Arabian Post Staff -Dubai Botim Money has launched IBAN-enabled wallets in the UAE, allowing eligible users to receive salaries, direct deposits and domestic bank transfers directly inside the Botim app. The service gives qualifying customers a Virtual IBAN in their own name, extending regulated account access to segments of the population that have often relied on cash wages, exchange houses or limited-purpose wallets. The rollout has been […]
Investcorp has agreed to acquire a majority stake in Smart Managed Solutions, a London-based mechanical and electrical facilities management specialist, in a deal that deepens the Bahrain-based alternative investment firm’s exposure to resilient business services in the UK. The financial terms of the transaction were not disclosed. Smart’s co-founders, Lee Bainbridge and Alex Wilkin, will retain a meaningful minority holding, keeping the founders aligned with the company […]
Arabian Post Staff -Dubai Abu Dhabi-backed artificial intelligence investor MGX has explored a potential acquisition of Singapore-based data centre operator DayOne, a move that would deepen the emirate’s push into global digital infrastructure as demand for computing capacity accelerates across Asia, Europe and the United States. The discussions remain preliminary and may not lead to a transaction. DayOne has also been preparing for a possible public listing […]
In the past year, the company has made significant progress in sustainable practices including reducing Scope 1 and 2 carbon emissions by 37% in 2025 against a 2019 baseline, exceeding the halfway mark of previously stated 2030 carbon reduction targets. Hongkong Land has further strengthened governance and accountability through a new Long-Term Incentive Plan where senior management remuneration is linked to long-term performance and success in achieving key sustainability objectives.
In 2025, the company also reinforced its commitment to responsible investment by becoming a signatory of the United Nations Principles for Responsible Investment (UNPRI), an international framework that promotes responsible investment practices and the integration of ESG factors into investment decision-making.
Earlier this year, Hongkong Land launched Singapore’s largest commercial real estate private fund, the Singapore Central Private Real Estate Fund (SCPREF), which focuses on ultra-premium and green-certified assets, aligning capital allocation with the company’s decarbonisation pathways. SCPREF is also the company’s inaugural private real estate fund and lists other high-profile founding, sustainability-focused investors including APG Asset Management and Qatar Investment Authority.
Michael T. Smith, Group Chief Executive of Hongkong Land, said: “Our leading ESG rankings demonstrate that sustainability is built into our core business strategy. Becoming a UNPRI signatory demonstrates our long-term commitment to responsible investment practices, embedding sustainability throughout our culture and shaping sustainable, future-ready cities in partnership with our stakeholders. This disciplined approach ensures we deliver long-term growth while continually enhancing the resilience of our assets.”
Hashtag: #HongkongLand #ESG #Sustainability #CSR #Business #Corporate
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Hongkong Land is a major listed property development, investment and management group. It focuses on developing, owning and managing premium and ultra-premium mixed-use real estate in Asian gateway cities, featuring Grade A office, luxury retail, residential and hospitality products. With over US$50 billion in assets under management, Hongkong Land’s ultra-premium mixed-use real estate footprint spans over 1.97 million sq. m. lettable area in operation and 1.43 million sq. m. lettable area under development, with flagship mixed-use projects in Hong Kong, Singapore and Shanghai. Its properties hold industry leading green building certifications and attract the world’s foremost companies and luxury brands. Established in 1889, Hongkong Land takes a long-term view, investing significantly alongside its capital partners and concentrating its portfolio where it can create the most value for tenants, customers and investors. Hongkong Land Holdings Limited has a primary listing on the London Stock Exchange, with secondary listings in Singapore and Bermuda. Hongkong Land is a member of the Jardine Matheson Group.
Apple is set to work with Intel on designing and manufacturing chips in the United States, President Donald Trump said, signalling a potential breakthrough for Intel’s foundry ambitions and a fresh shift in Washington’s effort to bring advanced semiconductor production closer to home. The announcement, made through Trump’s social media account, has not yet been publicly confirmed by either Apple or Intel. Both companies have declined to […]
Tokyo-listed game developer Gumi has moved to deepen its exposure to XRP, positioning the token at the centre of a broader restructuring that shifts the company further beyond mobile games and into blockchain-linked financial infrastructure. The Shinjuku-based company is consolidating digital asset operations under a “Neo Crypto Business” pillar, alongside its “Neo Media Entertainment Business”, as it seeks to become one of Japan’s most prominent corporate holders […]
The shares changed hands through block deals on the National Stock Exchange, with the transaction executed at ₹1,730 a share. The deal involved about 44.9 lakh shares, with private equity investor ChrysCapital, through its affiliate Sepia Investments, and Anchor Partners selling part of their holdings. ADIA bought 39,130 shares, while other buyers included Aberdeen Group, Factory Mutual Insurance Company, HDFC Mutual Fund, Kotak Mahindra Mutual Fund, Ashoka WhiteOak and other funds.
