According to the MoIT, adjusting the PDP VIII is one of the important solutions to ensure electricity supply during 2027-2030 and beyond.

The ministry stated that coal-fired thermal power projects require a long time for investment preparation and implementation. The construction process, from the time an engineering-procurement-construction contractor is selected, is at least 36 months. Therefore, early adjustment of the plan will create a basis for the projects to proceed with the next steps, ensuring power generation progress in the 2029-2030 period.

The ministry requests the people's committees of cities and provinces to provide feedback on the draft revised PDP VIII - Phase 1, which includes a plan to replace the delayed gas-fired power plants approved in prime ministerial Decision No.768 dated April 15, 2025, with coal-fired power plant projects to ensure electricity supply in the following years.

The replaced projects will be considered for operation in the 2031-2035 period. Local authorities are also requested to commit to meeting the operational schedule of the replaced projects and to bear full responsibility if there are delays, affecting electricity supply.

The MoIT requests their opinions based on their functions, duties, and scope of management. The State Bank of Vietnam is requested to clarify its ability to mobilise investment capital for the planned adjustments and additions to the power plant plan.

The Ministry of Agriculture and Environment and the Ministry of Foreign Affairs are requested to provide opinions on the development of new coal-fired power plant projects based on the principles outlined in Conclusion No.18-KL/TW, signed by Party General Secretary To Lam on April 2, the 14^th Central Committee of the Communist Party of Vietnam, at its second plenum, approved the socioeconomic development plan for the 2026-2030 period, and related strategies, plans, and projects.

Corporations and companies are also requested to provide opinions according to their functions, duties, and scope of management. In particular, Vietnam National Coal and Mineral Industries Holding Corporation Limited and the Dong Bac Corporation are required to provide opinions on the domestic coal supply capacity for the planned additional coal-fired power plants in case there are replaced coal-fired projects.

Regarding other power sources such as wind power, solar power, and biomass power, the MoIT will continue to coordinate with localities to review the implementation progress year by year, and calculate adjustments to the structure and portfolio of projects if necessary.

Petrovietnam, PV GAS and Nebula Energy partner on LNG-powered data centre On July 28, Petrovietnam, PV GAS and Nebula Energy signed a cooperation agreement to explore an integrated data centre utilising LNG infrastructure at Vung Ang Economic Zone, Ha Tinh.

Investors in $2.2 billion Quynh Lap LNG project assigned urgent missions Nghe An People's Committee requires the consortium of investors of the Quynh Lap LNG thermal power plant to complete certain urgent missions in September to accelerate the project.

Land clearance contract for new thermal power plant to be signed Nghe An People's Committee require the consortium of investors in the Quynh Lap LNG thermal power plant to sign the land clearance contract with the local authorities before September 25.

JBIC considers new financing options for Vietnam’s energy projects Vietnam’s substantial capital requirements for achieving high economic growth are driving efforts to diversify domestic and international funding channels. The Japan Bank for International Cooperation has expressed its readiness to support Vietnam in energy and infrastructure projects, as well as efforts to raise capital in international markets.

LNG power plant projects risk falling behind schedule Of the 18 liquefied natural gas (LNG) power plant projects with a total capacity of over 20,000 MW, only two have commenced construction, and only the Hiep Phuoc LNG project is assessed as likely to be on schedule.

Electronic Tripod Vietnam Co., Ltd. (TVC) proposes several infrastructure recommendations in the industrial park (IP) to ensure smooth factory operation and provide the company with confidence in its long-term investment plans.

“The first demand is a stable power supply. Because the South has frequent thunderstorms, TVC nvested in underground power cables to minimise the risk of lightning strikes on power lines. However, if thunderstorms affect the substation at the power source, the automatic protection system can still trip, causing short-term power outages. Meanwhile, for high-tech component manufacturing, instantaneous power interruptions can also cause equipment to automatically shut down, resulting in product losses and time-consuming restoration," said Lu Cheng Ming, general director of TVC at a seminar organised in Ho Chi Minh City on September 28.

"Therefore, the company hopes that the power company and the IP developer will review the lightning protection system of the substation and the protection equipment at the power source to improve the quality of power supply in a coordinated manner,” he said.

TVC is a company specialising in the production of printed circuit boards – the platform connecting chips and components in AI servers, data centres, electric vehicles, and telecommunications equipment. This group is operating factories in Chau Duc IP in Ho Chi Minh City with a total investment of approximately $450 million in two phases, employing 3,600 workers.

Besides existing businesses, foreign investors, when visiting IPs to explore opportunities, also consider many priority factors, not simply land issues.

“Along with land hiring cost and infrastructure, foreign investors are also interested in the province's investment environment, logistics connectivity (which greatly affects operating costs), and accompanying services such as electricity supply (especially green energy) and wastewater treatment systems that meet green standards. In addition, they pay close attention to living conditions for workers and experts, such as dormitories and housing near IPs so that workers can settle down and work effectively,” Nguyen Ngoc Lan, general director of Song Lo 2 Industrial Park in the northern province of Phu Tho, told VIR. “Another crucial factor is the support services and partnership of infrastructure investors. Many large-scale foreign-invested enterprises lack experience in legal procedures; IP developers’ support will help shorten the time for factory construction and operation.”

The demand for an industrial ecosystem is not just a subjective opinion of investors, but also one of the guiding principles and tasks set out in Resolution No.10-NQ/TW in June on developing the foreign-invested economic sector.

Resolution 10 states the need for the synchronised and unified development of the foreign investment ecosystem, linked to the development strategy of domestic enterprises, the development of capital markets, international financial centres, free trade zones, economic zones, high-tech IPs, innovation centres, logistics infrastructure, data, and energy; encouraging foreign investors to establish regional headquarters and regional operational, research, design, and service centres.

Changes in the criteria to select IPs directly impact how IP developers implement their products. Nguyen Van Lang, a member of the board of directors and general director of Becamex Binh Dinh JSC, said, “Factory products in the next phase will also be more flexible to meet the specific requirements of technology, deep processing, and green manufacturing industries.”

“The competitiveness of an IP in the new phase depends on the quality, stability, and scalability of its production infrastructure. At Becamex VSIP Binh Dinh, the electricity, water supply and drainage, wastewater treatment, telecommunications, and digital infrastructure systems are continuously being improved. Water supply capacity is planned at approximately 45,900 cubic metres per day and night, along with a wastewater treatment system and solutions for renewable energy, energy management, and centralised operational monitoring.”

Thanh Thanh Cong Industrial Real Estate Corporation also allocate about 5-10 per cent of its land area in IPs for developing warehousing and logistics.

Nguyen Thanh Chuong, general director of Thanh Thanh Cong Industrial Real Estate Corporation, said, “Integrating logistics directly into the ecosystem both adds convenience for tenants and creates space for small-scale businesses to participate, while simultaneously reducing transportation costs. According to the company's assessment, the integrated model can help businesses within the ecosystem reduce logistics costs by about 20-30 per cent.”

“Infrastructure requirements are raised as green standards increasingly directly impact the ability to participate in the supply chain. Global tariff regulations and carbon standards are becoming new variables that IP developers and foreign-invested enterprises must consider. Corporations investing in semiconductors, data centres, or renewable energy will prioritise industrial hubs with good ecological environments, meeting green and ESG criteria because these conditions are directly linked to the ability to export goods to markets such as Europe or America,” he said.

Electronics funding will be won via a capable ecosystem: SGS Vietnam is under growing pressure to deepen its industrial ecosystem as regional rivals compete for a new generation of electronics, semiconductor, and high-tech manufacturing investment.

Vietnam shifting focus to building high-quality FDI ecosystem Vietnam is shifting its approach from simply attracting foreign direct investment to developing a foreign-invested economic sector and building a high-quality ecosystem for foreign investment, according to Pham Van Hoanh, VIR's editor-in-chief.

Building Vietnam’s next chapter of FDI growth VPBank's local execution with SMBC's global capability are building stronger value chains, supporting Vietnamese enterprises, enabling foreign investors to succeed, and strengthening Vietnam's role in the global economy.

Investors explore Thanh Thanh Cong industrial zone ecosystem More than 80 representatives from financial institutions, business associations, and investment groups toured Thanh Thanh Cong Industrial Zone in Tay Ninh province to gain first-hand insights into its production infrastructure, energy systems, environmental facilities, and amenities.

From cost advantage to ecosystem strength Vietnam is at an important turning point in attracting foreign investment, shifting to attracting high-quality capital flows, strengthening links with domestic enterprises, and enhancing its position in global value chains.

Investors and local agencies are rushing to accelerate the progress of the investment project for the construction of infrastructure in Yen Son - Bac Lung Industrial Park – expanded phase to meet the deadline. By October 15, it must complete the land-use conversion and hand over the 35 hectares of land already cleared, as required by regulations. Before November 30, it must complete the land clearance for the remaining 38 ha out of a total of 72 ha already announced for land acquisition.

Along with Bac Ninh city, Phu Tho Party Committee also directed communes, investors, and relevant agencies to coordinate to resolve obstacles for the Trung Ha I and Trung Ha II industrial park (IP) projects.

“At the 136-ha Trung Ha I IP, it needs to urgently complete investment procedures, expedite the implementation of connecting roads, fire prevention and fighting equipment, and finalise land use right certificates for the two newly attracted projects; at the same time, clarify the investment efficiency for the remaining infrastructure items,” said Bui Van Quang, Standing Vice Secretary of Phu Tho Party Committee. “Regarding the 160-ha Trung Ha II IP, we request that the investor ensure the funding for compensation and land clearance; relevant localities and units need to coordinate closely to immediately resolve obstacles related to land and infrastructure investment, striving to start the project in December 2026.”

Haiphong, Bac Ninh and Quang Ninh are also accelerating investment in IP infrastructure to prepare land for new production projects.

VIS Rating, in its Industrial Real Estate Outlook for the second half of 2026 published on September 29, reported that FDI inflows into Vietnam are expected to remain high and continue to be a key driver of IP development.

“The Demand for industrial land also strengthened. After falling 30 per cent in 2025, newly leased industrial land increased 60 per cent on-year to 500 ha in the first half of 2026, driven largely by production expansion among electronics and semiconductor companies,” it said.

VIS Rating recorded that the area of new industrial park land for lease in the first 6 months of the year reached about 500ha, an increase of 60 per cent compared to the same period; the occupancy rate remained at 82 per cent. The need to expand production of electronics and semiconductor enterprises is one of the main drivers.

According to VIS Rating, recent policies to attract foreign direct investment (FDI) have further boosted demand for industrial land. In the first eight months of 2026, registered FDI reached $40.6 billion, up 55 per cent on-year, while disbursed FDI rose 12 per cent to $17.3 billion.

“The sustained growth of FDI inflows is having a profound impact on Vietnam’s industrial real estate sector while reinforcing the country’s role within global supply chains. As foreign-invested enterprises in electronics, optical products, computers, high-tech manufacturing and related industries continue expanding production and supply chain operations in Vietnam, demand for industrial land, ready-built factories and warehouses is rising in tandem,” said Nguyen Phuoc Thuan, director of Industrial and Office Leasing Services at Cushman & Wakefield Vietnam.

