Author: Asianet Pakistan

Vietnam’s Vingroup and Gulf states are both rewriting their growth playbooks through state-led sustainability drives, forging a parallel transformation from legacy empires into green innovation hubs.

HANOI, VIETNAM – Media OutReach Newswire – 6 June 2025 – Vietnam’s Vingroup and Gulf nations share parallel journeys of strategic reinvention, as the old playbooks that delivered decades of growth are showing their limits. While Gulf countries built wealth on fossil fuel, Vingroup created enormous value through real estate and hospitality. Both are now shifting beyond their legacy sectors: Vingroup focuses on digital innovation and sustainability, and the Gulf nations seeks to diversify beyond hydrocarbons.

For them, strategic reinvention becomes the logical response. Not disruption for disruption’s sake, but calculated transformation grounded in self-preservation and innovation. Their experiences offer valuable lessons on how legacy powerhouses can adapt to structural transformation.

A new growth engine that’s not oil

The UAE and Qatar demonstrate how national strategy can drive transformation. The UAE’s Net Zero by 2050 initiative links energy policy with investment decisions and foreign relations. Qatar’s National Vision 2030 embeds environmental stewardship into economic planning.

More than just being aspirational, these documents translate into concrete investments. For example, the UAE committed over $54 billion to clean energy infrastructure, while Qatar doubled its solar capacity to 1.675 GW by 2025[1], cutting CO₂ emissions significantly.

Sovereign wealth funds play crucial roles. Mubadala and QIA direct capital into clean technology as diversification hedges, treating green investments as strategic portfolio moves that reduce long-term risk while capturing growth opportunities.

A Southeast Asian reinvention

Turning to Southeast Asia, the story Vingroup mirrors many of the same themes of strategic reinvention seen in the Gulf.

Originally a property development powerhouse, the conglomerate diversified into other fields such as electric vehicle production, smart technology, and green manufacturing. VinFast, its automotive arm, delivered over 97,000 electric cars in 2024 and targets 200,000 deliveries in 2025.

In the context of Vietnam aiming to become a high-income country in its “era of national rise”, Vingroup functions as a national champion, building the country’s first global EV brand while creating jobs and technological capabilities. The company’s manufacturing complex in Hai Phong utilizes green practices and scales to serve both domestic and export markets.

The broader ecosystem reflects systematic thinking. VinBus provides electric public transport in major cities. Smart homes in Vinhomes developments showcase energy efficiency. AI and IoT technologies optimize resource use across business lines. Each initiative reinforces the others.

When green visions align

Shared motivations drive collaboration. Both regions face climate urgency, pursue economic resilience, and seek global relevance. Complementary strengths make partnership logical.

For example, the UAE’s Masdar built Indonesia’s largest floating solar plant[2]. Vingroup’s EV arm, VinFast, opened regional showrooms and has signed several MOUs with regional reputable companies. Vietnam and the UAE signed their first trade pact, focusing on technology exchange.

These ties leverage unique strengths: the Gulf states brings capital, energy expertise, and execution; Southeast Asia offers manufacturing, markets, and innovation capacity.

In their collaboration, the Gulf states and Vingroup prove legacy players can align vision and capital for systemic change. Sustainability, when policy-led, becomes a growth pathway. Strategic reinvention turns challenges into advantages.

[1] https://theelectricityhub.com/qatar-doubles-solar-power-in-strategic-energy-push/
[2] https://asia.nikkei.com/Business/Energy/Indonesia-launches-Southeast-Asia-s-largest-floating-solar-plant

https://vingroup.net/en

Vietnam’s Vingroup and Gulf states are both rewriting their growth playbooks through state-led sustainability drives, forging a parallel transformation from legacy empires into green innovation hubs.

HANOI, VIETNAM – Media OutReach Newswire – 6 June 2025 – Vietnam’s Vingroup and Gulf nations share parallel journeys of strategic reinvention, as the old playbooks that delivered decades of growth are showing their limits. While Gulf countries built wealth on fossil fuel, Vingroup created enormous value through real estate and hospitality. Both are now shifting beyond their legacy sectors: Vingroup focuses on digital innovation and sustainability, and the Gulf nations seeks to diversify beyond hydrocarbons.

For them, strategic reinvention becomes the logical response. Not disruption for disruption’s sake, but calculated transformation grounded in self-preservation and innovation. Their experiences offer valuable lessons on how legacy powerhouses can adapt to structural transformation.

