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Laos Welcomes Nearly 4.6 Million Tourists in 2025, Surpassing Annual Target

Patuxay, Vientiane Capital, Laos. This photo is used for representational purposes only.

Laos welcomed 4,580,709 tourists in 2025, an 11 percent increase year-on-year that surpassed the government’s target of 4.3 million visitors, according to the Tourism Development Department.

The growth continues a strong post-pandemic recovery trend. In 2024, Laos attracted over 4.1 million visitors, nearly one million more than in 2023, with the United Nations World Tourism Organization (UNWTO) ranking the country 13th globally among the world’s fastest-growing tourism destinations

Most visitors came from Thailand, Vietnam, and China.

Laos has also earned recognition as one of the world’s most economical travel destinations for 2026, according to Indie Traveller magazine. Featured in “26 Amazing Cheap Places You Should Travel to in 2026,” the country offers exceptional value, with budget-conscious travelers able to explore for approximately USD 25 daily. 

For 2026-2030, Laos targets to attract over 43 million total visitors, 21 million domestic and 22 million international tourists, averaging about 4.4 million annually, generating at least USD 13 billion in revenue, said Minister of Culture and Tourism Suansavanh Viyaket.

KuCoin Ranks Among Top Three Exchanges by Market Share Growth in TokenInsight’s 2025 Annual Report

KCS Records Counter-Cyclical Gains as KuCoin Leads the Industry in Spot Market Share Growth

PROVIDENCIALES, Turks and Caicos Islands, Jan. 16, 2026 /PRNewswire/ — KuCoin, a leading global cryptocurrency platform built on trust, has been recognized as one of the top three exchanges by annual market share growth in TokenInsight’s newly released 2025 Cryptocurrency Exchange Annual Report.

The report highlights KuCoin’s strong performance across multiple core indicators, underscoring its ability to deliver resilient growth amid an increasingly competitive and volatile market environment.


Market Share Growth Ranks Top Three Industry-Wide

According to TokenInsight’s analysis of major centralized exchanges (CEXs), KuCoin’s average market share achieved significant year-on-year growth in 2025, positioning the platform among the top three exchanges globally in terms of annual market share growth. As competition intensified and market concentration among leading platforms continued to fluctuate, KuCoin stood out as one of the few exchanges to achieve sustained positive growth, reflecting the long-term strength of its product structure, asset offerings, and global user base.

KCS Delivers Counter-Cyclical Performance, Ranking Top Three by Annual Price Growth

While many exchange tokens faced downward pressure throughout 2025, KuCoin’s native token, KCS, delivered a counter-cyclical performance, ranking among the top three exchange tokens by annual price appreciation, trailing only OKB and BNB. TokenInsight’s data shows that KCS maintained relatively stable performance over the year and was among the limited number of platform tokens to achieve positive annual returns, highlighting continued market confidence in KuCoin’s ecosystem, strategic direction, and underlying fundamentals.

KuCoin Leads the Industry in Spot Market Share Growth

KuCoin’s momentum was particularly evident in the spot market. TokenInsight data indicates that between January and December 2025, KuCoin recorded a net increase of 5.83% in spot market share, ranking first among all major centralized exchanges. This growth was driven by KuCoin’s ongoing investment in spot asset availability, liquidity optimization, and global market coverage, further strengthening its position within the global spot trading landscape.

Building Long-Term Value Through Disciplined Growth

TokenInsight noted that 2025 marked a period of accelerated differentiation within the exchange sector, with market share dynamics and exchange token performance increasingly reflecting platforms’ long-term operational capabilities and user trust.

KuCoin’s strong showing across multiple key indicators demonstrates the effectiveness of its long-term, disciplined approach to platform development amid cyclical market fluctuations.

KuCoin stated that it will continue to prioritize security, compliance, and user experience, advancing the sustainable growth of its ecosystem and delivering stable and high-quality digital asset services to users worldwide.

About KuCoin

Founded in 2017, KuCoin is a leading global crypto platform trusted by over 40 million users across 200+ countries and regions. The platform delivers innovative and compliant digital-asset services, offering access to 1,000+ listed tokens, spot and futures trading, institutional wealth management, and a Web3 wallet.

Recognized by Forbes and Hurun, KuCoin holds SOC 2 Type II and ISO 27001:2022 certifications, underscoring its commitment to top-tier security. With AUSTRAC registration in Australia and a MiCA license in Austria, KuCoin continues expanding its regulated footprint under CEO BC Wong, building a reliable and trusted digital-asset ecosystem.

