Entering its fourth edition, the APAC Wind Energy Summit 2026, the leading regional commercial event for the wind power industry, will take place from June 9-11, at the National Convention Centre in Hanoi. The event is organised by the Global Wind Energy Council (GWEC).

Under the theme “Wind Powering Prosperity Across Asia-Pacific: Building Electrified Economies Through Wind Scale-Up and Supply Chain Expansion,” the three-day summit will feature two days of conference sessions and exhibitions, alongside dedicated networking activities, receptions and side events designed to foster strategic business connections across the industry.

The summit is expected to pull in more than 1,000 participants, including policymakers, industry leaders, project developers, investors and supply chain stakeholders from across the Asia-Pacific region and beyond. The event aims to create a high-level platform where focused discussions can generate future commercial partnerships and investment opportunities.

Focusing on the key trends shaping the future of the wind energy sector in Asia-Pacific, the APAC Wind Energy Summit offers organisations direct access to senior decision-makers, market intelligence and valuable business opportunities.

To provide further details on the programme and key priorities of the summit, a media briefing will be held tomorrow afternoon (May 26) at VIR's headquarters, featuring participation from:

• Bui Vinh Thang – Vietnam country manager, GWEC
• Nguyen Tuan – head of Commercial Division, PTSC
• Alessandro Antonioli – Vietnam country representative, Copenhagen Infrastructure Partners
• Ngo Tien Dat – Vietnam country director, Suzlon Energy
• Nguyen Ngoc Tu – Business Development director, IPC E&C.

The media briefing will highlight several key messages, including the role of the APAC Wind Energy Summit as a platform connecting policy, investment and technology; the emergence of offshore wind as a strategic pillar for energy security in Vietnam and the wider Asia-Pacific region; and the critical contribution of offshore wind to Net Zero commitments and the green energy transition.

The discussion will also highlight how offshore wind is creating opportunities for new industrial ecosystems and regional supply chain development.

Speakers are expected to explore how leading global wind energy companies can support Vietnam in effectively deploying offshore wind projects while helping to build a competitive domestic wind power supply chain.

The achievement reflects the company’s capabilities in brand building, differentiated marketing strategies, and long-term development vision in its journey to create sustainable value for Vietnam’s real estate market.

Edwin Tan, deputy CEO, Frasers Property Vietnam (centre), received the award on behalf of the company

Although FPV has been recognised multiple times within the Asia Pacific Property Awards system, this marks the first time the company has received an award in the industrial and logistics (I&L) segment. Notably, FPV’s I&L business was also among the few representatives from Vietnam recognised at this year’s awards, highlighting the increasingly prominent position of Vietnam’s industrial real estate sector regionally.

Beyond its branding significance, the award also reflects FPV’s capability to develop projects in line with international standards, as well as its ability to adapt and maintain a sustainable growth strategy amid ongoing global economic and geopolitical uncertainties. At the same time, recognition represents an endorsement from the international professional community for the company’s consistent development pursued over many years.

Being recognised within one of the region’s most prestigious real estate award systems not only reaffirms FPV’s marketing capabilities, but highlights its distinctive approach to product development, execution quality, and globally oriented strategic vision.

FPV’s I&L segment is gradually establishing a presence in the market through a sustainability-driven development strategy, underpinned by internationally recognised green certifications and the pioneering “Premium Estates” concept, a model designed to balance operational efficiency, environmental quality, and customer experience.

FPV also places tenants at the centre of its strategy through its Life-cycle Support services, accompanying businesses from initial setup and operational stages to future expansion and development.

Each of FPV’s projects is developed in line with industry-leading standards aimed at optimising operational efficiency, advancing environmental responsibility, and enhancing the quality of life for communities within developments. Its industrial parks are purpose-built to meet the rising demands of high-tech manufacturing and high-performance logistics sectors, which are playing an increasingly important role in the restructuring of global supply chains.

Flagship developments such as BDIP Premium Industrial Park, along with a series of northern industrial developments including Industrial Centre Yen Phong 2C, Industrial Centre Yen Phong Expansion, Industrial Centre Dong Mai, Industrial Centre Yen My, and Industrial Centre Thuan Thanh, are regarded as representative models of this development approach.

These developments feature thoughtfully planned spaces integrated with Industrial Service Centres (ISC), a relatively new concept in Vietnam’s market designed to support industrial lifestyles through a full ecosystem of amenities and services. Beyond serving operational requirements, the ISC model is intended to foster business communities, experts, and workers within industrial parks through service facilities, connectivity, and shared living spaces.

The model helps deliver a more holistic experience while opening up a new direction for industrial real estate development aligned with modern and sustainable standards.

Industrial Centre Yen Phong 2C is one of FPV’s projects to have achieved LEED Gold certification

Frasers Property is a multinational investor-developer-operator of real estate products and services. The Group is listed on the Main Board of the Singapore Exchange Securities Trading Limited and headquartered in Singapore, with total assets of approximately S$40 billion.

Frasers Property's multinational businesses operate across five asset classes, namely, industrial and logistics, retail, commercial and business parks, residential and hospitality. The Group has businesses in Southeast Asia, Australia, Europe and China, and its well-established hospitality business owns and/or operates serviced apartments and hotels in 20 countries.

In Vietnam, Frasers Property owns a diversified portfolio, including nearly one million square metres of industrial real estate located in strategic locations across both northern and southern Vietnam, with a strong focus on green development and standards.

The Asia Pacific Property Awards, part of the International Property Awards system, is one of the most prestigious real estate awards in the region and globally, backed by more than 30 years of history and a rigorous evaluation process.

Frasers Property Vietnam moves towards green real estate leadership Frasers Property Vietnam is on a journey towards sustainability and green real estate leadership, according to Edwin Tan, Deputy CEO and managing director for industrial and logistics for Southeast Asia.

Frasers Property Vietnam honoured at Hubexo Asia Awards Frasers Property Vietnam has once again been named among the Top 10 Leading Developers at the 2025 Hubexo Asia Awards, held in mid-June in Ho Chi Minh City.

Frasers Property Vietnam and SPX Express expand North–South logistics network Frasers Property Vietnam (FPV) and SPX Express have begun construction on a new automated sorting centre in Hung Yen province, underscoring their shared push towards sustainable logistics development.

The ministry has submitted to the government a draft decree detailing several provisions of the 2025 Law on Personal Income Tax, including a proposal to introduce deductions of up to $1,880 per year for medical and education-related expenses before personal income tax is calculated.

Under the draft, resident individuals earning income from salaries and wages would be eligible for deductions of up to $920 annually for domestic medical treatment expenses covered under the national health insurance scheme, and up to $960 annually for education and training expenses incurred for themselves and their dependents.

Resident individuals earning income from salaries and wages would be eligible for deductions of up to $960 annually for education and training expenses

According to the MoF, data from 2016-2024 shows that household spending on healthcare and education-training has risen sharply, reflecting improving living standards as well as a growing preference for long-term investment in human capital amid the development of the knowledge economy, sci-tech, innovation, and digital transformation.

Average healthcare spending reached roughly $140 per person per year, while average education and training expenditure stood at approximately $384 per person annually.

