Vingroup and the Global Ambitions of Vietnamese Brands

Vietnam’s economic landscape is undergoing a remarkable transformation, led by ambitious Vietnamese brands ready to take on the world. Vingroup, a trailblazing conglomerate, exemplifies this trend, inspiring a new generation of entrepreneurs to “think big.”

HANOI, VIETNAM – Media OutReach Newswire – 6 September 2024 – Visitors to Vietnam in recent decades will likely notice the ubiquity of Vingroup’s “Vin” brands. From real estate (Vinhome) to hospitality (Vinpearl), healthcare (Vinmec), and education (Vinschool), Vingroup’s presence is deeply woven into the fabric of life in the Southeast Asian country, a testament to the power of visionary leadership and the potential of Vietnamese businesses.

Vinhomes Ocean Park 1 urban area, part of the Vingroup ecosystem

With real estate as its foundation, Vingroup has strategically expanded into new sectors. Notably, in 2018, the largest private conglomerate in Vietnam announced a 10-year plan to become a leading global technology-industry-service conglomerate, with technology at its core.

Vingroup’s Chairman, Pham Nhat Vuong, once revealed his vision to leverage technology to uplift the lives of his fellow citizens. “When technology and industry have developed, we can contribute to changing the lives of many people,” Vuong stated in 2019. “For example, the income of those less fortunate is now negligible, but it could be significantly higher if they become even just ordinary technology workers.”

Vingroup’s remarkable growth trajectory mirrors Vietnam’s own journey from a war-torn nation to a burgeoning economic power in less than four decades. It is a symbol of the resilience and ingenuity of the Vietnamese people, and it is also an inspiration.

The conglomerate’s recent moves also signify a broader shift in the mindset of Vietnamese entrepreneurs. They are increasingly shedding their inhibitions, embracing bold ambitions, and setting their sights on global markets. Experts believe Vietnam has the potential to produce more companies like Vingroup, especially given the global technology boom.

One of Vingroup’s most audacious international ventures is VinFast, its automotive arm. The establishment of VinFast is a historic moment for Vietnam, marking the birth of its first homegrown car brand. Before VinFast, the Vietnamese auto sector was heavily reliant on imports, with limited local assembly and underdeveloped supporting industries.

Despite the challenges and setbacks inherent in the electric vehicle industry, Vuong remains unwavering in his commitment to VinFast. His determination to invest in the company “until his money runs out” reflects a broader ambition to achieve national pride through innovation.

Recognizing the untapped potential of the Middle East market, VinFast is making another bold move. After establishing a presence in North America and Europe, the company is now actively engaging with potential partners and distributors in the Middle East. This strategic expansion underscores VinFast’s global aspirations and highlights the growing economic ties between Vietnam and the region.

VinFast’s foray into international markets serves as a powerful reminder that Vingroup, and Vietnam as a whole, are capable of surprising the world. They possess the courage and the capability to explore new frontiers, challenge established players, and carve out a niche for themselves in the global marketplace.

As Vietnamese brands continue to innovate and expand their reach, they are not only shaping the country’s economic future but also inspiring a new generation of entrepreneurs to dream big and contribute to Vietnam’s ongoing transformation. The world is watching with anticipation as these ambitious brands write the next chapter in Vietnam’s remarkable story.

Vingroup and the Global Ambitions of Vietnamese Brands

Vietnam’s economic landscape is undergoing a remarkable transformation, led by ambitious Vietnamese brands ready to take on the world. Vingroup, a trailblazing conglomerate, exemplifies this trend, inspiring a new generation of entrepreneurs to “think big.”

HANOI, VIETNAM – Media OutReach Newswire – 6 September 2024 – Visitors to Vietnam in recent decades will likely notice the ubiquity of Vingroup’s “Vin” brands. From real estate (Vinhome) to hospitality (Vinpearl), healthcare (Vinmec), and education (Vinschool), Vingroup’s presence is deeply woven into the fabric of life in the Southeast Asian country, a testament to the power of visionary leadership and the potential of Vietnamese businesses.

