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Bybit Signs MOU with Da Nang People’s Committee to Advance Vietnam’s Digital Asset Future

DUBAI, UAE, Sept. 17, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announced the signing of a Memorandum of Understanding (MOU) with the People’s Committee of Da Nang City, the Abu Dhabi Blockchain Center (ADBC), and Verichains Network Security Company Limited. This milestone underscores Bybit’s commitment to supporting Vietnam’s digital asset ecosystem and deepening long-term cooperation in building Da Nang into a hub for international finance and innovation.

Da Nang, one of Vietnam’s largest cities and a major economic center, has been approved to deploy a blockchain sandbox — making it a natural location for the country to pilot progressive policies and attract international partnerships in digital assets and blockchain technology. Under the MOU, the partners will jointly support the city’s vision to establish an International Financial Center (IFC) through three core pillars:

  • Digital asset liquidity to connect Da Nang with global financial markets.
  • Ecosystem connectivity to link Vietnam with leading international finance hubs.
  • Infrastructure security to ensure a resilient, risk-controlled environment for blockchain innovation.

The partnership is key to translating national strategies into local implementation, ensuring that the IFC model is both policy-flexible and risk-controlled – minimizing exposure to threats targeting digital asset ecosystems.

The MOU underscores mutual commitments. Da Nang will facilitate administrative procedures for the partners to invest, open offices, and integrate into the IFC. In turn, Bybit and its partners will offer policy consultation on digital assets and blockchain technology, share international best practices, and support Da Nang in building a modern regulatory framework.

Helen Liu, Co-CEO of Bybit, said:

“Vietnam is an inspiring example of a nation embracing digital transformation, and we are honored to contribute to its journey. Bybit is committed to sharing our global expertise in blockchain and digital asset innovation to support Da Nang’s vision of becoming an International Financial Center. This partnership reflects our belief in building sustainable ecosystems hand in hand with governments, institutions, and trusted partners.”

This collaboration builds on Bybit’s earlier engagement in Vietnam. In April 2025, Bybit Co-Founder and CEO Ben Zhou met with H.E. Nguyen Van Thang, Minister of Finance of Vietnam, at the Ministry of Finance headquarters in Hanoi. During the meeting, Bybit expressed strong support for Vietnam’s regulatory sandbox initiative and its vision to establish a safe, transparent, and innovation-friendly digital asset ecosystem. Discussions focused on the Government’s plan to launch a pilot sandbox mechanism to test the issuance and trading of crypto assets in a controlled environment, with robust safeguards such as Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols to protect investors and strengthen financial security.

Today’s MOU marks a natural continuation of these efforts, reaffirming Bybit’s role as a long-term partner in Vietnam’s digital transformation journey.

From left to right: Mr. Abdulla Al Dhaheri, CEO of Abu Dhabi Blockchain Center; Helen Liu, Co-CEO, Bybit; Mr. Ho Ky Minh, Permanent Vice Chairman of the Da Nang People’s Committee; and Mr. Nguyen Le Thanh, Founder and CEO of Verichains
From left to right: Mr. Abdulla Al Dhaheri, CEO of Abu Dhabi Blockchain Center; Helen Liu, Co-CEO, Bybit; Mr. Ho Ky Minh, Permanent Vice Chairman of the Da Nang People’s Committee; and Mr. Nguyen Le Thanh, Founder and CEO of Verichains

#Bybit / #TheCryptoArk / #IMakeIt

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: media@bybit.com

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China’s Exporter Adapts to New Economic Realities as Canton Fair Highlights Shift

GUANGZHOU, China, Sept. 17, 2025 /PRNewswire/ — The 137th China Import and Export Fair (Canton Fair) wrapped up in May 2025 with figures that underscore a pivotal shift in global trade. When buyer attendance from Europe and the United States grew 3.4%, emerging markets participation continued to rise. Countries along the Belt and Road Initiative sent 187,450 buyers, representing a 17.4% increase. Strong momentum was also seen from BRICS nations, which brought 72,417 buyers, a surge of 24.1%. Meanwhile, buyer attendance from RCEP member states reached 64,808, marking a 6.9% rise.

This trend reflects a broader rebalancing in the global economy. Amid persistent tariff pressures from the U.S. and mounting trade uncertainties, emerging markets are expanding their influence in global commerce and industry. Chinese companies are adapting quickly, moving beyond traditional markets and strengthening ties with developing economies. In the first half of 2025, China witnessed growing trade volume with over 190 countries and regions. 61 partners, up five year-on-year, had trade volume exceeding 50 billion yuan with China. China’s import and export with Belt and Road countries rose 4.7%.