Corona Remedies’ shares rose nearly 3 per cent after the transaction, trading around ₹1,840 on the NSE, as the market read the entry of large domestic and overseas institutions as a vote of confidence in the company’s branded formulations business. The block deal valued the stake at a premium to the company’s public issue price band of ₹1,008-₹1,062 a share in December 2025, underlining the strong post-listing performance of the stock.
Sepia Investments sold 43.28 lakh shares, equal to about 7.07 per cent of Corona Remedies’ equity, for around ₹748.9 crore. Anchor Partners offloaded 1.61 lakh shares, or 0.26 per cent, for about ₹28 crore. Sepia’s stake fell to 12.69 per cent from 19.76 per cent after the sale, while the wider ownership base brought more institutional depth to the company’s shareholder register.
The transaction is also a partial exit for early financial investors who backed Corona Remedies before its public listing. For buyers, the attraction lies in a domestic formulations franchise with established brands across women’s healthcare, cardio-diabeto, pain management, urology and other therapeutic categories. The company has positioned itself in segments with higher repeat prescription potential and relatively stronger pricing resilience than low-margin commodity generics.
Corona Remedies reported revenue growth of about 17 per cent in the financial year ended March 2026, while profit after tax rose about 33 per cent. Its full-year revenue crossed ₹1,400 crore, supported by growth in chronic and sub-chronic therapies, brand-led marketing and wider distribution. The company’s earlier public offer was entirely an offer for sale, meaning the proceeds went to existing shareholders rather than to the company.
The drugmaker was ranked among the top 30 pharmaceutical companies in the domestic pharmaceutical market by sales before its listing. Women’s healthcare is one of its strongest verticals, followed by cardio-diabeto, pain management and urology. Its brand portfolio includes products targeted at specialist doctors, a strategy that has helped it command higher prescription visibility in selected therapies.
The stake purchase comes at a time when pharmaceutical companies with strong domestic franchises are drawing investor interest. Companies focused on branded formulations have benefited from rising healthcare consumption, deeper insurance penetration, higher diagnosis rates for chronic conditions and stronger prescription volumes in urban and semi-urban markets. The domestic pharmaceutical market has also been less exposed to some of the pricing and regulatory volatility faced by export-heavy generic drugmakers.
ADIA’s participation fits a broader pattern of Gulf sovereign capital seeking exposure to healthcare, pharmaceuticals, financial services, infrastructure and consumer platforms across growth markets. The Abu Dhabi fund has built a diversified global portfolio and has been active in private equity, listed equities, real estate and alternatives. Its entry into Corona Remedies, though modest in percentage terms, adds to institutional interest in healthcare businesses with predictable cash flows and long-term demand visibility.
For Corona Remedies, the deal improves public float quality and may support market liquidity. Greater institutional ownership can also bring closer scrutiny of margins, product concentration, compliance, capital allocation and future acquisition strategy. The company’s next phase will be measured against its ability to maintain growth while protecting profitability in a market where promotional expenses, field-force productivity and doctor engagement remain critical.
The transaction also highlights how block deals have become an important route for private equity funds to monetise stakes after listings. Rather than waiting for gradual market sales, large shareholders can exit or pare exposure through negotiated exchange transactions that allow institutional buyers to acquire sizeable positions in a single trading window. Such deals can reduce overhang when executed cleanly, though they also put focus on valuation sustainability after the initial market response.