The MoF also noted that based on 2024 data, average annual healthcare spending by taxpayers and their dependents totalled approximately $816, while spending on education and training reached about $768.

According to the drafting agency, the introduction of these additional deductions would help ease tax obligations for citizens, particularly low- and middle-income earners, while also better reflecting the actual essential spending needs of households.

The MoF estimates that in cases where a taxpayer has one dependent and fully qualifies for all available deductions, the total deductible amount could approximate $12,295 per year, including family circumstance deductions as well as healthcare and education-training expenses.

Under the proposal, individuals earning around $1,120 per month would not yet be subject to personal income tax after insurance payments and applicable deductions are considered. Taxpayers with monthly income exceeding approximately $1,145 would begin paying tax at 5 per cent.

The ministry estimates that implementation of the new policy would reduce state budget revenue by around $307.9 million annually.

According to the MoF, international experience shows that many countries have adopted PIT deduction or exemption mechanisms for healthcare and education expenses to share the financial burden with households, encourage investment in human capital, and ensure social welfare.

However, deduction levels and implementation methods vary considerably among countries. Some nations do not provide a general deduction for dependents, instead integrating such support directly into healthcare and education deductions.

In Thailand, for instance, taxpayers are entitled to deductions of up to approximately $2,750 per year, while deductions for children under 25 years old are capped at roughly $1,380 annually for up to three children.

Thailand does not provide separate deductions for medical expenses but does allow deductions for health insurance and medical insurance premiums for parents.

Meanwhile, Malaysia applies a basic deduction of around $2,270 annually for taxpayers, while deductions for children range from approximately $505 to $2,015 per year depending on age and educational level.

In addition, taxpayers are eligible for deductions of up to roughly $2,520 annually for treatment of critical illnesses and around $1,765 for education and training expenses.

Le Xuan Truong, dean of Faculty of Taxation and Customs at the Academy of Finance, said that allowing additional deductions for healthcare and education-training expenses beyond the current family circumstance deduction demonstrates the state’s willingness to accompany and support taxpayers.

According to Truong, Clause 2, Article 11 of the 2025 Law on Personal Income Tax clearly stipulates that deductions are permitted for healthcare and education-training expenses incurred by taxpayers and their dependents, based on limits prescribed by the government.

“Looking at the overall picture, it is clear that the current tax policy system already contains multiple layers of support. Therefore, the additional deductions for healthcare and education proposed in this draft should be properly understood as supplementary support measures within the broader framework of existing taxpayer assistance and regulatory tools,” Truong said.

To avoid overlapping policies, the draft stipulates that deductible expenses must be supported by valid invoices and documentation. In particular, medical expenses must be accompanied by treatment records in accordance with regulations issued by the Ministry of Health.

The draft decree is expected to take effect from July 1, 2026, as per implementation of the 2025 Law on Personal Income Tax.

National Assembly reviews amendments to personal income tax law The National Assembly is reviewing amendments to the Law on Personal Income Tax that aim to lower key rates and create a more balanced, progressive tax structure.

MoF proposes 20 per cent tax on unlisted securities transfers The Ministry of Finance (MoF) has proposed a 20 per cent tax on income derived from capital transfers, including transactions involving unlisted securities.

MoF honing draft amending tax laws On April 20, the Standing Committee of the National Assembly met to discuss amending the Law on Personal Income Tax, the Law on VAT, the Law on Corporate Income Tax, and the Law on Special Consumption Tax.

Deputy Minister Ngoc welcomed and appreciated the presence of nearly 80 delegates representing around 50 enterprises and organisations from China and Hong Kong during their visit and working trip with Vietnam’s MoF.

Vietnam is currently pursuing new development, focusing on several priority industries and sectors while selectively choosing investors for key strategic projects. For enterprises interested in launching new investment projects in Vietnam, depending on the nature and scale of each project, the MoF stands ready to establish dedicated task forces to work directly with investors.

In addition to listening to business concerns and difficulties regarding ongoing projects in Vietnam that require support from the MoF and local authorities, the deputy minister encouraged the delegation’s enterprises to share their future investment plans aligned with Vietnam’s priority sectors, particularly projects related to green development and growth.

On behalf of the delegation, Choi said that the businesses within the delegation operate across a broad range of sectors, from traditional manufacturing, new materials and renewable energy to high-tech industries such as AI, data centres and healthcare.

The delegation therefore expressed interest in learning more about Vietnam’s policies and strategic direction for attracting foreign investment in high technology, AI, data centres, innovation and digital transformation.

They also sought updated information on mechanisms and policy directions for investors participating in Vietnam’s international financial centres, as well as opportunities for cooperation in pharmaceuticals, biotechnology and health sciences, and investment promotion mechanisms between Vietnam, China and Hong Kong.

Deputy Minister Ngoc noted that the world was entering a period marked by overlapping crises involving energy, technology, geopolitics and governance. In that context, economies such as Vietnam must make decisions that are prudent and bold.

She proposed that Sunwah Group, leveraging its reputation and influence, continue cooperating closely with the MoF, particularly through the Foreign Investment Agency and related departments, to organise investment activities, facilitate business connectivity, introduce investment opportunities and strengthen cooperation.

Such cooperation, she said, would help improve business competitiveness, boost technology transfer and support workforce development, especially high-quality human resources, thereby enabling Vietnamese enterprises to participate more deeply and effectively in regional and global value chains.

The deputy minister said "The MoF has recently received hundreds of expressions of interest regarding the establishment of international financial centres in Ho Chi Minh City and Danang. Around 38 organisations have already registered to become members of Vietnam’s international financial centres, including foreign banks, investment funds, securities firms and payment technology companies."

"The MoF hopes to see strong participation from Chinese and Hong Kong enterprises in these financial centres, with businesses continuing to serve as bridges connecting Vietnam’s International Financial Centres with Hong Kong as one of Asia’s leading global financial hubs," she added.

In addition, the deputy minister encouraged Sunwah Group to provide policy recommendations and advisory support related to investment mechanisms and the development of international financial centres. Such contributions, she said, would help Vietnam refine its institutional and legal framework, create a competitive, fair and transparent business environment aligned with international practices, and facilitate long-term investment activities in Vietnam.

She reaffirmed that Vietnam’s MoF remains committed to accompanying the business community and continuing to improve the investment and business environment in a transparent, stable and investor-friendly direction conducive to long-term investment.

Currently, China ranks sixth among 153 countries and territories investing in Vietnam, with the total registered investment capital reaching $35.87 billion across 6,725 projects in 19 out of 21 economic sectors. Meanwhile, Hong Kong ranks fifth, with total registered investment capital of $40.76 billion across 3,337 projects.

High-quality investment flows from China into Vietnam have grown strongly in recent years, focusing on manufacturing and processing industries, infrastructure, energy and high technology. At the same time, Hong Kong continues to play a strategic role as one of Asia’s leading international financial centres and an important gateway for international capital flows into Vietnam.

Looking ahead, investment cooperation between Vietnam, China and Hong Kong is expected to expand further into strategic sectors such as innovation, international financial centres, digital transformation, AI, green economy, clean energy and high-quality infrastructure development, fully aligned with Vietnam’s strategy of attracting selective, high-quality, efficient and sustainable foreign investment.

