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Law passed to speed up critical infrastructure

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Source: New Zealand Government

Shovels will be in the ground faster for critical infrastructure projects following the passing of the Public Works Act Amendment Bill today, Infrastructure Minister Chris Bishop and Land Information Minister Chris Penk say.

“Infrastructure projects drive economic growth, create jobs, and lift productivity. That means businesses can pay higher wages and the Government can invest more in health, education and other public services,” Mr Bishop says.

“There is an urgent need to address New Zealand’s infrastructure deficit and to deliver critical projects at pace.

“That is why today Parliament has passed amendments to the Public Works Act to cut delays and reduce costs on large infrastructure builds.

“We are making it simpler and quicker for agencies to acquire land for projects listed in Schedule 2 of the Fast-track Approvals Act, as well as the Roads of National Significance in the Government Policy Statement on Land Transport 2024.”

The new accelerated land acquisition process includes:

  • Incentive payments: Landowners who agree to sell before a Notice of Intention is issued will receive an additional premium of 15 percent of their land’s value, capped at $150,000.
  • Recognition payments: All landowners whose land is acquired under the accelerated process will receive a five percent recognition payment, acknowledging the role their land plays in delivering essential infrastructure, capped at $92,000.
  • Replacement objections process: Objections will no longer go through the Environment Court. Instead, they will be decided by the Minister for Land Information or the local authority, speeding up resolution.
  • Opt-out clause: Agencies may choose to use the standard Public Works Act process instead of the accelerated process.

“For too long, critical infrastructure has been delayed and made more expensive by drawn-out objections to compulsory land acquisition,” Mr Penk says.

“Faster delivery of infrastructure like better transport networks will lower costs for businesses and households, and support exporters to reach overseas markets.

“It is in everyone’s interest to deliver these projects as efficiently as possible so Kiwis can access the high-quality public services they deserve. This is part of the Government’s plan to strengthen public infrastructure and improve outcomes for New Zealand.

“This is just the start of our overhaul of the Public Works Act. Further reforms will modernise the law, improve landowner engagement, and introduce new tools to support disaster recovery – while protecting property rights and ensuring the Crown and councils can deliver for New Zealanders.”

Legislation with wider amendments will be introduced to Parliament later this year, with the public able to provide feedback through the select committee process.

Notes to editors:

  • Only agencies that can currently use the Public Works Act to acquire land – the Crown, local authorities, and authorised network utility operators – will be able to use the accelerated critical infrastructure process.
  • Eligible projects must be listed in either Schedule 2 of the Fast-track Approvals Act that qualify as public works, and the Roads of National Significance listed in the Government Policy Statement on land transport 2024. The Act has a schedule that lists the projects that can use the new accelerated acquisition process.
  • Two existing protections for landowners will remain: a landowner’s ability to challenge the land value to be compensated (via the Land Valuation Tribunal) and the right to seek judicial review of official decision making claimed to be “unreasonable”.
  • Protected Māori land, as defined under the Public Works Act, cannot be acquired under the critical infrastructure accelerated process, but will gain the benefit of the incentive and recognition payments.

MIL OSI

Fatal crash, Onehunga

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Source: New Zealand Police

One person has died following a crash on Neilson Street, Onehunga yesterday afternoon.

Emergency services were called to the crash, between a vehicle and cyclist, just before 3pm.

Unfortunately the cyclist died at the scene.

The Serious Crash Unit attended the scene, and the circumstances of the crash are under investigation.

ENDS.

Holly McKay/NZ Police

MIL OSI

Determining our Future

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Source: New Zealand Ministry of Health

Publication date:

The Public Health Advisory Committee (PHAC), established under the Pae Ora (Healthy Futures) Act 2022, provides independent advice to the Minister of Health on major public health challenges. ‘Determining our Future’ is the first major report on determinants of health and equity in Aotearoa in over 25 years.

The report examines trends since 2000 in the distribution of the determinants of health (such as income, housing, cultural identity and social cohesion) and in health outcomes, and why these are unevenly distributed in our society. It looks forward to 2040, and assesses challenges to health equity and wellbeing, including the impacts of commercial interests and of the ‘megatrends’ – the climate crisis, AI and digital technology.

