Vietnam’s Mekong Capital Ltd. is launching a climate-focused private equity fund with a $50 million anchor investment from the Green Climate Fund.

Dien May Xanh Investment JSC, an electronics retail chain unit of Mobile World Investment Corp., raised over 13.3 trillion dong ($505 million) in its initial public offering after receiving fewer bids for shares offered.

Vietnam will begin its pilot carbon market next week with 92 local companies, including Hoa Phat Group, Formosa Ha Tinh Steel Corp. and Vietnam Electricity Group, trading emissions quotas.

A unit of Singapore’s Temasek Holdings Pte. and Oman’s sovereign wealth fund are investing in a $255 million private credit financing for Vingroup JSC’s hospitality arm, underscoring continued appetite among state-backed investors in such opportunities in Asia.

MSCI Inc. reclassified Bulgaria as a frontier market, while indicating no changes to Argentina’s and Vietnam’s status in its latest review of global stock indexes.

MSCI Inc. pointed to low free-float levels at some firms and continued limits on foreign ownership as among hurdles for Vietnam stocks, potentially complicating the country’s push for a market upgrade.

Vietnamese shares saw the biggest daily foreign inflows in nearly six years, in a sign of renewed global investor interest in the Southeast Asian market as the Middle East tensions eased.

Blistering gains in Vietnam’s biggest stock have confounded seasoned analysts and set off a frenzy among retail traders, raising doubts about how long the rally can last.

Vietnamese diagnostic testing startup Gene Solutions is preparing for a Hong Kong initial public offering as early as the second quarter of next year, a rare local firm seeking to access deeper capital markets and boost international visibility.

Vietnam’s richest person spent billions of dollars of his personal fortune on his emerging electric automaker and other ventures last year as the shares of his corporate group soared.

North Carolina sued Vietnamese electric vehicle maker VinFast Auto Ltd., alleging the company breached agreements tied to a planned electric vehicle and battery manufacturing facility, and seeking to reclaim the project site.

Bao Tin Manh Hai Jewelry JSC, one of Vietnam’s largest gold retailers, is preparing for an initial public offering in the fourth quarter as it pursues an aggressive expansion plan and seeks to capitalize on gold reforms aimed at opening up the market.

VinFast Auto Ltd. said its planned sale of two Vietnamese factories will enable the electric vehicle maker to shed about 182 trillion dong ($6.9 billion) in debt and obligations while potentially speed its path toward profitability.

Vietnam’s ride-hailing taxi Green & Smart Mobility JSC, which is owned by the country’s richest man, plans an initial public offering in the second half of 2028, according to founder Pham Nhat Vuong.

Vietnam stocks rallied after FTSE Russell confirmed the country’s entry to emerging markets later this year, with sentiment also getting a boost from a two-week ceasefire between the US and Iran.

Investors are looking to FTSE Russell’s final decision on upgrading Vietnamese equities to emerging-market status to stem record levels of foreign selling.

Vietnam, Russia signed an agreement on the construction of the Southeast Asian nation’s first nuclear power plant as Hanoi moves to bolster energy security amid Middle East disruptions that are disrupting global fuel supplies.

At a BYD Co. car dealership in Manila’s financial district, demand for the Chinese company’s electric vehicles is so high that Matthew Dominique Poh said he’s seen a month’s worth of orders in just the past two weeks.

VinFast Auto Ltd. plans to resume construction at its North Carolina factory this year even as losses in the fourth quarter widened and costs tied to its global expansion continue to rise.

VinFast Auto Ltd. plans to resume construction at its North Carolina factory this year even as losses in the fourth quarter widened and costs tied to its global expansion continue to rise.