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Professor Edwin Tso Promoted to Chair Professor at City University of Hong Kong, Leading a New Journey in Electricity-Free Cooling Technology

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Advertorial Desk
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SHENZHEN, China, March 6, 2026 /PRNewswire/ — City University of Hong Kong (CityUHK) recently announced that Professor Edwin Tso Chi-Yan, Associate Dean (Internationalization and Outreach) of the School of Energy and Environment and co-founder of i2Cool Limited, will be promoted to Chair Professor of Energy and Sustainability in July this year. This academic honor not only highlights Professor Tso’s outstanding achievements in building energy efficiency and green technology but also reflects his high recognition in the international academic community.

Ir. Prof Edwin Chi-Yan TSO
Ir. Prof Edwin Chi-Yan TSO

To date, the electricity-free cooling technology developed by Professor Tso’s research team at i2Cool has been commercialized and deployed in over 30 cities and regions worldwide, with more than 500 completed projects.

01 Academic Excellence: Recognizing Technological Contributions

In 2025, Professor Tso was elected as a Member of the Hong Kong Young Academy of Sciences and awarded the National Science Fund for Excellent Young Scholars in recognition of his exceptional contributions to scientific innovation and technology commercialization. In 2024, he received the Hong Kong Engineering Science and Technology Award from the Hong Kong Academy of Engineering Sciences and was elected as a Young Fellow of the Academy. The same year, he was appointed as a Research Fellow by the Research Grants Council (RGC), affirming his academic leadership in building energy technologies.

This recognition is no coincidence. Since 2020, Professor Tso has been consistently listed among Stanford University’s “World’s Top 2% Scientists.”

His academic influence is evident not only in honors but also in tangible research outcomes. Professor Tso has published over 100 papers in leading international journals, including Science, Nature Sustainability, Nature Communications, and Science Advances. Notably, his groundbreaking research on cooling ceramics was published in Science in 2023, drawing significant international attention.

Beyond academia, Professor Tso has filed nearly 20 patents, successfully translating these innovative technologies into commercially viable products.

02 Research Breakthroughs: From Nature-Inspired Discoveries to Industrial Innovation

Professor Tso’s research team drew key inspiration from the Saharan silver ant, whose unique hair structures enable exceptional solar reflectivity and mid-infrared emissivity, allowing it to survive extreme desert heat. Inspired by this, the team integrated materials science, optics, and thermodynamics to develop multi-component, multi-scale nanoparticle materials capable of efficiently reflecting solar radiation in the 0.25–2.5 μm range while emitting thermal radiation within the 8–13 μm atmospheric window.

The core of Passive Radiative Cooling (PRC) technology lies in leveraging high solar reflectance and mid-infrared emissivity to reflect sunlight and radiate heat into outer space, facilitating natural cooling of surfaces without electricity or refrigerants. This represents a genuinely zero-energy cooling solution.

03 i2Cool: Translating Research into Global Impact

In 2015, when Professor Tso began studying the cooling mechanism of the silver ant, it was difficult to foresee that this discovery would lead to a climate-tech enterprise contributing to global decarbonization. In 2021, under CityUHK’s HK Tech 300 innovation and entrepreneurship program, Professor Tso co-founded i2Cool Limited with Dr. Martin Zhu.

The company’s first commercialized product, the electricity-free cooling coating (i2Coating), achieves up to 95% solar reflectivity and high mid-infrared emissivity, surpassing traditional thermal insulation coatings that struggle to exceed 90% solar reflectance. i2Coating was officially launched in September 2022 for building applications, delivering sub-ambient cooling performance through effective solar reflection and thermal radiation.

04 Global Deployment: Technology Implementation and Measurable Impact

To date, i2Cool’s passive radiative cooling technology has been deployed in over 30 countries and regions, covering more than 800,000 square meters worldwide across over 500 projects. The company’s products have saved nearly 16 million kWh of electricity and reduced carbon emissions by over 15 million kilograms.

The technology’s application range continues to expand. In addition to the initial i2Coating, i2Cool has developed electricity-free cooling products such as i2Membrane and i2Film, addressing overheating challenges in rooftops and glass façades. The technology is being implemented in notable projects, including Dubai Mall, Hong Kong Coliseum, and volunteer stations for the 15th National Games of China.

