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VinFast Deepens Its EV Push in the Middle East Through Technology and Smart Mobility
As Gulf markets accelerate toward smart and sustainable mobility, VinFast is expanding its EV presence in the Middle East with technology-focused products, connected vehicle capabilities, and long-term ownership solutions.
DUBAI, UAE – Media OutReach Newswire – 8 May 2026 – The Middle East is increasingly emerging as one of the next major battlegrounds for global electric vehicle brands, particularly as younger consumers across Gulf countries show rising interest in smart, technology-focused mobility solutions that combine premium specifications with advanced software and digital experiences. That shift has opened the door for newer EV manufacturers to compete alongside more established automotive brands.
The opportunity reflects larger market dynamics already transforming the region. Asian EV brands have rapidly expanded their footprint across Gulf countries in recent years, supported by growing demand for feature-rich vehicles, manufacturing scale advantages, and increasingly competitive pricing.
Against that backdrop, VinFast is positioning itself as part of a broader transformation reshaping the automotive landscape across the region. As governments accelerate investments in renewable energy, charging infrastructure, and smart city development, the transition toward electric mobility is gaining momentum across the Gulf.
For VinFast, the Middle East represents a strategic growth market within its wider international expansion plan. The company has been strengthening its presence with the VF 8 electric SUV, targeting consumers seeking a combination of advanced technology, premium features, and long-term ownership value.
VinFast’s broader strategy aligns closely with those changing consumer expectations. Rather than operating solely as a conventional carmaker, the company is developing a vertically integrated EV ecosystem that combines intelligent software, connected services, and smart manufacturing capabilities.
Globally, VinFast has delivered more than 400,000 vehicles and accumulated several years of real-world driving data. That foundation has supported the development of Advanced Driver Assistance Systems, connected vehicle technologies, and over-the-air software capabilities designed to continuously improve the ownership experience.
In the Middle East market, the VF 8 is positioned around technology, comfort, and practicality for regional driving conditions. The all-electric SUV offers dual-motor all-wheel drive capability with up to 402 horsepower in the Plus variant and a driving range of up to 493 km on a full charge under the NEDC standard.
Developed in collaboration with Italian design house Pininfarina, the VF 8 combines a modern exterior design with a spacious cabin focused on digital integration and passenger comfort. Available features include a 15.6-inch infotainment display, ventilated seats, a panoramic sunroof, an air ionization-equipped climate control system, and multiple ADAS technologies, including Highway Assist, Adaptive Cruise Control, Blind Spot Detection, and 360-degree Surround View Monitoring.
VinFast is also emphasizing after-sales support and ownership assurance as key differentiators in the region. The company offers a 10-year vehicle warranty or 200,000 km, alongside a 10-year unlimited-kilometer battery warranty. Customers additionally receive access to mobile services, roadside assistance, DC fast charging networks, and over-the-air software updates.
As Gulf markets continue embracing electrification and smart mobility concepts, VinFast is seeking to establish itself as a long-term player in the region’s evolving automotive sector. By combining advanced technology, connected vehicle capabilities, and scalable EV solutions, the company is reinforcing its ambition to compete in one of the world’s fastest-changing mobility markets.
Hashtag: #VinFast
The issuer is solely responsible for the content of this announcement.
Media OutReach
Taiwan International Plant-Based Festival Launches in Singapore: High-End Culinary Partnerships and Diplomatic Exhibitions Shape Premium Agri-Product Branding
The culinary campaign features a high-profile partnership between “Yang Ming Spring”—a prominent Taiwanese pure vegan culinary group honored with the Michelin Green Star—and Si Chuan Dou Hua Restaurant at PARKROYAL on Beach Road under the Pan Pacific Hotels Group. From July 1 to September 30, this exclusive plant-based menu highlights premium fresh ingredients sourced directly from Taiwan, including water snowflake, green bamboo shoots, cabbage, tea leaves, and the rising export star, the “Mango Pineapple,” elevating Taiwanese produce onto international five-star tables.
The launch was attended by MOA Deputy Minister Hu Jong-I, Ministry counselor Wu Wen-ling, Pan Pacific Hotels Group Executive Director Ms. Wee Wei Ling, and Yang Ming Spring Founder Mr. Chen Chien-Hung. Deputy Minister Hu noted that this festival marks a critical milestone for Taiwanese agriculture as it integrates with green gastronomy globally. The MOA aims to connect Singaporean consumers with Taiwan’s top-tier produce, establishing a premium brand image rooted in food safety and trust to unlock future export channels.