Learn more: www.kucoin.com

Infinix Wins Multiple “Best of CES 2026” Awards for Satellite Communication and Breakthrough Innovations

LAS VEGAS, Jan. 16, 2026 /PRNewswire/ — During CES 2026, Infinix, an innovation-driven technology brand, captured the global spotlight, winning the Innovation Award 2026 from internationally authoritative tech media Trusted Reviews, the “Best of CES 2026” title from renowned veteran tech outlet Android Headlines, as well as multiple “Best of CES 2026” honors from leading mainstream technology media. The accolades highlight industry recognition of Infinix’s latest innovations across satellite communication, sustained performance, personalized expression, and AI ecosystem products.

The awards received by Infinix
The awards received by Infinix

Centered on the theme “Joy Tech, Beyond Limit,” Infinix showcased a series of breakthrough technologies that redefine connectivity, sustained performance, and personalized expression, ushering in a new era of mobile innovation. The highlight was Infinix’s first seamless two-way satellite communication solution, bringing satellite connectivity to consumer-grade smartphones in an unprecedented way and further expanding the boundaries of network versatility. Powered by a high-performance satellite modem, the system delivers two-way voice and messaging across nearly two-thirds of the Earth’s surface, with seamless automatic switching between terrestrial and satellite networks. This technology will make its commercial debut in the upcoming Infinix NOTE 60 Series, bringing high-end connectivity to a broader global audience.

Other major innovations include industry-leading thermal efficiency achieved through the HydroFlow Liquid Cooling Architecture and Piezoelectric Fan integrated directly into the smartphone’s thermal path, overcoming the physical limits of passive cooling and ensuring stable high performance even under heavy loads, delivering an exceptional mobile gaming experience. The Active Visual Backplate Technology turns the smartphone backplate into a dynamic visual canvas without drawing additional power. Its patterns and colors shift with viewing angle, temperature, and lighting, while also offering continuous animations and glass-free 3D effects. The Infinix AI GLASSES Pro features a dual-chip architecture, enabling high-performance first-person capture and comprehensive, low-power intelligent interaction. The AI Module, a magnetic expansion ecosystem, evolves the smartphone into an AI creative hub, showcasing Infinix’s vision for the future intelligent ecosystem.

Throughout the event, the Infinix showcase became a hub for global tech media, attracting coverage from The Verge, Wired, ZDNet, GSMArena, Gizmochina, Stuff, Android Police, and more, while earning authoritative “Best of CES 2026” honors across multiple categories:

A glittering collection of awards celebrating Infinix’s breakthrough achievements at CES 2026
A glittering collection of awards celebrating Infinix’s breakthrough achievements at CES 2026

As the curtains fall on CES 2026, Infinix will continue to champion the “Joy Tech, Beyond Limit” philosophy, exploring the limitless possibilities of technology and pushing the boundaries of connectivity, creativity, and freedom in smart devices. By bridging forward-looking concepts with real-world applications, Infinix is setting a new benchmark for the smartphone ecosystem, ensuring that every innovation delivers a more connected, creative, and liberating experience for users worldwide.

About Infinix

Established in 2013, Infinix is an innovation-driven brand dedicated to delivering cutting-edge technology, bold design, and outstanding performance. The brand provides smart, enjoyable mobile experiences that enhance everyday life. Beyond smartphones, Infinix has expanded its portfolio to include TWS earbuds, smartwatches, laptops, tablets, smart TVs, and more — building a comprehensive ecosystem of smart devices. Currently, Infinix products are available in over 70 countries and regions worldwide, including Africa, Latin America, the Middle East, South Asia, and Southeast Asia.

For more information, please visit: http://www.infinixmobility.com/

Changzhou Holds “Microgrid Standards Enter Enterprises” Matching Conference to Boost Industrial Standardization

CHANGZHOU, China, Jan. 16, 2026 /PRNewswire/ — On January 15th, the 2026 “Microgrid Standards Enter Enterprises” Matching Conference was successfully held in Changzhou. Hosted by the China Electricity Council (CEC), the event gathered over 80 representatives from government authorities, industry authoritative experts, integrated energy service providers, and relevant industrial chain units. Through thematic seminars, it built a bridge for standard promotion and industrial matching, facilitating the standardized and large-scale development of Changzhou’s microgrid industry.

