By Arun Srivastava Increased aggressiveness and confrontationist attitude of Union home minister Amit Shah —musing police and state machinery, even denying the Supreme Court’s directive to maintain restraint — to curb students’ protests, has caused immense worry in the social and political circles. Apparently, it is being perceived as a sign of the saffron ecosystem […]
By Rahil Nora Chopra The Leader of Opposition in the Lok Sabha, Rahul Gandhi, on Thursday requested President Droupadi Murmu to ask the Union Government to reconsider Dushyant Gautam’s appointment as Sikkim governor and defer his assumption of office until the CBI completes its investigation into the alleged VIP angle in the 2022 murder of […]
BMC Helix will bring enterprise technology executives, customers and industry partners together in Dubai on October 22 to examine how artificial intelligence and automation can improve IT operations and service management. The company’s annual roadshow, scheduled at the Museum of the Future, will focus on practical applications of AI-powered ServiceOps, including incident management, workflow automation and the integration of intelligent systems into existing enterprise technology environments. Senior […]
Microsoft and cybersecurity partners have disrupted a global phishing network linked to more than one billion fraudulent messages, targeting infrastructure supplied through the Chinese-language YAM Store marketplace. The operation, announced on Wednesday, involved the seizure and redirection of internet domains supporting YAM Store and two associated phishing services, CoGUI and Iron Man. Microsoft and Health-ISAC obtained an order from the United States District Court for the Southern […]
Japan and the United States have agreed on a semiconductor manufacturing project in New York that could attract up to $21 billion in Japanese investment, with GlobalFoundries selected to operate two new factories.
Japan’s foreign ministry confirmed on Thursday that the initial project would cost approximately $10 billion, with construction scheduled to begin before the end of 2026. Expansion of production facilities could eventually raise the total investment to about $21 billion, although the second factory remains conditional.
The agreement forms part of a $550 billion Japanese investment commitment negotiated with President Donald Trump’s administration in 2025, alongside a reduction in American tariffs on Japanese vehicles and other imports to 15 per cent.
GlobalFoundries said the first manufacturing plant at its existing Malta campus would begin production in 2029. An additional investment of approximately $10 billion would finance a second facility, with a decision on that expansion expected before the end of 2028.
Japan will supply the investment capital, while GlobalFoundries will provide manufacturing technology, technical expertise and operational management. The factories will be jointly owned by American and Japanese interests under an arrangement intended to expand semiconductor output without requiring the company to finance construction itself.
The first plant is expected to produce approximately 900,000 silicon wafers measuring 300 millimetres annually when fully operational. A second plant would add comparable capacity, substantially increasing the company’s manufacturing footprint in upstate New York.
GlobalFoundries estimates that the initiative will support approximately 27,000 construction and associated supply-chain jobs, alongside more than 1,000 skilled manufacturing positions in New York’s Capital Region. Those figures are projections rather than employment already created.
The US Commerce Department will separately receive an equity interest of approximately four per cent in GlobalFoundries. Chief executive Tim Breen said the transaction would raise the government’s overall holding to about seven per cent. The company is majority owned by Abu Dhabi’s Mubadala Investment Company.
GlobalFoundries shares advanced after the announcement, reflecting investor interest in an expansion model that could increase manufacturing capacity while limiting construction expenditure.
The ownership arrangements distinguish the investment from conventional private-sector semiconductor expansion. Japanese financing will underpin the factories, while the American government will gain a larger financial interest in the operator and participate in the broader manufacturing initiative.
GlobalFoundries also agreed with the Commerce Department to revise an existing award under the CHIPS and Science Act, reallocating $955 million towards investments in silicon photonics, silicon-germanium technology and advanced packaging at facilities in Malta and Burlington, Vermont.
These technologies are used in communications systems and data centres, where manufacturers are seeking faster connections and more efficient processing of large volumes of information. The separate funding revision does not represent an additional Japanese commitment to the two factories.
Japan’s foreign ministry described the New York project as the first semiconductor investment under the bilateral Strategic Investment Initiative announced in September 2025. It said the initiative was intended to strengthen supplies of mature-node chips used in automobiles, industrial machinery, smartphones and artificial intelligence data centres.
Although attention has focused heavily on advanced processors for artificial intelligence, mature-node semiconductors remain essential components in vehicles, industrial equipment and connected devices. Their availability is important to manufacturers seeking more geographically diversified supply chains.
