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VinFast officially signs agreements with 12 new dealers in the US


LOS ANGELES, US – Media OutReach Newswire – 23 April 2024 – VinFast Auto (Nasdaq: VFS) today announced it officially signed agreements with 12 new dealers in the US. This expansion marks a significant step in VinFast’s ongoing efforts to broaden its distribution network and strengthen its presence in the world’s leading automotive market.

VF 8

The 12 new VinFast dealership stores are anticipated to begin opening from April 2024. This will bring the total number of VinFast dealers in the US to 18, spanning across seven states: North Carolina, New York, Texas, Florida, Kansas, Connecticut, and Kentucky. California, the state with the highest EV adoption rate in the US, already boasts 15 operational VinFast stores and service centers.

The new dealerships will start selling the VF 8 model, followed by the VF 9 and VF 7 soon after their US launch. VinFast’s customers will enjoy a market-leading after-sales policy, including a 10-year/125,000-mile warranty for the vehicle and a 10-year unlimited mileage warranty for the battery under standard use.

Furthermore, VinFast’s parts distribution center stands ready to support dealers nationwide to guarantee consistent quality of maintenance and repair for our customers. Authorized dealers simply submit requests to a dedicated system, and such requests are processed and delivered regularly.

Mr. David Duncan, Vice President of Sales and Marketing at VinFast US, said: “Leveraging the network of stores, market experience, and capabilities of leading US dealers, VinFast will quickly deliver high-quality, competitively priced electric vehicles to consumers, along with outstanding after-sales policies. This establishes a solid foundation for VinFast’s strong growth in the US market.”

In the fourth quarter of 2023, VinFast made an important pivot from the capital-heavy, direct-to-consumer distribution model to a capital-light hybrid model with a strong focus on leveraging existing distribution infrastructure by building dealership networks in the U.S. and globally. Sales through dealers are expected to contribute significantly to the company’s sales in the second half of 2024.

In addition to key markets such as the U.S., Canada, and Europe, VinFast is actively expanding into countries in Asia such as India, Indonesia, Thailand, and the Philippines, as well as in the Middle East and Africa. Outside of Vietnam, VinFast is also aiming to accelerate the construction of EV manufacturing plants in the U.S. and India, with plans to establish an additional plant in Indonesia.

VinFast US dealer network (New dealers in bold):

  1. Leith VinFast, Raleigh, NC
  2. Smith Haven VinFast, St. James, NY
  3. Principle VinFast, Grapevine, TX
  4. Hiley VinFast of Fort Worth, TX
  5. VinFast Wichita, KS
  6. Holman VinFast, Ft. Lauderdale, FL
  7. Premier VinFast, Banford, CT
  8. H Greg VinFast, West Palm Beach, FL
  9. Triad VinFast, Greensboro, NC
  10. H Greg VinFast, Doral, FL
  11. Sandy Sansing VinFast, Pensacola, FL
  12. VinFast Austin, TX
  13. VinFast Gainesville, FL
  14. Ewing VinFast of Plano, TX
  15. VinFast of Bowling Green, KY
  16. Hanna VinFast of Bradenton, FL
  17. DeMontrond VinFast, Conroe, TX
  18. DeMontrond VinFast North, Houston, TX

Hashtag: #VinFast

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

About VinFast

VinFast – a member of Vingroup – envisioned to drive the movement of the global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with scalability that boasts up to 90% automation in Hai Phong, Vietnam.

Strongly committed to the mission for a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet. Learn more at:

Italian Trade Agency unveils The Italian Taste Lab at FHA-F&B

Italy: the largest European representation at FHA-F&B 2024 with 58 Italian exhibitors


SINGAPORE – Media OutReach Newswire – 23 April 2024 – At the opening of FHA-Food & Beverage 2024, Southeast Asia’s largest trade show for F&B professionals, the Italian Trade Agency Singapore is proud to unveil the Italian Taste Lab at its official pavilion, during the Italian press conference.

The Italian Taste Lab at FHA-Food & Beverage 2024
The Italian Taste Lab at FHA-Food & Beverage 2024

Featuring addresses by Dante Brandi, Ambassador of Italy to Singapore and Brunei, and Giorgio Calveri, Italian Trade Commissioner for Singapore and the Philippines, “Navigating the Future of Food” took place on the 23rd of April at 11:30 AM. The press conference seeks to highlight more Italian trade names and businesses in observance of the steady rise in demand and popularity of Italian food in Singapore and worldwide.

Dante Brandi, Ambassador of Italy to Singapore and Brunei, says, “As one of the main exhibiting countries with 58 companies showcasing their products, the Italian presence at FHA is also enriched by masterclasses and live culinary demonstrations aimed at celebrating the best products coming out of Italy. A richness in variety and in quality, which is the reason why Italian cuisine has been nominated for inclusion on the UNESCO Intangible Cultural Heritage of Humanity list. The numbers we have seen from our industry partners justifies our position as a gastronomy powerhouse, not only as a cuisine but as an industry attentive to issues like sustainability, health, and circularity.

We have been warmly welcomed by both Singaporeans and the government, with the government having just approved training by At-Sunrice GlobalChef Academy on Italian private dining in collaboration with the Italian Embassy. With their continued support we can look forward to expanding the Italian culinary and gastronomic footprint not only in Singapore but in the Asiatic region as well”.