In recent years, focusing on core scenarios such as cultural and tourism energy supplement, green transformation of manufacturing industry, and intelligent energy supply in industrial parks, Changzhou has carried out diversified implementation and innovative practices of microgrid technology. As Changzhou’s leading large-scale “photovoltaic-storage-charging + cultural tourism” integrated demonstration project, the Global Dinosaur City Super Charging Flagship Station integrates photovoltaic canopies, megawatt-level energy storage, and V2G interaction facilities, realizing efficient energy supplement in 15 minutes and independent local energy dispatching. The intelligent manufacturing microgrid of Changzhou Borui Electric Power, centered on “photovoltaic + energy storage + energy and carbon management and control”, provides customized low-carbon solutions for industrial manufacturing. The microgrid of Wujin National High-tech Zone Innovation Industrial Park covers an energy supply area of 370,000 square meters, integrating 1.61-megawatt distributed photovoltaic and large-capacity energy storage systems, and has implemented a number of cutting-edge technology demonstrations. Its replicable and promotable operation model provides a vivid sample for the formulation and practice of relevant standards for industrial park-level microgrids.

At the conference, the Changzhou Development and Reform Commission systematically demonstrated the construction achievements of the 3.0 version of Changzhou’s typical new energy application scenarios through a video short film, and detailed the overall layout, phased results, and future plans of Changzhou’s microgrid development. State Grid Changzhou Power Supply Company shared practical experience in aggregating diversified microgrid resources through virtual power plants and participating in grid interaction, providing a clear path for enterprises to effectively connect and utilize grid resources. Subsequently, the industry expert team gave authoritative interpretations on the standardized construction of microgrids, systematically sorted out the standard system structure, analyzed key technical trends, explained the core requirements of key standards, and provided professional guidance for enterprises in standardized construction and application expansion by combining practical cases such as large-scale vehicle-grid interaction pilots. Representatives from ten key enterprises conducted in-depth discussions on issues such as technical difficulties, development bottlenecks, standard demands encountered in microgrid construction and operation, and suggestions for optimizing existing standards.

Pan Yuelong, Supervisor General of the China Electricity Council, stated that CEC will continue to play the role of a bridge and link, further strengthen collaborative cooperation with local governments, scientific research institutions, and key enterprises, continuously improve the microgrid standard system, strengthen the promotion and implementation of standards, and promote the formation of a virtuous cycle of “standards leading innovation, innovation supporting industry, and industry feeding back standards”.

“This event has effectively built a bridge for precise docking between the standard supply side and the industrial demand side. It not only helps enterprises accurately grasp the core of standards and clarify the development path, but also provides important front-line references for government departments to optimize industrial policies and expert teams to improve the standard system,” said a relevant person in charge of State Grid Changzhou Power Supply Company. The power supply company will continue to play the role of a bridge and link, actively promote the in-depth integration of standard implementation with technological innovation and industrial upgrading, and lead the microgrid industry into a new stage of standardized and large-scale development with high standards.

 

The Breakthrough Path of Microgrids in Changzhou: Load-Side Resource Development Leads the High-Quality Development of New Energy Formats

CHANGZHOU, China, Jan. 16, 2026 /PRNewswire/ — Since the “14th Five-Year Plan” period, the total social electricity consumption in Changzhou has steadily increased, rising from 58.84 billion kWh in 2021 to 70.28 billion kWh in 2025. Electricity load exceeding 10 million kilowatts has become the norm; in 2025, it set a historical record seven times, with the highest reaching 12.49 million kilowatts. The continuous growth in electricity demand not only highlights the severe challenge of ensuring power supply but also puts forward higher requirements for the efficient utilization of energy across society.

Based on local policy, location, and resource advantages, State Grid Changzhou Power Supply Company has taken ensuring the safe and reliable supply of electricity as the foundation, deepening the development of load-side resources and promoting green development as the main line, and constructing intelligent microgrids as the core grasp. It has proactively acted and made precise efforts to explore a high-quality energy development path led by policies, empowered by scenarios, and driven by mechanism innovation. During the “14th Five-Year Plan” period, from legislative protection to government-enterprise collaboration, from the implementation of diverse scenarios to the aggregation of virtual power plants, intelligent microgrids in Changzhou have successfully achieved a leapfrog development from conceptual conception to comprehensive urban-rural practice, injecting strong impetus into the cultivation of new energy formats.

