As one of the most successful Premier League clubs of the 21st century, Chelsea FC boasts a passionate global fan base. This pre-season tour marks the club's return to the Asia-Pacific region, with the Men's First Team set to play high-profile fixtures across Australia, Hong Kong (China), Indonesia and Malaysia. Chelsea FC will face Italian giants Juventus at Hong Kong's Kai Tak Stadium on 5 August before taking on Malaysian champions Johor Darul Ta'zim at Sultan Ibrahim Stadium in Johor Bahru on 9 August. The two fixtures provide an exciting platform for GAC and Chelsea FC to engage with football fans across the region.

As a Fortune Global 500 company, GAC has continued to accelerate its global expansion in recent years. Through collaborations with renowned football clubs, including Sydney FC (Australia), Deportivo Toluca (Mexico), Flamengo (Brazil), and Millonarios (Colombia), GAC has further enhanced its international brand influence.

This partnership is underpinned by GAC's growing presence in Hong Kong (China) and Malaysia. In Hong Kong (China), GAC ranked No.1 in the private electric vehicle market in April 2026, while its cumulative market share exceeded 10% during the first half of the year, further reinforcing its leadership in the city's new energy vehicle sector. Meanwhile, the GS3 EMZOOM and EMKOO, locally assembled in Malaysia through CKD production, have continued to gain strong market recognition among local consumers.

GAC stated that the speed, passion and team spirit embodied in football closely align with the brand's pursuit of driving excellence and its unwavering commitment to exceeding customer expectations. By partnering with a world-class football club like Chelsea FC, GAC aims to enhance its brand presence across the Asia-Pacific region and beyond, showcasing its innovation, quality and commitment to smarter mobility. Looking ahead, GAC will continue to strengthen its global footprint through innovation, quality and collaboration, creating greener, smarter and more sustainable mobility solutions for customers worldwide.

Digital Jingdezhen is part of a broader cultural innovation initiative that applies Tencent's AI and game technologies. Guided by Tencent's vision of "Tech for Good", the initiative leverages digital preservation to keep Jingdezhen's thousand-year-old porcelain culture alive and relevant today, creating a living heritage with sustainable value and broad public engagement, and building a model that could be carried to heritage sites around the world.

Digital Preservation: Restoring and Unlocking Heritage with AI

Jingdezhen has a thousand years of living heritage; centuries of tradition are still active in its kilns today. To preserve this legacy, a cornerstone of the project was the Jingdezhen Porcelain Cultural Heritage Multimodal AI Dataset.

Over decades, historical records, heritage information, and craft specifications have accumulated into a massive volume of data. Tencent applied Optical Character Recognition (OCR), Natural Language Processing (NLP), and knowledge graph technologies to transform these dispersed materials into structured digital resources that can be analyzed, extracted, verified, and traced back to their original sources.

The dataset contains more than 30,000 documentary records, over 5,000 ceramic gene specimens, and data on nearly 1,000 representative ceramic artifacts in collections worldwide. It provides a digital foundation for cultural research, exhibition development, public interpretation and AI-powered heritage applications.

Building on this foundation, Tencent has developed a range of industry- and public-facing applications, including the Jingdezhen Ancient Ceramics Gene Database, the World Ceramics Interactive Map, and the Digital Jingdezhen AI Companion, providing researchers, heritage professionals, and the public with innovative AI-powered tools to explore and understand porcelain heritage.

Digital Activation: Bringing Jingdezhen's Porcelain Heritage to Life Through AI and Games

To bring the public closer to Jingdezhen and its porcelain-making traditions, Digital Jingdezhen: Porcelain Craft Adventure utilizes AI-assisted Procedural Content Generation (PCG) to create the first large-scale digital recreation of the city's five major porcelain heritage sites and historical production scenes. By rapidly mapping out town layouts and automatically generating architectural structures, decorative elements, and pedestrians, the technology brings Jingdezhen's historic townscape back to life in the digital world.

The game also features high-quality AI digital humans built on large language models and the Jingdezhen Porcelain Cultural Heritage Multimodal AI Dataset. Through AI voice-driven facial expressions and Tencent Games' proprietary animation technology, it creates warm, human-centered interactive experiences that make historical knowledge tangible and relatable. At the same time, AI-powered 3D generation allows users to quickly transform an uploaded image into a 3D porcelain form, lowering the barrier to participation and enabling anyone to turn creative inspiration into tangible ceramic forms in the digital space.

Continuing Heritage: Mobilizing the Community

Ensuring the longevity of Jingdezhen's legacy requires active public participation. Tencent developed the Digital Heritage Guardian (Jingdezhen), a volunteer program built within the Weixin ecosystem. The program enables the public to support the upkeep and stewardship of physical heritage sites, creating a practical channel for community involvement in heritage protection.

"Our work in Jingdezhen is a testament to how 'AI for Good' can breathe new life into ancient traditions," said Zhan Shu, Head of Digital Culture Lab, Tencent. "Working alongside dedicated heritage experts, we have contributed our capabilities in AI and digital technologies to unlock decades of dormant archives for this incredible new UNESCO site. We are proud to help bridge the gap between the thousand-year porcelain heritage and the digital era, creating new ways for the global public to connect with Jingdezhen's living history, and a model for heritage sites worldwide."

Thai action superstar Tony Jaa's choice reflects the trust of 30 million customers worldwide. That trust is built not on showmanship, but on GAC's solid manufacturing "true craftsmanship."

From Guangzhou to the world, there are no shortcuts – quality speaks for itself. While the industry runs standard "three-high" tests, GAC pushes further with "five-high, one-mountain, one-dust" extreme vehicle trials. New models undergo at least "two winters and one summer" of validation – a minimum 18 months of real-world road testing, covering 12 major categories and over 1,500 sub-items across wind tunnel labs and proving grounds.

For each overseas market, GAC conducts additional adaptive testing for local climate and road conditions – from Middle Eastern desert heat to Southeast Asia's humidity and heavy rains.

Quality consistency starts at the smart manufacturing front. GAC's AION Intelligent Eco-Plant is the world's first "Lighthouse Factory" for new energy vehicles, featuring full-process digital quality monitoring. Automated robots with AI vision systems deliver millisecond response and millimeter-level precision – ensuring uniform quality whether vehicles roll off lines in Guangzhou or overseas plants.

Safety comes first. GAC's magazine battery has been deployed in 1.5 million vehicles, accumulating over 160 billion kilometers of safe driving. The Starlink Safety Protection System serves nearly 2 million users, preventing 6.28 million potential incidents.

With this commitment to quality and safety, GAC has established a presence in 110 countries and won the trust of 30 million users. Standing at this new milestone, GAC will continue to refine its craftsmanship and deliver worry-free, high-quality mobility experiences to every customer worldwide.

For further information about GAC, please visit: https://www.gacgroup.com/en or follow us on social media.

The event brought together approximately 150 attendees, including Executive Chair Chung, business leaders from major Korean companies, executives from leading U.S. technology firms, startup representatives and students.

At the summit, Executive Chair Chung presented the Group's roadmap for advancing Physical AI and outlined strategic collaboration plans with global technology leaders.

"Hyundai Motor Group is evolving beyond the traditional boundaries of automotive manufacturing by expanding into autonomous driving, robotics and AI Defined Factories, accelerating our transformation into a Physical AI solution company." — Hyundai Motor Group Executive Chair Euisun Chung

Accelerating the Transition to a Physical AI Solution Company

Hyundai Motor Group's Physical AI vision extends beyond intelligent devices such as vehicles and robots to intelligent spaces, including AI factories where AI seamlessly connects and optimizes entire operations. Ultimately, the Group envisions integrated intelligence at the city level, where urban infrastructure is organically connected and operated through AI.

A key differentiator for the Group is its ability to create a data flywheel that continuously connects real-world operations with AI advancement. Drawing on extensive experience in large-scale manufacturing, mobility, robotics and service operations, the Group is positioned to deploy, refine and scale Physical AI technologies in real industrial environments.

Executive Chair Chung also outlined strategic partnerships with leading technology companies, including NVIDIA and Waymo, as well as Boston Dynamics' strategic partnership with Google DeepMind, to further advance Physical AI capabilities.

By combining Hyundai Motor Group's manufacturing competitiveness, mobility and robotics technologies and extensive operational data with the AI infrastructure and algorithm capabilities of global technology leaders, the Group aims to help foster a new innovation ecosystem for the Physical AI era.

Executive Chair Chung also introduced initiatives designed to support the growth of Korea's robotics and AI ecosystem, including the development of a Robot Reference Platform with NVIDIA that combines Hyundai Motor Group's and NVIDIA's Physical AI capabilities, as well as investments in initiatives such as the Saemangeum AI Valley.

Physical AI Vision: From Intelligent Devices to Integrated Intelligence at the City Level

During the summit, Executive Chair Chung presented Hyundai Motor Group's Physical AI vision.