As of January 2024, Italian food exports to Singapore have shown steady growth, driven by increasing demand for authentic Italian products in the local market. On its end, Italy has been exporting a wide range of food products to Singapore consistently, including pasta, olive oil, wine, cheese, cured meats, and specialty sauces. The demand is driven by the high-quality perception of Italian food products, recognised for their authenticity, craftsmanship, and gastronomic excellence. Further spurring growth is Singapore’s growing interest in specialty and niche Italian food products, marked by the evolving tastes and preferences of Singaporean consumers for products that are organic, artisanal, and region-specific.

Giorgio Calveri, Italian Trade Commissioner for Singapore and the Philippines, says, “There is an undeniable growing appetite for Italian cuisine among Singaporean consumers driven by the premiumisation trend that sees a steady demand for niche and premium Italian products. Singaporeans, as discerning foodies, also appreciate authenticity in goods and produce from restaurants and stores, driving demand for items with clear provenance. We are proud to be able to offer more to this conversation and growth. With our participation at FHA, we hope to be able to share more of our food culture that we are incredibly proud of with trade professionals and consumers here in Singapore.”

What to Expect at the Italian Trade Agency Pavilion

Conducted in collaboration with the Italian Ministry of Foreign Affairs and International Cooperation, the Italian Trade Agency Pavilion will serve as a platform for promoting Italian cuisine and food products at FHA-Food & Beverage 2024.

Showcasing their respective products at FHA-F&B 2024 alongside the Italian Trade Agency Pavilion will be 58 Italian exhibitors, the largest European representation at FHA-F&B 2024. The best of all things Made in Italy will be on show among the traders, ranging from pasta, cold cuts, cheese, olive oil, truffles, wines, and more.

Also making their appearance at FHA-F&B 2024, is Italian tradeshow organizer, Fiere di Parma, with a dedicated counter to promote the renowned Italian trade fairs CIBUS and Tuttofood Milano held respectively in Parma and Milan.

Beyond fine products, produce, and ingredients, miss not the Italian Taste Lab, an incubator platform that showcases Italian recipes and the best ways to maximise the flavours of Italian food. The Lab features 21 live cooking demonstrations hosted by a powerful line-up of 11 famed Italian chefs residing in Singapore, including 2 MICHELIN-starred chefs. The demonstrations will be inaugurated by Tiziana Stefanelli, winner of MasterChef Italy 2nd edition. Three masterclasses on homemade pasta, gelato, and pizza will also occur at the Italian Taste Lab.

Ingredients of the highest quality from the Italian regions will be featured during the live cooking demonstrations, with products provided by 9 Italian companies who will also be exhibiting their products at FHA-F&B 2024.

I am absolutely thrilled to participate in this captivating occasion, celebrating the pinnacle of Italian cuisine. It’s a joy to connect with the remarkable chefs showcasing their talents in the cooking demonstrations. My aim is to convey to the audience and potential partners my deep passion for Italian cuisine and its rich culinary heritage,” states Chef Tiziana Stefannelli, the winner of MasterChef Italy 2nd edition.

Also on the itinerary is a 30-minute seminar on the “Circular Economy in the Coffee Sector: Minimizing Environmental Impact and Reducing Waste – The Italian Case” that will dissect and discuss the many exciting and surfacing Italian food trends in the industry. This seminar is organized by the Embassy of Italy in Singapore featuring 2 speakers, Luca Ferraris, Managing Director of SACMI Singapore Pte Ltd, and Gianluca Anguzza, Founder & CEO of New Value Group, and will take place on the 25th of April at 11:00 AM in the Sustainable Food Future Seminar Theatre at Hall 7.

For the press kit, refer to: https://bit.ly/ITAatFHA2024

Annex A: The Italian Taste LAB’s cooking sessions

Day Time Chef Restaurant Dish / Activity Italian Exhibitor
23 April 10:00 – 11:00am Tiziana Stefanelli

IG @tizianastefanelli

Welcome Drink
12:00 – 12:45pm Tiziana Stefanelli

IG @tizianastefanelli

Risotto alla Milanese with Grana Padano Caseificio Ghidetti S.r.l
1:00 – 1:45 pm Mirko Febbrile

IG @iammirkofebbrile

FB @mirko.febbrile

FICO MASSERIA

IG @ficomasseria

FB @ficomasseria

Olive Leaf Pasta with Clams and

Cannellini Beans

Oleificio Agnellaro di Terrasi Rosa
2:00 – 2:45 pm Stefano Sanna

IG @sannaste87

ALLORA

IG @cpchangiairport

FB @cpchangi

Ravioli filled with Codfish mantecato and mascarpone, buttery lemon bisque, parsley, dill
3:00 – 3:45 pm Stefano Sanna