“While Vietnam’s competitiveness was once largely associated with labour costs, land availability and geographic location, its appeal today is increasingly driven by an industrial ecosystem capable of meeting the stringent requirements of multinational corporations. Key advantages include a supportive policy framework, continuously improving regional connectivity and a growing pipeline of high-quality industrial real estate,” he said.

Alongside this, amendments to the Law on Investment and the issuance of Decree No.96/2026/ND-CP further enhance the investment environment through greater transparency, efficiency and competitiveness. The introduction of a “special investment procedure” enables projects located in IPs, economic zones and high-tech parks to receive accelerated approvals based on compliance commitments, shortening project implementation timelines.

Supported by favourable policies and infrastructure investment, industrial real estate supply continues to grow. According to Cushman & Wakefield Vietnam’s statistics, as of Q2, Northern Vietnam’s cumulative industrial land bank exceeded 25,200 ha, up 15.7 per cent on-year. More than 1,200 ha of new supply were introduced during the first half of the year through six industrial park developments in Haiphong, Bac Ninh and Ninh Binh.

The region’s ready-built factory stock reached approximately 5.8 million square metres, representing annual growth of 16.9 per cent, while ready-built warehouse supply totalled around 3.6 million sq.m with Bac Ninh, Haiphong and Hung Yen remaining the leading markets, according to the Cushman & Wakefield.

Enterprises honoured for sustainability in industrial parks Three firms have been honoured in the Outstanding Sustainable Enterprises in Industrial Parks category at the 2026 Green Future Awards, held as part of the Vietnam Industrial Property Forum.

Tien Phong Plastics wins two awards at Green Future Awards 2026 Tien Phong Plastics has won two awards at the 2026 Green Future Awards, held during the Vietnam Industrial Property Forum.

Stavian IP recognised as 'Emerging Green Industrial Property Developers' at Green Future Awards 2026 Stavian IP earned recognition as an 'Emerging Green Industrial Property Developer' at the Green Future Awards in Ho Chi Minh City on September 29.

Ho Chi Minh City holds dialogue with businesses to address operational hurdles At a dialogue between Ho Chi Minh City authorities and businesses on October 9, participants focused on resolving obstacles related to investment, taxation, customs, environmental issues, and administrative procedures in industrial parks.

Amata City Long Thanh signs manufacturing deal with ITS Investment Amata City Long Thanh JSC and ITS Investment Co., Ltd. have signed a land use right sublease agreement for a new manufacturing facility in Dong Nai, marking another milestone in the industrial park's efforts to attract high-value manufacturing investment.

After the first nine months, many localities across the country reported breakthrough foreign direct investment (FDI) results that exceeded targets.

In Ho Chi Minh City, total registered capital reached $17.2 billion in the first nine months, up 4.2 times from the same period last year. The figure included more than $9.35 billion in newly registered capital and over $4.9 billion in additional capital for existing projects. Foreign investors also registered more than $2.9 billion through capital contributions and share purchases.

One of the most notable projects is a $2.1 billion FDI data centre project at Tan Phu Trung Industrial Park, aimed at developing high-performance computing infrastructure for AI and big-data processing. Meanwhile, the Vinh Lap Industrial Park Phase 1 project was approved by Ho Chi Minh City People’s Committee, including approval of the investor. The project covers an area of 497 hectares with registered capital of $379.69 million.

Thai Nguyen province continued to make its mark by attracting nearly $8 billion in 24 newly registered and additional-capital projects, resulting in an average capital of $333.2 million per project - the highest level among cities and provinces nationwide.

Other localities, namely Phu Tho, Bac Ninh, Quang Ninh, Thanh Hoa, Nghe An, and Danang, also surpassed their 2026 FDI attraction goals after only the first three quarters of the year.

“The breakthrough results come from efforts in both on-site and overseas investment promotion activities. Provincial leaders have set up hotlines to receive information 24/7 regarding pending issues and licensing procedures. As a result, many foreign investors received their investment certificates within 24 hours,” said Chu Van Khanh, director of the Investment Consulting and Promotion Centre under Thai Nguyen Department of Finance.

“The second highlight is the reduction of administrative procedures. In the first nine months, the province reduced and cut 60 per cent of procedures, higher than the national average of 30 per cent. In addition, officials worked overtime to support investors,” he said.

Danang has also made efforts to support investors seeking investment opportunities in the city.

“At Danang Investment Promotion Centre, we have the slogan ‘One Stop, One Service,’ meaning that we act as an intermediary party to work with the people’s committee, departments, and relevant agencies to find solutions for investors’ pending issues. Investors then receive the results at the centre’s office,” said Tran Quoc An, deputy director of the Danang Investment Promotion Agency. “We are developing an AI-integrated database that includes data on both foreign and domestic investors. The system will collect and analyse information on these entities and automatically connect them with one another. In addition, the city is completing logistics infrastructure and training programmes to meet the stricter requirements of investors.”

Along with investment promotion and administrative procedure reduction, Danang Department of Science and Technology is seeking feedback on a draft resolution outlining support for key digital technology projects, semiconductor investments, AI data centres, and chip design companies.

Building on these achievements, localities will continue promoting new projects while accelerating follow-up procedures and focusing on resolving obstacles for already licensed projects, to create further breakthroughs in the fourth quarter and for the whole year.

Quang Ninh city is a case in point. It has identified several tasks for the remaining months of the year, including accelerating revenue collection from import and export activities, land clearance, handling slow-moving projects, and disbursing certain capital sources.

In the fourth quarter, the city will launch a high-intensity emulation campaign titled “90 days and nights of intense effort,” focusing on completing key tasks such as supporting businesses, accelerating project progress, and boosting industrial production, trade, services, tourism, import-export, and logistics. Simultaneously, Quang Ninh will continue to boost digital transformation and innovation, efficiently exploit land and natural resources, and prepare new key projects.

Meanwhile, Ho Chi Minh City is focusing on improving the investment and business environment, accelerating administrative procedure reforms, and developing policies to attract, encourage, and support investors.

“After the Urban Development Law took effect on October 1, the city has been developing policies to engage, encourage, and support investors, including preferential policies to draw foreign investors into sectors consistent with the city’s development orientation. In addition, the city is focusing on developing infrastructure and preparing the necessary conditions regarding location and planning so that investors can quickly implement projects when needed,” said Quach Ngoc Tuan, deputy director of Ho Chi Minh City Department of Finance.

At the same time, Ho Chi Minh City Department of Finance continues to coordinate with departments, agencies, management boards, and localities to monitor and expedite the processing of dossiers for key projects, while supporting existing investors in expanding their operations and resolving difficulties related to investment procedures and project implementation conditions.

Along with attracting new projects, Ho Chi Minh City is also focusing on project implementation progress, disbursement, and operation, as well as increasing linkages between foreign-invested and domestic enterprises in the supply of goods and services and human resource training.

Samsung Vietnam to deepen cooperation with local manufacturers Samsung Vietnam will broaden and deepen its cooperation with local manufacturers while building a more systematic support network to help Vietnamese businesses strengthen production capabilities and participate more deeply in global supply chains, according to Cha Ji Ho, vice president of the Vietnam Procurement Center at Samsung Vietnam.

Building Vietnam’s next chapter of FDI growth VPBank's local execution with SMBC's global capability are building stronger value chains, supporting Vietnamese enterprises, enabling foreign investors to succeed, and strengthening Vietnam's role in the global economy.

Raising construction materials supply chain standards amid green transition Growing scrutiny of carbon emissions and ESG performance is putting pressure on construction materials companies and their supply chains, particularly small- and medium-sized enterprises, to strengthen their capabilities, according to Nguyen Thi Thanh Tam, head of Sustainability Development at Prime Group, a member of SCG.

VIR seminar focuses on taking domestic suppliers into global supply chains Comprehensive reform enhancing the absorption capacity of domestic enterprises to join global supply chains was the focus of a panel discussion at a seminar, organised by VIR in Hanoi on October 8.

From cost advantage to ecosystem strength Vietnam is at an important turning point in attracting foreign investment, shifting to attracting high-quality capital flows, strengthening links with domestic enterprises, and enhancing its position in global value chains.

Russian President Vladimir Putin signed a decree on October 13 allowing Vietnamese passport holders to enter and stay in Russia visa-free for up to 30 days, according to Interfax.

The policy applies to Vietnamese citizens travelling on ordinary passports for tourism, family visits, business, scientific, cultural, political, social, economic and sporting activities, as well as transit through Russia. Under the decree, eligible travellers can enter, stay in and leave the country without applying for a visa.

The exemption does not cover those travelling to Russia for employment, including journalists, or for study or long-term residence.

Nguyen Huu Cuong, general director of Trang An Travel, which has more than a decade of experience organising trips to Russia for Vietnamese tourists, said the country remained an attractive destination thanks to its rich history, cultural heritage and vast natural landscapes.

“Direct flights and friendly diplomatic relations between the two countries are important soft factors that keep Russia high on the list of preferred destinations for Vietnamese travellers,” he said.

According to the Vietnam National Authority of Tourism (VNAT), Russia receives around 15,000 Vietnamese visitors annually. Meanwhile, Vietnam welcomed approximately 1.13 million Russian visitors in the first nine months of 2026, up more than 160 per cent on-year. Russia is currently Vietnam’s third-largest source market for international visitors and its largest in Europe.

A VNAT representative said, “The reciprocal visa exemption arrangement is expected to boost travel between the two countries and potentially set new records in 2026-2027.”

The Association of Tour Operators of Russia (ATOR) said the visa exemption could increase demand for trips to Russia among Vietnamese citizens, potentially lifting visitor numbers by 25-30 per cent compared with the period before the policy took effect.

ATOR considers Vietnam a promising source market for Russian tourism. Vietnamese travellers tend to favour itineraries covering multiple destinations, extending beyond Moscow and St Petersburg to include locations in northern Russia.

ATOR data show that the number of Vietnamese tourists visiting Russia rose 69 per cent on-year in the first half of 2026. Including all travel purposes, arrivals of Vietnamese citizens increased by 10.7 per cent.

Russia is stepping up tourism promotion across Southeast Asia through its Discover Russia programme, seeking to attract more visitors from the region.

Currently, a typical seven-day, six-night tour of Moscow and St Petersburg costs from $2,200, with visits to landmarks including Red Square, the Kremlin and the Winter Palace.

Vietnam and Russia boost transport ties at international summit

Vietnam seeks to deepen investment cooperation in Russian Far East

Vietnam calls for stronger Russia-ASEAN economic cooperation

Vietnam and Sakha Republic pledge closer ties at Vladivostok forum

Russian and Indian tourists drive international arrivals

Vietnam seeks to deepen financial cooperation with Russia

Vietnam-Russia additive manufacturing project gets presidential backing

Trump's H-1B visa freeze delivers blow to US tech sector

Photo: Duc Minh

Authorised by Minister of Finance Ngo Van Tuan, Do Van Su, director general of the Foreign Investment Agency, along with leaders of relevant departments under the ministry, chaired the meeting. Jean-Alexandre Egea, economic counsellor at the French Embassy in Vietnam, also attended.

