Media OutReach
Vingroup Simultaneously Launches and Inaugurates 11 Key Projects in Vietnam
Among these activities, the groundbreaking ceremony of Vingroup’s Olympic Sports Urban Area Investment and Construction Project in Hanoi served as the central broadcast location for the live-televised program marking the commencement, inauguration, and technical opening of projects and works celebrating the 14th National Congress of the Communist Party of Vietnam. The event was honored by the presence of Prime Minister Pham Minh Chinh, Secretary of Hanoi Party Committee Nguyen Duy Ngoc, along with leaders of the Party and State, leaders of central ministries and agencies, and the leadership of Hanoi.
Speaking at the event, Prime Minister Pham Minh Chinh emphasized that the projects and works commenced, inaugurated, and technically opened on this occasion are large-scale developments with complex technical requirements, playing a particularly important role in socio-economic development, with several record-setting features. First, they represent the largest total investment ever, amounting to 3.4 quadrillion VND. Second, they feature the highest level of private sector participation, with nearly 2.8 quadrillion VND, accounting for 82% of total investment. Third, they include the single largest investment project to date, the Olympic Sports Urban Area, with total capital of 925 trillion VND.
“These are critical foundations for a synchronized and modern infrastructure system that meets the country’s development needs in the new era. They are key links in the effort to build a peaceful, stable, deeply integrated, prosperous, civilized, thriving, and happy Vietnam, steadfastly advancing towards socialism,” the Prime Minister said.
The Olympic Sports Urban Area investment and construction project covers more than 9,171 hectares, with total investment of approximately VND 925 trillion. This marks the largest urban area in Vietnam, spanning 11 communes. Located at the southern gateway of Hanoi, the Olympic Sports Urban Area sits at the intersection of Ring Road 3.5, Ring Road 4, National Highway 1A, the Phap Van – Cau Gie expressway, and especially adjacent to Ngoc Hoi Station, opening significant potential for sports urban development integrated with modern public transport.
The project is planned into four zones with the goal of creating a sports city and service city associated with a world-class sports complex, enhancing Hanoi’s position on the continental and global sports and cultural map and creating sustainable development momentum for decades.
The heart of the sports complex is a national-level facility, the Trong Dong Stadium, developed on an area of 73.3 hectares with a capacity of up to 135,000 seats. It is designed as a FIFA-standard stadium with the world’s largest seating capacity and the largest fully retractable roof. Beyond its record-breaking scale, Trong Dong Stadium is also one of the most distinctive stadiums globally, featuring design elements inspired by Vietnamese culture, richly incorporating Dong Son bronze drum motifs, creating a structure that is both modern and symbolic of Vietnamese spirit.
Notably, the stadium is positioned as a green and smart facility, integrating AI with the ability to replace the pitch surface within 6-10 hours; smart seats connected via 5G; real-time security and crowd management; water collection and recycling systems saving 70% of clean water; heat and UV resistance; and natural ventilation to reduce air conditioning energy consumption and noise. The stadium also includes a dedicated VVIP area meeting standards for hosting international heads of state at major events.
The Trong Dong Stadium is expected to be completed in August 2028.
In urban development, alongside Hanoi, in Quang Ninh Province, Vingroup and Vinhomes have broken ground on the Ha Long Xanh integrated urban project in Ha An Ward, Quang Ninh Province. Located adjacent to Ha Long Bay, a UNESCO World Heritage site, with a total scale of more than 4,100 hectares, among the largest in Vietnam, Ha Long Xanh is planned as a “globally-connected wonder city by the heritage bay.” The project is connected domestically and internationally by the Hanoi – Hai Phong – Ha Long – Van Don – Mong Cai expressway, a network of airports and international seaports, and especially the Hanoi – Quang Ninh high-speed railway currently registered for investment by VinSpeed High-Speed Railway Investment and Development Joint Stock Company. The Ha Long Xanh integrated urban area is expected to bring its first components into operation from 2028.