IG @sannaste87

ALLORA

IG @cpchangiairport

FB @cpchangi

AlloraMisú, with Coffee, Lady Finger Biscuits,

mascarpone foam, cocoa powder,

chocolate chips

4:00 – 5:00 pm Daniele Sperindio

IG @chefdanielesperindio

FB @daniele.sperindio

ART by Daniele Sperindio

(1 Michelin Star &

3 Forks Gambero Rosso)

IG @artdidaniele

FB @artdidaniele

Grigliata Estiva

BBQ Watermelon, Oregano Caviar,

Octo-tomato, Green Almond

24 April 10:30 – 11:15 am Tiziana Stefanelli

IG @tizianastefanelli

Pesto pasta De Matteis Agroalimentare S.p.a
11:30 am –

12:15 pm

Simone Fraternali

IG @chef.simone.sg

FB @simone.fraternali1

SOLO

IG @soloristorante

FB @SoloRistoranteSG

Wild garlic risotto with balsamic

pork collar, raisin and spiced almonds

12:30 – 1:15 pm Tiziana Stefanelli

IG @tizianastefanelli

Aglio&Olio spinach linguine with black olives Olea Experience S.r.l
1:30 – 2:15 pm Antonio Corsaro

IG @antonio_corsaro

FB @antcorsaro

FIAMMA

IG @fiamma.singapore

FB @fiamma.singapore

Gamberoni di mazzara del vallo

asparagi, Burrata, Kumquat

2:30 – 3:15 pm Matteo Ponti

IG @chefmatteo_p

BRACI

(1 Michelin Star)

IG @braci.sg

FB @braci.sg

Canederli in camicia

Stuffed morel mushrooms,

buckwheat tea, pickled myoga

3:30 – 4:15 pm Tiziana Stefanelli

IG @tizianastefanelli

Risotto with Grana Padano cheese, balsamic vinegar and Hazelnuts Consorzio Tutela Grana Padano
4:30 – 5:15 pm Tiziana Stefanelli

IG @tizianastefanelli

Norma Pasta with fried eggplants, tomato sauce and cheese De Matteis Agroalimentare S.p.a
25 April 10:15 – 11:15 am Giovanni Minarelli

——-

LIMONCELLO

IG @limoncello_pizza_grill

FB @limoncellopizzagrill

Portobello mushrooms with Grana Padano Sauce
11:30 am – 12:15 pm Jaja

——-

DUOMO

IG @duomoristorantesg

FB Duomo Ristorante

Pappardelle Angus beef check sauce with Sangiovese & Rosemary
12:30 – 1.15 pm Antonio Miscellaneo

——-

LA BOTTEGA

IG @labottegasg

IG @casavostrasg

Masterclass Homemade Pasta: Gramigna with Salsiccia Sauce and Trofie with Pesto Sauce
1:30 – 2:15 pm Antonio Miscellaneo

——-

LA BOTTEGA

IG @labottegasg

IG @casavostrasg

Masterclass Gelato: Fiordilatte Gelato- Strawberry Sorbet
2:30 – 3:15 pm Antonio Miscellaneo

——-

LA BOTTEGA

IG @labottegasg

IG @casavostrasg

Masterclass Pizza: Pizza Margherita Pala Romana with Mortadella and Pistachios
3:30 – 4:15 pm Tiziana Stefanelli

IG @tizianastefanelli

Tiramisú limoncello and strawberry Vicenzi S.p.a
4:30 – 5:15 pm Tiziana Stefanelli

IG @tizianastefanelli

Caponata
26 April 10:30 – 11:15 am Tiziana Stefanelli

IG @tizianastefanelli

Soy “Straccetti” orange and coffee with potatoes cream and rosemary extra virgin olive oil
  • Joy Food S.r.l
  • Alimentari Italiana S.p.a
11:30 am – 12:15 pm Vincenzo Lavecchia

IG @enzopizzachef

ALLORA

IG @cpchangiairport

FB @cpchangi

Pizza with mozzarella, cherry tomatoes confit, purple potatoes, gorgonzola, roasted pumpkin, parsley pesto, sage chips
12:30 – 13:15 pm Tiziana Stefanelli

IG @tizianastefanelli

Linguine with cherry tomatoes,

Shrimps Colatura,

aromatic bread crumbs

  • Lalaina S.r.l
  • Oleificio Agnellaro di Terrasi Rosa
13:30 – 14:15 pm Tiziana Stefanelli

IG @tizianastefanelli

Sfogliatine with ricotta cheese, honey truffle oil and maldon salt
  • Vicenzi S.p.a
  • Caseificio Ghidetti S.r.l
  • Alimentari Italiana S.p.a
14:30 – 15:15 pm Tiziana Stefanelli

IG @tizianastefanelli

Coffee Granita with whipped cream

Annex B: The Italian Taste LAB’s Featured Products

Product(s) Company Name Website & Social Media
  • Grana Padano DOP “Sole e Luna” 24 months
  • Ricotta Cheese
Caseificio Ghidetti S.r.l Website: https://www.caseificioghidetti.it/

Facebook: @caseificioghidetti1937

Instagram: @caseificio_ghidetti1937

  • Vicenzovo Lady Fingers
  • Classic Millefoglie and Iced Millefoglie
Vicenzi S.p.a Website: https://www.vicenzi.it/

Instagram: @matildevicenzi_global

LinkedIn: @Vicenzi S.p.A

  • Rosemary Flavoured Extra Virgin Olive Oil
  • Truffle Flavoured Extra Virgin Olive Oil
Alimentari Italiana S.pa Website: https://alimentareitaliana.it/index.php/en/

Facebook: @fratellimantova

Instagram: @fratellimantova1905

LinkedIn: @fratellimantova

  • Lo Spaghetto
  • La Pennetta
De Matteis Agroalimentare S.p.a Website: http://www.dematteisfood.it/EN/index.html

Instagram: @pastarmando

LinkedIn: @De Matteis Agroalimentare S.p.A.