Shrimp exports hit $1.07 billion on strong China demand

China’s largest convenience store chain makes foray in Vietnam

China's Winner Medical breaks ground on new production base in Vietnam

Commissioner Zaharieva said, "Vietnam is emerging as a dynamic innovation partner with scientific and technological ambitions, a vibrant entrepreneurial ecosystem with outstanding talent. Together, we want to deepen our cooperation in science, technology, research and innovation, support young innovators and researchers, and create new opportunities for businesses and startups of both sides. The EU is a strategic and reliable partner in supporting Vietnam’s economic transformation, scientific excellence and technological autonomy.”

During her visit, she will highlight Horizon Europe, the EU’s flagship funding programme for research and innovation, and encourage new cooperation and investment opportunities between European and Vietnamese researchers, innovators, startups and businesses.

A key deliverable of the visit will be a commitment of the two partners to strengthen cooperation in the fields of science, technology and innovation by signing of a Letter of Intent between the European Commission, on behalf of the European Union, and Vietnam’s Ministry of Science and Technology.

The Letter of Intent will build the framework to strengthen research capacities, encourage exchanges on Horizon Europe and other research programmes, support researcher mobility and institutional capacity building, and facilitate joint training and research initiatives.

Commissioner Zaharieva will also exchange with high-level Vietnamese counterparts on strategic priorities and the implementation of a strengthened EU-Vietnam partnership in these areas.

In a Team Europe approach (the EU and its member states), the commissioner will also meet representatives of the European and Vietnamese private sector and startups ecosystem to exchange on technological challenges, investment opportunities and innovation-driven growth.

The EU is more than ever ready to scale up support for Vietnam’s twin transitions (green and digital) and promote investment opportunities around emerging technologies such as AI, semiconductors, 5G, space technology, and cybersecurity, among others.

EuroCham Whitebook positioning Vietnam for next wave of investment The European Chamber of Commerce in Vietnam (EuroCham) has launched the 17th edition of its Whitebook, a flagship publication supporting the effective deployment of landmark EU investments in the country.

EVFTA marks five years with nearly $300 billion in Vietnam-EU trrade Five years since its entry into force, the EU-Vietnam Free Trade Agreement (EVFTA) has catalysed nearly $300 billion in two-way trade, establishing Vietnam as the EU’s top trading partner in ASEAN and its 16th largest globally.

Vietnam, EU boost cooperation in science and technology Science, technology, innovation, and digital transformation are emerging as key pillars in Vietnam–EU relations, creating new opportunities for cooperation.

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• Up to 20% off room rates (15% off refundable rates; 20% off non-refundable rates).
• Full access to SBEC Juniors dining benefits.
• Tailored family experiences and activities customized by each local property.

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

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

The recognition comes in TDCX's 30th anniversary year and seven months after the company unveiled its refreshed brand and Enable the Future positioning. The new identity reflects TDCX's evolution into a global firm helping clients navigate digital and AI transformation with a combination of human expertise, intelligent technology, and operational precision.

Laurent Junique, founder and CEO of TDCX, said: "Outsourcing is shifting from cost arbitrage to capability arbitrage. The companies that win in this market will be the ones that combine deep human expertise with intelligent technology, and bring them together with judgment. Four consecutive years in the OA500 Top 50 says TDCX is doing that in a way the market recognizes."

Derek Gallimore, founder and CEO of Outsource Accelerator, said: "TDCX's fourth consecutive year in the OA500 Top 50 reflects something rare in this industry: sustained, disciplined execution paired with real strategic evolution. They've moved decisively beyond traditional CX into digital and AI-enabled service for some of the world's most demanding brands. As outsourcing shifts from headcount to outcomes, TDCX is one of the operators best placed to lead that transition."

The OA500 Index assesses BPO firms across criteria including global delivery footprint, online presence, employee sentiment, LinkedIn engagement, third-party analyst data, and operational benchmarks. With more than 20,000 employees across 37 campuses spanning Asia, Europe, and the United States, TDCX serves clients in digital advertising and social media, e-commerce, fintech, gaming, healthtech, media, technology, and travel and hospitality.

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

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

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

Recent Google search trends in Thailand show continued growth in interest for both asset classes. Gold trading-related searches such as "XAUUSD today" have consistently generated between 1,000 and 10,000 monthly searches over the past year, while cryptocurrency-related keywords including "crypto" have maintained similarly strong search volumes.

The trend is also reflected in internal traffic data from BrokersThai.com. Pages related to Forex brokers for gold trading generated more than 5,000 impressions over the last year, highlighting continued interest from Thai traders seeking reliable broker comparisons and trading cost information.

The data also reveals that cryptocurrencies like Bitcoin are no longer seen as just tools for quick gambling. Instead, users search for risk management, such as how to handle price drops and volatility, spike every time the stock market experiences volatility. This proves that traders are carefully weighing crypto risks against the steady safety of gold.

Justin Grossbard, CEO of BrokersThai.com, commented: "Thai traders are now interested in trading multiple assets, especially gold and Bitcoin, while paying more attention to trading costs and broker transparency. Many traders are carefully comparing spreads and execution speeds to reduce unnecessary trading costs as much as possible."

The findings indicate that Thai retail traders are adapting to uncertain market conditions by conducting deeper research before making investment decisions. Rather than choosing between gold or Bitcoin, many traders are now using both together — relying on gold to help preserve capital while viewing Bitcoin as a long-term growth opportunity.

For broker comparisons, visit: https://www.brokersthai.com

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During the period, Phancy achieved revenue of approximately RMB1.458 billion, representing a 35.4% year-on-year increase. Gross profit margin remained at 35.1%. Phancy leveraged its deep expertise in full-stack AI cloud services, to capitalize on the accelerating adoption of localized computing power and strong enterprise demand for AI solutions. The Company achieved robust growth in its core businesses, accelerated product innovation, and secured several major partnerships, sustaining strong operational momentum.

2026 First Quarter Business Highlights:

Unified Enterprise AI Platform Drives Explosive Core Business Growth

Global computing resources remain constrained, while demand for both private enterprise AI deployments and API-based model calls continues to grow rapidly. Phancy's enterprise-grade AI platform is built on a unified core architecture that seamlessly supports both API calling scenarios and dedicated private deployments. This significantly boosts AI application efficiency and resource utilization. Supported by a mature computing power supply chain developed over many years, Phancy's deployable computing power resources have increased by over 200%. This enables the Company to effectively meet surging Token demand and consistently deliver stable, high-quality AI services to its customers.

In the first quarter of 2026, API Token call volume surged nearly 6 times compared to the same period in 2025, and already accounted for nearly 40% of the full-year 2025 total. Meanwhile, the Agentic AI business expanded rapidly, with deepening commercial adoption. Orders on hand grew nearly 100% compared to the end of 2025, emerging as a major growth driver for the Company.

AI Technology Iteration Accelerates, Commercialization Beats Expectations

Building on its continued push into digital employee applications and AI empowerment across business units, Phancy has significantly shortened the product development cycle from R&D to commercialization, enhancing overall operational efficiency and customer satisfaction.

