In response to the persistent flooding in Vientiane Capital during the yearly rainy season, local authorities have begun to implement comprehensive measures to mitigate the damages.
Beyond the VF 8: Decoding VinFast’s European Electric Vehicle Strategy

HANOI, VIETNAM – Media OutReach Newswire – 12 July 2024 – VinFast is entering the European market with a strategic approach. The company’s C-segment VF 8 SUV prioritizes customer experience with a market-leading warranty, user-friendly technology features and advanced safety systems, combined with an expanding after-sales network. This strategic approach leverages VinFast’s diverse portfolio of SUVs, a category experiencing surging demand in Europe. The VF 8 itself stands as a testament to VinFast’s production capabilities and unwavering commitment to exceptional service.

For the first time ever, sport utility vehicles, or SUVs, cruised past a major sales milestone in Europe in 2023, claiming more than half of all new car sales, according to industry data.
Fueled by consumer demand, SUV sales surged 23 percent in the first half of the year compared to the same period in 2022, reaching 3.37 million units, Automotive News Europe reported. This translated to a commanding 51 percent market share, a significant jump from 48 percent just a year prior.
The popularity of SUVs even outpaced the overall growth of the European auto market, which saw a 17 percent increase during the same period. This trend suggests a sustained appetite for these vehicles, often seen as the heirs to the traditional four-wheel-drive models, with their imposing forms navigating both cityscapes and countryside alike.
Larger and roomier than their sedan counterparts, SUVs are typically built on the same platform but offer increased height and bulk. This formula has proven successful, attracting a growing base of European car buyers.
Recognizing the growing European appetite for SUVs, Vietnamese Nasdaq-listed electric carmaker VinFast, has built a comprehensive portfolio of sport utility vehicles. Spanning the A-SUV to E-SUV segments, VinFast’s offerings cater to a wide range of driver needs.
To compete in the European market, VinFast is leading with the VF 8, a C-segment SUV. This strategic introduction will be followed by the launch of the smaller VF 6, a B-segment model. The VF 8 signifies a significant milestone for Vietnam’s auto industry, showcasing Vingroup’s manufacturing prowess and VinFast’s commitment to excellence.
European consumers can expect the VF 8 to be a compelling proposition. The car is designed to impress with its stylish aesthetics, exhilarating electric performance, and a suite of cutting-edge technologies that prioritize safety. VinFast further aims to exceed expectations with a market-leading warranty, ensuring a peace-of-mind ownership experience.
The Manufacturing Capability Behind VinFast’s VF 8
Established six years ago on reclaimed land near Cat Hai, VinFast’s 335-hectare factory embodies the nation’s ambition to become a major player in the electric vehicle space. The VF 8 itself stands as a testament to this ambition, combining Vietnamese manufacturing prowess with global expertise.
VinFast strategically partnered with Pininfarina, the legendary Italian design house responsible for iconic vehicles from Ferrari to Peugeot. This collaboration imbues the VF 8 with a touch of luxury, placing it firmly in competition with established luxury car brands.
The design itself avoids fleeting trends, striking a balance between modern elegance and timeless appeal. VinFast’s “Dynamic Balance” design language shapes the VF 8, resulting in a forward-looking aesthetic. The exterior features a harmonious interplay of curves and sharp cuts, creating a visually striking and well-balanced whole.
This design philosophy extends beyond aesthetics, prioritizing stability and functionality. A central balance element ensures all design details work together cohesively, promoting a lower center of gravity for improved handling. This approach offers a range of practical benefits, including minimized noise during operation, potentially extended battery life, and a smoother driving experience.
Furthermore, the VF 8 leverages a modern design language optimized for aerodynamics, reducing energy consumption and enhancing overall efficiency.
The VF 8’s interior is designed to match the exterior’s elegance. It seamlessly blends high-end aesthetics, meticulous craftsmanship, and modern features, creating a technological yet relaxing space. Heated and cooled seats provide comfort, while a large, high-resolution center screen offers intuitive control for both driver and passengers.
Electricians have praised the VF 8’s interior quality, comparable to European standards. High-quality materials, including soft yet firm leather, and excellent finishing touches are evident throughout the cabin.
Spaciousness is another highlight, offering ample legroom and headroom for passengers in all seats. Additionally, a unique Head-up Display (HUD) projected onto the windshield allows drivers to easily monitor key information without taking their eyes off the road.
The VF 8 comes in two variants, the Eco and the Plus, catering to different driving preferences. The Eco offers a powerful electric motor with a maximum output of 260 kW and 500 Nm of torque. The Plus takes performance a step further with a 300 kW motor and an impressive 620 Nm of torque, accelerating from 0 to 100 km/h in a mere 5.5 seconds.
Building Trust in Europe: VinFast’s Long-Term Strategy
Furthermore, the VF 8 is equipped with an advanced driving assistance system (ADAS) featuring advanced functionalities like highway driving assistance, automatic lane changing, and smart parking assistance. This system will receive continuous updates and enhancements to provide customers with the safest and most optimal driving experience.
The VF 8’s robust safety features have garnered recognition from prestigious safety organizations. Euro NCAP, a rigorous testing program relied upon by manufacturers and drivers alike, awarded the VF 8 a 4-star safety rating, narrowly missing a 5-star designation by a mere 4%.
