Tag: Nexus

  • Techcombank Leverages Digital Finance to Tap into Vietnams $100 Billion Infrastructure Nexus

    Techcombank Leverages Digital Finance to Tap into Vietnams $100 Billion Infrastructure Nexus

    Techcombank, Vietnam Technological and Commercial Joint Stock Bank, is strategizing to bridge global capital with Vietnam’s escalating investment needs. The bank is placing digital financial infrastructure at the forefront, seeing it as a pivotal factor for the country’s next economic growth stage.

    Techcombank is expressing its aspiration to be instrumental in channeling both local and global capital towards Vietnam’s economic progression. In furtherance of its goals, it co-hosted the Vietnam Financial Forum 2026 (VFF 2026) from July 9th to 10th in Danang. The forum attracted over 350 attendees, including policymakers and executives from domestic and international financial institutions and companies.

    Modernizing Vietnam’s Capital Markets

    The forum centered on the modernization of Vietnam’s capital markets, bolstering the country’s financial infrastructure, and enhancing corporate access to capital. The country’s government aims to achieve double-digit economic growth from 2026 through to 2030.

    Digital and green finance took center stage at the forum. Delegates deliberated on how new technologies and the digital transformation of the financial infrastructure could ease capital flow and bolster Vietnamese companies.

    Techcombank CEO, Jens Lottner, in his keynote speech, pointed out that the bank’s role goes beyond conventional financing. He stated, “We are constructing the digital infrastructure that allows capital, data, and financial services to flow smoothly through the economy.” The CEO also revealed Techcombank’s goal to be Vietnam’s most reliable financial platform and to help efficiently channel domestic and international capital into sectors generating sustainable economic value.

    $100 Billion Investment Goal

    The funding of Vietnam’s rapidly expanding infrastructure needs was a key focus of the forum. Techcombank executives and representatives of their partner ecosystem discussed potential areas for the next $100 billion investment. The conversations included infrastructure, energy, and industrial development, as well as tactics to draw capital from global institutional investors.

    Techcombank emphasized mechanisms for luring foreign investment and steering international capital towards strategic Vietnamese projects. Lottner mentioned that Techcombank is ready to share its experience in developing digital ecosystems and utilizing data and technology to connect citizens, companies, investors, and public services.

    Techcombank aims to contribute its financial resources, tech expertise, and global network to the development of a more modern and transparent financial ecosystem through its participation in the Vietnam Financial Forum. The bank currently services around 18 million retail and corporate clients and operates one of Vietnam’s top digital banking platforms.

    Questions & Answers

    What is Techcombank’s primary aim in Vietnam’s economic development?
    Techcombank aims to facilitate the efficient allocation of both domestic and international capital into sectors generating sustainable economic value, leveraging digital financial infrastructure.

    What were the key areas of focus at the Vietnam Financial Forum 2026?
    The forum focused on modernizing Vietnam’s capital markets, strengthening the country’s financial infrastructure, and improving corporate access to capital. Other areas of focus included digital finance, green finance, and the role of technology in facilitating capital flow.

    What is Techcombank’s strategy for meeting Vietnam’s growing infrastructure needs?
    Techcombank intends to attract and steer international capital towards strategic projects in Vietnam. It also aims to share its experience in developing digital ecosystems and using data and technology to connect various sectors, including citizens, companies, investors, and public services.

  • Hanssem opens Nexus flagship in Seoul

    Hanssem opens Nexus flagship in Seoul

    South Korean furniture maker Hanssem affiliate Nexus has launched a new flagship store in Seoul.

    The 3300sqft store targets Korea’s burgeoning luxury lifestyle consumership from its location in Nonhyun-dong, retailing 16 ultra-luxury and exclusively imported European brands. It also offers consulting services by professional decorators and interior designers.

    “It is time for us to export our interior design ability, just like we grew from a fashion importer to exporter,” said Hanssem Nexus CEO Lee Young-sik.

  • Big C Thailand plans major expansion

    Big C Thailand plans major expansion

    Berli Jucker Group, the new owners of Big C Thailand, have announced a major expansion plan targeting the regions.

    Big C Supercenter’s board, now controlled by Berli Jucker Group after it bought stakes from Group Casino and Central Group, over recent months, have signed off on a budget of up to THB6 billion (US$168 million) for store expansion.

    New stores are planned for what the company describes as “blue ocean” sites, including border cities and major districts where the brand is not well represented.