As of mid-May 2026, ModelHub XC has completed adaptation and optimization for over 70,000 AI models on domestic chips, achieving more than 70% of its full-year target - well ahead of schedule.

In May, Phancy launched PhanthyMovie, a professional-grade AI video generation platform designed to enhance creativity, control, and stability in video production, enabling standardized and large-scale content creation for the industry.

Leveraging its advanced technology and proven execution capabilities, PhanthyMovie achieved rapid commercial traction. Just days after launch, the Company entered into a strategic cooperation agreement with Huanxi Media, covering approximately US$200 million in AI Token usage. The two parties will also collaborate on the development of a next-generation AI-powered film and television content production platform, further strengthening Phancy's position in the AI-driven cultural and creative sector.

Core Products Align Closely with Policy Trends, Strengthening Compute-Model Integration

Since May 2026, China's AI sector has seen a series of positive policy developments focused on computing infrastructure, data element circulation, and open-source compliance governance. Phancy's core products, including HAMi vGPU and ModelHub XC, are well-aligned with national policy directions and mainstream industry trends.

In terms of computing resource allocation, policies emphasize cross-regional collaboration and broader access to computing power. Phancy's HAMi vGPU offers unified scheduling and fine-grained resource partitioning, effectively improving utilization rates, optimizing data center energy efficiency, and supporting unified management across multiple chips to boost single-card efficiency.

In data and model governance, the government continues to promote high-quality dataset development and compliance management. ModelHub XC supports multi-model adaptation and optimization, incorporates data traceability and security certification features to help enterprises reduce compliance risks, and uses the EngineX engine for batch adaptation of domestic chips and models. This significantly improves compatibility while enhancing Token output efficiency through targeted model tuning.

Through deep integration of its computing and model layers, Phancy has built a comprehensive "Compute–Model" integrated solution. This addresses key industry needs such as efficient computing utilization, secure data supply, enterprise compliance, and domestic substitution, while strengthening its technological moat. The Company is well positioned to capture policy dividends and industry opportunities, supporting enterprises in their digital and intelligent transformation.

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The programme is operated in collaboration with Impact Square, a South Korea-based organisation specialising in Open Innovation and environmental, social, and governance (ESG) initiatives, and a partner that has led various startup-corporate collaboration programmes across South Korea and Asia.

The two organisations have maintained an ongoing partnership through the KOICA IBS-ESG Initiative Programme to support startup investment and ecosystem development in Vietnam, and L-CAMP Vietnam 2026 is a key initiative under this programme.

Over the past few years, Vietnam has emerged as one of Southeast Asia’s fastest-growing startup ecosystems. However, one of the biggest challenges for growth-stage startups remains access to large corporate partners and real implementation opportunities at scale.

At the same time, large corporations are increasingly seeking faster and more flexible innovation models to adapt to changing market conditions and consumer behaviour. Startup collaboration is no longer viewed solely as ecosystem support, but as an important part of long-term corporate innovation strategy.

L-CAMP Vietnam 2026 is designed to serve as a bridge between Vietnamese startups and the Lotte ecosystem in Vietnam, creating opportunities for startups to directly collaborate with Lotte affiliates, pilot their products and services, and explore long-term business partnerships.

Lotte’s ecosystem in Vietnam currently spans multiple sectors including retail, commerce, F&B, hospitality, entertainment, logistics, technology, and real estate through affiliates such as Lotte Mart, Lotteria, Lotte Cinema, Lotte Hotel, Lotte Mall, and other Lotte companies operating in Vietnam.

Selected startups will have opportunities to collaborate directly with Lotte affiliates in Vietnam while receiving Proof of Concept grant funding support with a total budget of up to $80,000.

They will also gain access to mentoring and business support from Lotte’s network of experts and partners, as well as opportunities to connect with investors, strategic partners, and the broader South Korea–Vietnam innovation ecosystem. In addition, participating startups may explore future investment opportunities from Lotte Ventures Vietnam.

Unlike many traditional accelerator programmes, L-CAMP Vietnam focuses strongly on real implementation and business collaboration between startups and corporates, rather than only training or mentoring activities.

Huy Pham, managing director of Lotte Ventures Vietnam, said, “We believe the Vietnamese startup ecosystem is entering a more mature stage, where many startups already have strong products and clearer business models. What they increasingly need is not only capital, but also opportunities to work directly with large corporations to validate execution capabilities and scale their businesses. L-CAMP Vietnam was built to create those practical collaboration opportunities.”

The programme is primarily looking for startups that have already achieved early product-market fit in sectors including retail and e-commerce, AI and robotics, hospitality and entertainment, F&B and healthy food, proptech, logistics and supply chain, and other sectors with collaboration potential within the Lotte ecosystem.

Applications for the programme are open from May 11 to June 19. Following the selection phase, shortlisted startups will participate in the main programme from July to December, including collaboration planning with Lotte affiliates.

Lotte Rental enters Vietnam's car rental market Lotte Rental, South Korea's largest car rental firm, has launched a new service in Vietnam.

Lotte Global Logistics opens cold chain centre in Dong Nai On May 21, Lotte Global Logistics opened its Dong Nai Cold Chain Centre at Nhon Trach Industrial Park.

Lotte opens fourth duty-free in Danang South Korea's leading travel retail group Lotte Duty Free has opened a duty-free store in the centre of Danang.

Unveiled at the Alibaba Cloud Summit, Qwen3.7-Max is Alibaba's latest large language model, engineered for advanced agentic coding, complex reasoning, and long-horizon task execution. Qwen3.7-Max will be available soon for developers and enterprises worldwide.

To address surging compute and AI workload demands in the agentic era, Alibaba Cloud has also upgraded its infrastructure and model services. Key launches include the Panjiu AL128 Supernode Server, designed to empower scalable agent inference and large-scale model training, and an optimization update within Alibaba's model service platform that continuously refines model performance.

Additionally, T-Head, Alibaba's semiconductor design subsidiary, introduced the Zhenwu M890, its latest AI training and inference processor, featuring high-capacity memory, robust inter-chip bandwidth, and native FP4 precision support.

Qwen 3.7-Max: A Versatile Foundation Model for the Agent Era

Designed as a robust foundation for AI agents, Qwen 3.7-Max seamlessly handles code generation and debugging, office workflow automation, and complex multi-step tasks requiring hundreds or thousands of actions.

The model delivers exceptional agent capabilities across diverse domains. As a frontier-level coding assistant, it supports coding tasks from rapid frontend prototyping to complex, multi-file software engineering. To enhance office work productivity, it reliably orchestrates multi-agent workflows to tackle sophisticated operations. Notably, Qwen 3.7-Max can autonomously execute long-horizon agentic tasks—sustaining continuous operation for up to 35 hours and managing over 1,000 tool calls without performance degradation.

Deeply optimized for leading agent frameworks including OpenClaw, Hermes Agent, Claude Code, Qwen Paw and Qoder, it serves as a reliable backbone for different agent systems. The model achieves top-tier results across major benchmarks in coding, general-purpose agents, general capabilities and multilingualism, making it competitive with leading frontier models. It will be soon accessible through Alibaba's model service platform Model Studio for global developers.