The launch elegantly incorporated Taiwan’s Phalaenopsis orchid floral aesthetics to create a “five-sensory feast” that harmonized taste, vision, and cultural narrative, solidifying Taiwan’s premium brand image. The event successfully drew over 80 distinguished guests, including mainstream Singaporean media, food critics, business chamber representatives, and executive chefs.
Concurrently, the official residence of the Taipei Representative Office in Singapore hosted the festival’s thematic opening reception, serving as a premier venue for cultural diplomacy and showcasing the narrative of Taiwan’s agricultural excellence. The exhibition focused on three themes: Taiwanese orchid aesthetics, Mango Pineapple innovation, and sustainable agriculture tourism. This space demonstrated Taiwan’s agricultural evolution from precision R&D to green sustainability, highlighting its export potential to foreign diplomats and Singaporean trade buyers.
The MOA emphasized that the initiative’s core strategy is to “drive tangible procurement through engaging and immersive experiences in our target markets.” By bridging high-end dining with diplomatic prestige, the three-month campaign will maximize the visibility of Taiwanese agri-products across Southeast Asian markets. Aligning with global net-zero sustainability trends, the festival establishes a safe, premium brand image, paving the way for Taiwanese agriculture to integrate into global high-end supply chains and broader Asia-Pacific channels.
Hashtag: #YMSpring
The issuer is solely responsible for the content of this announcement.
Media OutReach
SIM Academy Enhances Flexible Upskilling Pathways for Adult Learners and Working Parents
As workforce transformation accelerates, many adult learners face a common challenge: balancing professional responsibilities, caregiving commitments, and personal development. Recognising that time constraints remain a key barrier to learning, SIM Academy has developed a range of flexible programme formats that enable learners to upskill without disrupting their daily routines.
Short and focused pathways for working parents
Learning programmes with long course duration can be intimidating for busy adults. Working parents often prefer shorter and more manageable course modules. This is especially useful for parents who may only have short windows of time in the evenings, during lunch breaks, or over the weekend.
Instead of commuting to class every session, parents can learn from home and control their pace more easily. SIM Academy’s online courses are designed to support career mobility and future-proof skills. This is a practical option for learners who need both flexibility and relevance. When pathways are flexible, learners can choose the direction that best aligns with their current stage of life and career.
Supporting career progression across growth areas
SIM Academy’s learning pathways are structured to support progressive skill development across key industry domains. Learners can begin with foundational courses and advance to specialised areas aligned with their career goals.
For instance, individuals seeking to transition into digital roles can build core capabilities before moving into more advanced technical or applied programmes. Similarly, professionals aiming to strengthen leadership competencies can develop skills in communication, collaboration, and people management.
In response to the growing importance of sustainability, SIM Academy also offers programmes tailored for senior professionals, including C-suite leaders, senior management, and SME decision-makers. These courses focus on equipping leaders with the knowledge and tools to address climate-related risks, strengthen governance frameworks, and integrate sustainability into business strategy in line with evolving regulatory requirements.
Enabling Lifelong learning through flexible delivery
As organisations continue to evolve, SIM Academy remains committed to enabling lifelong learning through accessible, practical and flexible education pathways that support both professional growth and personal responsibilities.
References
- Catalyse Your Career Growth with SIM Academy: https://www.sim.edu.sg/professional-development/overview
- Why Learn at SIM?https://www.sim.edu.sg/professional-development/why-sim-for-professional-development
- Online short professional courses: https://www.sim.edu.sg/professional-development/courses/online-courses
- Sustainability courses for C-suite Leaders: https://www.sim.edu.sg/professional-development/courses/sustainability-courses
Hashtag: #SIMAcademy #SIMA
The issuer is solely responsible for the content of this announcement.
About SIM Academy
SIM Academy provides leading-edge professional development and enterprise solutions. SIM Academy offers over 300 executive and business programmes that help almost 10,000 professionals annually on average hone their competencies to drive business value and achieve peak personal and enterprise performance.
Our programmes encompass a comprehensive range of lifelong learning opportunities designed to empower professionals with the knowledge, skills, and competencies necessary to become effective change-makers and leaders in today’s volatile and uncertain business landscape.