Following the Ha Long Xanh coastal mega city, a consortium of investors including Vinhomes Joint Stock Company, Cam Ranh Investment Joint Stock Company, and VinES Energy Solutions Joint Stock Company has broken ground on the Cam Ranh Bay Coastal Urban Area project. Covering more than 1,254 hectares, the project is planned to maximally preserve the pristine beauty of one of the world’s most beautiful bays, positioning Cam Ranh as an ideal place of residence for elite communities both domestically and internationally, while elevating Khanh Hoa’s standing in the South Central Coast region.
The next urban project launched is the Song Tri Ward Urban Area in Ha Tinh, covering 84.12 hectares. With an integrated system of schools, medical centers, parks, and commercial and entertainment facilities, the Song Tri Ward Urban Area is one of the largest urban projects in the locality, contributing to improved quality of life for residents.
In the social housing segment, Vingroup continues to affirm its pioneering role by breaking ground on the Social Housing Project in Pho Hien Ward, Hung Yen Province, covering 31.1 hectares with 25 apartment buildings. Beyond meeting essential housing needs for workers, the project provides an integrated and superior all in one amenities system including schools, medical facilities, parks, and parking areas. The project is expected to be handed over in 2027.
On the same day, in Nghe An, Vincom Plaza Vinh is officially inaugurated, marking the presence of the 90th Vincom shopping center nationwide and standing as one of the most modern shopping centers in the North Central region. Located on Quang Trung Street, with a total floor area of more than 25,000 square meters forming the podium of a 37-story five-star hotel tower, a new symbol of the city, Vincom Plaza Vinh is not only a leading shopping, dining, and entertainment destination for local residents and visitors, but also the first of its kind in Nghe An to offer a fresh cultural experience space.
In the infrastructure sector, Vingroup officially broke ground on the Tuan Chau Public Park project in Tuan Chau Ward and Viet Hung Ward, Quang Ninh Province. This is a mega ecological, cultural, and sports park with a scale of more than 626 hectares, the largest in the country. The park is planned into four themed zones: Festival Park with a family connection theme; Sports Arena Park with a sports theme; Discovery Park with physical challenge activities; and Tranquil Forest Park with wellness and public forest themes. Each park’s design optimally leverages Ha Long’s mountain, forest, and green bay characteristics to deliver diverse experiences that combine sports activities, family and friend connections, nature exploration, energy renewal, and a balanced lifestyle within a modern urban rhythm.
The Tuan Chau Public Park is expected to come into operation in 2028, marking an important step in Vingroup’s strategy to create green, experience-rich spaces that deliver sustainable health and mental value for residents and visitors, while promoting tourism development in Northern Vietnam.
At the same time, at the Vinhomes Green Paradise Can Gio mega urban area in Ho Chi Minh City, the groundbreaking ceremony for the Ben Thanh – Can Gio railway project also took place. This is the first high-speed railway project in Vietnam. The line has a length of 54 km, a maximum speed of 350 km/h, with its starting point at Ben Thanh and its terminus at Vinhomes Green Paradise Can Gio. Once operational, expected in the fourth quarter of 2028, the line will open a new era for national railway infrastructure, driving development in commerce, tourism, real estate, and especially the marine economy for Ho Chi Minh City and the entire Southeast region.
In the green energy sector, VinEnergo Energy Joint Stock Company launched two large-scale projects including the Eco Wind Ky Anh Wind Power Plant and the Ky Anh Wind Power Plant. The Eco Wind Ky Anh Wind Power Plant has a capacity of 498 MW with expected annual output of 1,322.4 GWh. The Ky Anh Wind Power Plant has a capacity of 400 MW and is expected to supply approximately 1,053.3 GWh per year. Both plants will build substations and double-circuit 500 kV transmission lines to connect to the Ha Tinh – Vung Ang 500 kV line, contributing to national electricity output.
With total output of more than 2,375 GWh of renewable electricity per year and commercial operation expected in the fourth quarter of 2028, the two wind power plants mark a strategic step in clean energy transition and the realization of Vietnam’s Net Zero goal by 2050.