Speaking at the meeting, Benoît Clocheret highlighted the pivotal role of the Ministry of Finance (MoF) in shaping Vietnam's framework for public and foreign investment, development finance, and public-private partnerships (PPPs).

As Vietnam targets annual GDP growth of more than 10 per cent, French businesses are keen to gain a deeper understanding of capital mobilisation mechanisms and the legal framework governing large-scale infrastructure projects, including high-speed railways, metro systems and new energy projects.

The delegation focused discussions with the MoF on three key areas:

Capital mobilisation and financial instruments: The parties discussed effective ways to combine bilateral funding, export credit and multilateral financing for major infrastructure projects.

Contractor selection criteria: The delegation proposed placing greater emphasis on quality, safety, sustainability and whole-life maintenance costs, rather than focusing solely on initial investment costs. It also stressed the need to allocate funding for independent supervision from the project preparation stage.

Long-term investment legal framework: The delegation highlighted the importance of ensuring stable and predictable regulations for projects spanning several decades, alongside the effective implementation of policies supporting private-sector development under Resolution No.68/NQ-TW.

At the meeting, economic counsellor Jean-Alexandre Egea spoke highly of the recent official visit to France by General Secretary and State President To Lam. Bilateral financial and economic cooperation has recorded several notable achievements. The tax authorities of Vietnam and France have signed a tax cooperation agreement.

The Council of the European Union’s Economic and Financial Affairs configuration has removed Vietnam from its list of non-cooperative jurisdictions for tax purposes, moving the country from the 'blacklist' to the 'grey list'. This reflects the efforts and positive coordination between the two sides.

The MoF and the French Development Agency (AFD) have continued to sign financing agreements covering energy infrastructure, the power sector and cooperation in developing a new-generation Earth observation satellite.

Meanwhile, the ratification process for the EU-Vietnam Investment Protection Agreement is progressing actively in the French National Assembly, with completion expected by the end of 2026.

Around 250 French businesses are currently operating successfully in Vietnam, and their presence is expected to expand significantly in the coming years.

Photo: Duc Minh

On behalf of the MoF’s leadership, Su acknowledged and appreciated the support provided by the French government and business community. In response to the delegation’s concerns, he outlined Vietnam’s development needs and institutional reform priorities.

Vietnam requires approximately $67 billion for the North-South high-speed railway and $63 to $65 billion for metro systems in Hanoi and Ho Chi Minh City. Total investment needs for railway infrastructure are estimated at $200 billion, while road infrastructure requires approximately $400 billion. To sustain annual GDP growth of more than 10 per cent, energy supply will need to increase by 150 to 200 per cent.

"Vietnam is therefore pursuing a diversified approach to capital mobilisation, combining public investment, private investment and PPPs, while developing a comprehensive and sustainable energy ecosystem," Su explained.

The MoF is submitting amendments to the Law on Bidding to the National Assembly, aiming to improve transparency, promote the application of IT and AI, and streamline procedures.

The reform process also incorporates amendments to the Law on the State Budget and the Law on Public Investment to comprehensively address existing delays and overlaps in the legal framework.

"Resolution No.68 and Resolution No.10/NQ-TW on foreign investment form two complementary pillars supporting economic development. Together, they aim to strengthen linkages between foreign-invested enterprises and domestic businesses," Su said. "Vietnam also places particular emphasis on technology transfer and local workforce training in high-tech and complex infrastructure projects."

Photo: Duc Minh

Welcoming Vietnam’s positive progress in institutional reform, Clocheret stated that the Comprehensive Strategic Partnership between the two countries would continue to provide a solid foundation for organisations such as AFD to support key projects.

On this occasion, the French side proposed that Vietnam’s MoF join as a partner in organising the third Vietnam-France Business Leaders Forum in Hanoi in 2027.

Concluding the meeting, Su said the MoF fully acknowledged the delegation’s frank and constructive recommendations. The Foreign Investment Agency will take the lead, working with relevant units under the MoF, including the Department of Debt Management and External Finance, the Department of Infrastructure Development, the Department of Sectoral Finance and Economics, the Public Procurement Agency, the Agency for Private Enterprise and Collective Economy Development, and the Agency for State-Owned Enterprise Development, to examine the proposals in detail and report to the ministry’s leadership.

Vietnam and France exchange financing agreements for water management project in Dien Bien

Vietnam and France seek to deepen economic and financial cooperation

Vietnam, AFD strengthen development cooperation for new phase

French experts share AI and digital governance insights in Hanoi

The domestic carbon market, which began operating on June 29, marks an important step in Vietnam's green transition while highlighting the need for stronger financial mechanisms to support its development, he said at a workshop on credit policy and carbon markets in Hanoi on October 14. The event was organised by VIR in coordination with the State Bank of Vietnam (SBV) at VIR's headquarters.

“If the carbon exchange is the market’s infrastructure, credit policy, the banking system and capital markets are the driving forces behind the green transition,” Hoanh said.

Credit policy plays a leading role in directing financial resources towards emissions reduction, helping businesses and individuals invest in greener activities and linking sustainable development objectives with the flow of capital throughout the economy.

The green transition ultimately requires tangible investments in cleaner technologies, energy efficiency, changes to production processes, low-emission agriculture, forest protection and development, waste treatment, renewable energy and more sustainable supply chains.

"To bring these projects to fruition, Vietnam needs a financial system capable of identifying, pricing, allocating and managing green capital," said Hoanh.

Vietnam’s carbon market framework was established under the 2020 Law on Environmental Protection and subsequently developed through a series of legal documents. The latest regulations include Decree No.29/2026/ND-CP on the domestic carbon exchange and Decree No.112/2026/ND-CP on international exchanges of greenhouse gas emission reduction outcomes and carbon credits.

Vietnam has also gained experience in monetising verified emissions reductions on international markets. In 2024, the country received its first $51.5 million payment from the World Bank for 10.3 million tonnes of verified emission reductions under the North Central Region Emission Reductions Programme.

The launch of allowance trading on 29 June 2026 introduced a new way of recognising the economic value of emissions reductions. However, the establishment of a trading platform alone will not ensure the market's long-term success.

"A sustainable carbon market also requires liquidity, reliable data, verification mechanisms, confidence among buyers and sellers, and a strong financial ecosystem to support market participants," Hoanh said.

Photo: Dung Minh

He highlighted several questions that policymakers, financial institutions and businesses need to address, including how to remove regulatory and financial bottlenecks, channel green capital towards the right projects, and enable banks to assess both the opportunities and risks associated with green investments.

Businesses must also be able to demonstrate the effectiveness of their transition efforts and access bank lending along with medium- and long-term financing from capital markets. Meanwhile, carbon value needs to become an increasingly reliable factor in financial decision-making.

These challenges were among the reasons VIR organised the workshop, bringing together policymakers, banks, businesses, experts and other stakeholders to exchange views and identify practical solutions.

"The carbon market would create a new economic driver when businesses could see the financial benefits of emissions reductions, banks and capital market institutions could manage green capital effectively, investors could identify value, and producers received commensurate benefits," said Hoanh.

He expressed his hope that discussions at the workshop would lead to concrete policy proposals, practical cooperation initiatives, and models that could be implemented in practice.

The event forms part of broader efforts to connect Vietnam’s carbon market development with credit policy and capital mobilisation, helping ensure that the country’s green transition is supported by the financial resources needed to deliver measurable results.

The workshop featured presentations by the SBV, the Asian Development Bank, and Agribank, followed by a discussion with representatives from regulatory authorities, capital markets, banks, businesses, and consulting organisations. Key topics included expanding green capital flows, improving businesses' access to finance, developing the carbon market, and strengthening the links between emissions reduction value and financial decision-making.

From carbon value to greener capital Vietnam’s emerging carbon market is opening another potential source of value for green projects. Nguyen Thi Thu Ha, deputy head for the Steering Committee for Environmental, Social, and Governance at Agribank, analyses the broader shift of the role of carbon pricing.

Carbon exchange adds new component to green finance ecosystem The newly launched domestic carbon exchange offers a market-based mechanism for emissions reduction, with its success hinging on integrating carbon pricing with green credit and capital markets to mobilise investment at scale.

Here's what's happening at StarHub this month.

Dress Up and Crack the Mystery at StarHub WatchParty: Halloween Edition

StarHub's Halloween edition of WatchParty takes over CQ @ Clarke Quay Fountain Square on 30 and 31 October, bringing guests together for a movie night and Halloween fun. Settle in for a screening of Haunted Mansion, then put your detective skills to the test as you uncover clues and solve a mystery.

Guests can also join in themed games and activities. Those in costume can strike a pose at the photo spots, capture their look at the 360-degree video booth and show off their Halloween best in the Best Dressed contest.

Enjoy snacks along the way and unlock exclusive dining deals and treats from participating F&B merchants around CQ @ Clarke Quay to fuel your spooky night out.

StarHub WatchParty is free and open to all. Guests can register at starhub.com/watchparty.

• Date: 30 – 31 October 2026
• Location: CQ @ Clarke Quay, Fountain Square, 3 River Valley Rd, Singapore 179024
• Time:
  • 30 October: 6pm – 11pm
  • 31 October: 4pm – 11pm

StarHub Opens Its Doors at Compass One

StarHub is celebrating the grand opening of its new Compass One outlet with prizes and exclusive opening specials. Customers who sign up for any service at the outlet can take part in the sure-win gachapon, with attractive prizes up for grabs.

Those who sign up for a 10Gbps Home Broadband or HomeHub plan can also take home a complimentary Tefal Air Fryer, available exclusively at the Compass One outlet.

• Promotion Period: 4 October – 4 November 2026
• Location: StarHub Store, Compass One, 1 Sengkang Square #03-03, Singapore 545078

Whether you're getting into the Halloween spirit or checking out the latest offers, StarHub's got you this October.

"Kagurabachi" (Original Author: Takeru Hokazono), currently serialized in Shueisha's Weekly Shonen Jump, has surpassed a cumulative circulation of 4.5 million copies (including digital editions).

A stellar team of creators has been assembled for the project. Production will be handled by CyberAgent group company animation studio, Cypic (Umamusume: Cinderella Gray, The Summer Hikaru Died), the anime boasts an all-star staff, including Director Tetsuya Takeuchi (Action Animation Director on Sword Art Online II, Battle Scene Storyboards/Episode Director/Animation Director on Heavenly Delusion) and Character Designer Keigo Sasaki (Blue Exorcist, The Seven Deadly Sins). The protagonist, Chihiro Rokuhira, is voiced by Taihi Kimura, winner of the Best New Actor award at the 2025 Seiyu Awards.

The "Kagurabachi" Anime World Tour, which has thrilled audiences worldwide by screening the first 20 minutes of Episode 1 at major events across the globe since July 2026, is finally making its triumphant return to Japan. As the final destination of this epic journey across all six continents, the Tour Finale is set to take place on Thursday, March 25, at the Kabukiza Theatre, the very place where the anime adaptation was first announced.