Moreover, Chinese technology-intensive and high-value products have won broader recognition in developed and emerging markets alike. At the 137th Canton Fair, a Rwandan buyer, facing Africa’s digital shift, sealed a deal for LED/LCD displays to introduce smart solutions locally. A Pakistani buyer, noting the soaring demand for energy-saving appliances in his country, called the fair his top source for cost-effective, quality Chinese goods. These evolving demands are prompting Chinese companies to roll out new technologies, premium products, and innovative solutions tailored to emerging markets.

Leveraging its unmatched product portfolio and vast network of global buyers, the Canton Fair not only helps ease market entry barriers through its comprehensive offline supply chain connections but also opens new avenues for cross-border investment with its growing digital trade infrastructure. The Fair has connected Chinese exporters with new demand through thematic exhibitions, business matchmaking, and trade promotion programs. Additionally, its year-round online platform further enables suppliers and global buyers to interact seamlessly across time zones and geographies.

Looking ahead, the 138th Canton Fair, set to open in October, is expected to build on this momentum. As emerging markets continue to rise, the Fair is poised to play an even greater role in advancing trade cooperation and fostering mutual benefit in an evolving global economy.

For more information, please visit https://www.cantonfair.org.cn/en-US.


 

A New Wave of Technology Starts in Munich: CATL Bedrock Chassis Debuts at IAA


MUNICH, GERMANY – Media OutReach Newswire – 17 September 2025 – On September 8, 2025, CATL, a global leader in new energy technology, unveiled its next-generation chassis product—CATL Bedrock Chassis—at the IAA MOBILITY in Munich, Germany, marking its European debut. As the industry’s first integrated intelligent chassis capable of withstanding a 120 km/h Central Pole Crash Without Fire or Explosion, this product redefines the paradigm of automotive R&D and production in the era of electric intelligence with its three core features: outstanding safety, superior efficiency, and advanced intelligence.

CATL at IAA MOBILITY

CATL Bedrock Chassis adopts a decoupled design between the vehicle top hat and chassis, which shortens vehicle development cycles to 12–18 months and significantly reduces R&D costs. Its exceptional safety performance and modular architecture will provide revolutionary solutions for the global NEVs. CATL proposes a “1+1+1” localization cooperation model, consisting of “one chassis technology platform, one R&D chain, and one local brand operation system,” to offer chassis technology products and services to partners worldwide. This approach enables the rapid launch of market-competitive models, significantly lowers investment thresholds, and ensures high-quality product rollouts.

Its highly innovative product architecture and flexible business cooperation model are expected to trigger a new wave of innovation in new energy technology.

As of 2025, the CATL Bedrock Chassis has established collaborations with Chinese NEV brands such as AVATR, BAIC, and JAC, and is actively advancing partnerships with international automotive brands in Europe and Southeast Asia. Simultaneously, strategic collaborations have been formed with all-scenario intelligent mobility platform companies, including T3 Mobility and Ant Group, to further explore optimal lifecycle operations for Robotaxis and jointly drive innovation in the Robotaxi sector.

Hashtag: #CATL

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

Thai Authorities Arrest Lao National, Seize Over 2,200 Rounds of Guns

On 10 September, Thai authorities arrested Lao nationals, one case for smuggling 2,200 rounds of ammunition in Mukdahan province, Thailand. (Photo credit: MGR Online)

On 15 September, they arrested three Lao nationals in Khon Kaen for working illegally on tourist visas during a nationwide crackdown.

In the first case, Kalasin provincial police arrested Wichai Jaichuang, 24, a resident of Khon Kaen Province, who was wanted under a Criminal Court warrant for his role in cybercrime involving the use of bank accounts and phones.

During interrogation, Wichai revealed contacts with Lao nationals to procure around 2,000 rounds of 7.62 mm AK-47 ammunition in Mukdahan Province. Acting on this information, Kalasin authorities coordinated with Mukdahan police and staged a sting operation.

There, officers intercepted Sakhone Xaiyamoungkhoun, 21, of Savannakhet Province, Laos, who was carrying a sack. He attempted to flee but was quickly apprehended. 

A search revealed 2,214 rounds of 7.62 mm ammunition. Sakhone confessed that the ammunition had been supplied by a Lao man known as “Noy” and that he was tasked with delivering it to a buyer for THB 9,000 (approximately USD 283).

