Media OutReach
VinFast inaugurates electric vehicle plant in Hà Tĩnh
The inauguration ceremony of the VinFast Hà Tĩnh EV manufacturing plant was attended by Deputy Prime Minister Nguyễn Chí Dũng, along with senior current and former leaders of the Party, the Government, and Hà Tĩnh Province.
The Hà Tĩnh plant is VinFast’s second EV manufacturing site to officially go into production, and the fifth project within the company’s developing global production network. With construction and equipment installation completed in under seven months, VinFast Hà Tĩnh is one of the fastest-built automobile factories in the world to date.
The factory covers a total area of 360,000 square meters and includes key workshops such as the Body Welding Shop, Painting Shop, General Assembly Shop, a Logistics Warehouse, and a Quality Control Center. In addition, a 240,000-square-meter auxiliary cluster is under construction, with plans for further expansion in the coming years.
VinFast Hà Tĩnh is equipped with one of Southeast Asia’s most advanced and highly automated production lines, featuring state-of-the-art technologies from leading global partners such as ABB, DÜRR, FANUC, and SIEMENS. All manufacturing processes strictly comply with international standards including ISO 9001 (Quality Management Systems), ISO 14001 (Environmental Management Systems), and IATF 16949 (Automotive Quality Management Systems).
In its initial phase, the plant has a design capacity of approximately 200,000 vehicles per year, with an average output of 35 vehicles per hour. Future plans include expanding capacity to meet growing market demand.
To optimize production lines during the early stages, the Hà Tĩnh plant will focus on compact urban EV models such as the VF 3, Minio Green, EC Van, and several upcoming models currently in development. Vehicles produced at the plant will serve both the domestic market and international exports.
The facility is expected to create approximately 6,000 direct jobs in its initial phase, with the potential to expand its workforce to 15,000 in the future, supporting local employment and contributing to the region’s socioeconomic development. Additionally, the presence of VinFast Hà Tĩnh is expected to attract auxiliary partners to set up operations in the industrial zone, creating a synchronized supply chain and advancing the goal of reaching over 80% localization in electric vehicle production by 2026.
Speaking at the ceremony, Mr. Võ Trọng Hải, Deputy Secretary of the Provincial Party Committee and Chairman of the Hà Tĩnh Provincial People’s Committee, congratulated VinFast and praised the important role and contributions of the VinFast Hà Tĩnh plant to the province’s economic and social development. “The Hà Tĩnh provincial leadership is committed to working closely with Vingroup and investors to create the most favorable conditions and swiftly resolve any difficulties, ensuring smooth investment and business operations. We firmly believe that with Vingroup’s strong financial resources, experience, capabilities, and determination, along with the support and consensus of the local people and the close cooperation of the provincial authorities, this site will soon become a modern, environmentally friendly automotive industrial complex that drives Hà Tĩnh’s sustainable economic growth,” Chairman Võ Trọng Hải said.
Mr. Nguyễn Việt Quang, Vice Chairman and CEO of Vingroup, said: “The inauguration of the VinFast Hà Tĩnh plant marks a significant milestone in VinFast’s long-term development strategy and its global production expansion. Once operational, this facility will help VinFast move closer to its goal of producing one million vehicles per year to meet growing demand in both domestic and international markets. It also demonstrates our technological capability, production autonomy, and pioneering vision in promoting sustainable mobility in Vietnam and around the world”.
In the first five months of 2025, VinFast has become the top-selling auto brand in Vietnam, delivering over 56,000 vehicles. The VF 3, VF 5, and VF 6 models have been among the bestsellers. VinFast EVs are also gaining traction in international markets such as the Philippines and Indonesia.
VinFast currently has five manufacturing facilities in development across Vietnam, the United States, India, and Indonesia. In addition to the two operational plants in Vietnam (VinFast Hải Phòng and VinFast Hà Tĩnh), the facilities in India and Indonesia are expected to be inaugurated soon to meet demand in strategic international markets./.
Hashtag: #VinFast
The issuer is solely responsible for the content of this announcement.
About VinFast
VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle (“EV”) manufacturer 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 and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia.
Learn more at 
https://vinfastauto.com/vn_en
New boutique separates luxury brand collections across two dedicated spaces, giving collectors a more focused buying experience
SINGAPORE – Media OutReach Newswire – 12 May 2026 – Watchbook Singapore has opened a second boutique at Far East Plaza, separating its curated collections across two dedicated spaces on the same floor to give collectors a more focused buying experience.
The expansion allows Watchbook to organise its inventory by brand family. The main boutique at #03-139 focuses on Rolex, Patek Philippe, Audemars Piguet and Cartier. The new boutique at #03-55 features contemporary luxury watches including Tudor, Omega, Hublot and other brands.
“By giving each collection its own dedicated space, we can offer collectors a sharper, more personalised experience,” said Anson Toh, chief executive officer at Watchbook Singapore. “This expansion reflects the growing interest in both neo-vintage and modern luxury watches, and our commitment to serving collectors at every level.”
Watchbook enters this next phase as Singapore’s second-highest-reviewed watch dealer, with more than 2,400 verified Google reviews reflecting thousands of successful transactions. Both boutiques are backed by the company’s end-to-end model: in-house authentication, a dedicated service centre staffed by certified watchmakers, and curated inventory under one roof.
Far East Plaza is well-established as a destination for watch enthusiasts and luxury retailers in Singapore. The opening of a second boutique on the same floor reinforces Watchbook’s position at the centre of that community.