The report has six sections.

  • Section 1 introduces the factors which contribute to our health and wellbeing, and summarises changes in Aotearoa since 2000.
  • Section 2 explores why the determinants of health are unevenly distributed in our society, and some of the mechanisms by which they affect our health.
  • Section 3 explores trends in some key indicators of determinants and health outcomes since 2000 in more detail, including how determinants intersect in place.
  • Section 4 explores some of the future challenges we need to address to improve health for us all.
  • Section 5 assesses progress and evidence for what works to improve health equity and wellbeing, including the perspectives and experience of young people, community, iwi and public service leaders.
  • Section 6 lays out PHAC’s recommendations for actions across government to achieve a healthy future for us all. 

Read Determining Our Future

You can access Determining Our Future online, or download the document versions or summaries below.

Determining Our Future: Online version

MIL OSI

Li Ning Company Limited Announces 2025 Interim Results

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Source: Media Outreach

Implementing the Core Strategy of “Single Brand, Multi-Categories, Diversified Channels” | Excelling Through Professionalism, Strengthening Strategic Foundations

FINANCIAL HIGHLIGHTS

  • In the first half of the year, the Group recorded the following operating results:
    – Revenue rose by 3.3% to RMB14,817 million; gross profit margin declined by 0.4 percentage points to 50%
    – Net operating cash inflow was RMB2,411 million
    – Net profit attributable to equity holders was RMB1,737 million with net profit margin of 11.7%, and EBITDA margin was 23.7%
  • Working capital remained at a healthy level:
    – The percentage of gross average working capital to revenue was 7.3%
    – The cash conversion cycle was flat at 31 days compared to the same period last year
  • The Board resolved to declare an interim dividend of RMB33.59 cents per ordinary share of the Company issued or to be issued upon conversion of convertible securities for the six months ended 30 June 2025.

OPERATIONAL HIGHLIGHTS

  • The retail sell-through for the overall platform increased by low-single-digit from last year, including online and offline channels.
  • Channel inventory increased by low-single-digit comparing to the same period last year. The inventory turnover and ageing structure remained at a healthy level.
  • Offline channel new products sell-through accounted for 84% of overall offline channel sell-through, maintaining a healthy and reasonable level.

HONG KONG SAR – Media OutReach Newswire – 21 August 2025 – Li Ning Company Limited (the “Company” or “Li Ning Company”; together with the subsidiaries, collectively, the “Group”; stock codes: 2331 (HKD counter) and 82331 (RMB counter)) announces today its 2025 interim results for the six months ended 30 June 2025 (the “Reporting Period”).

Financial Results

In the first half of 2025, the Group steadily consolidated its operational foundation and actively accumulated momentum for business development, achieving steady revenue growth. During the Reporting Period, the Group’s revenue amounted to RMB14,817million, representing an increase of 3.3% as compared to the corresponding period of 2024 (2024H1: RMB14,345 million). Gross profit amounted to RMB7,415 million, representing an increase of 2.5% as compared to the corresponding period of 2024 (2024H1: RMB7,236 million). The overall gross profit margin declined by 0.4 percentage points to 50.0%(2024H1: 50.4%).

During the Reporting Period, the net profit attributable to equity holders was RMB1,737 million (2024H1: RMB1,952 million). The margin of net profit attributable to equity holders was 11.7% (2024H1: 13.6%). Return on equity attributable to equity holders was 6.5% (2024H1: 7.8%). Basic earnings per share was RMB67.43 cents (2024H1: RMB75.80 cents). The Board resolved to declare an interim dividend of RMB33.59 cents (2024H1: RMB37.75 cents) per ordinary share of the Company issued or to be issued upon conversion of convertible securities for the six months ended 30 June 2025. The interim dividend payout ratio is 50%.