"The ultimate Physical AI vision Hyundai Motor Group pursues begins with intelligent devices such as vehicles and robots, expands to intelligent spaces such as AI factories, and ultimately realizes integrated intelligence at the city level, where urban infrastructure is seamlessly connected and operated." — Hyundai Motor Group Executive Chair Euisun Chung

The Group's vision begins with intelligent devices, where AI capabilities enhance vehicles and robots. It then expands to intelligent spaces, including AI factories where AI autonomously integrates logistics, production and quality management across entire operations.

Ultimately, Hyundai Motor Group envisions city-level intelligence, where critical infrastructure and assets — including energy, mobility and robotics systems — are connected and optimized in real time.

Executive Chair Chung also highlighted the Group's key strengths in realizing its Physical AI vision:

• World-class manufacturing competitiveness: Hyundai Motor Group has built extensive expertise through decades of operating global manufacturing facilities, managing quality systems and optimizing supply chains. This foundation enables the Group to apply AI technologies to products, processes and services while rapidly validating and scaling innovations in real-world environments.
• Leading robotics capabilities: Hyundai Motor Group has established robotics as a key pillar of its future business portfolio. Boston Dynamics' quadruped robot Spot®, logistics robot Stretch®, and Hyundai Motor Group Robotics LAB's next-generation mobile robot platform MobED are recognized for combining technological competitiveness with real-world applicability.
  
  In particular, the humanoid robot Atlas® is emerging as a representative example of Physical AI, supporting and collaborating with people across manufacturing, logistics and mobility environments.
• Establishing a data flywheel system: Hyundai Motor Group is establishing a data flywheel system that leverages data generated across manufacturing operations, vehicles, logistics systems and robotics demonstrations to continuously advance AI models. Enhanced algorithms are then reapplied to real-world operations, creating a virtuous cycle that improves performance and strengthens Physical AI capabilities.

Accelerating the Future of Physical AI Through Partnerships with Global Tech Leaders

Executive Chair Chung also outlined concrete initiatives to position Hyundai Motor Group as a leader in human-centered Physical AI through strategic collaborations with NVIDIA and Waymo, as well as Boston Dynamics' strategic partnership with Google DeepMind.

"By combining Hyundai Motor Group's strengths in manufacturing, robotics and data with the capabilities of global technology leaders, we can help create a new innovation ecosystem for the Physical AI era." — Hyundai Motor Group Executive Chair Euisun Chung

• NVIDIA – Advancing Physical AI infrastructure and talent development

Hyundai Motor Group is expanding collaboration with NVIDIA to strengthen Physical AI infrastructure and cultivate AI talent. Building on a supply agreement for 50,000 NVIDIA Blackwell GPUs and a memorandum of understanding signed last year to advance Korea's Physical AI capabilities, the Group is pursuing a range of initiatives, including the establishment of Hyundai Motor Group Robot Application Center, as well as various collaborations aimed at strengthening Korea's Physical AI infrastructure and AI talent ecosystem, including the NVIDIA's AI Technology Center.

In manufacturing, the Group is leveraging NVIDIA's platform to create more sophisticated digital twins of production facilities, enhancing process design, operational optimization and validation efficiency. The collaboration also includes the integration of NVIDIA's autonomous driving solutions, including automotive semiconductors, sensors and architecture, with Hyundai Motor Group vehicle platforms.

• Waymo – Strengthening autonomous driving collaboration

Hyundai Motor Group continues to strengthen its strategic partnership with Waymo in the autonomous driving sector to support the development of a safe and innovative autonomous driving ecosystem. Autonomous driving vehicles require a wide range of specialized capabilities, including redundant systems for steering, braking, power and communications, dedicated features such as power-operated doors, as well as enhanced functional safety and cybersecurity technologies.

Hyundai Motor Group plans to produce IONIQ 5 vehicles with specific autonomous-ready modifications at Hyundai Motor Group Metaplant America (HMGMA) in Georgia.

• Google DeepMind – Accelerating next-generation humanoid robotics

Boston Dynamics has established a strategic partnership with Google DeepMind to accelerate the development of next-generation humanoid robots. Advanced AI models and training systems are essential for robots to perform complex tasks in real-world environments and collaborate effectively with people. Through this partnership, Boston Dynamics robots are expected to achieve greater autonomy and adapt more effectively to complex operating environments.

Hyundai Motor Group plans to establish a robot production facility in the U.S. with an annual capacity of up to 30,000 units by 2028. The Atlas humanoid robot will first be deployed at production facilities including HMGMA before broader deployment is expanded through phased validation.

Building an Open Ecosystem Through the Robot Reference Platform and Continued Investment in Korea's Physical AI Future

Executive Chair Chung also outlined initiatives aimed at supporting the growth of Korea's Physical AI ecosystem through open collaboration and continued investment.

"The outcomes of collaboration with global technology leaders should contribute to the growth of Korea's Physical AI industry. To that end, Hyundai Motor Group plans to foster an open ecosystem that supports innovation in robotics and AI technologies." — Hyundai Motor Group Executive Chair Euisun Chung

Key initiatives to build an open ecosystem for robotics and AI innovation include:

• Robot Reference Platform: Hyundai Motor Group and NVIDIA are collaborating to develop a Robot Reference Platform that combines Hyundai Motor Group's and NVIDIA's Physical AI capabilities.
  
  The platform will provide research robot models to universities, research institutes and startups, helping foster an open ecosystem that supports technological innovation and the development of Physical AI talent while contributing to the broader growth of Korea's robotics and AI industries.
• Supporting universities, research institutes and startups: The Robot Reference Platform is expected to provide universities, research institutes and startups with a standardized hardware and software environment, enabling them to more easily develop and validate Physical AI technologies. The initiative aims to help address challenges faced by organizations with innovative ideas but limited access to commercialization opportunities and validation infrastructure.

Hyundai Motor Group is also continuing large-scale investments aimed at driving the next leap forward in Korea's industrial and technology ecosystem. Continued investments in Korea's industrial and technology ecosystem include:

• Saemangeum AI Valley: In the Saemangeum region of Jeonbuk State, the Group is developing Saemangeum AI Valley, which includes an approximate KRW 9 trillion investment in AI data centers, robotics manufacturing clusters, electrolyzer plants and AI hydrogen city infrastructure.
  
  In particular, the robotics manufacturing cluster will serve not only as a production base for the Group's own robotics products, but also as a robotics foundry that provides manufacturing services for small and medium-sized enterprises that lack manufacturing expertise.
• Advanced industrial hubs in the Yeongnam region: Hyundai Motor Group plans to invest a total of KRW 42 trillion over the next decade to foster advanced industrial hubs focused on AI-driven manufacturing, future aerospace industries and sustainable energy infrastructure.

Through these initiatives, Hyundai Motor Group aims to strengthen key foundations for the Physical AI era, including data and energy infrastructure, robotics production capabilities and real-world validation capabilities. The Group also expects these investments to contribute to enhanced industrial competitiveness, balanced regional development, job creation and broader economic vitality in Korea.

More information about Hyundai Motor Group can be found at: http://www.hyundaimotorgroup.com or Newsroom: Media Hub by Hyundai, Kia Global Newsroom, Genesis Newsroom

HD Hyundai Samho, a shipbuilding subsidiary of HD Hyundai, is now launching the Korea-U.S. shipbuilding cooperation initiative, known as the MASGA (Make American Shipbuilding Great Again) project, through its entry into the U.S. port crane market.

The contract was signed as part of a terminal modernization project to replace aging cranes at WUT, the U.S. subsidiary of HMM, South Korea's largest shipping company, and expand the terminal's capacity to accommodate larger container vessels.

WUT currently operates eight quay cranes at the Port of Tacoma, four of which were supplied by HD Hyundai Samho in 1999. The project involves replacing two aging quay cranes with new cranes and adding two new yard cranes. Through the project, both companies expect to enhance port cargo-handling capabilities, expand capacity for larger vessels, and improve operational reliability.

Under the agreement, HD Hyundai Samho will carry out the entire project on a turnkey basis, including the design, manufacturing, transportation, installation, and commissioning of two quay cranes and two yard cranes, with all equipment scheduled for delivery by 2028.

The order reflects HD Hyundai Samho's advanced design and manufacturing capabilities, as well as its understanding of U.S. port operations and the trust it has built with customers. Since 1985, HD Hyundai Samho has supplied a total of twenty port cranes to major ports across the United States.

With growing emphasis from the U.S. government and industry on port supply chain resilience and security, Korea-U.S. shipbuilding cooperation through the MASGA project is expected to continue expanding. This order is expected to further strengthen HD Hyundai Samho's business foothold in the United States.

"The port crane order for the Port of Tacoma is a meaningful achievement that reflects the recognition of our technological expertise and quality competitiveness, built through a wide range of domestic and international projects," an HD Hyundai Samho official said. "Going forward, we will support the MASGA project through the development of eco-friendly, high-efficiency port equipment."

Meanwhile, HD Hyundai Chairman Chung Kisun met with U.S. Trade Representative Jamieson Greer in May last year to discuss ways to strengthen cooperation between South Korea and the United States in the shipbuilding industry. During the meeting, Chung introduced HD Hyundai Samho's crane manufacturing capabilities and proposed areas for collaboration.