Authorities charged Sakhone with illegal possession of military ammunition and handed him, along with the seized evidence, over to Mukdahan investigators for legal proceedings.

On 15 September, in a separate operation in neighboring Khon Kaen Province, immigration police arrested three Lao nationals for working illegally on tourist visas. 

The individuals were identified as Khongma, 30; Sisoumung, 31; and Maithai, 21. All three remain legally permitted to stay in Thailand but were found to be employed without work permits.

Alteogen Receives European Commission Approval for Aflibercept Biosimilar, EYLUXVI® (ALT-L9)

  • EYLUXVI® is the second biosimilar approved for Alteogen following the launch of the Herceptin® biosimilar in China through its partner Qilu Pharmaceutical.

DAEJEON, South Korea, Sept. 17, 2025 /PRNewswire/ — Alteogen Inc. (KOSDAQ:196170) announced today that the European Commission (EC) has granted marketing authorization for EYLUXVI® (code name: ALT-L9), an Eylea® biosimilar co-developed by its subsidiary, Alteogen Biologics.

EYLUXVI® is Alteogen’s second approved biosimilar, following the approval of the Herceptin® biosimilar, further expanding Alteogen’s biosimilar portfolio. EYLUXVI® received final marketing authorization approximately two months after obtaining a positive opinion from the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) in July.

Eylea® (aflibercept) is a widely used blockbuster drug for ophthalmic diseases such as wet age-related macular degeneration (wAMD) and diabetic macular oedema (DME).

With the newly granted marketing authorization, EYLUXVI® is now approved for use across Europe including wAMD, macular oedema secondary to retinal vein occlusion (branch RVO or central RVO), DME, and myopic choroidal neovascularization (myopic CNV).

“EYLUXVI® is the first biosimilar product developed by Alteogen through independent in-house research, followed by global clinical development in collaboration with our subsidiary Alteogen Biologics, and has ultimately secured regulatory approval,” said Soon Jae Park, PhD, Chief Executive Officer of Alteogen. “Alteogen has expanded its capabilities not only through R&D, but also by gaining valuable experience with the European regulatory approval process. We remain committed to improving patient access to effective therapies for serious ophthalmic conditions, including macular degeneration.”

The EC approval was based on the Phase 3 clinical trials conducted by Alteogen Biologics in 12 countries, including Europe, South Korea and Japan from June 2022 to February 2024. The comparative clinical evaluation involving 431 wAMD patients demonstrated that EYLUXVI®‘s efficacy and safety are equivalent to Eylea®. The study’s results confirmed therapeutic equivalence and showed comparable safety profiles between the two treatments.

About Alteogen

Alteogen Inc. is a South Korea-based biopharmaceutical company that focuses on the development and commercialization of novel biologics such as Antibody-Drug Conjugates (ADCs), biobetters, and biosimilars. Alteogen’s portfolio includes clinical-stage long-acting therapeutic proteins and next-generation ADCs, developed by its proprietary NexP™-fusion and NexMab™ platform technology, respectively. It also developed a proprietary recombinant human hyaluronidase enzyme utilizing Hybrozyme™ technology, which enables the large volume subcutaneous administration of drugs that are typically administered as an IV infusion. The company was founded in 2008 and listed in KOSDAQ (196170.KQ). For more information, please visit: www.alteogen.com.

Contacts:

Alteogen Biologics Inc.
Jisung Song
Senior Vice President, Business Development
jisung.song@alteogenbio.com

Alteogen Inc.
Junseok Jang
Director, Corporate Communications & Investor Relations
jsjang@alteogen.com

 

Busways seals partnerships with key partners to build state-of-the-art B’EV Terminal Charging Hub in Senoko

SINGAPORE, Sept. 17, 2025 /PRNewswire/ — Singapore-based Busways Pte Ltd has partnered with key industry partners to develop the next-generation electric vehicle (EV) charging hub in Senoko, slated for launch in December 2025. The partnerships mark a milestone in Busways’ vision to strengthen Singapore’s EV charging ecosystem through scalable, integrated, and future-ready infrastructure.

From left to right: Mr. Martin Toh (Chief Executive Officer), Mr. Sunny Chong (Founder & Chairman) and Mr. Marcus Ng (Project Director).
From left to right: Mr. Martin Toh (Chief Executive Officer), Mr. Sunny Chong (Founder & Chairman) and Mr. Marcus Ng (Project Director).