    Last weekend, Big C opened its 126th hypermarket, in Ranong, only the first new store this calendar year.  The 4000 sqm store anchors a 10,000 sqm development, aiming to attract 10,000 shoppers a day, most of them Burmese from across the border or living and working in the province. The complex also houses a three-screen Major Cineplex cinema

    Big C Thailand plans to open five more hypermarkets this year, mostly in the south and northeast of the nation. Another three smaller Big C Market stores are planned for the north and 75 mini Big C convenience stores, two thirds of them franchised.

    “BJC will help strengthen Big C via its diversified products and in the area of logistics. It may help the company to speed up its expansion in the future,” said Songsak Wijaithammarit, assistant VP for operations.

    “Our shareholders were impressed by the new major shareholder of Big C, which is Thai.”

    Big C currently operates 125 large format stores (Big C Supercenter, Extra and Jumbo), 55 Big C Market stores, 397 Mini Big C stores (including 164 in Bangchak service stations) and 147 Pure drugstores.

    Big C Supercenter’s operating profit rose 1.2 per cent to THB2.01 billion last quarter on sales down 1.1 per cent to THB 32.8 billion. Same-store sales dropped 2.9 per cent.

  • Google Nexus 6P pre-order in Singapore starts Nov 2

    Google Nexus 6P pre-order in Singapore starts Nov 2

    Fans of Google Nexus smartphones in Singapore will soon be able to get their hands on the search giant’s latest large-screen flagship, the Nexus 6P.

    In a joint statement, Huawei Consumer Business Group (which manufactures the Nexus 6P and distributes the device in markets where Google’s official online stores aren’t available) and online retailer Lazada announced the smartphone will be available for pre-order exclusively on Lazada.sg from Nov 2-11.

    This is the first time a Google Nexus smartphone is being sold in Singapore through official channels.

    The last time a Nexus device made it to Southeast Asian shores was in 2013 when Taiwan’s Asus offered the Nexus 7 tablets through its retail outlets.  Last year’s Motorola-made Nexus 6 smartphone by comparison, was only sold through third-party importers.

    Huawei’s head of Consumer Device Singapore, Low Han Thong, said in the statement, “Huawei is excited to collaborate with Lazada to offer consumers in Singapore, for the first time, an alternative channel to own the premium Nexus experience.”

    The device will be available in silver and black colour options at a pre-order price of S$899 for the 64GB storage version and S$999 for the 128GB model.  After the pre-order period, the pricing will revert to S$949 (64GB) and S$1049 (128GB).

    At the Oct 28 media briefing organised by Huawei Singapore, a company spokesman said Huawei is planning to sell the highly-rated smartphone through traditional retail and carrier channels as well, although there’s no confirmation on which operator will carry the product eventually.

    Additionally, the company expects inventory for the 128GB model to be highly limited, due to a global supply shortage.

    The 5.7-inch Nexus 6P is designed with a full metal unibody and sports a high-resolution QHD AMOLED display with 518 ppi (pixels per inch).  That screen is flanked by two front-facing speakers that help improve the experience when watching videos or taking a conference call.

    The phone is powered by Qualcomm’s 2.1 version of its flagship Snapdragon 810 processor, has a fingerprint sensor and fitted with a reversible USB Type-C port with support for fast charging.  The device features 3GB of RAM and storage options of 64GB or 128GB.

    On the downside, there is no expandable storage support and the battery is non-removable, but at 3450mAh, it seems beefy enough that you won’t really need a second battery.

    The highlight of the device though, is that it runs on a pure, stock version of Google’s brand new Android 6.0 Marshmallow operating system, without the typical skins or bloatware offered by phone manufacturers.  For many, this is the primary reason to purchase a Nexus branded smartphone or tablet, as these devices are the first to receive the latest Android software upgrades from Google.

    The Nexus 6P is one of the two smartphones Google introduced during its recent Nexus event, the other being the smaller (but hardly small) 5.2-inch Nexus 5X, which is manufactured by South Korean giant LG Electronics.

    During the hands-on session at the media event, the Nexus 6P still felt a little large but did exude a premium feel. The Marshmallow interface isn’t that different from Lollipop (Android 5.0) but there are some changes under the hood, including better support for the biometric sensors like the fingerprint reader.  Autofocus on the camera was fast and the pictures turned out sharp and well-exposed.

    Overall, this smartphone looks like a credible contender against Apple’s iPhone 6S Plus and Samsung’s new Galaxy Note 5 in terms of large screen devices, although there is no shortage of impressive Android flagships this year, including Huawei’s very own Mate S.