Next-Generation Intelligent Computing and Enhanced Model Services

To empower scalable AI Agent inference and large-scale model training, Alibaba Cloud has launched the Panjiu AL128 Supernode Server, powered by the Zhenwu M890 AI processor and ICN Switch 1.0 networking chip. By tightly integrating 128 AI accelerators within a single rack, the system delivers single-rack bandwidth at the petabyte-per second (PB/s) scale, dramatically improving the handling of large-scale concurrent requests from agents.

The Panjiu AL128 is now available on Model Studio for the China market (or "Bailian"), enabling Chinese enterprises to efficiently address training and inference demands across sectors.

To optimize performance, Bailian has introduced Agentic RL, a reinforcement learning mechanism powered by agent execution feedback, to drive continuous model iteration. Bailian also features built-in safety governance capabilities, ensuring that autonomously operating agents always remain within defined boundaries.

T-Head's Latest Chips and Software Stack for AI Training and Inferencing

T-Head's latest AI accelerator, the Zhenwu M890, delivers three times the performance of its predecessor Zhenwu 810E. Zhenwu M890 features 144 gigabytes (GB) of GPU memory and 800 GB per second of inter-chip bandwidth. The chip natively supports multiple data precision formats, ranging from FP32 (32-bit floating-point) down to FP4 (4-bit floating-point), supporting both high-precision model training and ultra-low-precision model inference. These capabilities make it exceptionally well-suited for complex agentic AI workloads, which demand extensive working memory for context retention, high-speed communication for multi-agent coordination, and low-precision computing to maintain rapid execution while reducing cost. The chip is built on T-Head's proprietary parallel computing architecture and utilizes its custom ICN (Inter-Chip Network) interconnect protocol.

Alongside the accelerator, T-Head unveiled the ICN Switch 1.0, a dedicated switching chip designed to create high-bandwidth, low-latency scale-up networks for compute clusters. It delivers up to 25.6 Tbps of aggregate bandwidth and achieves extreme low latencyand congestion-free communication. By pairing the Zhenwu M890 with the ICN Switch 1.0 chip, it enables full-bandwidth interconnection across 64 accelerators, significantly boosting the computational efficiency and stability of large-scale intelligent computing. T-Head also unveiled its proprietary software stack, T-Head SAIL™, to unleash the full computational potential for its chips.

T-Head has achieved widespread industrial adoption of its proprietary AI chips, with over 560,000 Zhenwu units delivered to date. More than 400 external customers across 20 industries, including leading automakers and financial services companies, have deployed the chips to power intelligent operations.

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Strong Rankings and Asia Golfing Trend Underscore Forest City's Readiness for Increased Demand

According to Forest City Golf Resort, it hosted more than 100,000 golfers in 2025. Driven by national and state campaigns and expected rising interest in golf, 2026 is expected to see continued growth in visitor arrivals, especially among recreational and leisure-focused golfers.

Visit Malaysia 2026 and Visit Johor 2026 are complementary, government-led tourism campaigns designed to stimulate inbound and domestic travel through coordinated promotion, marquee events, and service enhancements across key gateways and destinations. With ambitious targets — Visit Malaysia 2026 aims to attract 47 million tourists and generate RM147.1 billion in tourism receipts, while Visit Johor 2026 targets 12 million visitors and an estimated RM42 billion in economic impact by year-end — these initiatives are expected to drive increased demand for hospitality, events, and leisure around Forest City SFZ throughout 2026.

Meanwhile, Asia has seen a growing interest in golf participation and travel. Urban driving ranges and family-oriented mini-golf are broadening entry points to the game, and independent data from the R&A, one of the two governing bodies globally determining the rules of golf, revealed in 2024 that Asia leads the global golf population ahead of Europe, Canada, and all other R&A affiliated regions (excluding the US and Mexico, which are affiliated with the USGA). International golf travel into Asia is also growing, with Southeast Asia in particular strengthening its position as one of the most attractive regions for golf tourism due to championship courses, quality hospitality, and diverse cultural experiences — signalling a broad-based upswing supported by participation growth, investment, and tourism.

Against this backdrop, with the Forest City Classic Course ranking No. 36 in Asia and No. 1 in Malaysia for 2026, the resort is well positioned to translate demand into stay-and-play bookings, corporate golf events, and family getaways. Forest City Golf Resort also recently won the 2025 Agoda Gold Circle Award, reinforcing its appeal as an integrated golf-and-hospitality proposition designed to support stronger occupancy, longer lengths of stay, and higher per-guest spend through 2026.

Classic and Legacy Courses Anchor Forest City Golf Resort: Seven Years, One Consistent Verdict

Forest City Golf Resort in Johor, Malaysia, offers two 18-hole championship courses: the Classic Course, designed by veteran course architect Liang Guokun, and the Legacy Course, a signature collaboration between Jack Nicklaus and Jack Nicklaus II. Both have achieved strong rankings in Asia.

Co-hosted by the Chinese and Korean editions of Golf Travel magazine since 2016, the Asia Top 100 Golf Courses ranking evaluates course design, playability, landscape aesthetics, and technical difficulty. The Classic Course first entered the list in 2018 and has maintained an unbroken presence through 2026.

In 2026, the Classic Course placed No. 36 in Asia — an improvement of 14 places. Within Malaysia, three courses were recognised; Forest City ranked No. 1 nationally, with the others at No. 55 and No. 73.

Forest City views this sustained recognition as evidence of relentless operational refinement and consistent course quality. In a competitive ranking where many venues rotate in and out, seven consecutive appearances reflect consistently high professional standards in design, conditioning, and the playing experience, as well as a deep commitment to achieving higher levels of excellence.

Course Design Philosophies: Return to Nature, Calibrated Challenge

Forest City Golf Resort's 36 holes present complementary architectural signatures at international championship standard.

The Classic Course, by veteran architect Liang Guokun, exemplifies his "Return to Nature" philosophy through multi-layered landscapes, sculpted bunker lines, and lake vistas integrated strategically across every hole. The lakes form part of the course's water management system, delivering visual drama and functional sustainability in tandem. Liang's standing is independently validated: both the Classic Course and his Holiday Island Golf Club feature in the 2026 Asia Top 100.

For golfers, the Classic Course translates design intent into experience: each shot invites thoughtful decision-making, rewarding precision and course management while immersing players in a carefully composed natural setting. The result is a round that challenges skill and strategy while offering a sense of progression through a living landscape.

The Legacy Course, a signature collaboration between Jack Nicklaus and Jack Nicklaus II, adds a distinct counterpoint. This rare father-and-son design balances calibrated challenge with aesthetic appeal, catering to players who seek a different test from the Classic Course while maintaining championship credentials.

Both the Classic and Legacy courses are GEO Certified, underscoring verified environmental stewardship rather than self-declared claims. In 2025, Forest City Golf Resort hosted several major tournaments and welcomed more than 100,000 golfers, confirming the venue's role as an active stage for diverse styles of play as well as an exceptional destination for visiting golfers.

Beyond the Courses: Forest City as a Golf Tourism Destination

Forest City Golf Resort operates as an active international competition venue as well as a premier leisure destination. Its regularly held tournaments and growing visitor numbers underscore consistent utilisation throughout the year. These metrics also complement the Asia Top 100 recognition and reflect the resort's capacity to stage events at scale while maintaining a high-quality guest experience.

