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NUS expands start-up hub in Tokyo to propel deep tech innovation
- BLOCK71 Tokyo, its second office in Japan, opens at TAKANAWA GATEWAY CITY, the country’s latest global innovation hub.
- NUS collaborates with Japanese partners, who will invest about ¥1 billion to spur global venture creation.
SINGAPORE – Media OutReach Newswire – 28 March 2025 – NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), is expanding its presence in Japan with the launch of its second BLOCK71 office in Tokyo today. This follows the successful opening of its first location in Nagoya in November 2024. In collaboration with key partners, Central Japan Innovation Capital (CJIC), Kyoto University, and TIS Inc., NUS Enterprise aims to support start-ups, researchers, and students while connecting them with investors. These partnerships align with Japan’s efforts to accelerate the growth of its start-up ecosystem[1].
Located at TAKANAWA GATEWAY Link Scholars’ Hub, BLOCK71 Tokyo will support the growth of Southeast Asian technology-driven start-ups in Japan, contributing to the urban development’s focus on environmental sustainability, mobility and robotics, and smart health. It will also provide Japanese start-ups with the resources needed to expand into Southeast Asia and beyond.
“Japan’s strong foundation in technology and research makes it an ideal environment for start-up growth. It ranks among the world’s top three countries for patent applications and invests over three percent of its GDP in R&D, one of the highest globally. This creates immense potential for innovation. With BLOCK71 Tokyo located in the country’s latest innovation hub, we have a strategic platform to connect start-ups and drive cross-border collaboration. To amplify our impact, we are partnering one of Japan’s top universities, a major corporation, and a leading venture capital firm, all sharing our vision to foster deep tech innovation and build a robust global ecosystem,” said Professor Tan Eng Chye, NUS President, at the opening of BLOCK71 Tokyo.
Professor Tan was joined by Dr Tan Sian Wee, NUS Senior Vice President, Innovation and Enterprise; Associate Professor Benjamin Tee, Vice President (Ecosystem Building), NUS Enterprise; Mr Hiroyuki Takeshima, Executive Officer, East Japan Railway Company (JR East); and Mr Kikukawa Jingo, Director-General, Innovation and Environment Policy Bureau, Ministry of Economy Trade and Industry[JO1] at the opening of BLOCK71 Tokyo.
Building innovation ecosystems through strategic partnerships
Building on the success of its globally recognised BLOCK71 model, BLOCK71 Tokyo will promote knowledge exchange, cross-border innovation, and new opportunities for start-ups entering the Japanese market. To deepen its impact, NUS has inked three new partnerships.
NUS-Central Japan Innovation Capital collaboration
Under a Memorandum of Understanding (MOU) signed by Assoc Prof Tee and Professor Kazuya Takeda, CJIC CEO, CJIC will invest up to five percent of its assets under management in NUS-affiliated deep tech start-ups. The fund aims to raise approximately ¥5 billion by the end of its fundraising, expected in November 2025. A subsidiary of the Tokai National Higher Education and Research System, CJIC supports university start-ups focused on deep tech innovation. NUS and CJIC will also explore broader collaboration opportunities to help start-ups from both ecosystems expand into the Japanese and Southeast Asian markets.
NUS-Kyoto University collaboration
Beyond funding, NUS is enhancing entrepreneurial support for deep tech start-ups through its partnership with Kyoto University, formalised by an MOU signed by Prof Tan and Dr Nagahiro Minato, Kyoto University President. As a first step, Kyoto University will send start-ups to join the NUS Graduate Research Innovation Programme (NUS GRIP). They will also become the first overseas university partner in a localised version of the programme. This will empower Kyoto University’s graduate students, researchers, and alumni to transform research into impactful deep tech ventures, addressing some of the social challenges in Asia and seizing new opportunities.
Both universities will also offer exchange programmes to foster cross-border entrepreneurial experiences. Kyoto University students will have the opportunity to intern at NUS GRIP start-ups, while NUS GRIP start-ups can gain hands-on experience from Kyoto University Innovation Capital Co., Ltd (Kyoto-iCAP), the university’s venture capital arm. This partnership enhances the flow of entrepreneurial talent and deepen innovation ties between the two countries, further boosting their deep tech ecosystems.
NUS-TIS Inc. collaboration
NUS is expanding its global entrepreneurship efforts through a partnership with TIS Inc., one of Japan’s leading IT companies, to build a globally connected start-up ecosystem. This collaboration, formalised through a Collaboration Agreement signed by Prof Tan and Mr Yasushi Okamoto, TIS Inc. Group President, launches the Deep Tech Seed to A Growth Expansion Programme (Deep-SAGE), a tailored start-up acceleration initiative to help seed-stage start-ups worldwide scale towards pre-Series A and Series A funding.
TIS Inc. will commit a total of ¥840 million to support Deep-SAGE over the next three years. This will include three cohorts, each comprising up to 10 start-ups. As part of this commitment, TIS Inc. plans to invest a minimum of ¥55 million each in at least two start-ups per cohort.
BLOCK71 will design and deliver the programme, providing structured support through virtual mentorship sessions and workshops. Start-ups will also have incubation opportunities at BLOCK71 offices across 11 cities, including Singapore, Silicon Valley, Saigon and Suzhou, drawing on a global network that supports international market entry and commercial opportunities.
Through these strategic collaborations, NUS reinforces its position as a leading start-up university in the global innovation landscape, nurturing entrepreneurial mindsets and empowering the next generation of technology entrepreneurs.
Deepening market immersion and cultural exchange in Tokyo
Following the success of its second Japan Immersion Programme in Nagoya held in 2024, where start-ups gained insights into Japan’s manufacturing powerhouse, BLOCK71 Japan will launch the third edition in Tokyo in May 2025. The 2024 programme provided start-ups with a deeper understanding of Japan’s culturally distinct landscape, helping them build connections with local partners, secure new customers, and develop new proof-of-concept projects.
The 2025 edition will focus on the three key themes of TAKANAWA GATEWAY CITY: environmental sustainability, mobility and robotics, and smart health. It will welcome five Southeast Asian start-ups, who will have the opportunity to showcase their solutions at the upcoming GATEWAY Tech TAKANAWA event — a platform for large corporations and start-ups to exchange innovative ideas and solutions. This immersive experience will further strengthen ties between Southeast Asia and Japan, equipping start-ups with the knowledge and networks they need to enter new markets and drive innovation.
Annexe – Quotes by representatives
“As a sub-subsidiary of the Tokai National Higher Education and Research System, CJIC has strong commitment to support university start-ups focused on deep tech innovation and enhance the central Japan economy. NUS and CJIC will also explore broader collaboration opportunities to help start-ups from both ecosystems expand into the Japanese and Southeast Asian markets.”
“NUS and Kyoto University have been collaborating in the field of basic research for some time, but with the signing of this MOU, we will build a new relationship in the field of industry-academia collaboration.”
“Our collaboration with NUS under the Deep-SAGE programme demonstrates TIS Inc.’s unwavering belief in the power of innovation. With this investment, we are poised to accelerate the growth of deep tech start-ups worldwide. This initiative not only reinforces our commitment to global entrepreneurship but also sets the stage for a new era of technology-driven growth.”
“RoPlus participated in the Japan Immersion Programme organised by BLOCK71 Japan in 2024, which proved to be a fruitful experience. We had the opportunity to engage in individual meetings with stakeholders, including end-users and potential investors. Additionally, we showcased our products at Messe Nagoya, where we connected with various industry partners and increased market awareness. Through this programme, we successfully secured a distributor for the Japanese market and engaged two potential end-users. I would like to thank BLOCK71 Japan for fostering a supportive ecosystem and providing a strategic platform for NUS spin-offs to enter the Japanese market.”
“The Japan Immersion Programme from NUS helped me make valuable connections with Japanese companies. We were able to secure a pilot project with one of the companies we met during this programme. It has helped us shape our strategy for entering the Japanese market.”
Hashtag: #NUS
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About National University of Singapore (NUS)
The National University of Singapore (NUS) is Singapore’s flagship university, which offers a global approach to education, research and entrepreneurship, with a focus on Asian perspectives and expertise. We have 16 colleges, faculties and schools across three campuses in Singapore, with more than 40,000 students from 100 countries enriching our vibrant and diverse campus community. We have also established more than 20 NUS Overseas Colleges entrepreneurial hubs around the world.
Our multidisciplinary and real-world approach to education, research and entrepreneurship enables us to work closely with industry, governments and academia to address crucial and complex issues relevant to Asia and the world. Researchers in our faculties, research centres of excellence, corporate labs and more than 30 university-level research institutes focus on themes that include energy; environmental and urban sustainability; treatment and prevention of diseases; active ageing; advanced materials; risk management and resilience of financial systems; Asian studies; and Smart Nation capabilities such as artificial intelligence, data science, operations research and cybersecurity.
For more information on NUS, please visit nus.edu.sg.
About NUS Enterprise
NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), plays a pivotal role in advancing innovation and entrepreneurship at NUS and beyond. We actively promote entrepreneurship and cultivate global mind-sets and talents through the synergies of experiential learning, active industry partnerships, holistic entrepreneurship support and catalytic entrepreneurship outreach. Our initiatives and global connections support a range of entrepreneurial journeys and foster ecosystem building in new markets. We provide expertise and connections to create successful spin-offs and translate innovations into the marketplace through industry collaboration. These initiatives augment and complement the University’s academic programmes and act as a unique bridge to industries well beyond Singapore’s shores.
For more information on NUS Enterprise, please visit enterprise.nus.edu.sg.
About BLOCK71
BLOCK71 is an initiative by NUS Enterprise in collaborative and strategic partnerships with established corporates and government agencies. It is a technology-focused ecosystem builder and global connector which catalyses and aggregates the start-up community. In Singapore, we spearhead new initiatives and provide mentorship and growth opportunities in key local, regional and global markets.
For more information on BLOCK71, please visit block71.co.
About TAKANAWA GATEWAY CITY
Carrying on in the tradition of its past as a gateway to Edo (now known as Tokyo) and a history of innovation that began with Japan’s first railways, TAKANAWA GATEWAY CITY will be an experimental site to create enriching lives for the next 100 years, where the creation of new culture and business continue under the concept of a Global Gateway.
THE LINKPILLAR 1 and the area around Takanawa Gateway Station open at the end of FY2024 (March 2025), with the other buildings (THE LINKPILLAR 2, MoN Takanawa: The Museum of Narratives, and TAKANAWA GATEWAY CITY RESIDENCE) and the surrounding areas to open in FY2025. JR East will continue developing the Shinagawa Development Project to enhance the value of Shinagawa Station area (Shinagawa Station North Exit and Shinagawa Station Block).
For more information on TAKANAWA GATEWAY CITY, please visit takanawagateway-city.com.
About TAKANAWA GATEWAY Link Scholars’ Hub
TAKANAWA GATEWAY Link Scholars’ Hub (LiSH) is the facilities for a start-up ecosystem in TAKANAWA GATEWAY CITY with diverse human resources and systems that support over 100 start-ups. It aims to create solutions to social issues around the world and implement them in society by collaborating with diverse and cutting-edge knowledge, analysing data using the city data platform (city-OS) including railway data, and providing a variety of financial support.
For more information on LiSH, please visit takanawagateway-lish.com.
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VinFast inaugurates 20 e-motorcycle dealerships in Indonesia, expanding its green mobility ecosystem nationwide
The grand opening of VinFast dealers will take place from July 19 to 25, 2026, bringing VinFast’s genuine products and services closer to customers across Indonesia. The 20 new dealerships are located across key regions such as Jakarta, Bandung, Semarang, Yogyakarta, Medan, Palembang, Makassar and many other major provinces and cities nationwide.
The expansion follows strong customer response to VinFast’s Early Booking Program, which has attracted thousands of deposits across Indonesia.
Dealerships will provide a full range of services, including vehicle sales, product consultation, after-sales support, and customer care in accordance with VinFast’s global standards. In addition to showcasing and selling VinFast E-motorcycles, the dealerships will offer customers opportunities to test ride the vehicles, experience the battery swapping solution and home charging options, and learn more about VinFast’s attractive ownership policies. Customers can visit VinFast’s official website at: https://vinfastauto.id/ to locate their nearest dealership and register for a test ride.
The opening campaign kicked off with the VinFast E-Motorcycle Experience Day, taking place on July 18, 2026, at Tribeca, Jakarta. The event welcomed customers, media representatives, KOLs, business partners, and electric mobility enthusiasts to explore VinFast’s e-motorcycle lineup and green mobility ecosystem.
During the event, attendees explored the full range of color options available for the VinFast Evo, VinFast Feliz II, and VinFast Viper, while learning more about each model, VinFast’s battery swapping network, home charging solutions, and the energy infrastructure being developed in partnership with V-Green.
In addition to the product showcase, the event featured dedicated test ride sessions, battery swapping demonstrations, safe riding challenges, interactive games, and opportunities to engage directly with VinFast’s product specialists.
Ms. Vo Thi Cam Tu, Managing Director of VinFast E-scooter Overseas Market, said: “VinFast’s strategy goes beyond introducing high-quality electric vehicles. Our vision is to build a complete ecosystem that makes owning and using electric vehicles more convenient than ever. The launch of 20 dealerships across Indonesia, together with our battery swapping, charging, and after-sales service network, represents another important step toward realizing that vision. We hope more Indonesian consumers will choose E-motorcycles as a smart, economical, and sustainable mobility solution.”
The three e-motorcycle models introduced by VinFast in Indonesia are designed to meet the needs of different customer segments while sharing the company’s advanced technology platform and innovative battery swapping ecosystem.
The VinFast Viper features a sporty design tailored to young, tech-savvy riders. Meanwhile, the VinFast Feliz II and VinFast Evo build upon the proven strengths of their predecessors in Vietnam while incorporating refinements to better suit the needs and preferences of Indonesian consumers.
All three models are equipped with a 5,200W BLDC in-wheel motor. The VinFast Viper and VinFast Feliz II offer a top speed of 90 km/h, while the VinFast Evo reaches 80 km/h. Each motorcycle is designed with dual battery compartments under the seat, allowing the simultaneous use of two 1.5 kWh LFP batteries.
With two fully-charged batteries installed, the VinFast Evo delivers a riding range of up to 150 km, while the VinFast Viper and VinFast Feliz II can travel up to 145 km under standard testing conditions, making them well-suited for both daily commuting and longer urban journeys.
Customers can choose to purchase their motorcycles with batteries included or opt for a battery subscription plan. In addition to battery swapping, the motorcycles can also be conveniently charged at home.
As a special launch benefit, all VinFast E-motorcycle owners will enjoy free battery swapping at V-Green’s public battery swapping stations for one year, with a maximum of 20 battery swaps per motorcycle per month. The motorcycles are also backed by a warranty of up to 4+2 years or 60,000+12,000 kilometers, whichever comes first, helping reduce ownership costs while enhancing convenience and peace of mind.
The simultaneous opening of 20 e-motorcycle dealerships further demonstrates VinFast’s long-term commitment to the Indonesian market. By expanding its retail network, diversifying its product portfolio, and investing in energy infrastructure, VinFast is steadily building a comprehensive green mobility ecosystem that will help accelerate the country’s transition toward sustainable transportation in one of the world’s largest motorcycle markets.
Hashtag: #VinFast
The issuer is solely responsible for the content of this announcement.
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VinFast partners with Bespoke Logistics to strengthen electric motorcycle logistics capabilities in the Philippines
Under the agreement, Bespoke Logistics will operate an integrated mobility processing center and VinFast-authorized service workshop, responsible for warehousing, vehicle inspection, technical preparation of electric motorcycles prior to delivery, vehicle yard management, and transportation. Located in Carmona City, Cavite Province, the 20,000-square-meter facility has a storage capacity of up to 30,000 vehicles, helping streamline vehicle preparation, improve operational efficiency, and ensure product quality before delivery to customers.
As part of the partnership, VinFast will work closely with Bespoke Logistics to implement technician training and certification programs, transfer standardized operating procedures and quality control processes, and establish a parts supply system to support aftersales operations.
Bespoke Logistics specializes in automotive logistics, offering an end-to-end service portfolio that includes pre-delivery inspection (PDI), warehousing, vehicle yard management, transportation, and vehicle delivery. The company also has extensive experience in warehouse-based technical operations and modern vehicle and inventory management systems, serving as a trusted logistics partner for multiple automotive brands in the Philippines.
Partnering with experienced local companies such as Bespoke Logistics will not only strengthen VinFast’s logistics and service capabilities in the Philippines but also provide a strong operational foundation for the delivery of its first electric motorcycles to customers.
The agreement forms part of VinFast’s long-term strategy to develop a comprehensive, international-standard electric motorcycle ecosystem in the Philippines. Alongside the launch of its diverse lineup of battery-swapping electric motorcycles, VinFast is steadily expanding its distribution network, aftersales services, and battery swapping infrastructure to deliver a seamless, convenient, and reliable ownership experience for customers.
Mr. Bui Viet Hung, VinFast Deputy CEO of Global Aftersales Service, said: “At VinFast, world-class products must be supported by robust infrastructure and exceptional aftersales services. Our partnership with Bespoke Logistics is a key milestone in strengthening our distribution and aftersales capabilities in line with global standards, ensuring that customers in the Philippines enjoy high quality products and services from day one of ownership.”
Mr. Allan A. Mina, President and CEO of Bespoke Logistics said: “We are proud to partner with VinFast as it develops its electric motorcycle ecosystem in the Philippines. We are committed to operating the facility in accordance with VinFast’s international standards while continuously enhancing our team’s capabilities and operational processes to support the brand’s long-term growth in the market.”
Over the past few years, VinFast has steadily built a green mobility ecosystem across the Philippines, Indonesia, India, and other international markets through strategic partnerships with local companies and ecosystem partners such as Green GSM and V-Green. In addition to electric motorcycles, VinFast is expanding its product portfolio to include electric cars, electric bicycles, and electric buses, providing consumers with more sustainable mobility options while accelerating the global transition to greener transportation.
Hashtag: #VinFast
The issuer is solely responsible for the content of this announcement.
About About VinFast
VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle (“EV”) company with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses.
VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally while expanding its production footprint with a focus on key markets across North America, Europe, the Middle East and Asia.
Learn more at: 
https://vinfastauto.ph/
About Bespoke Logistics
Bespoke Logistics is a Philippine-based automotive logistics, warehousing, and mobility solutions company specializing in vehicle processing, stockyard management, electric vehicle support services, transportation, and distribution.
Through its Mobility Processing Center platform, Bespoke Logistics provides integrated solutions for automotive manufacturers, distributors, and emerging mobility brands operating in the Philippines.
The decision was announced during the discussion “Competition Development in Global Grain Trade: Joint Efforts of BRICS Countries”, organized by the BRICS Competition Law and Policy Centre on the sidelines of the 23rd Session of the UNCTAD Intergovernmental Group of Experts on Competition Law and Policy in Geneva.
The event included a closed meeting of BRICS competition authorities and a public panel featuring researchers, academics and representatives of international organizations.
Discussions focused on competition in global grain markets, the growing influence of financialization and digitalization across agricultural value chains, and policy tools to improve market transparency. Participants also reviewed the findings of a joint report prepared by the BRICS Competition Centre and UNCTAD (link: https://www.bricscompetition.org/ru/grainreport) , first presented at the 9th BRICS International Competition Conference in Cape Town in 2025.
A coordinated market study
The central outcome of the meeting was the establishment of a BRICS task force that will coordinate a joint sector inquiry into global grain trade within the framework of the BRICS Working Group on Food Markets.
The task force will be co-chaired by Diogo Thomson, President of Brazil’s Administrative Council for Economic Defense (CADE), and Mahmoud Momtaz, Chairperson of the Egyptian Competition Authority (ECA).
Thomson welcomed the initiative and proposed making competition in global grain trade a key topic at the next BRICS International Competition Conference, scheduled to take place in Brazil in 2027.
“Brazil is the only jurisdiction that has launched an investigation into digital grain trading platforms such as Covantis. I therefore strongly welcome this sector inquiry, which will help us better understand the impact of digitalization across grain supply chains and the risks it may create for competition. I also support using the BRICS Competition Centre as the coordination platform for this work,” he said.
Momtaz said one of the main conclusions of the BRICS-UNCTAD report was the significant role speculative activity plays in global grain markets.
“One of the key findings of the report presented by the BRICS Competition Centre is the extent to which speculative factors influence global grain trade. The most effective response is greater market transparency. We should not accept a situation where farmers receive only a small share of the value they create while consumers in Egypt pay excessively high prices for bread. Where does this margin accumulate, and who ultimately benefits from it? These are the questions our sector inquiry should answer,” he said.
He also proposed that the task force develop a common AI-powered price monitoring tool covering BRICS grain markets.
“Such a tool would provide the information needed for market analysis and become an important complement to the joint sector inquiry,” Momtaz added.
From analysis to policy recommendations
Hardin Ratshisusu, Deputy Commissioner of the Competition Commission of South Africa, said the study should contribute to the implementation of the BRICS Grain Exchange initiative endorsed by BRICS leaders in the Kazan Declaration (2024) and the Rio de Janeiro Declaration (2025).
“The proposal to establish a BRICS Grain Exchange should become one of the key recommendations of the sector inquiry as an innovative mechanism for restoring competition in global grain trade. Our objective is not merely to identify market problems but to develop practical recommendations that can ultimately be submitted to the leaders of our countries,” he said.
Alexey Ivanov, Director of the BRICS Competition Law and Policy Centre, said competition authorities should play a central role in designing the institutional framework of the future exchange.
“The BRICS Grain Exchange should not become another formal institution. It must serve as a practical mechanism for improving competition and market transparency. Competition authorities are uniquely positioned to identify the institutional features that will allow the exchange to achieve these objectives,” he said.
Growing international role
Frédéric Jenny, Chairmanof the OECD Competition Committee, said the initiative demonstrated the growing international role of BRICS competition authorities.
“This project illustrates how BRICS competition authorities are becoming drivers of the global competition agenda. In the past, they largely followed the lead of developed jurisdictions. That is no longer the case. There are very few examples worldwide of such close cooperation between competition authorities. This applies not only to joint market studies, but also to enforcement cooperation and competition advocacy. Rather than acting individually, you have found both the mechanisms and the political will to work together,” Jenny said.
The task force will now begin developing the methodology and work plan for the joint inquiry. Its findings are expected to provide policy recommendations aimed at strengthening competition, improving transparency in global grain trade, and supporting future BRICS initiatives in agricultural markets.
Hashtag: #BRICSCompetition
The issuer is solely responsible for the content of this announcement.