The first facility will be built at an established semiconductor manufacturing location, allowing the investment to draw on existing industrial infrastructure and a local workforce. However, the announced timetable does not mean projected production capacity will be available immediately when operations begin.
Breen said GlobalFoundries had been chosen because large fabrication projects required manufacturing expertise and operational capabilities alongside financing. US Commerce Secretary Howard Lutnick welcomed the investment as a contribution to domestic manufacturing and employment.
The Japanese government expects the project to create commercial opportunities for its semiconductor equipment and materials suppliers. Tokyo Electron and SCREEN Holdings have expressed interest in supplying manufacturing equipment, while Tokyo Ohka Kogyo has indicated interest in materials and components.
Renesas Electronics, a major Japanese chipmaker supplying automotive and industrial customers, has expressed interest in purchasing output from the proposed facilities. Its participation could provide an important customer relationship as production plans advance.
Japan’s foreign ministry also identified smaller suppliers, including Fujikin and Kusakawa Seiki, as potential participants in the equipment and materials supply chain. Their involvement remains prospective, rather than a confirmed allocation of orders.
Norway’s $2.3 trillion sovereign wealth fund should be permitted to invest in major Western defence manufacturers currently excluded because of their involvement in nuclear weapons, a government-appointed commission recommended on Thursday. The proposal would allow the world’s largest sovereign wealth fund to acquire shares in companies including Airbus, Boeing, BAE Systems and Lockheed Martin, potentially opening the way for investments worth tens of billions of dollars. Any […]
Planned high-speed rail and road links are expected to bring the city center within 20 to 35 minutes of the 2,870-hectare ESG++ coastal urban area in Can Gio, while on-site schools, healthcare, offices and parks are designed to reduce the number of trips residents need to make.
HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 16 October 2026 – Vinhomes is developing Vinhomes Green Paradise, a 2,870-hectare ESG++ coastal urban area in Can Gio, southeastern Ho Chi Minh City, around one measure of location: the time residents spend getting where they need to go.
Vinhomes Green Paradise combines new high-speed rail and road links with a self-contained ecosystem of schools, healthcare, workplaces and green space.
The master plan rests on two pillars. First, new transport infrastructure is expected to shorten journeys to the city center: the Ben Thanh-Can Gio high-speed railway, targeted for commercial operation in the fourth quarter of 2028, is designed to link the area with downtown in about 20 minutes, while the planned Can Gio Bridge and a widened Rung Sac Boulevard are expected to cut drive times to about 35 minutes.
Second, an on-site ecosystem that includes 104 planned schools, an international general hospital, more than 2 million square meters of office space and more than 370 parks is intended to place most daily needs within reach of home.
The approach responds to a shift in how urban households assess where to live. In fast-growing cities, a home only a few kilometers from the workplace can still require hours in traffic each week. For a resident who saves 15 minutes each way, the gain is about 11 hours a month over 22 working days.
Academic research suggests these hours carry real weight. Using German household data from 1985 to 1998, University of Zurich economists Alois Stutzer and Bruno Frey identified what they termed the “commuting paradox”: people with longer commutes consistently reported lower life satisfaction, contrary to the standard assumption that they are fully compensated by higher pay or better housing. By their estimate, a person commuting one hour each way would need roughly 40% more income to be as satisfied as someone with no commute.
In Ho Chi Minh City, where rapid growth has outpaced the expansion of the road network, traffic congestion remains a significant cost to residents and the local economy. For many homebuyers, the relevant question is increasingly not how far a property is from the center, but how long it takes to get there.
Rail and road links expected to bring the city center within 20 to 35 minutes
Two major infrastructure projects are set to change how Can Gio connects with the rest of Ho Chi Minh City. The Ben Thanh-Can Gio high-speed railway is designed to reach the city’s historic center in about 20 minutes, and the Can Gio Bridge, together with an expanded Rung Sac Boulevard, is expected to bring drive times from downtown to about 35 minutes.
Can Gio, home to a UNESCO-recognized mangrove biosphere reserve, has long been reached mainly by the Binh Khanh ferry. The railway, developed by Vingroup company VinSpeed, will run about 54 kilometers with a maximum design speed of 350 km/h. Construction began in December 2025, and commercial operation is targeted for the fourth quarter of 2028. The line will connect Ben Thanh station in central Ho Chi Minh City with Vinhomes Green Paradise.
On the road network, the Can Gio Bridge, scheduled to open in 2029, will replace the Binh Khanh ferry crossing. Rung Sac Boulevard, the main artery to the area, is being widened to up to 10 lanes. Once complete, the two options are expected to give residents a choice between rail for direct trips to the center and road travel for journeys with multiple stops.