Set within Forest City's wider leisure ecosystem, the resort benefits from approximately 4 km of coastline, curated mangrove boat tours, sea-fishing, and year-round food and beverage options. This natural and amenity-rich setting supports repeat visitation: close enough to Singapore for convenient access and continually evolving to reward the return visit with rich and diverse experiences and itineraries.

Beyond golf, Forest City Golf Resort has secured nearly 20 industry accolades since 2018, contributing to Forest City's portfolio of more than 40 international awards overall. For organisers, these third-party validations, combined with proven MICE infrastructure and cross-border connectivity, translate into a reliable platform for corporate golf days, incentive travel, and multi-event calendars — breathtaking for the new, heartwarming for the familiar.

Resort Overview

• Location: Forest City, Johor. Approximately 2 km from Singapore at the closest point.
• Access: Approximately 40 minutes' drive to Singapore's CBD via the Second Link Crossing (travel time subject to traffic).
• Accommodation: Forest City Golf Hotel (five-star; recipient of 2025 Agoda Gold Circle Award) and garden villas. Golf Villa show units renovated with a "limitless space," intended for groups and families.
• MICE and corporate: Conference and event facilities available for corporate golf days, incentive travel, and board-level meetings. Catering and breakout spaces available.
• Visitor volumes (2025): More than 100,000 golfers visited; among Malaysia's most visited golf clubs.
• Booking: Tee times, stay-and-play packages, and corporate event enquiries are available via the official site at https://fcgolfresort.com/.

Looking Ahead: Consistency as a Competitive Advantage

Sustained recognition in the Asia Top 100 reflects consistent investment in course quality, operations, and environmental management (including ongoing GEO certification) — commitments Forest City Golf Resort expects to carry forward through 2026 and beyond. As the Visit Malaysia 2026 and Visit Johor 2026 campaigns take effect, the resort anticipates stronger demand across stay-and-play bookings, corporate events, and family leisure. These conditions, combined with its proximity to Singapore and integrated amenity offering, strengthen Forest City's value proposition as a golf tourism destination and integrated resort platform for golfers, organisers, and long-term stakeholders alike.

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

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

1. Mainstream "Social and Emotional Learning" (SEL): Integrate SEL into the regular school curriculum to strengthen students' ability to manage and articulate their emotions.
2. Promote "Positive Parenting" through Home-School Cooperation: Implement comprehensive Positive Parenting initiatives to develop disciplinary communication skills and foster empathy within parent-child interactions.
3. Enhance Mandatory Reporting Training: In relation to the Mandatory Reporting of Child Abuse Ordinance, training for professionals should be strengthened to include content on "identifying psychological abuse", supported by real-life case studies to help frontline staff clarify reporting criteria and enable timely intervention.

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

Under the draft revised Law on Support for Small and Medium-sized Enterprises (SMEs), the ministry proposed additional mechanisms encouraging credit institutions to expand lending to SMEs through more diversified forms of collateral.

Accordingly, beyond tangible assets such as property, businesses could use future assets, property rights, intellectual property, digital assets, and virtual assets to secure loans.

The proposal also encourages banks to provide financing based on credit ratings, business plans, market expansion strategies, and corporate cash flows.

According to the Ministry of Finance (MoF), the policy aims to unlock resources for the private sector, with priority given to SMEs and technology startups in line with Resolution 68 of the Politburo.

SMEs are defined as enterprises employing no more than 300 workers on average annually and generating total revenue of below $15.4 million.

The ministry estimates that SMEs account for more than 98 per cent of businesses in Vietnam, but currently access only around 19-20 per cent of total outstanding credit.

Most SMEs continue to face difficulties in obtaining financing as banks largely require collateral under traditional lending standards, particularly real estate assets.

Meanwhile, many technology startups derive much of their value from software, customer data, algorithms, brands, and digital assets, which have yet to gain broad recognition within lending activities.

The law has been in force for eight years. However, several provisions are no longer considered suitable under Vietnam’s current two-tier local government model, while some regulations have already been incorporated into other specialised laws.

The MoF said the revision aims to align the legislation with newer regulations covering investment, business activities, innovation, digital transformation, and green transition.

Drawing on international experience, the ministry noted that most major economies regard SMEs as the backbone of economic growth.

The revised law is expected to be submitted to the National Assembly in October. If approved, it is scheduled to take effect from July 1, 2027.

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AI banking reshapes future of finance

The initiative was announced on May 25. The Sustainability and Transition Credit Facility will offer financing to eligible mainland China businesses across sectors including clean power, electrification of transport, data centres, and AI.

The facility reflects HSBC’s focus on supporting companies to transition and enable innovation, growth, and opportunity, according to the bank.

China accounts for about 47 per cent of global cleantech exports and roughly two-thirds of global solar and battery exports. Global electric vehicle sales are expected to reach 26 million in 2026, while electricity use from data centres is projected to nearly double from 485 TWh in 2025 to 945 TWh by 2030.

This expansion is supported by the ASEAN-China Free Trade Area 3.0 Upgrade Protocol, signed during the 47^th ASEAN Summit in Kuala Lumpur last October. The agreement extends China-ASEAN trade cooperation into the green economy, digital economy, and supply chain connectivity for the first time

Vietnam stands to benefit from increased availability of clean energy technologies, as 91 per cent of new wind and solar projects commissioned in 2024 were cheaper than the cheapest available fossil fuel alternative globally.

At the 48^th ASEAN Summit on May 7-8 in the Philippines, the region’s leaders reiterated their commitment to accelerating the development of the ASEAN Power Grid and a more integrated, secure, and sustainable energy future.

Vietnam presents a significant opportunity within this initiative. Renewables accounted for nearly 28 per cent of the country's total installed power capacity in 2025, while EV sales penetration reached approximately 40 per cent – one of the highest in ASEAN and among the fastest adoption rates globally.

Decision No.768/QD-TTg on national power sector development projects total investment of $134.3 billion in power generation and transmission by 2030, creating substantial demand for clean energy technologies and battery materials.

As companies in China look to expand internationally to meet demand, HSBC’s new facility aims to help bring clean technologies and solutions to market more efficiently, contributing to decarbonisation efforts across the globe. HSBC will extend credit limits for eligible companies, streamline credit approvals, and develop tailored financial solutions to meet individual business needs.

Tim Evans, CEO and head of Banking, HSBC Vietnam said, “Vietnam's clean energy transition is happening at pace and at scale right now. The country's rapid EV adoption, its ambitious power development targets, and its growing openness to sophisticated foreign investment make it a compelling destination for Chinese clean energy companies looking to expand internationally. HSBC is uniquely positioned to support that flow of capital and technology, and this facility strengthens our ability to support this important trend.”

Natalie Blyth, global head of Sustainable Finance and Transition, HSBC said, "China is home to some of the world’s most dynamic low-carbon companies. These businesses are setting new benchmarks in high-end manufacturing while playing a vital role in transforming the transition ecosystem."

“As they scale internationally, they need financial partners with the global reach and expertise to support them. This facility is designed to do exactly that – and no bank is better placed than HSBC to help clients find, access and navigate growth opportunities across global ecosystems,” Blyth added.