The VF 8 excelled in child occupant protection during both frontal and side impact tests, with child mannequins demonstrating exceptional protection across critical body areas. This achievement is reflected in the car’s outstanding 89% score for child occupant protection in its Euro NCAP debut. This category score ranks among the best tested by the independent assessment program throughout 2023, underlining VinFast’s commitment to developing vehicles with top-tier safety standards. As a result, the VF 8 emerges as an ideal choice for families seeking a secure and comfortable driving experience for their children.
The first car model introduced by VinFast on the international stage became the main character at the ASEAN NCAP Grand Prix Awards on the evening of May 28, 2024 in Bangkok (Thailand), when it was consecutively honored with 5 awards. important: “Best Child Protection”, “Best Safety Assistance”, “Best Motorcyclist Safety”, “Best Car” and “Best SUV”.
Organized biannually by the Southeast Asia New Car Assessment Program (ASEAN NCAP), these awards recognize excellence in the auto industry. This year, the VF 8’s outstanding safety equipment impressed the experts.
Adding to the peace of mind ownership experience, VinFast offers a comprehensive warranty package – 10 years or 200,000 kilometers for the powertrain and 10 years with unlimited mileage for the battery. This commitment to customer satisfaction extends to Europe. Through partnerships with Bosch and Mobivia, VinFast ensures convenient charging access with Bosch’s 700,000 charging ports across 30 European countries, and reliable after-sales service through Mobivia’s 1,200 service workshops in France and Germany.
To ensure comprehensive support for European drivers, VinFast offers a market-leading warranty, customer-focused technology features, and is actively expanding its after-sales network, demonstrating its long-term commitment to the region./.
Hashtag: #VinFast
The issuer is solely responsible for the content of this announcement.
Vietnam President To Lam Visits Laos, Strengthening 62-Year Cooperation with New Agreements, Initiatives

President of Vietnam, To Lam, visited Laos on 11-12 July, receiving a warm welcome from President of Laos, Thongloun Sisoulith.
Results of the ixCrypto Index Series Quarterly Review (2024 Q2) & IX Digital Asset Industry Index Series Half Yearly Review (2024 1H)

HONG KONG SAR – Media OutReach Newswire – 12 July 2024 – Today, IX Asia Indexes announced the 2024 2nd quarter review of ixCrypto Index Series and IX Digital Asset Industry Index Series. The constituent changes will be effective on 19th July, 2024 (Friday). The results of the constituent review and exchange review are as follows:
1. Constituent Review – ixCrypto Index Series
1.1 ixCrypto Index (“IXCI”)
The number of constituents will increase to 25 constituents with 4 additions and 2 deletions.
Addition
- Pepe
- Render
- Hedera
- Mantle
Deletion
- Stellar
- Filecoin
After the change, the free float adjusted market capitalization coverage is 81.82%*, while the 90-day-average volume is 72.44%* (excluding stable coin which has 6.35% of the total crypto universe). The constituents change above and recapping at 40% will be effective on 19 July 2024 (Friday).
Since the last review, there has been an increase in the crypto total market capitalization from USD2.03tn to 2.42tn (+19.21%)#, and a decrease in the daily volume from USD89bn to 79bn (-11.23%)#. Bitcoin remains as the largest crypto in the constituent list, with its price has dropped by 12.74% since the last review.
1.2. ixCrypto Portfolio Indexes
The following constituent changes will be made to ixCrypto 5 EW Index (“IXEW5”) and ixCrypto 5 SR Index (“IXSR5”).
Addition
- Dogecoin
Deletion
- Cardano
The following constituent changes will be made to ixCrypto 10 EW Index (“IXEW10”) and ixCrypto 10 SR Index (“IXSR10”).
Addition
- Toncoin
- Shiba Inu
Deletion
- Polkadot
- Chainlink
The following constituent changes will be made to ixCrypto Altcoin 10 EW Index (“IXAEW10”) and ixCrypto Altcoin 10 SR Index (“IXASR10”).
Addition
- Toncoin
- Shiba Inu
Deletion
- Chainlink
- Polygon
1.3. ixCrypto BTC/ETH Indexes
There has been no constituent change to ixCrypto BTC/ETH 5050 Index (“IX5050”) and ixCrypto BTC/ETH Proportional Index (“IXPI”) since their launch on 9th May 2024
2. Constituent Review- IX Digital Asset Industry Index Series
2.1 ixCrypto Stablecoin Index
The number of constituent will increase to 4 with 1 addition and no deletion. Stable coin comprises 6.35% of the total crypto universe, and ixCrypto Stablecoin Index covers around 99.06% of the 90-day average market capitalization in stablecoin universe.