Policy Foundation + Government-Enterprise Synergy: Building a “Strong Support” for Microgrid Development

The “policy spring breeze” of prioritizing legislation has injected vigorous vitality into the development of microgrids. In April 2024, driven by State Grid Changzhou Power Supply Company, the Regulations of Changzhou City on Promoting the New Energy Industry, the first special regulation for promoting the new energy industry in China, was officially issued. This regulation constructs an ecological system for the development of the new energy industry through legislation, explicitly encouraging the promotion of industrial green microgrids and integrated photovoltaic-storage-charging construction, providing a solid legal guarantee for the development of microgrids.

In the same year, the first municipal and regional-level microgrid support policies in Jiangsu Province were successively implemented in Changzhou, systematically planning the construction tasks of each county (district). In 2025, the Three-Year Action Plan for Accelerating the Construction of a New Energy System in Changzhou (2025-2027) was released, clarifying the goal of completing 300 microgrid projects by the end of 2027 and delineating a “timeline” and “roadmap” for industrial development. The 15th Five-Year Plan for Microgrids and Charging-Swapping Infrastructure Development in Changzhou, in which State Grid Changzhou Power Supply Company participated in drafting in depth, further optimized goal settings from the dimensions of development scale, technical functions, and comprehensive benefits, depicting a long-term development blueprint for the microgrid industry.

In addition to policy guidance, the government-enterprise collaboration mechanism has built a “solid foundation” for microgrid development. State Grid Changzhou Power Supply Company has established a regular consultation “discussion platform”, relying on carriers such as the Office of the Leading Group for the Construction of a New Energy Capital and the Microgrid Industry Chain Hub Platform to regularly assess development strategies and achieve precise alignment between policies and market demands. On March 28, 2025, driven by State Grid Changzhou Power Supply Company, the Jiangsu Microgrid Industry Chain Matching Conference and Changzhou Microgrid City Construction Promotion Conference were successfully held. At the conference, the Changzhou Municipal Government and State Grid Jiangsu Electric Power signed the Cooperation Agreement on Jointly Building a Model Microgrid City. The two parties will deepen cooperation around building a benchmark model microgrid city and empowering the green development of the new energy industry, providing replicable and promotable experiences for microgrid construction nationwide.

At the industrial chain collaboration level, the “Changzhou New Type Intelligent Microgrid Development Alliance” composed of enterprises, universities, and research institutes has continuously exerted its effectiveness. Alliance members actively participate in a series of thematic salons led by State Grid Changzhou Power Supply Company, such as “Development Opportunities and Challenges of Microgrids Under the Background of New Policy Implementation” and “Promoting the Integration of New Power Equipment Enterprises and Microgrid Project Construction Supply and Demand”, promoting in-depth integration of industry, academia, research, and application, and building a vibrant “energy industry ecosystem”.

Scenario Empowerment + Innovation Drive: Activating “New Vitality” for Microgrid Applications

During the “14th Five-Year Plan” period, the application scenarios of microgrids in Changzhou have continuously innovated and expanded, from individual vehicles and single buildings to industrial plants and industrial parks, achieving comprehensive coverage of “taking points to drive areas and connecting beads into chains”. In October 2025, the near-zero-carbon station-grid interactive microgrid in Nanshan Bamboo Sea, Liyang, was officially put into operation. Adopting the “photovoltaic-storage-charging-load” collaborative model, this project not only effectively solves the problem of difficult charging during the tourist peak season but also realizes full coverage of green electricity charging in the Nanshan Bamboo Sea Scenic Area throughout the year, successfully launching the new cultural tourism brand of “Charging Green Electricity Amid Green Mountains and Clear Waters”.

This practice is not an isolated case. In 2025, Changzhou was approved as one of the first batch of national pilot cities for large-scale vehicle-grid interaction (V2G) application and the only one in Jiangsu Province. The grid-friendly charging service network is accelerating its formation. Up to now, 25 charging station microgrid clusters participated in the construction by State Grid Changzhou Power Supply Company have been completed and put into operation, with 183 V2G (Vehicle-to-Grid) piles taking root. From August to November 2025, State Grid Changzhou Power Supply Company took the lead in organizing 680 stations in the city to carry out vehicle-grid interaction activities. Relying on Changzhou’s special subsidy policy for vehicle-grid interaction, it provides a maximum of 4 yuan/kWh for large-scale discharge subsidies to new energy vehicle owners, a maximum of 2 yuan/kWh subsidies to charging and swapping facility operators participating in aggregated interaction, and a maximum of 50,000 yuan and 1,000 yuan subsidies to pilot communities and intelligent orderly charging piles respectively. The activity has attracted more than 7,200 social vehicle participations, with a total discharge capacity exceeding 300,000 kWh, realizing “two-way interaction” of energy between new energy vehicles and the power grid, and accumulating valuable experience for the exploration of urban-level vehicle-grid interaction models.