International research points to a link between transit access and property values. A study commissioned by the American Public Transportation Association (APTA) and the National Association of Realtors (NAR), which tracked five U.S. metropolitan regions from 2006 to 2011, found that homes within half a mile of high-frequency transit outperformed their wider regions by 41.6% over the period, which included the Great Recession. A 2019 follow-up study found that homes near transit sold at median prices 4% to 24% higher than those farther away.
On-site services designed to reduce the number of daily trips
Beyond the commute, Vinhomes Green Paradise is planned to bring education, healthcare, work, retail and recreation inside the community, so that school runs, medical visits, shopping and exercise require shorter trips or none at all. Key components include 104 planned schools, Vinmec Can Gio International General Hospital, more than 2 million square meters of office space and more than 370 parks and green areas.
Education: The master plan provides for 104 schools, including the Vinschool K-12 system and Brighton College Vietnam, reducing the need for long school runs across the city.
Healthcare:Vinmec Can Gio International General Hospital is being developed with Cleveland Clinic as strategic advisor and is designed around the Cleveland Clinic model of care, offering residents access to international-standard treatment close to home.
Work:More than 2 million square meters of office space is intended to allow residents to work near where they live, as financial and technology businesses establish a presence in the area.
Retail and leisure:Planned amenities include Vincom shopping centers, a 20-hectare premium outlet, the 46-hectare Cosmo Bay dining and entertainment complex, two golf courses covering 155 hectares, the 122-hectare VinWonders theme park and Song Xanh Theater.
Green space:More than 370 parks and green areas are planned to place open space within 500 meters of every residence, linked by walking paths and bicycle lanes. The Trust for Public Land estimates, conservatively, that buyers pay 5% to 15% more for homes within three blocks of a well-maintained park.
The project draws on planning principles that cities such as Copenhagen and Singapore have applied for years: development organized around public transit, mixed land use and walkable neighborhoods. At Vinhomes Green Paradise, high-speed rail, education, healthcare, offices and recreation are being planned together from the outset rather than added incrementally, with the aim of measuring a home’s location by the time it returns to residents. Hashtag: #Vinhomes
The issuer is solely responsible for the content of this announcement.
About Vinhomes
Vinhomes is Vietnam’s largest residential real estate and integrated township developer. The company pioneers the development of synchronized, modern large-scale townships, delivering premium living standards and unlocking sustainable investment opportunities for domestic and international clients.
Arabian Post Staff -Dubai Oil prices slipped on Friday as traders assessed possible US sanctions relief for oil tankers against continuing threats to Middle East supplies. Brent crude futures fell 41 cents, or 0.39%, to $105.51 a barrel by 0012 GMT. US West Texas Intermediate futures declined 54 cents, or 0.55%, to $97.43, reversing part of Thursday’s advance. The decline followed a mixed session in which WTI […]
A claim that a magnitude 6.9 earthquake has struck Japan on Friday, 16 October, remains unverified, with available official seismic records providing no confirmation of a new tremor of that strength. Japan’s earthquake monitoring authorities have recorded seismic activity across the country, but the latest accessible observations do not establish the location, timing or magnitude of the earthquake described in the circulating alert. The National Research Institute […]
KYOTO, JAPAN – Media OutReach Newswire – 16 October 2026 – Q-Games has announced that it will publish Beyond the Dark: Nightwatch, the upcoming horror game from French developer Atlantis Studio, across Asia, and has released a new trailer. It is a two-player asymmetric co-op horror game built around tension, communication, observation and trust.
Players must combine information from their individual perspectives as they work together to escape a haunted house far from civilization. Communication is essential for survival. By sharing information and coordinating their actions, players must overcome the horrors that await them and find a way out. The game also features Troy Baker, the renowned voice actor known for his roles in The Last of Us and Death Stranding. The Nintendo Store page for Asia is scheduled to go live on Thursday, October 22, with the game launching on Nintendo Switch 2 the same day.
ABOUT THE GAME Beyond the Dark: Nightwatch is a two-player horror experience. One player, the Explorer, enters the House in first person, searching for clues, solving mysteries and trying to escape before Gloam finds them. The other, the Overseer, stays behind the cameras, using surveillance systems, documents, and tactical tools to track what is happening and guide their partner.
The game supports couch co-op, GameShare, Local Network, and Online Play. Using GameShare, two players can play together even if the other console is either a Nintendo Switch 2 or a Nintendo Switch.
