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Vinhomes strategically partners with VTK to build a model Korean community in ocean city

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HUNG YEN, VIETNAM – Media OutReach Newswire – 21 May 2025 – Vinhomes Joint Stock Company and VTK Hung Yen Industrial Park Investment and Development Co., Ltd. (VTK) have signed a comprehensive cooperation agreement. This marks a significant step in the development of a Korean community within Ocean City. The partnership aims to enhance the quality of life and working environment for Korean experts, executives, and their families employed at VTK.

The signing ceremony took place within the framework of the “Meet Korea 2025” event held in Hung Yen. The event was attended by Deputy Prime Minister, Foreign Minister Bui Thanh Son, Secretary of the Hung Yen Provincial Party Committee Nguyen Huu Nghia, and Korean Ambassador to Vietnam Choi Youngsam.

Also present were leaders from the Ministry of Foreign Affairs, Hung Yen Provincial People’s Committee, various departments and agencies, representatives from Korean trade promotion organizations and business associations, and hundreds of delegates from Vietnamese and Korean enterprises currently investing and operating in Vietnam.

Under the agreement, Vinhomes will develop and offer rental housing and office solutions for VTK and its experts and leaders. Both parties will also collaborate closely to create an eco-urban model seamlessly connected to the industrial park. This initiative aims to build a high-quality living and working environment, fostering a sustainably developing community within the model urban area of Ocean City.

Furthermore, Vinhomes will coordinate with its subsidiaries and companies within the Vingroup ecosystem to provide comprehensive services for the Korean and Vietnamese expert communities working at the Hung Yen Clean Industrial Park. This industrial park, developed by VTK, is located in Hong Tien commune, Khoai Chau district, and Xuan Truc commune, An Thi district, covering an area of over 140 hectares.

Specifically, StaynFun will provide dormitory solutions and living amenities such as swimming pools, parks, and community areas for VTK’s leadership. Vinpearl will offer industrial catering services, snack options, and event venues, alongside special preferential programs for golf courses and driving ranges for Korean businesses.

Vincom Retail will showcase the diverse amenities at Ocean City, including its shopping centers, commercial streets, and vibrant cultural and entertainment activities. For partner delegations from Korea, VinWonders will organize various group tour and entertainment programs, fostering both cultural exchange and internal cohesion.

Vinmec will provide on-site medical services, including examinations and emergency support directly within the industrial park. They will also connect with the Vinmec Ocean Park facility for periodic health check-ups and vaccinations. Vinschool and VinUni educational systems will partner with VTK to develop educational and training solutions for the children of employees working at the industrial park, laying a solid foundation for long-term investment strategies.

VinFast will implement preferential policies for personal and company electric vehicles, and collaborate with Green Future to offer rental and pre-owned electric vehicle services. VinFast charging stations will also be quickly established within the Hung Yen Clean Industrial Park, ensuring a convenient experience for vehicle users. Notably, VinBus will operate internal bus routes and connecting routes from the Hung Yen Clean Industrial Park to Ocean City, enhancing flexibility and environmental friendliness for daily commuting.

Mr. Han Jong Doek, General Director of VTK Hung Yen Industrial Park Investment and Development Co., Ltd., shared: “The Korean community in Vietnam is growing, but finding a suitable living space – a place where they can settle long-term and build a sustainable community – remains challenging. Ocean City, with its strategic vision and synchronized infrastructure, offers a comprehensive solution to this need.”

Thanks to its meticulous planning and all-in-one amenity system, Ocean City is being dubbed the “New Korean Hub” in Vietnam. It notably features K-Town, a district with hundreds of shops, brands, and services strongly reflecting Korean culture. Many other Korean-standard amenities are already present or soon to arrive, including the Korean Global School, a Korean Medical Center, and the Aquafield Korean-standard relaxation center within Vincom Mega Mall Ocean City. These are crucial components that will meet all the entertainment, health, and education needs of the Korean community living and working in the area.

Vinhomes’ comprehensive cooperation with VTK demonstrates the Company’s strong commitment to fostering sustainable development, green transformation, and elevating living standards for the Korean expert and labor community. Ocean City is also receiving significant investment to become a leading model mixed-use urban area, truly deserving its reputation as the best place to live for the international community in Vietnam.

Hashtag: #Vinhomes

The issuer is solely responsible for the content of this announcement.

About Vinhomes

Vinhomes is Vietnam’s leading real estate investment, business, and management company. Renowned for its scale, rapid development, and top-tier service quality, Vinhomes provides an ideal urban living experience with professionally planned residential areas, synchronized utility services, and a green, clean environment, helping to shape a new lifestyle for Vietnamese people. Currently, Vinhomes has developed and managed 30 urban areas nationwide, primarily in Hanoi, Ho Chi Minh City, Hung Yen, Hai Phong, and continues to expand into other localities.

About VTK Hung Yen Industrial Park Investment and Development Co., Ltd.

VTK (Vietnam Korea Together) is the investor of the VTK Clean Industrial Park in Hung Yen. This industrial park is the first Korean-style industrial complex within the Hung Yen Provincial Clean Industrial Cluster, managed by the Korea Land and Housing Corporation (LH), a state-owned entity under Korea’s Ministry of Land, Infrastructure, and Transport. Businesses leasing space in this complex are primarily Korean companies based in Korea or those with Korean shareholders.

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The 7th Cross-Strait Financial Forum and Taiwan-Funded Enterprise Development Forum

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XIAMEN, CHINA – Media OutReach Newswire – 12 Jun 2026 – On June 12, the 7th Cross-Strait Financial Forum and Taiwan-Funded Enterprise Development Forum was held in Xiamen.The event was jointly organized by the Fujian Provincial Financial Regulatory Administration, the Xiamen Municipal Financial Regulatory Administration, and the Association of Taiwan Investment Enterprises on the Mainland, hosted by Xiamen Jinyuan Investment Group, and executed by Jinyuan Uni-President Securities. Under the theme “Three Years of Integration Embarking on a New Journey, United Development Writing a New Chapter,” the forum focused on cross-strait financial cooperation, expanded financing channels for Taiwan-funded enterprises, industrial transformation and upgrading, and financial innovation between Fujian and Taiwan. It aimed to support Fujian’s efforts to accelerate the development of the first-choice home for Taiwan compatriots and Taiwan-funded enterprises on the mainland.

This year’s forum is an important supporting event of the 18th Cross-Strait Forum. During the event, nine Fujian-Taiwan financial integration projects were signed, with a total value of RMB 9.1 billion. The projects cover a wide range of financial services across areas including cross-strait industrial cooperation, water supply security for public welfare, capacity upgrades for long-established Taiwan-funded enterprises, technology and innovation industries, and modern agriculture. These initiatives continue to unlock the benefits of financial policies, promote shared access to financial resources for Taiwan compatriots and Taiwan-funded enterprises, and inject new momentum into industrial integration between Fujian and Taiwan.

At the forum, the Cross-Strait Wealth and Asset Management Cross-Sector Alliance was officially inaugurated. Supported by Jinyuan Group and jointly proposed by its affiliated financial institutions, the alliance was co-founded by Xiamen International Trust, Jinyuan Uni-President Securities, Yuanxin Yongfeng Fund, Fubon Bank (China), Junlong Life Insurance, and Xiamen Chang Gung Hospital, among others. Centered on serving the wealth management and asset management needs of people on both sides of the Taiwan Strait, the alliance aims to build a one-stop service platform covering asset allocation for Taiwan compatriots and Taiwan-funded enterprises on the mainland, family trusts and wealth succession planning, pension finance, and healthcare protection solutions.

The forum also unveiled a series of innovative financial achievements related to Taiwan. The banking industry’s first group standard dedicated to Taiwan-related financial services on the mainland, the “Specification for Taiwan-Related Financial Services of Banking Financial Institutions,” was officially released. At the same time, the “Bailufen” Taiwan Compatriot Financial Service Platform was introduced, further enhancing financial services for Taiwan compatriots living in Fujian and supporting the development of Taiwan-funded enterprises.

Hashtag: #StraitsFinancialForum

The issuer is solely responsible for the content of this announcement.

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Verdant Rock Receives BBB+ Long-Term Insurer Financial Strength Rating with a Stable Outlook from Fitch Ratings

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HAMILTON, BERMUDA – Media OutReach Newswire – 12 June 2026 – Verdant Rock Limited has received a BBB+ Long-Term Insurer Financial Strength Rating with a Stable Outlook from Fitch Ratings effective 12 June 2026. Combined with a Class 3B Insurer license from the Bermuda Monetary Authority (BMA), effective 6 May 2026, the company is in a strong position to extend financial guarantees on bonds and loans in emerging markets for beneficiaries globally. We provide irrevocable, unconditional, on-demand financial guarantees designed to qualify as eligible credit protection under Basel and major insurance solvency regimes. We are focused on private liabilities and do not cover sovereigns, municipalities or provinces. Bonds and loans issued by emerging market corporations and banks, structured financings, asset-backed (ABS) and mortgage-backed (MBS) exposures in securities or loan format, and project finance are all within the Company’s remit.

“The infrastructure and capital markets we are targeting have been systematically underserved over the past decade. Verdant Rock enters this space with an investment grade rating, a strong capital position, the regulatory standing, the technical capability, and the long-term commitment that issuers and their advisers have been unable to find elsewhere.”

— Tolga Uzuner, Co-Founder, Chief Executive Officer, Verdant Rock Limited

The Fitch Ratings report can be accessed here:
Fitch Rates Verdant Rock at ‘BBB+’; Outlook Stable

Verdant Rock’s Class 3B registration can be verified via the BMA’s register of regulated entities (search “Verdant Rock”): https://www.bma.bm/regulated-entities

Notes to editors: For the May 2026 licensing announcement, see https://bernews.com/2026/05/walkers-supports-verdant-rock-licensing/

This announcement is (i) for information only; (ii) not an offer or solicitation to buy or sell any security, insurance product, or financial guarantee; and (iii) not for distribution in any jurisdiction where to do so would be unlawful. Forward-looking statements are not guarantees of future results, and Verdant Rock undertakes no obligation to update them. A credit rating is not a recommendation to buy, sell or hold any security and may be subject to revision, suspension or withdrawal at any time by the assigning rating agency.

Hashtag: #VerdantRock

The issuer is solely responsible for the content of this announcement.

ABOUT VERDANT ROCK

Verdant Rock Limited is a Bermuda-based insurance company, regulated by the Bermuda Monetary Authority, providing Basel III and Solvency II compliant financial guarantees in emerging markets, designed to qualify as eligible credit protection under Basel and major insurance solvency regimes, for the benefit of institutions globally.

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TVBS deploys AI translation for NVIDIA GTC Taipei keynote

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TAIPEI, TAIWAN – Media OutReach Newswire – 12 June 2026 – TVBS deployed its self-developed real-time AI translation system during NVIDIA CEO Jensen Huang’s keynote at GTC Taipei 2026 on June 1. The system delivered near-simultaneous Chinese subtitles that viewers initially mistook for official NVIDIA translations. The in-house technology marked a rare instance of a news organization independently developing live translation for a large-scale broadcast.

TVBS deployed its self-developed real-time AI translation system during NVIDIA CEO Jensen Huang’s keynote at GTC Taipei 2026 on June 1.

Online viewers praised the translation quality, with comments including “The quality of this real-time translation is amazing,” “The translation is incredibly fast,” and “The live speech recognition quality is surprisingly good.” Some viewers assumed the subtitles came from NVIDIA’s official translation team.

The achievement demonstrates how Taiwan’s media industry is adapting to AI-driven transformation. TVBS is positioning itself as a leader in integrating proprietary AI development with real-world broadcast applications. The company completed optimization and deployment of the system in just nine days — a process that traditionally requires months of dedicated training, according to Andy Yang, manager of TVBS AI Future Technology Department.

Yang explained that the biggest challenge in real-time translation lies in balancing “content accuracy” with “reading fluency” under extremely tight time constraints. Huang’s speaking style is highly improvisational and frequently switches between English, Mandarin and Taiwanese, while audience applause and cheering often occur simultaneously.

Applying standard off-the-shelf translation software in such an environment would likely result in sentence segmentation errors and unclear semantic interpretation, Yang said. Rather than pursuing “zero-latency” translation at all costs, TVBS designed a subtitle presentation mechanism specifically tailored to the keynote format.

Prior to the event, the TVBS team conducted extensive cross-platform testing on multiple AI translation models, evaluating latency and error rates. By introducing a carefully calibrated broadcast delay, the system gained additional time to process semantic meaning and contextual alignment. This approach enabled smoother subtitles matching natural Chinese reading habits, Yang said.

The team also built a dedicated knowledge base for NVIDIA GTC Taipei, compiling AI industry terminology, product names and technical keywords in advance. This significantly improved translation quality and the accuracy of professional content delivery. TVBS’s real-time translation system can be customized based on different broadcasting scenarios, Yang noted.

Yang emphasized that the key to the rapid nine-day deployment was cross-department collaboration. Engineering teams handled hardware tuning and signal integration, while internal technical and content teams managed ongoing model training and refinement. TVBS established a collaborative workflow integrating both technology and editorial expertise.

Through continuous iteration and adjustment, the team incorporated Taiwanese linguistic nuances and natural Chinese phrasing into the system. This enhanced fluency and readability beyond what generic AI models alone could achieve, ultimately shaping what Yang called a distinct “TVBS AI style.” The approach reflects the company’s “3T” philosophy — Truth, Trust and Technology.

In his keynote at the Taipei Music Center, Huang focused on AI infrastructure, next-generation computing platforms and NVIDIA’s latest technological roadmap. GTC Taipei 2026 attracted significant international attention as AI continues to reshape global industries. Through its own transformation journey, TVBS hopes to help lead Taiwan’s media industry into a new era shaped by AI.

Hashtag: #TVBS

The issuer is solely responsible for the content of this announcement.

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