In terms of cash flow management, the Group’s net cash generated from operating activities for the Reporting Period amounted to RMB2,411 million (2024 H1: RMB2,730 million). As at 30 June 2025, cash and cash equivalents (including cash at banks and in hand, and time deposits with original maturity of no more than three months) amounted to RMB11,798 million, representing an increase of RMB4,299 million, as compared with the position as at 31 December 2024. Adding back the amount recorded as time deposits, cash balance amounted to RMB19,190 million, which represented a net increase of RMB1,050 million as compared to 31 December 2024. During the Reporting Period, the decrease in retail revenue led to a reduction in retail collections. In addition, tax payments increased, resulting in a year-on-year decrease in net cash generated from operating activities. Meanwhile, the maturity and redemption of time deposits led to a significant increase in net cash generated from investing activities. The Group will continue to place extra emphasis on cash flow management to ensure the stable development of the Company in the long term.

Operational Summary

In the first half of the year, the Group continued to strengthen its core strategy of “Single Brand, Multi-categories, Diversified Channels” steadily advancing planned initiatives across key areas including product upgrade, brand marketing, and channel optimization.

Leveraging years of efforts and accumulated experience in professional sports, and relying on superior product excellence and brand strength, the Group successfully signed an agreement in 2025 to become the official sportswear partner for the Chinese Olympic Committee and the Chinese Sports Delegation from 2025 to 2028. During the Reporting Period, anchored by its core strategy of the marketing theme of “China’s Glory, LI-NING Support”（中國榮耀，李寧同行）under its new Olympic identity, the Group reinforced its professional image as an unwavering supporter of Chinese sports, and further cemented its core positioning as a professional sports brand.

In respect of professional product and marketing, the Group focused on the six core categories of running, basketball, training, badminton, table tennis and sports casual, while actively grasping market trends and exploring new sports subcategories, such as outdoor sports, tennis and pickleball. The Group continued to strengthen its product capabilities through technological innovation and enhance the deployment of professional sports resources, based on three key pillars: solidifying a professional sports mindset, showcasing sports fashion aesthetics, and inheriting Chinese cultural values. Moreover, it proactively sought to strengthen its differentiated brand advantages, promote brand recognition and popularity and enhance brand influence through diversified and comprehensive marketing campaigns.

In respect of channel, the Group has actively built a multi-dimensional channel network, and systematically promoted deepening of market coverage and upgraded of operational efficiency. In high-tier markets, through deepening strategic coordination with top-tier commercial entities and leading outlet projects, the Group promoted innovative store format planning and deployment. In emerging markets, the Group implemented deep expansion and optimised channel hierarchy layout to expand market share. As of 30 June 2025, the number of conventional stores, flagship stores, China LI-NING stores and factory outlets under the LI-NING brand (including LI-NING Core Brand and LI-NING YOUNG) amounted to 7,534, representing a net decrease of 51 as compared to 31 December 2024.

In terms of retail operations, the Group focused on the systematic construction of operating models in high-tier markets and distribution business models. Through channel structure optimisation, adjustment of store product mix, and planning of consumer interaction activities, the Group has strengthened brand mindshare penetration and improving product operation efficiency. In addition, the Group concentrated on optimising store visual presentation and marketing promotion quality, upgrading property cooperation effectiveness, and enhancing the professional service capabilities of sports consultants. The Group has also strengthened efficient collaboration between headquarters and terminals, continuously improved retail process standards, and made full preparations for new store expansion and retail capability enhancement during the Olympic cycle.

In terms of new retail business, the Group has comprehensively deepened the construction of its new retail business system. With digital upgrade as the core, the Group has been committed to driving all-round enhancement of business efficiency.

For the e-commerce business, in the face of a challenging market environment across the industry, the Group adhered to a prudent and steady operational strategy. By fostering strong cooperation between online and offline channels, developing exclusive marketing IPs, and strategically deploying key promotional campaigns, the Group continued to drive comprehensive improvements in operational efficiency, making e-commerce a key motivation for the growth.

In terms of supply chain, the Group continued to advance deep optimisation and strategic upgrading of its supply chain, focusing on four core objectives: quality control, delivery assurance, cost optimisation, and sustainable development, and has achieved notable results. Breakthrough progress was made in flexible supply capabilities, successfully expanding into e-commerce exclusive product lines, and establishing a rolling replenishment system and cross-channel coordination mechanism to maximise market demand fulfilment. In addition, the Group deeply integrated the sustainability concept into supply chain practices, effectively advancing the implementation of green products, with order volume of eco-friendly products exceeding target levels.