In the field of building construction, the application of microgrid technology is also brilliant. In March 2023, State Grid Changzhou Power Supply Company built the first new type of station-grid interaction demonstration center in China. The intelligent management and control platform built by the center is like a “smart brain” for building energy use, realizing real-time monitoring and precise regulation of various energy-consuming equipment. It has constructed four operation modes: daily operation, demand response, virtual power plant, and independent microgrid. The average deviation of load control in response to grid instructions is less than 5%, making it a national benchmark for microgrids empowering building energy conservation. At present, from the Sino-German Industrial Park to the Tianmu Lake Yushui Hot Spring Hotel, a number of microgrid projects integrating multiple energy forms such as building-integrated photovoltaics, ice storage air conditioning, and combined cooling, heating, and power supply have been successively completed, promoting the transformation of building construction from “passive energy use” to “active energy conservation”.

Modern industrial parks show a more grand picture of energy transformation. State Grid Changzhou Power Supply Company has successively built a number of characteristic microgrid demonstration parks such as Liyang High-tech Zone Chuangzhi Park and Wujin National High-tech Zone Innovation Industrial Park. By integrating multiple energy resources such as solar energy and energy storage, and relying on the microgrid energy management system, these parks are endowed with the “autonomous capability” of independent energy regulation, achieving the dual goals of optimal internal energy allocation and flexible interaction with the external main power grid.

Mechanism Breakthrough + Resource Aggregation: Building a “New Engine” for Virtual Power Plants

As a core carrier for aggregating distributed power sources, adjustable loads, energy storage, and other scattered resources, virtual power plants are of great significance for improving power supply guarantee capabilities and promoting new energy consumption. During the “14th Five-Year Plan” period, State Grid Changzhou Power Supply Company focused on three key areas: platform construction, potential exploration, and joint force aggregation, promoting scattered microgrid resources to “gather sand into a tower” and building a new engine for the high-quality development of virtual power plants.

Platform construction is the “first move” and “intelligent hub” for resource aggregation. In 2024, State Grid Changzhou Power Supply Company built the first municipal-level virtual power plant management center in Jiangsu Province, realizing “unified management through one network” of highly flexible non-industrial adjustable resources such as user-side photovoltaic-storage-charging and 5G base stations, and fully releasing the aggregation effect of scattered resources. Up to now, the management center has cumulatively connected 23 virtual power plants, aggregated 3,624 users, with an aggregated capacity of 1.2669 million kilowatts, a maximum upward regulation capacity of 425,200 kilowatts, and a maximum downward regulation capacity of 282,900 kilowatts, providing strong support for the safe and stable operation of the power grid.

To address the pain points of load-side adjustable resources such as fragmentation, strong volatility, and inconsistent response capabilities, State Grid Changzhou Power Supply Company innovatively launched the solution of “building platforms, labeling, and profiling”. In July 2024, the first municipal-level load-side adjustable resource management platform in Jiangsu Province was officially launched, realizing unified access, unified monitoring, and unified dispatching of 109 intelligent microgrids and 23 virtual power plants in the city. The platform has established a dual capability certification mechanism of “algorithm + actual measurement” and built a “digital ID card” system containing 38 labels. Based on national standards and industry norms, it accurately profiles each resource from the dimensions of response time, regulation accuracy, and peak-valley characteristics, ensuring efficient screening and rapid dispatching when the power grid is in need. Since its launch, the platform has organized 34 capability tests and promoted 9 virtual power plants to complete the official registration in the electricity spot market, becoming the first batch of new market entities in Jiangsu Province to participate in transactions as independent entities.

Ecological co-construction is a “long-term plan” for industrial prosperity and a “strong magnetic field”. Adhering to the concept of “when everyone adds firewood, the flames rise high”, State Grid Changzhou Power Supply Company continuously promotes the transformation of load aggregators, electricity sales companies, energy service providers, and charging and swapping facility operators into virtual power plant operators, cultivating professional forces for scattered resource aggregation. Since 2024, it has organized more than 20 special training sessions and government-enterprise-research exchange meetings on market mechanisms and technical standards, attracting the active participation of more than 500 enterprises, and building a diversified, collaborative, and positive interactive virtual power plant industrial ecosystem.

