European Stocks Rise as Markets Await Key U.S. Inflation Data 
OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities 
Australia Moves Forward With Teen Social Media Ban as Platforms Begin Lockouts 
Airline Loyalty Programs Face New Uncertainty as Visa–Mastercard Fee Settlement Evolves 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
IKEA Expands U.S. Manufacturing Amid Rising Tariffs and Supply Chain Strategy Shift 
Tesla Expands Affordable Model 3 Lineup in Europe to Boost EV Demand 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Tesla Faces 19% Drop in UK Registrations as Competition Intensifies 
Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation 
ExxonMobil to Shut Older Singapore Steam Cracker Amid Global Petrochemical Downturn 
IKEA Launches First New Zealand Store, Marking Expansion Into Its 64th Global Market 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
GM Issues Recall for 2026 Chevrolet Silverado Trucks Over Missing Owner Manuals 
Kakao Mobility has entered a strategic partnership with Vietnamese conglomerate, Vingroup and its electric vehicle subsidiary, VinFast. The collaboration aims to develop electric vehicles (EVs) and autonomous driving technologies while also improving the infrastructure for EV charging stations, according to an official announcement.
Korea Economic Daily reported that Vingroup is the No. 1 company in Vietnam and the biggest Information and Kakao Mobility is collaborating with this group to produce EVs and charging station infrastructure.
The deal also includes an agreement with FPT Software, a leading communication technology (ICT) company in Southeast Asia. It was mentioned that the mobility firm would provide technologies, including high-precision maps for self-driving services, to VinFast, a Vietnamese electric car manufacturer and a subsidiary of the Vingroup.
Moreover, Kakao Mobility also expressed interest in personnel exchange and cooperation in startup investment with FPT Software which has about 30,000 ICT employees. They will establish a long-term partnership system, like building industrial-academia links with major universities in Vietnam.
"I think that it's meaningful to represent Korean ICT companies in discussing cooperation plans with Vietnam's largest company Vingroup and FPT," Ryu Gun Seong, Kakao Mobility's chief executive officer, said in a statement.
The deal was signed in Vietnam during President Yoon Suk Yeol's recent visit there. Kakao Mobility was part of the Korean president's economic delegation. "Kakao Mobility expects to provide innovative transportation services to tourists coming to both countries by sharing the company's know-how on building a successful platform," Ryu also said at that time. "Through continuous cooperation with local platforms and startups, Kakao Mobility will export Korea's IT and successful experiences."
Meanwhile, Tech in Asia further reported that the agreement between the companies mentioned plans to incorporate the Green and Smart Mobility (GSM) electric taxi rental platform within Vingroup's network and with Kakao T's ride-hailing service.
Photo by: VinFast Newsroom