In the first half of the year, the Group vigorously promoted the strategic construction of the logistics system, focusing on three core directions: omnichannel logistics integration, digital upgrade, and automation optimisation, to achieve comprehensive enhancement of logistics efficiency and precise optimisation of cost control. During the Reporting Period, the launch of the Nanning central warehouse marked the Group’s completion of nationwide logistics and warehousing network deployment, further enhancing market responsiveness and core competitiveness.

In terms of kidswear business, LI-NING YOUNG has achieved steady progress in product optimisation, channel expansion, retail efficiency enhancement and brand marketing, with an emphasis on improving its professional brand image and market share. In terms of product optimisation, LI-NING YOUNG continued to drive progress through product research and development, and IP establishment, fostering breakthrough growth in its core categories. In terms of channel development, LI-NING YOUNG focused on expanding market coverage and enhancing channel quality, with a strong commitment to implementing a multi-channel growth strategy. In addition to deepening its presence in core markets, it strategically expanded emerging markets and strengthened its outlet channel layout. In terms of marketing and promotion, LI-NING YOUNG has fully leveraged the Group’s resources, working in close collaboration with categories such as basketball and running to provide a wide range of brand experiences to consumers through diversified marketing campaigns. As at 30 June 2025, the total number of LI-NING YOUNG POS amounted to 1,435, representing a net decrease of 33 POS since 31 December 2024.

Outlook

Looking ahead, the Group will firmly implement the core strategy of “Single Brand, Multi-categories, Diversified Channels”, uphold the core value of “Serve with Sportsmanship”, and continuously refine “LI-NING’s Experience Value”.

1. Building Product Competitive Advantage: The Group will continue to rely on the LI-NING Technology Innovation Platform（李寧科技創新平台）to optimise product structure, strengthen diversified deployment under the single-brand strategy, and build differentiated competitive advantages. We will focus on the deep integration of technology and fashion, creating a sports product matrix that combines functionality and trend aesthetics, meeting consumers’ full-scenario needs, and actively driving market share acquisition across various sub-segment markets. At the same time, the Group will accelerate the deployment in high-growth potential markets, focusing on breakthroughs in three emerging tracks: women’s sports, outdoor gear, and youth sports products, to seize market opportunities and cultivate new business growth drivers. In addition, the Group will increase R&D investment, leveraging core technologies to enhance product strength, and reinforce long-term competitive advantage through technological barriers.

2. Deepening the Cooperation Effectiveness with COC: LI-NING will fully support the Chinese Sports Delegation in competing on the international stage through high-quality products and highly efficient services. At the same time, the Group will further orderly launch online and offline marketing activities around this top-tier cooperation. It plans to release the 2026 Milan Winter Olympics apparel in the second half of the year, and initiate themed marketing campaigns for the Winter Olympics, continuously deepening LI-NING’s professional sports image.

3. Focusing on Business Quality and Efficiency Enhancement: The Group will coordinate efforts across three key areas, channels, products, and supply chain, to achieve dual improvement in business quality and efficiency. Channel efficiency upgrades will be pursued through dual breakthroughs in offline and online operations. Offline, the Group will enhance terminal competitiveness through initiatives such as efficiency improvement in high-tier markets, strengthening distribution capabilities, and deep cultivation of emerging markets. Online, the Group will unleash sales potential through overall ecosystem governance and brand marketing integration, aiming to achieve maximised online and offline sales. On the product side, by enhancing the full-chain system and improving the accuracy of omnichannel product planning, the Group will achieve significant optimisation of supply-demand matching, flexible production, and inventory turnover. In terms of supply chain, the Group will focus on three core indicators: cost control, quality improvement, and delivery timeliness, and deepen strategic integration with product and merchandise operations to enhance overall efficiency.