HSBC forecasts Vietnam's GDP growth to hit 6.7 per cent in 2026 HSBC has said it expects Vietnam's GDP growth to hit 6.7 per cent this year, down from an 8 per cent expansion last year.

HSBC arranges $200m syndicated loan for GELEX Infrastructure HSBC Vietnam has arranged a $200 million syndicated term loan for GELEX Infrastructure, marking the company's debut offshore US dollar financing.

HSBC and EFA support Nutifood with VND800bn bridge HSBC Vietnam on May 18 announced a five-year VND800 billion ($31 million) financing facility for Nutifood Nutrition Food JSC to fund construction of a pedestrian bridge across the Saigon River in Ho Chi Minh City, backed by a 90 per cent guarantee from Export Finance Australia (EFA).

The move follows Nissha's decision to acquire a 60 per cent stake in USM Healthcare, as announced in January.

The company has positioned the medical market as one of its priority markets and is working to achieve business expansion through company-wide efforts, with the company having set its sights on the areas of medical devices, pharmaceuticals, and healthcare products.

USM Healthcare manufactures and sells products such as stents used in cardiology (devices used in catheter-based treatments that are minimally invasive) and devices used in orthopaedics. It has a vertically integrated system in place which encompasses processes spanning from product design and development to regulatory approval, manufacturing, and sales, giving the company a competitive edge in terms of pricing.

As Vietnam’s only domestic manufacturer in the stent field, it has continued to grow in recent years on the back of preferential policies aimed at domestic medical devices in Vietnam, and further expansion is expected going forward. Drawing on this vertically integrated system, USM Healthcare also provides contract design/development and manufacturing organisation (CDMO) for medical device manufacturers.

The medical devices market in Southeast Asia is rapidly expanding against the backdrop of economic development and improved standards of medical care. With a focus on the US, the company has previously aimed to expand its business regarding CDMO for medical devices. Through this acquisition, the company has newly acquired a business platform for medical device manufacturing in Southeast Asia.

Taking full advantage of the Nissha Group’s customer bases in the US and Japan, the group’s knowledge on design, development and manufacturing in relation to CDMO for medical devices, as well as its quality management, the company will proceed with strengthening the existing businesses of USM Healthcare and making them more efficient while also encouraging geographic expansion in Southeast Asia.

Nissha acquires majority stake in Vietnam medical device maker Japan’s Nissha Group is strengthening its footprint in Vietnam’s medical devices sector through a majority acquisition of a Ho Chi Minh City-based manufacturer.

US businesses eye opportunities in Vietnam healthcare US businesses are seeking opportunities for cooperation with the private sector, including issues related to the list of drugs covered by health insurance, and food safety.

Rising healthcare costs highlight need for Alpro's Carepass preventive plan Alpro introduced CarePass, an RM99 annual healthcare pass in Malaysia, as rising healthcare costs and chronic health risks highlight the urgent need for preventive care and early monitoring.

TICA, founded in 1991, focuses on air cleanliness and high-efficiency cooling applications. It achieved 30.3% global business growth in 2025 and holds a leading market share in China. With professional expertise in high-precision air treatment, TICA serves more than 7,000 hospitals, 5,000+ GMP-certified pharmaceutical plants, 3,000+ semiconductor & electronics manufacturing enterprises and 1,000+ new energy companies across 100+ countries.

Rooted in Vietnam for over 10 years, TICA has built a local branch and a full localized team covering sales, technical support and after-sales service. The company excels in semiconductor and electronics manufacturing, delivering ultra-clean air and precise temperature-humidity control critical for chip production. TICA's renowned reference projects include Infineon and Western Digital across Southeast Asia, together with Foxconn and Ho Chi Minh City Children's Hospital in Vietnam. These achievements firmly establish TICA's leading position in high-end manufacturing, semiconductor applications and critical infrastructure across the region.

At the event, TICA launched two key new product lines: the VRF Industrial Large-Space Series for modern factory environments and ESG upgrading, and the high-efficiency Chiller Series for energy-saving retrofitting projects. These new solutions directly respond to Vietnam's urgent demand for industrial upgrading, infrastructure expansion and low-carbon transition.

With a long-term strategic focus on Vietnam and Southeast Asia, TICA will deepen its regional footprint and strengthen collaboration with local partners. Leveraging global technology and on-the-ground service capabilities, the company will deliver professional full-lifecycle support to help enterprises enhance efficiency, meet ESG objectives, and achieve sustainable growth, jointly creating win-win value for Vietnam's industrial and green development.

Heat Challenge in Vietnam

For many Vietnamese households, finding this "ideal" experience is a necessity born from a rapidly changing climate. Over the past months, Vietnam has experienced abnormal heat surges even before the traditional peak season. Local reports show temperatures rising sharply across the country, putting pressure on families to rely on air conditioning for longer hours each day. At the same time, electricity costs have become a major worry. In 2025, more than 3.2 million households saw their electricity bills jump by 30% or more in a single month. With 2026 expected to be even hotter, consumers are more determined than ever to find cooling solutions that balance comfort and efficiency.

This shift in climate and cost has reshaped what Vietnamese families expect from an air conditioner. People want strong cooling power to handle extreme heat, high energy efficiency to manage rising bills, and smart, low‑maintenance features that make daily life easier. Midea Celest has quickly gained attention because it delivers on all these needs with technology designed for real-world living.

Inverter Technology for Efficient, Stable Cooling

At the heart of Midea Celest's appeal is its advanced Inverter Technology, engineered for sustained operational efficiency. Unlike traditional non‑inverter models that constantly turn on and off, wasting energy in the process, the inverter system keeps cooling steady and efficient.

This engineering excellence reflects Midea's global leadership, with the company ranked as the world's No.1 inverter and the world's No.1 air conditioner brand.

For users, this means a cooler home with less electricity wasted. The inverter system also cools faster and maintains temperature more precisely, creating a smoother, more comfortable experience throughout the day and night.

AI ECOMASTER: Giga‑Data Intelligence for Efficient Energy Saving

Another major highlight is AI ECOMASTER, Midea's intelligent control system powered by one of the largest operational data sets in the industry. This technology constantly analyzes multi-dimensional sources, including indoor and outdoor conditions, weather forecasts, and real‑time AC operational data. Every 30 seconds, the system predicts what the room will need next based on shifting environmental factors and user historical preferences, and adjusts the AC's performance. The result is a stable temperature maintained around the set point, with minimal fluctuation (verified at ±0.3°C).

Traditional air conditioners often struggle to keep the temperature exactly where the user wants it. They frequently overshoot or undershoot the set point, which leads to noticeable fluctuations instead of staying within a tight range around the target temperature, causing energy waste. By minimizing these fluctuations to within ±0.3°C, AI ECOMASTER reduces unnecessary energy consumption and saves extra 30% energy compared with normal modes.

AI ECOMASTER offers a balance between cooling comfort and energy saving needs. The air conditioners satisfy users' needs and adapt to daytime heat spikes or nighttime cooling requirements entirely on their own with AI ECOMASTER, removing the need for manual remote adjustments. It bridges the gap between high-performance cooling and energy conservation, allowing for a premium home environment where comfort is maintained intelligently and silently in the background.

