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Huawei Cloud is accelerating AI adoption in the Asia Pacific by signing cooperation MoUs with Silverlake and GlobeOSS, and hosting the 2025 Asia Pacific Partner Conference, which gathered over 500 partners. The company emphasizes building a robust ecosystem to enhance competitiveness and drive growth through strategic partnerships and localized solutions. With significant investments in AI-native cloud services and infrastructure, Huawei Cloud aims to empower enterprises and foster innovation across key industries in the region.
Chinese exports surged by 8.1% year-on-year in April, reaching a record USD 315.7 billion, despite a 21% drop in exports to the US due to increased tariffs. Exports to ASEAN and the EU rose significantly, indicating resilience in global trade, which may support the CNY against depreciation in the coming months.
Huawei Cloud hosted the 2025 Asia Pacific Partner Conference in Thailand, emphasizing collaboration to harness AI's transformative potential across industries. With over 400 partners attending, the event highlighted initiatives like the Partner Sales Acceleration Program 2.0 and the APAC AI Pioneer Plan, aimed at driving innovation and market expansion in the region. Huawei Cloud's commitment to building a robust ecosystem is evident through its extensive local partnerships and strategic investments in AI-native cloud services.
Huawei Cloud hosted the 2025 Asia Pacific Partner Conference in Thailand, uniting over 400 partners to explore AI's transformative potential across industries. The company emphasized its commitment to enhancing AI cloud services, launching initiatives like the Partner Sales Acceleration Program 2.0 and the APAC AI Pioneer Plan to foster innovation and collaboration, while expanding its local presence and infrastructure in the region.
A group of 13 Democratic senators is urging an investigation into Elon Musk's potential conflicts of interest regarding his Starlink satellite service, amid allegations he may have used his White House connections to secure international deals. Internal messages indicate U.S. embassies and the State Department promoted Starlink in various countries, while a report reveals Musk's business interests intersect with over 70% of targeted government agencies.
A2D Ventures has partnered with India’s We Founder Circle to foster cross-border innovation and investment opportunities for startups in Southeast Asia and India. This collaboration comes amid a funding reset in Southeast Asia, where startups are now prioritizing sustainable business models and diversifying capital sources, with a notable increase in AI and climate tech investments. The partnership aims to enhance transparency and efficiency in investment processes, reflecting a broader trend of cross-border expansion as startups seek growth beyond fragmented local markets.
Billionaire Pham Nhat Vuong's Vinpearl chain has been officially listed on the Ho Chi Minh City Stock Exchange (HOSE) under the stock code VPL, with a market capitalization of nearly VND 130 trillion (approximately $5 billion). Starting May 13, 1.8 billion shares will trade at a reference price of VND 71,300 each, positioning Vinpearl among the top 15 companies by capitalization on HOSE. The company, part of the Vingroup ecosystem, operates 48 facilities across 18 provinces and cities in Vietnam.
VPBank achieved a 20% growth in pre-tax profit in Q1 2025, driven by strong loan growth of 21.9% and effective cost management. The bank's total assets rose to over VND 994 trillion, with significant contributions from both the parent bank and its subsidiaries, while maintaining a low bad debt ratio below 3%.
Vietnam Prosperity Joint Stock Commercial Bank (VPBank) reported a 20% increase in pre-tax profit for Q1 2025, reaching VND 5,015 billion, driven by strong credit growth and optimized mobilization costs. The bank's total assets grew by 7.6%, and its net interest income rose by 17.9%, reflecting effective management and strategic focus on retail and SME segments. Additionally, bad debt recovery efforts contributed significantly to the bank's overall performance, maintaining a low bad debt ratio below 3%.
Thailand's rapid 5G development, largely driven by Huawei, raises concerns over dependency and digital sovereignty. While Huawei's cost-effective solutions have facilitated significant advancements, they risk vendor lock-in and limit future negotiation power, potentially undermining Thailand's strategic autonomy. As geopolitical tensions rise, the need for diversification and robust regional strategies becomes critical to safeguard the nation's digital future.
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Huawei Cloud accelerates AI adoption with partners across Asia Pacific
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Chinese exports surge despite US tariffs indicating strong trade resilience
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huawei cloud partners with asia pacific firms to drive ai innovation
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huawei cloud partners with apac firms to enhance ai capabilities and growth
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senators call for investigation into elon musk's starlink business dealings
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A2D Ventures and We Founder Circle Forge Cross-Border Investment Partnership
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Vinpearl chain lists on stock exchange with nearly five billion dollar valuation
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vpbank reports 20 percent profit growth driven by strong loan performance
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vpbank reports 20 percent profit growth driven by strong credit performance
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thailand's reliance on huawei raises concerns over digital sovereignty and security
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07:30 08.05.2025
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