4. Consolidating Foundations to Drive Growth: To consolidate the foundation for corporate development, the Group will focus on enhancing talent-driven development, financial governance and digital-intelligence empowerment as three core pillars. In terms of talent-driven development, the Group will build talent teams based on strategic business needs, continuously optimize organisational effectiveness, and establish a flexible and efficient operational structure. In terms of financial governance, the Group will strengthen target management, establish more rigorous budget management and risk control mechanisms, enhance financial transparency and capital utilisation efficiency, and provide robust financial assurance for strategic implementation. In terms of digital-intelligence empowerment, the Group will deeply apply cutting-edge AI technologies, build a digitalised operational support system, and enhance market insight and consumer analysis capabilities, laying a solid foundation for high-quality development.

Mr. Li Ning, Executive Chairman and Joint CEO of the Group, concluded, “Driven by policy promotion, technological iteration, and changes in consumer demand, the industry overall possesses potential for high-quality growth, with opportunities and challenges intertwined. Looking ahead to the second half of the year, the Group will maintain a prudent attitude, continue to consolidate its business foundation. At the same time, the Group will closely monitor market dynamics, actively capture and seize potential structural opportunities, and promote long-term sustainable growth through a series of strategic initiatives, striving to become consumers’ preferred professional sports brand.”

Hashtag: #LiNing #Sportswear #2331.HK

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

Property Market – First home buyers resilient as owner occupiers show caution – Cotality

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Source: Cotality

New Zealand’s housing market has undergone a notable shift in buyer composition, with first home buyers (FHBs) continuing to hover around their highest share of purchases in 20 years, while existing homeowners trading up or down remain at historically low levels.

At the same time, activity among mortgaged multiple property owners (MMPOs) has returned, normalising after several years of weakness.
The Cotality NZ Monthly Housing Chart Pack – August 2025 shows that FHBs accounted for 27% of market activity in July, well above their long-term average of 21-22%. Movers, identified as existing owner-occupiers selling and rebuying, have sat consistently around the levels seen during the Global Financial Crisis, while MMPOs lifted to 25% of transactions, back in line with their historic norms.
Cotality NZ Chief Property Economist Kelvin Davidson said the latest buyer classification data reveals a significant reshaping of the country’s market.
“What we’re seeing is a marked composition shift,” Mr Davidson said.
“First home buyers are holding their strongest position in two decades, taking advantage of lower property values compared to the peak, access to KiwiSaver for at least part of their deposit, and the banks’ low-deposit lending allowances.”
“On the other hand, movers remain quieter than normal as affordability constraints linger and the challenges of high transaction costs and uncertainty roll on too, whether that’s due to jobs or the economy more broadly.”

First home buyers capitalising on softer values

The latest Chart Pack confirms FHBs remain a dominant force in 2025, buoyed by subdued house prices and targeted supports. Although national values are down almost 17% from peak levels, they have remained broadly flat this year, with the Cotality Home Value Index unchanged since December 2024.

Mr Davidson said that has created an opportunity for new entrants, especially in more affordable regions and lower-priced city suburbs.
“Conditions are tough for many households, but for buyers looking to enter the market for the first time, softer prices and reasonable access to credit have created a window of opportunity for the next generation to secure a property. 
As a result, we’re seeing both the share and raw number of FHB deals rising,” Mr Davidson said.

Movers at GFC-era lows

In contrast, movers’ participation in the market has fallen to the lowest levels since 2009. Despite a gradual rise in sales volumes nationally, up around 5% year-on-year in July, albeit off a low base, existing homeowners remain cautious.

High transaction costs, continued affordability considerations, and labour market uncertainty are compounding the restricted activity, Mr Davidson said.
“Many potential movers seem reluctant to take the leap, potentially because they’re uncertain about their ability to get a timely sale and a strong price for the existing home before they can start to ponder the next one,” he said.
“It’s a dynamic that can suppress sales volumes and have a dampening effect on confidence across the whole market.”