COOLFLASH: Rapid Cooling When It Matters Most

When the heat becomes unbearable, COOLFLASH offers instant relief. With just one press, the AC can lower the room temperature by 5°C in just 10 minutes. With a comprehensive upgrade across both hardware and software, COOLFLASH is enhanced in multiple dimensions. Most notably, an optimized airflow distance works together with an expanded swing angle to deliver wider and more even cooling distribution. The system is engineered to project airflow as far as 8.1 meters, creating a powerful circulation that reaches even the furthest corners of a living area.

Whether someone has just returned home from scorching outdoors or needs quick comfort during peak heat hours, COOLFLASH delivers immediate cooling power.

Prime Guard: Long‑Lasting Protection in Harsh Conditions

Durability is the key focus for Midea Celest, especially in Vietnam's humid, coastal environments. The most important feature of Midea's Prime Guard is the HYPER GRAFPINS technology. Designed for enhanced corrosion resistance, HYPER GRAFPINS has been verified against multiple international test standards, demonstrating corrosion levels of less than 0.02% after rigorous UV and salt spray testing, equivalent to 12.5 times stronger protection than conventional, blue-coated fins. It is also capable of withstanding up to 1,500 hours of neutral salt spray test, highlighting its suitability for coastal and high-humidity regions. Depending on operating conditions, the corrosion-resistant fins are engineered to deliver a service life of 20 to 50 years.

I-Clean: Deep Frost-Cleaning for Fresher Airflow

The I-Clean system uses a 42-minute frost-cleaning cycle to keep the indoor unit clean. The process begins by generating condensed water on the evaporator surface, followed by rapid cooling to below -10°C to create frost to trap dust and bacteria, which is then melted away to deep-clean the unit. Finished with a drying phase to prevent mold, this process ensures the AC consistently delivers fresher, cleaner airflow while maintaining optimal performance.

Midea Celest as An Ideal Partner

As Vietnam enters another challenging summer, by integrating Inverter Technology, AI ECOMASTER, COOLFLASH, Prime Guard, and I-Clean, the Midea Celest stands as a top contender in national discussions regarding high-performance cooling. This suite of advanced features ensures that homes remain consistently cool and energy-efficient, setting a new standard for reliability throughout the 2026 summer season. The "Reliable Cooling Guaranteed" Midea Celest is establishing itself as the "Ideal AC" for households seeking comfort, savings, and peace of mind.

To learn more, please visit:

Website: https://www.midea.com/vn

Kids' clubs at hotels offer numerous benefits for families, providing a safe and engaging environment for children while parents enjoy some much-needed relaxation. Beach destinations like Phuket and Bali are particularly appealing, as they often feature additional amenities such as kiddy pools. Meanwhile, major capitals like Ho Chi Minh City and Kuala Lumpur also present excellent options, offering diverse attractions that cater to the whole family.

Agoda reveals the top destinations with the most kids' club hotel facilities available for families traveling with toddlers this summer:

1. Phuket, Thailand: Known for its stunning beaches and family-friendly resorts, Phuket offers a plethora of activities for children. The island offers a large selection of hotels with kids' clubs that provide engaging programs, allowing parents to unwind while their little ones are entertained. With its sunny beaches and exciting water activities, Phuket is a top choice for families seeking both adventure and relaxation.
2. Goa, India: This coastal paradise in India is renowned for its laid-back atmosphere and welcoming hospitality. Families can enjoy the sun-kissed beaches while kids participate in fun activities at the hotel's kids' club. Goa's rich history and diverse cuisine add to its appeal, making it a delightful destination for families.
3. Ho Chi Minh City, Vietnam: As a bustling metropolis, Ho Chi Minh City offers modern attractions and cultural experiences alike. Families can explore the city's vibrant markets and historical sites, while kids enjoy the engaging programs at the hotel's kids' clubs. The city's warm climate and delicious local cuisine make it an inviting destination for families.
4. Bali (Indonesia): Known for its lush landscapes and serene beaches, Bali is a haven for families seeking a tropical escape. The island's resorts often feature kids' clubs with a variety of activities, ensuring children are entertained while parents relax. Bali's combination of cultural richness and natural beauty provides a captivating backdrop for family vacations.
5. Kuala Lumpur (Malaysia): Kuala Lumpur offers a wide range of attractions for families. From interactive museums to picturesque parks, there's something for everyone. Hotels with kids' clubs provide a safe and fun environment for children, allowing parents to explore the city's diverse offerings with peace of mind.

Krishna Rathi, Associate Vice President at Agoda, shared, "Finding the right hotel can go a long way to help ensure the family vacation is stress-free from start to finish. Agoda's user-friendly filters make it a breeze for families to find accommodations that match their preferences. Whether it's a kids' club, a kiddy pool, or other family-friendly amenities, Agoda helps families create unforgettable vacations with ease."

Travelers can use Agoda's family-friendly filters and search tools to browse over 6 million properties, more than 300,000 activities, and over 130,000 flight routes all bookable in a single place for a seamless connected trip. Discover the best deals on Agoda's mobile app or visit Agoda.com for more.

The collaboration gives X Star a firmer technical footing for its next generation of AI applications. It allows the company to deliver AI-powered solutions across financial services, automotive and intelligent marketing in a more stable, scalable and real-time way, supporting clients wherever they choose to operate.

Building a Stronger Foundation for Global Deployment

Reaching customers across international markets places real demands on infrastructure. Working with Google Cloud, X Star can improve model deployment efficiency, enhance throughput and optimise costs, three priorities that matter as the company scales. That foundation underpins the reliable delivery of X Star's self-developed models and Agentic AI framework, and gives clients in financial services, automotive and intelligent marketing the confidence that solutions will perform consistently at scale.

Advancing Agentic AI for Complex Business Workflows

X Star is exploring deeper integration with Google's Gemini models to enhance the capabilities of its AI agents, including reasoning, multimodal understanding, and task orchestration. The aim is to support complex, multi-step business processes with greater reliability and contextual understanding.

These enhanced agent capabilities are expected to further strengthen products such as Xport and other AI-driven solutions, enabling more intelligent interactions, faster decision-making, and more seamless workflow execution. The intention is for these systems to operate smoothly across the entire business journey, supporting clients from the first interaction through to the final outcome.

Expanding a Global AI Marketing and Customer Growth Ecosystem

X Star and Google Cloud are also looking at broader opportunities across the Google ecosystem, including potential synergies with Google Ads and related marketing technologies. The thinking is to pair X Star's AI-powered growth and conversion capabilities with Google's global advertising and distribution ecosystem.

For clients in the automotive and financial industries, that combination is designed to improve customer acquisition efficiency, lift conversion performance and build more intelligent end-to-end marketing workflows. It also creates new opportunities for businesses looking to scale customer engagement and expand into global markets.

Looking Ahead

The collaboration brings together X Star's self-developed AI models and deep industry focus with Google Cloud's computing infrastructure and ecosystem reach. As X Star continues to grow its presence in financial services, automotive and intelligent marketing, this partnership offers a dependable platform for delivering Agentic AI to clients around the world.

www.xstar.sg