Abu Dhabi Investment Authority has emerged among institutional buyers in a ₹777 crore open-market transaction involving a 7.3 per cent stake in Corona Remedies, marking another Gulf-linked investment in the country’s fast-growing listed pharmaceutical space. The transaction was executed through block deals on the National Stock Exchange at ₹1,730 per share, with shares sold mainly by Sepia Investments, an affiliate of ChrysCapital, and Anchor Partners. ADIA purchased […]
Dubai’s commodities market is preparing to launch a same-day physically settled gold contract, giving bullion dealers, refineries and institutional traders a regulated route to execute, clear and settle physical gold transactions within a single trading day. The Dubai Gold and Commodities Exchange will introduce its Gold Spot T+0 Contract on Monday, 22 June, positioning the emirate as one of the few global centres offering exchange-based same-day settlement […]
Brussels has narrowed its artificial intelligence infrastructure plan by opening the way for smaller and phased data centre projects, signalling a more cautious approach to Europe’s bid to compete with the United States and China in advanced computing. The European Union’s tender framework for AI gigafactories now allows bidders to propose facilities that can grow in stages rather than committing immediately to the largest scale originally envisaged. […]
Dubai’s main commodities exchange is preparing to launch a same-day settlement gold contract on Monday, seeking to strengthen the emirate’s role in bullion trading as investors, dealers and refineries demand faster execution, tighter price certainty and reliable access to physical delivery. The Dubai Gold and Commodities Exchange, part of Dubai Multi Commodities Centre, will introduce the Gold Spot T+0 Contract for bullion dealers, refineries, brokers, clearing members […]
Arabian Post Staff -Dubai MENA mergers and acquisitions are expected to recover only gradually after war-driven volatility hit confidence, even as bankers say the region’s strategic deal pipeline remains alive. Bank of America expects activity lost during the first half of the year to take months, rather than days or weeks, to return, with transactions delayed by the conflict involving Iran, the US and Israel. The bank’s […]
Welcoming the report, a spokesperson for the Hong Kong Special Administrative Region (HKSAR) Government said, “The World Competitiveness Yearbook (WCY) 2026 reaffirms Hong Kong as one of the most competitive economies in the world, and notes that Hong Kong’s rise to second sustains the strong upward trajectory from 2024 and 2025.”
In announcing the results, the IMD noted that, amid rising geopolitical tensions, competitive advantage hinges on credible institutions, predictable rules, enforceable commitments and public trust.
According to WCY 2026, Hong Kong’s rise reflects sustained performance across the four competitiveness factors measured. Among these factors, Hong Kong ranks second in “Government efficiency” and third in “Business efficiency”. “Infrastructure” and “Economic performance” rank eighth and 11th respectively.
As regards the various competitiveness sub-factors, Hong Kong tops the rankings in “Tax policy” and “Business legislation”, ranks second in “Finance”, third in “International trade”, “International investment”, “Management practices” and “Education”, and fourth in “Public finance” and “Basic infrastructure”.
“In the competitiveness factor ‘Government efficiency’, Hong Kong continues to rank second globally, reflecting the HKSAR Government’s ongoing efforts to promote free and open, stable, predictable and business-friendly economic policies, as well as the international community’s trust in Hong Kong’s legal and regulatory environment,” the spokesperson said.
“Hong Kong’s ‘Business efficiency’ is ranked third globally, reflecting the strong support for industry development rendered by our robust financial ecosystem, as well as the seamless alignment of the city’s business practices and environment with international best standards.”
Amid rapidly evolving geopolitical dynamics, Hong Kong, with its close connectivity to both the Chinese Mainland and the world under the “one country, two systems” principle, and its sound institutions, open markets and sustained investments in innovation, has become a “value hub” that offers both security and growth opportunities.
In fact, Hong Kong continues to excel in various international rankings including those for economy, finance, and talent. The International Monetary Fund has also given positive recognition to Hong Kong in recent months, and major credit rating agencies have successively reaffirmed Hong Kong’s credit ratings and ‘stable’ outlook.
“All these echo the WCY 2026 results,” the spokesperson said.
Currently, Hong Kong is formulating at full speed its first Five-Year Plan, to proactively align with the National 15th Five-Year Plan.
“With the staunch support of our country, the HKSAR Government will work together with all sectors of society to strengthen our role and function as a ‘super connector’ and ‘super value-adder’, with a view to better integrating into and serving the overall national development, achieving our own high-quality development, creating more new room for development for our people and businesses, as well as opening up new opportunities for global investors and enterprises,” the spokesperson said.
