The 20th National Scientific Conference of the Vietnam Urology and Nephrology Association, held in Ninh Binh. Photo courtesy of GSK Vietnam

Diabetes mellitus can weaken the immune system and reduce its effectiveness. Studies show that patients with diabetes may be more likely to develop respiratory tract infections and pneumonia. Patients with diabetes are also at a 38 per cent higher risk of developing shingles. In addition, diabetes increases the risk of severe RSV illness among older adults.

Meanwhile, people with CKD are estimated to have a 29 per cent higher risk of developing shingles, further increasing the risk of infections such as RSV, and severe RSV illness.

From an endocrinology and diabetes perspective, the American Diabetes Association (ADA) includes vaccination among the recommended care components for people living with diabetes.

Nguyen Khoa Dieu Van shared about infection prevention in diabetes management. Photo courtesy of GSK Vietnam

Nguyen Khoa Dieu Van, vice president of the Vietnam Association of Diabetes and Endocrinology, emphasised, said, “Age-related immune decline, together with underlying conditions, can make infections more severe. Therefore, people with diabetes need to understand that vaccination is part of an ‘immune shield’, as important as controlling blood glucose, blood pressure, and blood lipids.”

Meanwhile, the Kidney Disease: Improving Global Outcomes (KDIGO) 2024 guideline on chronic kidney disease also refers to an “immunisation programme” as one of the proactive care models for patients. In Vietnam, the Recommendations for Vaccination Practice in Patients with Chronic Kidney Disease, published by VUNA in August 2026, are also aligned with the international recommendations outlined above.

Vo Tam, vice president of the Vietnam Urology and Nephrology Association, said, "Risk assessment and preventive counselling should be integrated into long-term follow-up, based on each patient’s health status and needs. Healthcare professionals may review vaccination history and provide counselling on appropriate preventive measures for each patient."

The preventive approach is also reflected in Decision No.1983/QD-BYT dated July, issued by the Ministry of Health on guidance for the control of risk factors, people with risk factors, and people with non-communicable diseases in the community through vaccination, including vaccine-preventable diseases such as hepatitis B, HPV, RSV, influenza, pneumococcal disease, and shingles followed guideline of the Ministry of Health.

When treatment and prevention are integrated in a balanced way, patients have more opportunities to maintain their health and improve their quality of life. This is also the shared spirit that scientific conferences, with the support of GSK Vietnam, are working towards placing patients at the centre, connecting treatment with prevention, and promoting a more comprehensive approach to care for older adults with underlying conditions.

GSK expands efforts to fight antimicrobial resistance in Vietnam Antibiotic resistance is emerging as a major global health threat, prompting action in Vietnam to promote rational use of antibiotics.

Proactive disease prevention and personalised treatment: a new approach in the era of population ageing At the 2026 conference “Research and Application in Medicine,” organised by the Vietnam Medical Association on August 28, experts shared updates on scientific research and clinical practice in disease prevention and treatment, ranging from life-course immunisation to advanced treatment solutions for non-communicable diseases.

Symposium highlights RSV risks in older adults Population ageing underscores the urgent need for proactive prevention to protect older adults, particularly those with underlying conditions, from the serious health risks associated with Respiratory Syncytial Virus (RSV).

The proposal was mentioned at the sixth session of the National Assembly Standing Committee in Hanoi on September 30, on amending the Law on Investment.

The proposed amendments seek to address institutional obstructions in investment and create a framework that is more responsive to investors, while ensuring that incentives generate tangible economic and social benefits.

Presenting the government’s proposal, Minister of Finance Ngo Van Tuan said, “The draft focuses on three major areas, namely improving regulations on market access for foreign investors; renewing investment incentives and support policies; and further streamlining investment procedures and strengthening state management of foreign-invested economic activities.”

The draft law adds Clause 3a, Article 8, regarding the loosening of market access conditions for foreign investors according to a suitable roadmap based on a full and comprehensive assessment of impacts, ensuring transparency, uniform application, and non-discrimination among investors.

Besides that, it aims to improve market access for foreign investors, accelerate the process of upgrading the stock market based on substantive reforms, and resolve the pending limitations in the list of industries and trades with restricted market access.

The draft also refines regulations on investment incentives and support policies to innovate the orientation of foreign investment, build superior and competitive incentive mechanisms, and boost the green economy and digital economy.

The draft law adds new investment support methods: for supply chain development; for product manufacturing, product improvement, and innovation; and for initial investment and fixed-asset investment. In addition, it offers support for cooperation and linkages between businesses and higher education institutions, vocational education institutions, and sci-tech organisations.

The proposed approach would gradually shift from offering tax and land cost incentives towards support linked to the effectiveness of projects and their contributions over the project life cycle.

The draft also provides for incentives allowing the government to decide on exceptional support packages for projects that are considered necessary to attract and have significant spillover effects.

The draft combines the revised content relating to regulations supporting the transformation and development of eco-industrial parks to boost the green economy, and regulations on the operating period of projects in eco-industrial parks (allowing the operating period of projects to be extended but not exceeding 70 years).

Furthermore, the draft also adds regulations on localities’ specific mechanisms for attracting investment, amends and supplements regulations on the Investment Support Fund, and adds regulations on investment attraction orientation by geographical area. It also seeks to encourage investment according to regional growth poles, with priority given to high-tech and green investment in key economic areas and to processing, manufacturing and supporting services in surrounding areas.

The government expects that the new legislation will take effect by April 2027.

VCCI releases 2025 competitiveness index with major upgrade Since its inception two decades ago, the Provincial Competitiveness Index has evolved into an important data ecosystem, helping connect the voice of business with the process of institutional reform.

Electronics FIEs asked to expand Vietnamese supplier networks Foreign-invested electronics companies are being urged to expand their Vietnamese supplier networks and help domestic businesses move deeper into global supply chains.

Molex opens its expanded manufacturing facility in Hung Yen Global electronics and connectivity solutions provider Molex has completed the initial building phase of its expanded manufacturing plant in Hung Yen, strengthening its high-tech manufacturing footprint in Vietnam as its second site in the country.

Vietnam urged to deepen FDI linkages with domestic businesses Vietnam must look beyond the volume of foreign investment it attracts and focus on forging stronger links between foreign-invested and domestic businesses, enabling Vietnamese companies to raise localisation rates and move up global supply chains, a conference has heard.

MTA Hanoi 2026 powers next phase of northern manufacturing Amid the ongoing expansion of factories in northern Vietnam, MTA Hanoi 2026 returns from October 13–15 at the Vietnam Exposition Centre in Hanoi, providing manufacturers with opportunities to explore new technologies.

Taking effect on October 1, the law includes key provisions on comprehensive decentralisation and greater autonomy for administrative apparatus, new models for urban planning and development, economic and financial mechanisms, and policies to attract strategic investment.

The Urban Development Law provides for full and comprehensive decentralisation of authority to the people’s councils, people’s committees and chairpersons of people’s committees of cities. It allows the issuance of specific legal documents with provisions different from those approved by central authorities, pilot implementation of new mechanisms not yet covered by law.

It provides that controlled socialisation is permitted for professional and technical activities and for supporting the handling of administrative procedures. Cities may decide on a total number of staff positions not exceeding 20 per cent of the number of civil servants and public employees assigned by the central government, provided that they can balance their own budgets and cover salaries from city budget revenues.

Giving stronger decentralisation and delegation of authority to city governments will help localities to remove part of these impediments and exploit potential. In practice, many cities have significant potential but face difficulties in converting that potential into growth because resources remain fragmented. Land, infrastructure, transport, investment and planning are sometimes governed by different procedures, meaning that a single project can take a long time to complete.

The key is to implement the law in a way that creates a stable legal framework conducive to development, shifting from a mindset of 'urban management' to one of 'facilitating and developing urban areas', shortening processing times and making it easier for residents and businesses. This approach puts people at the centre, uses quality of life and development efficiency as key benchmarks, and gives urban authorities greater initiative in making decisions within their jurisdiction.

Another noteworthy content is urban development in transit-oriented development. In these areas, the city government can use the budget to implement compensation, support, resettlement, land acquisition, urban embellishment and development according to regulations.

Another highlight is the diversification of resources for infrastructure development, including the role of the private sector and public-private partnerships. Expanding capital mobilisation methods is expected to reduce pressure on the state budget while creating more opportunities for businesses to participate in infrastructure and urban development projects.

For the real estate market, improving the legal framework and increasing transparency in planning, investment, compensation, and resettlement directly impacts project implementation. With clearer regulations, businesses have a more favourable basis for assessing costs, timelines, and legal risks before making decisions.

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

Institutional reform to drive central Vietnam's coastal economy Vietnam's proposed special economic zone model seeks to create a new institutional framework for central coastal economic zones, enhancing governance, attracting strategic investment, and strengthening regional competitiveness and long-term economic growth.

Vinhomes expands sustainable urban real estate development platform Real estate developer Vinhomes advanced its long-term urban property development framework to align with institutional investment shifts toward nature-positive real estate assets.

French developer launches first Vietnam condo project French developer Groupe PierreVal is making its debut in Vietnam through Arcadia at Lavila, its first project in partnership with local developer Kien A Group.

Real estate gains momentum from urban expansion Following the expansion of its development space, Ho Chi Minh City is emerging with new growth hubs centred on industry, high technology, finance and logistics, creating new opportunities for the real estate market while also placing greater demands on infrastructure.

Growing in motion – TOD: reshaping urban lifestyle and space The Vietnam Interior & Build Expo (VIBE) 2026 held a seminar on August 28 exploring how transit-oriented development (TOD) is reshaping urban lifestyles and spaces.

The programme was launched on September 29 with the signing of MoUs between Hoiana and five local authorities, and organisations: Duy Nghia Youth Union, Duy Nghia Commune Police, Cua Dai Border Guard Station, Nam Phuoc Trade Union, and Binh Minh Border Guard Station.

As organisations closely connected to the students and their communities, the partners will work with Hoiana to identify and connect with eligible students, conduct regular visits, and provide ongoing support throughout the three-year programme.

Hoiana and local authorities gives students from disadvantaged backgrounds the encouragement to keep moving forward. Photo courtesy of Hoiana

The 30 scholarship recipients come from Duy Nghia, Thang An, Nam Phuoc, and surrounding areas. They include children who have lost a parent or whose caregivers are no longer able to work. From young children beginning kindergarten to first-year university students, the recipients face various challenges in their daily lives and education, while continuing to work hard to pursue their aspirations.

The monthly scholarships will help ease part of the financial burden on their families and provide students with greater confidence to continue their education. Hoiana and its local partners will also maintain regular contact with the students and their families, monitor their educational progress, and adapt support to their individual circumstances.

