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HKSTP Makes Strategic Investment in Singapore Technology Company Vizzio; Forges Innovation Pact to Power Next-Generation AI and Smart City

  • Hong Kong Science & Technology Parks Corporation (HKSTP) invests in Vizzio financing round through its HKSTP Corporate Venture Fund (CVF)
  • Vizzio to establish new office in Hong Kong Science Park
  • HKSTP and Vizzio to drive next-generation Digital Twin Cities and AI-powered safety

HONG KONG, Dec. 9, 2025 /PRNewswire/ — Hong Kong Science & Technology Parks Corporation (HKSTP), the city’s largest innovation and technology ecosystem, and Vizzio Technologies (Vizzio), a Singapore-based global leader in 3D mapping and AI-powered security, today announced a strategic investment and partnership at a signing event held at Hong Kong Science Park. The partnership sees HKSTP investing in Vizzio’s financing round through its HKSTP Corporate Venture Fund (CVF) and Vizzio establishing its new office at Hong Kong Science Park focusing on R&D, AI development and marketing.

Mr. Terry Wong, CEO of HKSTP (left) and Mr. Jon Lee, CEO of Vizzio (right) officiate the strategic partnership signing at Hong Kong Science Park.
Mr. Terry Wong, CEO of HKSTP (left) and Mr. Jon Lee, CEO of Vizzio (right) officiate the strategic partnership signing at Hong Kong Science Park.

Accelerating Hong Kong’s Smart City Vision

The collaboration is designed to accelerate Vizzio’s international growth, foster deeper collaboration within the region’s innovation ecosystem and reinforce Hong Kong’s position as a global innovation and technology powerhouse. It positions Hong Kong at the forefront of smart city innovation, leveraging Vizzio’s technology to enhance public safety, urban planning and digital transformation.

Vizzio’s world-leading 3D mapping technology delivers up to 15 cm clarity from satellite imagery. Compared to drone-based mapping, Vizzio’s AI reduces costs by two-thirds and accelerates project timelines by up to five times. Leveraging this breakthrough, the mapping of Hong Kong’s 1,110-square-kilometre area can now be completed in less than five days: a dramatic improvement over the several months required using traditional drone methods.

Mr Terry Wong, CEO of HKSTP, said, “Hong Kong is Vizzio’s springboard for AI and smart city innovation. This position grows with INNOPOLE, our new engine at San Tin Technopole. We offer more than capital or space for innovation. We are a deal-making ground. Since 2018, Science Park companies have raised over US$19 billion across more than 440 deals and we have facilitated over 5,500 investment matches. Our CVF leverages private capital at 1:16, de-risking investments and attracting further funding. We are a launchpad to Asia and the world.”

Mr Jon Lee, Founder and CEO of Vizzio Technologies, said: “We have engineered the world’s first AI-powered 360° agentic security ecosystem: a fully autonomous network where cameras, drones and robotic patrol units operate as intelligent agents, collaborating in real time to perceive, understand and act on the world around them. Our partnership with HKSTP marks a defining inflection point for Vizzio. Our mission has always been clear: to build cities that are safer, smarter and radically more efficient. Hong Kong is the ideal launchpad for this next phase of acceleration. With HKSTP’s support, we will scale our platform globally and deliver transformative, measurable impact for enterprises, governments and communities worldwide.”

Transforming Urban Intelligence: Vizzio’s Breakthrough Mapping and AI-Cameras

Vizzio’s Polytron AI cameras represent the next generation of intelligent security, offering fully immersive 360-degree coverage with zero blind spots. These advanced cameras go far beyond traditional monitoring by detecting complex human behaviours, analysing movement trends and identifying hazards such as fire, smoke or flooding in real time. Designed for versatility, Polytron excels in demanding industrial settings, enhancing safety across manufacturing plants, ports and roadways.