Hashtag: #HongKong #BrandHongKong #Global #Competitiveness
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Gulf economies are forecast to stage a sharp rebound in 2027 after a conflict-driven contraction this year, as energy exports recover, travel demand returns and business confidence improves across the six-member Gulf Cooperation Council. The latest ICAEW-Oxford Economics Economic Insight report projects GCC gross domestic product to shrink 2.4 per cent in 2026, before expanding 8.1 per cent in 2027. The forecast marks one of the starkest […]
Arabian Post Staff -Dubai Investcorp has acquired a strategic stake in Metra, the UAE-headquartered IT distributor, in a deal that strengthens the Bahrain-based alternative investment manager’s exposure to the Gulf’s expanding digital infrastructure, artificial intelligence and cybersecurity markets. The value of the transaction and the size of the shareholding were not disclosed. The investment gives Metra its first institutional shareholder and is intended to support the company’s […]
Arabian Post Staff -Dubai Saudi Aramco is considering the sale of a stake in its sulphur business as the state-controlled energy group expands a wider drive to unlock cash from infrastructure assets and support Saudi Arabia’s investment-heavy economic transformation. The potential transaction, known internally as Project Yellowstone, could raise as much as $7 billion and would cover assets linked to sulphur storage and export terminals. Aramco invited […]
SINGAPORE – Media OutReach Newswire – 18 June 2026 – After more than two decades of delivering enterprise-grade software engineering and digital transformation solutions to multinational corporations and leading Japanese enterprises, Luvina Software Singapore today officially launches its operations in Singapore, marking a significant milestone in its global growth strategy and reinforcing the Republic’s role as a regional hub for advanced technology, artificial intelligence (AI) and digital innovation.
Established as a strategic joint venture between Luvina Software Vietnam and Singapore-based consulting firm GleamCore, Luvina Software Singapore aims to serve as a trusted gateway for organisations seeking high-quality, scalable and cost-efficient digital transformation solutions across the Asia Pacific region and beyond. The official inauguration was commemorated in the presence of Mr Cao Xuan Thang, Commercial Counsellor and Head of the Vietnam Trade Office in Singapore, alongside other senior representatives from the Embassy of Vietnam in Singapore, including senior diplomatic and trade officials, as well as strategic partners, enterprise leaders and key stakeholders from Singapore’s technology ecosystem.
The Singapore office represents a strategic move to bridge a growing gap in the digital economy, where organisations are under mounting pressure to modernise legacy systems, adopt AI and scale technological capabilities amid rising costs and talent shortages.
As businesses worldwide accelerate digitalisation, Singapore has emerged as one of the world’s most trusted technology ecosystems and a strategic gateway between East and West, with strong global connectivity, a highly developed regulatory environment and growing leadership in AI and Smart Nation initiatives.
Luvina Software’s decision to establish a presence in Singapore comes amid growing demand for trusted technology partners capable of delivering measurable outcomes. While many businesses prioritise digital transformation, organisations continue to face barriers including high implementation costs, delivery quality consistency, fragmented technology ecosystems and shortages in specialised engineering talent.
Singapore’s investments into frontier technologies, including more than S$1 billion committed towards National AI Research & Development between 2025 and 2030, further reinforce the nation’s position as a trusted global AI hub and a launchpad for regional and international expansion.
Founded in 2004 in Hanoi, Vietnam, Luvina Software has grown into a globally trusted software engineering company with over 750 employees, 1,000+ projects delivered, and more than 110 enterprise clients worldwide across sectors including insurance, banking, healthcare, manufacturing and retail. Impressively, 95% of its clients have remained with the company for at least a decade, underscoring its longstanding reputation for consistency, quality and reliability.
Luvina Software also operates delivery centres in Hanoi, Da Nang and Ho Chi Minh City, alongside international footprints in Japan, the United States and now Singapore, enabling seamless hybrid and offshore delivery models for clients across global markets.
Its long-standing experience serving discerning Japanese corporations has shaped a delivery philosophy rooted in precision, accountability and rigorous governance, supported by globally recognised certifications including ISO 27001 and CMMI Level 3 for both Services and Development.
At the heart of Luvina Software Singapore’s proposition is a unique operating model that combines Singapore-based strategic advisory and governance with Vietnam’s large-scale engineering capability, allowing enterprises to modernise systems and accelerate innovation without compromising quality or control.