Also in Vung Ang, Vingroup officially launched the VinMetal steel manufacturing plant, marking a milestone in heavy industry. With phase one capacity of 5-6 million tons per year and total capacity across three phases reaching 20 million tons per year, VinMetal aims to become a leading high-technology steel complex in the region, producing hot-rolled steel, steel plates, special alloy steel, rail steel, and structural steel meeting international standards, which are strategic materials for Vietnam’s industrial development. The plant strictly complies with environmental regulations and is developed using an integrated BF-BOF large-scale steelmaking process.
The plant is expected to begin operation in 2027, enabling Vingroup to secure its own steel supply for real estate, infrastructure, and industrial manufacturing projects within the Vingroup ecosystem, while targeting exports. The plant will also create livelihoods for thousands of workers, positioning Ha Tinh as a new metallurgical center of the country.
With the simultaneous commencement and inauguration of 11 projects, Vingroup not only creates growth momentum, contributes to transforming urban landscapes, and accelerates national industrialization and modernization, affirming the service spirit and visionary capacity of the private enterprise sector, but also joins the Government in realizing the goal of placing Vietnam among the world’s top 30 economies by 2030.
Hashtag: #Vingroup
The issuer is solely responsible for the content of this announcement.
Air Corporate data reveals 9 in 10 founders incorporated in Hong Kong do so remotely, driven by a 20% surge in Middle Eastern entrepreneurs seeking cost-effective operational alternatives to Dubai.
HONG KONG SAR – Media OutReach Newswire – 15 May 2026 – Air Corporate registered a 40.5% increase in Hong Kong incorporations in 2025, with the first quarter of 2026 already up 48% year-over-year. This data indicates that Hong Kong is reasserting itself as the leading Asian jurisdiction for company formation, fueled by a new wave of remote founders from the Middle East, North Africa, and Europe.
The prevailing narrative over the past five years suggested that Singapore was eclipsing Hong Kong; however, recent incorporation volumes challenge this. According to city-wide official figures cited by Vivian, Founder of Air Corporate, approximately 195,000 companies were registered in Hong Kong in 2025, compared to around 77,000 in Singapore.
“There was a lot of fuss about Singapore taking over Hong Kong as preferred jurisdiction over the last few years, but for 2025 alone, around 195,000 companies were formed in HK, vs around 77,000 for Singapore,” said Vivian. While city-wide registrations rose roughly 35% in 2025, incorporations at Air Corporate specifically grew by 40.5%. Vivian added, “With a 35% increase in the number of companies registered in 2025, Hong Kong is definitely back in the game as the top jurisdiction to start a company.”
The reality of Hong Kong company formation is increasingly global, lean, and founder-led. Nine in ten founders incorporated in Hong Kong with Air Corporate do not live there.
Key demographic and operational insights from Air Corporate’s client base include:
- Approximately 90% of founders operate remotely from abroad, while 10% or less are based in Hong Kong.
- Entrepreneurs aged 35 to 44 represent the largest age cohort at 38%, demonstrating that Hong Kong attracts founders in their prime career years rather than just younger digital nomads.
- Serial entrepreneurs make up 60% of Air Corporate’s client mix, utilizing Hong Kong as an operational base for multiple companies, while first-time founders account for the remaining 40%.
- A total of 89% of new companies are launched by solo founders (58%) or small teams of two to five individuals (31%).
- Mainland China, Hong Kong, Turkey, India, the UAE, Australia, France, and Morocco rank among the top source markets for these founders.
Furthermore, 73% of new Hong Kong incorporations are directly tied to physical goods trade with China. This consists of e-commerce and dropshipping businesses (38%) and the trading of goods (35%). The recovery of in-person trade flows, including events, such as the Canton Fair and various industrial fairs, is pulling foreign founders back into the Greater China orbit and establishing Hong Kong as the natural entry point and financial layer over the world’s largest manufacturing base.
Air Corporate’s data recorded a 20% year-over-year growth in founders originating from the Middle East. This shift highlights a reverse migration where founders previously incorporated in Dubai are now choosing Hong Kong. Based on Vivian’s observations, founders often arrive in Dubai expecting fast incorporation and low costs, but discover that incorporation and maintenance are significantly more expensive than in Hong Kong, and banking remains difficult. Consequently, many founders move to Hong Kong after 12 to 24 months in the UAE, a trend accelerated by the Hong Kong government’s strategic outreach to the region.
For lean, remote-first businesses, speed-to-market is a critical factor. A founder located anywhere in the world can incorporate in Hong Kong and open a working bank account in approximately 7 days using digital banking partners. Currently, 90% of Air Corporate’s clients utilize these digital banking partners.
“Hong Kong and Singapore are the only places in Asia where you can set up your company, get a corporate account, and be in business in less than a week,” concluded Vivian.
Air Corporate is a service provider facilitating company formation and incorporation in Hong Kong for serial entrepreneurs, first-time founders, and remote-first business owners operating globally.
Media Inquiries
To learn more about Hong Kong company formation, visit Air Corporate’s website or contact their team directly.
Hashtag: #AirCorporate
The issuer is solely responsible for the content of this announcement.
Media OutReach
Natural Diamonds Sparkle on The Red Carpet at The 2026 Met Gala Celebrating “Costume Art”
Today’s biggest stars express individuality and confidence with natural diamonds
NEW YORK, US – Media OutReach Newswire – 15 May 2026 – The 2026 Met Gala celebrating “Costume Art” took place May 4th at the Metropolitan Museum of Art in New York City, bringing together leading figures from across the globe for an unforgettable evening. These tastemakers showcased the most classic, refined and distinctive diamond jewelry looks of the season. Below, A Diamond is Forever highlights the standout trends from the event.
Desert diamonds
Desert diamonds emerged as a striking throughline on the Met Gala carpet, with a range of hues in distinctive settings taking focus.
Rihanna led the trend in a pair of exceptionally rare old Moghul Golconda fancy brown-yellow diamond earrings by Glenn Spiro, featuring two pear-shaped natural diamonds totaling 51.9 carats. Doja Cat offset her all nude look with a pair of large Leviev Diamonds floral-shaped earrings while Paloma Elsesser made a statement in a 29.5-carat diamond necklace by Bernard James, centered around a 15-carat fancy light yellow pear-shaped natural diamond. Cara Delevingne wore a De Beers London Forces of Nature High Jewelry ring, featuring marquise yellow diamonds set as eyes, while Emma Chamberlain opted for yellow and white diamond earrings by Chopard, underscoring the continued allure of warm diamond hues.
Magnificent Diamond Earrings
A wide variety of captivating silhouettes defined the natural diamond earrings on the Met Gala carpet. Zoë Kravitz delivered a modern twist with oversized diamond flower earrings by Jessica McCormack. Chase Sui Wonders opted for Jean Schlumberger by Tiffany & Co. Sea Fan earrings, bringing an element of sculptural artistry to the look. Gracie Abrams selected gently dangling Chanel earrings, adding understated fluidity, while Connor Storrie selected simple hoop earrings from Tiffany & Co., reinforcing the clean and enduring appeal of natural diamonds.
Standout Diamond Moments
Natural diamonds appeared in personal, unconventional and eye-catching ways, offering moments of surprise and awe. Power couple Beyoncé and Jay-Z embodied this trend with Beyoncé wearing Chopard’s Queen of Kalahari necklace, named after the rare 342-carat diamond that provided 23 stones for Chopard’s Garden of Kalahari collection. Jay-Z contributed to the narrative with a vintage diamond brooch by Briony Raymond worn at the collar as an unexpected placement that underscored the piece’s versatility. Isha Ambani made the styling of diamonds an art form in itself, wearing her own diamond jewelry featuring approximately 150 carats of old mine-cut diamonds, including a three-strand necklace and chandelier earrings, while also incorporating diamonds sewn directly into the bodice of her sari to represent significant moments in her life.
Together, these looks highlighted a shift toward natural diamonds as vessels of personal expression, styled with intention, individuality, and a sense of the unexpected.
Hashtag: #MetGala #RedCarpet #ADiamondisForever #NaturalDiamonds #Diamonds
https://adiamondisforever.com/
https://www.linkedin.com/company/debeersgroup/
http://www.twitter.com/DeBeersGroup
https://www.facebook.com/profile.php?id=61571905725935
https://www.instagram.com/adiamondisforeverhk/
The issuer is solely responsible for the content of this announcement.
Media OutReach
Turn Your Savings into a Front-Row Experience: HL Bank Singapore Offers Exclusive Passes to AsiaTop Music Festival 2026
The premier music festival will play host to 16 K-pop, regional and Malaysian stars including, in performance order: Day 1 – NexT1DE, Aina Abdul, Belle Sisoski, Win Metawin, NMIXX, WINNER, DAESUNG, KUN. Day 2 – Uriah See, Firdhaus, Butterbear, 82MAJOR, STAYC, CRAVITY, TWS, CxM
SINGAPORE – Media OutReach Newswire – 14 May 2026 – Your next major K-pop experience is just a savings goal away as HL Bank Singapore (“HLB Singapore”) bridges the gap between financial wellness and the front row. In an exclusive collaboration designed for the ultimate music enthusiast, the bank is offering fans the chance to secure a pair of sought-after AsiaTop Music Festival 2026 tickets, valued at up to RM1,098 (approx. S$355), simply by growing their wealth.
This unique initiative stems from the regional synergy between Hong Leong Bank (“HLB”) and Tencent Music Entertainment Group (JOOX and QQ Music). By aligning with Visit Malaysia Year and Visit Selangor Year 2026, HLB is transforming the traditional banking experience into a gateway for premium entertainment. Scheduled for 30 and 31 May 2026 at the iconic Sepang International Circuit, the festival promises a high-octane weekend featuring an elite lineup of Asian superstars, including the largest K-pop showcase in the ASEAN region.
Securing a spot at the heart of the action has been streamlined through the iSavings Reward Campaign, running from 9 May 2026 to 18 May 2026. To participate, fans first decide on their preferred festival experience, selecting either a pair of Standard Passes with a S$5,000 deposit or the high-energy, nearer-to-the-stars Rockzone Passes with a S$8,282 deposit for their chosen day.
Once a tier is selected, customers can register by depositing the qualifying funds into an iSavings account via FAST or Links transfer. To validate their entry, customers must include the specific Comment Code, such as PALLIR1 for Day 1 Rockzone, within the funds transfer description. The qualifying balance must be maintained within the account for a six-month (182 days) earmarked period.
With only 88 pairs of tickets available for this exclusive campaign, the stakes are high. Allocation is limited to 22 pairs per day for each ticket category and will be awarded strictly on a first-come, first-served basis. Fans are encouraged to act quickly to ensure their savings work as hard as they do while securing a premier seat at the musical event of the year.
For full terms & conditions, and further details, please visit: www.hlbank.com.sg/AsiaTop2026
Hashtag: #HLBankSingapore
The issuer is solely responsible for the content of this announcement.
HL Bank Singapore
HL Bank Singapore is the Singapore branch of Hong Leong Bank Berhad, a leading digital-centric Malaysia-based financial services institution with a rooted heritage in the country spanning over 120 years. Operating under a Full Bank Licence in Singapore, HL Bank offers a comprehensive range of financial services to our business, retail and high networth customers through our 4 core business segments – Business & Corporate Banking, Personal Financial Services, Private Wealth Management and Global Markets.
-
Feature/OPED6 years agoDavos was Different this year
-
Travel/Tourism10 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz3 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking8 years agoSort Codes of GTBank Branches in Nigeria
-
Economy3 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking3 years agoSort Codes of UBA Branches in Nigeria
-
Banking3 years agoFirst Bank Announces Planned Downtime
-
Sports3 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn