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The Green Ecosystem Surrounding VinFast’s EV Fleet: Fueling Asia’s Inevitable Electric Future
Asia’s booming industries and growing population have made it a major player in the global energy landscape. The region’s energy choices are critical to the worldwide transition towards clean energy sources.
While some Asian countries, like Japan with its CCS Long-term roadmap (2023) and India with its National Green Hydrogen Mission (2023), are taking strides towards green initiatives (according to ResearchAndMarkets.com), there’s more to be done. Distributing clean energy technologies across the continent, especially to countries heavily reliant on fossil fuels to meet their energy demands, is essential.
Electric vehicles are a prime example of a technology that can significantly help Asia achieve its climate goals.
While younger Asians recognize the urgency of a global green transition, electric vehicles have often been perceived as costly and complicated. VinFast has made ‘Making EVs Accessible to All’ a reality by addressing two key challenges: offering a diverse range of affordable EVs to suit various consumer needs and budgets, and developing a robust charging infrastructure to facilitate a smooth transition to electric mobility.
From Products to Production: Building a Comprehensive Green Ecosystem
According to The Economist Intelligence Unit (EIU), the future of Asia’s electric vehicle sector looks promising. The EIU predicts that Asia will dominate the global EV market, accounting for 63% of the 115 million new EVs sold worldwide over the next five years. By 2028, EVs are projected to comprise 39% of all new car sales in the region.
VinFast is demonstrating its commitment to green transformation by expanding its reach beyond established markets like Europe and North America. The Nasdaq-listed company has recently entered the Philippines market, where it has officially launched its brand and commenced EV deliveries. Furthermore, VinFast has broken ground on a new manufacturing facility in India.
India is a crucial market in VinFast’s global expansion strategy. This new manufacturing facility will capitalize on India’s rapidly growing market and solidify VinFast’s global manufacturing footprint, complementing its existing production base in Vietnam.
Beyond its manufacturing facilities, in the future, VinFast is committed to offering the Indian market premium quality products, inclusive pricing, and exceptional after-sales support to ensure widespread accessibility of electric mobility.
Furthermore, following its successful debut at the 2024 Indonesia International Motor Show (IIMS), VinFast has expanded its presence in the Indonesian market. The company has delivered its smart electric vehicles, implemented attractive sales and warranty policies, and is actively expanding its dealer network. To support this growth, VinFast has also broken ground on a new assembly plant in Indonesia.
Its innovative battery subscription policy has been a major hit, earning them the “Pioneering Initiative Driving Green Transition” award from Detik.com and recognition from CNN Indonesia for their contribution to the country’s green goals.
Aligned with VinFast’s vision for a sustainable future, Mr. Pham Nhat Vuong, VinFast’s CEO and founder, is building a comprehensive green ecosystem in Indonesia. This ecosystem includes V-GREEN and Xanh SM.
Recently, V-GREEN partnered with Prime Group, a major conglomerate, to establish a network of charging stations for VinFast EVs across Indonesia. This ambitious project, with a projected investment of $1.2 billion, aims to install approximately 100,000 charging stations within the next three years. This MoU highlights both parties’ commitment to accelerating the adoption of electric vehicles in Indonesia.
Meanwhile, Xanh SM, a ride-hailing service powered by electric vehicles, offers consumers a convenient and sustainable transportation solution. This innovative service enables individuals to participate in the green transformation by adopting electric mobility without the need for personal vehicle ownership.
Making Sustainable Mobility More Accessible to All
VinFast’s success in Asian markets is expected to stem from a customer-centric approach that emphasizes product diversity, good pricing, and exceptional value. This includes offering market-leading warranty policies and attractive sales programs.
To thrive in the dynamic automotive market, VinFast has adopted a multi-pronged approach, offering a diverse range of electric vehicles including eight cars, one bus, nine motorbikes, and one bicycle. This strategy, catering to a wide range of consumer needs and budgets, has proven successful in the Vietnamese market, with VinFast achieving the top spot in car deliveries for the first ten months of 2024.
Notably, VinFast has successfully disrupted the Vietnamese automotive market through a combination of innovative product development and a compelling sales strategy. The introduction of the stylish and practical VF 3, offered at an attractive price point, has been a key driver of this success. This affordable and appealing electric SUV has quickly gained popularity among urban commuters, with high demand and eager anticipation among customers.
Furthermore, the VF 5 is proving to be a game-changer, attracting both individual and commercial customers. Notably, VinFast is witnessing a significant shift towards electric vehicles among traditional taxi operators, driven by the compelling economic advantages of reduced maintenance costs and stable electricity prices compared to fluctuating gasoline prices.
These successes demonstrate VinFast’s ability to not only create new market demand but also drive the widespread adoption of electric mobility in Vietnam.
Driven by the success of VinFast, Vietnam’s automotive market has undergone a dramatic transformation, with electric vehicles now outselling gasoline-powered cars.
VinFast’s success in Vietnam demonstrates the potential for significant EV market growth across Asia. By addressing affordability, charging infrastructure, and diverse transportation options, VinFast is leading the charge towards a sustainable future for the region. This comprehensive approach and VinFast’s expanding presence in key Asian markets position the company as a driver in the region’s inevitable electric future.
Hashtag: #VinFast #EV
https://vinfastauto.us/The issuer is solely responsible for the content of this announcement.
In 2025, popular cryptocurrencies show different dynamics: Bitcoin is up 8%, Ethereum is down 6% as of 27 January 2025, despite uncertain regulatory developments. U.S. President Donald Trump signed an executive order significantly revamping the national cryptocurrency policy. The order established a dedicated cryptocurrency working group to propose new regulations, safeguarded banking services for crypto companies, and prohibited the creation of a competing U.S. central bank digital currency. Additionally, it repealed burdensome accounting guidelines that had previously stifled digital asset adoption—a notable victory for the crypto industry. However, some investors remain sceptical, showing limited enthusiasm despite these advancements. The cryptocurrency market is seeing a sharp decline on Monday, 27 January, with Bitcoin dropping below $100,000 to an 11-day low. This downturn is largely driven by a significant selloff in the technology sector, which has sparked a broader risk-off sentiment among investors. As cryptocurrencies are often considered high-risk assets, this shift in market mood has weighed heavily on their performance.
Additionally, caution surrounding the Federal Reserve’s upcoming meeting is adding to the pressure. Investors anxiously await decisions on interest rates, with concerns that the Fed may keep rates elevated for a prolonged period. This uncertainty about monetary policy has heightened market unease, further contributing to the decline in cryptocurrency valuations.
Therefore, the snake pattern and consolidation of ETHUSD that has formed in recent months may be replaced by a sharp move, after the adoption of new regulations or clear signals on the Fed Funds rate.
Hashtag: #Octa
The issuer is solely responsible for the content of this announcement.
Octa
Octa is an international CFD broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.
The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.
In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine.
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TCMA joins Saraburi Province to mark one year anniversary of progress “SARABURI SANDBOX” Thailand’s first low-carbon city
SARABURI SANDBOX is an area-based collaborative effort, driven by the Public-Private-People Partnership (PPP) approach, comprising three key stakeholders: Saraburi Province, TCMA, and FTI Saraburi Provincial Chapter. Led by the Governor of Saraburi Province and supported by domestic and international partners, aiming at transforming Saraburi into a low-carbon city by fostering collaboration among the government sector, the private sector, civil society, and related industries for various pilot projects of CO2 reduction.
A year of action since the joint declaration of commitment on August 15, 2023, the tangible and significant progress has been made across five key focus areas: 1) clean energy transition, 2) green industry promotion, 3) waste to value, 4) low-carbon agriculture, and 5) green space expansion. The project still continues with collaborative effort of all sectors, including to seek additional green funding to achieve a target reduction of 5 million tons of carbon dioxide equivalent by 2027.
Mr. Bancha Chaowarin, Governor of Saraburi Province emphasized the collaborative approach, outlining four key working principles: 1) immediate action, 2) trial-and-error, flexibility and adaptability, 3) respectful dialogue and consensus-building, and 4) maintaining a positive working atmosphere. The Saraburi Governor affirmed Saraburi’s readiness to serve as a lab city for new technologies and innovations, with the goal of replicating successful models across other provinces, leading to tangible greenhouse gas reduction outcomes, and spreading economic and social benefits to the locals of Saraburi. The Saraburi Governor stressed that the next phase requires continued cooperation, particularly policy support from the government to achieve the Thailand Nationally Determined Contribution (NDC) goals.
Dr. Chana Poomee, Chairman of Thai Cement Manufacturers Association (TCMA) and Vice Chairman of the Federation of Thai Industries stated that TCMA, as a representative of Thailand’s leading cement manufacturers and a key manufacturing sector in Saraburi, TCMA plays a pivotal role in this project, is committed to achieving net-zero carbon emissions by 2050, in alignment with the Thailand 2050 Net Zero Cement and Concrete Roadmap. TCMA’s contributions to building Saraburi as the first low-carbon city of Thailand include optimizing cement production processes, fostering collaboration among stakeholders, and seeking green fund and opportunities for international cooperation.