Investors step back in

The August Chart Pack also confirmed a resurgence of MMPOs, with their market share rising steadily from 21% in mid-2024 to 25% in July.
Mr Davidson said changes in both policy and financing costs have been pivotal in stimulating this momentum, with smaller and newer investors particularly active, targeting lower-value existing properties as well as some new-builds.
“The return to 100% mortgage interest deductibility has eased the tax bills, and lower mortgage rates have reduced the cashflow top-ups needed to hold an investment,” he said.
“That has shifted the balance for many landlords, allowing them to re-engage in the market and for newer investors given them the incentive to build a portfolio in more favourable conditions.”

Sales, listings, and credit conditions

Sales volumes have now risen in 25 of the past 27 months, although that activity has only recently returned to ‘normal’ levels after the deep trough of 2022-23.
While new listing numbers are tracking are relatively normal levels and total stock levels are beginning to fall (as sales rise), it’s a gradual process that is not yet creating conditions for clear or sustained price gains.
The Chart Pack notes that while banks appear to remain cautious, particularly with loan-to-value ratio (LVR) rules, some investors are steadily increasing their borrowing at lower LVRs.
At the same time, a large portion of existing loans are about to roll onto lower rates, which could ease household cashflows and free up capacity for new borrowing. Mr Davidson highlighted that around two thirds of mortgages are fixed and due to reprice in the next 12 months, with many households likely to see reduced repayments as rates fall.
“Lower mortgage rates have supported buyer demand, but the weak labour market and subdued economy are offsetting factors. Credit conditions remain an important filter on who can and can’t transact,” Mr Davidson said.

Spring outlook

Mr Davidson suggests these market composition changes are likely to persist through the rest of 2025 with FHBs set to remain active, movers constrained, and MMPOs steady, depending on policy and interest rate paths.
“The composition of buyers is arguably just as important as the headline sales numbers,” Mr Davidson said.
“Movers may continue to sit below their historical share, but they still drive a large portion of transactions in many areas. For investors, improving conditions point to a consistent level of activity and stable market share. And while first home buyers won’t stay at record highs indefinitely, even a smaller slice of a busier market would still see them active in greater numbers.”

The Cotality NZ Monthly Housing Chart Pack – August 2025 provides the latest breakdown of sales, listings, buyer classification, property values, rental dynamics, and credit flows, as well as selected economic indicators.

Highlights from the August 2025 Housing Chart Pack include:

  • New Zealand’s residential real estate market is worth a combined $1.65 trillion.
  • The Cotality Home Value Index shows property values across New Zealand edged down by -0.2% in July, the same as fall over the past 12 months.
  • The total sales count over the 12 months to July was 87,482.
  • Total listings on the market were around 26,100 in early August. The total number of properties listed on the market remains elevated, although the rise in agreed sales is starting to erode those stock levels a little.
  • The pace of rental growth remains very subdued, with net migration having fallen a long way from its peak, and the stock of available rental listings on the market still elevated.
  • Buyer Classification data shows first home buyers made up 27% of purchases in July, while smaller investors (‘Mums and Dads’) are having a comeback, targeting cheaper, existing dwellings.
  • Gross rental yields now stand at 3.8%, which is the highest level since mid-2016.
Inflation is back in the 1–3% target range. The Reserve Bank cut the official cash rate on 20th August and looks set to deliver further cuts this year.
The Chart of the Month for July highlights the continued resilience of first home buyers, but also the return to a normal market share (around 25%) for mortgaged multiple property owners, after recent lulls.

MIL OSI

Vingroup Ranked Vietnam’s Largest Private Contributor to the State Budget

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MIL OSI
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Source: Media Outreach

HANOI, VIETNAM – Media OutReach Newswire – 21 August 2025 –Vingroup (Ticker: VIC) has been recognized as the largest private contributor to Vietnam’s state budget, with total payments exceeding VND 56.2 trillion. This figure accounts for nearly 40% of the total contributions from the Top 10 enterprises on the list.

The National Exhibition Fair Center, inaugurated on August 19, stands as a testament to Vingroup’s credibility and execution capability.

According to the PRIVATE 100 ranking of Vietnam’s top 100 private enterprises by tax contribution, published by the CafeF, Vingroup paid more than VND 56.2 trillion into the state budget in 2024, representing an 82% increase compared to 2023. Vingroup’s payments made up 23% of the Top 100’s total contributions and nearly 40% of the Top 10.