The signing of these Memorandums of Understanding emphasises Busways’ commitment to sustainable transportation and represents the start of a long-term strategic collaboration that brings together the expertise of its key industry partners, including Cantal Electric Pte Ltd, Commslink Solutions Pte Ltd, Elsteel Techno (S) Pte Ltd, PlugIt Pte. Ltd., Schneider Electric Singapore Pte Ltd, StarCharge Energy Pte Ltd, Stratton Energy Pte Ltd , Tai Sin Electric Limited, Van Joo Industrial Engineering Pte Ltd, Veloc Solutions Asia Pte. Ltd., Voltality Pte Ltd and YOTAI Digital Energy Technology (Shenzhen) Co., Ltd.  Areas of specific cooperation include:

  • Smart software and systems: Development of a Charging Station Management System (CSMS) and related applications for hub operations.
  • Power distribution and cabling: Design, supply, and integration of switchboards, as well as low-voltage (LV) and direct current (DC) control cables.
  • Renewable energy integration: Incorporation of photovoltaic (PV) solar panels, wind turbines, and Battery Energy Storage Systems (BESS) to improve energy efficiency and reliability.
  • Charging solutions: Deployment and servicing of EV chargers from leading manufacturers to ensure high-performance.
  • Infrastructure fabrication: Customised metal fabrication and infrastructure components.

Mr. Martin Toh, CEO of Busways, commented: “Singapore is a natural hub for innovation and sustainability, and we see tremendous potential to shape the future of electric mobility here. This partnership brings together some of the best expertise in the industry to build infrastructure that will support Singapore’s shift. At Busways, we are committed to putting customers first and following through on our promises, and this project reflects that spirit. It shows what’s possible when companies come together with a shared goal.”

“This collaboration is a meaningful step forward for all of us involved. With Singapore’s EV market expanding quickly, there’s a clear need for charging solutions that are safe, scalable, and efficient, so we’re glad to bring our expertise into the mix and contribute to a bigger vision of making Singapore’s transport cleaner, smarter, and more reliable,” added Mr. Toh.

Set to launch in December 2025, the B’EV Terminal Charging Hub in Senoko will be a state-of-the-art facility designed to support a range of vehicles, including passenger cars, buses, and heavy-duty lorries, using DC fast charging technology. It will feature renewable energy systems, battery energy storage, and digital management tools to deliver an efficient, scalable, and seamless charging experience for both fleet operators and individual drivers.

About Busways Pte Ltd
Founded in 2006, Busways Pte Ltd is a leading Singapore-based M&E engineering solutions provider specialising in electrical power distribution, medium- and low-voltage busduct systems and switchgear. With a team of over 300 employees, Busways delivers large-scale projects across sectors including data centres, e-mobility, commercial buildings, construction, and other heavy industries. Committed to safety, precision, and innovation, Busways offers end-to-end services spanning custom metal fabrication, EV charging infrastructure, fire protection systems, and design-and-build solutions, backed by ISO 9001, 14001, and 45001 certifications and recognition such as the Enterprise 50 Award 2024.

For more information, visit www.busways.com.sg  and www.bevbusways.com.sg to learn more about B’EV Terminal Charging Hub’s full-fledged range of electric vehicle charger (EVC) services.

 

The future of video security: Poll finds surge in large-scale AI deployment

HANGZHOU, China, Sept. 17, 2025 /PRNewswire/ — Increasingly, AI is used in video security for various security and non-security objectives. Security-wise, AI can effectively detect intrusion and other suspicious events. Meanwhile, AI plays a key role in intelligent transportation, preventive maintenance and other non-security applications.

The future of video security: Poll finds surge in large-scale AI deployment
The future of video security: Poll finds surge in large-scale AI deployment

To boost the power of AI even further, large-scale AI models have emerged. Trained on large datasets, large-scale AI models promise to enhance detection accuracy, lower false alarm rates, and enable natural language-based smart search.

To get a further understanding on this rising AI technology, asmag.com and Hikvision have teamed up to conduct a survey examining large-scale AI models in video security.

75% are already adopting or planning to adopt large-scale AI-enabled devices

When asked “Are you currently using any products or solutions powered by large-scale AI models for video security,” over half, 55.4%, said yes, while 23.4% said no. Interestingly, nearly 20% said they were not using large-scale AI models at the moment but were are planning to. The responses highlight strong adoption rate and growth potential for large-scale AI models. Indeed, with the growing availability of large-scale AI products, such as Hikvision’s DeepinViewX cameras and AcuSeek NVRs, adoption of large-scale AI models is all but set to increase in the near term.