Over the past year, the cement industry has made significant contributions to the SARABURI SANDBOX across several areas: 1) Industrial Process and Product Use (IPPU): research and development of clinker substitution, leveraging nanotechnology to enhance cement properties. Collaboration among stakeholders is essential for knowledge development, machinery upgrades, investment incentives, and regulatory adjustments to promote the adoption of hydraulic cement-a low carbon cement. These actions can contribute CO2 reduction by over 1 million tons in 2023-2024. 2) Green and Smart Mining: efficient resource utilization, coupled with sustainable land rehabilitation to benefit local communities and the environment. 3) Clean Energy Transition: implementation of waste heat recovery (WHR) systems, increased use of renewable energy sources such as solar power, and adoption of biomass and refuse derived fuel (RDF) to replace coal through the co-processing in cement kilns. These measures are expected to cut carbon emissions by approximately 9-12 million tons per year and mitigate PM 2.5 pollution from agricultural burning, while generating additional income for farmers and promoting efficient waste management to zero landfill. 4) Carbon Value Creation: researching carbon utilization methods, including CO2-to-Methanol. Notably, SARABURI SANDBOX has become the first industrial cluster in Thailand accepted into the Transitioning Industrial Clusters Initiative of the World Economic Forum.
Dr. Chana Poomee highlighted that while significant progress has been made, achieving the goal of establishing a low-carbon city requires innovative approaches, strong leadership across sectors, strong local administration, and substantial international support. Moving forward, increased collaboration with organizations such as the Global Cement and Concrete Association (GCCA), the United Nations Industrial Development Organization (UNIDO), the German International Cooperation Organization (GIZ), and other global entities will be crucial in supporting energy transition and carbon capture, utilization, and storage (CCUS) efforts. Dr. Chana emphasized the need for government policies to provide essential support, including knowledge sharing, technological integration, and funding to facilitate meaningful change.
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The “SARABURI SANDBOX: Joining Forces to Create Thailand’s First Low-Carbon City” event was held on January 22, 2025, the Navaminda Kasatriyadhiraj Royal Air Force Academy (NKRAFA), Muak Lek District, Saraburi Province. The event aimed to raise public awareness, extract key lessons from the past year, and brainstorming to gather input from various sectors to shape the future strategies of SARABURI SANDBOX. More than 700 participants from different sectors attended the event.
Hashtag: #TCMA #ThaiCementManufacturersAssociation
The issuer is solely responsible for the content of this announcement.
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The EM DISTRICT Bangkok Unveils Spectacular Chinese New Year Celebrations with 3,000 Panda to Mark 50 Years of Thai-Chinese Diplomatic Friendship
From January 22 to February 23, EM DISTRICT will be transformed into a whimsical panda wonderland with the installation of 3,000 adorable panda sculptures. Enhancing the experience, a lively Panda Flash Troop will perform twice daily from January 27th to January 29th, adding an extra touch of excitement and joy for families and visitors of all ages. On the 26th – 27th of January there will be a Panda Culture truck that will showcase Panda ecosystem for all to see as it cruises throughout the city of Bangkok starting from Asoke intersection to the Grand Palace and back to EM DISTRICT.
Food lovers will be treated to a culinary adventure at the Chinese Boulevard Street Food and Tea House Market, hosted at Emquartier. This market will feature 30 carefully curated vendors offering an array of authentic Chinese dishes, traditional teas, and irresistible snacks, promising a feast for the senses.
At Emsphere’s Em Market Hall, the Panda Exhibition Showcase and Café will provide a platform to explore and shop for top-selling Chinese products. Running from January 22nd to February 25th, this unique showcase brings the best of China’s craftsmanship and innovation directly to Bangkok, offering visitors a chance to discover exclusive items and cultural treasures.
A Grand Golden Dragon Theme Across EM DISTRICT in this celebration of the Year of the Golden Dragon, all three EM DISTRICT malls will feature stunning golden dragon designs, symbolizing prosperity, strength, and good fortune. These intricate and immersive decorations aim to captivate visitors and create a festive ambiance that resonates with the spirit of Chinese New Year.
The EM DISTRICT Bangkok invites everyone to be part of this historic celebration which will include Chinese face changing shows, concerts, lion blessing troop to commemorate five decades of Thai-Chinese friendship through vibrant festivities, iconic installations, and cultural showcases. Don’t miss this unforgettable event that bridges cultures and communities in the heart of Bangkok.
Hashtag: #EMDISTRICT
The issuer is solely responsible for the content of this announcement.
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