05 Future Outlook: Leading Research and Industry Transformation

With Professor Tso’s promotion to Chair Professor of Energy and Sustainability, he will lead further explorations in electricity-free cooling technologies as a senior scholar in the School of Energy and Environment. Supported by Hong Kong’s Research, Academic and Industry Sectors One-plus (RAISe+) scheme, i2Cool is developing three next-generation materials: Passive Radiative Cooling Ceramics (PRCCs), Passive Radiative Cooling Pavement materials (PRCP), and Biodegradable Dual-Mode Thermal Management Textiles (Bio-DTMTs). These innovations aim to provide comprehensive electricity-free cooling solutions for buildings, roads, and personal thermal management.

i2Cool’s long-term vision is to establish a complete electricity-free cooling ecosystem centered on advanced material science and diversified commercial applications. In the context of global “dual carbon” goals, the company aims to leverage cutting-edge innovation to contribute meaningfully to energy efficiency and carbon reduction worldwide

CONTACT: i2Cool Limited, pr@i2cool.com

TWSE Delegation Visit Strengthens U.S. Ties, Reinforcing Taiwan’s Role as an Asian Asset Management Center

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Advertorial Desk
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TAIPEI, March 6, 2026 /PRNewswire/ — Taiwan Stock Exchange (TWSE) Chairman & CEO Sherman Lin will lead a delegation to the United States to meet with international institutional investors and technology companies, as Taiwan’s equity market continues to attract global capital inflows. The visit supports Taiwan’s goal to develop an Asian Asset Management Center and advance the Asia Innovation Capital Platform, thereby strengthening cross-border capital linkages and deepening integration with global markets.

Taiwan’s benchmark TAIEX recently surpassed the 35,000-point threshold, while total market capitalization has exceeded US$3.7 trillion, positioning Taiwan as the world’s seventh-largest equity market. Foreign investors hold more than 47% of listed shares, with the United States among the largest sources of institutional investment.

The visit highlights TWSE’s efforts to strengthen international engagement and to support stable, long-term participation by global investors in Taiwan’s equity market.

“Taiwan has become an increasingly important market for global institutional investors,” Lin said. “Through consistent engagement and transparent communication, we aim to reinforce investor confidence and ensure that Taiwan remains a dependable destination for international capital.”

The U.S. outreach aligns with Taiwan’s strategy to develop an Asian Asset Management Center and advance the Asia Innovation Capital Platform, which seeks to broaden cross-border investment opportunities and strengthen Taiwan’s position in regional capital markets.

During the visit, the delegation will meet with institutional investors to exchange views on market developments and emerging investment trends. Discussions with NYSE, Nasdaq, and other market-infrastructure institutions will focus on regulatory frameworks, product innovation, and opportunities for future cross-border collaboration.

TWSE has also dispatched a listings outreach team to Silicon Valley to engage with the region’s innovation and venture-capital ecosystem, promoting Taiwan as a capital-raising destination for high-growth technology companies. The team will participate in the “2026 Taiwan Demo Day – Spring Edition” on March 14, hosted by the Silicon Valley Taiwan Innovation (SIT) Office, and meet with venture capital firms, startups, and corporate venture investors across sectors including high-performance computing, semiconductors, and AI robotics.

The initiative aims to attract innovative international companies to list in Taiwan while supporting the development of the Asia Innovation Capital Platform and reinforcing Taiwan’s position as a regional hub for technology financing.

TWSE noted that product diversification remains a priority. Both active and passive multi-asset exchange-traded funds (ETFs) have helped propel total ETF assets under management to record levels, strengthening Taiwan’s leading position in the Asia-Pacific ETF market.

About TWSE
The Taiwan Stock Exchange (the TWSE) started operations on February 9, 1962. The TWSE is responsible for operating and advancing the Taiwan securities market. The TWSE’s primary business operations include listing, trading, settlement, and surveillance. These comprise listing promotion and review, post-listing supervision and corporate governance, maintaining market trading and order, securities firms’ services, investor protection, clearing and settlement operations, safeguarding against market defaults and the monitoring of illegal transactions. The Exchange provides comprehensive services to the securities market.

International Monetary Fund Says Laos Economy Stabilizing but Risks Remain

By
Phoudasack Vongsay
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A picture to illustrate that Laos' economy is growing steadily.

Laos has made progress in stabilizing its economy after a period of high inflation and exchange rate pressure, but significant risks remain, according to the International Monetary Fund (IMF).

In its 2025 Laos report, the IMF noted that tighter monetary and fiscal policies introduced in the second half of 2024 helped stabilize the economy.

Inflation, which peaked above 30 percent in 2023, declined sharply to around 7.7 percent in 2025, while pressure on the Lao kip eased.

Economic growth is expected to remain relatively steady at around 4.5 percent until the end of 2026, supported by electricity exports, a recovery in tourism, and continued foreign direct investment.