This is the second consecutive year CafeF has published the PRIVATE 100 list, which is based on actual payments made during a full fiscal year. Vingroup’s continued leadership in the ranking is a clear testament to its credibility, social responsibility, and the effective, sustainable business model of its entire ecosystem.

In addition to being the largest taxpayer, Vingroup is also Vietnam’s largest private conglomerate and one of the nation’s leading corporations. As of June 30, 2025, Vingroup’s total assets reached VND 964,439 billion; consolidated net revenue and post-tax profit for the first half of 2025 were VND 130,366 billion and VND 4,509 billion, respectively.

Vingroup’s two core business pillars, Technology – Industry and Real Estate & Services, achieved impressive growth. In the Industrials & Technology segment, VinFast delivered 72,167 electric vehicles worldwide in the first six months of 2025, a 3.2-fold increase year-on-year. In Vietnam, VinFast maintained its position as the market leader with 67,569 cars delivered, while also setting a new record in electric two-wheelers with 114,484 units handed over. These results reinforce VinFast’s pioneering role in driving the green transition.

In Real Estate & Services, Vinhomes remained Vietnam’s real estate leader, recording VND 67,504 billion in contracted sales and an additional VND 138,208 billion in unbilled bookings (as of June 30, 2025). Vinhomes was also the top real estate taxpayer in 2024, according to the PRIVATE 100 ranking. Other key subsidiaries, including Vincom Retail and Vinpearl, posted revenues of VND 4,274 billion and VND 5,912 billion respectively, maintaining their leadership in retail real estate and tourism.

Notably, on August 11, 2025, Vingroup announced the addition of two new pillars, Infrastructure (high-speed rail, bridges, ports, logistics, etc.) and Green Energy (solar, wind, and energy storage systems). These sectors are expected to unlock breakthrough growth potential, further contribute to the state budget, and strengthen the role of the private sector as the new driver of Vietnam’s development.

Vingroup contributes meaningfully to society through its Social Enterprises pillar. In August 2025, the Group’s Kind Heart Foundation was awarded the First-Class Labor Order, recognizing 19 years of tireless charitable efforts, supporting millions of disadvantaged individuals, and promoting sustainable community development with total disbursements of VND 30 trillion.

On August 19, 2025, Vingroup also proudly received the First-Class Labor Order for completing the National Exhibition Fair Center 15 months ahead of schedule. This milestone was dedicated to Vietnam’s 80th National Day and marks a significant contribution to the socio-economic development of Hanoi and the nation.

Vingroup’s repeated recognition at the national level, alongside its consistent top rankings in reputable business evaluations, is clear evidence of its growth potential, social responsibility, and long-term commitment to sustainable development.

Hashtag: #Vingroup

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

Atmos Funded to Host First Thailand Seminar Offering Up to USD 400,000 in Trading Capital

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MIL OSI
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Source: Media Outreach

BANGKOK, THAILAND – Media OutReach Newswire – 21 August 2025 – Atmos Funded, a global prop trading firm backed by leading broker Taurex, will host its first major seminar in Thailand on August 30, 2025, from 12:00 PM to 5:00 PM at the Centara Grand at CentralWorld, Bangkok.

The Speakers: Coach Joe and Connor Woods

Tailored specifically for the Thai trading community, the Atmos Funded Bangkok Seminar will be conducted entirely in Thai, offering traders, aspiring traders, and financial market enthusiasts the chance to learn directly from industry-leading experts. Professional interpreters will also be available to assist non-Thai speakers, ensuring an inclusive and interactive learning experience.

The event will feature exclusive sessions on day trading strategies, risk management, and funding opportunities, including how Thai traders can access up to USD 400,000 in trading capital through Atmos’ structured challenges. Attendees will also benefit from a live Q&A with Atmos Funded representatives, along with on-site promotions, giveaways, and networking opportunities with other members of the trading community.