The Tour Finale in Japan will feature the World Premiere of the full-length Episode 1 and Episode 2 ahead of the broadcast and streaming, inviting the main cast for special appearances. Furthermore, live viewings have also been confirmed to take place at movie theaters across Japan.
After traveling the world, the Anime Kagurabachi returns to Japan in the most spectacular way possible.

Furthermore, for the "Kagurabachi" Anime World Tour Part 3, the first 20 minutes of Episode 1 will be screened in Singapore (AFA Singapore), Seoul, and São Paulo (CCXP Brazil), with special panel sessions featuring the cast and anime producers also taking place at select events.

Do not miss the historic conclusion of the Anime World Tour, and prepare for the global phenomenon of "Kagurabachi" to fully awaken this coming April.

"Kagurabachi" Anime World Tour Finale in Japan Overview

Date & Time: Thursday, March 25, 2027 *Time TBA
Venue: Kabukiza Theatre (4-12-15 Ginza, Chuo-ku, Tokyo)
Details: World Premiere of Episodes 1 & 2, talk sessions featuring special guests, and more
Guests: Taihi Kimura (Chihiro Rokuhira), Tomokazu Seki (Kunishige Rokuhira), Katsuyuki Konishi (Togo Shiba) *Honorifics omitted

*Event details and guests are subject to change without notice.
*A live theater screening of the World Tour Finale is scheduled at movie theaters across Japan.

"Kagurabachi" Anime World Tour Part 3 Overview
"Kagurabachi" Anime World Tour Special Site
https://anime.kagurabachi.jp/en/worldtour/

【AFA Singapore】"Kagurabachi" Anime World Tour – Premiere Screening at AFA Singapore

Location: Singapore
Date & Time: Sunday, November 29, 2026
4:00 PM – 5:00 PM SGT
Venue: Suntec Singapore Convention & Exhibition Centre
Details:

• Screening of the first 20 minutes of Episode 1
• Cast and staff stage event

Guests: Taihi Kimura (as Chihiro Rokuhira), Mizoguchi KAN (Animation Producer of "Kagurabachi" Anime) *Honorifics omitted
*Event details are subject to change or cancellation without notice.
Official Website: https://animefestival.asia/afasg26/

"Kagurabachi" Anime World Tour – Premiere Screening in Seoul

Location: Seoul
Date & Time: Sunday, December 6, 2026
Time TBA
Venue: TBA
Details:

• Screening of the first 20 minutes of Episode 1
• Cast and staff stage event

Guests: Taihi Kimura (as Chihiro Rokuhira), Mizoguchi KAN (Animation Producer of "Kagurabachi" Anime) *Honorifics omitted
*Event details are subject to change or cancellation without notice.

【CCXP Brazil】"Kagurabachi" Anime World Tour – Premiere Screening at CCXP Brazil

Location: São Paulo
Date & Time: December 2026
Time & Day TBA
Venue: TBA
Details:

• Screening of the first 20 minutes of Episode 1

*Event details are subject to change or cancellation without notice.
Official Website: https://ccxp.com.br/

Special Illustration by Director Tetsuya Takeuchi Revealed in Celebration of the Original Manga's 3rd Anniversary
A stylish illustration celebrating the 3rd anniversary of the original manga, featuring Chihiro Rokuhira wielding "Enten," has arrived from Tetsuya Takeuchi, Director of the "Kagurabachi" anime.

About KAGURABACHI

View Teaser Trailer:
English: https://youtu.be/pC39732i1bA / Japanese: https://youtu.be/Ppmbg4IoL3g

Introduction

A single stroke opens a new era, cutting a path from Japan to the world—
Weekly Shonen Jump's Neo-Japanese Sword Action series begins here!

From day one, the Kagurabachi manga has captivated fans, weaving a blood-soaked tale of revenge through breathtaking sword-fight sequences.

And now, known for its uncompromising quality, animation studio Cypic brings the story to life with jaw-dropping visuals!

Story

Flames of resolve, kindled by hatred.

Chihiro Rokuhira is a boy who aspires to become a swordsmith, and took daily training under his father Kunishige, a renowned swordsmith. Their days, once filled with laughter, are brutally torn apart by an attack from the mysterious sorcerer organization, the Hishaku.

What is stolen from them are the six Enchanted Blades—swords of immense power capable of shaping the fate of the nation—and the gentle, warm life they once shared.

From that day on, everything changed. In a world engulfed in darkness, Chihiro takes up Enten, the seventh Enchanted Blade left behind by his father, and sets out on a blood-soaked path of revenge.

Broadcasting and Streaming information

April 2027
Crunchyroll, MUSE, and SMG HOLDINGS, among others

Staff

Original Work: "Kagurabachi" by Takeru Hokazono (Serialized in Shueisha's Weekly Shonen Jump)
Director: Tetsuya Takeuchi
Character Design: Keigo Sasaki
Production: Cypic
Production Committee Leads: Shochiku & CyberAgent

Cast

Chihiro Rokuhira: Taihi Kimura
Kunishige Rokuhira: Tomokazu Seki
Togo Shiba: Katsuyuki Konishi
Soshiro Azami: Yuichi Nakamura
Hinao: Miku Ito
Char Kyonagi: Miyari Nemoto

Official Links

• Official Website: https://anime.kagurabachi.jp/
• Official X: ＠kb_anime_en（https://x.com/kb_anime_en）
• Official TikTok: @kb_anime_en（https://www.tiktok.com/@kb_anime_en）
• Official Instagram: @kb_anime_en（https://www.instagram.com/kb_anime_en/）

Original Work

Cumulative circulation has surpassed 4.5 million copies (including digital editions)!

Title: Kagurabachi
Author: Takeru Hokazono
Previously Published: Available online on MANGA Plus by SHUEISHA and published in print and digital by Viz Media (English Version).

Copyright Notices

*When featuring the cover art for Kagurabachi Volume 1 or the original illustration by Takeru Hokazono, please ensure the following copyright notice is included.
©Takeru Hokazono/SHUEISHA

*When featuring anime image assets, please ensure the following copyright notice is included.
©Takeru Hokazono/SHUEISHA,Project Kagurabachi

*Copyrights must be indicated when posting or using the images/materials
*Single space is needed between "Takeru" and "Hokazono," and between "Project" and "Kagurabachi."
*No space needed after "/(slash)" and ",(comma)."

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

Contact Us: +852 2336 0233 / admin@css.edu.hk

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

Launched in April this year, the 2^nd edition of the Programme featured three core pillars: the "Campus Chinese Herbal Cabinet Baizigui Programme", "Tong Ren Smart Green Chinese Herbal Medicine Cultivation Course" and "Elderly Care Visit Activity". These initiatives enabled students to transition from theoretical learning to real-life application, helping them understand how TCM wisdom synergizes with modern healthy living, technological innovation, and community care. Furthermore, the program provided participating schools with extendable educational resources to sustain TCM culture education. The cohort brought together over 60 teachers and students from five participating schools including St. Francis of Assisi's Caritas School, CCC Wanchai Church Kei To Primary School, SKH Tsing Yi Chu Yan Primary School, HKSKH Bishop Hall Secondary School and St. Joseph's Anglo-Chinese School. From April to July, participants engaged in a rich array of activities, including classroom learning, off-campus visits, planting practice, group research and project presentations. Through these experiences, they discovered firsthand how TCM integrated into modern life, effectively bridging the gap between knowledge, application and community service.

Nurturing a New Generation for Cultural Heritage and Technological Innovation

Yan Han, Chairman of the Board and Executive Director of Beijing Tong Ren Tang Chinese Medicine Company Limited, said: "Deeply rooted in Hong Kong for nearly three decades, Beijing Tong Ren Tang has always been dedicated to serving the community. To date, we have dedicated over 10,000 hours to public welfare initiatives, including health seminars and free TCM consultations, benefiting more than five million people. This year, under the theme 'Nurturing Heart and Liver Health with Greater Care', we are further deepening our community outreach. Since last year, we have strategically shifted our focus towards campus-based heritage and public welfare. Over the past two years, we have invested more than 100 hours in conducting TCM knowledge and cultural preservation activities, reaching over 5,000 teachers and students and successfully nurturing 100 student ambassadors for Chinese medicine and health. Notably, this year marks the debut of the 'Beijing Tong Ren Tang Chinese Medicine Culture Campus Exhibition Hall' and the 'Beijing Tong Ren Tang Campus Chinese Herbal Cabinet Baizigui' in Hong Kong schools. These initiatives are designed to create an immersive and sustainable campus learning environment for TCM education."

Mr. Tsang Yok-sing, Independent Non-Executive Director of Beijing Tong Ren Tang Chinese Medicine Company Limited, said: "The preservation of TCM culture requires not only safeguarding the benevolence and traditional craftsmanship passed down through generations, but also embracing new technologies and innovative mindsets that resonate with the younger generation. Today, our new cohort of student ambassadors is stepping into precisely this vital role. You are not merely passive recipients of knowledge, but thinkers, creators, and service leaders who tell the story of TCM in ways that speak to your peers. I hope all graduating student ambassadors will take what you have learned and experienced during this journey deeply to heart. As you return to your campuses and communities, continue to share the core TCM philosophy of preventive healthcare, alongside this year's health theme, 'Nurturing Heart and Liver Health with Greater Care,' with your families, teachers, friends, and elderly neighbours. Keep shining as young champions of Chinese medicine culture.

From Classroom to Community:

A Learning Journey Integrating Tradition and the Future

The student journey began with school-based Chinese medicine and health courses, where they learned about Chinese herbal medicine, TCM wellness concepts, and practical applications. These foundational studies were then integrated with 5G, AIoT, and Artificial Intelligence (AI)elements, allowing students to discover firsthand how cutting-edge technology can be applied to herbal cultivation monitoring and data collection. This hands-on, balanced learning approach not only enriched their appreciation of Traditional Chinese Medicine culture, but also vastly expanded their perspectives on smart healthcare and interdisciplinary learning.

Beijing Tong Ren Tang also arranged for students to step beyond the classroom to visit its Hong Kong Production and R&D Base, Cultural Museum, and Chinese Herbal Garden, as well as theChina Mobile 5G Joint Innovation Center Hong Kong Open Lab. By closely observing the production processes of proprietary Chinese medicines, quality management protocols, and brand history, students gained rich insights into the industry. They also had the opportunity to experience the traditional pill-rolling technique, learn about fresh herb cultivation, and explore smart technology applications. Through these immersive real-life settings,students experienced firsthand how TCM culture harmoniously balances inheritance and innovation, gaining a profound understanding of how traditional wisdom thrives in modern society.