In the next step, State Grid Changzhou Power Supply Company will continue to deepen the construction of microgrids and the development and utilization of load-side resources, continuously improve the policy coordination, scenario innovation, and mechanism guarantee systems, promote the high-quality development of new energy formats, and contribute more Changzhou strength to the construction of a new power system and the realization of the “double carbon” goal.

 

Laos Exceeds 2025 Tax Revenue Target

The Customs Department under the Ministry of Finance held a meeting to assess 2025 performance and outline priorities, plans, and measures for the 2026 tax sector. (Photo by the Ministry of Finance)

Laos’ tax sector collected LAK 22.85 billion (USD 1.06 million) in revenue in 2025, exceeding its annual target, according to the Ministry of Finance.

The collection surpassed the assigned 2025 target of LAK 18.5 billion, achieving 123.53 percent of the annual plan. Officials said the strong performance reflected improved oversight, closer coordination, and continued efforts to strengthen tax administration.

The results were reviewed on 15 January, when the Customs Department under the Ministry of Finance held a meeting to assess 2025 performance and outline priorities, plans, and measures for the 2026 tax sector.

Director General of the Lao Customs Department Phoukhaokham Vanavongxay said the revenue gains resulted from close guidance and monitoring by Ministry of Finance leadership, along with more effective coordination across customs operations.

Looking ahead, authorities have set a 2026 revenue target of LAK 25.72 billion (USD 1.19 million). Officials said the higher goal follows a review of existing laws and regulations, with plans to update the legal framework to better reflect current economic and social conditions.

The ministry said it will pursue the target through stronger management of civil servants, reforms to reinforce the role of the Tax Department, and wider use of modern systems to improve collection efficiency and reduce revenue leakage.

While noting the strong 2025 performance, officials said sustaining growth in 2026 will depend on continued legal reform, stricter enforcement, and improved taxpayer compliance.

VF 8 Is Connecting a New Global VinFast Community

VinFast’s electric SUV is earning loyalty from Vietnam to the Middle East by fitting seamlessly into real lives, long drives, and daily routines.


HAI PHONG, VIETNAM – Media OutReach Newswire – 16 January 2026 – VinFast’s VF 8 is traveling well, winning over drivers across markets with everyday performance, thoughtful design, and uncommon peace of mind.

VF 8

A VF 8 owner belong to a relatively exclusive, self-selecting club that its maker VinFast have built across the globe. It is the kind of club formed less by marketing than by shared curiosity and a willingness to move early. Owners tend to recognize one another not by badges or decals, but by the confidence that comes from having made a deliberate choice.

The VF 8 holds a special place for VinFast. It was the brand’s first fully international offering, the vehicle tasked with introducing a young Vietnamese automaker to demanding markets abroad. As a result, the car was designed to travel well. Styled in collaboration with Pininfarina, the VF 8 favors clean proportions over visual noise. Beneath the surface, its dual-motor all-wheel-drive system and 402 horsepower provide performance that feels reassuring.

In Vietnam, the VF 8 has appealed to high-mileage drivers like Nguyen Phuong Hoang Dung, a Ho Chi Minh City-based construction project manager who covers about 5,000 kilometers a month. “When you drive that much, comfort and stability directly affect your health, your mindset, and how well you work,” he said. Having spent years with gasoline cars, he switched to the VF 8 in August 2025, drawn by its smooth throttle response and calm, seamless acceleration. Now, with more than 20,000 kilometers behind him, he said, “The more I drive it, the more confident I am that choosing the VF 8 was the right decision.”

As the VF 8 expanded into North America and Europe, it increasingly settled into a simpler role: a dependable everyday vehicle. Robert, who has driven his for more than a year and a half, said it has been “a great vehicle,” adding that “you will not find another this size in the price range they offered it.” For Jonathan, the VF 8 fits neatly into daily routines. “For us it’s a city vehicle with short rides every day, and it answers our needs,” he said. “Very comfortable, impressive performance, good in snow, and strong overall.”

In the Middle East, the VF 8’s appeal sharpens as VinFast pairs the car with ownership benefits that are rare in the segment, including complimentary maintenance coverage for five years or 100,000 kilometers. These are not small details in markets where peace of mind often matters as much as design. “The maintenance package made the decision easy,” said an owner in Dubai. “You know exactly where you stand.”