GAME FEATURES
A Two-Player Horror Experience: Built exclusively for two players, communication is essential for survival.
Asymmetric Exploration: Combine different perspectives to uncover the House’s secrets and stay alive.
An Oppressive Environment: Explore a claustrophobic house filled with hidden threats.
Communication Drives Escape: Share clear instructions, warn your partner of danger and coordinate actions to escape.
GameShare and Co-op: Play together via local co-op, GameShare, Local Network or online play.
BASIC INFORMATION Title: Beyond the Dark: Nightwatch Developer: Atlantis Studio Publisher: Q-Games Genre: Horror / Asymmetric Co-op Mode: 2 Player (Local Co-op, Couch Co-op, GameShare, Local Network, Online Play) Platforms: Nintendo Switch 2 Price: HKD 138 / TWD 490 / JPY 2,480 / KRW 24,000 / MYR 59 / SGD 21.99 / THB 450 / PHP 799 Discord PressKit
Google has demonstrated a quantum computing technique that reduces errors approximately 40-fold, marking a significant advance towards building powerful, reliable quantum computers capable of performing complex calculations. The breakthrough, announced on Thursday by Google’s Quantum AI research team, involves a technique called magic state cultivation, tested on the company’s Willow quantum processor. Findings published in the scientific journal Science show that the approach achieved 99.99% logical fidelity […]
SINGAPORE – Media OutReach Newswire – 15 October 2026 – Held on 11 October 2026 at Shangri-La Rasa Sentosa in Singapore, AIMCONNECT 2026 gathered industry leaders from 11 countries under the theme “Where Mobility Meets the Future.” Organised by X Star Technology and Aimotion, the event welcomed representatives from more than 100 automotive organisations, over 60 financial institutions and around 20 technology companies to explore how collaboration across industries can create a more connected mobility ecosystem.
The event was opened by Tin Pei Ling, Member of Parliament, and Dato’ Tony Khor Chong Boon, President of the Federation of Motor and Credit Companies Associations of Malaysia (FMCCAM). Through keynote presentations, panel discussions and live technology demonstrations, participants examined how AI-driven solutions can improve customer experiences while ensuring transparency, security and responsible decision-making.
AIMCONNECT 2026 Highlights the Shift Towards Connected Mobility
During the keynote address, “The Next Mobility Economy: Intelligence, Connection, Trust,” X Star Technology CEO Shawn Yang highlighted the growing gap between consumers’ digital engagement and completed automotive transactions.
Shawn Yang noted that consumers increasingly begin their vehicle purchase journey online, with research showing strong demand for AI-supported decision-making. According to figures shared during the keynote, 90% of car buyers conduct online research before visiting dealerships, 63% expect to use AI during their next vehicle purchase and 67% believe AI will influence their financing decisions.
However, the automotive journey remains fragmented. Customers often move between dealerships, financing providers and multiple systems, creating unnecessary friction during purchasing and ownership processes.
“Customers are not lost in one stage; they are lost to the friction between them,” Yang said. Yang said. The CEO explained that the next stage of mobility innovation requires closer cooperation between automotive companies, financial institutions and technology providers. Rather than improving isolated parts of the journey, the industry must create connected experiences that allow information, decisions and services to move more efficiently between stakeholders.
During AIMCONNECT 2026, technology demonstrations showcased emerging solutions designed to address these challenges. X Star Technology presented its Xport platform, demonstrating one-click lead-to-loan matching and real-time approval capabilities. Aimotion, MStar, AI Wingman and MK.X also introduced their latest innovations, highlighting the potential of AI-enabled tools across the automotive value chain.
Building Trust as AI Takes a Greater Role in Decision-Making
A key theme throughout AIMCONNECT 2026 was the importance of trust as artificial intelligence becomes increasingly involved in customer-facing processes.
While AI can improve speed and efficiency, industry leaders emphasised that technology must operate within clear boundaries. Decisions involving financing, customer eligibility and financial commitments require transparency, human oversight and accountability.
Yang introduced X Star Technology’s proprietary Harness framework, which combines AI operating boundaries, human supervision and traceable data management. The framework is designed to ensure that AI systems operate within authorised parameters while allowing complex cases to be escalated for human review.
“In auto finance, a single flawed decision risks customer harm and regulatory non-compliance. For AI to operate across the customer journey with true autonomy, trust cannot be an afterthought; it must be engineered into the architecture from day one,” Yang said.