Chinese Herbal Cabinets Baizigui on Campus:

Cultivating an Immersive TCM Learning Environment

Beyond site visits and experiential learning, Beijing Tong Ren Tang introduced the"Campus Chinese Herbal Cabinet Baizigui Programme" this year to weave elements of Traditional Chinese Medicine (TCM) culture even deeper into school campuses. This initiative not only extends the learning outcomes of the Student Ambassador Programme but also allows the wider student body toengage with TCM knowledge in their daily school life. By transforming a focused educational initiative into a broader campus culture, the programme effectively expands the learning atmosphere, achieving the goals of knowledge sharing and the sustainable inheritance of TCM culture.

Working in teams, student ambassadors conceptualized and delivered final project presentations themed "Your Ideal Smart Chinese Medicine Centre." Drawing upon their insights into Traditional Chinese Medicine (TCM) heritage, community outreach, innovative smart technology, AI-driven cultivation, and wellness promotion, they integrated their learning to propose highly creative and scalable concepts. Through hands-on report design, content planning, and project presentations, students not only sharpened their expression, collaboration, and problem-solving skills, but also explored educational outreach and community applications. This enabled them to envision how TCM culture can be dynamically passed down in ways that resonate deeply with both the younger generation and the wider public.

A student representative from CCC Wanchai Church Kei To Primary School shared: "Our greatest takeaway from this year's Programme was not just acquiring Traditional Chinese Medicine (TCM) knowledge, but discovering how health promotion can truly come alive in daily life and our communities. In our project, 'Your Ideal Smart Chinese Medicine Centre,' we seamlessly integrated TCM, campus-based herbal cultivation, STEM, and AI applications. By incorporating interactive experiences, health consultations, and community education, we hope to make TCM more engaging, accessible, and fun for the public. This journey made us realize that TCM is far more than textbook knowledge—it is vibrantly connected to technology, community life, and the future."

A student representative from St. Joseph's Anglo-Chinese School added: "From classroom learning to touring the Beijing Tong Ren Tang production base and the 5G laboratory, and finally crafting our project proposal, the entire journey has been transformative. It made us realize that TCM is not a distant or rigid traditional heritage, but dynamic, practical knowledge that can be powerfully combined with health education, innovative technology, and community service."

Students who completed the entire Programme and were awarded certificates of appreciation at the graduation ceremony officially became the second cohort of "Hong Kong Student Ambassadors for Chinese Medicine and Health Care." Following the ceremony, a Chinese medicine health seminar themed "Nurturing Heart and Liver Health with Greater Care" was held, sharing practical Chinese medicine wellness and first-aid knowledge with more than 200 teachers and students, senior citizens and members of the public. After the seminar, registered Chinese medicine practitioners provided free consultations and fatty liver screening services, encouraging participants to pay closer attention to their own health. During the event, the student ambassadors also took the initiative to assist the elderly waiting for the herbal sachet workshop and pill-rolling workshop, making wellness sachets together, experiencing intangible cultural heritage pharmaceutical craftsmanship, and sharing the Chinese medicine wellness knowledge they had learned in class. Through this intergenerational interaction, participants exchanged health tips while passing on the wisdom of Chinese medicine. The event enabled attendees to bring healthy living concepts home and continue the community health spirit of "Tong Ren Care."

https://cm.tongrentang.com

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• (De)globalisation and (Re)connectivity: Explore how cultural institutions navigate shifting geopolitical landscapes and changing global networks. Professor Kyong Park (Seoul/Store Front Gallery New York) and Professor Matthias Böttger (Basel Academy of Art and Design) will examine the changing impact of globalisation and cross-border engagement, focusing on how institutions can stay relevant to a new generation of digital natives while considering whether traditional intercultural diplomacy remains vital today.
• Legacy, Diversity, and Interdisciplinarity: Focusing on the evolution of historical collections, this panel highlights the intersection of diverse cultural narratives and multi-disciplinary research. Professor Lu Xiaobo (Tsinghua University) and Monsignor Alberto Rocca (Pinacoteca Ambrosiana) will discuss how institutional structures and traditions both support and limit the pursuit of new knowledge, offering insights on bridging curation with contemporary practices.
• University Museums and Experiential Learning: Centering on the evolving role of academic museums as active spaces for immersive learning, Professor Jin Jun (Central Academy of Fine Arts) and Doctor Luke Syson (Fitzwilliam Museum, University of Cambridge) will look at the changing role of university galleries, and its contribution to campus living and whole-person education at large.
• Digital Museology and Intangible Collection: Addressing the digital transformation of heritage, this session investigates the future use of advanced technologies like XR and AI in conservation. Mr Hing Chao (Hong Kong Cultural Festival) and Ms Cora Würmell (State Art Collections Dresden) will explore the relationship between physical artifacts and living archives, looking at new methods to bridge the traditional museum divides between science, art, and history.

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10AFEST Programme

• 10APLENARY — Plenary Dialogues of Cultural Leaders
• 10ANETWORK — Network Presentations of Emerging Talents
  • TRACK 1A — Translational Research in Art-Tech
  • TRACK 1B — Cultural Entrepreneurship
  • TRACK 2A — Deep Engagement & Interactive Learning
  • TRACK 2B — Inter-Cultural Collaboration
  • TRACK 3A — Asian Heritage & Digital Museology
  • TRACK 3B — Art for Social / Environmental Impact
• 10ADEMO — Performances and Exhibitions
• 10AGALA — Networking and Matching for Future Collaboration

Information and photographs of past exhibitions are available on the Gallery's official website:

https://www.cityu.edu.hk/bg/

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

Global supply chain diversification has prompted Asian businesses to relocate manufacturing facilities to Vietnam in recent years, particularly in supporting industries, electronic components and AI-related manufacturing.

This trend is not only generating additional demand for industrial land but also raising expectations for infrastructure quality and logistics connectivity at industrial parks (IPs). As global supply chains are restructured, northern Vietnam is stepping up investment in transport infrastructure.

Artist’s impression of the mega-project Gia Binh International Airport, with initial facilities scheduled for completion in time for APEC 2027. Photo: An Phat Holdings

According to Cushman & Wakefield’s Northern Key Economic Zone Industrial Markets Q2/2026 report, northern Vietnam’s cumulative industrial land supply exceeded 25,200 hectares at the end of the second quarter of 2026, up 15.7 per cent on-year.

Haiphong accounted for the largest share, at 26 per cent of total supply, followed by Bac Ninh with 21 per cent. In the ready-built factory segment, the occupancy rate remained at 86 per cent, indicating sustained demand for manufacturing facilities that can be brought into operation quickly.

Against this backdrop, northern Vietnam is accelerating investment in strategic transport infrastructure. A notable project is Gia Binh International Airport, which is planned to meet ICAO Code 4F standards, with an expected annual capacity of 30 million passengers and 1.6 million tonnes of cargo by 2030.

At the same time, the road linking Gia Binh Airport with Hanoi and the Ring Road 4 project in the Capital Region are being fast-tracked. These projects are expected to strengthen connectivity among key industrial centres, including Hanoi, Bac Ninh and Haiphong, while improving access to international markets.

Notably, several infrastructure components are being expedited with a view to bringing them into operation in phases in 2027.

Over the longer term, shorter travel times between manufacturing centres, seaports and aviation gateways will improve transport efficiency and create a competitive advantage for new IP projects in northern Vietnam, including An Phat 5 Industrial Park (Luong Dien–Ngoc Lien) in Haiphong city, developed within the An Phat Holdings’ ecosystem.

Land at An Phat 5 Industrial Park is ready for handover to investors. Photo: An Phat Holdings

According to a representative of An Phat Complex, essential infrastructure at An Phat 5 IP which covers 150 ha in Cam Giang commune (Haiphong city) is largely complete, and cleared plots can be handed over to investors in phases.

The entire infrastructure system is expected to be completed in 2026, with the project being developed as a model IP in compliance with environmental, social and governance standards and targeting integrated operations from Q1 of 2027.

As Vietnam gradually transforms into a global manufacturing hub, An Phat 5 IP is actively broadening its reach to Asian investors seeking to expand production capacity.

The project is positioned as a high-tech, innovation-driven IP targeting businesses in electrical and electronic equipment, IT, mechanical engineering and machinery manufacturing, automation, supporting industries, construction materials and other suitable industrial manufacturing sectors.

An Phat Complex was introduced at Vietnam-China Trade, Investment and Technology Cooperation Forum in Nanning, China, on September 17. Photo: An Phat Holdings

From an investor’s perspective, strategic location and logistics connectivity are key considerations when selecting a site for a manufacturing facility.

A Chinese investor said, “We chose An Phat 5 because of its convenient connectivity between Haiphong and China via road, sea and rail networks, which helps optimise the import of raw materials and export of finished products. In particular, infrastructure development at the project is progressing on schedule, enabling businesses to plan their production activities.”

The implementation capabilities and infrastructure development experience of An Phat Complex have been demonstrated through projects such as An Phat Complex and An Phat 1 IP, as well as its cooperation with international companies including Biel Crystal, Ce-Link and Sumida.

An Phat 5 IP is well positioned to translate its infrastructure advantages and strategic location into tangible investment appeal, helping reinforce Haiphong city’s standing amid the global shift in manufacturing.

An Phat Holdings broke ground on Southeast Asia's largest green materials factory An Phat Holdings has organised the ground-breaking ceremony for the PBAT Compostable Resin Plant, which is the largest of its kind in Southeast Asia.

New industrial park in Haiphong: A strategic hub for attracting FDI inflows Haiphong is positioning itself as a prime destination for foreign investors, leveraging modern industrial parks and strategic regional integration to drive sustainable growth.

KCN Vietnam breaks ground on An Phat industrial project KCN Vietnam has begun construction on its new An Phat industrial project, expanding its footprint in northern Vietnam.

AnPro in interior materials high-tech push Leveraging its high-tech plastics expertise, An Phat Holdings is scaling into high-tech interior materials with AnPro, targeting global markets through durable, climate-resilient solutions and internationally certified production standards.

Figures from commercial real estate services and investment firm CBRE Group tell a similar story with nearly 80 per cent of the city’s new apartment supply in the first half came from the area.

Yet supply tells only part of the story. The market is also seeing a notable shift in both positioning and pricing. Most new projects sit in the upper mid-range and high-end segments, with prices typically at VND55-60 million ($2,200-$2,400) per square metre and some above VND70 million ($2,800).

The figures point to a notable change in the area’s market position. Once considered part of Ho Chi Minh City’s urban periphery, the area is now emerging as a major source of the city’s new apartment supply.

Experts point to two forces behind included the area’s new status after the merger and infrastructure projects worth hundreds of millions to several billion dollars being rolled out at the same time.

After years of anticipation, work has begun on widening the National Highway No.13 to 10–14 lanes, marking a significant upgrade to Ho Chi Minh City’s northeastern gateway.

National Highway No.13 is being widened through Thuan Giao ward. Photo: Gamuda Land

Scheduled to open to traffic by the end of 2028, the project is expected to strengthen connectivity between the city’s urban core and its northern industrial hubs.

At the same time, several infrastructure links made fresh progress in the latter part of the year. Ring Road 3 was more than 80 per cent complete as of mid-August and is scheduled to open in December.

Two metro lines between the former Binh Duong area and central Ho Chi Minh City are on the investment priority list, with construction targeted to start in late 2026 and finish in 2030.