Vinhomes Ocean Park 1 urban area, part of the Vingroup ecosystem

With real estate as its foundation, Vingroup has strategically expanded into new sectors. Notably, in 2018, the largest private conglomerate in Vietnam announced a 10-year plan to become a leading global technology-industry-service conglomerate, with technology at its core.

Vingroup’s Chairman, Pham Nhat Vuong, once revealed his vision to leverage technology to uplift the lives of his fellow citizens. “When technology and industry have developed, we can contribute to changing the lives of many people,” Vuong stated in 2019. “For example, the income of those less fortunate is now negligible, but it could be significantly higher if they become even just ordinary technology workers.”

Vingroup’s remarkable growth trajectory mirrors Vietnam’s own journey from a war-torn nation to a burgeoning economic power in less than four decades. It is a symbol of the resilience and ingenuity of the Vietnamese people, and it is also an inspiration.

The conglomerate’s recent moves also signify a broader shift in the mindset of Vietnamese entrepreneurs. They are increasingly shedding their inhibitions, embracing bold ambitions, and setting their sights on global markets. Experts believe Vietnam has the potential to produce more companies like Vingroup, especially given the global technology boom.

One of Vingroup’s most audacious international ventures is VinFast, its automotive arm. The establishment of VinFast is a historic moment for Vietnam, marking the birth of its first homegrown car brand. Before VinFast, the Vietnamese auto sector was heavily reliant on imports, with limited local assembly and underdeveloped supporting industries.

Despite the challenges and setbacks inherent in the electric vehicle industry, Vuong remains unwavering in his commitment to VinFast. His determination to invest in the company “until his money runs out” reflects a broader ambition to achieve national pride through innovation.

Recognizing the untapped potential of the Middle East market, VinFast is making another bold move. After establishing a presence in North America and Europe, the company is now actively engaging with potential partners and distributors in the Middle East. This strategic expansion underscores VinFast’s global aspirations and highlights the growing economic ties between Vietnam and the region.

VinFast’s foray into international markets serves as a powerful reminder that Vingroup, and Vietnam as a whole, are capable of surprising the world. They possess the courage and the capability to explore new frontiers, challenge established players, and carve out a niche for themselves in the global marketplace.

As Vietnamese brands continue to innovate and expand their reach, they are not only shaping the country’s economic future but also inspiring a new generation of entrepreneurs to dream big and contribute to Vietnam’s ongoing transformation. The world is watching with anticipation as these ambitious brands write the next chapter in Vietnam’s remarkable story.

Nyxoah to Participate in Upcoming Investor Conferences

Nyxoah to Participate in Upcoming Investor Conferences

Mont-Saint-Guibert, Belgium – September 5, 2024, 10:30pm CET / 4:30pm ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) (“Nyxoah” or the “Company”), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA), today announced that the Company will participate in three upcoming investor conferences in New York City.

Olivier Taelman, Nyxoah’s Chief Executive Officer, will deliver corporate updates at the Baird Global Healthcare Conference on Tuesday, September 10, 2024, at 12:15pm ET, the H.C. Wainwright 26th Annual Global Investment Conference on Wednesday, September 11, 2024, at 11:00am ET and the Cantor Global Healthcare Conference on Wednesday, September 18, 2024 at 1:55pm ET. Webcasts of the presentations will be available on the Events section of Nyxoah’s Investor Relations website. The Company will also be available for 1×1 meetings with institutional investors attending the events.

Nyxoah’s Investor Presentation can be accessed on the Shareholder Information section of the Company’s Investor Relations page.

About Nyxoah

Nyxoah is a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA). Nyxoah’s lead solution is the Genio® system, a patient-centered, leadless and battery-free hypoglossal neurostimulation therapy for OSA, the world’s most common sleep disordered breathing condition that is associated with increased mortality risk and cardiovascular comorbidities. Nyxoah is driven by the vision that OSA patients should enjoy restful nights and feel enabled to live their life to its fullest.

For more information, please see the Company’s annual report for the financial year 2023 and visit http://www.nyxoah.com/.

Caution – CE marked since 2019. Investigational device in the United States. Limited by U.S. federal law to investigational use in the United States.

Forward-looking statements

Certain statements, beliefs and opinions in this press release are forward-looking, which reflect the Company’s or, as appropriate, the Company directors’ or managements’ current expectations regarding the entry into of the loan facility agreement and the synthetic warrant agreement with the EIB; the use of proceeds from the loan facility agreement; the Genio® system and ongoing clinical studies of the Genio® system; the potential advantages of the Genio® system; Nyxoah’s goals with respect to the development, regulatory pathway and potential use of the Genio® system; the utility of clinical data in potentially obtaining FDA approval of the Genio® system; reporting data from Nyxoah’s DREAM U.S. pivotal trial; filing for FDA approval; and entrance to the U.S. market. By their nature, forward-looking statements involve a number of risks, uncertainties, assumptions and other factors that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties, assumptions and factors could adversely affect the outcome and financial effects of the plans and events described herein. Additionally, these risks and uncertainties include, but are not limited to, the risks and uncertainties set forth in the “Risk Factors” section of the Company’s Annual Report on Form 20-F for the year ended December 31, 2023, filed with the Securities and Exchange Commission (“SEC”) on March 20, 2024, and subsequent reports that the Company files with the SEC. A multitude of factors including, but not limited to, changes in demand, competition and technology, can cause actual events, performance or results to differ significantly from any anticipated development. Forward looking statements contained in this press release regarding past trends or activities are not guarantees of future performance and should not be taken as a representation that such trends or activities will continue in the future. In addition, even if actual results or developments are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in future periods. No representations and warranties are made as to the accuracy or fairness of such forward-looking statements. As a result, the Company expressly disclaims any obligation or undertaking to release any updates or revisions to any forward-looking statements in this press release as a result of any change in expectations or any change in events, conditions, assumptions or circumstances on which these forward-looking statements are based, except if specifically required to do so by law or regulation. Neither the Company nor its advisers or representatives nor any of its subsidiary undertakings or any such person’s officers or employees guarantees that the assumptions underlying such forward-looking statements are free from errors nor does either accept any responsibility for the future accuracy of the forward-looking statements contained in this press release or the actual occurrence of the forecasted developments. You should not place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Contacts:

Nyxoah
Loïc Moreau, Chief Financial Officer
IR@nyxoah.com

For Media
Belgium/France
Backstage Communication – Gunther De Backer
gunther@backstagecom.be

International/Germany
MC Services – Anne Hennecke
nyxoah@mc-services.eu

Attachment

GlobeNewswire Distribution ID 1000990281

Nyxoah to Participate in Upcoming Investor Conferences

Nyxoah to Participate in Upcoming Investor Conferences

Mont-Saint-Guibert, Belgium – September 5, 2024, 10:30pm CET / 4:30pm ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) (“Nyxoah” or the “Company”), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA), today announced that the Company will participate in three upcoming investor conferences in New York City.

Olivier Taelman, Nyxoah’s Chief Executive Officer, will deliver corporate updates at the Baird Global Healthcare Conference on Tuesday, September 10, 2024, at 12:15pm ET, the H.C. Wainwright 26th Annual Global Investment Conference on Wednesday, September 11, 2024, at 11:00am ET and the Cantor Global Healthcare Conference on Wednesday, September 18, 2024 at 1:55pm ET. Webcasts of the presentations will be available on the Events section of Nyxoah’s Investor Relations website. The Company will also be available for 1×1 meetings with institutional investors attending the events.

Nyxoah’s Investor Presentation can be accessed on the Shareholder Information section of the Company’s Investor Relations page.

About Nyxoah

Nyxoah is a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA). Nyxoah’s lead solution is the Genio® system, a patient-centered, leadless and battery-free hypoglossal neurostimulation therapy for OSA, the world’s most common sleep disordered breathing condition that is associated with increased mortality risk and cardiovascular comorbidities. Nyxoah is driven by the vision that OSA patients should enjoy restful nights and feel enabled to live their life to its fullest.

For more information, please see the Company’s annual report for the financial year 2023 and visit http://www.nyxoah.com/.

Caution – CE marked since 2019. Investigational device in the United States. Limited by U.S. federal law to investigational use in the United States.

Forward-looking statements

Certain statements, beliefs and opinions in this press release are forward-looking, which reflect the Company’s or, as appropriate, the Company directors’ or managements’ current expectations regarding the entry into of the loan facility agreement and the synthetic warrant agreement with the EIB; the use of proceeds from the loan facility agreement; the Genio® system and ongoing clinical studies of the Genio® system; the potential advantages of the Genio® system; Nyxoah’s goals with respect to the development, regulatory pathway and potential use of the Genio® system; the utility of clinical data in potentially obtaining FDA approval of the Genio® system; reporting data from Nyxoah’s DREAM U.S. pivotal trial; filing for FDA approval; and entrance to the U.S. market. By their nature, forward-looking statements involve a number of risks, uncertainties, assumptions and other factors that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties, assumptions and factors could adversely affect the outcome and financial effects of the plans and events described herein. Additionally, these risks and uncertainties include, but are not limited to, the risks and uncertainties set forth in the “Risk Factors” section of the Company’s Annual Report on Form 20-F for the year ended December 31, 2023, filed with the Securities and Exchange Commission (“SEC”) on March 20, 2024, and subsequent reports that the Company files with the SEC. A multitude of factors including, but not limited to, changes in demand, competition and technology, can cause actual events, performance or results to differ significantly from any anticipated development. Forward looking statements contained in this press release regarding past trends or activities are not guarantees of future performance and should not be taken as a representation that such trends or activities will continue in the future. In addition, even if actual results or developments are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in future periods. No representations and warranties are made as to the accuracy or fairness of such forward-looking statements. As a result, the Company expressly disclaims any obligation or undertaking to release any updates or revisions to any forward-looking statements in this press release as a result of any change in expectations or any change in events, conditions, assumptions or circumstances on which these forward-looking statements are based, except if specifically required to do so by law or regulation. Neither the Company nor its advisers or representatives nor any of its subsidiary undertakings or any such person’s officers or employees guarantees that the assumptions underlying such forward-looking statements are free from errors nor does either accept any responsibility for the future accuracy of the forward-looking statements contained in this press release or the actual occurrence of the forecasted developments. You should not place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Contacts:

Nyxoah
Loïc Moreau, Chief Financial Officer
IR@nyxoah.com

For Media
Belgium/France
Backstage Communication – Gunther De Backer
gunther@backstagecom.be

International/Germany
MC Services – Anne Hennecke
nyxoah@mc-services.eu

Attachment

GlobeNewswire Distribution ID 1000990281

Prosecutor Ghada Aoun criticizes delay in Salameh’s case, announces upcoming hearing

Mount Lebanon Public Prosecutor, Judge Ghada Aoun, on Friday criticized recent delays in the case against former Central Bank Governor, Riad Salameh.

In a statement on “X’ platform, Judge Aoun highlighted that the “Optimum” case has been under investigation for two years, and she questioned the timing of recent developments.

Aoun also expressed surprise at Salameh’s arrest but welcomed it, emphasizing that the case remained under her jurisdiction.

Furthermore, Judge Aoun announced that Salameh was scheduled for questioning on September 11, 2024, and placed responsibility on the Cassation Public Prosecutor for any failure to detain him.

Source: National news agency – Lebanon

Occupation forces withdraw from Jenin after ten days of intense assault

In the early hours of Friday morning, Israeli occupation forces withdrew from the city of Jenin and its refugee camp after ten days of military aggression.

The assault, described as one of the bloodiest since 2002, resulted in the murder of 21 individuals, including children and elderly persons, with several others sustaining serious injuries. The aggression also caused extensive destruction throughout the area.

Residents have expressed concerns over the possibility of a return by Israeli occupation forces, who have previously re-stormed the city and the refugee camp after similar withdrawals. Military checkpoints surrounding Jenin remain active, heightening fears of further incursions.

The recent aggression has been characterized as exceptionally severe, with significant casualties and damage reported across the Jenin governorate

Source: National news agency – Lebanon

Security update: Israeli reconnaissance, military activity continued in Southern Lebanon overnight

Southern Lebanon witnessed Israeli enemy reconnaissance and military activity throughout the night and into the early morning on Friday, with enemy drones and aircraft flying over villages in the western and central sectors, reaching the outskirts of Tyre.

Moreover, the enemy forces fired flares over the border villages adjacent to the Blue Line, while at dawn, heavy machine gun fire was directed at the hills of Al-Labouneh and Al-Alam in the western sector.

Earlier, before midnight, Israeli warplanes targeted areas near the towns of Aita al-Shaab in the central sector and Marwahin in the western sector.

In response to the escalation, UNIFIL forces stationed in Shamaa reportedly activated their warning sirens multiple times

Source: National news agency – Lebanon

Washington collects information about the killing of an American citizen in the West Bank


The US State Department said it was aware of the killing of an American citizen in the West Bank and that it was gathering more information about the circumstances of the incident.

For his part, the US Ambassador to Israel said that the embassy is working to collect more information about the circumstances of the death of the American citizen in the West Bank.

For its part, the Israeli army announced that it is investigating the “claim” that a foreign citizen was killed by gunfire in the West Bank.

Earlier today, the director of Rafidia Governmental Hospital in Nablus announced the death of the American activist of Turkish origin, Aisha Nour Ezgi (26 years old), after she was shot in the head by Israeli soldiers south of Nablus.

Source: Maan News Agency

Settlers cut down olive trees and damage fence in Rojib lands


Settlers cut down olive trees and damaged a fence on agricultural land east of the village of Rojib, east of Nablus, on Friday.

The landowner, citizen Rehab Duweikat, reported that a group of settlers attacked her land in the morning, cut down olive trees, and destroyed the fence surrounding the land.

She added that the lands of the citizens in the area are subject to repeated attacks by settlers from the “Itamar” settlement, which was forcibly built on the village’s lands, noting that her land is subject to attacks by settlers on a weekly basis.

Source: Maan News Agency

Blinken: Disagreements on ‘critical issues’ in Gaza ceasefire deal


US Secretary of State Anthony Blinken announced that 90% of the ceasefire agreement in Gaza has been agreed upon, but there are still critical issues over which there are disagreements, without clarifying who the parties are that have agreed upon, or the nature of the critical issues.

“It is the duty of both parties to reach an agreement on these outstanding issues,” US Secretary of State Antony Blinken said at a news conference in Haiti on Thursday, noting that Washington will put more ideas on the negotiating table in the coming days.

Source: Maan News Agency

Blinken: 90% of Gaza ceasefire agreement agreed upon


US Secretary of State Antony Blinken said on Friday that the ceasefire negotiations in the Gaza Strip face critical issues despite “agreement on 90%” of the terms.

The US Secretary of State explained that “90% of the ceasefire agreement in Gaza has been agreed upon, but there are still critical issues.”

“There are still issues pending in the ceasefire and hostage release negotiations,” he added.

He stressed that Washington is engaged in active talks “with our partners in Qatar and Egypt to reach a ceasefire agreement in Gaza.”

The US Secretary of State urged Hamas and Israel to reach a truce agreement in the Gaza Strip.

“It is the duty of both parties to reach an agreement on these outstanding issues,” Blinken said at a press conference in Haiti, noting that Washington will put more ideas on the negotiating table in the coming days.

Source: Maan News Agency