For more information on SIM Academy, visit sim.edu.sg
Media OutReach
Yeebo Announces Annual Results for FY25/26 Consolidated Revenue Increased by 13.7% to Approximately HK$1,181 Million Profit Attributable to Owners Amounted to Approximately HK$1,951 Million
AI Business on the Rise, Revenue Soared by Nearly 2.8 Times Fuelling Future Growth
HONG KONG SAR – Media OutReach Newswire – 1 July 2026 – Yeebo (International Holdings) Limited (“Yeebo” or the “Company”, stock code: 00259.HK, which together with its subsidiaries is referred to as the “Group”) announces its annual results for the year ended 31 March 2026 (the “Year”).
The Group recorded a consolidated revenue of approximately HK$1,181.0 million for the Year, representing a year-on-year increase of 13.7%. The Group’s product portfolio comprises Liquid Crystal Displays (“LCDs”), Liquid Crystal Display modules (“LCMs”), Thin Film Transistor modules (“TFTs”), Capacitive Touch Panel modules (“CTPs”) (collectively “Display Business”), as well as artificial intelligence (“AI”)-related products and AI computing services (collectively “AI Business”). During the year under review, revenue for Display Business increased by 2.6% to HK$1,021.7 million. Among which, the contribution of CTPs to the Group’s total revenue has become increasingly significant, reflecting the Group’s progress in expanding into higher value-added product segments. Meanwhile, the AI Business recorded strong growth, with revenue rising significantly by nearly 2.8 times to HK$159.3 million, emerging as a new growth driver. This rapid expansion highlighted the Group’s early success in developing this segment, which is expected to play an increasingly important role in supporting the Group’s long-term revenue and profitability.
For the year ended 31 March 2026, the Group achieved a gross profit of HK$125.9 million. The gross profit margin decreased slightly to 10.7%. This decline was mainly due to the high fixed costs associated with the AI Business. Profit attributable to owners of the Company surged to approximately HK$1,950.6 million, representing a decrease of HK$838.1 million as compared with that for the preceding year. This was primarily due to a non-recurring gain recorded in the preceding year from the disposal of the Group’s entire interests in Nantong Jianghai Capacitor Company Ltd. (“Nantong Jianghai”) (including the deemed disposal of the remaining 13.81% equity interests), which was a former associate of the Group. Basic earnings per share were HK212.7 cents. The board of directors (“Board”) has proposed to recommend the payment of a final dividend of HK5.0 cents per share for the Year.
Commenting on the annual results of the Group, Mr. Fang Yan Tak, Douglas, Chairman of Yeebo, said, “During the year under review, the global business environment remained challenging. Amid geopolitical tensions and macroeconomic uncertainties, Yeebo remained committed to prudent execution, strengthening operational resilience, and focusing on long-term value creation. On one hand, we continued to broaden the application base of our core display business and deepen customer relationships. On the other hand, we made encouraging progress in scaling up our AI business, advancing ecosystem development, and driving commercial deployment. During the Year, the Group continued to increase its investment in AI compute and related businesses, achieving notable results in building a more comprehensive domestic AI compute service platform in Mainland China. Benefiting from the rapid development of the domestic AI compute industry, our AI business delivered strong growth and has increasingly become a key engine driving the Group’s overall development.”
For the Display Business, Yeebo is encouraged by the meaningful progress made in broadening our product offering, reflecting stronger product development capability and deeper engagement with customers. During the Year, the Group successfully secured consistent or first mass production orders across four application segments, namely (i) commercial coffee machines, (ii) automotive, (iii) household appliances and (iv) agricultural and construction machinery, demonstrating the Group’s continued market expansion and laying a solid foundation for robust growth in Display Business going forward.
Regarding to the AI Compute and related business, Yeebo has operated its AI compute and related businesses through its wholly owned subsidiary, Suanova Technology Limited (“Suanova”) over the past few years, and has successfully established itself as a key participant in China’s AI industry value chain. Yeebo continued to step up its investment in AI compute and related businesses during the Year. Its investments into early-stage AI companies, including MetaX Integrated Circuits (Shanghai) Co Ltd (688802.SH), Shanghai Biren Technology Co Ltd (06082.HK) and Shanghai Xizhi Technology Co Ltd (01879.HK), have generated strong and favorable returns.