Ring Road 4 and Ho Chi Minh City–Thu Dau Mot–Chon Thanh Expressway are also being accelerated, gradually completing a network that ties the city's industrial and service region to the wider southeast.

Infrastructure shortens travel times and widens the radius within which people can choose where to live. When distance is measured in time rather than kilometres, areas once outside the urban core can plug directly into the city's network of jobs, commerce, and services.

On this map, Thuan Giao ward is emerging as a standout location. It lies along the National Highway No.13 corridor and has a large employment base from Vietnam-Singapore Industrial Park (VSIP) I, Viet Huong, and neighbouring industrial parks.

Its commercial and service ecosystem is also fairly complete, with AEON Mall Binh Duong Canary, Song Be Golf Course, hospitals, and schools.

Unlike emerging areas where infrastructure must first attract residents and services, Thuan Giao is entering its next development cycle on a foundation built over many years. As further infrastructure is developed, the area’s growth potential is set to expand accordingly.

As infrastructure, urban positioning, and price levels advance in tandem, competition in northern Ho Chi Minh City’s apartment market is also intensifying. A series of projects positioned in the higher-end segment, including La Pura, Monrei, Khai Hoan Imperial, The Emerald 68, and Sky Solis, have entered the market in quick succession.

The result is a new phase of competition extending beyond price to product standards, residential experience, developer credentials, and community quality.

More recently, news that Gamuda Land is preparing to unveil Norton Park on Binh Duong Boulevard in Thuan Giao ward has added further heat to the market. Gamuda Land, the property development arm of Malaysia’s Gamuda Berhad, is a top regional developer specialising in integrated townships and sustainable urban communities.

Located along the Binh Duong Boulevard–National Highway No.13 corridor, Norton Park forms part of a 17.5-hectare master-planned development.

AEON Mall Binh Duong Canary is nearby, while Song Be golf course lies opposite the project and VSIP I is nearby. International hospitals, schools, Lotte Mart, MM Mega Market, and other urban amenities are within a 10–20-minute journey.

Norton Park is on the Binh Duong boulevard frontage, next to AEON Mall and adjacent to VSIP I. Photo: Gamuda Land

According to a representative of the developer, Norton Park is being developed to meet genuine housing demand in the area, focusing on the community of professionals, managers, and engineers working in industrial parks and foreign-invested enterprises.

Norton Park spans 7.9 ha and comprises six residential towers with 1,286 residential and commercial units.

These include 1,256 apartments across a diverse range of configurations, from studios and one- to three-bedroom apartments to duplexes, alongside 30 commercial units, bringing additional services and conveniences within the development.

Construction density is capped at just 20 per cent, with 2.5 ha dedicated to landscaped green spaces across the development, including ecological green cores interspersed among the residential towers and adjacent parkland.

Together, these spaces help create a greener, more tranquil living environment amid rapid urbanisation and industrial activity.

Norton Park – a new addition to Gamuda Land’s footprint in Ho Chi Minh City. Photo: Gamuda Land

Responding to increasingly sophisticated expectations for quality of life among a new generation of residents and the international professional community, Norton Park places everyday living at the heart of its amenity planning.

Amenities are organised into two major clusters at the centre of the residential blocks, providing a diverse range of experiences while keeping them within easy reach of residents. Spaces are planned around everyday routines, spanning exercise, work, study, entertainment, relaxation, and community interaction.

Daily needs are also reflected in the master plan, with a work hub for professionals, multipurpose learning spaces for children, dedicated facilities for older residents, and amenities designed specifically for pets and their owners.

While earlier generations of apartments in the area largely addressed the need to live close to the workplace, the growing presence of international developers such as Gamuda Land signals a broader shift towards higher standards in northern Ho Chi Minh City’s residential market.

Against this backdrop, Norton Park is expected to contribute to the next chapter of northern Ho Chi Minh City’s residential market, raising the bar for quality living in the area.

Apartment supply in Hanoi to surge in H2 meeting higher demand: Savills The apartment supply in Hanoi is expected to surge in the second half of this year to meet higher demand in this segment, according to Savills Vietnam.

HCM City’s apartment supply drops in Q1 HCM City’s apartment market saw supply decline in the first quarter.

Gamuda Land advances winning streak with Elysian Following the impressive launch of Springville in Nhon Trach, Dong Nai province earlier this quarter, Elysian is the latest success driving Gamuda Land’s continued momentum in southern Vietnam’s real estate market in 2025.

Gamuda Land and MTR cooperate on integrated station development At the 11th Belt and Road Summit held on September 9-10 in Hong Kong, Gamuda Land Vietnam participated in the signing of an MoU with MTR Corporation to explore opportunities for Transit-Oriented Development in Vietnam, with a focus on integrated station development.

One of the event’s key highlights was the “three pillars of gut health” model, comprising the gut microbiome, the intestinal barrier, and the immune system. According to experts, these three elements do not function independently but are closely interconnected, helping determine the body’s ability to defend itself, digest food, absorb nutrients, and support children’s long-term development.

The Global Gut Health Summit Vietnam 2026 was held in Vietnam for the first time. Photo: FrieslandCampina

Scientific presentations at the summit highlighted the first 1,000 days of life as a critical period for establishing the gut microbiome. Changes during this period can affect gut health, which underpins children’s immune function, resistance to disease, and long-term development.

Experts also emphasised the role of communication pathways between the gut and other organs, including the brain, liver, and lungs. These findings are broadening the understanding of the gut, shifting the perspective from viewing it solely as a digestive organ to recognising it as a system that influences multiple aspects of a child’s development.

Building on new scientific findings on the microbiome, the event also focused on factors that can influence the formation and development of the gut microbiome during early life.

According to experts, children born by Caesarean section or exposed to antibiotics early in life may experience changes in their gut microbiome, including a reduction in beneficial bacteria such as Bifidobacteria and an increase in certain bacterial groups, such as Proteobacteria.

These changes may affect immune system development and have been associated with a higher risk of certain conditions later in life, including allergies and inflammatory bowel disease.

Dr. Phan Huu Phuc, deputy director of the National Children’s Hospital and general secretary of the Vietnam Paediatric Association, said, “In paediatric practice, we frequently encounter children with digestive disorders, food allergies, or recurrent infections. A growing body of evidence shows that the gut not only performs digestive functions but also plays an important role in the immune system. These new insights provide doctors and families with a stronger basis for early childcare, helping promote healthier and more comprehensive development during the first years of life.”

Besides the latest findings on the microbiome, the summit presented further evidence of the role of nutritional solutions in supporting gut health in young children.

Studies presented at the summit showed that human milk oligosaccharides (HMOs), galacto-oligosaccharides (GOS), and probiotics can help support a healthy gut microbiome, one of the key elements of the “three pillars” model highlighted by experts.

Some data indicate that supplementation with these ingredients can help reduce the risk of respiratory infections and diarrhoea, while also contributing to lower hospitalisation rates and supporting the management of cow’s milk protein allergy in appropriate groups of children.

Essam Elkafrawy, global medical marketing lead at FrieslandCampina, outlines Friso’s approach to promoting global scientific collaboration. Photo: FrieslandCampina

The summit also stressed that solutions designed to support the gut microbiome should be selected based on scientific evidence and tailored to each child’s needs.

Another notable topic was the role of Milk Lipid Complex (MLC). Research suggests that this ingredient can help reduce hard stools and alleviate digestive discomfort. MLC may also help reduce the duration of night-time crying in infants.

These scientific insights are also informing Friso’s product research and development. Friso’s nutritional formulas combine HMOs, GOS, probiotics, and MLC to support the gut microbiome and help strengthen the gut’s natural protective barrier. This approach is designed to support more comfortable digestion and nutrient absorption, laying the foundations for children’s long-term development.

Essam Elkafrawy, global medical marketing lead at FrieslandCampina, said, “New insights into gut health are helping to change the way we understand the importance of the early years for children’s development. Through the Global Gut Health Summit Vietnam 2026, we are promoting scientific collaboration and sharing the latest evidence in this field.”

“This is also the direction Friso is pursuing in developing science-based nutritional formulas to support digestion and nutrient absorption, strengthen immunity and resistance to disease, and deliver Dutch gut-comfort milk solutions for children during their early years,” he said.

The forum attracted more than 250 delegates and was held with support from the German Embassy in Hanoi, the German Consulate General in Ho Chi Minh City, the German Agency for International Cooperation, Germany Trade & Invest, and the Vietnam Trade Promotion Agency.

Nguyen Loc Ha, Vice Chairman of Ho Chi Minh City People’s Committee, highlighted the positive outcomes of economic cooperation between the city and Germany, while affirming that significant potential remains for bilateral cooperation.

In the first nine months, trade between Ho Chi Minh City and Germany reached nearly $2 billion. Germany currently has 316 investment projects in the city, with total registered capital of more than $742 million, alongside 27 representative offices of German businesses.

“These results provide an important foundation for our confidence that there remains significant potential to expand cooperation between the two sides,” Ha said. “As major economic hubs and international trade gateways for their respective countries, Hamburg and Ho Chi Minh City share many similarities in their standing, potential and development orientations, particularly in maritime transport, logistics, industry, science and technology, and innovation.”

Dr Peter Tschentscher, First Mayor of Hamburg, highlighted the longstanding foundation of friendship between Germany and Vietnam and reaffirmed Hamburg’s desire to deepen cooperation in trade, logistics, technology, sustainable development, science and education.

“We want to share knowledge, combine the strengths of both sides and develop joint strategies,” Tschentscher said.

As one of Germany’s leading port and logistics hubs, Hamburg has extensive experience in port infrastructure development, logistics digitalisation, renewable energy and green technologies. These strengths are expected to create practical opportunities for cooperation, helping Vietnam modernise its infrastructure and strengthen its integration into international trade networks.

Alexander Ziehe, chairman of the German Business Association in Vietnam, emphasised the importance of trust and long-term partnerships as the global economy undergoes profound changes driven by technology, shifting supply chains, sustainability requirements and geopolitical uncertainty.

“German businesses increasingly see Vietnam not only as a promising market but also as a strategic partner for the future, offering significant opportunities for cooperation in advanced manufacturing, logistics, healthcare, renewable energy, digital technology and education,” Ziehe said. “Economic cooperation is measured not by speeches or meetings, but by new investments, new projects, new jobs and new partnerships.”

Peter Kompalla, chief representative of AHK Vietnam, said Germany-Vietnam relations should continue to evolve beyond traditional trade and investment towards deeper cooperation in technology, productivity and value creation.

“The three strategic priorities for the next phase are improving productivity and advancing industrial transformation; developing infrastructure and accelerating the green transition; and training a high-quality workforce. Combining Germany’s technological strengths and management expertise with Vietnam’s manufacturing capabilities, workforce and dynamism will drive growth and enhance the competitiveness of both economies,” he said.

According to the Foreign Investment Agency under the Ministry of Finance, bilateral trade between Vietnam and Germany exceeded $13.6 billion in 2025, up more than 16 per cent from 2024. In the first eight months, two-way trade surpassed $11 billion, with Vietnam’s exports to Germany reaching approximately $8 billion, up nearly 30 per cent on-year.