Debt Risks Persist

However, the IMF cautioned that Laos remains vulnerable to external shocks due to high external debt, limited foreign reserves, and structural weaknesses in the financial sector.

Public debt remains the country’s most significant economic risk, according to the organization. 

According to IMF data, public debt declined from 112 percent of GDP in 2022 to 80.6 percent in 2025, following debt restructuring, negotiations with creditors, and tighter fiscal policies.

If fiscal discipline and economic reforms continue, the IMF projects public debt could fall further to 57.4 percent of GDP by 2030, down from an estimated 75.7 percent in 2026.

However, the organization cautioned that current debt levels remain well above international sustainability thresholds, meaning Laos could face renewed financial pressure if economic conditions weaken or borrowing rises again.

To reduce these risks, the IMF recommended maintaining strong primary budget surpluses of around 2.5–3 percent of GDP, strengthening tax collection, and adopting a clear medium-term debt management strategy.

The organization also called for greater transparency in public debt data and stronger oversight of state-owned enterprises, particularly in the electricity sector, which carries significant financial liabilities.

ATRenew Inc. Announces Appointment of New Director

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Advertorial Desk
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SHANGHAI, March 6, 2026 /PRNewswire/ — ATRenew Inc. (“ATRenew” or the “Company”) (NYSE: RERE), a pioneer in technology-driven recycling and trade-in solutions for consumer products in China, today announced that Mr. Yue Teng has been appointed as a new member of the Company’s board of directors (the “Board”) and the compensation committee of the Board, and Ms. Rui Zhu has been appointed as a new member of the nominating and corporate governance committee of the Board, effective immediately, to fill the vacancies arising from the resignation of Mr. Mervin Ye Zhou. Upon the appointment of Mr. Yue Teng, the Board consists of eight members: Mr. Kerry Xuefeng Chen, Mr. Yongliang Wang, Mr. Chen Chen, Mr. Yue Teng, Ms. Shuangxi Wu, Mr. Jingbo Wang, Mr. Guoxing Jiang and Ms. Rui Zhu.

Mr. Yue Teng is a director of Strategic Investment Department of JD.com (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter)), responsible for overseeing investments in the logistics and industrial property sectors for JD.com and its subsidiaries. Prior to joining JD.com in August 2021, Mr. Teng was an associate in the Real Estate Investment team at Hony Capital and a portfolio manager at Goldstream Investment from May 2018 to August 2021, and a vice president at Amundi Smith Breeden from September 2013 to April 2018. Mr. Teng received his bachelor’s degree in management science in operations research from Fudan University, and his master’s degree in engineering management with a focus on financial engineering from Duke University.

Mr. Kerry Xuefeng Chen, the Company’s Founder, Chairman, and Chief Executive Officer, on behalf of the Board and the management of the Company, said, “We are delighted to welcome Mr. Yue Teng  to the Board. We believe Mr. Teng will bring deep strategic insights that will further strengthen our ongoing collaboration with JD.com. His extensive experience across key sectors—combined with his background in business and finance will provide valuable perspectives as we continue to enhance our leadership in technology-driven sustainable consumption offerings. We look forward to his contribution to boosting corporate performance and long-term value creation.”

About ATRenew Inc.

Headquartered in Shanghai, ATRenew Inc. is a pioneer in technology-driven recycling and trade-in solutions for consumer products in China. Since inception in 2011, ATRenew has been on a mission to give a second life to all idle goods, reducing the environmental impact of pre-owned consumer products by facilitating recycling, trade-ins and distribution that prolong their lifecycle. ATRenew’s open platform integrates C2B, B2B, and B2C capabilities to empower its online and offline services. Powered by proprietary technologies and a scalable platform ecosystem, ATRenew enhances transaction efficiency and pricing transparency for consumers and merchants alike while advancing circular economy standards in China. ATRenew is a participant in the United Nations Global Compact, and adheres to its principles-based approach to responsible business.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. Among other things, quotations in this announcement, contain forward-looking statements. ATRenew may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about ATRenew’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: ATRenew’s strategies; ATRenew’s future business development, financial condition and results of operations; ATRenew’s ability to maintain its relationship with major strategic investors; its ability to facilitate pre-owned consumer electronics transactions and provide relevant services; its ability to maintain and enhance the recognition and reputation of its brand; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in ATRenew’s filings with the SEC. All information provided in this press release is as of the date of this press release, and ATRenew does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Investor Relations Contact

ATRenew Inc.
Investor Relations
Email: ir@atrenew.com  

Christensen Advisory
Email: rere@christensencomms.com

Logitech Unveils Revitalized Hong Kong Office and Launches “Green Alliance” with ISVs