For the AI Business development, the Group expanded the number of domestic graphics processing unit (“GPU”) clusters operated or managed under the public cloud service model to five, with utilization generally maintained at above 90%. These compute resources supported a broad range of AI for Science (“AI4S”) applications as well as foundation model training and inferencing scenarios. It demonstrated the Group’s increasingly mature capabilities in multi-network architecture compatibility, multi-platform scheduling, layered compute optimization and diversified application deployment. At the same time, the Group began to engage in the integration and delivery of private cloud GPU clusters of different scales and commenced the development of full-stack end-to-end AI solutions, taking initial steps toward becoming a domestic compute service provider with broader and more comprehensive service capabilities.
Over the past year, users of domestic GPU clusters were primarily concentrated in the AI4S field. Through long-term collaboration with leading universities and research institutions (Shanghai Jiao Tong University, Fudan University, Tsinghua University, the Shanghai AI Laboratory, the Shanghai Institute for Advanced Algorithms, Zhejiang University, Hong Kong Polytechnic University, Hong Kong University of Science and Technology, Westlake University etc.), the Group established a strong base of core users for the domestic GPU clusters. The Group progressively expanded the usage of domestic GPU clusters to foundation models and vertical industry-specific models across both training and inferencing. Through investing in selected early-stage AI companies with differentiated core capabilities, the Group further promoted the adoption of domestic GPU clusters. In addition, the Group has also completed the first single domestic GPU cluster training task at the thousand-card scale, further strengthening its leading position in the industry.
The Group believes the long-term strategic importance of domestic compute capabilities remains compelling. Through equity investments, joint research and development and business collaboration, the Group has actively begun to build an integrated ecosystem. Leveraging the AI computing ecosystem, the Group has collaborated closely with various key domestic hardware and software partners to enhance mutual compatibility and achieve synergistic optimization. This further strengthens the Group’s capabilities in computing adaptation and scheduling optimization. Looking ahead, the Group will further accelerate the development of end-to-end domestic AI compute solutions for selected industries, including healthcare, financial services and AI4S, as well as model tools and extensions (such as low bit low resource training and memory OS). By combining relevant AI solutions with integrated domestic AI compute hardware and software, and offering flexible deployment through public cloud or private cloud models, we believe this business is increasingly well positioned to capture the opportunities arising from the continued development of AI.
The Group’s capacitor-related investment interests continued to contribute to the overall strength of the Group’s asset base during the Year. As at 31 March 2026, the Group held 100,600,932 shares in Nantong Jianghai, with a fair value of approximately HK$3.3 billion.
Mr. Fang Yan Tak, Douglas, Chairman of Yeebo, concluded, “Looking ahead, we will continue to refine our product portfolio, elevate production excellence, and optimize our customer structure to sustain our market position in the display market, while exploring new applications for our products across various sectors. We will continue to strengthen its strategic deployment in AI computing, and actively support Suanova in unlocking its technological innovation capabilities and platform potential. We believe that as AI applications continue to expand and deepen, computing power is gradually evolving into a core driving force behind a new wave of industrial upgrading. In the face of the historic opportunities brought by the AI wave, the Group will further intensify its investment in AI business, focusing on high-growth technology companies, and create synergies through collaboration to fully capture the development opportunities arising from the continued expansion of the AI computing market. We firmly believe that by upholding our commitment to technological innovation and continuously deepening ecosystem collaboration, we will sustain a leading position in the intelligent era and deliver long-term, sustainable value to the Group and its shareholders.”
Hashtag: #Yeebo
The issuer is solely responsible for the content of this announcement.
About Yeebo (International Holdings) Limited
Founded in 1988, Yeebo (International Holdings) Limited is a diversified electronic component company with a well-established presence in the global market. The Company’s core business spans flat panel displays, computing power and capacitors, serving a broad spectrum of industrial and consumer applications. Headquartered in Hong Kong, Yeebo operates its manufacturing operations primarily in the Guangdong and Jiangsu provinces, supporting a global sales network that ensures localized service and support for its international clientele.
In alignment with its long-term strategic vision, Yeebo is leveraging its robust operational foundation to expand into the Artificial Intelligence (“AI”) compute and related sectors. This initiative reflects the Company’s commitment to innovation and technological advancement, with the objective of positioning Yeebo as a leading and influential participant in the rapidly evolving AI industry across Chinese Mainland and Hong Kong.
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