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SK Telecom Unveils A.X K1, Korea’s First 500B-Scale Hyperscale AI Model

  • SKT consortium conducts Korean government’s ‘Sovereign AI Foundation Model’ project with A.X K1, positioning Korea for Global Top 3 AI Powers
  • A.X K1: Korea’s first ‘Teacher Model’ for smaller and specialized applications
  • SK Telecom realizes AI as public good, advancing Korean government’s ‘AI for Everyone’ with 20 million-user service foundation
  • SKT consortium’s full-stack AI ecosystem positioned to serve as national AI infrastructure

SEOUL, South Korea, Dec. 28, 2025 /PRNewswire/ — SK Telecom (NYSE: SKM) today unveiled ‘A.X K1,’ Korea’s first hyperscale artificial intelligence (AI) model with 519 billion (519B) parameters.

A.X K1 (519B-A33B) is poised to serve as the core foundation for Korea’s ambition to become a top-three global player in the AI race, following the U.S. and China. The model marks the beginning of a full-stack AI ecosystem, encompassing all areas from semiconductors to services.

500BScale to Power Korea’s AI Ecosystem as a ‘Teacher Model’

A.X K1, Korea’s first hyperscale AI model, represents a significant milestone in enhancing the global competitiveness of Korean AI within a landscape currently dominated by the U.S. and China.

Unlike knowledge-consuming AI models, A.X K1 functions as a ‘Teacher Model’ — a provider of knowledge — enabling knowledge transfer to smaller models, particularly those below the 70B-scale. It also serves as foundational digital social overhead capital (SOC) for the AI ecosystem. The SKT consortium will expand research to enable A.X K1 to transfer knowledge to smaller and specialized models, driving innovation for Korea.

At scales above 500 billion parameters, AI models demonstrate more stable performance in complex mathematical reasoning and multilingual understanding, according to global cases. These enhanced capabilities enable advanced tasks such as high-complexity coding and agent-based execution.

Promotes AI as Public Good, Advancing ‘AI for Everyone’ Through Services Already in Active Nationwide Use

The SKT consortium plans to strengthen nationwide AI accessibility by offering A.X K1 through A. (A-DoT), which has over 10 million subscribers. The consortium aims to build an ‘AI for Everyone’ framework, enabling the public to easily access AI via phone calls, text messages, the web and applications.

Liner, a member of the SKT consortium, operates expert knowledge search services for more than 11 million global subscribers. Expectations are high that it will provide highly accurate and reliable search services in multiple languages with A.X K1.

A.X K1 is also expected to boost industrial competitiveness through AIX — including solutions such as A. Biz for manufacturing, real-time character dialogue and autonomous behavior in Krafton’s games, and humanoid AI robots.

Additionally, A.X K1 will serve as a testbed to validate the competitiveness of Korea’s semiconductor industry. An AI model capable of operating at a non-standard scale of workload (500B or more) is indispensable for practically verifying memory bandwidth and inter-GPU communication speed, which are key performance bottlenecks in high-performance AI semiconductors.

Building a Full-Stack AI to Advance Korea’s Global Top-Three AI Strategy

The SKT consortium’s business strategy, including SK Telecom’s 500B-scale AI model, aligns with Korea’s national goal of becoming one of the world’s top three AI nations.

In this global race, success depends not only in the performance of individual models but also on a nation’s ability to scale and operate AI at a national level.

The SK Telecom-led SKT consortium includes eight organizations: SK Telecom, Krafton, 42dot, Rebellions, Liner, SelectStar, Seoul National University, and KAIST. Together, they have built a full-stack sovereign AI platform based entirely on proprietary technologies across the entire value chain, including AI semiconductors, AI data centers (AIDCs), AI models and AI services.

Building on LLM development efforts since 2018, each consortium member contributed specialized expertise: Liner enhanced accuracy through expert-level information retrieval technology; SelectStar ensured reliability through large-scale data construction and validation; Krafton provided scalability from global multimodal R&D experience; 42dot strengthened versatility through its on-device AI technology; and Rebellions improved efficiency with domestically developed NPU technology.

Already, more than 20 institutions, including major affiliates such as SK hynix, SK Innovation, SK Broadband, the Chey Institute for Advanced Studies and the Korea Foundation for Advanced Studies, have submitted letters of intent to participate. These institutions have agreed to utilize and validate A.X K1 together in real-world field settings.

The consortium plans to release A.X K1 as open-source to companies across Korea’s AI ecosystem. Through major developer communities and SK Telecom platforms, the consortium will provide open-source access and APIs to foster an environment for seamless AI agent development.

Additionally, the consortium will establish an integrated support framework for AI model development and disclose portions of the training data used for model development through public and private platforms, boosting Korea’s overall AI competitiveness.

“This marks a new inflection point in Korea’s journey toward becoming one of the world’s top three AI nations amid intensifying global competition,” said Kim Tae-yoon, Head of Foundation Model Office at SK Telecom. “As Korea’s leading AI company, we will continue driving our efforts to deliver AI for Everyone.”

About SK Telecom

SK Telecom has been leading the growth of the mobile industry since 1984. Now, it is taking customer experience to new heights by extending beyond connectivity. By placing AI at the core of its business, SK Telecom is rapidly transforming into an AI company with a strong global presence. It is focusing on driving innovations in areas of AI Infrastructure, AI Transformation (AIX) and AI Service to deliver greater value for industry, society, and life.

For more information, please visit our LinkedIn page www.linkedin.com/company/sk-telecom.

RKTech Invests in Entropy, Unlocking Access to Two Million LATAM Technology Professionals

DALLAS, Dec. 27, 2025 /PRNewswire/ — RKTech announced a strategic investment in Entropy, a fast-growing U.S. IT services firm with a strong presence across seven countries in Latin America and Europe. This marks RKTech’s first investment in a U.S. firm since receiving strategic backing from Sumitomo – one of the biggest Japanese conglomerates.

The investment expands RKTech’s global delivery capabilities and unlocks direct access to Latin America’s deep and growing technology talent market.

Latin America has emerged as a preferred nearshore destination for U.S. businesses due to its strong time zone alignment and cultural proximity, enabling faster and more effective collaboration.

As a result, this partnership advances RKTech’s Best Shore Initiative – a hybrid delivery model combining onshore expertise, nearshore agility, and offshore scale. By integrating Entropy’s nearshore teams with their offshore operations, RKTech strengthens communication, facilitates continuous delivery cycles, and improves development speed.

This ability to deliver cost efficiency, speed, and scale has become increasingly critical as businesses demand clearer ROI amid AI disruption and tightening H1B constraint.

According to RKTech CEO Tung Bui:
“Expanding into Latin America, following Sumitomo’s investment, strengthens RKTech’s global delivery model. Combined with our established Centers of Excellence in Asia, this partnership allows us to address time zone gaps and scale effectively for global clients.”

Gerardo Rosciano, Co-Founder of Entropy, added:
“Entropy has always focused on delivering not just great engineers, but the right engineers for each client’s needs. With RKTech, we can expand coverage across time zones, offer a broader range of pricing and skill sets, and scale our delivery model globally, without compromising quality”

Looking ahead, RKTech is excited to leverage this expanded global delivery model to empower client growth in the U.S. and around the world.

About RKTech:

RKTech, headquartered in Dallas, Texas, is a subsidiary of Rikkeisoft, Vietnam’s largest private technology company and an affiliated company of Sumitomo Corporation, one of Japan’s most respected global conglomerates. Leveraging a 2,000+-strong engineering organization and deep talent networks across Vietnam, Japan, Argentina, and India, RKTech delivers technology solutions across IoT and firmware, AI and data, cloud, and enterprise applications.

About Entropy

Entropy is a Miami-based IT services firm delivering high-quality engineering through top-tier talent across Argentina, Brazil, Colombia, Spain, Italia, and Portugal. Its strong delivery discipline and a human-centered approach enable the company to build high-performing teams with rapid onboarding and high retention.

LISEN Leads the Qi2.2 Era: 25W AI-Powered MagSafe Car Wireless Fast Charger Launches on Amazon, Redefining On-the-Go Power

NEW YORK, Dec. 27, 2025 /PRNewswire/ — LISEN, a global brand specializing in mobile charging and automotive accessory solutions, has officially launched the LISEN Qi2.2 25W MagSafe Car Charger on Amazon. Positioned as a next-generation in-car wireless charging solution, the product is designed to deliver ultra-fast wireless charging performance, intelligent temperature management, and more reliable long-term battery protection for modern smartphones.

The charger is officially Qi2.2 certified and MagSafe-compatible, supporting up to 25W wireless charging output for supported devices. Compared with traditional 15W MagSafe car chargers, it delivers a substantial improvement in charging efficiency and overall performance, representing the cutting edge of today’s wireless charging standards.


Ultra-Fast Power Boost: Making Every Minute on the Road Count

Optimized for real-world driving and commuting scenarios, the LISEN Qi2.2 MagSafe Car Charger delivers meaningful battery gains even during short trips. When paired with supported devices, users can gain up to 30% battery in approximately 10 minutes, or up to 60% charge in around 30 minutes, effectively supporting navigation, calls, and mobile productivity while on the move.

AI-Powered Temperature Control with Active Cooling: Full-Speed Charging, Even Under the Sun

To overcome the industry-wide limitation of MagSafe charging throttling caused by heat buildup, the LISEN engineering team integrated an AI-powered temperature control chip with an active airflow cooling system. The system monitors thermal conditions up to 300 times per second, precisely maintaining operating temperatures within an optimal range of 31–36°C.

Even during extended navigation sessions under intense sunlight—such as long drives in California summer conditions—the charger maintains high-speed wireless charging without performance drops. This approach helps protect battery health while ensuring smooth and reliable system operation.

Safer Charging for Extended Battery Longevity

Stable temperature control not only improves charging speed but is also essential for long-term battery health. By reducing overheating and minimizing power throttling, the LISEN Qi2.2 25W MagSafe Car Charger is designed to support safer charging and extended battery lifespan over time.

A Complete High-Power In-Car Charging Solution

The LISEN Qi2.2 25W MagSafe Car Charger is offered as a complete all-in-one kit, including:

  • A 65W dual-port car charger, providing ample power for high-speed wireless charging
  • Dashboard and air-vent mounting options, adaptable to different vehicle interiors
  • A durable USB-C to USB-C braided cable, built for long-term use

In addition, enhanced MagSafe-compatible magnets ensure secure attachment and precise alignment, maintaining stable charging even on uneven or challenging road conditions.

Future-Ready Design with a “User-First” Philosophy

Designed with device upgrades in mind, the charger supports existing MagSafe-enabled devices while allowing users to immediately benefit from faster Qi2.2 wireless charging when upgrading to next-generation smartphones—without the need to replace their in-car charging equipment.

“Qi2.2 marks an important milestone in the evolution of wireless charging,” said a LISEN spokesperson. “By combining certified 25W wireless fast charging, intelligent thermal management, and a complete high-power in-car charging solution, we aim to deliver a faster, safer, and more forward-looking charging experience for users on the road.”

Availability

The LISEN Qi2.2 25W MagSafe Car Charger is now available through Amazon’s official sales channel. With a promotional discount code LSPRW116 applied, bringing the price down to just $32.99. Global availability will continue to expand.

About LISEN

LISEN is a global brand focused on developing innovative charging and mobile accessory solutions. With performance, safety, and user experience at its core, LISEN offers products for home, office, and automotive environments, serving customers worldwide.

Mediakit: Instagram/Tiktok/Facebook/Youtube/X 
CONTACT: LisenMedia, LisenTech@gmail.com

Z.ai Releases GLM-4.7 Designed for Real-World Development Environments, Cementing Itself as “China’s OpenAI”

BEIJING, Dec. 27, 2025 /PRNewswire/ — On December 22, Z.ai released GLM-4.7, the latest iteration of its GLM large language model family. Designed to handle multi-step tasks in production, GLM-4.7 targets development environments that involve lengthy task cycles, frequent tool use, and higher demands for stability and consistency.

GLM-4.7 ranks #6 in WebDev and is the #1 open model.
GLM-4.7 ranks #6 in WebDev and is the #1 open model.

Built on GLM-4.6 with a Focus on Complex Development

GLM-4.7 is step forward over GLM-4.6 with improved functions for developers. It features robust support for coding workflows, complex reasoning, and agentic-style execution, giving the model greater consistency even in long, multi-step tasks, as well as more stable behavior when interacting with external tools. For developers, this means GLM-4.7 is a reliable tool for everyday production.

The improvements extend beyond technical performance. GLM-4.7 also produces natural and engaging output for conversational, writing, and role-playing scenarios, evolving GLM towards a coherent open-source system. 

Designed for Real Development Workflows

Expectations for model quality have become a central focus for developers. In addition to following prompts or plans, a model needs to call the right tools and remain consistent across long, multi-step tasks. As task cycles lengthen, even minor errors can have far-reaching impacts, driving up debugging costs and stretching delivery timelines. GLM-4.7 was trained and evaluated with these real-world constraints in mind.

In multi-language programming and terminal-based agent environments, the model shows greater stability across extended workflows. It already supports “think-then-act” execution patterns within widely used coding frameworks such as Claude Code, Cline, Roo Code, TRAE and Kilo Code, aligning more closely with how developers approach complex tasks in practice.

Z.ai evaluated GLM-4.7 on 100 real programming tasks in a Claude Code-based development environment, covering frontend, backend and instruction-following scenarios. Compared with GLM-4.6, the new model delivers clear gains in task completion rates and behavioral consistency. This reduces the need for repeated prompt adjustments and allows developers to focus more directly on delivery. Due to its excellent results, GLM-4.7 has been selected as the default model for the GLM Coding Plan.

Reliable Performance Across Tool Use and Coding Benchmarks

Across a range of code generation and tool use benchmarks, GLM-4.7 delivers competitive overall performance. On BrowseComp, a benchmark focused on web-based tasks, the model scores 67.5. On τ²-Bench, which evaluates interactive tool use, GLM-4.7 achieves a score of 87.4, the highest reported result among publicly available open-source models to date.

In major programming benchmarks including SWE-bench Verified, LiveCodeBench v6, and Terminal Bench 2.0, GLM-4.7 performs at or above the level of Claude Sonnet 4.5, while showing clear improvements over GLM-4.6 across multiple dimensions.

On Code Arena, a large-scale blind evaluation platform with more than one million participants, GLM-4.7 ranks first among open-source models and holds the top position among models developed in China.

More Predictable and Controllable Reasoning

GLM-4.7 introduces more fine-grained control over how the model reasons through long-running and complex tasks. As artificial intelligence systems integrate into production workflows, such capabilities have become an increasing focus for developers. GLM-4.7 is able to maintain consistency in its reasoning across multiple interactions, while also adjusting the depth of reasoning according to task complexity. This makes its behavior within agentic systems more predictable over time. Additionally, Z.ai is actively exploring new ways to deploy AI at scale as it develops and refine the GLM series.

Improvements in Front-end Generation and General Capabilities

Beyond functional correctness, GLM-4.7 shows a noticeably more mature understanding of visual structure and established front-end design conventions. In tasks such as generating web pages or presentation materials, the model tends to produce layouts with more consistent spacing, clearer hierarchy, and more coherent styling, reducing the need for manual revisions downstream.

At the same time, improvements in conversational quality and writing style have broadened the model’s range of use cases. These changes make GLM-4.7 more suitable for creative and interactive applications.

Ecosystem Integration and Open Access

GLM-4.7 is available via the BigModel.cn API and is fully integrated into the Z.ai full-stack development environment. Developers and partners across the global ecosystem have already incorporated the GLM Coding Plan into their tools, including platforms such as TRAE, Cerebras, YouWare, Vercel, OpenRouter and CodeBuddy. Adoption across developer tools, infrastructure providers and application platforms suggests that GLM-4.7 is being used into wider engineering and product use.

Z.ai to Become the “World’s First Large-Model Public Company”

Z.ai has announced that it aims to become the world’s first publicly listed large-model company by listing on the Stock Exchange of Hong Kong. This planned IPO marks the first time capital markets will welcome a listed company whose core business is the independent development of AGI foundation models.

In 2022, 2023, and 2024, Z.ai respectively earned 57.4 million RMB (~8.2 million USD), 124.5 million RMB (~17.7 million USD), and 312.4 million RMB (~44.5 million USD) in revenue. Between 2022 and 2024, the company’s compound annual revenue growth rate (CAGR) reached 130%. Revenue for the first half of 2025 was 190 million RMB (~27 million USD), marking three consecutive years of doubling revenue. During the reporting period, the company’s large-model-related business was its key growth driver.

GLM-4.7 Availability

Default Model for Coding Plan: https://z.ai/subscribe

Try it now: https://chat.z.ai/

Weights: https://huggingface.co/zai-org/GLM-4.7

Technical blog: https://z.ai/blog/glm-4.7

About Z.ai

Founded in 2019, Z.ai originated from the commercialization of technological achievements at Tsinghua University. Its team are pioneers in launching large-model research in China. Leveraging its original GLM (General Language Model) pre-training architecture, Z.ai has built a full-stack model portfolio covering language, code, multimodality, and intelligent agents. Its models are compatible with more than 40 domestically produced chips, making it one of the few Chinese companies whose technical roadmap remains in step with global top-tier standards.

Thailand, Cambodia Agree to ‘Immediate’ Ceasefire: Joint Statement

Thailand, Cambodia Agree to ‘Immediate’ Ceasefire: Joint Statement
This handout photo released by Agence Kampuchea Press (AKP) on December 27, 2025 shows Cambodia's defence minister Tea Seiha (L) and Thailand's defence minister Nattaphon Narkphanit (R) posing with documents during the special General Border Committee (GBC) meeting at a border checkpoint in Thailand's Chanthaburi province. Thailand and Cambodia agreed to an "immediate" ceasefire on December 27, 2025, the two countries said in a joint statement, pledging to end weeks of deadly border clashes. Photo by AGENCE KAMPUCHEA PRESSE (AKP) / AGENCE KAMPUCHEA PRESS (AKP) / AFP

AFP – Thailand and Cambodia agreed to an “immediate” ceasefire on Saturday, the two countries said in a joint statement, pledging to end weeks of deadly border clashes.

Crisis Management Centre Announces Global Release Of Founder’s Maiden Book on Reputational Security

NEW YORK, US / KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 27 December 2025 – The Crisis Management Centre today announced the global release of Reputational Security, the landmark new book by internationally respected crisis strategist, Nordin Abdullah, now available on Amazon and Kindle.

Positioned at the intersection of crisis leadership, geopolitical risk, and information-age security, the book introduces a transformative strategic framework for leaders navigating an environment where trust is fragile, supply chains are exposed, and reputational threats are increasingly weaponised by state and non-state actors.

In a world marked by accelerating geopolitical tensions across Asia and beyond, ranging from territorial disputes and economic realignments to political influence campaigns, Nordin argues that reputation has become a critical security asset, central to organisational stability and national resilience.

As global and regional dynamics shift, corporations face unprecedented exposure not only to operational disruptions but to coordinated reputational attacks aimed at destabilising industries, eroding stakeholder confidence, and undermining the integrity of critical supply chains.

“If you can build it, you can destroy it,” said Nordin emphasising that supply chains, especially in sectors such as energy, food, healthcare, technology, and infrastructure, are now highly vulnerable to misinformation campaigns designed to trigger public distrust, investor anxiety, or political pressure.

Misleading narratives can halt production, impede market access, or fracture partnerships, even in the absence of a real operational failure. For leaders navigating this new terrain, he said, “Reputational foresight is a strategic imperative, multiplied by the fierce urgency of now”.

Against this backdrop, Reputational Security examines how governments at every level – local, state, and national – must cultivate healthy, stable, confidence-building narratives to support economic growth, societal stability, and investor trust. Establishing the Crisis Management Centre, Nordin further emphasises that “consistent, credible communication ecosystems are vital to national resilience, particularly when adversaries exploit information environments to fuel social division, weaken institutions, or polarise public sentiment”.

He states that “by elevating crisis resilience from a reactive function to a pre-emptive discipline, organisations and governments can significantly reduce the severity and long-term impact of reputational shocks”.

Nordin makes clear that real crisis readiness begins long before trigger event occurs. The book highlights the structures leaders must build to ensure rapid decision-making, cross-agency coordination, transparent communication, and operational continuity are possible.

Drawing on more than 30 years of experience across Asia, Nordin presents a holistic model that blends intelligence analysis, geopolitical awareness, behavioural science, cybersecurity principles, cultural nuances and media architecture. The goal is equipping leaders with the tools and a strategic starting point to anticipate, mitigate, and recover from reputational harm in an AI-accelerated information environment. “Perception moves faster than facts, and influence campaigns have real world consequences,” says Nordin.

In publishing the book, Nordin acknowledges the exceptional creative contribution of Natasha Williams of Dazed Designs, whose design vision shaped the professional identity of Reputational Security. “Her ability to translate strategic concepts into compelling visual structure elevated the final publication to a truly world class level.”

Nordin also thanks the team at the Crisis Management Centre for their contributions to this book and the efforts to the countless crises handled together over the years. He expresses his ultimate gratitude, “I would be remiss if I did not thank my mother whose constant encouragement laid the foundation for the motivation to finish.”

For more information about Reputational Security and to secure a copy of Nordin’s latest book visit www.CrisisManagementCentre.com.

About the Author — Nordin Abdullah
Nordin Abdullah is a seasoned crisis and reputational management expert with over three decades of experience advising corporations, government agencies, and community leaders across the Indo-Pacific. Known for his calm, analytical approach under pressure, he has guided clients through politically motivated attacks, cyber threats, influence campaigns, and community-driven trust deficits. He operates from a simple but profound truth that at the heart of every crisis lies reputation of a leader, a team, an organisation, or a nation.

Reputational Security, the first book in Nordin Abdullah’s Strategic Crisis Management Series, outlines how misinformation has not only changed the rules of strategic communication but fundamentally altered the global risk landscape. In defining the emerging discipline, Nordin notes, “We have all kinds of security, from border security to cyber security, but the one thing people hold dearest is their own reputation, which is a massive gap. It must be secured and understood as an asset under constant threat.”

His next book in this series, Cognitive Influence and Corporate Warfare, explores how grey-zone tactics are increasingly used to target corporations, destabilise leadership teams, disrupt regional markets, and influence the political environments in which businesses operate.

Nordin is the founder of the Crisis Management Centre, an organisation dedicated to assisting leaders build resilience long before crisis hits, enabling institutions not only to withstand adversity but to emerge stronger, more united, and strategically aligned with their own idea of a sustainable future.
Hashtag: #NordinAbdullah

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

Can Gio Awakens as Ho Chi Minh City’s Next Growth Frontier

After decades of quiet, Can Gio is awakening on Vietnam’s southern coast, as fresh investment and grand designs breathe new life into the once-remote district of Saigon.


HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 27 December 2024 – Six months after the groundbreaking of a 2,870-hectare coastal urban project backed by Vingroup, Vietnam’s largest private conglomerate, Can Gio, once seen as a forgotten corner of Ho Chi Minh City, is now emerging as a new growth engine for Vietnam’s southern metropolis.

Vinhomes Green Paradise: A Hidden Gem Poised to Shine in Vietnam’s Real Estate Market.
Vinhomes Green Paradise: A Hidden Gem Poised to Shine in Vietnam’s Real Estate Market.

Breaking Isolation

For years, Can Gio was often left out of the city’s rapid development. Surrounded by dense forests and accessible mainly by ferry, it remained a world apart. Now, that is beginning to change.

Six months ago, the large-scale land reclamation project officially started construction. Locals call it a “game changer” that awakened a land long left behind. Along the coast that once lay quiet, a vast construction site has emerged, with heavy machinery working day and night. “I was very surprised by the speed,” said Prof. Pham Van Song, president of the Mien Dong University of Technology, noting that hundreds of hectares have already been filled and stabilized within months.

The project, developed by Vingroup through its real estate arm Vinhomes, represents one of the group’s most ambitious coastal developments, part of a long-term vision to extend Ho Chi Minh City’s urban footprint toward the sea. With billions of U.S. dollars in investment, it combines housing, tourism, and modern infrastructure within a single master plan that anchors Can Gio’s transformation.

Complementing this project, a series of major infrastructure works are also reshaping the district. By the end of 2025, the Phu My Hung–Can Gio high-speed railway, designed to reach 350 kilometers per hour, is expected to begin construction, linking the area to the city’s southern urban core. In 2026, the long-awaited Can Gio Bridge will break ground, cutting the journey to the city center to around 45 to 60 minutes.

At the same time, the Rung Sac interchange, with an investment of 3,000 billion VND (about 120 million U.S. dollars), will connect Can Gio directly with the Ben Luc–Long Thanh Expressway. Expected to be completed in 2028, it will link Can Gio with both the Southwest and Southeast regions, including Long Thanh International Airport.

In addition, a sea-crossing expressway between Can Gio and Vung Tau, 50 meters wide and proposed by Vingroup, would stretch across the sea for more than 10 kilometers. The plan envisions a wide eight-lane road that could reduce travel between Can Gio and Vung Tau to under 15 minutes, creating a strategic connection between the two coastal economies.

These efforts fit within a broader regional plan that combines road, rail, water, and sea transport. Another key project is the Can Gio International Transshipment Port, covering 571 hectares with an investment of 50,000 billion VND. The port is designed to become a new symbol of Vietnam’s maritime economy, with its first phase scheduled to begin operations in 2027 and full completion before 2045.

“A Single Project Ignites the South”

According to Prof. Pham Van Song, the rise of Can Gio is a natural development, especially with the involvement of Vingroup through its Vinhomes Green Paradise project. He believes that Can Gio is moving from an ecological area on the fringe of development to a new center of growth. “All modes of transportation will be available in Can Gio,” he said. “The district’s GRDP will grow rapidly in line with ongoing construction and investment. Both the number of residents and visitors will surge. Local people will be the first to directly benefit from these projects, and their lives will become increasingly prosperous.”

The changes are already drawing attention from investors. Dinh Minh Tuan, southern regional director of Batdongsan.com.vn, said the number of searches related to Can Gio has tripled since the beginning of the year. After the Vinhomes Green Paradise project broke ground, property interest in the district doubled again. “Just one single project has heated up the entire southern market,” he said.

Experts say this follows a familiar pattern. In the 1990s, Nguyen Van Linh Boulevard helped turn southern Ho Chi Minh City into a thriving area and drew nearly two million residents. In the 2010s, the completion of the Thu Thiem Tunnel and Bridge attracted more than one million people to the city’s east. “Investors who followed the infrastructure development wave then saw huge gains,” Tuan noted. “Can Gio now stands at a similar starting point, but with a stronger push.”

With a population of about 80,000, Can Gio has long faced a single challenge: lack of connectivity. But, “with the series of large-scale investments now under way, Can Gio is expected to grow faster than many of the city’s earlier new urban areas,” said Tuan.
Hashtag: #Vinhomes

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

NetEase Announces Management Change

HANGZHOU, China, Dec. 27, 2025 /PRNewswire/ — NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, “NetEase” or the “Company”), a leading internet and game services provider, today announced that after 23 years with the Company, Yingfeng Ding has decided to retire from his position as Executive Vice President and head of the Interactive Entertainment Group, a part of NetEase’s online games division, effective December 31, 2025. 

“We extend our sincere gratitude to Mr. Yingfeng Ding for his dedication and contributions,” said Mr. William Ding, Chief Executive Officer and Director of NetEase. “He played a pivotal role behind the success of our flagship titles and was instrumental in building our R&D and operational capabilities.”

Mr. Yingfeng Ding will remain a consultant to NetEase in 2026 following his retirement.

About NetEase, Inc.

NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, “NetEase”) is a leading internet and game services provider centered around premium content. With extensive offerings across its expanding gaming ecosystem, the Company develops and operates some of the most popular and longest-running mobile and PC games available in China and globally.

Powered by one of the largest in-house game R&D teams focused on mobile, PC and console, NetEase creates superior gaming experiences, inspires players, and passionately delivers value for its thriving community worldwide. By infusing play with culture, and education with technology, NetEase transforms gaming into a meaningful vehicle to build a more entertaining and enlightened world.

Beyond games, NetEase service offerings include its majority-controlled subsidiaries Youdao (NYSE: DAO), an intelligent learning and advertising solutions provider, and NetEase Cloud Music (HKEX: 9899), a well-known online music platform featuring a vibrant content community, as well as Yanxuan, NetEase’s private-label consumer lifestyle brand.

For more information, please visit: http://ir.netease.com/.

Forward Looking Statements

This announcement contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar expressions. In addition, statements that are not historical facts, including statements about NetEase’s strategies and business plans, its expectations regarding the growth of its business and its revenue and the quotations from management in this announcement are or contain forward-looking statements. NetEase may also make forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in announcements made on the website of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. The accuracy of these statements may be impacted by a number of business risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, including risks related to: the risk that the online games market will not continue to grow or that NetEase will not be able to maintain its position in that market in China or globally; risks associated with NetEase’s business and operating strategies and its ability to implement such strategies; NetEase’s ability to develop and manage its operations and business; competition for, among other things, capital, technology and skilled personnel; potential changes in regulatory environment in the markets where NetEase operates; the risk that NetEase may not be able to continuously develop new and creative online services or that NetEase will not be able to set, or follow in a timely manner, trends in the market; risks related to evolving economic cycles and geopolitical tensions, including the direct or indirect impacts of national trade, investment, protectionist, tax or other laws or policies as well as export controls and economic or trade sanctions; risks related to the expansion of NetEase’s businesses and operations internationally; risks associated with cybersecurity threats or incidents; and fluctuations in foreign currency exchange rates that could adversely affect NetEase’s business and financial results. Further information regarding these and other risks is included in NetEase’s filings with the SEC and announcements on the website of the Hong Kong Stock Exchange. NetEase does not undertake any obligation to update this forward-looking information, except as required under applicable law.

Contact for Media and Investors:
Email: ir@service.netease.com
Tel: (+86) 571-8985-3378