• Quay Crane: A crane used to load and unload containers to and from vessels berthed at the port.
• Yard Crane: A crane used to load and unload containers onto and off vehicles within the terminal yard.

Announced during Korea President Jae Myung Lee's AI Summit visit to San Francisco, the planned 200-megawatt expansion will be built with the NVIDIA DSX platform at NAVER's GAK Sejong hyperscale data center in Sejong, South Korea. The expanded infrastructure will provide Korea- and U.S.- based AI innovators with access to production-scale AI compute for building next-generation models, agents and AI-powered services.

Under the terms of the agreements, Brookfield will fund up to $9 billion as the exclusive capital partner, NVIDIA will invest $1 billion and NAVER will fund the remaining amount to finance the $10 billion project.

This builds on NAVER's June announcement to extend its GAK Sejong data center with NVIDIA DSX, with a long-term path to gigawatt-scale sovereign AI infrastructure serving Korea's enterprises, industries, government organizations and global AI cloud customers. Combining Brookfield's capital with NVIDIA's computing platform, the investment supports NAVER's AI factory deployment.

"NVIDIA's strategic investment and our infrastructure supply agreement with Brookfield have propelled NAVER's vision for the AI Factory business into a robust execution phase," said Haejin Lee, Founder and Chairman of NAVER. "Leveraging the solid partnerships with our global partners, we will drive technological innovation, foster a sovereign AI ecosystem, and spearhead efforts to strengthen South Korea's AI competitiveness."

AI Factory Expansion and Open Model Collaboration to Fuel AI Innovators

NAVER, as an NVIDIA Cloud Partner, provides deep expertise in operating hyperscale infrastructure powered by the full-stack NVIDIA AI platform. The 200-megawatt AI factory, featuring NVIDIA Vera Rubin and Blackwell platforms, will establish a dedicated resource pool for emerging AI companies, providing the compute, software and support needed to develop and deploy competitive AI models and applications at scale.

This expanded infrastructure also builds on NAVER and NVIDIA's collaboration on open model development for agentic and physical AI. NAVER is advancing its HyperCLOVA X models to be based on NVIDIA Nemotron™ 3 Ultra open models with its proprietary data and training expertise. NAVER is also the first Korean company to join the NVIDIA Nemotron Coalition, contributing to open model development across pretraining, post-training and reinforcement learning.

NAVER plans to launch an AI agent platform in Korea in the second half of the year, powered by NVIDIA Agent Toolkit software including NVIDIA NemoClaw™ blueprints. NAVER is also developing a Seoul World Model using proprietary urban street-view and spatial modeling data, built on NVIDIA Cosmos™ world foundation models.

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

Following its sweep of six Ookla^® Speedtest^® awards in the second half of 2025, Netvigator has once again earned a series of fixed broadband accolades, demonstrating its high-speed, reliability, ultra-low-latency, and seamless network performance.

Ookla^® Speedtest^® awards for the first half of 2026:

• Fastest Fixed Network in Hong Kong
• Best Fixed Network in Hong Kong
• Best Fixed Gaming Network in Hong Kong
• Top-Rated Fixed Network in Hong Kong
• Fastest Fixed Network in East Asia
• Best Fixed Network in East Asia

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

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

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

Signed on July 24, the sales contract aligns with Decision No.876/QD-TTg and the government's net-zero emissions goal, supporting the transition to clean-energy public transport.

Under the agreement, Kim Long Motor Hue JSC will supply 100 electric buses to Phuong Trinh JSC with three lines, namely KIMLONGB30-EV, KIMLONGB40-EV, and KIMLONGB60-EV. The vehicles are researched, designed, and manufactured at Kim Long's manufacturing and assembly plant. Produced on a modern production line, the vehicles meet stringent standards for quality, safety, and operational efficiency.

Developed specifically for the public passenger transport sector, KIMLONGB30-EV (30 seats), KIMLONGB40-EV (40 seats) and KIMLONGB60-EV (60 seats) boast modern design, smooth performance, zero emissions, and optimised operating costs.

All three vehicle lines are equipped with advanced BYD batteries, providing a travel distance of approximately 270 km, 300 km, and 350 km, respectively, on a single charge. These buses also feature many amenities, including high-capacity air conditioning, surveillance cameras, and electronic route displays. The vehicles cater to diverse demands from inner-city routes to routes connecting urban areas, residential zones, and tourist areas.

Kim Long Motor has become a reliable partner for transport companies and regulatory agencies in advancing green transportation. Its electric bus lines are already in operation in Ho Chi Minh City, Danang, and Dak Lak, and the company continues to expand across other localities to improve public passenger transport quality.

At the signing ceremony, Mai Tien Phat, member of the Board of Directors at Kim Long Motor, said, "As a vehicle supplier for Phuong Trinh, Kim Long Motor continues to affirm its quality, production capability, and brand prestige in Vietnam's commercial vehicle market."

"Beyond delivering high-quality products, we are committed to comprehensive after-sales service, warranty, maintenance, and technical support to ensure stable vehicle operation," he added. "We believe this partnership will advance green transportation in Vietnam, creating tangible benefits for businesses, communities, and the environment."

Phuong Trinh JSC, which operates bus routes in Ho Chi Minh City, has extensive experience in public passenger transport. The investment in 100 electric buses reinforces its sustainable development strategy towards building a modern, environmentally friendly public transport system that better serves passengers' commuting needs.

Nguyen Thi Diem Van, chairwoman of Phuong Trinh JSC, said, "After a careful research and partner selection process, we highly appreciate Kim Long Motor's research and manufacturing capabilities. We are particularly impressed with the quality of Vietnamese-branded buses."

“The investment in 100 electric buses will contribute to improving the quality of public passenger transport services. The move also reflects Phuong Trinh JSC's commitment to green transportation, emissions reduction, and environmental protection. We expect the Kim Long electric bus fleet to be put into effective operation soon, providing people with safe, convenient, and civilised travel experiences,” she added.

For Kim Long Motor, the contract represents more than a commercial milestone in its strategy to develop the new-energy commercial vehicle market. The move also encourages the company to invest, research, innovate technologies and improve product quality. With the

With a gradually developing automotive industry ecosystem and increasing localisation rates, Kim Long Motor is steadily asserting its position as one of Vietnam's leading commercial vehicle manufacturers. The efforts contribute to the realisation of the Party and government's policies on developing the automotive industry, promoting a green economy and circular economy, and accompanying Vietnam's emission reduction roadmap.

Kim Long Motor and AOJ Suzhou enter strategic partnership Kim Long Motor and AOJ Suzhou signed a strategic cooperation agreement in Ho Chi Minh City on February 14.

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

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

Speaking to the media on July 21 in Hanoi, Chia said Vietnam has emerged as one of the most advanced electric vehicle (EV) markets in Southeast Asia, not only because of rising EV adoption but also because domestic companies are increasingly developing and designing automotive technologies.

"I would say Vietnam is doing very well. In many other ASEAN countries, the focus is still mainly on EV consumption through imports or local assembly. However, when it comes to developing and designing automotive technologies, I have not seen the same level of activity elsewhere," he said.

He attributed the momentum to a combination of supportive government policies, a growing technology ecosystem, and the presence of a strong domestic EV manufacturer that is accelerating innovation.

"Vietnam has a strong government commitment to technology development and innovation. At the same time, I see a vibrant startup ecosystem and many Vietnamese engineers returning from overseas to build technology companies. That combination creates strong momentum," he said.

Chia said one of the biggest technology shifts in the automotive industry is the transition towards software-defined vehicles (SDVs), in which software increasingly controls vehicle functions and enables continuous upgrades throughout a vehicle's lifetime.

Modern vehicles are evolving into high-performance computing platforms equipped with multiple cameras, digital displays, advanced driver assistance systems, premium audio systems, and increasingly sophisticated connectivity.

As vehicle electronics become more complex, manufacturers are moving away from traditional domain-based electronic architectures, where each function has its own controller, towards zonal architectures managed by centralised computing systems.

The new approach reduces wiring, lowers vehicle weight, improves manufacturing efficiency, and enables software updates to introduce new features after vehicles have been sold.

"The amount of data inside vehicles is increasing rapidly. Industry experts expect the volume of data processed in each vehicle to grow from around 20GB today to more than 200GB over the next decade," he said.

Rather than developing central computing systems themselves, ADI focuses on the technologies that connect cameras, sensors, displays, speakers, and other electronic systems throughout the vehicle.

"You can think of our technology as the veins and blood vessels in the human body. The central computer may be the brain, but without the network connecting everything together, the brain cannot communicate with the rest of the body," Chia said.

The company highlighted three automotive connectivity technologies supporting SDV architectures:

• GMSL (Gigabit Multimedia Serial Link), which enables high-speed, low-latency transmission between cameras, displays, and central processors for ADAS and infotainment systems;
• A2B (Automotive Audio Bus), which simplifies vehicle audio networks by carrying audio, control signals, and power over a single cable; and
• E2B (Ethernet to the Edge Bus), designed to connect sensors and actuators within zonal vehicle architectures.

According to Chia, GMSL technology has been deployed for more than two decades, with over one billion integrated circuits shipped globally. He confirmed that VinFast is among the automotive manufacturers already using ADI's GMSL technology.

Looking ahead, Chia said Vietnam's EV market is likely to be shaped by two parallel trends: improving user convenience and strengthening local technology capabilities.

On the consumer side, expanding charging infrastructure for electric cars and battery-swapping networks for electric motorcycles will remain essential to accelerate adoption.

"Convenience is one of the most important factors in encouraging consumers to adopt EVs. Once that foundation is in place, consumers will naturally begin to expect higher levels of comfort and premium experiences inside the vehicle," he said.

At the industry level, Chia believes Vietnam's biggest long-term opportunity lies in developing more domestic engineering and design capabilities. He noted that most Tier-1 automotive suppliers operating in Vietnam remain foreign companies, while local manufacturers still rely heavily on externally developed modules and technologies.

"The opportunity is how Vietnamese companies can gradually build their own engineering and design capabilities instead of only purchasing complete modules. In the long run, design capabilities create much higher value than manufacturing alone," he said.

Developing proprietary technologies and intellectual property would enable Vietnamese companies to move further up the automotive value chain, he added, although he acknowledged the transition would take time.

Chia also identified English-language proficiency as an area that could further strengthen Vietnam's technology sector. "Having stronger English skills allows engineers to access technical documentation more quickly, collaborate internationally, and absorb new technologies faster," he said.

Despite that challenge, Chia said Vietnam currently holds a strong position within Southeast Asia's automotive technology landscape because of the combination of government support, domestic industry leadership, and an increasingly capable engineering workforce.

VinFast deliveres over 58,000 EVs globally in Q1 VinFast delivered 58,577 electric vehicles globally in the first quarter, a 61 per cent increase on-year.

VCCI agrees with proposal to extend tax incentives for EVs The Vietnam Chamber of Commerce and Industry agrees with the Ministry of Finance's proposal to extend the special consumption tax on motor vehicles under 24 seats powered by batteries.

V-Green, EVNHANOI to install 10,000 EV battery swapping cabinets in Hanoi V-Green Global Charging Station Development JSC and Hanoi Power Corporation have signed an agreement to deploy up to 10,000 electric motorbike battery swapping cabinets across the capital.

The conference was organised by Hanoi Sub-Department of Livestock, Fisheries and Veterinary Medicine (under Hanoi Department of Agriculture and Environment), in coordination with Soi Dog Foundation and Vietnam Social and Behaviour Change Communication for Sustainable Development Company (SBCC Vietnam).

The conference brought together representatives of state management agencies, experts in veterinary medicine, public health and sustainable economic development, together with households currently engaged in the slaughtering and trading of dog and cat meat across the project's 14 pilot wards.

This session builds on three previous livelihood transition training conferences and three online selling skills workshops held earlier under the project. At this fourth conference, the Organising Committee introduced additional hands-on vocational training programmes in food processing and beverage preparation, diversifying employment opportunities and giving participating households more options suited to current market demand as they transition to new occupations.

The project “Pilot Model for Rabies Prevention, Sustainable Economic Development – Phased - Transitioning the Dog and Cat Meat Trade in Selected Wards of Hanoi City,” approved by Hanoi People’s Committee in 2025, has achieved a number of positive results to date.

According to a review conducted by the people’s committees of the participating wards and the Project Management Board as of last month, 28 dog and cat meat slaughtering and trading facilities have ceased operations, and 25 facilities have registered to transition their business models.

Notably, Giang Vo ward has become the first locality within the project’s scope confirmed, based on local review results, to have no remaining dog and cat meat trading facilities in operation. This outcome reflects the combined effect of multiple measures, including strengthened communication and outreach, livelihood transition support, improved state management of veterinary medicine, food safety and food traceability, rabies prevention and control, and the consensus of residents.

A baseline survey conducted before the project began had also found no dog and cat meat trading facilities in Cua Nam ward. However, Giang Vo is the first locality to achieve this result as an outcome of the project’s support activities, demonstrating the initial effectiveness of a model that combines state management, behaviour change communication, and livelihood transition support.

To support households in transitioning to sustainable occupations, the Organising Committee introduced vocational training programmes suited to current market demand, requiring reasonable initial investment, straightforward to implement, and well-matched to the experience of households already working in food and beverage services.

Speaking at the conference, Nguyen Dinh Dang, director of Hanoi Sub-Department of Livestock, Fisheries and Veterinary Medicine, said, “The project’s early results show that combining stronger state management with livelihood transition support is the right direction, gradually changing public awareness and helping residents move into stable, sustainable occupations."

"Going forward, the Sub-Department will continue to work with local authorities, organisations and businesses to expand support activities, contributing to more effective rabies prevention and control, food safety assurance, animal disease control, and the development of civilised, sustainable livestock farming.”

Representatives of Soi Dog Foundation and SBCC Vietnam commended the project’s early results and reaffirmed their continued commitment to working with city agencies on vocational training, startup support, market linkages, and ongoing support for households throughout their livelihood transition.

Beyond Giang Vo ward, the project has also seen positive change in areas such as Tu Liem and Tay Mo, which previously had a relatively large number of dog and cat meat trading facilities. According to review results, many facilities in these areas have either ceased operations or are progressively transitioning their business models.

Phasing out the slaughter and trade of dog and cat meat will support households in shifting to sustainable livelihoods, while strengthening veterinary and food safety management, improving rabies control and food traceability, reducing zoonotic disease risks, and fostering a more civilised urban environment.

Going forward, Hanoi Sub-Department of Livestock, Fisheries and Veterinary Medicine will continue to work with relevant departments, people’s committees, international organisations, businesses, vocational training institutions and job placement providers to expand livelihood transition support, creating opportunities for residents to pursue stable, sustainable careers, while contributing to implementation of the national rabies control programme.

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

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

Hanoi steps up rabies prevention through public awareness A mass communications campaign on rabies prevention and animal welfare has been launched in Hanoi to raise public awareness and promote a safer, more civilised urban environment.

According to a notice issued by the Office of the US Trade Representative (USTR), the additional duties apply to goods entered for consumption, or withdrawn from bonded warehouses for consumption, from 12:01 a.m (US time) on July 24, 2026. The new tariff rates of 10 and 12.5 per cent officially took effect at midnight on July 24, replacing the temporary 10 per cent tariff that expired simultaneously.

According to a USTR document released on July 23, the new tariffs will cover 99.4 per cent of US trade. CNBC reported that the agency said it is not yet able to estimate the amount of revenue the new duties will generate.

The tariffs will apply to all goods imported from economies subject to the investigation, with several exceptions. These include raw materials facing potential supply shortages, products whose taxation could disrupt the broader economy, and goods that cannot be produced in sufficient quantities in the US and for which there are no viable alternative sources.

Products already subject to tariffs under Section 232 national security measures introduced last year, including automobiles, aluminium, steel, and copper, will also be exempt from the new duties. In addition, certain products that meet the rules of origin under the US-Mexico-Canada Agreement will not be subject to the new tariffs, reflecting the high degree of integration within North American supply chains and the significant US value content of these goods.

USTR Jamieson Greer also pledged that, for countries that have concluded trade agreements with the US, the new tariffs will not cause total tariff levels to exceed the ceilings agreed between the two sides.

According to the USTR announcement, the 10 per cent tariff will apply to imports from countries including Cambodia, Indonesia, Argentina, Bangladesh, Malaysia, the United Kingdom, Canada, Ecuador, El Salvador, Guatemala, Honduras, India, Jordan, and Mexico.

Meanwhile, for the European Union, Taiwan, Japan, South Korea, and Switzerland, the new tariff, when combined with the existing most-favoured-nation duty, will result in a total tariff rate of either 10 or 12.5 per cent, depending on the economy.

A total of 38 economies will face the 12.5 per cent tariff, including Vietnam, China, Thailand, and the Philippines.

The new tariffs are widely viewed as the latest step in the US efforts to restore the near-universal tariff policy championed by President Donald Trump during his election campaign.

In February 2026, the US Supreme Court struck down the reciprocal tariff policy of 10 to 50 per cent that President Trump had introduced last year under national emergency legislation to reduce the country's trade deficit.

Following the ruling, President Trump invoked Section 122 of the Trade Act of 1974 to impose a temporary 10 per cent tariff for 150 days. That measure officially expired at 12:01 a.m (US time) on July 24, with the new tariff rates taking effect immediately afterwards. Goods already in transit will remain exempt until 12:01 a.m on July 28 (US time).

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The minister said that the first pillar is institutions and policies, with the overarching view that laws should not be obstacles, but rather a solid foundation for creating development.

The second pillar is human resources and talent, with talent being the most important factor, the core element determining the success or failure of AI development.