A new growth engine that’s not oil

The UAE and Qatar demonstrate how national strategy can drive transformation. The UAE’s Net Zero by 2050 initiative links energy policy with investment decisions and foreign relations. Qatar’s National Vision 2030 embeds environmental stewardship into economic planning.

More than just being aspirational, these documents translate into concrete investments. For example, the UAE committed over $54 billion to clean energy infrastructure, while Qatar doubled its solar capacity to 1.675 GW by 2025[1], cutting CO₂ emissions significantly.

Sovereign wealth funds play crucial roles. Mubadala and QIA direct capital into clean technology as diversification hedges, treating green investments as strategic portfolio moves that reduce long-term risk while capturing growth opportunities.

A Southeast Asian reinvention

Turning to Southeast Asia, the story Vingroup mirrors many of the same themes of strategic reinvention seen in the Gulf.

Originally a property development powerhouse, the conglomerate diversified into other fields such as electric vehicle production, smart technology, and green manufacturing. VinFast, its automotive arm, delivered over 97,000 electric cars in 2024 and targets 200,000 deliveries in 2025.

In the context of Vietnam aiming to become a high-income country in its “era of national rise”, Vingroup functions as a national champion, building the country’s first global EV brand while creating jobs and technological capabilities. The company’s manufacturing complex in Hai Phong utilizes green practices and scales to serve both domestic and export markets.

The broader ecosystem reflects systematic thinking. VinBus provides electric public transport in major cities. Smart homes in Vinhomes developments showcase energy efficiency. AI and IoT technologies optimize resource use across business lines. Each initiative reinforces the others.

When green visions align

Shared motivations drive collaboration. Both regions face climate urgency, pursue economic resilience, and seek global relevance. Complementary strengths make partnership logical.

For example, the UAE’s Masdar built Indonesia’s largest floating solar plant[2]. Vingroup’s EV arm, VinFast, opened regional showrooms and has signed several MOUs with regional reputable companies. Vietnam and the UAE signed their first trade pact, focusing on technology exchange.

These ties leverage unique strengths: the Gulf states brings capital, energy expertise, and execution; Southeast Asia offers manufacturing, markets, and innovation capacity.

In their collaboration, the Gulf states and Vingroup prove legacy players can align vision and capital for systemic change. Sustainability, when policy-led, becomes a growth pathway. Strategic reinvention turns challenges into advantages.

[1] https://theelectricityhub.com/qatar-doubles-solar-power-in-strategic-energy-push/
[2] https://asia.nikkei.com/Business/Energy/Indonesia-launches-Southeast-Asia-s-largest-floating-solar-plant

https://vingroup.net/en

Vietnam’s Vingroup and Gulf states are both rewriting their growth playbooks through state-led sustainability drives, forging a parallel transformation from legacy empires into green innovation hubs.

HANOI, VIETNAM – Media OutReach Newswire – 6 June 2025 – Vietnam’s Vingroup and Gulf nations share parallel journeys of strategic reinvention, as the old playbooks that delivered decades of growth are showing their limits. While Gulf countries built wealth on fossil fuel, Vingroup created enormous value through real estate and hospitality. Both are now shifting beyond their legacy sectors: Vingroup focuses on digital innovation and sustainability, and the Gulf nations seeks to diversify beyond hydrocarbons.

For them, strategic reinvention becomes the logical response. Not disruption for disruption’s sake, but calculated transformation grounded in self-preservation and innovation. Their experiences offer valuable lessons on how legacy powerhouses can adapt to structural transformation.

A new growth engine that’s not oil

The UAE and Qatar demonstrate how national strategy can drive transformation. The UAE’s Net Zero by 2050 initiative links energy policy with investment decisions and foreign relations. Qatar’s National Vision 2030 embeds environmental stewardship into economic planning.

More than just being aspirational, these documents translate into concrete investments. For example, the UAE committed over $54 billion to clean energy infrastructure, while Qatar doubled its solar capacity to 1.675 GW by 2025[1], cutting CO₂ emissions significantly.

Sovereign wealth funds play crucial roles. Mubadala and QIA direct capital into clean technology as diversification hedges, treating green investments as strategic portfolio moves that reduce long-term risk while capturing growth opportunities.

A Southeast Asian reinvention

Turning to Southeast Asia, the story Vingroup mirrors many of the same themes of strategic reinvention seen in the Gulf.

Originally a property development powerhouse, the conglomerate diversified into other fields such as electric vehicle production, smart technology, and green manufacturing. VinFast, its automotive arm, delivered over 97,000 electric cars in 2024 and targets 200,000 deliveries in 2025.

In the context of Vietnam aiming to become a high-income country in its “era of national rise”, Vingroup functions as a national champion, building the country’s first global EV brand while creating jobs and technological capabilities. The company’s manufacturing complex in Hai Phong utilizes green practices and scales to serve both domestic and export markets.

The broader ecosystem reflects systematic thinking. VinBus provides electric public transport in major cities. Smart homes in Vinhomes developments showcase energy efficiency. AI and IoT technologies optimize resource use across business lines. Each initiative reinforces the others.

When green visions align

Shared motivations drive collaboration. Both regions face climate urgency, pursue economic resilience, and seek global relevance. Complementary strengths make partnership logical.

For example, the UAE’s Masdar built Indonesia’s largest floating solar plant[2]. Vingroup’s EV arm, VinFast, opened regional showrooms and has signed several MOUs with regional reputable companies. Vietnam and the UAE signed their first trade pact, focusing on technology exchange.

These ties leverage unique strengths: the Gulf states brings capital, energy expertise, and execution; Southeast Asia offers manufacturing, markets, and innovation capacity.

In their collaboration, the Gulf states and Vingroup prove legacy players can align vision and capital for systemic change. Sustainability, when policy-led, becomes a growth pathway. Strategic reinvention turns challenges into advantages.

[1] https://theelectricityhub.com/qatar-doubles-solar-power-in-strategic-energy-push/
[2] https://asia.nikkei.com/Business/Energy/Indonesia-launches-Southeast-Asia-s-largest-floating-solar-plant

https://vingroup.net/en

SYDNEY, June 06, 2025 (GLOBE NEWSWIRE) — Leading online FX and CFD broker Axi attended the Finance Magnates Africa Summit (FMAS:25), held on May 29-30, 2025, at the Cape Town International Convention Centre in Cape Town, South Africa.

Event attendees were introduced to Axi Select, Axi’s capital allocation program launched in 2023. The program, designed to empower ambitious traders on their trading journey, has been a game-changer in the trading field. Tens of thousands of traders worldwide have signed up to Axi Select, with many now reaching significant milestones and accessing funding amounts of $100,000, $200,000, and $500,000, and the top funding milestone, $1,000,000.

Attendees of the expo also had the opportunity to explore Axi’s Introducing Broker (IB) and Affiliate programs, learn more about the broker’s partnership with Premier League Champions, Man City, as well as snap exclusive photos with Man City’s Premier League memorabilia and the club’s mascot, brought in especially for the event.

Further to the broker’s collaboration with Premier League club, Manchester City FC, Axi also partners with Brazilian club, Esporte Clube Bahia, LaLiga club, Girona FC, and named England international John Stones as their Brand Ambassador in 2023. Over the past several months, Axi has garnered significant recognition for its innovation in the trading industry. The broker was recently named ‘Best Funded Trader Programme’ by the ADVFN International Financial Awards 2025, acknowledging the excellence of its capital allocation program, Axi Select. In 2024, Axi was also celebrated at the 2024 Dubai Forex Expo with the ‘Innovator of the Year’ award, and was named ‘Most Innovative Proprietary Trading Firm’ by Finance Feeds, highlighting the broker’s continued focus to providing their traders with the competitive edge they need to succeed.

View highlights here: https://youtu.be/Ec2VYV8vOi4

*Granted to the Axi Group of Companies.

The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available to AU, NZ, EU and UK residents. For more information, refer to our Terms of Service.

About Axi

Axi is a global online FX and CFD trading company, with thousands of customers in 100+ countries worldwide. Axi offers CFDs for several asset classes including Forex, Shares, Gold, Oil, Coffee, and more.

For more information or additional comments from Axi, please contact: [email protected]

GlobeNewswire Distribution ID 1001101036

Teardown Result Sparks Heated Discussion

Malaysian Tech DIYer Berani Buat disassembled Daikin and Panasonic units and found the GMCC label inside. His video drew attention, with viewers surprised by a Chinese-made core part in a Japanese-branded product. Meanwhile, Thai creators like Daddy Tips , Lungchang, BT Beartai and Extreme IT also shared similar findings and demonstrated how the core compressor helps AC to cool down. These reviews challenge perceptions of brand origin and highlight Midea’s role not just as a supplier, but as a global innovator in air conditioning—quietly powering ACs with cutting-edge compressor technology.

Comments of Viewers of KOLs’ Video

Compressor: The “Heart” of Inverter Air Conditioners
The compressor is the most critical component in an air conditioning system, directly influencing cooling efficiency and energy consumption. Inverter technology optimizes the compressor’s speed according to room temperature fluctuations, significantly improving energy efficiency compared to traditional fixed-speed air conditioners. Midea has become a key player in the supply chain, not only powering its own air conditioners but also providing compressors to other international brands such as Panasonic and Daikin.

Technological Superiority: Energy Efficiency and Performance

Midea’s self-developed inverter compressor delivers up to 50% energy savings over traditional models and 20% over standard inverters. Its AI algorithm analyzes indoor temperatures to reduce fluctuations, boosting comfort and efficiency. Paired with the AI ECOMASTER, which uses big data to adjust in real time, it offers ultra-precise ±0.3°C control. This minimizes unnecessary changes and cuts energy waste. Verified by SGS to achieve up to 30% additional savings, Midea leads in smart, energy-efficient air conditioning technology.

Southeast Asia’s Ideal Solution: Localized Design and Excellent Durability

Midea’s advanced compressor and inverter technology deliver strong cooling, quiet performance, and energy efficiency ideal for Southeast Asia’s hot climate. Designed for regional challenges, Midea air conditioners feature Prime Guard with 7 key protections, including TU1 copper tubes, Silver Shield (0.1% corrosion), Hyper Grapfins (12.5x corrosion resistance), and UV PCB protection. With wide voltage support (80V–265V) and insect resistance, these innovations ensure durability, stability, and long-term performance in humid, demanding environments.

Midea is the World’s No.1 Residential Inverter Air Conditioner Company

Global Recognition: The Smart Choice for Southeast Asia

Midea’s technological leadership has gained global recognition, serving over 400 million users in 200 countries. In 2022, it exported 8.3 million inverter air conditioners to Southeast Asia, contributing significantly to regional growth. This success is backed by over $2 billion in R&D investment over five years. At the core is Midea’s GMCC compressor, which powers both its own products and premium international brands, offering top-tier cooling and energy efficiency. Leveraging this advanced technology, Midea delivers powerful, energy-saving, and comfortable air conditioning—making it the smart choice for Southeast Asian consumers seeking reliability and performance.

Midea Official Website

• Thailand https://www.midea.com/th
• Malaysia https://www.midea.com/my
• Indonesia https://www.midea.com/id
• Vietnam https://www.midea.com/vn
• The Philippines https://www.midea.com/ph

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/374984a3-b7de-48a2-9ed2-0737fd655251

https://www.globenewswire.com/NewsRoom/AttachmentNg/4b4cd062-afac-4b70-b5df-685c91f8f0b4

GlobeNewswire Distribution ID 9464436

NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Ibotta, Inc. (NYSE: IBTA): (1) pursuant and/or traceable to the registration statement and related prospectus (collectively, the “Registration Statement”) issued in connection with Ibotta’s April 18, 2024 initial public offering (the “IPO”); or (2) between April 18, 2024 and February 26, 2025, inclusive (the “Class Period”), of the important June 16, 2025 lead plaintiff deadline in the securities class action first filed by the Firm.

SO WHAT: If you purchased Ibotta securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Ibotta class action, go to https://rosenlegal.com/submit-form/?case_id=36526 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 16, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, in the Registration Statement and/or throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Ibotta did not properly warn investors of the risk concerning Ibotta’s contract with Kroger; (2) Ibotta’s data measurement system did not provide accurate, precise, and real time client campaign and consumer data measurement; (3) Ibotta’s business mix had shifted and was generating less revenue; and (4) Ibotta had “exhausted” its clients’ budgets, negatively impacting fourth quarter 2024 revenue and expected first quarter 2025 revenue. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Ibotta action, go to https://rosenlegal.com/submit-form/?case_id=36526 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

GlobeNewswire Distribution ID 9464232