The idea of a VF 8 community is beginning to take shape. Across markets, it connects drivers in Vietnam, Europe, North America, and the Middle East through a shared understanding of what modern electric ownership can be. Thoughtful design. Capable performance. A clear push toward sustainability without asking drivers to compromise their routines.

For those inside the club, the VF 8 is not simply a statement car. No, something even better. A car that makes sense, day after day, in very different parts of the world.

Hashtag: #VF8 #VinFast

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

ONYX Hospitality Group Partners with Yee Fung Group to Launch “Y Hotel Nanshan Shenzhen”, Expanding its Portfolio in China


BANGKOK, THAILAND – Media OutReach Newswire – 16 January 2026 ONYX Hospitality Group, a leading Southeast Asian hospitality management company specialising in hotels, resorts, serviced apartments, and luxury residences, is proud to announce its new partnership with Yee Fung Group to operate Y Hotel Nanshan in Shenzhen, People’s Republic of China.

Y Hotel Hong Kong Classic Single Overview (2)

ONYX Hospitality Group oversees renowned brands including Amari, OZO, Shama, and Oriental Residence across key destinations in the Asia–Pacific region. This agreement marks another significant milestone in strengthening ONYX’s presence in the Chinese market. Scheduled to open in Q4 2026, the hotel supports ONYX’s long-term growth strategy as it works toward its target of managing more than 75 properties by 2030.

Mr Yuthachai Charanachitta, Chief Executive Officer of ONYX Hospitality Group, commented: “This collaboration reflects the strong confidence Yee Fung Group has in ONYX, following our successful partnership in managing Y Hotel Hong Kong. It represents a significant step forward in building on that success and further expanding ONYX’s presence in the Greater China market. At the same time, this partnership reinforces ONYX’s position as a distinctive ‘Regional Player’, well-positioned for stable and sustainable growth across the region.”

Y Hotel Nanshan Shenzhen featuring 82 thoughtfully designed guest rooms and suites, located within YEE FUNG PLACE on a strategically significant site surrounded by key national infrastructure. The area is supported by five major national sea and land ports, including Shekou, Chiwan and Mawan, servicing more than 150 shipping routes. It is also situated at the heart of one of China’s leading innovation and industrial hubs, home to sectors such as integrated circuits, artificial intelligence, biomedicine and the marine economy, alongside more than 50 specialised industrial parks.

Y Hotel Nanshan Shenzhen is ideally suited for leisure travellers, offering convenient accessibility just 35 minutes from Shenzhen Baoan International Airport and 31 minutes from Shenzhen North Railway Station, and only 650 metres from Lilin Subway Station. The surrounding area features vibrant food markets and nightlife destinations such as Nanyi Fang, Shekou Sea World, Green World and Houhai, as well as cultural and recreational attractions including Shenzhen Poly Theatre, Shenzhen Talent Park, Nanshan Museum, Nanshan Park and Shenzhen Bay Park. Guests will also find leading shopping centres nearby, including Walmart, Xinhe Shopping Plaza, Garden City, Haiya Mega Mall, Coastal City and Shenzhen Bay MixC.

Furthermore, the hotel is located close to the headquarters of major national technology companies such as ZTE, Tencent, Huawei, Alibaba, Han’s Laser and Mindray, as well as Shenzhen University, positioning it as both a relaxing retreat and a strategic hub for business travellers seeking comfort alongside a distinctive lifestyle experience.Hashtag: #ONYXHospitalityGroup #YeeFungGroup #YHotel #HospitalityManagement #HotelManagement #LifestyleHotel



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

About ONYX Hospitality Group:

ONYX Hospitality Group, a reputable force in Southeast Asia’s hospitality industry, operates a collection of comprehensive yet complementary brands – Amari, OZO, Shama and Oriental Residence – catering to the distinctive needs of discerning business and leisure travellers in Southeast Asia where their expertise lies. In addition to its brand portfolio, ONYX Hospitality Group also operates additional hospitality services across spa and food and beverage. With over five decades of management experience, the company extends its innovative solutions throughout the region, upholding internationally recognised standards and ensuring optimal operational manoeuvrability. By fostering enduring relationships with like-minded business partners, ONYX Hospitality Group delivers unparalleled experiences in a dynamic and competitive market, meeting the ever-evolving demands of travellers.

More information: