRobot website.