Addition
- First Digital USD
Deletion
No deletion
2.2 ixCrypto Infrastructure Index
The number of constituents will remain unchanged as 21 constituents, with 2 additions and 2 deletions
Addition
- Toncoin
- VeChain
Deletion
- Quant
- Algorand
3. Exchange Review
As a result of exchange review, the selected 10 exchanges to generate each of the fair average prices for the constituents are as follows:
Selected Exchanges
- Binance
- Upbit
- OKX
- Coinbase Exchange
- HTX
- DigiFinex
- Gate.io
- BitMart
- Bitget (NEW)
- P2B
For more details about our exchange selection criteria, please email info@ix-index.com
More details about the ixCrypto index, including their constituents, constituents’ weight are provided in the Appendices, or refer to the website https://ix-index.com/
*Exclude stable coins and exchange coins (based on conflict of interest rule methodology effective Oct 2, 2020)
#As of 30 June 2024, based on past 90 days average
Appendix 1
Universe | All crypto coins traded in at least two different exchanges around the world |
Selection Criteria | Cryptocurrencies ranking in the top 80% of cumulative full market capitalization (“MC”) coverage and within an acceptable range in accordance with the Volume Buffer Rule in terms of 90-day average trading volume |
Number of Constituents | Variable/25 in Q2 2024 |
Launch Date | 12th December 2018 |
Base Date | 3rd December 2018 |
Base Value | 1,000 |
Reconstitution Rule | If the coverage is below 75% or any of constituents is not within an acceptable range in accordance with the Volume Buffer Rule in terms of 90-day average trading volume, IXCI will be reconstituted to bring MC coverage back and do liquidity screening. |
Reconstitution and Rebalancing Frequency | Quarterly and with a fast entry rule |
Weighting Methodology | Free float adjusted market capitalization weighted with a cap of 40% |
Currency | US Dollar |
Dissemination | Every 5 seconds for 24×7 |
Website | https://ix-index.com/ |
Appendix 2
Crypto | 90-day-average-Market Cap | 90-day-average-volume * | Cut-off Price |
Cumulative Market Coverage before Cap |
Weighting (%) After 40% Cap# |
|
1 | Bitcoin | $ 1,294,395,022,195 | $ 28,886,673,119 | 60887.38 | 53.44% | 40.00% |
2 | Ethereum | $ 406,176,391,159 | $ 15,208,917,246 | 3372.97 | 70.21% | 37.42% |
3 | Solana | $ 70,024,671,614 | $ 3,031,296,276 | 140.01 | 73.10% | 5.98% |
4 | XRP | $ 28,817,172,200 | $ 1,288,993,395 | 0.47 | 74.29% | 2.43% |
5 | Dogecoin | $ 22,132,796,908 | $ 1,488,898,071 | 0.12 | 75.20% | 1.63% |
6 | Toncoin | $ 19,879,580,505 | $ 339,825,055 | 7.60 | 76.02% | 1.73% |
7 | Cardano | $ 16,536,611,544 | $ 400,288,396 | 0.38 | 76.71% | 1.27% |
8 | Shiba Inu | $ 13,880,209,762 | $ 631,873,474 | 0.00 | 77.28% | 0.92% |
9 | Avalanche | $ 13,678,014,323 | $ 438,019,508 | 27.73 | 77.84% | 1.01% |
10 | TRON | $ 10,319,265,891 | $ 305,254,145 | 0.13 | 78.27% | 1.01% |
11 | Polkadot | $ 10,035,629,835 | $ 221,005,440 | 6.07 | 78.68% | 0.81% |
12 | Bitcoin Cash | $ 9,476,919,163 | $ 475,588,356 | 380.44 | 79.08% | 0.69% |
13 | Chainlink | $ 9,104,312,691 | $ 398,716,805 | 13.51 | 79.45% | 0.76% |
14 | NEAR Protocol | $ 7,147,824,487 | $ 460,449,295 | 4.95 | 79.75% | 0.50% |
15 | Polygon | $ 6,952,619,900 | $ 292,683,172 | 0.55 | 80.03% | 0.50% |
16 | Litecoin | $ 6,199,090,470 | $ 444,914,105 | 74.92 | 80.29% | 0.51% |
17 | Internet Computer | $ 5,740,668,098 | $ 123,850,548 | 7.92 | 80.53% | 0.34% |
18 | Uniswap | $ 5,449,482,959 | $ 215,570,449 | 8.84 | 80.75% | 0.48% |
19 | Pepe | $ 4,220,246,515 | $ 1,186,175,975 | 0.00 | 80.93% | 0.44% |
20 | Ethereum Classic | $ 4,090,974,737 | $ 259,086,250 | 23.11 | 81.09% | 0.32% |
21 | Aptos | $ 3,935,933,796 | $ 169,640,095 | 6.89 | 81.26% | 0.29% |
22 | Render | $ 3,526,469,245 | $ 251,565,580 | 7.15 | 81.40% | 0.26% |
23 | Hedera | $ 3,498,573,845 | $ 131,987,618 | 0.08 | 81.55% | 0.25% |
24 | Mantle | $ 3,362,731,178 | $ 103,082,516 | 0.78 | 81.69% | 0.23% |
25 | Cosmos | $ 3,319,320,400 | $ 154,470,228 | 6.59 | 81.82% | 0.22% |
As of 30 June 2024
* 90-day-average-volume ranking in total market is shown in the parentheses
# Weighting (%) after 40% Cap is adjusted according to the cut-off price, the arrangement of order may not be the same as 90-day-average-Market Cap
Selection of index constituents is based on the past 90-day-average market capitalization and volume.
For the calculation methodology of the index, please refer to the “ixCrypto Index Methodology Paper” on our website
Appendix 3
Index Constituents | ixCrypto 5 EW Index | ixCrypto 5 SR Index | ixCrypto 10 EW Index | ixCrypto 10 SR Index | ixCrypto Altcoin 10 EW Index |
ixCrypto Altcoin 10 SR Index |
|
1 | Bitcoin | 20.00% | 48.02% | 10.00% | 38.52% | – | – |
2 | Ethereum | 20.00% | 27.90% | 10.00% | 22.38% | 10.00% | 34.56% |
3 | Solana | 20.00% | 11.15% | 10.00% | 8.95% | 10.00% | 13.81% |
4 | XRP | 20.00% | 7.11% | 10.00% | 5.70% | 10.00% | 8.80% |
5 | Dogecoin | 20.00% | 5.82% | 10.00% | 4.67% | 10.00% | 7.21% |
6 | Toncoin | – | – | 10.00% | 4.81% | 10.00% | 7.42% |
7 | Cardano | – | – | 10.00% | 4.12% | 10.00% | 6.36% |
8 | Shiba Inu | – | – | 10.00% | 3.51% | 10.00% | 5.41% |
9 | Avalanche | – | – | 10.00% | 3.37% | 10.00% | 5.67% |
10 | TRON | – | – | 10.00% | 3.67% | 10.00% | 5.68% |
11 | Polygon | – | – | – | – | 10.00% | 5.08% |
Appendix 4
90-day-average Crypto Market Cap |
90-day-average Crypto Volume |
Index Level | Cumulative Market Cap Coverage | Weight in BTC/ETH 50/50 | Weight in BTC/ETH Proportional | |
IXBI | $1,294,395,022,195 | $28,886,673,119 | $14689.11 | 53.44% | 50.00% | 76.12% |
IXEI | $ 406,176,391,159 | $15,208,917,246 | $ 28975.85 | 70.21% | 50.00% | 23.88% |
Appendix 5
Crypto | 90-day-average- Market Cap | 90-day-average-volume * | Cut-off Price | Cumulative Market Coverage before Cap |
Weighting (%) After 40% Cap# |
|
1 | Ethereum | $ 406,176,391,159 | $ 15,208,917,246 | $ 3,372.97 | 16.77% | 40.00% |
2 | Solana | $ 70,024,671,614 | $ 3,031,296,276 | $ 140.01 | 19.66% | 22.08% |
3 | Toncoin | $ 19,879,580,505 | $ 339,825,055 | $ 7.60 | 20.48% | 6.38% |
4 | Cardano | $ 16,536,611,544 | $ 400,288,396 | $ 0.38 | 21.16% | 4.68% |
5 | Avalanche | $ 13,678,014,323 | $ 438,019,508 | $ 27.73 | 21.73% | 3.73% |
6 | TRON | $ 10,319,265,891 | $ 305,254,145 | $ 0.13 | 22.15% | 3.73% |
7 | Polkadot | $ 10,035,629,835 | $ 221,005,440 | $ 6.07 | 22.57% | 2.98% |
8 | Chainlink | $ 9,104,312,691 | $ 398,716,805 | $ 13.51 | 22.94% | 2.80% |
9 | NEAR Protocol | $ 7,147,824,487 | $ 460,449,295 | $ 4.95 | 23.24% | 1.85% |
10 | Polygon | $ 6,952,619,900 | $ 292,683,172 | $ 0.55 | 23.53% | 1.84% |
11 | Internet Computer | $ 5,740,668,098 | $ 123,850,548 | $ 7.92 | 23.76% | 1.26% |
12 | Ethereum Classic | $ 4,090,974,737 | $ 259,086,250 | $ 23.11 | 23.93% | 1.16% |
13 | Aptos | $ 3,935,933,796 | $ 169,640,095 | $ 6.89 | 24.09% | 1.06% |
14 | Hedera | $ 3,498,573,845 | $ 131,987,618 | $ 0.08 | 24.24% | 0.93% |
15 | Mantle | $ 3,362,731,178 | $ 103,082,516 | $ 0.78 | 24.38% | 0.87% |
16 | Cosmos | $ 3,319,320,400 | $ 154,470,228 | $ 6.59 | 24.52% | 0.88% |
17 | Stacks | $ 3,304,790,158 | $ 137,563,783 | $ 1.63 | 24.65% | 0.82% |
18 | Arbitrum | $ 3,001,766,136 | $ 358,559,039 | $ 0.78 | 24.78% | 0.86% |
19 | VeChain | $ 2,605,485,271 | $ 65,117,184 | $ 0.03 | 24.88% | 0.71% |
20 | Optimism | $ 2,593,333,863 | $ 277,735,217 | $ 1.74 | 24.99% | 0.66% |
21 | Injective | $ 2,444,399,234 | $ 127,115,582 | $ 22.76 | 25.09% | 0.72% |
As of 30 June 2024
* 90-day-average-volume ranking in total market is shown in the parentheses
# Weighting (%) after 40% Cap is adjusted according to the cut-off price, the arrangement of order may not be the same as 90-day-average-Market Cap
Selection of index constituents is based on the past 90-day-average market capitalization and volume.