The company’s core focus areas include:
Through its AI-enabled Offshore Development Centre (ODC) model, Luvina integrates AI-assisted software engineering into software planning, coding, testing and deployment, helping organisations accelerate delivery timelines, reduce inefficiencies and improve operational scalability while maintaining strict governance and quality assurance.
Rather than merely acting as a software vendor, Luvina positions itself as a long-term transformation partner, offering end-to-end accountability from technology strategy and implementation to long-term support and optimisation.
As part of its Singapore growth strategy, Luvina Software Singapore intends to work closely with solution providers, system integrators, professional service firms, venture capital and private equity firms, as well as enterprises seeking to co-develop scalable digital products for regional and international markets.
The company has already secured momentum in the Singapore market, having acquired more than a dozen local projects, with plans to further expand its presence across Southeast Asia, Australia and Europe in subsequent phases of growth.
Among its growing portfolio of clients are Nomura Research Institute Ltd., Japan’s largest economic research, management consulting and IT systems integration firm; CRESCO Ltd., a prominent Japanese IT systems integrator and software development company; and CRESCO Vietnam Co. Ltd., the Vietnam subsidiary of the CRESCO Group providing offshore development and IT solutions for Japanese enterprises. The portfolio also included Soliton Systems K.K., a specialist in cybersecurity, identity management, and secure access technologies, reinforcing Luvina Software Singapore’s reputation as a trusted technology partner for enterprise transformation and high-performance software delivery.
Mr Le Quang Luong, Co-Founder and CEO of Luvina Software, said, “Singapore represents not only a new market for us but it’s also a strategic gateway for how we intend to co-create the future of enterprise technology across the region. As organisations face mounting pressure to modernise, adopt AI and scale with confidence, businesses do not simply need more technology vendors; they need trusted partners who can bridge strategy, execution and measurable outcomes.”
“Through Luvina Software Singapore, we bring together Singapore’s global connectivity and governance strengths, Vietnam’s engineering excellence, and Japan’s deeply rooted standards of quality and reliability to help organisations transform with greater speed, confidence and accountability. Ultimately, we are here to turn complex work into outcomes businesses can count on,” added Mr Ethan Lim, CEO of Luvina Software Singapore.
Looking ahead, Luvina Software Singapore intends to deepen its role in helping enterprises modernise legacy systems, accelerate AI adoption and co-develop scalable digital solutions that can be commercialised globally, reinforcing Singapore’s role as a strategic innovation hub for the region.
For more information, please visit: www.luvina.net
Hashtag: #LuvinaSoftware #LuvinaSoftwareSingapore #AI #Launch #DigitalInnovation #Software #Singapore #Vietnam
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Luvina Software Singapore is the Singapore arm of Luvina Software, a Vietnam-founded enterprise software engineering and digital transformation company with more than 20 years of experience serving multinational corporations and leading Japanese enterprises. Established as a strategic gateway to the Asia Pacific market, Luvina Software Singapore provides AI-powered digital transformation, enterprise systems modernisation, cloud engineering, managed services and high-performance engineering capacity enablement.
Combining Singapore-based strategic advisory and governance with Vietnam’s engineering excellence, Luvina Software Singapore helps businesses accelerate innovation, modernise systems and scale with confidence.
Qais Mohammed Al Yousef, Chairman of the Public Authority for Special Economic Zones and Free Zones, held talks in Muscat with Harsha Amarasekera, Chairman of the Colombo Port City Economic Commission, on opportunities to link the two countries’ zone-development strategies. The discussions covered commercial and real estate development, mechanisms to improve the business environment, and ways to draw high-quality investments into projects designed to support sustainable growth.
The meeting marks a targeted attempt to move bilateral economic ties beyond conventional trade into the management, promotion and regulation of investment destinations. Both sides reviewed experience in developing and administering special economic zones and examined international practices that could raise operational efficiency, improve investor services and strengthen competitiveness.
For Oman, the engagement fits a wider policy push to make economic zones central to diversification under Vision 2040. OPAZ, established in 2020, supervises key destinations including the Special Economic Zone at Duqm, Sohar Free Zone, Salalah Free Zone and Al Mazunah Free Zone, while promoting a network of industrial estates and logistics-led investment sites. The zones offer incentives such as full foreign ownership, capital and profit repatriation, customs advantages and tax exemptions that can run up to 30 years for qualifying projects.
The policy framework was reinforced by Royal Decree 38/2025, which brought special economic zones and free zones under a unified law that took effect in April 2025. The legislation replaced separate legal regimes for free zones and Duqm, introduced clearer provisions for foreign ownership and licensing, and strengthened the case for a one-stop system to cut procedural delays for investors.
Duqm has become the most visible test of that strategy. Oman signed ten agreements and memoranda this month for projects in the zone with estimated investments of $7.5 billion, including a $4.2 billion green hydrogen development by ACME Group. The package underlines how Muscat is using zone-based infrastructure to capture capital in clean energy, downstream industry, logistics and export-linked production.
Sri Lanka approaches the talks from a different but complementary position. The island’s post-crisis recovery has made investment promotion a policy priority, with foreign direct investment crossing $1 billion in 2025. The Board of Investment approved 146 projects worth about $1.9 billion during the year, with manufacturing, port development and tourism accounting for the largest shares of inflows.
Colombo Port City gives Sri Lanka a flagship platform for the dialogue with Oman. Built on 269 hectares of reclaimed land next to Colombo’s central business district, the project is structured as an international service-oriented special economic zone, with an initial investment of $1.4 billion and expected overall investment of about $20 billion when fully developed. Its commission acts as a single-window facilitator for investors and grants incentives for businesses of strategic importance.
The Omani-Sri Lankan conversation also highlighted small and medium-sized enterprises, an area where both economies are seeking wider participation in export growth and innovation. Sri Lanka’s SME base is tied to apparel, services, technology, tourism and light manufacturing, while Oman is trying to deepen local supply chains around ports, industrial estates and energy projects. Collaboration could extend from investor promotion to training, supplier development and zone management systems.
The timing is significant. Sri Lanka remains under an IMF-backed reform programme after its 2022 financial crisis, with fresh financing approved in May to support reserves and policy stability. Growth remains exposed to external pressures, including energy-price volatility and climate shocks, making durable foreign investment more important than short-term inflows. Oman, meanwhile, is positioning itself as a stable Gulf logistics and production base as investors reassess supply chains.
This marks the third year that Fortune has published its Southeast Asia 500 ranking. The list ranks companies based on total revenue across seven countries in the region, including Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
According to Fortune, Vingroup ranked as the No. 1 private enterprise in Vietnam and No. 26 among the 500 largest companies in Southeast Asia. This year’s Southeast Asia 500 recognizes companies that are well positioned to capitalize on shifts in global supply chains and the rapid growth of strategic industries such as electric vehicles and artificial intelligence.
In addition to its scale of assets, Vingroup was highly recognized for its financial performance and operational efficiency. According to Fortune, in 2025, Vingroup recorded revenue of USD 12,760.6 million, representing year-on-year increases of 69.1% compared to the figures reflected in the 2025 ranking. Vingroup recorded net profit of USD 436.5 million and total assets of USD 42,536.4 million.
Vingroup is a diversified conglomerate operating across Industrials – Technology, Real Estate and Services, Infrastructure, Green Energy, Culture and Social Enterprises.
Within the Industrials – Technology pillar, VinFast reinforced its leading position in Vietnam’s automobile and electric two-wheeler markets while continuing its global expansion.
In 2025, VinFast delivered nearly 200,000 electric vehicles worldwide, up 102% year-on-year. The result exceeded the Company’s 2025 target and marked the highest annual delivery volume since its inception. In the first quarter of 2026, VinFast delivered 58,577 electric vehicles across all markets, representing a further 61% increase compared with the same period last year.
Within the Real Estate and Services pillar, Vinhomes maintained its market-leading position with 32 residential developments in operation, home to approximately 650,000 residents. In 2025, Vinhomes recorded contracted sales of VND 205.3 trillion, up 98% year-on-year, with more than 34,000 units delivered. Its unrecognized contracted sales backlog reached VND 186.4 trillion, providing a solid foundation for future growth. Consolidated net revenue totaled VND 153.3 trillion, up 49.8% from 2024, while net profit after tax reached VND 43.3 trillion, up 23.6% year-on-year and exceeding the Company’s annual target.
In 2026, Vinhomes launched a series of large-scale urban developments across Vietnam, including the 6,200-hectare Vinhomes Global Gate Ha Long in Quang Ninh Province, the 512-hectare Vinhomes Hai Van Bay in Da Nang, and the 1,080-hectare Vinhomes Saigon Park in Ho Chi Minh City. These developments are expected to reshape Vietnam’s urban landscape while contributing to the sustainable growth of the real estate market.
Meanwhile, Vinpearl continued to lead Vietnam’s hospitality, tourism and entertainment sector, operating 60 facilities across 20 provinces and cities. Its ecosystem includes more than 17,500 rooms across a network of five-star hotels and resorts; 15 VinWonders theme parks; six championship golf courses; and three international-standard convention centers and theaters under the VinPalace brand. The portfolio also features two semi-wildlife conservation parks and an equestrian academy. In addition, Vinpearl’s signature live-action performances in destinations such as Nha Trang and Phu Quoc attract millions of visitors each year.
Within the Infrastructure pillar, VinSpeed has commenced construction of Vietnam’s first two high-speed rail projects: the Ben Thanh – Can Gio line in Ho Chi Minh City and the Hanoi – Quang Ninh line. Launched in April 2026, the Hanoi – Quang Ninh route is the country’s first interregional high-speed railway project. Beyond creating a powerful growth engine for Northern Vietnam’s key economic region, the project represents an important step toward enhancing the nation’s long-term competitiveness.
Within the Green Energy pillar, VinEnergo announced its expansion plans across Asia and Europe, supported by a renewable energy project pipeline with a total capacity of 10 GW that has already secured development agreements. In Vietnam, the company has obtained investment registration certificates for four renewable energy projects.
Within the Social Enterprises pillar, VinUniversity became the youngest university in Vietnam to receive the FIBAA Quality Seal in March 2026. In healthcare, Vinmec inaugurated its 10th hospital, spanning over 31,000 sqm, with 114 inpatient beds and a designed capacity of 135,000 patient visits annually.
At the end of 2025, Vingroup launched its Culture pillar to preserve and promote Vietnamese cultural values and bring them to the world. In May 2026, the Group introduced V-Film, a film and television production and distribution company, with the goal of supporting the development of a professional, modern, and globally integrated Vietnamese film industry.
Looking ahead, Vingroup remains committed to accelerating its core business activities, leveraging the strengths of its diversified ecosystem, enhancing operational efficiency, and expanding its international presence. Through these efforts, the Group aims to achieve its 2026 targets while further strengthening its position as one of the region’s leading enterprises.
Hashtag: #Vingroup
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Arabian Post Staff -Dubai Doha’s 12th Islamic Finance Conference opened on Tuesday with artificial intelligence moving from a technology sidebar to the centre of debate over Shariah-compliant banking, waqf, zakat and digital markets. The one-day gathering at Al Majlis Hall in the Sheraton Grand Doha was held under the patronage of Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani, Prime Minister and Minister of Foreign Affairs, and carried […]
Arabian Post Staff -Dubai Dubizzle Group has taken a strategic stake in Tern, a UAE rental rewards platform, in a move aimed at extending its property business beyond search listings into rent payments, loyalty benefits and landlord-facing digital services. The investment, made through Dubizzle Group Ventures, will place Tern inside Bayut and dubizzle on an exclusive basis, allowing tenants to pay rent by credit card while earning […]
Nvidia has raised $25 billion through its largest bond sale, drawing a wave of investor demand that underlines Wall Street’s confidence in long-term artificial intelligence spending despite rising questions over the cost of the global data-centre buildout. The Santa Clara-based chipmaker priced the investment-grade deal on June 15 after initially targeting at least $20 billion. Orders reached about $85 billion, allowing the company to expand the transaction […]
Abu Dhabi’s AED55 billion public-private partnership programme is set to redraw the emirate’s infrastructure funding model by bringing private capital deeper into transport, water, flood protection, education, healthcare and community assets over the next two years. The pipeline, launched on May 11 by the Abu Dhabi Investment Office and the Abu Dhabi Projects and Infrastructure Centre, covers 24 projects scheduled to be brought to market during 2026 […]
Abu Dhabi sovereign investor Mubadala has acquired $200 million of Equitix’s stake in Greenlink, deepening its exposure to European energy infrastructure as power markets seek stronger cross-border capacity and more flexible grids. The transaction gives Mubadala a place alongside Equitix and Baltic Cable in Greenlink, the operator of a 504MW subsea electricity interconnector linking Great Britain and Ireland. The deal was announced on Tuesday and follows regulatory […]