In terms of investment, as of September 30, Germany had 538 valid projects in Vietnam, with total registered capital of more than $3 billion, ranking 18th among 154 countries and territories investing in Vietnam.

According to Dao Thanh Huong, deputy director general of the Foreign Investment Agency, these were encouraging results. However, given the scale of the German economy, its industrial capabilities and Vietnam’s demand for technology, standards, management expertise and highly skilled workers, there remains considerable scope to expand bilateral investment cooperation.

“Vietnam-Germany trade has built a dynamic foundation. Investment now needs to make a stronger, deeper and more substantive leap forward,” Huong said. “The EU-Vietnam Free Trade Agreement has laid an important foundation for bilateral trade. Germany has ratified the EU-Vietnam Investment Protection Agreement and Vietnam hopes the remaining EU member states will complete their ratification processes soon, allowing the agreement to enter into force and provide a more favourable legal framework for long-term investment decisions.”

The forum featured three thematic sessions focusing on investment, industry and infrastructure; technology, innovation and the green transition; and human resources for industrial transformation.

Experts and business leaders discussed opportunities to attract investment, develop infrastructure, adopt advanced technologies, encourage sustainable manufacturing and train highly skilled workers, with the aim of strengthening Germany-Vietnam cooperation and enhancing economic competitiveness.

Germany and Vietnam agree on new pillars Vietnam and Germany are set to elevate their bilateral ties, paving the way for intensifying investment and trade cooperation, especially in new industries.

GBA marks 30 years with 2025 Business Awards in Ho Chi Minh City The German Business Association in Vietnam (GBA) has celebrated excellence in innovation, sustainability, and community engagement at its 2025 Business Awards.

German Business Initiative 2025: 735 Billion Euro Green Tech Splash Private-led fund targets hydrogen, chips and grid upgrades, handing Europe reporters German investment keywords and sector split.

Compared with traditional cash collection at transaction points, APN (Account Payout Network) Realtime significantly streamlines the journey of remittances from overseas to Vietnam.

The entire process is handled digitally in real time, allowing funds to be credited to recipients’ accounts almost immediately after senders complete their transactions. Recipients no longer need to visit a bank counter or rely on banking hours.

Image courtesy of VPBank

In particular, the service operates 24/7, including weekends and public holidays, meeting the need to receive money at any time.

Recipients are not charged any fees and face no limit on the number of remittance transactions they can receive.

By transferring funds directly into bank accounts, the service also delivers a more seamless financial experience, enabling customers to make payments, spend or continue managing their cash flow through digital banking platforms without having to convert the funds into cash.

“Every remittance transaction is linked to practical needs in daily life and financial plans. Recipients therefore care not only about whether the money arrives safely, but also expect the process to be fast and secure.

Launching the APN Realtime service for receiving Western Union remittances is how we respond to these needs, while helping bring remittance services in Vietnam closer to international transaction standards,” a VPBank representative said.

Bringing the world closer with a single tap

Vietnam received approximately $16 billion in remittances in 2024, with the figure continuing to rise to $17.7 billion in 2025.

These figures highlight the sustained scale of cross-border money transfers and underscore growing expectations for speed, convenience and flexibility in receiving funds.

For customers, the value of this connection goes beyond shorter waiting times.

When remittances are transferred directly into bank accounts, recipients can continue to access payment, savings, investment and financial management services on a single platform, rather than having to convert the funds into cash first.

By combining Western Union’s global money transfer network spanning more than 200 countries and territories with VPBank’s technological capabilities and advanced digital banking infrastructure, the message ‘halfway around the world, connected with just one tap’ captures the experience the two parties aim to deliver. Geographical distance is no longer a barrier as technology enables money sent from overseas to reach loved ones in Vietnam more quickly and conveniently.

The APN Realtime remittance service also marks a concrete step in VPBank’s efforts to realise its vision of ‘Shaping the Future of Digital Remittances’.

By leveraging technology to shorten processing times and simplify the receiving process, VPBank continues to reinforce its pioneering role in the digitalisation of financial services, helping deliver banking experiences that are faster, more convenient and increasingly seamless for customers.

VPBank is one of Vietnam’s leading private-sector banks, offering a broad range of financial services to individual and corporate customers, meanwhile Western Union is a global provider of cross-border, cross-currency money transfers and related financial services, operating through a combination of digital platforms and an extensive agent network across more than 200 countries and territories.

For more information, please call the hotline at 1900 54 54 15 or visit: vpbank.com.vn/ca-nhan/dich-vu-ca-nhan/dich-vu-western-union

VPBank upgrades core banking with Temenos and Systems Limited VPBank, one of Vietnam's top five private commercial banks, has successfully upgraded to the latest Temenos core banking system, in collaboration with Systems Limited, deploying the platform on Red Hat OpenShift.

VPBank strengthens auto supply chain finance with Suzuki partnership VPBank has expanded its supply chain financing activities in the automotive sector through a new partnership with Suzuki’s official distributor in Vietnam.

VPBank to raise $250 million via foreign private placement VPBank is planning a private share sale to a foreign investor as part of a two-stage capital increase that would raise its charter capital from $3.17 billion to $4.25 billion.

VPBank signs maiden $1.44 billion sustainability-linked loan VPBank has signed its first sustainability-linked loan, totalling $1.44 billion, with 15 international financial institutions acting as Mandated Lead Arrangers, Underwriters, and Bookrunners (MLAUBs).

Jung-hee Bae, newly appointed Chief Commercial Officer of CLASSYS. (Photo: CLASSYS)

Following CEO Jun-oh Yoon's appointment in July, CLASSYS restructured its organization to sharpen its focus on markets and customers, bringing its Marketing, Domestic Sales and Overseas Sales Divisions together under the GTM Center. Bae will lead the center, integrating sales and marketing capabilities to drive global expansion.

Bae's appointment follows those of CEO Yoon, who previously led M&A and portfolio strategy at Samsung Group and Samsung Electronics, and CTO Taek-Soo Kim, a Stanford Ph.D. formerly with Samsung Advanced Institute of Technology (SAIT). Together, they form an executive team spanning strategy, technology and execution.

Bae graduated from Korea University and earned an MBA from Harvard Business School. After starting her career as a systems engineer at LG CNS, she worked at Monitor Group and Deloitte Consulting before becoming a partner at Bain & Company, where she helped clients in more than 30 countries launch brands, enter emerging markets and build distribution channels. Most recently, she led Bain's AI and digital strategy practice.

With Bae on board, CLASSYS will focus on three priorities: accelerating growth in key international markets including the Americas, China and Europe; reinforcing its leadership in South Korea; and advancing data- and AI-driven GTM operations and marketing. These efforts support the company's goal of reaching $1 billion in revenue ahead of 2030.

"By establishing the GTM Center, we will accelerate expansion and growth, bringing CLASSYS's advanced technologies and products to customers around the world more quickly," said CEO Jun-oh Yoon. "CCO Jung-hee Bae is well positioned to help shape CLASSYS's 'Next Stage.'"

"CLASSYS brings together differentiated products and technologies valued in markets worldwide, along with an exceptional team of professionals," said CCO Bae. "My first priority will be to visit our key markets and listen directly to customers and hospitals."

CLASSYS's portfolio of energy-based devices (EBDs) includes Shurink Universe, a high-intensity focused ultrasound (HIFU) system; Volnewmer, a monopolar radiofrequency (RF) device; and Quadessy, a microneedling RF device. International sales account for approximately 76% of total revenue.

View Full Article: https://www.prnewswire.com/news-releases/classys-appoints-former-bain--company-partner-jung-hee-bae-as-chief-commercial-officer-to-accelerate-global-expansion-and-growth-302905444.html

Operating in 34 countries with nearly 2,900 employees, HR Path supports companies in transforming their HR function through its three service lines: Advise, Implement and Outsource. Since its creation in 2001, the Group has placed technological innovation at the heart of its development and supports clients in evolving their organisations, processes and HR technologies.

AI: a major opportunity to transform Human Resources

HR Path sees Artificial Intelligence as a major opportunity to transform professions, enhance the employee experience and create new sources of value for companies.

This vision is based on a strong ethos: AI should reduce repetitive tasks, augment teams' capabilities and free up more time for high-value activities. It also gives employees the opportunity to develop new skills and focus on more rewarding assignments.

To accelerate this momentum, HR Path has created a Task Force dedicated to Artificial Intelligence, bringing together expertise from across the Group to explore AI use cases and opportunities.

HR Path has also recently launched a dedicated AI offering to support clients in their transformation. It includes assessing AI maturity and HR data, identifying and prioritising use cases, transforming HR processes, driving adoption and skills development, and defining roadmaps to generate and measure the value created.

HR Path's ambition is to make AI a common theme across its entire portfolio: in Advise, to support organisations in defining their AI strategy and transformation; in Implement, to activate and integrate new AI capabilities within HR solutions; and in Outsource, to automate selected activities and continuously improve HR operations.

SnapAI: a new milestone in HR Path's AI ambition

The acquisition of SnapAI is fully aligned with this strategy. It enables HR Path to strengthen its expertise and accelerate its ability to turn rapid advances in Artificial Intelligence into practical solutions that create value for its clients. AI applications in recruitment, assessment and employee management are among the systems classified as high-risk under the European AI Act. SnapAI's expertise in governance and compliance enables HR Path to support clients in deploying AI in a way that is both ambitious and controlled.

As one of the contemporary multinational randomized DCB trials undertaken to date, SPARX is expected to generate the evidence needed to define the future role of drug-coated balloons in complex coronary intervention.

Addressing an Unmet Clinical Need

Prof. Adnan Kastrati, Study Chairperson, German Heart Centre, Germany, highlighted the clinical rationale of the trial:

"Despite advances in drug-eluting stent technology, permanent metallic implants may be associated with late adverse events beyond the first year. Drug-coated balloons, which leave no permanent implant, offer a therapeutic alternative, supported by growing evidence across multiple lesion subsets. However, randomized evidence in complex coronary artery disease remains limited. SPARX has been designed with the aim to further define the role of drug-coated balloons in contemporary coronary intervention."

Prof. Florim Cuculi, Global Lead Principal Investigator, Luzerner Kantonsspital, Switzerland commented on the trial's significance:

"SPARX has been designed as a multinational randomized trial comparing a DCB-first strategy with contemporary drug-eluting stents across a broad spectrum of complex coronary lesions. The study will enroll 1,380 patients across 10 countries with two-year follow-up and a one-year Device-Oriented Composite Endpoint (DOCE) as the primary endpoint. In addition, SPARX will provide randomized head-to-head comparative data between two established paclitaxel-coated balloon technologies. We believe SPARX aims to define the role of drug-coated balloons in contemporary coronary intervention."

Dr. Praveen Chandra, Global Co-Principal Investigator, Medanta- The Medicity, Gurgaon, India mentioned:

"India represents one of the world's highest-risk coronary artery disease populations, with a high prevalence of diabetes and diffuse complex coronary disease. This makes it an important setting for evaluating drug-coated balloons in contemporary clinical practice. We believe SPARX intends to generate clinically relevant evidence that support treatment decisions for physicians in contemporary coronary intervention."

Sudipta Ghosh, Chief executive officer- cardiovascular, Translumina Therapeutics Private Limited, stated:

"SPARX represents a significant milestone in our commitment to advancing evidence-based innovation in interventional cardiology. The trial is evaluating the Protégé™ Paclitaxel-Coated Balloon, which pairs a distinctive drug application method with our proprietary technology to help preserve drug integrity during delivery. Through SPARX, we aim to generate high-quality randomized clinical evidence that will help define the role of drug-coated balloons and the 'leave nothing behind' strategy in complex coronary artery disease, ultimately supporting physicians in delivering the best possible care for their patients."

The SPARX Global RCT is sponsored by Translumina Therapeutics Private Limited, India.

CTRI Number- CTRI/2026/04/109375

ClinicalTrials.gov ID - NCT07397845

For more information, visit integrismedtech.com.

As digitalization advances and AI applications become more widespread, the complexity and sophistication of cyber-attacks continue to grow. In response to this inevitable trend, LinkAxia Networks aims to address this challenge by offering the Zscaler Zero Trust Exchange platform™ to its partner network and their clients to deliver enhanced cybersecurity protection.

Across Malaysia's public sector and GLC landscape, many organisations are managing a growing mix of remote users, cloud and SaaS applications, sensitive data and increasingly sophisticated cyber threats. Traditional VPN and perimeter-based security models can create challenges such as slow and complex remote access, Internet traffic being backhauled to data centres, limited visibility over SaaS and AI usage, and increased risk of data leakage.

With this appointment, LinkAxia Networks brings Zscaler's Zero Trust capabilities to help organisations address these challenges. The platform enables secure access to private applications without exposing them to the internet, cloud-delivered security for internet and SaaS traffic, and stronger protection for sensitive data across web, cloud and AI applications. In January 2026, Zscaler announced a new data centre in Kuala Lumpur, strengthening local capacity, performance and resilience for customers in Malaysia. Together, these capabilities can help organisations, particularly NCII entities, address relevant areas of the National Cyber Security Baseline (NCSB), including Zero Trust architecture, access control, data protection and network security, as they strengthen cyber resilience within Malaysia's cybersecurity regulatory framework under the Cyber Security Act 2024 (Act 854).

"We are excited to partner with LinkAxia Networks as an authorized distributor of Zscaler's Zero Trust Exchange platform in Malaysia," said Anthony Torsiello, SVP, WW Partners and Alliances, at Zscaler. "As we continue to expand our presence in Malaysia, Zscaler's partnership with partners like LinkAxia Networks is crucial in ensuring our growing customer base has the support needed to strengthen their Zero Trust strategies."

"Malaysia advances towards its AI Nation aspirations, cybersecurity must evolve alongside the way people work and deliver public services. The introduction of Hybrid Workday (HBH) Policy across the civil service reflects a new way of working - one where users, applications and data need to be securely connected from anywhere, not just from within the traditional office perimeter," said Eugene Cheang, Business Director at LinkAxia Networks. "Our partnership with Zscaler brings proven Zero Trust capabilities to Malaysia's Public Sector and GLCs, enabling organisations to embrace this transformation with greater confidence while strengthening cyber resilience for the future."

Public sector organisations and GLCs that are reviewing VPN replacement, Internet and SaaS security, data protection, AI security or Zero Trust initiatives may contact their preferred technology partner or LinkAxia Networks via email at info@linkaxia.com to arrange an initial discussion.

For more information, visit www.linkaxia.com

Thirty years ago, the smart vehicle was presented as an art object beneath the Louvre Pyramid. Today, smart returns to Paris with the fully realised production smart #2.

Tong Xiangbei, Global CEO of smart, said: "The smart #2 is more than the return of a familiar silhouette; it is a demonstration of what our teams can achieve in the most demanding urban segment. Its World Premiere in Paris, followed by launches in Europe and China, opens an important new chapter for our global product family."

Kang Yi, Global CMO of smart, said: "The smart #2 expresses our core D.N.A. in a very pure way: Designed with Love, No Compromise on Safety, and Amazing Drives. It is small in footprint, but big in personality."

An Icon for a New Generation

Styled by the Mercedes-Benz Global Design Team, the smart #2 translates the character of smart's iconic two-seater into a contemporary new form, guided by its design philosophy of Love, Pure, Unexpected.

Clean proportions, short overhangs and its signature wheels-at-the-corners stance preserve the pure smart silhouette and maximise space. Unexpected details, including logo-inspired lighting and a contemporary interpretation of the iconic floating roof, reinterpret familiar smart cues.

Inside, bench-style seating and S-shaped cockpit make efficient use of the compact cabin, while carefully considered colours, materials and distinctive details bring warmth and individuality.

The Split Tailgate features an upper glass that opens independently in tight spaces, and a lower section that folds down as a loading platform or a 120-kg capacity seat.

smart #2 Couture Edition: Function becomes Fashion

As a surprise highlight, smart also unveiled the exclusive smart #2 Couture Edition, carrying the established "Function becomes Fashion" theme from concept to production.

Limited to 999 units in Europe and 999 units in China, the Couture Edition combines an Atelier White Matte exterior finish with a contrasting Platinum Gold roof, distinctive gold detailing and exclusive 16-inch Lyra rims. A numbered interior badge further underlines its limited-edition character.

Purpose-Built for Urban Mobility

Underpinning the smart #2 is the newly developed Electric Compact Architecture (ECA) platform, engineered specifically for smart's ultra-compact all-electric two-seater.

Measuring 2,746 mm in length, the smart #2 maximises usable space within its ultra-compact footprint. The ECA platform brings together intelligent packaging, a floor-mounted high-voltage battery, rear-wheel drive and advanced chassis technology.

Power comes from a rear-mounted 60 kW electric motor delivering 130 Nm of torque to the rear wheels.

For Europe, the smart #2 features a 35.8 kWh LFP battery, with a target combined WLTP range of 290 km. Supporting 65 kW DC fast charging, the smart #2 can charge from 10% to 80% state of charge within 20 minutes, while AC charging at up to 11 kW supports convenient everyday charging.

A curb-to-curb turning circle of just 6.95 metres makes navigating tight city streets and narrow parking spaces effortless.

The smart #2 features a five-link rear suspension, a first in its class, supporting confident and composed driving both in cities and on highways.

Central to the smart #2, the Tridion Cell Evo creates a robust protective structure around the passenger cabin without compromising the vehicle's compact dimensions. The vehicle also comes equipped with driver-assistance technologies including smart Pilot Assist and Adaptive Cruise Control (ACC) with Stop & Go and Highway Assist.

The smart #2 Begins Its Global Market Rollout

Following its World Premiere in Paris, early ordering for the smart #2 will begin in Europe and China, bringing smart's iconic two-seater to two of the brand's key markets.

For Europe, the smart #2 will initially be offered in three core trim lines — Pure, Pure+ and Premium — alongside the limited Couture Edition.

For China, the smart #2 will be unveiled in Premium and Couture Edition variants.

Market-specific line-ups, pricing, specifications, equipment and availability will be communicated locally.

During the third quarter, DPC Dash expanded its store network and broadened its product and marketing initiatives under its 4D strategy of Development, Delicious Pizza at Value, Delivery and Digital.

Under its "Go Deeper, Go Broader" strategy, the Company strengthened its presence in existing cities and extended its footprint into new markets. By September 30, 2026, DPC Dash operated 1,634 stores across 87 cities, including 908 stores in initial cities and 726 stores in new cities, representing a net addition of 84 stores and entry into 12 additional cities compared with the previous quarter. New cities continue to drive network expansion, accounting for approximately 44% of the total network.

Over the first nine months of 2026, the Company added 319 net new stores and entered 27 new cities.

As of September 30, DPC Dash had secured 100% of its full-year 2026 opening target of approximately 350 net new stores through stores already opened, under construction or signed, up from approximately 89% as of June 30.

In 3Q2026, DPC Dash achieved positive same-store transaction count growth ("SSTG"). Average transaction price ("ATP") continued to stabilize and recorded a modest sequential uptick compared with 2Q2026, supported by a series of marketing initiatives, against the backdrop of the gradual rationalization of third-party aggregator platform ("3PP") subsidies. Same-store sales growth ("SSSG") remained negative, mainly because ATP was lower than in 3Q2025, despite healthy year-on-year transaction count growth and signs of gradual ATP recovery.

As the Company continued to roll out delivery services, delivery transactions accounted for 30% of total transaction volumes in New City Markets in 3Q2026, up from 25% in 1H2026. Third-party aggregator platforms remained an important channel as the Company further expanded its delivery business in these markets.

The continued expansion of the Company's loyalty program supported its digital strategy and customer engagement, building a resilient proprietary platform ecosystem. As of September 30, 2026, total loyalty program members reached 45.2 million, compared with 32.9 million as of September 30, 2025. Over the past 12 months, approximately 19.9 million new customers placed their first orders through both the Company's own channels and third-party channels.

On product innovation, DPC Dash introduced the Durian Roast Chicken Pizza, pairing generous portions of durian flesh with tender roast chicken to offer consumers a new taste experience.

On festive and seasonal marketing, DPC Dash re-hit its core product, the Salted Egg Yolk Flavored Chicken Pizza, with a limited-edition Star & Moon design for the Mid-Autumn Festival. During Major Heat, a traditional Chinese calendar period associated with peak summer heat, the Company ran a tongue-in-cheek campaign, spotlighting seasonal potato pizza flavors to address summer dining demand.

To strengthen its value proposition, DPC Dash headlined the quarter with a RMB79 six-piece set comprising two 9-inch pizzas plus multiple sides and drinks, delivering standout value for money. The quarter's offers also included an affordable solo combo and the limited-time return of "Mega Week", a buy-one-get-one-free promotion on Signature and Classic Flavor pizzas.

To build emotional connections and encourage playful engagement, DPC Dash promoted its buy-one-get-one-free offers through social media content including "Favorite Brands and Flavors – You Have it All", "Second One On The House" and "Pizza Freedom". The "Finding Domino's Red & Blue" campaign invited customers to spot and share red-and-blue color pairings in everyday life, encouraging social media engagement and reinforcing Domino's brand image.

Beyond its product and marketing initiatives, DPC Dash continued to receive recognition for its focus on quality and consumer trust. The Company was named to Southern Metropolis Daily's 2026 Top100 High-Quality Consumer Brands list for the third consecutive year and was again named a Top10 High-Quality Consumer Brand. DPC Dash also received Jiemian News' 2026 Consumer Trust Award – Western Fast Food of the Year.

For the full figures, please refer to DPC Dash's Third Quarter 2026 Investor Fact Sheet ("Investor Fact Sheet") here.

For more information, please visit: www.dpcdash.com

For official company announcements, please visit: www.hkexnews.hk