For the calculation methodology of the index, please refer to the “ixCrypto Index Methodology Paper” on our website.
Appendix 6
Crypto | 90-day- average- Market Cap |
90-day-average- volume |
Cut-off Price |
Cumulative Market Coverage before Cap |
Weighting (%) After 40% Cap |
|
1 | Tether USDt |
$110,676,633,292 | $ 58,723,286,322 | $1.00 | 4.57% | 40.00% |
2 | USDC | $32,843,643,923 | $ 6,516,013,196 | $1.00 | 5.93% | 40.00% |
3 | Dai | $5,347,767,911 | $ 497,368,904 | $1.00 | 6.15% | 14.21% |
4 | First Digital USD | $3,297,386,389 | $ 6,526,956,291 | $1.00 | 6.28% | 5.79% |
As of 30 June 2024
Appendix 7
Real time indexes are disseminated every 5-second interval for 24×7 since 23 June 2022. The real-time indexes are available for viewing on the IX Crypto Index official webpage. For IXCI, IXBI and IXEI, the indexes are also available through Nasdaq Global Index Data Service (GIDS) with the tickers “IXCI”, “IXBI” and “IXEI”, with dissemination interval kept at 15-second unchanged.
The vendor tickers are shown below:
Index Name | Bloomberg Ticker | Reuters Ticker |
ixCrypto Index | IXCI | .IXCI |
ixBitcoin Index | IXCBI | .IXBI1 |
ixEthereum Index | IXCEI | .IXEI1 |
For further information about ixCrypto Index and other available indexes including IX Crypto spot price index series, please visit company official webpage https://ix-index.com or subscribe to LinkedIn: IX Asia Indexes
For data licensing and product, please contact us at licensing@ix-index.com.
For free API use on academic research or trial, please contact enquiry@ix-index.com
Hashtag: #ixCryptoIndex
The issuer is solely responsible for the content of this announcement.
About IX Asia Indexes and IX Asia Index Advisory Committee
IX Capital International Limited is an award-winning index and investment advisory company. The index business arm- IX Asia Indexes, providing real-time digital asset and innovative indexes, disseminated 24×7 globally and built on robust infrastructure. Since the launch of the first crypto benchmark index (“IXCI”) launched in Hong Kong in December 2018, the ixCrypto index series expand into 29 indexes designed for exchange futures product, mark to market and fund managers’ portfolio construction purposes. To ensure the professionality and impartiality of the index methodologies and operations, IX Asia Indexes has established its index advisory committee with representation from different industries, including fund management, exchanges, brokerage, financial blockchain experts, crypto service providers, etc. The committee will meet quarterly a year to discuss matters relating to the IX Asia Indexes, including to review and to comment the data sources, methodologies, and operations of IX Asia Indexes, to provide guidance to the future development of new IX Asia Indexes and to handle other issues and decisions on an as-needed basis.
IX Asia Indexes was awarded the Fintech Award (wealth investment and management) 2019 and 2021 organised by ETNet. It as well won an award for Startup of the Year and Basic Technology (Big Data) from Hong Kong Fintech Impetus Awards 2022 by Metro Broadcast and KPMG. It also won Asia Pacific Enterprise Achievement Award 2024 by Echolade. IX Asia Indexes completed its IOSCO compliance statement and obtained ISO/IEC 27001:2013 UKAS certification.
Website: https://ix-index.com/
Advisory Committee: https://ix-index.com/committee.htm
About IX Crypto Indexes
The ixCrypto index (“IXCI”) is the first crypto index launched in Hong Kong. It was launched on 12 December 2018. It is denominated in USD with a base value of 1000 and a base date on 3 December 2018. Designed to be easy to understand while providing a good representation of the crypto market, ixCrypto index aims to cover the top 80% of the cumulative free-float adjusted market capitalization in the crypto universe and, at the same time, the crypto currencies should fall within the top liquid cryptos ranked by trading volume in the 90 days preceding the review date. The index is to be reviewed quarterly and with a fast entry rule. Real time indexes are disseminated every 5-second for 24×7 since 23 June 2022. Real time index data together with ixBitcoin Index and ixEthereum Index can be obtained from IX Asia Indexes Data Services. For IXCI, IXBI and IXEI, the indexes are also available through Nasdaq Global Index Data Service (GIDS) with the tickers “IXCI”, “IXBI”, “IXEI”, with dissemination interval kept at 15-second unchanged.
CDNetworks Aims to Fuel East Asian Businesses’ Global Expansion with Strategic Emerging Market Presences

SINGAPORE – Media OutReach Newswire – 12 July 2024 – CDNetworks, the APAC-leading network to deliver edge as a service, leverages its strategic presences in emerging markets like Latin America, the Middle East, and Southeast Asia to support the global expansion of East Asian businesses. Additionally, CDNetworks will boost its East Asian network capacity to enhance performance and reliability.
Strategic Presences in Emerging Markets
- Southeast Asia: As a key market for global expansion, CDNetworks has long established its presence in Southeast Asia, becoming an indispensable component of the regional digital backbone. Its support capabilities demonstrated in this region not only help East Asian companies meet their expansion needs in Southeast Asia, but extend to the entire Asia-Pacific region.
- Latin America: Managing Tbps-level traffic through partnerships with nearly 40 ISPs and running 50 Points of Presence (PoPs), CDNetworks has robust presences throughout Latin America, and achieved 100% network coverage in key countries like Brazil, Argentina, and Chile. This is particularly significant in areas that have strong cultural and industrial ties to East Asian countries.
- Middle East: Leveraging strong resources and enhanced network performance, CDNetworks can help East Asian businesses capitalize on their strengths in high-tech, integrate into the region’s digital transformation, while supporting them in delivering popular content like K-pop and J-pop to local audiences.
Facilitating Global Expansion through Enhanced Localization
In addition to efforts in emerging markets, CDNetworks focuses on enhancing localization in East Asia and target markets alike.
With dedicated local teams and long-term ISP partnerships, CDNetworks has achieved 100% network coverage and unparalleled performance in East Asia. To support East Asian businesses expanding overseas, CDNetworks plans to boost network capacity by several Tbps in East Asia.
Antony Li, APAC Head of Sales, states, “CDNetworks understands the unique needs of East Asian enterprises. Our experience in emerging markets and robust infrastructure enable us to provide essential support. We help companies in media, entertainment, gaming, and e-commerce seamlessly enter new territories with the reliability and scalability they need globally.”
Hashtag: #Digitaltransformation #DigitalInfrastructure #GlobalExpansion
https://www.cdnetworks.com/
https://www.linkedin.com/company/cdnetworks
https://x.com/CDNetworks
https://www.facebook.com/cdnetworksglobal
The issuer is solely responsible for the content of this announcement.
About CDNetworks
With over 2,800 global PoPs, CDNetworks delivers the fastest and most secure digital experiences to end users. Our diverse products and services include web performance, media delivery, cloud security, and colocation services — all designed to spur business innovation. Visit cdnetworks.com and follow us on
LinkedIn.
“Sulfuric Fire Fishing” Tours Await Sustainability-Minded Visitors in Jinshan June-Sept

NEW TAIPEI CITY, TAIWAN – Media OutReach Newswire – 12 July 2024 – In tandem with the global push towards SDGs, the North Coast and Guanyinshan National Scenic Area (NCGNSA) Administration under the Ministry of Transportation and Communications is actively promoting sustainable tourism. The initiative, also intended to further forward environmental education, aims to help local and international visitors learn more about the area’s natural ecology and cultural heritage. In the spotlight is Sulfuric Fire Fishing, a century-old fishing practice unique to Jinshan. To preserve this traditional treasure and promote eco-friendly fishing practices, the NCGNSA Administration teams up with local sulfuric fire fishing operators and travel agencies to offer experience-it-yourself tours in Jinshan from June to September each year. Visitors from around the world are invited to the NCGNSA for this one-of-a-kind experience and help spread the charm of Jinshan’s Sulfuric Fire Fishing internationally.

Sulfuric Fire Fishing, or benghuozi in Chinese, is a fishing practice unique to Taiwan’s North Coast. A spectacularly moving musical seems to unfold on the night sea when fishing boats light up one after another. “Huanggang Fishing Port Fires” has thus long been known as one of Jinshan’s eight scenic attractions. Taking a benghuozi tour allows you to visit the culturally distinct fishing village of Jinshan’s Huanggang, enjoy fishermen’s cuisine such as calamari rice noodle soup, and appreciate the beauty of the North Coast from the sea. As night falls, there is also the opportunity to witness how fishermen brave the sea up close and share the joy of a bountiful catch.
Chen Yu-chuan, director of the NCGNSA Administration, said that the scenic area boasts world-class landscapes as well as invaluable cultural assets. Attractions like the millennia-old geological wonder Yehliu Geopark and the award-winning Heping Island Geopark stand out among must-visit destinations for both domestic and international visitors.
Hashtag: #SulfuricFireFishing
The issuer is solely responsible for the content of this announcement.
Metro Finance and BNI Hong Kong co-create “Top 100 Business Awards” Across 10 Key Industries

HONG KONG SAR – Media OutReach Newswire – 11 July 2024 – Metro Finance and BNI Hong Kong, the world’s leading business networking and referral organization, jointly hosted the inaugural “Top 100 Business Awards 2024” Award Presentation Ceremony on July 10 at the Hong Kong Convention and Exhibition Centre. The event was attended by over 2,000 BNI business leaders from different countries and regions. The ceremony honored companies and professionals from ten key industries in Hong Kong for their innovation, transformation, and outstanding contributions amidst challenging times. A forum themed “Co-creating: Enhancing the Development and Competitiveness of Hong Kong’s Ten Industries” was also organized, where business leaders shared insights on managing their businesses and promoting the recovery and growth of Hong Kong’s business community.

The Guests-of-Honor included Mr. Joseph Chan Ho Lim, JP, Under Secretary for Financial Services and the Treasury; Dr. Bernard Chan Pak Li, JP, Under Secretary for Commerce and Economic Development; Mr. Sung Man Hei, Managing Director of Metro Broadcast Corporation Limited; Mr. Steven Ma Chun Wai, Chief Operating Officer of Metro Broadcast Corporation Limited; Mr. Stanley Kong, Executive Director of BNI Hong Kong & Macau, China and Ms. Stella Yung, Executive Director of BNI Hong Kong & Macau, China. They were joined by members of the esteemed judging panel to officiate the opening ceremony. Ms. Lilian Cheong Man Lei, JP, Under Secretary for Innovation, Technology and Industry was invited to deliver a speech to congratulate the Top 100 winners. The event also brought together BNI Hong Kong members, other distinguished entrepreneurs, and professionals to gather, exchange ideas, share experiences, and spark new thinking for the market.
The “Top 100 Business Awards” aimed to recognize the outstanding performers in Hong Kong’s top 10 industries: “Medical, Health & Sports”, “Construction & Environmental Hygiene”, “Professional & Corporate Services”, “Finance, Investment & Real Estate”, “Information Technology & Innovation”, “Education & Training”, “Lifestyle & Family Services”, “Food & Beverage”, “Distributors & Factories”, and “Marketing & Exhibitions”.

The winners in each of the 10 industries were selected by a distinguished judging panel. The judging panel included: Dr. Wingco Lo Kam Wing, President of The Chinese Manufacturers’ Association of Hong Kong; Mr. Simon Wong Kit Lung, BBS, JP, Chairman of Quality Tourism Services Association; Mr. Simon Wong Ka Wo, BBS, JP, Honorary Chairman of Hong Kong Brand Development Council and President of Hong Kong Federation of Restaurants and Related Trades; Ir. Ho Chi-Shing, Chairman of the Hong Kong Quality Assurance Agency; Mr. Gary Yeung Man Yui, President of Hong Kong Smart City Consortium; Dr. Michael Chan Yue Kwong, Honorary Chairman of the Marketing Institute of Hong Kong; Dr. John Leung Wai Keung, Director of Institute of Continuing and Professional Education, Hang Seng University; Ir. Dr. Cary Chan, MH, JP, Honorary Advisor, Asia Energy Studies Centre and Mr. Stanley Kong, Executive Director of BNI Hong Kong & Macau, China.
The judging panel conducted a rigorous and fair assessment based on five criteria, including “Tradition meets innovation”, “Market Share”, “Customer Satisfaction”, “Lifelong Learning” and “Positive Attitude towards the Industry”, with each category accounting for 20% of the total score. The winners were truly deserving of this prestigious honor, having excelled across these critical performance areas.
The forum, themed “Co-creating: Enhancing the Development and Competitiveness of Hong Kong’s Ten Industries”, was organized and steered by China Construction Bank (Asia). Several prominent business leaders were invited to share their successful stories, including insights on how to “co-create” and “elevate” their companies to new heights of success and competitiveness. The speakers at the forum included Mr. Allbert Chuang Ka Pun, Vice President of The Chinese Manufacturers’ Association of Hong Kong (CMA); Dr. Michael Chan Yue Kwong, Honorary Chairman of the Marketing Institute of Hong Kong; Mr. Simon Wong Ka Wo, BBS, JP, Honorary Chairman of Hong Kong Brand Development Council and President of Hong Kong Federation of Restaurants and Related Trades; and Mr. Vincent Tsui, Chief Investment Strategist, Private Banking Division, China Construction Bank (Asia). The audience benefitted a lot from their sharing and insights.
As an international business networking organization, BNI aims to build connections and transform business models. Over the years, it has helped companies and professionals across more than a dozen industries to expand their business opportunities. With over 5,000 active members in Hong Kong and Macau, BNI has emerged as a major driving force in Hong Kong’s business development.
Metro Broadcast Corporation and BNI, both sharing a common philosophy, collaborated to launch the “Top 100 Business Awards”. The objective was to promote the development of 10 key industries in Hong Kong and the Greater Bay Area. The awards also recognized BNI’s member organizations and professionals for their efforts in innovation, transformation and breakthrough amidst the challenges faced in Hong Kong and the Greater Bay Area. It provided a platform for the winners to share their successful experiences, strategies, and their contributions to their respective industries and the community.
After a rigorous evaluation by the 9-member judging panel, 86 companies across 10 categories were awarded the “Top 100 Business Awards 2024”. The list of winners is provided below:
“Professional & Corporate Services” Category:
- Chief Happiness Officer Association Limited
- Lucky Champ Ltd.
- Wan Yeung Hau & Co.
- Gallant Biotechnology Limited
- Million Trustful CPA Limited
- Proreg Intellectual Property Consulting Limited
- Epro Techsoft Ltd.
- We Boosting Consulting Limited
- Fundmax Consultant Limited
- Sino-Bridge China Consulting Ltd.
- 369 Co-op Town Limited
- Life Harmony International Limited
- One Step Ahead Advisory Limited
- Harry Chan, General Practice Surveyor
- Tony P.H. Leung, CPA (Practising)
- Paul Kam Ching Chan, PAUL K.C. CHAN & PARTNERS
“Construction & Environmental Hygiene” Category:
- VIEWCO Building Services & Engineering Company Limited
- Branding Works
- Infinite Engineering HK Limited
- Vision Interior Design Limited
- Centre Faith Global Company Limited
- Helix Contracting Limited
- Brockhouse Asia Company Limited
“Finance, Investment & Real Estate” Category:
- Emperio Group
- Red Sun Capital Limited
- BBMSL Limited
- Westart Limited
“Information Technology & Innovation” Category
- SquareDog Robotics Limited
- Evergreen Silver Tsunami Marketing Limited
- HK Mall Limited
- Guardman Products Limited
- Egogo Holdings Limited
- Tronico Technology Company Limited
- Taxieco New World Limited
“Medical, Health & Sports” Category
- Han-Fang Chinese Medicine Company Limited
- Phoelia (Far East) Co. Ltd.
- HQ Hair Therapy Limited
- AJC investment Ltd.
- VCARE International Medical Limited
- Dr Bertram Hair Transplant
- Winhorizon Ltd.
- Berlin Optical
- Go Share Health Nutrigenomics Limited
- BodyVStore Limited
- Lumas Hairlab
- Me Paincare Limited
- Dr. Marco Kong, Ph.D. Optometrist (Part 1)
“Food & Catering” Category:
- Lei Yue Mun Shiu Heung Yuen Ltd.
- Farm House
- Golden Lilies Banquet Hall
- Ancient Wines Ltd.
- Sun Fat Heung Food Products Limited
- Fruit n Food Limited
- Wah Yuen Chiu Chow Cuisine
- Charming International (HK) Group Limited
- Yue Po Engineering Company Ltd.
- Golden Source Global Ltd.
- VEG Concepts Ltd. – Woodlands
“Distributors & Manufacturers” Category:
- Wing Wai Packaging & Printing Company Limited
- Champs Motor Dealer Co. Ltd.
- Prime Auto Parts & Supplies Ltd.
- Healthy Giant Limited
- Shang Healthcare Limited
- Exolution Ltd.
- Daitima Skin Care Products Limited
“Lifestyle & Family Services” Category:
- Violets Jewellery Company
- Thanksgiving Life Limited
- Tong Fook Undertakers Company
- Tai Pan Row Tailors Ltd.
- Attilio Fine Jewelry Company Limited
- One Flower Design and Craft Limited
“Education & Training” Category:
- Healthymind Parents Academy Limited
- MiQ Image Co. Ltd.
- HKNS Learning System Limited
- 10X Growth Academy Limited
- NG Music Academy Limited
“Marketing & Exhibition” Category
- Wai’s Mask Illusion Entertainment Company
- Baobab Tree Event Management Company Limited
- Summery Creation Limited
- The Fox Creation Company Limited
- Sky Region Production Limited
- Nirvana E Commerce Company
- Travel Club HK Limited
- TexWood (HK) Media
- KaChick
- Maxi Communications Ltd
Hashtag: #Top100BusinessAwards #MetroFinance #BNIHongKong
The issuer is solely responsible for the content of this announcement.
Global Launch: CRRC Unveils Seven New Energy Locomotives for the First Time

BEIJING, CHINA – Media OutReach Newswire – 11 July 2024 – On June 28, Beijing time, CRRC unveiled a series of new energy locomotives for the first time globally in Beijing. A report on the carbon footprint of new energy locomotives was released, and the Initiative on Carbon Footprint of Rail Transit Equipment was proposed.

7 types of real-locomotive representatives made their debut at the launch conference. New energy locomotives can achieve low-carbon and zero carbon emissions, low-noise, and high-efficient operation, effectively solving the problems of “high fuel consumption, high emissions, high noise, and poor driving experience” in old diesel locomotives. The power of these serialized new energy locomotives range from 1000 kW to 2000 kW, which can cover all scenarios of user operation conditions, and each power level has three power configurations of “diesel engine + power battery”, “power battery”, and “hydrogen fuel cell”, providing users with different options.
According to the carbon footprint data of new energy locomotives calculated based on standard operating conditions and using green electricity, each “power battery” locomotive reduces carbon footprint by 94.2%, which can reduce carbon emissions of 4,076 tons, equivalent to the carbon dioxide absorbed by 1 million trees and 200 hectares of forest in a year. The carbon footprint of the “diesel engine + power battery” locomotive during the operation is reduced by 61.7%, which can reduce carbon emissions of 2,735 tons, equivalent to a carbon dioxide reduction of 54.7 million kilometers by bicycle, nearly 1,367 loops around the Earth’s equator.
The development of new energy locomotives has promoted the in-depth application of green and low-carbon technologies in the transportation field, conforming to the global concept of green environmental protection and sustainable development. It has a positive significance in accelerating the transformation of old diesel locomotives into new energy and driving the updating, iteration, and upgrading of existing rail transit equipment. With the increasing global attention to environmental issues, new energy locomotives, as a low-emission and low-noise means of transportation, will be more and more favored by countries around the world.
CRRC’s serialized new energy locomotives unveiled for the first time are destined to become a new milestone in the development of the global rail transit industry. These serialized new energy locomotives originate from China and also belong to the world. In the future, they will effectively expand and deepen practical cooperation in new fields, and have a profound impact on the industry.
Hashtag: #CRRC
The issuer is solely responsible for the content of this announcement.