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Advertorial Desk
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HONG KONG, March 6, 2026 /PRNewswire/ — Logitech, a global leader in PC peripherals and video conferencing solutions, yesterday announced the grand reopening of its newly renovated Hong Kong office in Lai Chi Kok. The upgraded space serves as a modern hub integrating intelligent technology with eco-friendly design, embodying the company’s “Simple, Smart, Sustainable” vision for the future of work. Concurrently, Logitech has launched the “Logitech Green Alliance” to collaborate with Hong Kong Independent Software Vendors (ISVs). This initiative aims to help enterprises transform “invisible” office data into quantifiable ESG results, expanding the green tech ecosystem.

Smart Spaces and Green Commitment: Design-Driven Decarbonization

[Image 1] Logitech’s renovated Hong Kong office integrates smart technology and green office concepts, practicing the "Simple, Smart, Sustainable" vision.
[Image 1] Logitech’s renovated Hong Kong office integrates smart technology and green office concepts, practicing the “Simple, Smart, Sustainable” vision.

The newly inaugurated workspace deeply integrates AI video conferencing, personal workspace solutions, and intelligent space management. Aries Sze, Head of HKTW of Logitech, stated: “This is more than just an office renovation; it is a living blueprint for Logitech’s vision of hybrid work. The goal of AI is to augment human productivity, not replace it. By embedding AI into our hardware, software, and cloud management platforms, Logitech solutions empower organizations to maximize operational efficiency and unlock their full potential.”

[Image 2] Aries Sze, Head of HKTW of Logitech, highlighted Logitech’s commitment to innovation and sustainable design.
[Image 2] Aries Sze, Head of HKTW of Logitech, highlighted Logitech’s commitment to innovation and sustainable design.

Regarding the sustainability vision, Sze emphasized that innovation and sustainable design are central to the brand. By selecting low-impact materials, optimizing energy efficiency, and reducing waste, Logitech is committed to achieving measurable carbon footprint reductions. Currently, nearly 80% of Logitech’s product portfolio incorporates Post-Consumer Recycled (PCR) plastic, enhancing user experience while focusing on reducing the absolute carbon impact of products to meet long-term sustainability goals.

Deepening Ecosystem Collaboration: Building a Green Network via Logitech Spot

[Image 3] (From left) Yan Chetelat, Senior Innovation Manager of Logitech; Esther Cheung, Senior Vice President of Digital Technologies and Data Infrastructure of InvestHK; Aries Sze, Head of HKTW of Logitech; Wendy Chow, Head of Digital Technologies and Data Infrastructure of InvestHK; Dickson Mak, Director of Strategic Building Innovation (SBI); and Lester Chan, CEO of Aura Labs, celebrate the Logitech office grand opening and the launch of the Green Alliance.
[Image 3] (From left) Yan Chetelat, Senior Innovation Manager of Logitech; Esther Cheung, Senior Vice President of Digital Technologies and Data Infrastructure of InvestHK; Aries Sze, Head of HKTW of Logitech; Wendy Chow, Head of Digital Technologies and Data Infrastructure of InvestHK; Dickson Mak, Director of Strategic Building Innovation (SBI); and Lester Chan, CEO of Aura Labs, celebrate the Logitech office grand opening and the launch of the Green Alliance.

 

[Image 4] Head of Digital Technologies and Data Infrastructure of Invest Hong Kong, Ms Wendy Chow, delivers a speech at the opening.
[Image 4] Head of Digital Technologies and Data Infrastructure of Invest Hong Kong, Ms Wendy Chow, delivers a speech at the opening.

Supported by Invest Hong Kong (InvestHK), the “Logitech Green Alliance” has officially launched. Centered on the Spot environmental sensor, the initiative empowers ISVs via the open Logitech Sync API to deliver diverse smart-office solutions. By leveraging ISV applications, Spot drives on-demand automation: when a space is detected as vacant, the system automatically adjusts HVAC settings and powers down non-essential devices, or references industry benchmarks to provide quantifiable ESG achievements, safeguarding employee well-being while optimizing performance and reducing operational costs.

[Image 5] Logitech Spot sensor uses advanced millimetre-wave (mmWave) radar to accurately detect occupancy and release empty rooms to eliminate space waste.
[Image 5] Logitech Spot sensor uses advanced millimetre-wave (mmWave) radar to accurately detect occupancy and release empty rooms to eliminate space waste.