Large-scale AI models and their functionalities are often discussed in projects, specs, or client meetings

To the question “Have you recently seen large-scale AI models and their functionalities being discussed in projects, specs, or client meetings,” the responses strongly suggest the topic does come up on such occasions. The numbers are especially prominent for “intelligent object detection and classification,” where 57.7% of respondents say large-scale AI models are either “frequently discussed” or “actively influencing decisions.” This is followed by “automated security event detection and reporting” (57.1%) and “improved perimeter protection” (55.4%). The numbers highlight strong user awareness towards large-scale AI models, and discussions over the subject have even influenced users to acquire related products and solutions.

52% consider adoption “very important” for their future competitiveness 

To the question “How important do you think is adopting the latest large-scale AI models to the future of video security,” a significant 52.4% say it is “very important,” while 25.9% think it’s important. 18%, meanwhile, said it’s “moderately important.” This indicates users attach a greater importance to large-scale AI models, which are no longer viewed as a mere “nice-to-have” but may one day become a core component in video security.

Majority see clear operational value, including better efficiency and fewer errors

When asked “What value do you see in the emerging deployments or applications of large-scale AI models in video security so far,” a total of 73.4% cited “improved operational efficiency.” This is followed by: reduced human error (62%), better end-user experience (55.4%), and cost reduction (52.4%).

To explore the full survey findings and detailed industry insights on leveraging large-scale AI for video security, click here.

Adyen, Partner of LVMH, Redefines Payments in the Global Luxury Sector

PARIS, Sept. 17, 2025 /PRNewswire/ — Adyen, the global financial technology platform for leading businesses, is supporting LVMH, the world leader in luxury goods, in a major international initiative: the unification of payment systems across all of its Maisons.

Adyen’s solutions are live in nearly 50 of the group’s Maisons1 around the world, spanning fashion and leather goods, exceptional hospitality, watches and jewelry, beauty, and department stores.

As part of a strategy to strengthen synergies, LVMH is driving the adoption of best practices across its Maisons. The objective is to leverage the group’s most effective initiatives and scale them, while preserving each Maison’s unique identity and standards of excellence.

It was in this spirit that LVMH selected Adyen as its global payments partner in 2020, with the goal of unifying in-store and online payment infrastructures and delivering a seamless, high-end customer experience.

The implementation of Adyen’s solutions has delivered concrete benefits from the very first deployment phases, including:

  • A premium, frictionless in-store experience, notably with mobile terminals and Tap to Pay technology
  • A significant reduction in manual entry, saving time and minimizing errors
  • Automation of reconciliation and end-of-day processes
  • A unified approach to payments with a single partner covering all channels, geographies, and methods, through a harmonized integration

With more than 1,000 stores rolled out worldwide across Europe, APAC, the Americas, and more, the project’s success also relies on tailored, boutique-by-boutique support.

“This project is part of our broader ambition to deliver a flawless customer experience, reflecting the quality of our products and the craftsmanship of our Maisons,” says Arnaud Bodzon, Group Payment Director, LVMH. “This applies not only to end customers but also to the sales advisors using the solutions. They can now focus fully on their core role—advising and supporting our clients—without having to worry about payment processing.”

“Our partnership with LVMH reflects a shared vision: creating meaningful and effortless experiences for customers in the world of high-end retail,” commented Ethan Tandowsky, CFO at Adyen. “Beyond facilitating payments, we’re working together to elevate every touchpoint across LVMH’s Maisons to make sure shoppers have an experience which matches the luxury goods they are purchasing. I cannot wait to see what we can achieve together with LVMH in this next chapter.”

“Hands-on support is a key success factor when managing integration projects in a group like LVMH. Adyen’s expertise has enabled them to meet and adapt to our specific needs,” adds Arnaud Bodzon.

The unification continues to expand across more Maisons, strengthening a shared ambition: to deliver a payment experience that is elegant, efficient, and truly global.

About Adyen
Adyen (ADYEN: AMS) is the financial technology platform of choice for leading companies. By providing end-to-end payments capabilities, data-driven insights, and financial products in a single global solution, Adyen helps businesses achieve their ambitions faster. With offices around the world, Adyen works with the likes of Meta, Uber, H&M, eBay, and Microsoft.

1_Maisons_ is the French term for the group’s brands.