Malaysia commits to net zero emissions by 2050
Malaysia has committed to achieving net-zero greenhouse gas emissions by 2050, positioning itself as a responsible global player in the fight against climate change despite contributing just 0.8% of global emissions.
Malaysian Natural Resources and Environmental Sustainability Minister Nik Nazmi Nik Ahmad. Photo courtesy of Bernama.
In a statement on Wednesday, Malaysian Natural Resources and Environmental Sustainability Minister Nik Nazmi Nik Ahmad outlined the country’s renewed climate action framework, which includes a series of ambitious goals for renewable energy adoption and carbon reduction, reported the country’s national news agency Bernama.
He said Malaysia aims to reach 31% renewable energy capacity by 2025 and 40% by 2035.
“We are determined to act, regardless of the global climate landscape, because this is the right thing to do for the future of our people and our country,” he said as quoted by the news agency.
He said the government is also advancing a number of key policies to achieve these climate goals, including the MADANI Economy framework, the National Energy Transition Roadmap (NETR) and the National Industrial Master Plan (NIMP) 2030, through a whole-of-government approach to achieving sustainability.
The minister said that on the regional front, Malaysia is working to establish an interconnected ASEAN energy grid, a move that will help strengthen energy security across Southeast Asia.
Additionally, with Malaysia poised to take the chairmanship of ASEAN in 2025, he reiterated the country’s goal of becoming a hub for green investment and creating high-skilled green jobs that will support a sustainable future for the nation.
- Read More
S Korea’s LG Innotek expands semiconductor substrate plant in northern Vietnam
LG Innotek, the electronic components arm of LG, will expand its semiconductor substrate manufacturing facility in the northern port city of Hai Phong, reinforcing Vietnam’s role in the company’s strategic “dual-hub” manufacturing model for its package solutions business.
Industries - Sat, June 6, 2026 | 9:48 am GMT+7
PV Gas expands strategic partnerships with leading Southeast Asian energy firms
PV Gas, a subsidiary of state-owned Petrovietnam, has signed cooperation agreements with leading regional energy companies, including Thailand's PTT Public Company Limited and the Philippines's Petron Corporation, as the firm seeks to strengthen its position in Southeast Asia's LNG and LPG markets.
Companies - Sat, June 6, 2026 | 9:04 am GMT+7
Savico chairman says major shareholders have no divestment plans
SavicoThe chairman of Vietnam's largest automotive distributor Savico said the company has withdrawn a planned share issuance to existing shareholders after its major shareholders indicated they had no intention of reducing their stakes.
Companies - Fri, June 5, 2026 | 8:13 pm GMT+7
Priced for crisis, primed for growth: Vietnam’s bifurcated stock market
The VN-Index is trading at a 13x forward P/E valuation versus 15% expected earnings growth in 2026, but over 70% of the market is trading at below a 10x P/E, a valuation which is consistent with past crisis conditions, writes Michael Kokalari, chief economist at VinaCapital.
Consulting - Fri, June 5, 2026 | 4:56 pm GMT+7
Retail sales surge as major chains post strong profit growth
Vietnam's retail sector posted stronger-than-expected growth in Q1/2026, supported by government stimulus measures, improving disposable incomes, and a continued shift toward modern retail channels.
Companies - Fri, June 5, 2026 | 3:50 pm GMT+7
Vietnam seeks transparent, internationally aligned framework for crypto asset market: Deputy PM
Vietnam aims to develop a transparent and secure crypto asset market in line with international standards, Deputy Prime Minister Nguyen Van Thang said during a meeting with Ben Zhou, co-founder and CEO of Bybit - a major global cryptocurrency exchange headquartered in Dubai.
Finance - Fri, June 5, 2026 | 1:26 pm GMT+7
Vietnam stocks await MSCI review, earnings season for fresh momentum in June
Vietnam's stock market may find support later this month from a potential market status upgrade-related review by MSCI and the upcoming half-year earnings season, after entering June on a cautious note amid weakening liquidity and persistent foreign selling.
Finance - Fri, June 5, 2026 | 11:54 am GMT+7
TikTok eyes expansion into logistics, digital finance in Vietnam
TikTok is seeking to expand its presence in Vietnam beyond social media and e-commerce, with plans to invest in logistics, digital finance and other digital economy infrastructure sectors as the country becomes an increasingly strategic market for the company.
Companies - Fri, June 5, 2026 | 8:40 am GMT+7
Petrolimex seeks to sell entire treasury stock holdings as shares remain 43% below peak
Petrolimex, Vietnam's largest fuel retailer by market share, plans to sell its entire treasury stock holdings to comply with public company regulations, while its PLX shares on the Ho Chi Minh Stock Exchange plunged 43% from the peak reached in March.
Companies - Thu, June 4, 2026 | 4:51 pm GMT+7
MB's digital business account opening solution wins award
BIZ MBBank, a corporate digital banking platform of Military Commercial Joint Stock Bank (MB), has been recognized at the Vietnam I4 Impact Awards 2026 for its digital business account opening solution, underscoring the lender's efforts to advance digital banking services for corporate customers.
Companies - Thu, June 4, 2026 | 3:42 pm GMT+7
Chinese electronics component manufacturer redirects capital to Vietnam project
Shenzhen Click Technology’s decision to channel funds into its Vietnam project underscores the country’s growing importance in the company’s global strategy.
Industries - Thu, June 4, 2026 | 2:33 pm GMT+7
Vietnam targets launch of central counterparty clearing mechanism in early 2027
Vietnam's securities regulator is aiming to launch a central counterparty clearing (CCP) mechanism in the first quarter of 2027, a key step in strengthening market infrastructure and meeting international criteria for a stock market status upgrade.
Finance - Thu, June 4, 2026 | 1:57 pm GMT+7
Becamex: From failed capital raisings to state divestment pressure
After multiple unsuccessful capital-raising attempts, Vietnam’s industrial real estate giant Becamex IDC (HoSE: BCM) is now facing a new challenge: reducing state ownership from 95.44% to 65% to meet the requirements for maintaining its status as a public company.
Companies - Thu, June 4, 2026 | 11:29 am GMT+7
Banks regain lead in Vietnam's private placement bond market in May
Vietnamese banks regained their position as the largest issuers in the private placement bond market in May, as lenders sought to diversify funding sources, strengthen capital buffers,and meet increasingly stringent regulatory requirements.
Banking - Thu, June 4, 2026 | 9:15 am GMT+7
From refreshment to experience: A consumer trend emerging this summer
As temperatures rise across Vietnam, demand for soft drinks typically surges. But beyond seeking refreshment and an energy boost, many consumers are developing a new habit after finishing their beverages: peeling back bottle labels, entering promotional codes and receiving results on their phones within seconds.
Companies - Thu, June 4, 2026 | 8:45 am GMT+7
TikTok Shop narrows gap with Shopee as Vietnam e-commerce becomes duopoly
Vietnam’s e-commerce market is rapidly evolving into a two-player battleground as TikTok Shop aggressively gains ground on Shopee, reshaping how consumers shop online and how brands allocate advertising and sales budgets.
Economy - Wed, June 3, 2026 | 4:51 pm GMT+7