Spot utilizes mmWave technology alongside integrated TVOC and particulate sensors to bridge the gap between environmental wellness and spatial efficiency. Spot enables the automated release of vacant rooms, effectively eliminating space wastage. This technology directly addresses key corporate pain points:

  • Energy Optimization: Research shows HVAC systems often account for over 40% of building energy use. Through the Logitech Sync management portal, Spot provides “Health and Energy Scores” to help companies optimize real estate footprints and HVAC efficiency, reaching carbon reduction goals through lowered power consumption.
  • Boosting Employee Performance: Poor air quality stifles productivity. When CO2 levels are too high, studies show employee concentration and performance can drop by 13% to 50%. Spot tracks environmental data in real-time to safeguard employee health.
  • Flexible Deployment & Compliance: Spot features a four-year battery life and supports Bluetooth and LoRaWAN dual-mode deployment. Utilizing Kerlink LoRaWAN gateways, enterprises can connect hundreds of sensors via a single node. Furthermore, it features dual-layer AES-128 end-to-end encryption, ensuring data remains private and tamper-proof from transmission to application, meeting the most stringent corporate security requirements.

[Image 6] The Logitech Sync management portal displays "Health and Energy Score" recommendations provided by Spot.
[Image 6] The Logitech Sync management portal displays “Health and Energy Score” recommendations provided by Spot.

Alliance partner Dickson Mak, Director of Strategic Building Innovation (SBI), noted that combining SBI’s AI solutions with Logitech’s ecosystem provides enterprises with actionable insights. Lester Chan, CEO of Aura Labs, emphasized that deeply integrating the Spot platform into their SeerOS drives measurable sustainability outcomes in the built environment. Logitech will continue to scale the alliance, providing end-to-end technical and commercial support to build a resilient green innovation ecosystem, positioning Hong Kong as an international green tech hub.

Logitech remains focused on AI and sustainable innovation. Whether through personal workspace solutions or enterprise video conferencing equipment, Logitech continues to be “human-centric and data-driven,” helping businesses achieve a win-win for both environmental impact and commercial value in the hybrid era.

Experience the future of the workplace: Book your guided tour of Logitech for Business

[Image 7] A guided tour of the Logitech Hong Kong office, exploring the new "Simple, Smart, Sustainable" workspace experience.
[Image 7] A guided tour of the Logitech Hong Kong office, exploring the new “Simple, Smart, Sustainable” workspace experience.

Schedule a demo session by entering your contact details on the Logitech For Business official website. Our team will provide personalized consultation, professional support to help you unlock the potential of The New Logic of Work.

[Schedule a Logitech for Business Demo Session]

Open hours: Mondays to Fridays, 9 am – 6 pm (by appointment)

Locations:

  • Logitech Office – 10/F, Tower 1, Cheung Sha Wan Plaza, 833 Cheung Sha Wan Road, Cheung Sha Wan, Kowloon, Hong Kong
  • WeWork Hong Kong – 46/F, Lee Garden One, 33 Hysan Avenue, Causeway Bay, Hong Kong

About Logitech for Business
Logitech for Business provides enterprises with comprehensive solutions spanning video conferencing and personal workspace solutions, dedicated to enhancing team collaboration and the high-efficiency work experience. Its extensive portfolio includes conference cameras, audio devices, mice and keyboards, webcams, and headsets. These solutions are fully integrated with the three major video platforms—Microsoft Teams, Zoom, and Google Meet. Combined with professional software support and robust warranty services, Logitech empowers teams to collaborate effectively and seamlessly establish new standards for the smart office.

Logitech and other Logitech marks are trademarks or registered trademarks of Logitech Europe S.A. and/or its affiliates in the U.S. and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company’s website at www.logitech.com.

For more information, please visit:
Logitech for Business Facebook Page：https://www.facebook.com/LogitechBusinessHKTW
Logitech for Business LinkedIn Page: https://www.linkedin.com/company/logitech-for-business-hktw/

Media Contact
Logitech Asia Pacific Limited
Christine Tang
Tel: +852 2624-3648
Email address: ctang4@logitech.com

Ricky Chow
Tel: +852 2624-3634
Email address: rchow1@logitech.com

Vietnam’s Unified Political System Drives to End IUU Fishing

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Advertorial Desk
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Eight years after the EC (European Commission) issued its “yellow card” warning over Illegal, Unreported and Unregulated (IUU) fishing, Vietnam’s entire political system is executing comprehensive measures with unprecedented resolve. The campaign to remove the IUU yellow card transcends mere commercial calculations; it has become inextricably linked to national prestige, the livelihoods of fishing communities, and the sustainable future of the fisheries sector.

HANOI, VIETNAM – Media OutReach Newswire – 6 March 2026 – Combating IUU fishing represents a critical and urgent national mission with enduring implications for sustainable fisheries development. This mission constitutes a collective mandate that rests with the entire political system and society, presenting a pivotal opportunity to restructure, modernise, and transform the fisheries sector’s sustainable development strategy while ensuring social equity.

Removing the EC’s yellow card warning embodies Vietnam’s honour, responsibility, and national interest, essential elements for enhancing the reputation and global competitiveness of Vietnamese seafood products. Simultaneously, combating IUU fishing and developing a responsible, internationally integrated fisheries sector stands as a cornerstone of the blue economy agenda, ranking among the Vietnamese Government’s highest priorities in recent years.

Institutional Reform in Fisheries Management

Vietnam’s commitment manifests through sweeping legislative reforms. Decree 26/2019 established comprehensive traceability requirements, mandating that every kilogram of seafood must carry verifiable proof of legal origin from the moment of harvest until reaching international buyers.

Subsequent decrees (No. 42/2019, 37/2024, 38/2024, 301/2025) have progressively clarified liability, extending sanctions to both vessel owners and captains, substantially increasing penalties for specific violations, and introducing supplementary sanctions and remedial measures to ensure rigorous enforcement. These enhanced penalties strengthen deterrence capabilities against IUU violations.

The amended Fisheries Law 2017, effective January 1, 2026, incorporates crucial provisions including: (i) transferring certain authorities from the National Assembly to the Government/Ministries to ensure responsive IUU enforcement; (ii) delegating authority to establish fishing permit conditions to the Government (Article 50, Clause 2); (iii) expanding regulatory authority over vessel deregistration cases (Article 50, Clause 5); (iv) transferring authority to establish fishing port criteria and the procedures for opening and closing fishing ports to the Minister of Agriculture and Environment (Article 78); and (v) incorporating requirements for export vessels to meet Government-prescribed conditions (Article 66).

Integrated Technology for Vessel Management and Monitoring

Central to implementing the EC inspection team’s fourth-round recommendations is the deployment of a comprehensive fishing vessel management and monitoring system. Bolstered by the Politburo’s Resolution 57 on scientific-technological breakthroughs, innovation, and national digital transformation, technology has become indispensable to the yellow card removal campaign.

The eCDT system now enables end-to-end data digitisation for monitoring vessel port entries and departures, while the Vessel Monitoring System (VMS) tracks all vessels exceeding 15 meters operating offshore.

Fishing vessels may only register for local operations when allocated fishing permit quotas remain available. Registered vessels are comprehensively catalogued in the national fisheries database (VNFishbase), with ownership information verified against the national population database (VNeID), enabling effective management, operational control, and administrative violation processing while ensuring seamless coordination between central and local authorities.

Establishing Traceability Mechanisms for Domestic and Imported Fisheries Products

As of December 31, 2025, Vietnam has declared 86 operational fishing ports, with continued investment in planned ports to enhance vessel monitoring capacity. The nationally deployed eCDT system now manages complete fishing vessel operations while ensuring transparent traceability of harvested aquatic products. System participation among vessels, fishermen, and enterprises continues growing, with mandatory eCDT and electronic logbook implementation scheduled for all operational fishing vessels.

In 2025, the eCDT system recorded 158,885 port departures (an increase of 81,158 vessels, up 104.41% from 2024) and 154,657 port arrivals (up 88,032 vessels, a 132.13% increase from 2024). Certification and confirmation of harvested aquatic product origins now strictly adhere to legal requirements.

Regarding imported harvest traceability: 14 designated seaports have been announced for foreign vessel arrivals, fully implementing PSMA, compliant control measures for imported harvested aquatic materials and container-shipped products. Domestic and imported harvest traceability mechanisms now operate with rigorous oversight, ensuring full compliance with Vietnamese and international legal frameworks. Notably, no violations have been detected in shipments to European markets since the fourth inspection mission (October 2023).

Legal Enforcement and Violation Processing

A unified vessel monitoring system operates consistently from central to local levels, tracking all vessels exceeding 15 meters in offshore waters. By December 31, 2025, all remaining cases of VMS signal loss and unauthorised boundary crossings have been resolved, with continued strict enforcement against emerging violations.

Coastal provincial authorities conduct regular reviews of vessel registration, surveying, and fishing permit issuance to eliminate unregistered, unlicensed, and VMS-deficient vessels and deregistered vessels still operating. These measures have significantly reduced foreign waters violations.

Sanctions against vessels and fishermen violating foreign waters have intensified, producing measurable improvements. In 2025, 20 vessels detained by foreign authorities underwent investigation, with 17 cases (85%) now resolved. Overall detention figures since 2017 show marked reduction, with complete cessation of violations in Pacific island nations. Currently, only six localities report vessel detentions compared to ten previously.
Vietnam maintains an unequivocal zero-tolerance stance toward IUU violations, committing to continued rigorous processing of remaining cases upon receiving complete vessel and captain information from detaining nations.

Analysts suggest the finish line is approaching. “Vietnam has accomplished more in eight years than many nations achieve in decades,” observers note. “Yellow card removal would not merely boost GDP, it would demonstrate Vietnam’s capacity for ocean governance leadership.”
Vietnam presents a transformed reality: bustling ports equipped with digital inspection infrastructure, vessels monitored by satellite tracking systems, and a fishing community actively upholding government mandates.

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

Eddid Financial Awards Bitcoin and Cash in Innovative Bonus Scheme

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Advertorial Desk
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Dual-Reward Scheme Drives TradFi and Web3 Integration

HONG KONG, March 6, 2026 /PRNewswire/ — Eddid Financial (“the Group”) today announced the launch of a “Cash + Crypto” dual-track employee bonus scheme, disrupting traditional corporate reward structures. In addition to standard cash bonuses, employees will now receive Bitcoin (BTC) or virtual asset spot ETFs. This move demonstrates the Group’s long-term confidence in the digital asset market, despite recent short-term volatility, and extends its Web3 DNA from its external business operations into its internal corporate culture.

Bridging Digital and Traditional Finance

Unlike conventional single-asset bonus models, Eddid Financial’s hybrid approach reflects the Group’s strategic role as a bridge between Traditional Finance (TradFi) and Decentralized Finance (DeFi). Crucially, it encourages the team to actively engage with the digital asset market and align with its long-term growth potential.

Eddid ONE: A Unified Platform for Asset Allocation

The bonuses will be distributed entirely through the Group’s flagship smart trading app, Eddid ONE. The app allows users to seamlessly manage a diverse portfolio of stocks, futures, forex, funds, and cryptocurrencies all in one place. The platform currently supports the direct deposit and withdrawal of multiple cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USD Coin (USDC), and Tether (USDT), and supports the in-kind subscription and redemption of tokenised Real-World Assets (RWA) and Bitcoin or Ether spot ETFs.

Showcasing End-to-End Digital Asset Capabilities to Attract Top Talent

Eddid Financial has rapidly expanded its virtual asset footprint in recent years. As one of the first brokerages in Hong Kong to receive regulatory license uplifts from the SFC, the Group holds a distinct compliance advantage. It currently serves as a core liquidity provider in Hong Kong’s digital asset market and remains one of the few brokerages authorized to act as a participating dealer for all listed virtual asset spot ETFs. This new internal reward scheme further proves the Group’s mature capabilities in regulatory compliance, liquidity management, and clearing technology.

Management at Eddid Financial stated: “While short-term market volatility is to be expected, our focus remains on the long-term underlying value of digital assets. Through this dual-track bonus mechanism, our employees can manage their diverse assets via Eddid ONE, personally experiencing the robust, one-stop ecosystem we have built. By offering this, we are inviting our team to share in the long-term upside of the digital economy, while also positioning Eddid Financial as a highly attractive destination for top-tier, forward-thinking fintech talent.”

About Eddid Financial

Anchored in Hong Kong, Eddid Financial is an all-encompassing financial group centered around fintech and dedicated to integrating latest technologies into its enterprise DNA. The diversified businesses of Eddid Financial range from retail to institutional and include but are not limited to fintech, internet finance, wealth management, asset management, investment banking, and digital assets. Eddid Financial is committed to providing one-stop financial services and products to customers through high-quality investment solutions. Members of the Group hold a variety of licenses and memberships across key financial markets. These include Hong Kong Securities and Futures Commission (SFC) regulated activities (“RA”) licenses for types 1, 2, 3, 4, 5, 6, and 9; SEHK and HKCC participant (OTP-C broker number: 0974 and 0977), Insurance Broker Company license; Trust or Company Service Provider License in Hong Kong. Additionally, our fully owned U.S. broker-dealer subsidiary, Eddid Securities USA Inc., maintains approved membership with the Financial Industry Regulatory Authority (FINRA), the National Futures Association (NFA), the Securities Investor Protection Corporation (SIPC), and the Nasdaq Stock Market LLC (NQX), and is a registered with the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in the United States. Our Singapore subsidiary, Eddid Financial Singapore Pte. Ltd., holds the Capital Markets Services License (License No.: CMS101839) issued by the Monetary Authority of Singapore (MAS).

Huawei Launches Next Generation FAN Solution

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Advertorial Desk
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AI Empowers Smart Home Connectivity

BARCELONA, Spain, March 6, 2026 /PRNewswire/ — During MWC Barcelona 2026, Huawei held an ISP Industry Forum themed “AI Reshapes ISPs, Leading B2H and B2B Growth.” Huawei unveiled its Next Generation FAN solution at the event, which uses AI and all-optical technologies to build core network capabilities for global ISPs in the intelligent world, aiming to help them unlock new business potential.

York Yue, Vice President of Huawei and CEO of ISP & Media BU, delivering an opening speech
York Yue, Vice President of Huawei and CEO of ISP & Media BU, delivering an opening speech

“By 2025, AI has transitioned from concept to scaled deployment, fundamentally transforming the ISP industry,” said York Yue, Vice President of Huawei and CEO of ISP & Media BU, in his opening speech. “Internally, it drives network automation, intelligence, and operational efficiency; externally, it enables higher-value B2B services and new monetization models.” Yue also emphasized that ISPs must act decisively, embed AI into their core strategy, and position themselves to capture sustainable growth in the intelligent world.

AI + All-Optical Home Broadband: Building Next-Generation Smart Homes

Smart homes involve various applications like cloud gaming, 8K UHD video streaming, and remote conferencing. These pose higher requirements on the rate, stability, and O&M efficiency of home broadband. To address this, Huawei has released its Next Generation FAN solution. Centered on AI and built on a device-edge-cloud coordinated architecture, this solution provides a comprehensive service system featuring intelligent scheduling, connectivity, services, and O&M. It aims to help ISPs explore new growth potential by improving user experience.

Launch ceremony of Huawei's Next Generation FAN solution
Launch ceremony of Huawei’s Next Generation FAN solution

For home connectivity, the Next Generation FAN solution uses Huawei’s OptiXstar EG series ONTs to provide three intelligent features as follows:

  1. Intelligent connectivity: This feature allows for automatic switchover between frequency bands and delivers Wi-Fi 7 speeds exceeding 2,000 Mbps, offering whole-home coverage and seamless performance for demanding tasks like cloud gaming and 8K UHD video streaming.
  2. Intelligent services: Wi-Fi is integrated with AI algorithms to accurately identify indoor conditions and safeguard home security.
  3. Intelligent O&M: Self-diagnosis and self-optimization capabilities enable the devices to automatically detect and rectify faults for smoother and more efficient network performance.

For home service awareness, the solution uses MA5800T series OLTs that feature AI-driven traffic management, offering dedicated network paths for different smart services with tailored SLA guarantees. This enables reliable performance for diverse applications across healthcare, entertainment, and remote meeting scenarios.

The solution enhances smart home experiences across all scenarios. It helps ISPs stand out in the market while boosting user loyalty and business value.

Embracing AI: Enabling a New Intelligent Future for ISPs

The deep integration of AI with communication networks has emerged as the central driver for industrial innovation and advancement. The intelligent transformation of both home broadband and enterprise networks has reached a pivotal juncture.

“AI is reshaping the ISP industry and driving service growth in both B2H and B2B sectors,” said Huang Dachuan, CTO of the ICT Marketing and Solution Sales Department of Huawei. “AI terminals will become common by 2030. With multimodal capabilities, they will help enterprises reduce costs and improve efficiency, while intelligent and resilient networks will significantly enhance O&M efficiency and user experience.” According to Huang, Huawei has introduced an ISP network architecture for the intelligent world. “This architecture integrates AI cloud DCs, optical access, and IP transport capabilities through technologies such as Data Center Optical Cross-Connect (DC-OXC), Segment Routing over IPv6 (SRv6), and Optical Cross-Connect (OXC). It empowers scenarios such as family healthcare, smart homes, and intelligent O&M, helping customers achieve intelligent service transformation,” said Huang.

As a leading global vendor of ICT infrastructure and smart terminals, Huawei has served more than 8,000 ISPs in over 120 countries and regions with innovative products, solutions, and services. Moving forward, Huawei will keep advancing AI and network integration while collaborating with global customers and partners to accelerate intelligent upgrades for home broadband and enterprise networks. The company aims to bring AI to all homes and industries, creating a strong digital base for the future intelligent age.

For more information about Huawei’s digital and intelligent solutions for ISPs, please visit: https://e.huawei.com/en/industries/isp-and-media/isp 

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