Minister Vu Hai Quan at the APEC Ministerial Meeting on Digital and AI. Photo: MST

The third pillar is AI infrastructure, data, and startups, aiming to build a comprehensive ecosystem with infrastructure, data, and a young startup community at its core.

Minister Quan proclaimed that AI development is a journey requiring cooperation among countries and economies. Vietnam is committed to strengthening cooperation with China and APEC member economies to build a safe AI future.

The minister stated that in 2027, Vietnam is honoured to assume the role of APEC host country and respectfully extends an invitation to ministers and leaders in charge of digital and AI fields from member economies to visit Vietnam and participate within the framework of APEC Year 2027.

The ministry is now strengthening cooperation with countries, organisations, and businesses on AI. In early July, during a working session with Maroun Kairouz, executive director of the World Economic Forum (WEF), Minister Quan said that Vietnam prioritises the development of AI and semiconductor technology as key drivers for growth.

Photo: MST

Both sides agreed to soon finalise an MoU between the WEF and the government of Vietnam, serving as a solid coordination framework to realise commitments and creating leverage to propel Vietnam's digital economy forward.

At a meeting with Qualcomm on July 17 in Hanoi between Deputy Minister of Science and Technology Hoang Minh and Durga Malladi, EVP and general manager of Technology Planning, Edge Solutions and Data Centres at Qualcomm, the two sides discussed opportunities to expand cooperation in AI, semiconductors, research and development, workforce development, and innovation.

Vietnam encourages Qualcomm to broaden cooperation in AI, semiconductors, and research, while stepping up support for technology commercialisation, talent development, and the innovation ecosystem.

Both sides agreed to continue discussions on specific areas of cooperation, contributing to the development of a stronger AI, semiconductor, and innovation ecosystem in Vietnam.

Vietnam holds potential for robot, AI development: insiders Vietnam holds huge potential in the application and development of new technologies amid the wide utilisation of robot and artificial intelligence (AI) in daily life activities.

Vietnam keeping pace with world’s AI development: expert With the development of several language models designed specifically for Vietnamese users like PhoGPT, Vietnam has caught up with the world’s AI trend, an expert from VinAI under Vingroup conglomerate said on December 19.

Huawei keen on AI development in Vietnam Chinese tech giant Huawei is interested in developing 5G networks, digital transformation, AI, and more in Vietnam.

Advantech Edge Impulse 2025: AI Development Speed-Up Partnership New collaboration targets industrial IoT, giving AI blogs Advantech Edge AI keywords and joint solution brief.

Human-centred governance seen as key to AI development Drawing on both international experience and Vietnam’s policy trajectory, experts agreed that AI can deliver lasting value only when it is designed and deployed within a clear, human-centred governance framework.

The event brought together policymakers, businesses, and industry representatives to discuss solutions for reducing plastic waste in the retail sector.

Nguyen Trung Thang, deputy director of ISPAE, said the event aimed to update stakeholders on policies related to the circular economy and plastic pollution reduction.

"The workshop also provides an opportunity to share successful models for reducing single-use plastics while strengthening connections between regulators, businesses, manufacturers, development organisations, and consumers to promote sustainable production and consumption," Thang said.

Plastic pollution remains a major global environmental challenge. According to the United Nations Environment Programme, between 19 and 23 million tonnes of plastic waste enter aquatic ecosystems each year, damaging ecosystems, reducing their resilience to climate change, and threatening livelihoods, food security, and human wellbeing.

Vietnam has introduced a number of policy frameworks to strengthen plastic waste management and promote sustainable consumption, including the National Strategy on Integrated Solid Waste Management to 2025 with a vision to 2050, the National Action Plan on Sustainable Production and Consumption for 2021-2030, Prime Minister's Directive No.33/CT-TTg, and Decision No.1316/QD-TTg on plastic waste management.

Under these policies, Vietnam aims to ensure that plastic bags and packaging used in shopping centres and supermarkets are environmentally friendly, while gradually phasing out non-biodegradable plastic bags and single-use plastic products.

Quach Thi Xuan, representative of Pacific Environment, said reducing single-use plastics in retail requires more than replacing conventional materials with greener alternatives.

"For these models to be effective in Vietnam, close coordination is needed between the government, businesses, and consumers to improve policies, invest in reuse infrastructure, standardise packaging, and raise public awareness," Xuan said.

She noted that many countries are shifting from waste management towards waste prevention through product and packaging redesign. Measures increasingly adopted include restrictions on single-use plastics, extended producer responsibility schemes, deposit-return systems, and reusable packaging networks.

Retailers worldwide have introduced refill stations, encouraged customers to use reusable bags and containers, replaced plastic packaging with sustainable materials, and offered incentives to encourage greener consumption habits.

The European Union has banned a range of single-use plastic products and tightened packaging requirements, while France has introduced strict rules limiting disposable plastic packaging. China has also implemented nationwide restrictions on non-biodegradable plastic bags and packaging.

According to Dr. Kim Thi Thuy Ngoc of ISPAE, reducing plastic consumption in supermarkets should be a starting point for promoting the circular economy in retail.

Research by the institute shows that each supermarket distributes an average of 1,454 plastic bags per day, equivalent to around 1.6 bags per customer transaction. In Hanoi alone, supermarkets provide approximately 200,000 plastic bags daily, or nearly one tonne of plastic.

"To reduce plastic waste generation, 16 major retailers have joined the Retailers Alliance for Plastic Bag Reduction, committing to replace non-biodegradable plastic bags with environmentally friendly alternatives while encouraging customers to limit single-use plastics. Businesses are also increasing the use of recycled paper and sustainable packaging across their supply chains," Ngoc said.

From a business perspective, Le Thi Hong Nhi, deputy general director of Communications, External Affairs and Sustainability at Unilever Vietnam, outlined the company’s proposed 4C framework for accelerating the circular economy.

The framework comprises Collaboration, fostering shared responsibility across the value chain; Connection, strengthening data sharing and stakeholder coordination; Circulation, creating closed-loop systems spanning product design, waste collection, recycling, and the use of recycled materials; and Change, encouraging more sustainable consumer choices.

“Policies should also support the wider adoption of eco-labels for environmentally friendly products and packaging, helping consumers identify and prioritise green products while encouraging businesses to invest in sustainable development," Nhi said.

Circular economy becoming architectural foundation The circular economy is increasingly becoming a driving force and playing a central role in Vietnam’s dual transition towards digitalisation and green transformation, serving as an essential pathway to achieving sustainability goals.

Driving double-digit growth through green and circular transformation in Vietnam The circular economy has been identified as a strategic pillar of Vietnam's new green growth model. At the same time, it is considered as a strategic key enabling Vietnam to seize opportunities for breakthrough development.

Green finance and circular economy as drivers of growth As low-cost, sustainability-driven green capital increasingly flows into circular business models, the circular economy is set to evolve into a new driver of Vietnam’s economic growth. Long Viet Nguyen, partner in Consulting for EY Vietnam, spoke to VIR about unlocking green finance for such business models.

200 participants trained on circular economy Over 200 attendees, including managers and specialists from ministries, departments, localities, and businesses, attended a training course about circular economy and sustainable production and consumption in Hanoi on March 10.

Milk cartons and the circular economy: when schools become agents of change Billions of beverage cartons are consumed every year – a vast, underutilised source of recyclable material waiting to be properly harnessed.

Advancing the circular economy: opportunities for Germany-Vietnam cooperation The circular economy, sustainable manufacturing, and industrial competitiveness were at the centre of discussions at the Germany-Vietnam Business Forum 2026 held in Ho Chi Minh City on June 11.

Mondelez Kinh Do continues to win accolades with two sustainability awards Driven by its commitment to responsible growth and circular economy leadership, Mondelez Kinh Do Vietnam continues to earn recognition for its sustainability initiatives and community contributions.

Retailers step up circular economy efforts to curb plastic waste Vietnam’s leading retailers are accelerating efforts to reduce single-use plastic bags and promote circular economy practices, as businesses increasingly position sustainable consumption as a key component of their long-term growth.

Japan's Sharp Energy Solutions Corporation (SESJ) has completed the acquisition of all shares held by NSN Construction & Engineering JSC in Sharp NSN Energy Solution JSC (SNES), a joint venture established in Vietnam by SESJ and NSN, as of June 30, 2026.

As a result, SNES has become a wholly owned subsidiary of SESJ. In addition, SNES changed its company name to Sharp Energy Solution Vietnam Co., Ltd. (SESV) on May 28.

Since its establishment in March 2020, SESV has been engaged in engineering, procurement and construction (EPC) services–covering engineering, procurement, and construction of solar power plants–as well as operation and maintenance (O&M) services, including operation and maintenance, within Vietnam.

Amid continued growth in demand for renewable energy in Vietnam, the full acquisition is expected to accelerate decision-making and enable more integrated business operations.

Centred on SESV, expansion into new business areas will be pursued, including rooftop solar power systems for factories and commercial facilities, as well as solar power plants combined with Battery Energy Storage Systems.

Vietnam is rapidly emerging as a clean energy hub, supported by growing industrial demand, tighter carbon compliance standards, and the declining cost of solar power. Increasing electricity demand and higher power prices are boosting the appeal of rooftop solar as a cost-effective, cleaner energy source, while battery storage is gaining traction as businesses seek to optimise electricity use and strengthen energy resilience.

Dawn Medical acquires Vietnam's Pinnacle Health Equipment Dawn Medical Technologies has acquired a controlling stake in Pinnacle Health Equipment, one of Vietnam's largest medtech distributors, marking its entry into the Vietnamese market.

Kredivo Group takes over digital banking platform Timo On May 5, digital financial services platform Kredivo Group announced the acquisition of Timo Digital Bank, a Vietnamese platform developed by BV Bank.

Nissha completes share acquisition of USM Healthcare Nissha Co., Ltd. on May 21 announced that the share acquisition of USM Healthcare Medical Devices Factory JSC has been completed.

Ho Chi Minh City People's Committee will be responsible for the overall state management of the FTZ. The site is located approximately 50 km northwest of downtown Ho Chi Minh City and around 25 km north of Long Thanh International Airport.

The Ho Chi Minh City FTZ covers more than 4,170 hectares and will comprise three functional zones and eight contiguous sub-zones.

These include the existing container port; Cai Mep Ha Container Terminal; the downstream Cai Mep Ha Container Terminal; Cai Mep Ha railway station on the Bien Hoa–Vung Tau railway line; an inland waterway port; the southern section of Cai Mep Industrial Park; Cai Mep Ha Logistics Centre; and an integrated industrial, urban, and service area.

The FTZ linked to Cai Mep Ha Seaport is intended to serve as a pioneering pilot model for implementing breakthrough institutional mechanisms and creating an international-standard free trade and investment environment. It is also envisioned as a strategic gateway connecting the city's manufacturing, trade, and service sectors with regional and global markets.

It will also become a new growth driver, supporting Ho Chi Minh City's ambition to emerge as a leading maritime economic hub in Southeast Asia. At the same time, it will create new space for rapid and sustainable development while strengthening connectivity across the Southeast region and the country.

Under the development plan, the FTZ will prioritise the digital economy, green economy, and circular economy, anchored by a green logistics hub, a seaport cluster, and an international transshipment port. The zone will be closely integrated with the Cai Mep-Thi Vai deepwater port cluster, Can Gio International Transshipment Port, and Long Thanh International Airport.

In addition to serving as a logistics and green manufacturing hub, the FTZ aims to foster high value-added industries that apply advanced, environmentally friendly technologies. It is also envisioned as an innovation hub, attracting global talent and serving as a regional headquarters location for multinational corporations in logistics, maritime services, and international trade.

Ho Chi Minh City Export Processing and Industrial Zones Management Authority has been assigned to undertake direct state management of the zone, while assuming certain functions, responsibilities, and powers transferred from specialised departments under the municipal people's committee.

Under the development roadmap, during 2026–2030 the city will focus on enhancing the operational efficiency of existing facilities, including seaports, warehouses, and factories within Cai Mep Industrial Park.

Priorities will include strengthening the governance framework, developing digital platforms for management, operations, and supervision, implementing planning, expanding transport and infrastructure connectivity, carrying out site clearance, and attracting strategic domestic and international investors.

During 2031–2035, Ho Chi Minh City will continue developing the FTZ on the foundation of current infrastructure, while completing a highly competitive maritime economic ecosystem and advancing the zone's transformation into a green free trade zone. The remaining functional zones will also be completed in line with the approved master plan.

Beyond 2035, the city aims to establish the FTZ linked to Cai Mep Ha Seaport as the nucleus of the southeast region's maritime economy. It is envisioned to become one of Vietnam's leading cargo transshipment hubs with regional and international significance.

Cai Mep Port. Photo: Le Toan

Cai Mep Ha Port project wins approval with $1.95bn investment A major port investment has been approved as part of efforts to strengthen Vietnam’s logistics and maritime infrastructure.

Cai Mep Terminal delivers first pipeline gas to Phu My Power Complex AG&P LNG, a leading LNG terminals and downstream infrastructure company, on July 17 announced that Cai Mep Terminal has begun delivery of first pipeline gas to the Phu My power complex via the new Cai Mep–Phu My gas pipeline.

PVI Insurance's performance was driven by growth in direct insurance, reinsurance and related services.

In addition, revenue collected on behalf of social insurance system reached $85.9 million, up 30.2 per cent on-year, helping expand the company's customer base and strengthen service touchpoints.

Motor insurance continues to be the core business line for many non-life insurance firms

At DBV Insurance (formerly Vietnam National Aviation Insurance), gross written premiums reached $123.6 million during the first half of 2026.

Motor insurance remained the company's core business line, accounting for 66 per cent of total gross written premiums and rising 94.4 per cent from a year earlier, enabling DBV to move into the market's leading group in this segment.

Meanwhile, property and engineering insurance posted growth of 68.5 per cent, marine insurance increased 55.8 per cent, and personal accident and health insurance rose 85.1 per cent.

This marked the first time DBV's gross written premiums exceeded approximately $120 million during the first six months of a year.

According to an industry expert familiar with the company's operations, the results reflect a broad restructuring programme following the completion of DB Insurance's acquisition of controlling stakes in Vietnam National Aviation Insurance (now DBV) and Sai Gon-Hanoi Insurance Corporation in early 2024.

The restructuring included reorganising the branch network, adjusting underwriting operations and redefining the business roles of the two insurers.

DBV's improved market position has been most evident in motor insurance. Based on data compiled by DBV from the Insurance Association of Vietnam, the company ranked first in motor insurance gross written premiums during the first five months of 2026, generating $65.9 million, nearly double the $34.6 million recorded by second-ranked Bao Viet Insurance.

DBV's 2026 business plan targets gross written premiums of approximately $248 million, up more than 48 per cent from 2025, underscoring the company's aggressive growth strategy from the outset of the year.

Meanwhile, PVI Insurance said it is accelerating efforts to become Vietnam's first non-life insurer to achieve annual revenue of $1.2 billion in 2026.

The positive momentum extends beyond individual companies, with broader market indicators suggesting that Vietnam's insurance industry is gradually recovering after a prolonged period of adjustment.

At the Ministry of Finance's second-quarter 2026 regular press briefing, Pham Thu Phuong, deputy director general of the Insurance Supervisory Authority, said Vietnam's insurance market is showing signs of recovery, particularly following the life insurance sector's confidence crisis during 2022-2023 period.

Total insurance market revenue is estimated to have increased by around 2 per cent in the first half of 2026.

Non-life insurance revenue rose by more than 12 per cent, while life insurance revenue declined by about 4 per cent, indicating that the pace of contraction has slowed considerably.

Insurance management bodies are also stepping up digital transformation, strengthening inspections and supervision, and enhancing dialogue with insurers to address challenges, improve regulatory effectiveness and support the market's sustainable development.

Supported by the government's and the Ministry of Finance's policy measures, alongside the country's ambition to achieve double-digit economic growth, the insurance market is expected to continue its recovery and gradually move towards the 2030 target of insurance premium revenue equivalent to 3.3-3.8 per cent of the country’s GDP.

Insurers juggle with market share shifts and moderate gains Despite severe economic impacts caused by the health crisis, non-life insurers continue to manoeuvre through the turmoil.

AAA Insurance rebrands on journey towards top 10 non-life insurers AAA Insurance Company, a prominent player in Vietnam's insurance sector, has undergone a transformation and rebranded itself as AAA Insurance Corporation.

Non-life insurers face mounting pressure after typhoon hits motor sector Typhoon Bualoi has triggered a wave of motor insurance claims in Vietnam, with hundreds of vehicles damaged by floods and debris, pushing compensation costs and insurance pressure to new highs.

Eric Chou, Vice President of Mobile eXperience at Samsung Australia, Samsung Electronics Australia said, "Australians are increasingly looking for technology that fits seamlessly into their lifestyles, helping them stay productive, connected and healthy. Our latest Galaxy devices have been designed with that in mind, combining meaningful AI experiences with premium hardware innovation to empower Australians to do more, create more and live life their way."

Samsung launches its eighth generation of foldable devices: Galaxy Z Fold8 Ultra, Galaxy Z Fold8 and Galaxy Z Flip8

With now over eight generations, Samsung's latest Galaxy Z series is Samsung's most complete foldables lineup yet, giving Australians the choice of a foldable that best suits their unique lifestyle.

"We know smartphone users aren't one-size-fits-all, which is why we've built our best and most complete foldable lineup to date," said Nathan Rigger, Head of Product, Mobile eXperience, Samsung Electronics Australia. "The Galaxy Z series brings together breakthrough design, powerful performance and personalised AI experiences, empowering Australians to find the foldable that best meets their needs."

The Galaxy Z Fold8 reveals a brand-new, first of its kind form factor. With Samsung research revealing smartphone use for entertainment has increased over the past two years^[1], the new passport-like shape transforms the way content is consumed – spanning streaming and gaming through to social media use, allowing Australians to seamlessly switch between landscape and portrait, immersion, and interaction.