What truly sets Polytron apart is its intuitive, voice-driven interface and multilingual capability. Users can simply speak their requirements in any of 40 supported languages, and the AI-powered Video Management System (VMS) instantly understands and adapts, eliminating the need for coding or technical configuration.  

This makes advanced analytics accessible to organisations of all sizes, empowering rapid responses to evolving risks and operational needs while ensuring seamless communication across global teams.  

These solutions are already being used by some of Singapore’s largest enterprises and being deployed rapidly across Asia and the Middle East with Europe and US projects planned for 2026. Notably, Vizzio recently secured a major partnership with Saudi Telecom’s IoT division, backed by the Public Investment Fund, to deliver mapping for large-scale infrastructure as well as safety projects across Saudi Arabia.

Click here to know more about Vizzio’s autonomous security system.  

Click here for the high-resolution photos.

About Vizzio

Vizzio Technologies builds the digital foundations upon which modern cities operate. Combining its large-scale 3D mapping platform with Polytron’s AI-driven 360° camera and software, Vizzio delivers a unified layer of spatial intelligence and real-time security analytics to governments and enterprises responsible for critical infrastructure.

At the core of Polytron’s vision intelligence ecosystem lies a seamless fusion between Physical AI, Generative AI and AI Coding Agents, all orchestrated through the Polytron 360° Agentic Camera Network. Each Polytron 360° camera acts as a Physical AI node: an edge computing device capable of perceiving its full 720° surroundings, understanding contextual cues and executing actions autonomously in real time. These physical agents continuously collect multimodal spatial data (video, motion, depth and environmental signals) which are then fed into Generative AI pipelines that synthesize synthetic datasets to augment scarce or sensitive training data.

This synthetic data fuels the continuous retraining of object detection, behaviour prediction and anomaly recognition models without reliance on human annotation. Once new models or rules are defined, the AI Coding Agent (Polytron Nano) automatically generates optimized video-analytics code and deploys it over the air to all active POLYTRON 360° units. This creates a self-evolving intelligence loop: cameras perceive, Generative AI enriches, Coding Agents adapt and Physical AI executes resulting in an autonomous, learning and self-improving security network that can see, think and act at the edge without human intervention. Find out more www.vizzio.ai

About Hong Kong Science and Technology Parks Corporation

Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 to create a thriving I&T ecosystem grooming 12 unicorns, more than 16,000 research professionals and over 2,400 technology companies from 27 countries and regions focused on developing healthtech, AI and robotics, fintech and smart city technologies.

Our growing innovation ecosystem offers comprehensive support to attract and nurture talent, accelerate and commercialise innovation for technology ventures, with the I&T journey built around our key locations of Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong and three modern InnoParks in Tai Po, Tseung Kwan O and Yuen Long realising a vision of new industrialisation for Hong Kong, where sectors including advanced manufacturing, micro-electronics and biotechnology are being reimagined.

Hong Kong Science Park Shenzhen Branch in Futian, Shenzhen plays positive roles in connecting the world and the mainland with our proximity, strengthening cross-border exchange to bring advantages in attracting global talent and allowing possibilities for the development of technology companies in seven key areas: Medtech, big data and AI, robotics, new materials, microelectronics, fintech and sustainability, with both dry and wet laboratories, co-working space, conference and exhibition facilities, and more.

Through our R&D infrastructure, startup support and enterprise services, commercialisation and investment expertise, partnership networks and talent traction, HKSTP continues to contribute towards establishing I&T as a pillar of growth for Hong Kong. More information about HKSTP is available at www.hkstp.org.

Kaopiz Global Strengthens Its Position as a Leading DX & Technology Partner in APAC

SINGAPORE , Dec. 9, 2025 /PRNewswire/ — On 21 November 2025, Kaopiz, a leading Vietnam-based technology company with strong operations in Japan and APAC, officially launched its new office at 1 Raffles Place. The new presence reinforces the company’s commitment to supporting Singapore’s mid-sized businesses and enterprises with scalable engineering talent, high-quality technology solutions, and long-term partnerships.