Alan Teo, CEO of Hoiana Resort & Golf said, “We believe every child needs support to pursue their education with confidence and nurture their dreams. Through the scholarship programme, we hope not only to provide financial assistance, but also to accompany students as they work towards their goals.”

For a better tomorrow

Vo Huynh Quang Minh, a Grade 10 student at Sao Nam High School in Danang and representative of the scholarship recipients, said, “I am continuing to work hard to pursue my dream of becoming a psychologist, using understanding and compassion to help heal the emotional wounds of others.”

Despite his family’s challenges, Minh has remained committed to his studies and continues to pursue his aspiration of contributing to the community. With timely support and opportunities, students like Minh can continue their education, develop their potential, and, in time, contribute positively to their families and communities.

Quang Minh and many other students continue to pursue their dreams. Photo courtesy of Hoiana

The signing of the MoUs and launch of the scholarship programme mark a further step in Hoiana’s corporate social responsibility efforts, with a focus on continuous, long-term impact rather than one-off support. Through collaboration between Hoiana and local organisations, the programme aims to build a long-term support network in which students receive not only financial assistance, but also ongoing care, connection, and encouragement from the community.

Lieutenant Colonel Nguyen Xuan Thanh, political officer of Cua Dai Border Guard Station and one of the programme’s five partners, said, "Hoiana’s support is a valuable gift that helps students stay in school and work towards a better future. We are committed to delivering this support directly to the students, together with regular care and encouragement. I hope the programme will continue for many years and reach more students facing difficult circumstances.”

Through the scholarship programme, Hoiana hopes to help students on their educational journey. Photo courtesy of Hoiana

Since commencing operations, Hoiana Resort & Golf has partnered on nearly 30 education-related programmes and initiatives, with total funding exceeding VND20 billion ($770,300). The Pathways to the Future scholarship programme further strengthens this commitment through a more sustained and practical approach, creating greater educational opportunities for students in need and contributing to a brighter future for the local community.

Hoiana Shores Golf Club again places in 'Top 100 Golf Courses in Asia' Hoiana Shores Golf Club became one of three golf courses in Vietnam being honoured among the “Top 100 Golf Courses in Asia” for the year 2023-2024.

Hoiana Open Golf Tour raises $50,000 for disadvantaged children Hoiana Open Golf Tournament 2024, hosted by Hoiana Resort & Golf on April 27, raised VND1.2 billion ($50,000) to support underprivileged and disabled children in the central province of Quang Nam.

Hoiana Resort and KoCHAM sign strategic partnership Hoiana Resort & Golf and the Korean Chamber of Commerce and Industry (KoCHAM) have made a significant step forward in their mutual friendship, along with its member companies, aiming to promote the destination, offer special incentives, and enhance connectivity between Hoiana and Korean businesses.

Located at 801 Nguyen Van Linh Parkway, the 12-storey Lawrence S. Ting Building began operations in 2004 as the headquarters of Phu My Hung. Over the years, it has welcomed domestic and international delegations, as well as leading experts visiting to work, tour, and learn about the urban area.

The current 12-storey Lawrence S. Ting Building area will be replaced by C1 complex. Photo: Phu My Hung

The 1.5-hectare C1 site is located within the Phu My Hung International Commercial and Financial District, occupying a gateway position in the urban area.

The project is envisioned as an iconic gateway landmark, expected to comprise a hotel, Grade A offices, serviced apartments, and a high-end shopping centre. Planned at approximately 23 storeys, it will have a total gross floor area of nearly 100,000 square metres.

The development is designed by Nihon Sekkei, the Japanese architectural firm behind several prominent projects in Tokyo, including the renowned Azabudai Hills complex.

3D image for reference of the C1 mixed-use complex. Photo: Phu My Hung

The change is more than simply replacing one building with another. It represents a shift from a workplace to a multifunctional urban destination, responding to the increasingly diverse needs of an international community of residents, professionals, and businesses rather than those of a single development phase.

Truong Quoc Hung, vice president of Phu My Hung Development Corporation, said the company’s strategic vision is to establish Phu My Hung as a central business district of Ho Chi Minh City.

“After more than 30 years of development, Phu My Hung is seizing the opportunity created by stronger transport connectivity between the southern part of the city and downtown, Long Thanh International Airport, Can Gio, and the southeastern and southwestern regions. Phu My Hung is positioning itself to become an important central hub within Ho Chi Minh City’s polycentric urban model,” Hung said.

He added that Phu My Hung 2.0 is about creating a liveable urban area while transforming it into an international-standard centre for commerce, finance, culture, arts, and entertainment, with a strong focus on artistic expression, sustainability, and lasting heritage value.

"Phu My Hung 2.0 is being developed on a rolling basis, bringing vibrancy to each area as it is completed. The approach places people at the heart of development, creating modern, safe spaces that offer residents and visitors a high degree of freedom," he added.

Phu My Hung first announced its Phu My Hung 2.0 development strategy in 2024, aimed at enhancing the overall value of the urban area through landscape improvements, expanded commercial and service amenities, a richer cultural and social life, and the development of healthcare, arts, and cultural facilities meeting international standards.

The first phase comprises a series of large-scale developments across key areas, including the International Commercial and Financial District, Crescent Lake, Medical Campus District, and the Canal District. Rather than simply outlining a vision for the future, Phu My Hung has progressively planned and implemented a series of projects and upgrading programmes.

According to information released by the developer, the first phase encompasses multiple projects with total investment reaching billions of US dollars, spanning landscape improvements, commercial and service facilities, arts and culture, healthcare, and housing.

The demolition of the Lawrence S. Ting Building to make way for a new development can be viewed as a tangible example of how Phu My Hung is putting its 2.0 strategy into practice. This means choosing not to extend a building's useful life simply because it can still be used. Instead, the developer is committing resources and land to a new set of functions that better respond to the city's needs in its next phase of development.

If Phu My Hung in the early 21st century focused on establishing the foundations of a modern urban area, Phu My Hung 2.0 aims to complete an international urban ecosystem where residents can live, work, shop, access healthcare, enjoy arts and culture, pursue leisure activities, and access increasingly high-end services within the urban area.

The strategy also anticipates a set of needs evolving rapidly in Ho Chi Minh City. These include the needs of a new generation of successful young residents, international entrepreneurs and professionals, families with increasingly high standards of living, and businesses seeking an international-standard environment for work and commerce.

An international urban area is defined by its buildings as well as the brands, services, experiences, cultural offerings, connectivity, and quality of life that emerge within and between them, meeting the needs of a global knowledge community coming to Ho Chi Minh City.

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

Hong Hac City partners with EQuest, opens show home in Bac Ninh Hong Hac City has marked a significant milestone with the signing of a strategic partnership with EQuest Education Group and the opening of the Bespoke Collection show home, underscoring the project's progress and long-term development strategy.

For the airfield, during 2021-2030, Phu Quoc International Airport will extend the existing parallel taxiway in both directions to align with the runway, while additional parallel taxiways, connecting taxiways and rapid-exit taxiways will be planned to enhance operational capacity.

The apron in front of Passenger Terminal 2 and the existing apron will be planned to accommodate approximately 42 aircraft parking positions, while the apron between Passenger Terminal 1 and the VIP/general aviation terminal will accommodate around 45 positions.

Completion of the roof and ceiling of Passenger Terminal 2 at Phu Quoc International Airport. Photo: baodautu.vn

The airport’s internal road system will also undergo localised adjustments, including the alignment of the connecting road from the main axis to Passenger Terminal 2 and the addition of several service road sections within the airport to support patrols and ensure security and safety, while meeting requirements for the APEC 2027 Economic Leaders’ Week.

The multi-storey parking facility south of Terminal 1, the staff car park and the motorcycle parking area will also be rearranged.

The plan also adds a retention pond north of the airport and adjusts the system of retention ponds, drainage channels and culverts in the western and southern areas, ensuring integrated drainage capacity both inside and outside the airport area.

For aviation service facilities, the plan adjusts the locations of staging areas for ground service vehicles and equipment to the east and west of the aircraft apron, while adding an area east of the VIP/general aviation terminal to serve APEC 2027.

The facility for the repair and maintenance of vehicles and aviation equipment will be relocated to the west of Passenger Terminal 1.

The aviation fuel supply facility will be located north of the airport on approximately 7.2 hectares, while the refuelling facility for ground service vehicles and equipment will be relocated to the east of the aircraft apron.

The aviation catering facility will be relocated to the southeast of Passenger Terminal 2. An aircraft repair and maintenance service area (hangar) will be planned in the northern part of the airport on approximately 30.4 ha.

The new planning for Phu Quoc International Airport also adds approximately 51 ha in the southern part of the airport and south of the VIP/general aviation terminal for hotel and commercial-service development.

Airline offices and operations centres will be jointly located in this area. In addition, an aviation training facility covering approximately 12.6 ha will be added on reserved land in the northern part of the airport.

The addition of the hotel and commercial-service area is intended both to meet accommodation demand during APEC 2027 and serve passengers, flight crews, experts and airport staff.

Following the adjustments, the total land requirement for Phu Quoc International Airport for 2021-2030, with a vision to 2050, will be approximately 1,040 ha, comprising 558 ha of land managed by civil aviation authorities, around 63 ha managed by the military and 418 ha of shared-use land.

Other provisions will continue to be implemented in accordance with Decision No.427/QD-BXD dated April 15, 2025 of the Minister of Construction approving the planning for Phu Quoc International Airport for the 2021-2030 period, with a vision to 2050.

The Civil Aviation Authority of Vietnam has been assigned to coordinate with An Giang People’s Committee and relevant agencies to organise the publication, management and implementation of the planning, while inspecting and supervising land-use targets.

An Giang People’s Committee is responsible for incorporating the adjusted contents into local planning, allocating and protecting the land reserve, and ensuring readiness to meet the future development and expansion requirements of Phu Quoc International Airport.

Aviation authority considers flight ban on aviation regulation violators The Civil Aviation Authority of Vietnam (CAAV) has requested making a list of troublemakers who violate aviation regulations so they can be banned from flying.

Plans of Phu Quoc airport capacity expansion by 2050 proposed The Civil Aviation Authority of Vietnam (CAAV) has recently submitted a proposal to the Ministry of Transport on the expansion of the Phu Quoc International Airport in the Mekong Delta province of Kien Giang to accommodate 18 million passengers per year by 2050.

Hilton and Sun Group lead Vietnam’s next wave of premium travel As Vietnam’s tourism enters a new era of sustainable, experience-driven growth, Hilton is deepening its commitment to the market through an expanded partnership with Sun Group, set to add nearly 1,800 rooms across five new properties, including Conrad, LXR, and DoubleTree by Hilton. Speaking to VIR’s Khanh Linh, Maria Ariizumi, Hilton’s Vice President of Development for Southeast Asia, highlighted the group’s long-term vision for Vietnam and the substantial value this expansion offers to investment partners.

Sun Group partners with CAI to manage Phu Quoc Airport Sun Group has signed a strategic partnership with Changi Airports International to manage Phu Quoc International Airport and introduce a new 'airport destination' model.

According to information published by Vinhomes Ha Tinh Industrial Park Investment JSC on September 25, the additional capital worth $380 million is in cash, from private organisations.

Vinhomes Ha Tinh Industrial Park (IP) is a 100 per cent-owned subsidiary of Vingroup. It was established in October 2024, is headquartered in Hanoi, and primarily operates in the real estate sector. The general director and legal representative of the company is Pham Thi Thanh Huyen.

This company is known as the investor in the construction and operation of the infrastructure of Vinhomes Vung Ang Industrial Park in Ha Tinh province.

The project covers nearly 965 ha of land in the centre of lots CN4 and CN5 of Vung Ang Economic Zone. The total investment for this project is over $528 million. It is expected to be completed before the end of the fourth quarter of 2030.

Vingroup entered the industrial real estate sector in 2020. Besides Ha Tinh, the group also developed several other projects in Haiphong, such as Tan Trao, Trang Cat, and Dinh Vu - Cat Hai.

In late August, the Ha Tinh Economic Zones Management Authority approved VinFast to implement a factory and auxiliary facilities project at Vinhomes Vung Ang IP, covering ​​over 82 ha, with the main components expected to be completed in 2029.

The project has an investment of over $282 million, of which the investor's chartered capital is over $84.4 million, and the remainder is mobilised capital. These items are expected to be completed in the second quarter of 2027. Subsequently, from then to the second quarter of 2029, the project will proceed with the construction of the factory and other auxiliary facilities.

Vinhomes Drives Asian Sustainable Real Estate Market Growth Through ESG Integration Vietnamese property developer Vinhomes expanded its urban development framework across Asian markets by embedding integrated environmental, social, and governance standards into its large-scale real estate projects.

VinFast to pour over $280 million more into Ha Tinh Ha Tinh Economic Zone Management Authority has granted approval for VinFast to implement a factory and auxiliary facilities project at Vinhomes Vung Ang Industrial Park.

VinMetal plans to import one million tonnes of steel to serve production VinMetal plans to import nearly one million tonnes of scrap steel every year to supply its $3.2 billion steel complex in the central province of Ha Tinh.

Vinhomes Green Paradise project achieves ISO 37122 smart city certification Property developer Vinhomes secured Interim Custom ISO 37122 Smart City Certification for its Vinhomes Green Paradise development in Can Gio, Vietnam.

The information was given by vice director of the Department of Taxation under the Ministry of Finance Dang Ngoc Minh, at the specialised seminar on tax policy for foreign-invested enterprises, organised by the Department of Taxation on September 28.

Minh stated that there are approximately 45,000 foreign-invested projects, and only about 1,500 projects with revenue exceeding €750 million ($852.9 million) are obligated to declare the global minimum tax (GMT). These are large corporations and multinational companies.

“Of these 1,500 projects, only about 200 foreign-invested enterprises actually incur tax obligations,” Minh said.

For businesses that previously enjoyed preferential tax rates of 5 per cent and 10 per cent, or tax deductions, when applying the GMT rate, Vietnam applies a general tax rate of 15 per cent.

“The total amount of tax collected by the Vietnamese government from the GMT in 2025 is approximately $624 million. It is a source to serve Vietnam's development and recover the incentives already provided,” he said. “Vietnam's collection of approximately from the GMT will not negatively impact foreign investment flows. Foreign investors' choice of Vietnam as an investment destination will no longer be as heavily dependent on preferential policies as before.”

In the first eight months of the year, Vietnam attracted $40.63 billion in foreign-invested capital inflows, marking a 55.4 per cent increase on year. FDI disbursement was estimated at $17.25 billion, up 12 per cent on year and also the highest eight-month figure recorded over the last five years.

“Vietnam has a strategic location in the global production chain, with a foundation in infrastructure, trade relations, and labour, thereby contributing to the global production chain,” he said.

According to director of the Department of Taxation Mai Xuan Thanh, tax and investment policy and tax management play a particularly important role. For a long-term investor, tax is not simply an expense. Businesses are also concerned about whether the policy is clear, obligations’ predictability, the consistency of the implementation methods, and whether there are appropriate mechanisms for discussion and resolution when problems arise.

“In recent times, the tax policy and legal system continued to be reviewed and improved; tax management has shifted strongly towards modernisation, based on data, risk management, technology application, and enhanced international cooperation. Vietnam is also participating in and gradually implementing international tax standards,” Thanh said.

“For foreign-invested enterprises, business operations are no longer limited to a single country. A transaction can involve multiple entities, markets, and tax legal systems. Therefore, related-party transactions, double taxation avoidance agreements, mutual agreement procedure, advance pricing agreements, information exchange, and data transparency are increasingly directly linked to the tax administration activities of businesses.”

Thanh noted that transparency was a requirement from both sides. From the business side, the tax authorities expect businesses to actively manage compliance, ensuring that records, data, and information accurately reflect the nature of their operations and transactions, and to promptly communicate complex or unclear issues to the tax authorities.

From the tax authorities' side, policies, procedures, and management requirements must be publicly available, clearly guided, implemented consistently, and communicated in a timely fashion.

New fund a solution to GMT concerns The Ministry of Planning and Investment has created a draft decree for a brand new investment support fund, but the scale of the projects and investors under the draft’s purview is the subject of intense debate and discussion.

Preferential support on cards for GMT alignment Green production and business, a favourable digital environment, high-quality human resources, and a suitable living environment are necessary factors for Vietnam in implementing the global minimum tax.

Big foreign groups await GMT direction Foreign enterprises are expecting the early implementation of the government’s new investment support fund so that they can boost investment in Vietnam amid the entry into force of the global minimum tax.

Calculation of top-up payable under Pillar 2 global minimum tax The Vietnam Association of Foreign Invested Enterprises (VAFIE) and Washington D.C.-based International Tax and Investment Center (ITIC) held an international workshop themed "Pillar 2 Global Minimum Tax Implementation in Vietnam" today.

Multinationals keen to thrash out global tax arrangements Multinational enterprises are willing to pay the global minimum tax in Vietnam, but the calculation and implementation of top-up fees may cause a headache.

GMT introduction offers upsides for FDI in Vietnam The global minimum tax (GMT) has been officially implemented in Vietnam since January, incorporating the Income Inclusion Rule and the Qualified Domestic Minimum Top-Up Tax (QDMTT).

Last week, TikTok Shop, in collaboration with the Vietnam E-commerce and Digital Economy Agency (iDEA) under the Ministry of Industry and Trade, announced the “Beyond Vietnam - Vietnamese Goods Take Off” initiative in Ho Chi Minh City, aimed at helping Vietnamese businesses strengthen their digital export capabilities and reach international consumers through discovery e-commerce.

The programme aims to support around 500 businesses in 2026, with at least 10 businesses targeted to secure their first 1,000 international orders through e-commerce. By 2028, the programme is expected to expand training to 2,000 businesses, with the goal of developing a group of enterprises capable of operating discovery e-commerce sustainably in overseas markets, initially focusing on the US and China before expanding to other markets in the Asia-Pacific region.

Le Hoang Oanh, director general of the iDEA, said the initiative is being rolled out as Vietnam accelerates the development of e-commerce under the National E-commerce Development Plan for 2026-2030.

“This approach is expected to help businesses boost online exports and enhance the presence of Vietnamese brands in global markets,” she said. “To reach international consumers, businesses need to align product quality, digital capabilities, products, operational processes, and branding.”

According to the Ministry of Industry and Trade, Vietnam’s online export turnover reached approximately $2 billion in 2025, equivalent to just 0.4 per cent of the country’s total export turnover of $475 billion, leaving considerable room for expansion. Before TikTok Shop added another channel for online exports, Vietnamese goods primarily reached international buyers through platforms such as Amazon, Shopee, and Lazada, while businesses engaged in business-to-business wholesale used platforms such as Alibaba to reach overseas buyers.

Data from the Ministry of Industry and Trade show that more than 350,000 Vietnamese sellers joined Shopee’s global marketplace in 2025, bringing more than 15 million products to international markets. On Amazon, more than 17 million Vietnamese-made products were sold overseas, with export value rising by 50 per cent. Meanwhile, 100 businesses participating in a Vietnam pavilion on Alibaba.com have continued to receive orders from international customers.

Do Quoc Hung, acting director general of the Department of Foreign Market Development, said online exports are emerging as a new route for businesses to enter overseas markets.

“Online export has virtually removed all barriers to entering international markets, bridging the gap between large and small businesses,” Hung noted.

The opportunity is underpinned by the rapid growth of cross-border online trade in major consumer markets. The EU imported approximately 5.8 billion parcels in 2025, up more than 25 per cent on-year, according to the iDEA. In China, cross-border e-commerce import and export turnover reached approximately $409.5 billion in 2025, with exports accounting for 79 per cent, equivalent to around $323.5 billion.

According to Hung, the US and China are the two priority markets for the initial phase, thanks to their large e-commerce markets and the ability to reach consumers through digital content. Vietnam currently accounts for only around 5 per cent of total US import turnover, with strengths in household goods, agricultural and food products, and personal care products.

“US consumers also have strong purchasing power and a high propensity for online shopping. TikTok currently has more than 200 million users in the US,” Hung said. “For China, Vietnam has a geographical advantage, helping optimise shipping time and costs. Some 54 per cent of online shoppers in China have purchased goods from overseas retailers, indicating significant potential for international products.”

Building on these advantages, many businesses have expanded their online retail channels through cross-border e-commerce platforms, making them an important driver of market expansion and revenue growth.

Vietnam Food Industries, a Vietnamese instant food manufacturer, said that after around 30 years of presence in the US market through traditional distribution channels, it began stepping up its online business in early 2026, with its first online store becoming operational in May.

Nguyen Anh Hao, head of e-commerce for its US market, said initial sales on the cross-border e-commerce platform were around three to four times higher than those recorded on several other e-commerce channels the company is currently testing in the US.

“The company plans to strengthen cooperation with content creators in the US in the next phase, step up content activities, and target triple-digit growth in e-commerce in the US this year,” Hao said.

FADO Group, a Vietnamese e-commerce solutions provider, has reached the milestone of 1,000 orders in China, with Vietnamese coconuts among its flagship products. From November 2025 to July 2026, the company sold approximately 143,096 peeled coconuts and diamond coconuts in this market.

Pham Tan Dat, CEO of FADO, said the company currently conducts livestream sessions six days a week in Vietnam and China.

“In Vietnam, the content focuses on product traceability, raw material sourcing, and the real-world context of the products. In China, livestreaming activities focus on consumer interaction, brand storytelling, and order conversions,” Dat said.

The scale of established platforms also points to the growing number of Vietnamese businesses testing cross-border sales.

Globally, the cross-border e-commerce market continues to expand. Business Research Insights forecasts that the market will reach $1.3 trillion in 2026 and $4.3 trillion by 2035, with the Asia-Pacific region accounting for over 40 per cent of the market share.

In Vietnam, export growth through cross-border e-commerce is estimated at 78 per cent in 2025, while the Ministry of Industry and Trade forecasts that export turnover through this channel could reach around $2 billion by the end of 2026.

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At the event, the department signed three cooperation agreements with the agencies, including the Customs Department (under the Ministry of Finance); the Department of Vocational Education and Continuing Education (under the Ministry of Education and Training); the Department of Vietnam Railway (under the Ministry of Transport), and the Vietnam Railway Transport JSC (Vietnam Railways Corporation).

Inter-sectoral units will coordinate to implement the Montreal Protocol (SMS-MP Project), aiming to manage controlled substances, namely hydrochlorofluorocarbons (HCFCs), and hydrofluorocarbons (HFCs), and support Vietnam in fulfilling its obligations under the protocol

Nguyen Tuan Quang, director of the Department of Climate Change, said, “Vietnam will simultaneously implement the roadmap for eliminating HCFCs and gradually reducing HFCs. This is not just a matter of refrigerant management, but directly related to import and export control, the capacity of technicians, training systems, technology transfer, and the participation of businesses and facilities using the equipment.”

In cooperation with the Customs Department, the two departments will exchange information, support risk management, enhance the capacity and equipment of customs forces, contributing to the prevention and handling of violations in the import and export of controlled substances.

For the Department of Vocational Education and Continuing Education, the cooperation aims to strengthen the capacity of vocational education institutions and workers in the refrigeration and air conditioning sector. The focus is on building and integrating content on refrigerant management and good technical practices into training activities; enhancing practical equipment and developing a team of lecturers and technicians to meet the requirements of technology transfer.

For the Vietnam Railway Authority and the Vietnam Railway Transport JSC, the units will cooperate in testing, evaluating, and gradually transitioning to the use of refrigerants with low global warming potential in railway carriage air conditioning systems.

The coordination between specialised management agencies and transport operators will facilitate testing and evaluating the technology under real operating conditions, providing a basis for considering its applicability, gradual transition, and appropriate scaling up in the railway sector.

Nguyen Tuan Quang, director of the Department of Climate Change. Photo: SMS-MP Project

“The three cooperation agreements, while focusing on different areas, are closely related, from managing and controlling these substances at the import and export stage; building capacity and skills for technical personnel; to testing and evaluating technology transition solutions in practice. The participation of management agencies, specialised agencies, and businesses helps connect the project's resources with the capabilities and actual conditions of each industry and sector,” Quang said.

Previously, in late July, the Ministry of Agriculture and Environment (MAE) launched the SMS-MP project.

The SMS-MP project is funded by non-refundable grant aid from the Multilateral Fund for the Implementation of the Montreal Protocol through the World Bank and the United Nations Environment Programme. The MAE is the project executing agency; the Department of Climate Change is the lead agency for implementation.

The project consists of four components, including reducing HFC consumption in the repair and maintenance of refrigeration equipment and the mobile air conditioning sector, and reducing HFC consumption in the manufacturing and repair/maintenance servicing sector of refrigeration and air conditioning equipment through technology conversion and technical capacity building.

The third component is to phase out HCFC substances in the refrigeration and air conditioning repair and maintenance servicing sector. The final component is project management, coordination, monitoring, and evaluation.

The project aims to support the phase-out of 97,5 per cent of baseline HCFC-22 consumption in the refrigeration and air conditioning servicing and maintenance sector from January 1, 2030. It seeks to maintain HFC consumption levels not exceeding the baseline consumption level during 2024-2028 and reduce baseline consumption by 10 per cent from January 1, 2029.

Simultaneously, it aims to reduce greenhouse gas emissions by encouraging the use of non-ozone-depleting, climate-friendly alternative technologies, and enhancing energy efficiency in the refrigeration and air conditioning sector.

Southco launches next-generation liquid cooling access solutions at Computex 2026 Southco Asia has launched its next-generation liquid cooling access solutions at Computex 2026, targeting the growing demand for advanced thermal management in data center and computing infrastructure.

Cooling crude oil prices temper Vietnam's oil and gas stock rally Global oil prices have retreated following a de-escalation of tensions between the United States and Iran, reducing geopolitical support for oil and gas stocks while leaving long-term industry fundamentals largely intact.

Carbon trading platform set for trial run by end of year Vietnam is expediting efforts to establish a carbon market, aiming to launch a pilot phase by the end of 2025 as part of its broader climate agenda and net-zero emissions commitment by 2050.

Carbon market governance tightened to support global climate action The government is stepping up efforts to regulate international carbon trading and greenhouse gas reduction exchanges, aiming to strengthen the country’s role in global climate action.

National cooling plan to support Vietnam’s net-zero goals Vietnam has developed its first National Sustainable Cooling Plan. John Robert Cotton, deputy director of the Southeast Asia Energy Transition Partnership, spoke with Nguyen Oanh about the role of this plan in helping Vietnam achieve its net-zero target and recommendations on how to implement the project efficiently.

Over 100 businesses train on GHG inventory reporting More than 100 businesses in terms of thermal power, cement and iron and steel sectors participated in the two-day training course on strengthening the capacity of the greenhouse gas inventory reporting system at the grassroots level.

According to Minister of Construction Tran Hong Minh, in addition to state budget funding, Vietnam has mobilised approximately $17.8 billion, through the public-private partnership (PPP) model since 2021 to invest in 17 build-operate-transfer (BOT) projects.

“The result demonstrates the practical appeal of transport infrastructure to investors when projects are implemented within an appropriate institutional and policy framework,” he said.

Photo: baodautu.vn

The minister noted that during 2026-2030, Vietnam is expected to construct 2,829 km of new expressways while expanding and completing 1,187 km of existing ones. Total capital requirements are estimated at $50.7 billion.

Of this amount, approximately $16.9 billion has been balanced and allocated from the state budget and investor commitments, leaving approximately $33.8 billion, to be further mobilised.

The significant resource gap highlights the need to further diversify capital mobilisation channels, with the private sector identified as an important source of funding alongside public investment.

Minister Hong Minh said this represents a major challenge but also creates considerable investment opportunities for the business community and credit institutions.

The conference lifted exposure on a pipeline of 29 projects that have been prioritised for investment promotion and calls for investment under the PPP model, with total estimated investment equivalent to about $36.9 billion.

The project portfolio is considered one of the largest efforts to mobilise non-state resources for transport infrastructure in the forthcoming period.

The portfolio was studied and selected based on projects under the Action Programme for the implementation of the Resolution of the 14^th National Party Congress, projects whose investment policies have been approved by the National Assembly, and routes requiring expansion in line with expressway standards to improve traffic safety, increase traffic capacity and meet transport demand.

A key focus is the full expansion of sections of the North-South eastern expressway network, including Mai Son-Cam Lo and Quang Ngai-Dau Giay; the expansion of Ring Road 3 in Ho Chi Minh City from four lanes to six to eight lanes in line with the approved planning; the completion of major ring roads such as Hanoi Ring Road 5; and the development of routes connecting the East-West economic corridor, the Central Highlands and the Mekong Delta region.

Given the substantial capital mobilisation requirements, businesses, banks and consulting organisations attending the conference highlighted the need to diversify funding sources for PPP projects.

Nguyen Viet Long, deputy general director of Consulting at Ernst & Young Vietnam Limited, said that in addition to bank credit, the corporate bond market needs to be unlocked to provide additional long-term capital for infrastructure.

According to data compiled by Ernst & Young, corporate bonds in Vietnam currently account for around 10-11 per cent of GDP, significantly lower than in South Korea and Malaysia.

“If the bond channel for PPP projects is developed effectively, this source of capital can supplement bank credit. However, bonds cannot replace bank credit. During the initial stage of a project, credit remains important; once a project is completed, operates stably and has a verified cash flow, bonds can become an appropriate refinancing channel,” he said.

Tran Hoai Nam, deputy director of VietinBank’s Corporate Banking Division, opined that banks need to closely monitor projects throughout their entire lifecycle, from construction to operation.

“During construction, banks pay particular attention to site clearance, delays, increases in total investment, the capacity of EPC contractors and their ability to fully contribute the required equity. Once a project enters operation, the focus shifts to traffic volume, revenue, pricing and fee policies, and debt repayment capacity,” Nam said.

He proposed further improving the risk-sharing mechanism, accelerating the determination of revenue shortfalls, auditing revenue and ensuring timely budget allocations in cases where the state is required to fulfil obligations under PPP contracts.

Ho Minh Hoang, chairman of Deo Ca Group - a major contractor in the southern region, said PPP should not simply be understood as the state assigning a project to a company and leaving the company to arrange the necessary financing on its own.

According to Hoang, the state and businesses need to jointly design the project structure from the outset, classifying each route section according to traffic volume, revenue and its capacity to recover investment.

“For routes with strong traffic volumes and revenues, private resources can be mobilised to the maximum extent. For projects with lower traffic volumes, the state needs to participate at an appropriate level to ensure feasibility,” he sais.

Hoang also proposed a ‘PPP++’ approach, under which, in addition to the state, investors and banks, construction companies, financial investors, and suppliers of materials, equipment and technology could also participate in the project value chain.

Three large-scale expressway projects soon to be constructed Investment preparations are in full swing from the government, relevant ministries, and sectors, regarding highway construction projects during the next five years, focusing on three massive expressway projects undertaken by the Ministry of Transport between Bien Hoa-Vung Tau, Khanh Hoa-Buon Ma Thuot, and Chau Doc-Can Tho-Soc Trang-Tran De.

Major progress being made on expressway developments Fresh progress is being made on construction sites across Vietnam to achieve the goal of completing 3,000km of expressways by the end of 2025.

Government pushes to complete four expressway projects in 2025 Deputy Prime Minister Nguyen Hoa Binh led a government delegation to the central province of Binh Dinh on June 7 to work with local authorities, contractors, and investors working on four expressway projects, seeking solutions to complete them in 2025.

Infrastructure contractors post strong profit growth amid investment boom Infrastructure contractors are reporting stronger profits as major project wins and rising public investment create new growth opportunities, despite mounting pressures.

The Board cautions the Company's shareholders and others considering trading the Company's securities that no decisions have been made with respect to the Proposal or any alternative strategic option that the Company may pursue. There can be no assurance that any definitive offer will be received, that any definitive agreement will be executed relating to the transaction contemplated by the Proposal or that any other comparable transaction will be approved or consummated. The Company does not undertake any obligation to provide any updates with respect to any transaction, except as required under applicable law.

Forward-Looking Statements

This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "confident" and similar statements. Among other things, the Business Outlook and quotations from management in this announcement, as well as 111's strategic and operational plans, contain forward-looking statements. 111 may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control. Forward-looking statements involve inherent risks, uncertainties and other factors that could cause actual results to differ materially from those contained in any such statements. Potential risks and uncertainties include, but are not limited to, uncertainties as to the Company's ability comply with extensive and evolving regulatory requirements, its ability to compete effectively in the evolving PRC general health and wellness market, its ability to manage the growth of its business and expansion plans, its ability to achieve or maintain profitability in the future, its ability to control the risks associated with its pharmaceutical retail and wholesale businesses, and the Company's ability to meet the standards necessary to maintain listing of its ADSs on the Nasdaq Global Market, including its ability to cure any non-compliance with Nasdaq's continued listing criteria. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and 111 does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

For more information on 111, please visit: http://ir.111.com.cn/.

The Great Restructuring: ASEAN Consumer & Business Pulse Survey 2026, published by Reeracoen Group, a leading Asia-based recruitment and HR solutions group, in partnership with Rakuten Insight, surveyed 3,630 consumers and business leaders across Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam in June 2026. The findings show leadership across several of the region's key workforce and business indicators split between different markets: Vietnam leads on consumer optimism, Indonesia on business confidence and career mobility, Thailand on business investment growth, and Singapore on AI and technology investment — with no single market leading on every measure.

• Indonesia: Highest business confidence at 66% and highest career mobility, with 29% considering a career change.
• Malaysia: Strongest domestic-market orientation, with 75% of businesses identifying their home market as their top growth opportunity.
• The Philippines: Strong business confidence at 65%, highlighting continued business optimism and opportunities in a resilient market.
• Singapore: Leads the six markets in AI and technology investment intent at 33%.
• Thailand: Leads the six markets in business investment growth, with 28% of businesses increasing investment.
• Vietnam: Leads on consumer optimism at 48%, while 16% of businesses are expanding headcount and 46% report improving revenue.

Hiring strategies evolve across ASEAN

Across the six markets, businesses are taking a more targeted approach to workforce growth, with selective hiring cited by 32% to 47% of businesses, while 7% to 16% are actively expanding headcount. Vietnam records the highest hiring-expansion rate at 16%.

Beyond hiring, operational efficiency is the most cited growth opportunity across all six markets, ranging from 35% to 43%, while technology and AI rank among the top three at 24% to 33%.

For Japanese businesses operating or expanding across ASEAN, these differences highlight opportunities across markets while reinforcing the importance of market-specific hiring strategies and a strong understanding of local talent needs.

Technology and income priorities shape talent decisions

In Vietnam, 39% of consumers considering a career change cite AI and automation as their primary motivator, ahead of income growth and work-life balance. It is the only market surveyed where AI and automation rank first among career-change drivers. AI also features prominently among career-change motivations in Singapore at 32% and Indonesia at 30%.

Income diversification is another notable trend, with 71% of consumers in Indonesia and 70% in the Philippines actively seeking additional income—the leading financial response to economic pressure in both markets.

Kosuke Soejima, Managing Director, Reeracoen Japan, said:

"For Japanese companies expanding into Southeast Asia, the biggest risk is treating ASEAN as a single market. This data shows six markets evolving in very different ways—on hiring, on investment, on what workers want from an employer. Understanding those differences market by market is exactly the kind of intelligence we aim to bring to our clients and candidates as they build careers and businesses across the region."

Cheryl Ng, Country Director, Singapore, Rakuten Insight, said:

"The findings highlight how differently consumers and businesses are responding across ASEAN. For Japanese companies and professionals looking at the region, understanding these market-level differences is increasingly important when assessing opportunities, workforce needs and future growth."

For the full six-market findings, including country-by-country profiles and a Leadership Playbook of eight strategic priorities for regional expansion, download The Great Restructuring: ASEAN Consumer & Business Pulse Survey 2026.

• Download the report at:

https://www.reeracoen.co.jp/en/events/ra-asean-not-one-market-2026-japanese-companies-need-to-know?utm_source=jp_pr&utm_medium=referral&utm_campaign=asean_whitepaper_2026_japan

For more information, visit https://www.reeracoen.co.jp/.

and https://insight.rakuten.com.

The most informative technologies are often also the most demanding, requiring expensive instruments, reliance on sequencing, complicated tissue preparation, lengthy workflows and substantial computational resources. While these requirements are manageable in well-resourced research settings, they can become major obstacles in real-world pathology laboratories, where time-sensitive biopsies, clinical practicality and broad patient access are critical considerations.

To address this challenge, a research team led by Professor Shi Peng from the Department of Biomedical Engineering in College of Biomedicine at City University of Hong Kong (CityUHK) has presented Spectrum-FISH, a sequencing-free and amplification-free approach for the spatial analysis of tissue. The method is based on a "touch-and-go" molecular fishing strategy that uses vertically aligned nanoprobes. Unlike existing spatial omics technologies, which typically require extensive tissue pre-treatment, Spectrum-FISH can be applied directly to freshly prepared tissue samples. Spatial information is preserved through a simple yet effective registration strategy, allowing researchers to map molecular signals back to tissue structures and individual cells.

Using a series of experiments involving developing mouse neural tube and olfactory bulb and fresh human colorectal biopsy specimens, the research team investigated whether spatial profiling could be made more accessible by reducing dependence on sequencing, minimising tissue processing and lowering assay costs, while maintaining biologically informative resolution. Spectrum-FISH's compatibility with fresh tissues and sequencing-free design offer advantages in affordability and scalability. Its coordinate-preserving sampling strategy also points to new possibilities for spatial analysis in live or minimally processed tissues. Moreover, its ability to profile messenger RNAs (mRNAs), microRNAs (miRNAs) and RNA methylation provides a potential pathway towards spatial multi-omics that are less dependent on large-scale sequencing infrastructure.

The findings were published recently in Nature Biomedical Engineering in a paper entitled "Sequencing-free spatial profiling of post-transcriptional regulation in fresh tissues using nanoneedle arrays". The study aligns closely with the themes discussed in a recent comment article, "Clinical translation of spatial omics", co-authored by Professor Shi and published in Nature Reviews Bioengineering. Together, the two publications underscore the growing momentum towards the clinical translation of spatial omics.

"This project reminded us that innovation in biomedicine is about more than enabling measurements; it must also ensure they are practical and accessible," said Professor Shi. "By simplifying workflows and reducing costs while preserving spatial insight, we hope Spectrum-FISH demonstrates how spatial omics technologies can move closer to routine clinical application. Ultimately, we believe the future of spatial omics will be defined not only by how deeply we can map tissues, but also by how effectively we can translate those maps into meaningful clinical action."

In addition, a related US patent filed by Professor Shi—System and Method for Tissue-Wide Single Cell Post-Transcriptional Profiling of Multiple Molecular Targets—was recently granted, further highlighting the strong translational potential and promising future in precision medicine.

Enterprises now will get a governance layer that provides independent unified proof of what their contingent workforce actually delivers, providing a single source of truth to finance, delivery and vendor management teams.

Now Enterprises can reallocate idle capacity, validate invoices, negotiate renewals based on evidence, flag delivery risk before it materializes, and provide audit teams with a defensible record.

Contingent workforce management has evolved from a function focused on vendor onboarding, contracts and compliance into a strategic capability contributing to over 20% of the workforce. However the technology to manage performance of this workforce has not been able to control cost leakage as it can only provide evidence that work occurred.

ProHance built the platform around three measures that determine contingent workforce performance:

• CostLeakage— Clear governance of what is being spent against what is delivered
• SLA Adherence — Improving predictability of delivery within time-and-materials engagements
• Output — optimizing the value the workforce creates, in addition to utilization

The platform tracks all three in one place, giving Finance, Delivery and Vendor Management the same data instead of each team working from its own tool moving from fragmented ownership to joint governance.

ProHance is launching this after deploying it across Fortune 100 companies, where it has been tested and validated to give the right insights.

"Every system an enterprise runs today can tell it what it bought. None of them can tell it what it got," said Ankur Dhingra, CEO, ProHance. "With this platform, we're building a single source of truth for contingent teams — the same defensible number for Finance, Delivery and Vendor Management to act on, measured from the work itself instead of what the vendor reports. That's the gap we built this to close, starting with outsourced and contingent teams, where existing tools go blind."

Visit www.prohance.ai.

The offer combines financial investment from CommBank with subscription waivers and onboarding, enablement and activation support from MRI to provide participating agencies with a complimentary 12-month upgrade to the Property Tree Pro AI Bundle.

Built around MRI Property Tree, MRI's property management software for residential agencies in Australia, the bundle brings together tools spanning maintenance, invoicing, inspections, business insights and tenant support. Participating agencies will have access to:

• MRI Maintenance Plus: Streamlines maintenance management by bringing requests, communications and property information together with AI-powered automated maintenance workflows, helping property managers coordinate work efficiently with tenants, owners and service providers.
• MRI Key Automate and MRI Invoice Automate: Simplify two common administrative processes by providing greater visibility and control over key management while reducing manual work through AI invoice processing.
• MRI Inspection Manager: Digitises property inspections with mobile, paperless condition reports, AI-driven comment automation and image recognition, advanced 360 inspection tools and tenant-assisted inspections, helping teams simplify the inspection process.
• MRI AI Assistant for Tenants: Provides always-on support for routine tenant questions and maintenance enquiries, helping agencies respond faster while reducing the volume of repetitive enquiries handled by property managers.
• MRI Business Insights and Analytics: Brings agency data together through ready-to-use reports, benchmarking and custom dashboards, giving property managers greater visibility into business performance and the information they need to make informed decisions.

Together, these capabilities can help agencies reduce administrative work across core property management processes, improve visibility into their operations and give their teams more time to focus on clients, tenants and business growth.

"We know that adopting new technology can be challenging for businesses, particularly in a rapidly evolving space like AI," said Kerryn Saward, CommBank Executive General Manager, Specialist Sales and Client Solutions.

"By focusing this investment on a targeted group of property management agencies, we're helping demonstrate how AI can deliver immediate and practical benefits, from reducing manual work to improving business performance."

David Bowie, Executive Managing Director APAC, MRI Software, said the initiative reflects a shared commitment to helping property management agencies get more from the technology they use every day.

"Property managers have an enormous number of responsibilities competing for their time, from maintenance and inspections to invoicing, communication and business performance," said Bowie. "Together with CommBank, we're giving participating agencies access to a broader set of AI-powered tools that can take some of that administrative work off their teams and help them operate more efficiently. Ultimately, it's about giving property managers more time to focus on their customers, tenants and growing their businesses."

Participating clients will also receive onboarding, enablement and activation support throughout the 12-month offer to help them integrate the technology into their day-to-day operations and realise tangible business and productivity benefits.

The initiative builds on the strategic relationship between CommBank and MRI Software, including the Smart Real Estate Payments solution, which integrates digital payment capabilities directly into property management workflows to help agencies streamline operations and improve accuracy.

For more information, please visit https://www.mrisoftware.com.

The AI Token Platform provides unified access to third-party AI models through a single interface and is metered in AI inference tokens, the usage-based units of model input and output as defined by each model provider. Together, the two products extend SuperX's full-stack AI strategy from infrastructure delivery to model access and business applications.

"AI infrastructure provides the foundation, but customers also need reliable access to models and practical tools to put the models to work," said Kenny Sng, Chief Technology Officer of SuperX. "By expanding our portfolio with model access and application tools, we help customers accelerate their journey from compute resources to real-world AI applications."

AI Token Platform for Unified Model Access and Intelligent Routing

Organizations using multiple AI models often need to manage separate provider accounts, APIs and integrations. The AI Token Platform is designed to simplify this process by providing unified multi-model access and AI services for businesses, including AI application developers, internet companies and software companies.

• Unified model access: As of the date of this release, and subject to the applicable model provider's terms, the platform provides access to more than 100 AI models from over 10 providers through a single standardized, OpenAI-compatible API and SDK. Customers can access and switch between text, image, video and audio models without building a separate integration for each provider.
• Model evaluation: Model Plaza, the platform's model catalogue and comparison environment, allows users to test and compare models using their own prompts and evaluate outputs based on performance and estimated cost before selecting a model.
• Intelligent routing and service continuity: The same model can be connected through multiple providers. Requests can be routed based on factors such as region, latency, pricing and service availability, with the option to redirect requests when a provider becomes unavailable.

These capabilities give development teams greater flexibility to select and switch models as performance, availability and commercial requirements change.

AI Apps for Professional Content Creation

AI Apps is designed to support professional teams and enterprise customers across a range of content creation workflows. The platform brings different models, creative tools and digital assets into a shared environment for creating and managing image, video and audio content.

• Shared creative workspace: AI Apps allows users to generate, edit and continue developing content without repeatedly moving assets between separate platforms.
• More precise and accessible creation: Annotations, targeted edits, text replacement and asset references give users greater control over generated content. Built-in Skills (pre-configured instruction templates) translate simple instructions into more complete prompts and execution strategies.
• Reusable assets and team workflows: Generated content can be saved, shared and reused across projects, subject to the terms of the model used to generate it. Teams can collaborate on a shared canvas and track the associated model usage costs.

AI Apps extends model capabilities beyond individual prompts and outputs into a more structured environment for professional content production.

Access to the AI Token Platform and AI Apps is subject to customer onboarding and screening procedures and to applicable export control, sanctions and acceptable use requirements.

At Tech Week Singapore 2026, SuperX will demonstrate the new products alongside its AI compute and AI data center solutions. Visitors can explore these capabilities at Booth 5-K45 on September 29 and 30, 2026, at the Marina Bay Sands Expo and Convention Centre, 10 Bayfront Avenue, Singapore.

For more information, visit the AI Token Platform at https://aicloud.superx.sg/model-plaza and AI Apps at https://aicloud.superx.sg/ai-apps

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms.

Important factors that could cause actual results to differ materially include: our dependence on third-party model providers and on the terms on which they make their models available; the continued availability and licensing of open-weight models; changes in export control, sanctions and other regulatory requirements applicable to AI compute and model services; the absence of an established revenue history for the products described in this press release; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. Statements in this press release regarding the availability, functionality, performance, pricing or customer adoption of the AI Token Platform and AI Apps, and the models and providers supported by them, are forward-looking and subject to change. Product capabilities described in this press release may be modified or discontinued. Forward-looking statements are only predictions and the reader is cautioned not to rely on them. Actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

For more information, please visit www.superx.sg.

Speaking at The Vietnam Industrial Property Forum 2026 in Ho Chi Minh City on September 29, Tran Nhat Ninh, deputy general director of Tien Phong Plastic, said the most critical and fundamental shortcoming in the industry is the capacity for industrial symbiosis.

Tien Phong Plastics currently operates three factories in Haiphong, Nam Cam Industrial Park (IP) in Nghe An, and Dong An IP in Binh Duong, which is now part of Ho Chi Minh City. The company is both a manufacturer operating in IPs and a provider of materials, infrastructure solutions, and development solutions.”

“In recent years, traditional IPs and some newly developed ones have gradually pivoted towards next-generation models. This transition is not only focused on quantity but increasingly on quality, while seeking to balance economic efficiency with environmental benefits and social responsibility.”

However, some companies in IPs still operate under standalone production models. This is a notable limitation in developing eco-IPs and a circular economy.

According to Ninh, establishing industrial symbiosis requires businesses to establish links and exchange information on material flows, both inbound and outbound. By-products or scrap from one company can become input materials for another. Similarly, treated wastewater or other resources can be reused further along the production chain.

However, this currently faces several obstacles due to a lack of data and mechanisms for connecting businesses within the same IP.

Ninh identified three key issues that need to be addressed. First, there is insufficient transparency regarding material flows within individual businesses. Second, there is a lack of legal mechanisms to establish a framework for resource exchange and sharing between companies. Third, there is a lack of trust between businesses needed to establish long-term linkages and promote a circular economy.

“In the coming period, we need to address these issues to lay the foundation for industrial symbiosis,” Ninh said.

From the perspective of a manufacturing company that directly uses IP infrastructure, Ninh also said factories face several infrastructure challenges, particularly concerning electricity and water.

For wastewater, companies must invest in treatment systems that meet required standards before discharging wastewater into the IP's centralised treatment system. They must also invest in internal pipelines to transport wastewater to the common connection point.

For water supply systems, companies likewise have to invest in pipelines connecting their factories to the IP's connection point. This is one of the infrastructure investments that companies need to factor in from the factory development stage.

Similarly, for electricity, companies must invest in medium-voltage power lines, transformers, and related supporting infrastructure. As requirements for power reliability increase, companies must also consider backup solutions to minimise the risk of production disruptions.

If electricity, water, and waste-treatment infrastructure are comprehensively integrated from the outset, companies can significantly reduce their initial investment costs.

In that case, companies would not need to build as many preliminary wastewater-treatment facilities, invest separately in power systems and transformers, or develop their own internal water pipeline systems. Shared and integrated infrastructure can also help prevent duplication of investment between individual companies and IPs.

The second benefit is a shorter time to bring factories into operation. According to Ninh, before a factory can begin operations, companies must complete numerous procedures and supporting systems related to environmental requirements, environmental impact assessments, wastewater treatment, electricity, water, and other infrastructure components.

"If these systems are already comprehensively planned and integrated at the industrial park level, the time required to prepare and deploy factory operations can be shortened," he said.

Vietnam faces sharper competition in global manufacturing reshuffle Vietnam remains among the top manufacturing destinations in Southeast Asia, but competition for new production investment is intensifying as neighbouring economies strengthen their industrial ecosystems, speakers said at the sixth Vietnam Industrial Property Forum.

A competitive advantage for next-generation industrial parks At the third session of the sixth Vietnam Industrial Property Forum, co-organised by Vietnam Investment Review and the Vietnam Industrial Real Estate Association in Ho Chi Minh City on September 29, experts and business representatives discussed how to build competitive advantages for next-generation industrial areas.

Ready-built facilities gain favour as industrial competition evolves Vietnam’s industrial market is shifting from competing primarily on cost to speed, quality, infrastructure, and sustainability, as foreign investors are pivoting towards ready-built and “plug-and-play” facilities.

Speaking at the Vietnam Industrial Property Forum 2026 in Ho Chi Minh City on September 29, Anh said the event, titled 'Opportunities Amid Uncertainty', was co-organised by VIR and the Vietnam Industrial Real Estate Association.

Drawing on its manufacturing and business operations, Stavian Group has direct experience in investing in, operating, and meeting infrastructure requirements for production activities. This gives Stavian IP a manufacturer's perspective when developing industrial park infrastructure. The corporation currently has more than 30 international branches and exports to markets in Europe, Japan, and the US.

"Thanks to our manufacturing experience, we understand the demands of businesses when investing in an industrial park," he said. "As businesses target demanding markets such as the EU, they look at premises and facilities, while also considering infrastructure quality, energy, environment, and the ability to meet supply chain standards."

Other key considerations for businesses are project progress and timeline predictability. Businesses need clear information on when the land will be handed over, when construction of the factory can begin, and the expected timeframes for subsequent activities.

Alongside speed, the quality of the workforce is another issue highlighted by Anh. In the past, Vietnam’s advantages lied in a young workforce and competitive labour costs. Today, the requirements for human resources have changed as the country pivots towards attracting high-tech manufacturing.

“High-tech manufacturing industries do not rely heavily on low-skilled labour. Instead, they require personnel with the qualifications, skills, and ability to operate advanced technologies,” he said, adding that Vietnam has a workforce capable of handling high-level tasks, but an environment for training and opportunities are needed for this workforce to fully realise its potential.

Regarding investment flows from Europe, Anh believes Vietnam still has ample room to attract more European investors. European investment currently accounts for only around 5–6 per cent of total foreign investment in Vietnam. Still, many European companies have strong manufacturing and technological capabilities but have yet to choose Vietnam as an investment destination.

“Instead of attracting European manufacturers for exports, Vietnam should build a suitable environment for those manufacturers to serve the Vietnamese and regional market,” he said.

CGI rendering of Ninh Tho Industrial Park, developed by Stavian IP in Khanh Hoa. Photo: Stavian IP

In addition, environmental, social, and governance standards are also becoming increasingly important to European businesses. This is why Stavian IP is pursuing the development of several industrial parks under an eco-industrial park model. Infrastructure and services are designed to meet requirements for environmental protection, energy efficiency, and clean production.

Accordingly, Stavian IP aims to develop an integrated infrastructure and support services system. The company also provides energy, water, and infrastructure solutions that meet increasingly stringent requirements for environmental protection and clean production, thereby better addressing the evolving needs of manufacturers.

“We are not simply leasing infrastructure; we aim to build an ecosystem that supports businesses. When companies enter an industrial park, they can access a relatively comprehensive ecosystem rather than having to develop each component themselves,” he said.

A well-organised ecosystem that facilitates the sharing of infrastructure, energy, and services allows enterprises to significantly cut production costs, thereby enhancing their competitiveness.

Today, location and cost advantages alone are no longer sufficient for Vietnam to attract and retain long-term capital. Industrial parks must play a more significant role in providing a comprehensive production environment, encompassing everything from infrastructure, energy, and services to the workforce.

“The key is no longer just getting investors to choose Vietnam. It is ensuring that once they arrive, they stay and expand their operations,” he added.

Stavian IP chief on building sustainable industrial ecosystems Stavian Industrial Park is expanding its network of green, smart, and sustainable industrial parks across Vietnam. General director Nguyen Tuan Anh shared the company's strategy and growth plans with VIR's Thanh Van.

A competitive advantage for next-generation industrial parks At the third session of the sixth Vietnam Industrial Property Forum, co-organised by Vietnam Investment Review and the Vietnam Industrial Real Estate Association in Ho Chi Minh City on September 29, experts and business representatives discussed how to build competitive advantages for next-generation industrial areas.

Vietnam's industrial property sector shifts towards green growth Vietnam’s industrial property sector is entering a new phase of green development, requiring developers to adapt their strategies to an increasingly competitive landscape.

The programme brought together leading experts across endocrinology and metabolism, gastroenterology and hepatology, oncology, and clinical biochemistry to discuss connecting diagnosis, early detection, and the continuum of care in liver disease management.

Overview of the session in Ho Chi Minh City on September 26. Photo: Roche

The 2025 APAC Liver Disease Alliance Annual Report states that hepatitis B and hepatitis C continue to be key causes leading to chronic hepatitis, cirrhosis, and liver cancer. In 2024, hepatocellular carcinoma was one of the top three leading causes of cancer-related death in Vietnam, with over 14,000 new cases recorded.

On the other hand, metabolic dysfunction-associated steatotic liver disease is also increasing rapidly. A 2024 epidemiological report published on the National Institutes of Health indicates that up to 38 per cent of adults worldwide are affected by the disease. In Vietnam, a study conducted at Cho Ray Hospital in Ho Chi Minh City in 2023 reported that more than 29.3 per cent of adults suffered from the disease.

One of the major challenges is that liver disease often shows no clear symptoms in its early stages. Specifically with metabolic dysfunction-associated steatotic liver disease, patients may only be identified when the disease has progressed to cirrhosis or complications occur. Routine liver enzyme levels may not fully reflect the severity of damage, while liver biopsy, though considered the gold standard in histopathologic evaluation, is invasive and unsuitable for widespread screening.

Thus, early detection of chronic liver diseases helps identify risks and connects patients with appropriate care and treatment, thereby reducing the medical and economic burden on patients and ultimately improving their quality of life.

Optimising results

At OneLiver, experts focused on discussing non-invasive blood testing methods, biomarkers, algorithms, and real-world clinical cases. Accordingly, rather than relying solely on individual tests, combining them with advanced algorithms is expected to mark a new breakthrough, supporting the assessment of liver damage and facilitating early disease risk identification.

To assess liver fibrosis in patients showing signs of metabolic dysfunction-associated steatotic liver disease, combining laboratory testing with an algorithm based on fibrosis markers, age, type 2 diabetes status, and platelet count provides a solid data foundation for clinicians to stratify the risk of fibrosis.

Prof. Jacob George, head of Gastroenterology and Hepatology at Westmead Hospital said, “This trend of combining diagnostic technologies helps bridge the gap in risk-stratification tools, minimise unnecessary liver biopsies, and halt the progression to end-stage cirrhosis.”

For hepatocellular carcinoma, combining clinical algorithms with advanced blood tests alongside gender and age helps diagnose the disease at an early stage. This approach is recommended for high-risk groups, such as those with chronic viral hepatitis and liver fibrosis.

According to Assoc. Prof. Dr. Pham Thi Thu Thuy, head of the Hepatology Department at the Medic Medical Centre in Ho Chi Minh City, late detection of hepatocellular carcinoma poses challenges for subsequent treatment steps. Thus, she recommends testing combined with clinical algorithms to enable early detection, while also noting that this approach can be combined with other methods like ultrasound to optimise diagnosis, thereby increasing treatment effectiveness and patient survival rates.

Strengthening cooperation

At the event, interdisciplinary collaboration among clinical specialities was strongly emphasised. This aims to ensure the comprehensive implementation of solutions, support risk stratification, promote early detection, and lay the foundation for the next stage of care.

This strategic direction aligns with the national programme on healthcare, population, and development for the 2026–2035 period. The programme sets out to guarantee early and remote disease prevention at the primary care level, enhance targeted care for high-risk populations, and improve the overall health of the public.

The symposium series recognised the attendance of representatives from four medical associations, including VASLD, the Ho Chi Minh City Association for the Study of Liver Diseases, the Vietnam Association of Diabetes and Endocrinology, and the Vietnam Interventional Gastrointestinal Endoscopy Society. This collaborative milestone aims to foster professional exchange and strengthen interdisciplinary connection in the early detection, management, and treatment of liver diseases.

Assoc. Prof. Bui Huu Hoang, vice president of the Ho Chi Minh City Medical Association said, “The diagnostic advancements presented at this event will provide a solid foundation for specialists to guide practice, optimise treatment quality, and enhance the management of patients with chronic liver diseases.”

Ricky He, general manager of Roche Diagnostics Vietnam. Photo: Roche

Ricky He, general manager of Roche Diagnostics Vietnam, said the company is committed to a long-term partnership with Vietnam's healthcare sector to overcome this health challenge.

"By leveraging advanced technology and global expertise, we actively collaborate with the medical community to foster scientific dialogue and translate scientific advancements into actionable insights tailored to Vietnam’s clinical reality. Our ultimate goal is to enable early detection and timely treatment for patients, thereby increasing cure rates, so that people can live healthier, longer lives," He said.

Hoang Thuy Duong, partner, KPMG Vietnam, said Vietnam is facing a major opportunity amid positive economic growth and the continued restructuring of global value chains, which is further strengthening the country’s role in global manufacturing networks.

“Vietnam’s competitiveness can no longer be viewed simply through the lens of scale, cost advantages, or low-cost labour. New requirements around sustainability, AI, automation, and genuine economic efficiency are prompting a rethink of how industrial park products are developed and delivered,” he said.

The discussion therefore focused on three key issues: what investors are really looking for when selecting manufacturing locations, how industrial infrastructure products need to evolve, and what determines economic efficiency for businesses.

Duong also said that, alongside its existing advantages, Vietnam still needs to address delays related to the speed of licensing, administrative procedures, and energy infrastructure. Close coordination among government authorities, infrastructure developers, and investors will be important to strengthening Vietnam’s competitiveness.

From an industrial real estate advisory perspective, John Campbell, director and head of Industrial Services, Savills Vietnam, said that as Vietnam moves into higher-value segments, manufacturers’ criteria for selecting locations are also changing.

“It’s not about the land itself; it’s more about the certainty of execution. Within certainty of execution, there are three key factors I would like to highlight. First is speed and execution, including power capacities and the time it takes from licensing to production. Those are significant factors, and that is why we have seen the rising popularity in the last eight years of ready-built factories that can provide that immediate readiness,” stated Campbell.

Second is operational certainty, including a mix of skilled labour supply, access to ports and infrastructure, and working with a developer or landlord who continues providing responsive support after the deal is closed because these can be 50-year partnerships.

Third is future-readiness certainty. According to Campbell, manufacturers look at whether there is room to expand in a particular location, as well as what the clear energy and power pathway is for the next 20 to 30 years as manufacturing becomes increasingly energy-intensive.

“Sustainability makes sense commercially when it solves a real business problem,” added Campbell. “In the next 5 years, integrated eco-industrial parks with sophisticated master plans that connect manufacturing, logistics, and services will be the clear winners in attracting high-value foreign investment to Vietnam.”

Overview of the panel discussion. Photo: Le Toan

Drawing on his experience in developing and operating industrial parks in Long An since 2018, Nguyen Huu Thuc, CEO of IMG Phuoc Dong, said the traditional industrial park model is gradually losing its competitive advantage.

According to Thuc, the market is shifting from competition based on the ability to provide industrial land to competition based on the ability to meet investors’ actual needs.

“IMG Phuoc Dong currently focuses on two main groups of solutions,” he said. “The first is ensuring ready-to-use technical infrastructure, including a power system with 22kV and 110kV substations, an on-site clean water treatment plant, and a complete wastewater treatment system, enabling secondary investors to connect to the infrastructure and implement their projects.”

“The second is enhancing operational capabilities and investor support. Our internal personnel are organised to directly assist businesses with legal procedures, thereby shortening the time from obtaining licences to the official commencement of factory operations,” he added.

According to Thuc, as infrastructure across industrial parks becomes increasingly similar, the ability to provide direct support to investors throughout project implementation and operations will become an important competitive advantage.

Nguyen Thanh Chuong, CEO, Thanh Thanh Cong Industrial Real Estate Corporation, viewed the transformation of the industrial park model through the lens of practical development experience.

According to him, industrial parks in the past were typically developed in areas with an existing labour pool or local sources of raw materials to serve particular groups of investors.

“However, the new wave of investment is placing higher demands on the quality and level of infrastructure integration,” he added. “Accordingly, next-generation industrial parks need to combine green technical infrastructure, renewable energy, and integrated logistics, while also creating an appropriate living environment and amenities for workers to ensure stable long-term operations.”

From the perspective of developing an industrial ecosystem, Nguyen Tuan Anh, deputy general director, KN Holdings, said the transition towards the next-generation industrial park model is inevitable, but the key issue is to clearly define the role of each industrial park to use resources efficiently.

According to him, Vietnam currently has around 478 industrial parks, with a total planned area of approximately 150,000 hectares. By 2030, the number is expected to reach around 600 parks, with a total area of approximately 180,000 ha, equivalent to an additional 30,000 ha.

“During the development process, if every industrial park attempts to integrate every possible function, resources may become fragmented and development models may become overly spread out. Instead, we need to build an ecosystem with clearly differentiated roles,” said Tuan Anh.

“For industrial parks serving high-tech and semiconductor industries, the focus should be on large-capacity, highly stable power supplies and stringent wastewater treatment systems. Meanwhile, industrial parks serving food processing and light manufacturing should optimise their locations near raw material sources and logistics routes.”

This role differentiation also needs to be considered at the regional level. According to Tuan Anh, Ho Chi Minh City has advantages in high technology and services; Ba Ria–Vung Tau, particularly Phu My, has strengths in heavy industry and deep-sea ports; while Tay Ninh and the Mekong Delta can focus on processing industries and inland waterway and maritime logistics chains.

From the developer’s perspective, Hoang Vinh Tuan, head of Marketing and Leasing, Soilbuild International Vietnam, said innovation in industrial park products must start with the actual needs of tenants.

“For foreign investors entering the Vietnamese market for the first time, an integrated model can help reduce implementation time and costs. Instead of having to handle every step themselves, from licensing procedures and labour recruitment to preparing operational infrastructure, investors can choose a model in which the developer provides end-to-end support,” he said.

“In that case, the value of an industrial park no longer lies simply in the amount of land provided, but in its ability to take investors from the initial investment to commercial operations faster, more efficiently, and with greater certainty.”

A competitive advantage for next-generation industrial parks At the third session of the sixth Vietnam Industrial Property Forum, co-organised by Vietnam Investment Review and the Vietnam Industrial Real Estate Association in Ho Chi Minh City on September 29, experts and business representatives discussed how to build competitive advantages for next-generation industrial areas.

Unlike traditional keyword-based search, Coveo's conversational search understands the intent behind every query, empowering customers to resolve everyday issues through self-service. Soon, the same trusted, relevant guidance will also be surfaced directly within the agent experience, helping support teams assist customers more efficiently.

"This announcement builds on our already successful partnership with Coveo. By bringing conversational search to our B2B customer communications platform, AskROSS, we're transforming how we support retailers by providing them with a modern generative AI-powered digital experience. Embedding generative AI directly into our customer communications platform makes it faster and easier for our retailers to find answers, self-serve routine needs and access support when they need it. This represents a significant step forward in delivering a more modern, intelligent and customer-centric experience. Retailers can now ask questions in natural language and receive fast, trusted answers that help them make better decisions. That means less time spent searching for information, more time focused on serving shoppers and a simpler, more intuitive experience overall," said Madeleine Fitzpatrick, general manager retail at Metcash.

The expansion builds on the success of Metcash's existing deployment of Coveo in other areas of the business, including its online B2B marketplace, Sorted. Publicis Sapient, an enterprise AI platforms and services company, has worked with Metcash for the past two years, helping define the future retailer experience and the content and service foundations behind it.

"Metcash has a deep commitment to the independent retailers it serves across Australia. We are a proud partner of Metcash on this mission," said Alexander Mahr, managing director, Coveo APAC. "Metcash's continued investment in Coveo reflects a clear focus on equipping its retail network with trusted, generative AI-powered experiences that help teams find information faster, make better decisions and ultimately deliver better service to customers. We're proud to support one of Australia's leading wholesalers as it continues to innovate with AI."

"Our work with Metcash has always been grounded in a simple ambition: make it easier for independent Australian retailers to run and grow their businesses. This next phase with Coveo brings AI into the everyday moments that matter for retailers, helping them find answers faster and get the right support when they need it. There's real potential for AI in B2B, from agentic commerce to AI-powered search, because it turns complex information and systems into practical value," said Cassandra Kelsall, head of advisory at Publicis Sapient Australia.

For more information visit: www.metcash.com

and publicissapient.com.

Serving as the lead organization for the quantum technology sector under South Korea's Deeptech Incubator Project for Startups—overseen by the Ministry of SMEs and Startups and administered by the Korea Institute of Startup & Entrepreneurship Development—KIST spearheaded the initiative through its Global Bridge Program. The program connects Korean startups with overseas research institutions, enterprise partners, and investors to drive global commercialization beyond initial technology development.

For this U.S. program, KIST jointly planned and implemented the Global Bridge Program with the U.S. Embassy in Korea, supporting Korean quantum technology startups in connecting with overseas research institutions, enterprise partners, and investors.

During the event, KIST and participating startups initiated strategic discussions to utilize D-Wave's quantum computing systems, providing Korean startups direct access to advanced quantum infrastructure for technology development and practical application testing. KIST also met with Japan's Q-STAR and the National Institute of Advanced Industrial Science and Technology (AIST) to explore opportunities that strengthen bilateral connections between the Korean and Japanese quantum technology ecosystems.

To further expand international corporate connections, KIST facilitated exchanges between Microsoft and startups in the Deeptech Incubator Project to build long-term enterprise collaboration opportunities. These efforts delivered immediate market access outcomes, with participating startup OptiQ-Labs finalizing plans to establish a U.S. East Coast office in November. OptiQ-Labs becomes the first quantum startup supported through the Deeptech Incubator Project to establish a physical regional presence in the eastern United States.

Dr. Kang Sunjoon, Director of KIST's Technology Commercialization Office and head of the Deeptech Incubator Project, emphasized the importance of turning international connections into sustained partnerships and commercialization opportunities for Korean quantum startups.

"International engagement needs to go beyond individual events and lead to continued collaboration with overseas research institutions, companies and investors," Kang said. "Building on the connections established through QWC 2026, KIST will continue to support Korean quantum startups in developing technology partnerships, expanding into global markets and creating concrete commercialization opportunities."

KIST will continue to build on the follow-up partnerships established at QWC 2026, systematically integrating Korean quantum technologies into global research, industrial, and investment networks.

Participating startups at QWC 2026

• OptiQ-Labs: Develops optical hardware for quantum technologies, drawing on over a decade of research in isotope-selective laser spectroscopy, resonance ionization, laser cooling and trapped-ion spectroscopy. Its technologies include ultra-narrow-linewidth laser systems, laser stabilization and ion-trap systems, with the goal of delivering complete ion-trap quantum computer hardware.
• xDots: Develops diamond quantum sensing solutions for industrial energy efficiency. Its xEnergy platform combines room-temperature diamond NV-center sensors with AI and IoT to optimize equipment operation in real time.
• Bright Quantum: Develops on-demand single-photon sources for photonic quantum computing and communication, including commercially available high-end quantum-dot sources and ultra-compact room-temperature systems operating without cryogenics.
• SQK: Develops QMEDIC, a medical imaging platform combining quantum technologies and physics-guided AI to improve low-dose CT image quality while preserving critical anatomical structures.

Located on Jurong Island, STDCT 2.0 brings together industry and academia to evaluate emerging AI and data centre technologies under real-world tropical conditions. This forms part of a broader initiative with JTC Corporation and industry partners to transform Jurong Island into a living testbed for next-generation, low-carbon and AI-ready infrastructure. High temperatures and humidity present unique challenges for cooling performance, increasing the importance of efficient, reliable infrastructure. Research from the programme will help inform future data centre design across Singapore and other tropical markets.

Addressing AI Infrastructure Constraints

Johnson Controls helps data centre operators address the most critical constraints to responsible AI growth, including power availability, water consumption and infrastructure capacity. Through an integrated portfolio of thermal management technologies, Johnson Controls optimises the entire thermal ecosystem to improve efficiency and create additional computing capacity from existing power and infrastructure resources. In a modeled design, this integrated approach can reduce non-IT energy consumption by up to 50% compared with conventional cooling methods.

Johnson Controls is creating additional AI computing capacity from energy that would otherwise be lost as waste heat. In a 1-gigawatt data centre blueprint, a Johnson Controls absorption chiller reference design demonstrated the potential to convert the 57% of energy typically lost as waste heat from on-site power generation into productive cooling, enabling up to 97 MW of additional AI computing capacity from existing power infrastructure while reducing cooling-related electrical demand by up to 44%.

"Meeting the demands of advanced computing requires a new way of thinking about infrastructure," said Austin Domenici, president, Data Centre Solutions, Johnson Controls. "As AI workloads continue to grow, success will depend not only on computing power, but on how efficiently we manage the resources behind it. Johnson Controls brings expertise across the full thermal ecosystem, helping customers improve efficiency, reduce resource consumption and enable greater computing capacity. This collaboration is an opportunity to explore and validate new approaches to infrastructure that can support the future of AI."

Building a Future Platform for Innovation

Beyond evaluating next-generation technologies, STDCT 2.0 will support research, talent development and industry collaboration. Johnson Controls and NUS CDE will accelerate opportunities for advanced research, workforce training, innovation and knowledge sharing to support the continued growth of the data centre sector.

"As AI drives a new wave of infrastructure demand across Asia Pacific, advancing research, developing talent and strengthening industry collaboration will be critical to meeting that growth responsibly," said Ali Badreddine, vice president and general manager for Southeast Asia Business and Asia Pacific Data Centre Solutions, Johnson Controls. "STDCT 2.0 brings these elements together to help advance AI-ready infrastructure across Singapore and the broader Asia Pacific region."

"AI is fundamentally changing the design envelope for data centres, with much higher rack densities placing unprecedented demands on cooling, power, controls and resource efficiency," said Professor Lee Poh Seng, programme director of the Sustainable Tropical Data Centre Testbed and head of the Department of Mechanical Engineering at NUS CDE. "STDCT 2.0 is designed to move beyond individual technologies and evaluate how these systems can be integrated and optimised as one infrastructure platform under real tropical operating conditions. Johnson Controls brings deep expertise in thermal management, controls and mission-critical infrastructure to this collaboration. Together, we aim to translate research into validated, deployable solutions that enable greater computing capacity with constrained power and water resources, while strengthening Singapore's capabilities, talent base, and leadership in sustainable AI infrastructure."

The announcement comes ahead of Data Centre World Asia 2026, taking place 29–30 September at Marina Bay Sands Expo and Convention Centre in Singapore. Johnson Controls will be at Booth V20, discussing how thermal management, controls and infrastructure innovation enable organisations to support AI growth while getting more value from existing power, cooling and infrastructure resources.

For more information, visit https://cde.nus.edu.sg/stdct/

This collaboration is aimed at supporting KSD's broader strategic objective of strengthening the efficiency, transparency and global competitiveness of the Korean capital market, while contributing to Korea's development as a leading capital markets ecosystem.

Under the MOU, Broadridge and KSD intend to work together to support the creation of a market operating model that will:

• Digitize and automate the end-to-end proxy voting process for international investors holding Korean equities;
• Enhance transparency, accuracy and governance standards in line with global best practices; and
• Strengthen Korea's standing as a modern, trusted and globally aligned capital markets jurisdiction.

The collaboration also reflects a shared vision for advancing KSD's long-term market leadership objectives by leveraging Broadridge's deep experience and technology in similar infrastructure initiatives in other jurisdictions, while aligning with the Korean regulatory and market framework.

The scope of the collaboration may be expanded over time to additional proxy-related areas.

"KSD is committed to advancing a more efficient, transparent and globally connected capital market in Korea," said Yunsu Rhee, Chairman & CEO of Korea Securities Depository. "We believe this MOU will contribute to enhancing the global accessibility of Korea's capital market, increasing its appeal to international investors, and strengthening their confidence in the Korean market."

"This MOU marks an important step in our relationship with KSD and our shared interest in advancing the cross-border proxy-voting experience," said Tim Gokey, CEO at Broadridge. "By bringing together Broadridge's global proxy expertise and KSD's market-infrastructure leadership, we see an opportunity to support more efficient, transparent and accessible shareholder participation in Korea's market."

As Korea advances its corporate governance and capital market agenda, Broadridge and KSD may explore opportunities to address the evolving needs of international institutional and retail investors, issuers and market participants. The collaboration reflects the parties' shared interest in Korea's continued development as an accessible, globally connected and governance-focused market.

For more information about us, please visit www.broadridge.com