  • Soya Straccetti
Joy S.r.l Website: https://www.foodevolution.it/

Facebook: @Food Evolution

Instagram: @foodevolution.it

LinkedIn: @Food Evolution

  • Colatura Gambero
Lalaina S.r.l Website: https://colaturadigambero.it/

Facebook: @Colatura di Gambero Rosso di Mazara del Vallo

Instagram: @colaturadigamberorosso

  • Extra Virgin Olive Oil
Olea Experience S.r.l Website: https://www.oleumsicilia.com/

Instagram: @oleumsicilia

LinkedIn: @Oleum Sicilia Società Cooperativa

  • Organic Extra Virgin Olive Oil
  • Extra Virgin Olive Oil – Linea Convenzionale
Oleificio Agnellaro di Terrasi Rosa Website: https://www.olioprincipe.it/

Facebook: @Olio Principe

Instagram: @olioprincipe

LinkedIn: @Olio Principe

  • Grana Padano PDO cheese
Consorzio Tutela Grana Padano Website: https://www.granapadano.it/en-en/

Instagram: @granapadanopdo
LinkedIn: @Consorzio Tutela Grana Padano

Annex C: Italian Exhibitors at FHA 2024

No Company Name Stand n° Website Products
1 Acetaia Borgo Castello S.r.l 5L2-05 https://www.acetaiaborgocastello.com/en/ Balsamic Vinegar
2 Acetaia Leonardi S.r.l 5L3-05 https://www.acetaialeonardi.it/en/ Balsamic Vinegar
3 Acqua Sant’Anna S.p.a 5K2-08 https://www.santanna.it/ Water
4 Agricola Fisicaro Sebastiana 5K1-01 https://extravirginolio.com/ Olive Oil
5 Amsmil 5K3-07 https://goandfun.mt/ Energy Drink
6 Arteolio Soc Agr S.r.l 5K2-03 https://www.arteolio.com/en_GB/ Olive Oil
7 Blanco S.r.l 5K1-01 https://www.blancodolci.it/ Dolci, cannoli, pastries
8 Bontasia Pte Ltd 5L3-01 Bakery products
9 Campo D’Oro S.r.l 5K1-01 https://www.campodoro.com/ Sauces
10 Caraci S.r.l 5K1-01 https://caraci.it/ cannoli and sicilian specialties
11 Caseificio Albiero S.r.l 5K3-11 https://www.albiero.it/it/ Cheese
12 Caseificio Ghidetti S.r.l 5L2-01 https://www.caseificioghidetti.it/ Cheese
13 Compagnia Alimentare Italiana S.p.a 5K2-11 https://alimentareitaliana.it/index.php/en/ Olive Oil, Other Oils, fragrant Oil Sprays
14 Consorzio Latterie Virgilio 5K2-10 https://www.consorzio-virgilio.it/ Cheese
15 Consorzio Tutela Grana Padano 5K3-08 https://www.granapadano.it/it-it/ Cheese
16 De Matteis Agroalimentare S.p.a 5K2-04 http://www.dematteisfood.it/EN/index.html Pasta
17 Di Marco Corrado S.r.l 5L3-01 https://www.dimarco.it/en/ Flour
18 Distretto Produttivo Dolce Sicilia Soc. Coop. 5K1-01 Sweet & Pastry sector
19 Ditta Drago Sebastiano 5K1-01 https://www.dragoconserve.net/ Conserves (Jams, Preserves)
20 Dolceria Alba S.p.a 5K2-12 https://www.dolceriaalba.it/it/ Pastry
21 Dts Dolciaria 5K1-01 https://www.cannolidisicilia.it/ Cannoli (pastry shells)
22 Fres S.r.l Radici Rosse 5K1-01 https://www.radicirosse.com/ Organic
23 Giuliano Tartufi S.p.a 5L2-08 https://www.giulianotartufi.it/en/ Truffles and truffle products
24 I Veri Sapori Dell’ Etna S.r.l 5K1-01 https://shop.gustoetna.com/ Various sicilian food products
25 Idb S.r.l (Industria Dolciaria Borsari) 5L2-04 http://www.idbgroup.it/ Dairy
26 Il Buon Gusto Siciliano 5K1-01 https://www.ilbuongustosiciliano.it/ Various sicilian food products
27 Joy S.r.l 5L3-14 https://www.foodevolution.it/ Soy Meat
28 La Rustichella Worldwide S.r.l 5K3-01 https://larustichellatruffles.com/en/ Truffles and truffle products
29 La San Fermese S.p.a 5L3-14 https://lasanfermese.com/en/ Cereals, Legumes, Soy
30 Lalaina S.r.l 5K1-01 https://colaturadigambero.it/ Colatura di gambero (prawn sauce)
31 Lameri S.p.a 5L2-07 https://www.lameri.it/ Cereals
32 Le Dolcezze Della Valle Dei Templi 5K1-01 https://www.ledolcezzedellavalledeitempli.it/ Pastry
33 Madama Oliva S.r.l 5L2-05 https://www.madamaoliva.it/ Olives
34 Maristella S.r.l 5K3-12 https://www.pasticceriamaristella.it/it/ Pastry
35 Mazza Alimentari S.r.l 5L2-13 https://mazzalimentari.com/ Various Food products
36 Neronobile S.r.l 5L3-04 https://www.neronobile.com/ Coffee
37 Nova Frutta S.r.l 5K2-05 https://www.novafrutta.it/ Fruits and vegetables
38 Oleificio Agnellaro Di Terrasi Rosa 5K1-01 https://www.olioprincipe.it/ Olive Oil
39 Oleum 5K1-01 https://www.oleumsicilia.com/ Olive Oil
40 Organa D.O.O. 5L3-14 https://www.organa.si/ Organic Food products
41 Organizzazione Vitttorio Caselli S.p.a 5L3-10 https://www.caselli.it/ Fair Agent
42 Paska’ S.r.l – Caffè Intenso 5L2-14 https://intenso.biz/ Food and beverage consultancy
43 Pasticceria Filippi S.r.l 5L2-11 https://pasticceriafilippi.it/ Pastry
44 Pastificio Gallo 5K1-01 https://www.pastaprimeluci.it/ Pasta
45 Rete Di Imprese Taste Of Sicily 5K1-01 Network for Sicilian companies
46 Rinaldi Superforni S.r.l 5L3-01 https://www.rinaldisuperforni.com/ Ovens and bakery equipment
47 Saquella 1856 S.r.l 5K3-04 https://www.saquella.it/en/ Coffee
48 Secondo Vergani S.p.a 5L2-07 https://www.vergani.it/ Pralines
49 Sterilgarda Alimenti S.p.a 5K3-14 https://www.sterilgarda.it/ Dairy
50 Steriltom S.r.l 5K2-01 https://www.steriltom.com/en/index.html Tomato sauce
51 Stramondo S.r.l 5K1-01 https://www.stramondo.it/ Gelato and Pastry
52 Tartufi Jimmy 5K2-14 https://www.jimmytartufi.it/ Truffles and truffle products
53 Terra Siciliae S.r.l 5K1-01 https://www.terrasiciliae.com/ Cannoli
54 Urbani Tartufi S.r.l 5L3-12 https://urbanitartufi.it/ Truffles and truffle products
55 Vicenzi Biscotti S.p.a 5K2-07 https://www.vicenzi.it/ Busicuits and confectionery
56 Virgilio Limited 5L3-07 https://www.virgiliofnb.com/ Consulting Firm
57 Wadi El Nile Italia S.r.l 5L3-11 https://wadialnile-eg.com/ Olives, Artichokes, Cucumber, Pepper
58 Witor’S S.p.a 5K3-03 https://www.witors.it/en Pralines
Regione Siciliana – Assessorato Regionale Dell’Agricoltura, Dello Sviluppo Rurale E Della Pesca 5K1-01

Hashtag: #ItalianExtraordinaryTaste #MadeinItaly




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

Italian Trade Agency

Italian Trade Agency (ITA) is the Governmental agency that supports the business development of Italian companies abroad and promotes the attraction of foreign investment in Italy. With a motivated and modern organization and a widespread network of overseas offices, ITA provides information, assistance, consulting, promotion, and training to Italian small and medium-sized businesses. Using the most modern multi-channel promotion and communication tools, it acts to assert the excellence of Made in Italy in the world.

Through its headquarters in Rome, an office in Milan, and a global network of 79 offices in 65 countries, linked to Italian embassies and consulates, the ITA provides information, assistance, promotion, training, and cooperation in the industrial, consumer goods and services sectors. It collaborates with Italian Regions, Chambers of Commerce, Industry and Trade Associations and other public and private organizations. Every year, ITA worldwide offices carry out hundreds of promotional projects and provide personalized services and assistance to thousands of Italian companies. It also assists and supports foreign companies that want to establish or expand business and trade relations with Italian companies or to invest in Italy.

Italian Trade Agency in ASEAN:

For more information, kindly refer to:

Fiere di Parma

A three hundred thousand sqm exhibition complex in the heart of the productive districts of Northern and Central Italy: this is the identity card of Fiere di Parma. A business, within the Italian trade fairs organizers landscape, committed to partner with companies wishing to fulfill their expectations with solutions combining tradition and innovation.

The fruitful marriage between trade fair expertise and innovative ideas has led to the establishment of leading events such as Cibus, which has long supported and promoted Made in Italy food sector across the world; Cibus Tec, a privileged showcase for food processing and machinery; Mercanteinfiera and Gotha, the prodigious intuitions that over the years have succeeded to give dignity back to the antique sector as well as a professional dimension, setting trends, launching new lifestyles and inventing modern antiques and vintage.

For more information, kindly refer to:

School Meal, Community Programs Target Malnutrition in Sekong, Salavanh

International Efforts Combat Malnutrition in Sekong and Salavan
Primary students of Ngiew school in Salavan enjoying their nutritious lunch

In the southern provinces of Sekong and Salavanh in Laos, communities have long been striving for food security in an ongoing battle against malnutrition. These regions, once synonymous with poverty and deprivation, are now witnessing a remarkable shift, thanks to the collaborative efforts of international organizations and the Lao government. Locals now have access to empowerment programs and basic nutrition knowledge to become self-sustainable.

China Railway Construction Corporation: Breakthroughs in Early 2024 Drive the Railways Modernisation

BEIJING, CHINA – Media OutReach Newswire – 23 April 2024 – China Railway Construction Corp Ltd. (CRCC, or “the Company”) is proud to announce significant achievements in early 2024. With RMB 65.2 billion in national fixed-asset investments in the railway sector during January and February, up by 9.5% year-on-year, the Company has set a rapid pace and injected vitality into railways modernisation.

A Multifaceted Triumph Unfolding in Harmony

CRCC underscored its commitment to project schedules and efficiency after Chinese New Year, swiftly returning to work on 138 sites across 40 projects. The commissioning and operation of the Xinjiang Jiangjunmiao to Naomaohu Railway and the Chizhou to Huangshan High-Speed Railway in Anhui Province, along with successful joint debugging and testing, exemplified remarkable progress in control engineering and railway construction, showcasing technological advancements and effective collaboration.

Proactively Responding to the “Belt and Road” Initiative

CRCC leverages state-of-the-art technology and management expertise to undertake major engineering projects that promote international cooperation and regional prosperity. The Company showcases its participation and commitment on the global stage by engaging in the construction of upcoming or ongoing projects under the “Belt and Road” Initiative. This proactive approach highlights CRCC’s enduring dedication to realising the Initiative’s objectives.

Mr. Wang Xianjun, Deputy Manager of China Railway 11th Bureau Group Co., LTD, stated, “The Company remains resilient and adaptive in the ever-evolving global landscape. We leverage global collaboration synergies and emerging prospects by establishing strategic international partnerships. Prioritising sustainability, we employ cutting-edge technologies and efficient strategies to optimise resource utilisation, minimise environmental impact, and ensure durable viability.”

CRCC remains unwavering while maintaining strict corporate governance and fostering soil conducive to economic and social improvement. Through the transformative power of technology, CRCC stands at the forefront of driving railway modernisation for an interconnected world. The Company pledges to deliver exceptional services to society and fulfil its partners and clients.

Hashtag: #Business #Technology #Railway #Construvtion #BeltandRoad #China

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

About China Railway Construction Corp Ltd.

China Railway Construction Corporation Limited provides transportation infrastructure construction services, spanning railways, highways, urban tracks, and real estate development and materials trading. China Railway 11th Bureau Group Co., Ltd is CRCC’s subsidiary that offers infrastructure construction services, including designing, developing, and constructing houses, roads, tunnels, municipal public works, etc.

For more information, please visit the official website:

Trend Micro Unveils New Cyber Risk Management Capabilities to Anticipate and Eliminate Breaches

10-to-1 tool consolidation drives record adoption by thousands of enterprise customers


HONG KONG SAR – Media OutReach Newswire – 23 April 2024 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced the availability of AI-driven cyber risk management capabilities across its entire flagship platform, Trend Vision One™. This seamlessly integrates more than 10 industry technology categories into one offering, empowering security, cloud and IT operations teams to manage risk proactively.

The outcome: simplified management of the entire cyber risk lifecycle including discovery, risk assessment, prioritization and remediation, which empowers users well beyond what can be achieved with legacy attack surface management tools.

Early adoption customer Dr. Andrew Adams, associate manager of information security at Xsolis: “Trend not only offers us unrivalled risk scoring, but also makes sense of telemetry better than anyone else. This allows us to contextualize and prioritize risk to take rapid remedial action and build cyber-resilience. As a leader in our use of AI in health technology, Trend puts us at the forefront of security as well, enabling us to reduce breach risk proactively rather than being forced to react to incidents.”

Corporate boards are increasingly considering cyber risk a part of broader business risk management strategy, as recent regulations zero in on organizations’ cybersecurity posture and risk profile. Trend enables CISOs to communicate risk early and more effectively to business leaders and empowers overburdened IT teams to streamline workflows and centralize prioritization and remediation with an unprecedented degree of visibility.

Kevin Simzer, COO at Trend: “Industry demand for visibility across the attack surface isn’t new. This is why we see an increase in buzzwords like ‘platformization’. However, customers don’t want a stitched-together platform. They want true visibility and the ability to effectively assess risk. We’ve gone further still – enabling organizations not only to know where their most critical risks are, but also to mitigate and remediate them. With adoption surging in the first six months, security leaders and the broader cybersecurity industry are clearly on board.”

The new cyber risk management capabilities offered through Trend Vision One™ Attack Surface Risk Management (ASRM) will provide cybersecurity teams comprehensive, precise and continuous risk assessment across the entire enterprise environment. This marks a huge leap beyond siloed risk views and fixed assessments common among point solution vendors and stitched-together acquisition approaches.

Michelle Abraham, Research Director, Security and Trust at IDC: “As part of the Trend Vision One platform, Attack Surface Risk Management eliminates blind spots to provide consolidated risk visibility and management. The addition of extended detection and response (XDR) and identity telemetry works to amplify the power of Attack Surface Risk Management, to help organizations build resilience against breaches, minimize the attack surface and support zero trust implementations.”

Proactive cyber risk management has emerged as a critical initiative for enterprise business leaders, boardrooms, and federal agencies as breach volume and impact has risen – and as threat actors turn to AI to assist fraud efficacy and ramp up attack scale. 2023 saw a record-breaking number of publicly reported data breaches in the US, with more than 353 million downstream victims affected.

To learn more about Trend Vision One™ Attack Surface Risk Management (ASRM), visit: https://www.trendmicro.com/en_hk/business/products/detection-response/attack-surface-management.html
Hashtag: #trendmicro #trendvisionone #visionone #cybersecurity




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

Trend Micro

Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro’s cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, the platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 65 countries, Trend Micro enables organizations to simplify and secure their connected world.

Mox’s Rapid Service Release Gains Recognition as One of World’s Fastest-Growing Digital Banks


HONG KONG SAR – Media OutReach Newswire – 23 April 2024 – Mox Bank Limited (“Mox”) has been recognised by global management consulting firm Oliver Wyman as one of the fastest-growing digital banks in the world. This distinction highlights Mox’s remarkable growth trajectory and commitment to innovative product offerings. Oliver Wyman’s analysis emphasises Mox’s speed to market with launching a wider range of products and services compared to other globally renowned digital banks after setting up for the first three years. This robust portfolio and focus on innovation have been pivotal to Mox’s impressive performance throughout the APAC region.

Mox’s Rapid Service Release Gains Recognition as One of World’s Fastest-Growing Digital Banks


Attending Money 20/20 Asia in Bangkok, Thailand and speaking at the panel discussion themed “Fueling the Future: The Rise of Open Finance in Asia” on 25 April 2024, Barbaros Uygun, CEO of Mox, said, “This recognition underscores Mox’s success in setting the global benchmark for digital banking innovation and transforming retail banking — all from our base in Hong Kong. Our focus isn’t solely on speed; it’s about understanding the dynamic needs of the Hong Kong market and delivering solutions with unmatched agility. We’re proud of our rapid growth, but even more so of our unwavering commitment to putting our customers’ evolving needs first.”

Dan Jones, Partner of Oliver Wyman, said, “As a young bank just launched three and a half years ago, Mox’s performance has been extraordinary when comparing to other global digital banks, particularly in its products and service release velocity.”

In just three years, Mox has developed itself as a full digital bank with a broad array of product spectrum spanning across deposits, foreign exchange, payments, personal financial management, cards, lending, investments covering equity and fund trading. It is actively pursuing its aspiration to become the main bank for customers and meet their diverse banking needs. For a bank just three years old, close to 30% of Mox’s customer base has four or more products with the bank and one of the highest transaction volume per card in Hong Kong.

Since its launch in 2020, Mox has gained numerous local, regional, and global recognition as a leader in digital banking[1]. In addition, Mox’s tech stack and processes have been successfully ported to Trust Bank in Singapore, accelerating Trust Bank to be the first digital bank launched.

Mox has made significant progress. It holds Hong Kong’s seventh largest credit cards book among all retail banks in the city[2] and has accumulated more than 550,000 customers, representing more than 10% of bankable population in Hong Kong. Around one in five people under the age of 40 in Hong Kong are Mox customers.

As a testament to its customer-centric approach, Mox boasts the top-rated virtual banking app on the App Store in Hong Kong and the top Net Promoter Score among Hong Kong virtual banks[3].

Table 1: Comparing Mox’s three-year service launches with other global digital bank leaders. (Source: Oliver Wyman)

Table 1: Comparing Mox’s three-year service launches with other global digital bank leaders. (Source: Oliver Wyman)


[1] The bank was named the Best Digital-only Bank in Hong Kong in 2023 by The Asian Banker, #5 by the World Digital Bank Awards 2023, and ranked top in Forbes’ World’s Best Banks 2023.
[2] According to TransUnion’s Market Insights and Intelligence Dashboard.
[3] Based on the aggregate results of two surveys conducted every six months from January to December 2023 by Human8 to compare Net Promoter Scores among all virtual banks in Hong Kong.

Hashtag: #Mox

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

About Mox Bank Limited (“Mox”)

Mox is a pioneering virtual bank in Hong Kong and a registered institution (CE number: BNO808) powered by in partnership with , and . Founded in September 2020, Mox is reimagining banking, empowering possibilities, and setting global benchmarks for digital banking from Hong Kong.

Mox is well on track to be the number one virtual bank for cards, lending and wealth. The bank was recognised in and , and was ranked fifth in the by The Digital Banker and in the Global Top 10 Banks in . Through a scalable platform, lower cost-to-serve, top-notch customer experience and the unique promise of safe, simple, smart, and fun banking, Mox has found immense affinity among Hong Kong customers in just three years since it was founded: Mox app is the top-rated Hong Kong virtual banking app in Apple App Store in Hong Kong[4], scoring 4.8 out of 5 and Mox consistently has the best Net Promoter Score (NPS) among all Hong Kong virtual banks in 2023[5]. Mox’s influence extends beyond Hong Kong, as shown by the company’s technology and know-how being transferred to Trust Bank in Singapore.

Join us in shaping the future of banking.

Follow Mox on , , , and for our latest updates.


[4] As of 22 April 2024.
[5] Based on the aggregate results of two surveys conducted every six months from January to December 2023 by Human8 to compare Net Promoter Scores among all virtual banks in Hong Kong.

CPA Australia: Nearly seven in ten Hong Kong small businesses expect growth amid cybersecurity threats


HONG KONG SAR – Media OutReach Newswire – 23 April 2024 – CPA Australia’s Asia Pacific (APAC) Small Business Survey 2023-24 shows Hong Kong small businesses have growing confidence in their business and the economy, while facing increased cybersecurity risks.

CPA Australia Asia-Pacific Small Business Survey 2023-24 Hong Kong Results Infographic

The survey results show that 69 per cent of small businesses in Hong Kong anticipate growing in 2024. The survey further reveals increased confidence in the local economy, with 73 per cent expecting it to grow this year. However, Hong Kong ranked top among surveyed APAC markets on the expected threat of a cyber-attack.

CPA Australia’s annual survey collected views from 4,222 small businesses in 11 markets across the Asia-Pacific region, including Singapore, Mainland China and Australia to understand their business performance and outlook. The survey included 324 respondents from Hong Kong. With 56 per cent of surveyed businesses reporting growth in 2023, many Hong Kong small businesses are confident and benefiting from the gradual revival of the local economy.

Mr Cliff Ip, Divisional President of CPA Australia 2024 in Greater China
Mr Cliff Ip, Divisional President of CPA Australia 2024 in Greater China

Mr Cliff Ip, Divisional President of CPA Australia 2024 in Greater China explained, “Bolstered by an improving economy and various government support programs, ranging from an accommodating financing environment to schemes promoting digitalisation and marketing, Hong Kong small businesses made a steady recovery last year and most project a mild expansion in 2024.”

Hong Kong respondents were most likely to nominate entering new markets as the factor that made the most positive contribution to their business in 2023. This pioneering spirit is expected to continue this year, with 79 per cent of respondents expecting revenue from overseas sales to grow, compared to the survey average of 50 per cent.

“An increasing adoption of e-commerce and digital tools enabled many small businesses in Hong Kong to capitalise overseas opportunities,” Ip said, “Besides, Hong Kong small businesses have developed a strong innovation culture in recent years, giving them a competitive advantage to promote and sell their new products and services outside Hong Kong.”

Business growth and market expansion created new jobs in the small business sector. Forty-six per cent of Hong Kong small businesses increased their number of employees last year, beating the survey average of 32 per cent. This strong hiring intention is expected to persist into 2024, with 52 per cent expecting to add to their headcount.

However, increasing costs to cover activities in new markets and local operations became the most detrimental factor to their businesses last year, which most likely contributed to their strong demand for external financing. Eighty-three per cent of surveyed small businesses sought funds in 2023. The most common reasons were to purchase capital assets and support business growth. Eighty-nine per cent will or may seek external funds this year, with covering increasing expenses the most cited reason.

Ip stated, “The main purposes of financing shifted from survival in 2022 to purchase capital assets and buttress growth in 2023. This change illustrated that many resilient SMEs had overcome the economic downturn and rebounded at full speed after normalcy.”

Seventy-six per cent of respondents perceived obtaining external financing as an easy task in 2023, and 74 per cent expect this favourable financing condition to persist in 2024.

“HKSAR Government’s effort to ease the financing conditions such as the SME Financing Guarantee Scheme (“SFGS”) have made it relatively easier for eligible applicants to obtain financing from banks. In this year’s Budget, the government has further extended the application period for the 80 per cent and 90 per cent Guarantee Product under the SFGS. The recent measures introduced by the Hong Kong Monetary Authority also prioritise expediting applications for these products, assisting small businesses in obtaining the necessary funding for their further development.”

Prevalence of technology adoption among small businesses in Hong Kong is another growth driver. Last year, 81 percent of Hong Kong’s small businesses received over 10 per cent of their revenue from online sales, outstripping counterparts in other markets and up enormously from 43 per cent in 2019. Another 86 per cent of respondents indicated that over 10 per cent of revenue were received through digital payment methods, a remarkable increase of over 30 percentage points compared to 2019.

“Changing consumer behaviour and a series of government schemes supporting digitalisation such as Technology Voucher Programme have undoubtedly driven this transformation. The offering of E-consumption vouchers in each of the past three years, alongside the gradual adoption of online shopping and food ordering habits, has compelled small businesses to undergo digital transformation to stay relevant and competitive in the market.”

Yet, rapid digitalisation has triggered cybersecurity risks. Alarmingly, 64 per cent of surveyed businesses indicated that they had lost time and/or money due to cybersecurity incidents last year and seven-in-ten concerned about the potential cyberattacks in 2024, both results were the highest of the APAC surveyed markets.

“Threats from cyberattacks such as phishing attacks have caused direct losses. Though two-third of surveyed respondents have recently reviewed their cybersecurity protections, business owners must keep allocating resources on enhancing tools to protect data and information, providing staff training, and consult with IT experts.” Ip reminded.
Hashtag: #CPAAustralia #HongKong #Business #Economic #SMEs #Technology #Cybersecurity #HR

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

About CPA Australia

CPA Australia is one of the largest professional accounting bodies in the world, with more than 172,000 members in over 100 countries and regions, including more than 22,200 members in Greater China. CPA Australia has been operating in Hong Kong since 1955 and opened our Hong Kong office in 1989. Our core services include education, training, technical support and advocacy. CPA Australia provides thought leadership on issues affecting the accounting profession and the public interest. We engage with governments, regulators and industries to advocate policies that stimulate sustainable economic growth and have positive business and public outcomes. Find out more at

Migrant Workers from Laos, Cambodia, Myanmar Under Labor Agreement Advised to Leave Thailand by End of April

Workers in Thailand (Phot: Sawasdee Thailand)

In an announcement dated 19 April, the Thai government issued a warning to workers from Laos, Cambodia, and Myanmar, urging them to depart Thailand before the end of April or face legal consequences.