The inauguration event was attended by Kaopiz’s leadership, representatives from Kaopiz Global, industry partners, and local clients, marking a key milestone in the company’s regional growth.


Singapore: A Strategic Market for Scalable Engineering

Singapore’s technology sector continues to expand rapidly as businesses accelerate AI adoption, cloud modernization, and digital transformation. Yet talent shortages remain a challenge. According to the ManpowerGroup Employment Outlook Survey, 78% of IT employers in Singapore report difficulty hiring skilled engineers. With more than 55,000 SMEs and a fast-growing base of digital-native companies, demand for sustainable, high-quality engineering capacity has never been greater.

By establishing its Singapore office, Kaopiz aims to help businesses bridge capability and capacity gaps through faster engagement, local consulting support, and access to scalable engineering teams across the region.

Mr. Nguyen Cong Thanh, Director of Kaopiz Global, highlighted the office’s strategic purpose: “Kaopiz Global was formed to lead the Go Global strategy of Kaopiz. The Singapore office is a critical link in our international network — a place to connect multinational clients, develop regional-scale solutions, and strengthen consulting and delivery capabilities for English-speaking markets.”

What Kaopiz Brings to Singapore

Kaopiz enters Singapore with an extensive track record and a strong portfolio of engineering services, particularly suited to mid-sized organizations and enterprises seeking dependable, scalable, and cost-efficient technology solutions.

Core Competencies

Kaopiz’s core competencies include:

  • Artificial Intelligence & Machine Learning: Computer vision, OCR, generative AI, predictive analytics, and enterprise automation.
  • Digital Transformation & Enterprise Systems: Workflow automation, CRM/ERP integration, microservices, and legacy system modernization.
  • Cloud & DevOps: Cloud migration, hybrid-cloud architecture, infrastructure optimization, and 24/365 managed services.
  • Software Development & Engineering Services: End-to-end web/mobile development, API ecosystems, system architecture, and multi-platform builds.
  • Blockchain & Emerging Technologies: Smart contracts, distributed systems, and next-generation digital innovation tools.

With 700+ engineers across Vietnam, Singapore, and Japan, Kaopiz has delivered more than 1,000 projects for 250+ enterprise clients in sectors such as finance, education, retail, logistics, manufacturing, healthcare, and more.

Engineering Quality and Delivery Standards

Kaopiz operates under internationally accredited frameworks, including ISO 9001, ISO 27001, AWS Advanced Consulting Partner status, and ISTQB Platinum Partner recognition. These standards ensure stable, secure, and consistent delivery across large-scale enterprise projects.

The company offers flexible engagement models — from staff augmentation and dedicated offshore teams to hybrid onsite–offshore delivery and project-based services — allowing organizations to scale efficiently while maintaining high delivery quality.

The Role of the New Singapore Office

The new office will serve as the company’s APAC headquarters for sales and consulting, acting as a strategic hub for English-speaking markets, a gateway for multinational enterprises operating across Asia, and a launchpad for delivering regional-scale digital solutions.

Its proximity to customers enables more direct engagement, stronger governance, faster onsite support, and accelerated delivery cycles through local account management.

Mr. Kai Zhien Chan, Product Manager at QuantumTX, shared his perspective during the event: “We greatly value the technical capability, dedication, and consistent quality Kaopiz has demonstrated over the years. Their decision to open a Singapore office is timely and aligns perfectly with market needs. This presence gives us — and many other enterprises — even greater confidence in long-term collaboration.”

Kaopiz’s Long-Term Commitment to Singapore

Kaopiz views Singapore as a long-term anchor in its APAC strategy and is committed to strengthening consulting capabilities, customer success, and delivery excellence in the region. As Singapore businesses accelerate AI adoption, cloud modernization, and enterprise-wide digital transformation, Kaopiz aims to serve as a strategic technology partner — working alongside clients and supporting sustainable, continuous growth.