The discussions also highlighted the importance of balancing personalisation with privacy. While consumers increasingly expect services tailored to their needs, excessive automation or unnecessary intervention may reduce trust. Effective AI solutions must therefore combine intelligence with appropriate restraint.
Strengthening Connections Across the Auto Finance Ecosystem
Another major discussion at AIMCONNECT 2026 focused on how stronger collaboration between automotive companies, financial institutions and technology providers can create a more efficient and trusted financing experience.
During the panel discussion “Building a Connected Auto Finance Ecosystem,” moderated by MStar CEO Zhang Peng, industry representatives explored the role of data connectivity, cybersecurity and responsible technology adoption in shaping the future of automotive finance.
Speakers from Deloitte, Deutsche Bank, The CEO Circle and JWT Bespoke examined how financial institutions and mobility businesses can use technology to improve decision-making while maintaining customer confidence.
“Better data infrastructure and connectivity can help the industry make more informed financing decisions, but technology must go hand in hand with trust,” Zhang said.
The discussion emphasised that connectivity is not simply about collecting more data. A truly integrated ecosystem requires organisations to establish clear principles for how information is shared, protected and used. Customers must also understand what information they provide and how it contributes to a better service experience.
Matthew Duncan, Director and CEO of JWT Bespoke, highlighted the importance of balancing innovation with consumer protection, drawing from Australia’s experience in automotive and financial regulation.
“Regulation works best when it protects customers and still gives the industry room to improve how people buy and finance their cars,” Duncan said.
Exploring the Future of Vehicle Ownership
Beyond financing and transactions, AIMCONNECT 2026 also examined a broader question facing the mobility industry: how will consumers define vehicle ownership in the future?
The rise of leasing, subscription services, car-sharing and ride-hailing has expanded consumer choices, creating new possibilities beyond traditional ownership models.
During the panel “The Future of Owning a Car,” moderated by Shawn Yang, industry leaders discussed how changing consumer expectations may influence future mobility behaviour.
An audience poll showed a closely divided perspective. While 54% of participants believed flexible mobility solutions could become the preferred choice within the next decade, 46% expected vehicle ownership to remain the dominant preference.
The result reflected the complexity of future mobility trends. Rather than replacing ownership completely, emerging mobility models may provide consumers with more options depending on their lifestyle, financial situation and travel needs.
James Ng, Managing Director of BYD Singapore and President of BYD Philippines, shared insights into BYD’s technology development journey.
“BYD’s first phase was electrification, delivering performance. The second phase is intelligence, using AI to enhance the customer experience. The third phase will focus on integration,” Ng said.
Xiao Ting, CEO of MK.X, noted that increasingly capable AI assistants could change how consumers approach mobility decisions.
“The decision may increasingly be less about owning a car and more about finding the right mobility solution for each journey,” noted the CEO.
Ng also highlighted the broader applications of BYD’s technology beyond vehicles, including Battery Energy Storage Systems (BESS) and renewable energy solutions that contribute to a wider technology ecosystem.
These developments suggest that the future mobility landscape will involve not only automakers, but also dealers, financial institutions and technology platforms adapting their services to meet changing consumer expectations.
AI Is Expanding the Vehicle Experience Beyond the Point of Sale
The role of artificial intelligence throughout the vehicle ownership lifecycle was another key focus at AIMCONNECT 2026.
During the panel “How Is AI Reshaping Mobility?” moderated by X Star Chief Technology Officer Michael Jia, industry experts discussed how AI can support consumers beyond vehicle selection and purchase.
Panel participants included Carson Zhang of Aimotion, Connor Liu of Google Cloud, Dr Harold Teng of MK.X Technology and Bryan Tan of Carro.
When delegates were asked where AI would create the greatest impact, personalised ownership services ranked ahead of vehicle selection, automotive financing and in-car intelligence. The results suggested that industry participants see significant opportunities in improving the ownership experience after purchase.
Bryan Tan, Chief Scientist at Carro Group and CEO of Carro Indonesia, explained that vehicle value assessment is becoming increasingly influenced by new data sources. For electric vehicles, factors such as battery condition and charging history are becoming important considerations alongside traditional indicators such as mileage.
Tan also noted that markets such as Singapore have unique considerations, including the impact of the Certificate of Entitlement (COE) system on vehicle value.
These examples demonstrate how advances in automotive technology are influencing areas beyond driving performance, extending into finance, resale value and long-term ownership decisions.
However, industry leaders agreed that AI adoption must remain focused on practical benefits.
“The focus must remain on delivering practical benefits, enhancing safety and making mobility more intuitive for consumers,” Dr Teng said.
Collaboration Will Define the Next Stage of Mobility Innovation
Across the discussions at AIMCONNECT 2026, one common message emerged: the future of mobility will be shaped by collaboration.
Automotive manufacturers and dealers must better understand customer needs and reduce unnecessary friction throughout the ownership journey. Financial institutions must improve efficiency while maintaining responsible lending practices. Technology providers must develop solutions that meet operational, regulatory and customer expectations.
For policymakers and industry stakeholders, the challenge will be encouraging innovation while maintaining public confidence.
“No single company can transform the entire mobility journey on its own,” Xiao Ting said.
Zhang highlighted that the success of future mobility solutions should be measured not only by speed and efficiency, but also by how effectively the industry works together to serve customers.
“Progress should be measured not only by how quickly a loan can be approved, but by how well the industry works together to serve the customer,” Zhang said.
AIMCONNECT 2026 demonstrated that artificial intelligence will play an increasingly important role in mobility, but technology alone will not define the future. The next phase of automotive transformation will depend on building systems that are intelligent, transparent and connected — supported by stronger partnerships across the mobility ecosystem.
Hashtag: #XStar
The issuer is solely responsible for the content of this announcement.
About AIMCONNECT 2026
AIMCONNECT 2026 brings together automotive leaders, dealers, original equipment manufacturers (OEMs), financial institutions, technology innovators and industry decision-makers to explore the future of automotive commerce and mobility.
Through industry dialogue, thought leadership sessions and live technology demonstrations, AIMCONNECT provides a platform for stakeholders to exchange insights and collaborate on the next generation of connected mobility solutions.
Australia has unveiled draft legislation requiring cryptocurrency platforms to report transactions involving Australian residents to tax authorities from July 2027, alongside measures enabling international exchanges of financial information. The Treasury released the proposed legislation on October 15, opening public consultation until October 28. The measures would introduce the Organisation for Economic Co-operation and Development’s Crypto-Asset Reporting Framework into Australian law and establish domestic reporting requirements for digital […]
Binance said on Thursday that its bStocks tokenised securities had exceeded $1 billion in assets under management, four months after their launch, marking a significant expansion of blockchain-based trading in US equities. The cryptocurrency exchange said the milestone was reached on October 15, citing blockchain data compiled by Dune Research. Binance described bStocks as the fastest tokenised equity product to achieve that threshold, although the comparative ranking […]
HANOI, VIETNAM – Media OutReach Newswire – 15 October 2026 – Vingroup officially announces the establishment of VERTA International School, a new K-12 educational model built on a U.S.-oriented educational approach and designed for a generation growing up in an age when artificial intelligence is transforming how we learn, work and create. Guided by the philosophy Learn. Make. Matter., VERTA aims to develop students with strong academic foundations, independent thinking, and the ability to harness AI and technology to expand what they can do, solve problems and create value for others.
VERTA is a K-12 school system for Vietnamese and international students, located at 148 Giang Vo, Hanoi, and is scheduled to open in August 2027. The school will have a maximum capacity of approximately 800–1,000 students. Admissions for its first academic year will begin in October 2026, welcoming approximately 400 students from Grades 1 to 11.
As a new education brand developed by Vingroup alongside Vinschool, Brighton College Vietnam, Vin Nexus Center and VinUniversity, VERTA aims to nurture a generation growing up in the age of AI with the depth of knowledge, independent thinking, and strength of character to shape their own futures and create meaningful value.
VERTA’s educational philosophy is built around three guiding principles: Learn. Make. Matter.
LEARN – Build knowledge to think independently. Students develop strong academic foundations while being encouraged to take initiative, explore and learn through experience. The VERTA curriculum provides depth in mathematics, science, languages, social studies and the arts. In the upper grades, it expands to include AI and Advanced Computing, Engineering, Biomedical Science, Entrepreneurship and Advanced Placement (AP) courses. Learning is also designed to be interdisciplinary, enabling students to connect knowledge across different fields, consider problems from multiple perspectives and draw on what they have learned to address them with increasing independence and ownership.
MAKE – Turn understanding into capability. Students apply what they learn to create tangible outcomes that can be tested, challenged and improved.They learn to move from questions to ideas, from ideas to design, and then through a process of building, testing, receiving feedback and refinement. VERTA aims to develop not only students’ ability to create, but more importantly the thinking that enables them to create purposeful solutions and products.
MATTER – Apply capability to create value. Students are encouraged to use their knowledge and capabilities to address meaningful problems and create value by connecting learning with the real world.This includes bringing real-world problems, authentic data, experts, and people who can use or critically evaluate students’ work into the learning experience.Vingroup’s wider ecosystem – spanning higher education, research, healthcare, technology, industry, green mobility and urban development – provides distinctive opportunities to connect learning at school with the world beyond the classroom.
Ms. Phan Ha Thuy, Chairwoman of VS Company, the Vingroup entity developing the VERTA Education System, said: “VERTA aims to equip students with the strong academic foundations needed to pursue demanding university pathways, while developing their ability to conduct research, reason, design and turn ideas into tangible outcomes; use AI and technology to extend their thinking; and tackle problems without predefined solutions. More importantly, by the time students leave VERTA, they should be able to learn new things independently, form their own judgments and take responsibility for their decisions.”
VERTA’s program will be taught in English, following a U.S.-oriented educational approach. In the early years, teachers will take a more active role in building students’ knowledge, learning habits and approaches to learning. As students mature and develop stronger foundations, they will gradually take greater ownership of their learning, exploring their strengths, selecting advanced courses, identifying questions they want to investigate and pursuing longer-term projects.
The school will be led by Dr. Tarek Razik, an international educator with more than 35 years of experience, who previously led Jakarta Intercultural School and the International School of Beijing. VERTA’s international teaching team will be selected based on professional qualifications and experience aligned with the school’s educational program.
With its emphasis on academic depth, AI and technology, and the ability to apply knowledge in real-world contexts, VERTA offers a new educational option for Vietnamese students and families, while providing a learning environment built on a U.S.-oriented educational approach for international families living in Hanoi and surrounding areas.
ADMISSIONS INFORMATION
Parents can learn more and register for admissions at https://admissions.verta.edu.vn/or contact the VERTA Admissions Team via hotline 1800 9499.
Hashtag: #Vingroup
The issuer is solely responsible for the content of this announcement.
US cybersecurity shares have surrendered part of September’s gains as investors weigh growing demand for artificial intelligence protection against the possibility that AI developers could become competitors to established security companies. Shares in leading vendors fell on Wednesday, 14 October, amid speculation that OpenAI was exploring an acquisition of security specialist Trail of Bits. No transaction had been announced, and the possibility of a deal did not […]
By Dr. Gyan Pathak Prime Minister Narendra Modi’s government has appointed four new governors on October 12, but serious controversies have instantly erupted on two of them – Governor for Odisha Braj Mohan Ram and Governor for Sikkim Dushyant Gautam. Governor of Odisha has betrayed the political motif of the Modi government, while mother and […]
By Bhasha Singh The clouds of unrest are once again gathering over the Gulf region. This time, the epicentre is Yemen’s internal power struggle, which has spilled over into Saudi Arabia, claiming several lives, including that of an Indian national. The Houthi rebels’ attacks on Saudi airports have prompted retaliatory strikes by the Saudi-led coalition […]
Asia-Pacific economic growth is expected to slow over the next two years despite a powerful boost from artificial intelligence investment, the International Monetary Fund warned on Thursday.
The IMF forecast regional expansion of 4.8 per cent in 2026, compared with 5 per cent last year, followed by a further slowdown to 4.4 per cent in 2027. Its latest estimate for this year nevertheless represents a substantial upgrade from the 4.4 per cent projected in April.
The revised outlook reflects sharply contrasting pressures across Asia. Demand for semiconductors, data centres and other technology equipment has strengthened exports and investment, while higher energy costs linked to the Middle East conflict have squeezed economies dependent on imported fuel.
The fund warned that a reversal in AI investment or technology share valuations could undermine growth disproportionately because Asian manufacturers occupy central positions in global electronics supply chains. Higher sovereign borrowing costs and prolonged disruption to energy supplies present additional threats.
Emerging and developing Asian economies are projected to grow 5.1 per cent this year, down from 5.6 per cent in 2025, before slowing to 4.9 per cent next year. Advanced regional economies are expected to expand 3.2 per cent in 2026, compared with 2.5 per cent last year, then moderate to 2 per cent in 2027.
The IMF upgraded forecasts for South Korea, Taiwan and Hong Kong, where demand linked to AI infrastructure has lifted manufacturing and exports. China and India also received upward revisions, although countries facing higher inflation without equivalent technology gains have experienced weaker growth projections.
Krishna Srinivasan, director of the IMF’s Asia and Pacific Department, said at the fund’s annual meetings in Bangkok that technology exports had accelerated sharply during the first half of 2026. Demand for chips and investment in data centres were important contributors, alongside stronger trade within the region.
He said economies had responded to energy disruptions by diversifying fuel suppliers, reducing consumption, increasing alternative energy use and drawing down inventories. Governments had also introduced measures intended to contain inflation, protect incomes and prevent supply shortages.
Those adjustments have not eliminated the unequal effects of the energy shock. Bangladesh, Cambodia and Laos are among the fuel-importing economies with limited direct exposure to the AI investment boom and comparatively restricted financial resources to absorb further pressure.
The IMF urged monetary authorities to maintain price stability as expensive energy threatens to push inflation expectations higher. It cautioned that central banks could face difficult decisions if weaker growth coincides with persistent price pressures, particularly where currencies and capital flows respond to changes in global interest rates.
Fiscal policy should focus on vulnerable households and businesses rather than costly blanket subsidies, the fund indicated. Elevated public debt and higher bond yields reduce governments’ ability to sustain broad support programmes without increasing financial risks.
The regional assessment comes as investors reassess the durability of spending on AI infrastructure. Asian technology shares suffered steep losses on Thursday, with South Korea’s benchmark stock index falling nearly 8 per cent and Japan’s Nikkei dropping about 5 per cent amid concerns over US inflation and borrowing costs.
The fund also identified concentrated stock market valuations and increased investor leverage as potential sources of instability. A sharp repricing could affect financing conditions and confidence even in economies where orders for technology products remain comparatively strong.
Separately, the IMF expects China’s growth to slow from 5 per cent in 2025 to 4.5 per cent this year and 4 per cent in 2027. It has called for stronger domestic demand and fiscal measures to counter deflationary pressures, rather than continued reliance on external sales.
Beyond financial markets, the fund highlighted employment challenges associated with technological change. Srinivasan said its research found employer demand for jobs more exposed to AI had declined by 10 per cent, although that effect appeared to have stabilised as employers sought workers with relevant skills.
The IMF recommended addressing youth unemployment and skills mismatches, strengthening social protection and improving energy security through diversification and renewable supplies. It also supported deeper regional trade integration as governments seek to preserve access to markets despite tariff barriers.
The regional outlook additionally identified a severe El Niño episode as a potential disruption to agriculture, fisheries and hydropower generation, with possible consequences for food and electricity prices across vulnerable economies, particularly in countries heavily reliant on imported energy.
Copper prices fell for a third consecutive session on Thursday as stronger-than-expected US inflation intensified expectations of further Federal Reserve interest rate increases, triggering selling across industrial metals. The decline followed Wednesday’s consumer price report, which showed inflation accelerating in September and reinforced concerns that borrowing costs could remain elevated. A stronger dollar and rising US Treasury yields added pressure to commodities priced in the American currency. […]
When Abbie Dibbert and Francoise Albrando took over the day-to-day running of Stay® Property Management, the region was in the middle of a conflict. They chose to keep building. “We saw an opportunity to grow, to expand, and to believe even harder in the UAE and its ability to rise within the chaos,” the directors explain. Over the six months following their March takeover, the live portfolio […]
Artificial intelligence played a role in 84% of ransomware attacks experienced by surveyed organisations, while 87% reported attacks targeting identity infrastructure, according to a global cybersecurity study published on Wednesday. The 2026 Ransomware Risk Report, released by cybersecurity company Semperis, surveyed 1,200 IT and security professionals across nine countries and eight industry sectors, exposing significant weaknesses in corporate identity protection and recovery capabilities. The findings indicate that […]
Google has made its new frontier artificial intelligence model, Gemini 4 Argon, available through Google AI Studio, expanding developers’ access to advanced reasoning, software engineering and autonomous task execution capabilities. The global rollout, announced on October 13, extends access to developers and enterprises through the Gemini API, with the company positioning Argon as its most capable model for complex professional and scientific workloads. Google said the model […]
Artificial intelligence agents are being deployed to challenge investment proposals at an Abu Dhabi sovereign wealth fund, while businesses are extending the technology into procurement processes under human supervision, executives told Sharjah Investment Forum 2026. Maria Sanchez, senior vice-president of AI product delivery at G42’s Inception, disclosed the investment application during a panel on Wednesday, describing a system that examines proposed deals and produces arguments against proceeding […]
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