Boutique Details
Main boutique
14 Scotts Road,
#03-139 Far East Plaza,
Singapore 228213.
New boutique
14 Scotts Road,
#03-55 Far East Plaza,
Singapore 228213.
Hashtag: #watchbook #fareastplaza
https://watchbook.sg/
https://www.linkedin.com/company/watchbook-singapore/
https://www.facebook.com/watchbooksg/
https://www.instagram.com/watchbooksg/
The issuer is solely responsible for the content of this announcement.
Watchbook Singapore
Watchbook is Singapore’s Neo-Vintage Rolex Specialist and a trusted destination for authenticated pre-owned luxury watches. The company offers one of Singapore’s deepest curated selections of certified neo-vintage Rolex timepieces from the 1980s to 2000s, alongside a broader portfolio including Patek Philippe, Audemars Piguet, Cartier, Omega and more.
As an independent luxury watch dealer, Watchbook operates a fully in-house service centre staffed by certified watchmakers, delivering complete authentication, servicing and warranty support. Recognised as Singapore’s second-highest-reviewed watch dealer, Watchbook serves collectors and enthusiasts who value heritage, character and certified quality.
Short Courses Structured for Busy Professionals
For working adults who want targeted upskilling, SIM Academy’s course listing includes instructor-led programmes that are typically offered in short formats. The 1-day or 2-day course structure may appeal to professionals seeking to build capability while balancing work and personal commitments.
The topics covered reflect a mix of core workplace capabilities and emerging skill areas, including communication skills, cognitive skills, systems leadership, sustainability, as well as broader organisational and leadership competencies. Such short-format training has become a common feature within Singapore’s continuing education landscape, particularly among working adults seeking to remain competitive in a changing job market.
SkillsFuture Funded Training Courses
A number of SIM Academy’s professional development courses are eligible for SkillsFuture Credit and related funding schemes. These funding mechanisms are part of national efforts to encourage lifelong learning and support workforce transformation. The availability of funding-supported courses may lower barriers to participation for individuals and employers, particularly for those pursuing incremental skills upgrading.
Career Switch for mid‑career professionals
SIM Academy offers programmes under the SkillsFuture Career Transition Programme (SCTP). These programmes are designed for individuals considering a shift into new roles or sectors and typically run over 5-6 months. Programme structures may include a combination of classroom learning, practical projects and career support elements such as guidance on job search and career planning.
This reflects a broader trend in Singapore’s training ecosystem, where structured transition programmes are increasingly used to support workforce mobility and adaptation to new job roles.
Flexible Delivery Formats
SIM Academy’s programmes are delivered through a mix of in-person, online and blended learning formats. This allows participants to select learning modes that align with their schedules and professional commitments. Short courses are conducted throughout the year, primarily at SIM Management House, alongside digital learning options that support greater accessibility. Flexible delivery has become an increasingly important feature of professional education, particularly for working adults balancing training with full-time employment.
Part of a Broader Continuing Education Landscape
As industries continue to evolve, demand for continuous skills development remains a key focus within Singapore’s workforce strategy. Short courses, modular training and structured transition programmes are among the approaches adopted by training providers to meet these needs.
SIM Academy’s range of offerings includes shorter, skills-focused workshops and longer-duration programmes designed to support career transitions.
References
- SIM Academy: https://www.sim.edu.sg/professional-development/overview
- Courses offered by SIM Academy: https://www.sim.edu.sg/professional-development/courses/course-listing
- SkillsFuture Courses offered at SIM: https://www.sim.edu.sg/professional-development/courses/skillsfuture-courses
- SkillsFuture Career Transition Programme (SCTP): https://sctp.pd.sim.edu.sg
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
Patented Ingredients Help Malaysian Supplement Brands Stand Out as Wel-Bloom Bio-Tech Expands Market Presence
According to IMARC Group, the Malaysian dietary supplements sector is projected to grow at a CAGR of 4.68% through 2034.Amidst this expansion, Wel-Bloom Bio-Tech emphasizes the importance of leveraging high-barrier patented ingredients. For the beauty and wellness sector, the exclusive ingredient Wel-ROS6® utilizes the “Black Crystal Roselle,” a variety developed over nine years. Through a triple-patented micro-grinding technology, the total anthocyanin content reaches up to 17.7 times that of conventional roselle extracts.
To address the aging population’s needs, Wel-Bloom Bio-Tech also introduces Wel-EGT®, a high-purity ergothioneine extracted through a patented process. This ingredient serves as a core component for cognitive health supplements, offering 5 times the BCAA content of standard chicken essence to support anti-aging and neurological health.
Beyond ingredient innovation, Wel-Bloom’s patented Functional Jelly technology enables preservative-free supplements that maintain 97.8% active ingredient integrity. As an international CDMO and health supplement manufacturer certified under NSF-GMP and HALAL, Wel-Bloom Bio-Tech provides integrated services from R&D to production, empowering Malaysian partners to achieve differentiated positioning in the evolving wellness market.
Hashtag: #Welbloom
The issuer is solely responsible for the content of this announcement.
About Wel-Bloom Bio-Tech
Wel-Bloom is a globally recognized CDMO expert in the health food industry, dedicated to delivering innovative, one-stop solutions. Guided by forward-looking market insights and supported by robust R&D capabilities, Wel-Bloom empowers clients to develop highly competitive, differentiated health food products.
For partnership opportunities and functional ingredient solutions, visit https://welbloom.com/ or search for Wel-Bloom online.
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