Kaopiz also extends a clear promise to its Singapore clients: Speed in response and delivery, deep understanding of industry operations, reliable engineering quality with 24/365 support, and long-term partnership built on trust.

About Kaopiz

Founded in 2014, Kaopiz is a global technology services company specializing in AI, digital transformation, cloud engineering, blockchain, and enterprise software development. With offices in Hanoi, Da Nang, Tokyo, and Singapore, Kaopiz supports organizations worldwide through high-quality engineering talent, rigorous development standards, and long-term partnership models.

INFORMATION CONTACT:
Website: https://kaopiz.com/en/
Email: global@kaopiz.com
Tel: 84-(0)24-6652-2105 (ICT 08.30 – 17.30)

Digital Edge rebrands Indonesian Operations as Digital Edge Indonesia

SINGAPORE, Dec. 9, 2025 /PRNewswire/ — Digital Edge, one of Asia’s fastest-growing data center platforms backed by Stonepeak, has rebranded its Indonesian operations, EDGE DC, to Digital Edge Indonesia. This strategic move aligns the business more closely with the broader Digital Edge platform across Asia Pacific, while maintaining the local expertise and customer-centric approach that have driven its success.

Originally established as EDGE DC in 2018, Digital Edge Indonesia has built a strong reputation for speed, reliability, and operational excellence, serving customers across the cloud, financial services, hyperscale, enterprise, and network sectors.

The new brand identity reinforces Digital Edge Indonesia’s role as a future-ready digital infrastructure leader, fully integrated into a regional network with unified engineering, operational, and service standards.

Most recently, Digital Edge Indonesia secured USD 325 million (IDR 5.5 trillion) in financing from PT Bank Central Asia Tbk (BCA) to drive new digital infrastructure builds in Jakarta, refinance existing BCA facility, and complete EDGE2 – the largest operational data center in downtown Jakarta. This investment underscores Digital Edge’s commitment to Indonesia, a market the company sees as a critical hub for regional growth and one of Asia’s fastest-growing data center markets.

The corporate facility is provided to Digital Edge’s Indonesia platform, comprising the controlled subsidiaries, PT Indointernet Tbk (Indonet) and wholly owned subsidiary PT Ekagrata Data Gemilang (Digital Edge Indonesia).

Indonesia is one of the most dynamic digital economies in Asia,” said John Freeman, CEO of Digital Edge. “Digital Edge Indonesia has consistently delivered exceptional performance in this market, and this rebrand strengthens our regional identity while reinforcing our ability to scale and maintain world-class operational standards as demand for digital infrastructure accelerates.”

“The rebrand is more than a name change – it reflects our integration into a regional platform that combines global standards with deep local expertise. Our commitment to reliability, speed, and operational excellence remains unchanged, and we are excited to accelerate growth alongside Indonesia’s digital transformation,” said Stephanus Oscar, CEO of Digital Edge Indonesia.

About Digital Edge

Headquartered in Singapore, Digital Edge is a trusted and forward-looking data center platform company, established to transform digital infrastructure in Asia. Through building and operating state-of-the-art, energy-efficient data centers rich with connectivity options, Digital Edge aims to bring new colocation and interconnect options to the Asian market, making infrastructure deployment in the region easy, efficient and economical.

Backed by leading alternative investment firm Stonepeak, Digital Edge has established itself as a market-leading pan-Asia data center platform. The company provides data center and fiber services across nine countries in Asia Pacific, with more than 1.4GW of secured IT power. Visit www.digitaledgedc.com for more information.

About Digital Edge Indonesia

Founded in 2018, Digital Edge Indonesia is part of the Digital Edge Asia-Pacific platform, delivering carrier-neutral digital infrastructure with high-performance, sustainable, and hyperscale-ready data center solutions. We combine global standards with deep local expertise to support Indonesia’s digital transformation, including the growing demand for cloud, hyperscale, and AI technologies. From Jakarta’s CBD to GIIC Bekasi, we are building an ecosystem that enables innovation at the edge while remaining an integral part of a regional network designed for the future of digital.

For more information about Digital Edge Indonesia, visit id.digitaledgedc.com 

ARKANCE APPOINT NEW ANZ MANAGING DIRECTOR AS THEY EXPAND TECH STACK & SERVICES OFFERINGS TO MARKET

BRISBANE, Australia, Dec. 9, 2025 /PRNewswire/ — World leading AEC digital transformation partner ARKANCE – part of the 3.4B€ Monnoyeur Group of Companies – this week announced the appointment of Grant Bryce as Managing Director for their Australian and New Zealand business operations.

 

 

Grant Bryce, MD ARKANCE ANZ
Grant Bryce, MD ARKANCE ANZ

The move comes as the business gets set to build out tech stack offerings to incorporate new products and bolstering services and consulting support to its 400,000+ users across the regions.

Mr Bryce joins the ARKANCE group of companies as Managing Director based out of Australian headquarters in Brisbane. Bringing deep experience from a tech career spanning more than 25 years delivering growth and expansion within some major industry players across EMEA, APAC, and North America such as SoftwareONE, HP and more recently SaaS based Codility and Saville.

“I’m excited about to be joining the ARKANCE group and the opportunity to lead such a dynamic and forward-thinking business.

I’ve been fortunate enough to help lead and scale several organizations through rapid growth, IPOs, and Private Equity-backed transformations, and I’m looking forward to bringing that experience here as ARKANCE expands their tech and services offerings to market”, Mr Bryce said.

Already the world’s largest global platinum partner of leading AEC software Autodesk, 1 of only 6 Sapphire Bluebeam partners globally and a platinum partner for Siemens, the group this year introduced its own portfolio of applications under the Be.Smart brand to answer market needs across the industry.

October 2025 saw ARKANCE launch a further extension to its partnership with the Nemetschek Group sending GoCanvas to market in ANZ in addition to a tech stack that includes Adobe, Pinnacle, Autodesk, Bluebeam, GoCanvas and Be.Smart, the group are set to announce more product offerings in Australia and New Zealand before the end of 2025, with more coming into H1 2026.  

To find out more visit www.arkance.world 

About ARKANCE 

ARKANCE is a global partner in business and digital transformation for the architecture, engineering, construction, and manufacturing industries. We help organizations enhance efficiency and improve how they design, build, and manufacture through solutions grounded in deep industry expertise, platform specialization, and trusted partnerships.

With over 1,200 professionals across 50+ offices in 19 countries and annual revenues exceeding €550 million, we combine global scale with local insight to support complex project delivery. ARKANCE is a subsidiary of the Monnoyeur Group, a global company with more than a century of experience driving industrial transformation.

Learn more at www.arkance.world 

About MONNOYEUR 

The Monnoyeur Group are global, family-owned leader supporting construction, industrial and agricultural sectors with equipment, services, technology and long-term expertise. Founded in 1906 and operating in more than 20 countries, the Group delivers distribution, leasing, maintenance, specialised services and technology solutions that help customers keep critical projects moving and assets performing at their best.

With six companies in the group, they are one of the world’s largest B2B services providers globally with more than 9,000 employees across 23 countries delivering more than 3.4B€ in revenue (2024).

Learn more at www.monnoyeur.com 

SeedMedical Hong Kong Launches Evidence-Based Weight Management Program Introducing GLP-1 Technology for Scientific Weight Reduction


HONG KONG SAR – Media OutReach Newswire – 9 December 2025 – In the fast-paced rhythm of Hong Kong’s urban life, dietary habits often lean toward high-calorie intake with limited consumption of fruits and vegetables. Many residents, pressed by demanding work schedules, rely heavily on takeaway meals and fast food, resulting in diets rich in oil, salt, and sugar, while physical activity levels remain comparatively low. In recent years, weight management has emerged as a pressing health concern for the city’s population.

SeedMedical, a healthcare service provider based in Hong Kong, has recently launched a medically validated weight management program. The initiative introduces GLP-1 technology, combining professional health assessments with personalized guidance. Under expert supervision, the program aims to help citizens establish sustainable lifestyle patterns and achieve long-term weight management goals in a safe and effective manner.

GLP-1 Technology in Weight Management

The program incorporates several widely recognized GLP-1 applications. At its core, GLP-1 mimics natural human hormones to influence the brain’s satiety center, reducing hunger and suppressing appetite. It also prolongs gastric emptying, sending “fullness” signals to the brain and naturally lowering food intake. This regulatory mechanism enhances the sustainability of weight management efforts.

The Medical Community Advocates Comprehensive Health Assessments to Ensure Safety

SeedMedical emphasizes that effective weight management must be grounded in a thorough understanding of individual health conditions. Participants must undergo baseline evaluations, including physical measurements, blood tests, glucose screening, and urinalysis, before commencing the program. Based on these results, medical teams tailor personalized management plans. Generally, individuals with a BMI of 30 or above may consider GLP-1 therapy, while those with a BMI between 27 and 29.9, accompanied by related health conditions, also qualify.

Experts highlight that while GLP-1 technology demonstrates significant efficacy in weight control, it must be paired with professional evaluation, individualized planning, and continuous monitoring to ensure safety. Citizens are advised to seek treatment through regulated medical organizations, under the guidance and supervision of qualified physicians.

Importance of Regulated Channels

Industry professionals caution that certain unverified weight management products circulating in the market pose risks, including improper storage, counterfeit formulations, and lack of medical oversight. SeedMedical underscores that regulated medical channels not only guarantee product quality but also provide professional injection guidance, dosage adjustment recommendations, and ongoing monitoring. These measures comply with regulatory standards and ensure the health and well-being of users.

Hashtag: #Medical #Health #Life



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

About SeedMedical

SeedMedical is a professional healthcare service institution in Hong Kong dedicated to providing medically-guided, personalized health management solutions. Our service scope includes weight management, vaccination, and health check-up services, accompanying every client on their path to a healthier life.

For more information, please visit:

Vingroup signs MoU with the state of Telangana, laying the foundation for its multi-sector ecosystem in India


HYDERABAD, INDIA – Media OutReach Newswire – 9 December 2025 – Vingroup announced the signing of a Memorandum of Understanding (MoU) with the Government of Telangana at the Telangana Rising Global Summit for a proposed investment of USD 3 billion, to be implemented in a phased manner for developing a multi-sector ecosystem in the state. Under the MoU, both parties will collaborate to explore strategic opportunities across key sectors such as smart urban development, electric mobility solutions, healthcare, education, tourism, renewable energy, charging infrastructure across approximately 2,500 hectares in Telangana, as well as electric taxi services, with the overall objective of advancing the state’s socio-economic development and long-term growth vision. This MoU marks a significant milestone in Vingroup’s global expansion and reinforces the stature and capability of one of Vietnam’s leading multi-sector corporations on the international economic stage.

Mr. Pham Sanh Chau (left), CEO of Vingroup Asia and VinFast Asia, and Mr. Sanjay Kumar, IAS, Special Chief Secretary to the Government, Government of Telangana, at the signing ceremony.
Mr. Pham Sanh Chau (left), CEO of Vingroup Asia and VinFast Asia, and Mr. Sanjay Kumar, IAS, Special Chief Secretary to the Government, Government of Telangana, at the signing ceremony.

In electric mobility, Vingroup proposes to introduce India’s first large-scale electric taxi fleet and mobility-as-a-service platform using VinFast vehicles through GSM in the State of Telangana, and may explore potential opportunities associated with EV manufacturing initiatives in the future.

In urban development, Vingroup plans to develop the Vinhomes Smart City mega urban area designed for approximately 200,000 residents on a 1,080-hectare site. The project is expected to generate around 10,000 jobs and will feature a balanced mix of low-rise and high-rise developments, international-standard amenities, a limited built-up footprint, and sustainable urban planning principles.

In social infrastructure, the Group proposes to develop essential facilities on a planned land area of approximately 70 hectares, including Vinschool’s integrated K-12 education system, Vinmec international-standard multi-specialty hospitals and the V-Green electric vehicle charging network.

In tourism and entertainment, Vingroup through VinWonders aims to develop an integrated complex that includes a theme park, zoo, and safari across approximately 350 hectares, enhancing Telangana’s tourism infrastructure and creating large-scale employment.

In renewable energy, Vingroup through VinEnergo proposes to invest in a 500 MW solar farm over an area of approximately 500 hectares to provide a stable source of green electricity for urban areas, industrial zones and the entire electrified mobility ecosystem.

In addition to these initiatives, Vingroup also proposes to participate in the development of strategic connectivity infrastructure to strengthen regional linkages and enhance the capacity for urban spatial development.

On the government side, Telangana commits to supporting the identification and facilitation of land allocation for each project, coordinating in master planning and project structuring, assisting with administrative procedures and mobilizing relevant agencies to prepare the necessary connecting infrastructure. The state government will also consider the application of incentives in line with existing policies and will work closely with Vingroup throughout the research and implementation stages to ensure project progress and effectiveness.

The MoU between Vingroup and Telangana establishes a foundation for realizing large-scale investment projects that will directly contribute to Telangana’s economic growth while strengthening the international presence of Vietnamese enterprises. The partnership also supports the broader economic relationship between Vietnam and India, fostering stronger business community ties and opening opportunities for deeper cooperation in the future.

Sri A. Revanth Reddy, Hon’ble Chief Minister, Government of Telangana, stated: “The USD 3 billion investment by Vingroup is a massive vote of confidence in the ‘Telangana Rising’ vision, particularly our focus on sustainable urban development and green infrastructure. This is more than capital; it’s a partnership to build a futuristic, net-zero city and introduce India’s first large-scale electric taxi fleet, directly improving the quality of life for our citizens. Our government guarantees accelerated execution to ensure this global vision becomes a local reality.”

Sri D. Sridhar Babu, Hon’ble Industries Minister, Government of Telangana, said: Vingroup’s multi-sectoral commitment, spanning smart cities, solar power, and advanced social infrastructure like hospitals and schools, demonstrates the stability and breadth of Telangana’s industrial policy. We are committed to translating this significant capital inflow into local opportunity, positioning Telangana as the gateway for Vietnamese and South-East Asian investment into India’s fastest-growing economy.

Mr. Sanjay Kumar, IAS, Special Chief Secretary to the Government, Government of Telangana said: “We welcome Vingroup’s presence in Telangana and recognize the achievements the Group has made in Vietnam, particularly in urban development, green infrastructure and electrified transportation. With the Group’s extensive expertise and capability to execute large-scale projects, we believe that this cooperation will mark an important step forward in shaping a modern and sustainable urban landscape and improving the quality of life for the people of Telangana.

Mr. Pham Sanh Chau, CEO of Vingroup Asia and VinFast Asia, stated: “Vingroup sees tremendous potential in Telangana and we aspire to build a long-term partnership with the state government. With our proven track record in delivering mega urban developments, large-scale infrastructure and a comprehensive electric mobility ecosystem, we believe that our collaboration with Telangana will generate tangible value, promote sustainable development and enhance the quality of life for local residents.”

Telangana is a key state of India with a population of approximately 38.5 million people. As a major technology and economic center of Southern India, Telangana attracts global investors thanks to its dynamic business environment and strong development potential, especially in the software sector.

Vingroup is Vietnam’s largest private multi-sector corporation, operating across six core pillars: Industrials & Technology, Real Estate & Services, Infrastructure, Green Energy, Culture, and Social Enterprises, with the vision of “To create a better life for people”.

With its proven reputation, scale and capabilities, Vingroup is steadily expanding globally. The Group was named in TIME Magazine’s “TIME World’s Best Companies 2025” list of the world’s 1,000 best companies, recognizing its efforts in sustainability, innovation and global impact.

Previously, Vingroup entered the Indian market through its EV brand VinFast with a premium product portfolio and a plant in Tamil Nadu. VinFast is also building an electric mobility ecosystem in India with a shared vision of bringing the green mobility revolution closer to everyone./.
Hashtag: #Vingroup

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

PAObank Partners with Citi to Bring New Currency Exchange Service to Retail Customers in Hong Kong

By using Citi’s proprietary Digital FX solution, PAObank can deliver real-time, 24/7 FX service across HKD, USD and RMB via the PAObank Mobile Banking APP


HONG KONG SAR – Media OutReach Newswire – 9 December 2025 – Citi and PAO Bank Limited (“PAObank”) have partnered to enable PAObank to introduce a new service, allowing PAObank’s retail customers to conduct real-time foreign exchange (FX) transactions in Hong Kong dollar, US dollar and Renminbi 24/7. The two organizations are planning to extend the FX service to include additional currencies. While supported by Citi’s platform, this FX service is offered by PAObank directly to its end customers.

By connecting to Citi’s proprietary FX API (Application Programming Interface), PAObank can enable its retail customers to conduct real-time FX transactions on its Mobile Banking APP. The process is fully automated. The accounts of the end customers will be debited and credited seamlessly in real time.

Citi FX API is a plug‑and‑play solution that can be seamlessly integrated into Citi clients’ existing systems and processes. The solution provides Citi clients with access to more than 100 currencies*, enabling them to go to market faster, without the need for tech infrastructure buildout and in-house FX trading capabilities.

“For over a decade, Citi’s FX API solutions have been helping financial institutions and payment intermediaries drive their businesses forward, enabling them to offer FX and cross‑border payment services to their end customers,” said Darren Brighton, Global Head of Digital FX Sales for Citi. “We are excited to partner with PAObank on the launch of their currency exchange service for retail customers, supporting the company’s commitment to advancing financial inclusion through cutting-edge digital banking services.”

“We are delighted to partner with Citi for PAObank to introduce real-time FX service to our retail customers via the PAObank Mobile Banking APP, accelerating our goal towards offering comprehensive retail banking services. This collaboration strengthens PAObank’s capability to deliver seamless banking services, underscoring our commitment to enhancing customer experience and advancing digital banking in Hong Kong,” said Kenneth Tsoi, Head of General Banking Product, PAObank.

*The number of currencies will be dependent on the Citi entity that the client transacts with.

Hashtag: #Citibank #PAObank

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

About Citi

Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.

Additional information may be found at | X: | LinkedIn: | YouTube: | Facebook:

About PAO Bank Limited

PAO Bank Limited (“PAObank”), a wholly-owned subsidiary of Lufax Holding Ltd (“Lufax”) (SEHK: 6623; NYSE: LU) and a member of Ping An Insurance (Group) Company of China, Ltd. (“Ping An”) (SEHK: 2318; SSE: 601318), is committed to fostering financial inclusion and establishing a digital banking ecosystem by leveraging its extensive experience in SME banking services and its leading financial technology advantages. PAObank was granted a banking licence by the Hong Kong Monetary Authority in May 2019 to offer banking services via digital channels. PAObank is expanding diverse business segments including retail banking and SME banking.

Manignom Auto Group Unveils Dongfeng MHero Electric Off-Road Vehicle in Laos

Souksamone Sihathep, President of Manignom Auto Group, stated during the launch event (Photo: supplied)

On 7 December, Manignom Auto Group, a leading automotive distributor in Laos, officially launched Dongfeng’s new electric off-road vehicle, the Dongfeng “MHero.” Manignom Auto Group is the sole authorized distributor of this model in Laos.