With performance and functionality continuing to be among the top factors influencing smartphone choice in Australia^[1], the Galaxy Z Fold8 Ultra delivers flagship foldable performance. The Galaxy Z Fold8 Ultra is a flagship-level powerhouse in a foldable form factor – with a long-lasting battery, ultra-fast charging, upgraded camera and hinge, powered by Galaxy AI for smarter multitasking and an elevated user experience. And for Australians seeking pocketability, the Galaxy Z Flip8 is Samsung's thinnest and lightest flip phone ever, weighing just 180g and measuring 6.1mm thick, giving convenience and flexibility while still being able to perform when you need it.

Samsung Galaxy Watch9 and Galaxy Watch Ultra2: Australians offered two clear options to support their health and wellness goals

With a whopping 70% of Australians regularly exercising^[2], the new Galaxy Watch lineup launch is timely, giving Australians two distinct wearable options to support their health and wellness goals.

The Galaxy Watch9 is a stylish, everyday health companion with enhanced comfort, battery life and AI-powered wellness insights, while the Galaxy Watch Ultra2 is built for extreme adventurers, with advanced sports tracking and Samsung's brightest display and largest battery yet. Powered by Samsung Health and AI, both watches deliver personalised health tracking and actionable insights for a more holistic view of wellbeing.

"The Galaxy Watch9 continues our vision of making everyday wellness more accessible and intuitive," said Kylie Mason, Head of Wearables, Mobile eXperience, Samsung Electronics Australia. "With comfort and wearability ranking among the top priorities for Australians choosing a smartwatch, we are excited to continue redefining the premium smartwatch category by introducing an elegant design that maintains our iconic cushion heritage, with improved battery and enhanced vitality features. It is a chic and sophisticated companion that helps Australians stay on top of their wellbeing throughout the day."

For more information about the Samsung Galaxy Z8 series, visit https://www.samsung.com/au/smartphones/ and join the conversation with @samsungau by sharing if you are #FoldOrFlip. For more information about the Galaxy Watch9 and Galaxy Watch Ultra2, please visit https://www.samsung.com/au/watches/.

This is precisely the type of occasion STARTRADER builds its product strategy around. As significant names enter the US market and begin drawing institutional attention, STARTRADER moves decisively to ensure clients have access when it carries the most relevance. For a company of SK Hynix's standing in the AI memory supply chain, its US debut represents exactly that kind of opportunity.

The decision reflects a product philosophy centred on anticipation. As the boundary between global and US-listed equities continues to narrow, STARTRADER intends to remain consistently at that intersection, connecting clients to names the global investment community is beginning to follow closely and providing the access needed to engage with both confidence and context.

"Clients who follow the AI infrastructure story understand that the opportunity runs through the entire supply chain, including the memory and bandwidth that make large-scale AI possible. SK Hynix's arrival on the US market made this the right moment to act, and acting early on behalf of our clients is exactly what we intend to keep doing."

Peter Karsten, Chief Executive Officer, STARTRADER

SKHY marks the latest addition in a product offering designed to keep clients directly connected to the names and sectors defining the next phase of global market development, with the breadth and precision to engage with structural investment themes as they take shape.

Trading CFDs involves a significant risk of loss and may not be suitable for all investors. Please ensure you fully understand the risks before trading.

The collaboration demonstrates how connected robotic, automotive, and defense systems can securely exchange information with cloud services using standardized quantum-resistant cryptography while preserving the communication patterns and distributed software architectures that modern intelligent systems rely on. The implementation provides a practical blueprint for bringing quantum-safe security to long-lived connected systems without requiring fundamental changes to existing applications.

As quantum computing continues to advance, many of today's widely deployed public-key cryptographic algorithms are expected to become vulnerable to cryptographically relevant quantum computers. For software-defined vehicles, autonomous systems, connected robotics, data of national security concern, and platforms designed to remain in service for decades, this creates a long-term cybersecurity challenge. These systems increasingly depend on secure communication with cloud-based services for monitoring, diagnostics, software updates, fleet management, coordination, and remote operation, making the transition to quantum-resistant security an important priority.

The implementation combines Terra Quantum's post-quantum cryptography capabilities with Apex.OS to enable secure cloud communication using NIST-standardized quantum-resistant cryptographic algorithms. Apex.OS provides the software-defined robotics and intelligent-machine foundation for this joint solution, enabling secure edge-to-cloud communication in an application environment representative of modern autonomous and connected systems. Importantly, the solution preserves existing communication workflows and application architectures, enabling organizations to strengthen cybersecurity while maintaining compatibility with modern distributed software systems.

"Connected intelligent systems are rapidly becoming critical infrastructure," said Markus Pflitsch, CEO, Founder and Chairman of Terra Quantum. "The vehicles, robots, and industrial systems being deployed today will still be operating when quantum computers begin challenging today's cryptographic standards. Organizations cannot afford to wait until that moment arrives. This implementation demonstrates that NIST-standardized post-quantum cryptography is ready to protect cloud-connected systems today, providing a practical path toward quantum resilience without disrupting existing software architectures."

Dr. Florian Neukart, Chief Technology Officer at Terra Quantum, added: "The transition to post-quantum cryptography must be practical, standards-based, and interoperable with the software systems organizations already operate. Our collaboration with Apex.AI demonstrates that NIST-standardized post-quantum cryptography can be integrated into modern robotics and software-defined vehicle environments without changing application logic or communication architectures. By preserving existing development workflows while strengthening cryptographic resilience, we enable organizations to begin their migration to quantum-safe security today."

Dr. Jan Becker, CEO at Apex.AI, said: "Software-defined vehicles, intelligent machines, and connected defense systems increasingly rely on trusted communication with cloud infrastructure throughout their operational lifetime. Our collaboration with Terra Quantum demonstrates that standardized post-quantum cryptography can be integrated into modern robotics software environments while preserving the flexibility, scalability, and communication models developers rely on to build next-generation intelligent systems. For organizations developing platforms that may remain in operation for years or decades, preparing for post-quantum security is becoming an important lifecycle consideration that should be addressed early in the architecture and product planning process."

Unlike approaches that require redesigning applications or communication frameworks, the demonstrated implementation enables organizations to begin adopting standardized post-quantum security using technologies available today. By preserving established software architectures while replacing vulnerable cryptographic building blocks, organizations can prepare long-lived connected systems for the post-quantum era with minimal operational disruption.

The implementation is particularly relevant for industries operating mission-critical connected assets, including robotics, autonomous mobility, industrial automation, manufacturing, logistics, aerospace, defense, and critical infrastructure, where devices deployed today must remain secure throughout operational lifecycles that often extend well beyond the arrival of cryptographically relevant quantum computers.

Beyond securing individual platforms, the joint solution enables quantum-safe protection of interconnected Systems-of-Systems operating across cloud, edge, autonomous, and mission networks. In line with NATO's Multi-Domain Operations approach, resilient and interoperable communication infrastructures are essential to orchestrate effects across land, air, maritime, cyber, and space domains. The demonstrated architecture provides a scalable foundation for secure information exchange and mission assurance across complex, software-defined operational ecosystems.

As governments and industry accelerate the adoption of NIST's post-quantum cryptographic standards, the collaboration demonstrates that organizations can begin their migration to quantum-safe communication today using standardized technologies without redesigning existing software-defined systems.

The AMD Robotics Partner Network is an open ecosystem that enables partners to build and deploy robotics solutions across embedded, edge, and cloud environments using AMD compute. The network brings together ODMs, ISVs, sensor providers, system integrators, and more to accelerate end-to-end robotics innovation on an AMD-validated platform.

Because robots operate under constrained power, memory, and compute resources, running AI models directly on robotic devices requires model optimization. Drawing on its AI model compression and hardware-aware optimization technology, Nota AI plans to optimize model size, computational workload, and memory usage for the processors and system environments used in robotics, helping AI models run reliably under constrained compute resources.

Participation in the AMD Robotics Partner Network helps Nota AI advance open, scalable physical AI solutions that enable autonomous robots to perceive, reason, and act across real-world environments.

"For physical AI to deliver real value in industrial environments, AI models must be optimized for the compute and memory constraints of the robots on which they operate," said Myungsu Chae, CEO of Nota AI. "By joining the AMD Robotics Partner Network, we are expanding our on-device AI optimization technology into robotics and look forward to collaborating with fellow network partners to support the deployment of physical AI solutions across industrial environments."

"The AMD Robotics Partner Network brings together ODMs, ISVs, and system integrators to enable scalable robotics solutions across industries," said KV Thanjavur Bhaaskar, Robotics Lead, AMD. "It creates a collaborative ecosystem designed to accelerate innovation and expand market reach for partners."

Nota AI has provided on-device AI solutions based on AI optimization technology developed across a range of edge AI applications, including smart cities, industrial safety, and mobility. Through its participation in the AMD Robotics Partner Network, the company plans to expand the application of its technology into the robotics sector.

"Data center architecture is becoming more workload-specific, and customers need systems that can be selected with purpose," said Danny Hsu, General Manager of MSI's Enterprise Platform Solutions. "MSI's latest server portfolio powered by 6^th Gen AMD EPYC Server CPUs gives organizations the platform range to build around performance, density, efficiency, and serviceability as their infrastructure evolves."

"AMD enterprise AI technologies have become the trusted foundation for the modern data center, and 6^th Gen AMD EPYC Server CPUs extend that leadership with a new level of performance, efficiency and scalability," said Dan McNamara, senior vice president and general manager, Compute and Enterprise AI, AMD. "As enterprises scale cloud, HPC, virtualization and AI workloads, EPYC CPUs provide a trusted foundation for AI performance, infrastructure consolidation and innovation, while continuing to deliver leadership general-purpose compute for the business-critical applications and workloads that keep organizations running every day."

Liquid-Cooled GPU Server
With the CG681-S6093 Liquid-Cooled 6U GPU Server, MSI advances SP7-based AI infrastructure for dense GPU deployments with strong AI host-node capability and liquid-cooling efficiency. The 6U platform supports dual 6^th Gen AMD EPYC Server CPUs, 400G networking, and E1.S NVMe storage to scale accelerated AI workloads.

Core Compute Platforms
MSI's Core Compute platforms provide 19-inch DC-MHS multi-node architectures optimized for cloud, virtualization, containerized workloads, and scale-out enterprise applications. Available in both SP7 and SP8 configurations, these air-cooled platforms allow customers to balance compute density, performance, and power efficiency across modern data centers.

• CD270-S4091-X2: 2U 2-Node (1P SP7, air-cooled) for performance-driven cloud and enterprise deployments
• CD270-S4081-X4: 2U 4-Node (1P SP8, air-cooled) for cost-efficient scale-out cloud infrastructure

Open Compute Platforms
MSI's Open Compute platforms bring 21-inch multi-node designs to ORv3 rack-scale infrastructure for cloud, HPC, AI cluster infrastructure, and scale-out enterprise workloads. Available in SP7 and SP8 designs, the platforms offer flexible socket and cooling configurations, including single-socket, dual-socket, air-cooled, and liquid-cooled options. These systems help customers build dense, serviceable compute infrastructure for large-scale deployments.

• CD281-S4091-X2: 2OU 2-Node (1P SP7, air-cooled)
• CD181-S4091-X2: 1OU 2-Node (1P SP7, liquid-cooled)
• CD282-S6091-X2: 2OU 2-Node (2P SP7, air-cooled)
• CD182-S6091-X2: 1OU 2-Node (2P SP7, liquid-cooled)
• CD281-S4081-X2: 2OU 2-Node (1P SP8, air-cooled)

Enterprise Servers
MSI's Enterprise Servers are designed for mainstream enterprise IT, virtualization, storage, database, and business-critical workloads, with 1U and 2U SP8 platforms available in both single-socket and dual-socket configurations. Featuring versatile E3.S or U.2 storage configurations, OCP 3.0 networking, and expansion flexibility, these systems help customers scale reliable enterprise infrastructure across diverse workloads.

• CX172-S4081 (1U, 1P SP8)
• CX272-S4081 (2U, 1P SP8)
• CX172-S6082 (1U, 2P SP8)
• CX272-S6082 (2U, 2P SP8)

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Photo: Trung Nguyen

Tran Ky Anh, Carbon Credit Trading manager at Vingroup, said the conglomerate had established its data infrastructure from the earliest stages of project development to support its participation in the carbon market.

“Vingroup has already built the measurement platform required for 4.5 million carbon credits from electric vehicles and charging stations, while Green Carbon Japan is awaiting approval to export carbon credits to Japan and Singapore,” he said.

Each V-Green charging station is equipped with a smart electricity meter connected to a centralised management platform, allowing charging data to be collected, stored and updated in real time. The data can be traced and verified, providing the basis for calculating emissions reductions and supporting the measurement, reporting and verification process under international carbon credit standards.

Vingroup’s electric mobility ecosystem provides the company with significant scale advantages. At its core is VinFast, supported by V-Green charging stations, Green SM ride-hailing services, and VinBus electric buses. The group has also expanded into renewable energy and high-speed rail infrastructure.

“These sectors provide a strong foundation for Vingroup to participate effectively in both domestic and international carbon markets,” Ky Anh said.

The group is currently developing two carbon credit projects. One is expected to generate one million carbon credits from the conversion of petrol-powered motorcycles to electric vehicles during 2025–2029. Meanwhile, its charging station network could generate emissions reductions equivalent to approximately 3.5 million tonnes of CO₂ annually. Both projects are being developed under internationally recognised standards, including Verra and Gold Standard.

Alongside projects developed in-house, other Vietnamese companies are partnering with international organisations to generate carbon credits.

Phan Tien Thanh, business development manager at Green Carbon Japan Vietnam Co., Ltd., said the company is implementing a low-emission rice cultivation project using alternate wetting and drying techniques across around 80,000 hectares in 15 provinces, with an estimated 500,000 carbon credits expected to be generated this year.

“These carbon credits are awaiting approval from the relevant authorities before being exported to markets such as Japan, Singapore and South Korea, with Switzerland expected to follow. We expect prices to range between $15 and $30 per credit, depending on the market,” Thanh said.

Under Decree No.112/2025/ND-CP, businesses are permitted to transfer carbon credits overseas through three mechanisms: bilateral agreements between governments, mechanisms established under the United Nations Framework Convention on Climate Change, or independent standards such as Verra and Gold Standard.

The decree also sets limits on the proportion of carbon credits that may be transferred abroad to ensure a balance between domestic emissions' reduction targets and international trading opportunities. Projects involving electric vehicles, charging stations and low-emission rice cultivation are permitted to transfer up to 90 per cent of the credits generated, while forestry projects are subject to a 50 per cent cap.

Nguyen Tien Hai, technical director at Vietnam Energy and Environment Consultancy, said the transfer cap had disappointed some forestry project developers, although the remaining credits could still be traded on Vietnam’s domestic carbon exchange once it becomes operational.

According to Hai, allowing regulated emitters to use carbon credits to offset up to 30 per cent of their emissions quotas will create substantial domestic demand and provide a strong incentive for businesses to invest in carbon credit projects.

“This will be a major driver for project developers, as they will have opportunities to sell carbon credits in both domestic and international markets,” he said.

According to Nguyen Tuan Quang, deputy director general of the Department of Climate Change under the Ministry of Agriculture and Environment, an increasing number of Vietnamese companies in export-oriented industries, energy, agriculture and forestry have begun developing carbon credit projects, while many localities are also exploring opportunities to monetise their emissions' reduction potential.

“Participating in the carbon market will help Vietnam fulfil its emissions' reduction commitments and create new revenue streams and strengthen the competitiveness of businesses as the economy transitions towards low-carbon development,” Quang said.

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The ceremony took place on July 22, led by the consortium including T&T Infrastructure Investment and Development, CIENCO4, and project enterprise Quang Tri Airport Co., Ltd. The control tower, often regarded as the 'brain' of airport operations, will serve as the operational hub responsible for flight safety and coordination once the airport becomes operational.

The tower comprises 11 floors and a rooftop, with a floor height of 44.34 metres with the highest point reaching 51.73 metres. It is designed to meet stringent requirements for air traffic surveillance, flight control operations, and the installation of specialised air traffic management equipment. The venture requires exceptionally stringent standards in structural engineering, architectural design, and construction techniques.

Quang Tri Airport is being developed under the public–private partnership model. Groundbreaking took place in 2024, with total investment exceeding VND5.8 trillion. Under the master plan, the airport has been upgrade to a level 4C airport, capable of handling wide-body aircraft such as the Boeing 787 and Airbus A350. The upgrade significantly expands the airport's operational capacity and provides greater scope for its long-term development.

Construction of the airport’s other major components is progressing concurrently with the completion of the control tower. For the passenger terminal, the primary structural works have been substantially completed. Internal and external masonry and plastering are underway, while installation of the terminal’s roof steel structure, auxiliary facilities, and supporting infrastructure continues as planned.

Meanwhile, the runway has been completed. For the taxiway and airfield drainage system, organic soil stripping, mud excavation, subgrade excavation, and compaction have all been completed, achieving all the required technical specifications.

With the completion of the air traffic control tower, the consortium of investors and construction units are working to bring the Quang Tri Airport to completion on schedule. Envisioned as a modern airport, the project will drive socioeconomic development for Quang Tri and the north central region.

Quang Tri airport project to commence construction in early July The Quang Tri airport project, with an initial outlay of 5.8 trillion VND (227 million USD), will be kicked off on July 6 by a joint venture between T&T Group and CIENCO 4.

Quang Tri Airport officially starts construction Quang Tri People’s Committee and a joint venture between T&T Group and CIENCO 4 held a groundbreaking ceremony for the Quang Tri Airport project on July 6.

Quang Tri to start work on $232 million airport next year Quang Tri province will resolve the pending issues of the Quang Tri Airport project so that it can start work in 2026.