Featured speakers include:

  • Coach Joe – Fully funded professional trader, trading coach, and systems developer with over five years of experience. Founder of KZy VERSE and creator of leading automated trading systems, Joe manages more than USD 500,000 in prop trading firm portfolios, specialising in algorithmic strategies, portfolio growth, and mentoring traders worldwide.
  • Connor Woods – Fully funded trader, senior market analyst, and founder of the upcoming Taurex Trading Academy. Connor specialises in Smart Money concepts, macroeconomics, and risk management, delivering actionable market analysis and structured trading education in collaboration with Taurex and Atmos Funded.

Nick Cooke, Atmos CEO, said: “We see Thailand and Southeast Asia as a region of significant importance for the trading world. We recognise the skill and potential of Thai traders, and this seminar reflects our commitment to engaging with the local community, sharing knowledge, and supporting their growth in professional trading.”

Registration for the Atmos Funded Bangkok Seminar is now open. Further information, including the full program schedule and speaker details, is available at https://atmosfunded.com/bangkok-2025/.

Media-Outreach.com.

Overseas merchandise trade: July 2025 – Stats NZ information release

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MIL OSI

Greenhouse gases down in most New Zealand regions in 2024 – Stats NZ media and information release: Greenhouse gas emissions by region (industry and household: Year ended 2024

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MIL OSI

TOJOY Shared Holding Group’s 8th China Unicorn Carnival Celebrates Milestone Success, Paving the Way for Private Sector Growth

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MIL OSI
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Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 21 August 2025 – The 8th China Unicorn Carnival, marking TOJOY Shared Holding Group’s 34th anniversary, concluded in Beijing on August 18, bringing together more than 2,000 leaders from business, government, and academia. Under the theme “Private Enterprises’ Second Leap,” the event explored critical challenges and opportunities for private enterprises, offering innovative strategies for sustainable growth. Beyond being a high-profile gathering of ideas, the event reaffirmed TOJOY’s vital role in advancing high-quality development in China’s private economy through strategic, actionable initiatives.

Ge Jun, Co-Chairman of TOJOY Shared Holding Group and the Chairman of the Board and CEO of TOJOY Shared Enterprise Services, highlighted the pivotal role of platform ecosystems in transforming business models. “The future will belong to businesses that either build platforms or leverage them,” he said.

Driving the Next Leap for Private Enterprises

In his keynote speech, “Private Enterprises’ Second Leap in a Changing Era,” Ge Jun, Co-Chairman of TOJOY Shared Holding Group and the Chairman of the Board and CEO of TOJOY Shared Enterprise Services, highlighted the pivotal role of platform ecosystems in transforming business models. “The future will belong to businesses that either build platforms or leverage them,” he said.

Using TOJOY’s Boss Cloud platform and NVIDIA’s CUDA ecosystem as examples, GE Jun outlined the critical role platform-driven ecosystems play in unlocking growth potential. He encouraged private enterprises to explore new consumer markets, especially in the emerging “emotional value” economy, while building new growth drivers by capitalizing on their core strengths. He also highlighted the importance of using platform ecosystems to expand globally and capitalize on opportunities arising from favorable policies. Calling for innovation and collaboration, GE Jun stressed that businesses must harness the synergies of platforms to drive disruptive value and shared success.

Wang Min, Executive President and Secretary-General of the China General Chamber of Commerce, reinforced this message at the opening ceremony, stressing the need for collaboration and innovation to navigate today’s challenging economic landscape. He praised TOJOY’s platform-driven model for optimizing resource allocation and driving sustainable growth in the private sector.

Boss Cloud Surpasses 6 Million Users, Cementing Leadership in Smart Ecosystems

The event marked a significant milestone for TOJOY’s flagship platform, Boss Cloud, which has now surpassed 6 million registered users. This achievement underscores the platform’s growing influence and its ability to aggregate resources, reflecting the broader digitalization and intelligent transformation sweeping through China’s private economy.

As one of China’s premier big-data resource platforms for entrepreneurs, Boss Cloud connects businesses across industries, regions, and stages of development. The platform employs advanced AI technology to match companies with opportunities, helping them identify markets, expand resources, build networks, and seize new growth potential.

Boss Cloud’s strong growth is driven by TOJOY’s ongoing investment in AI innovation. Its proprietary Tianxingqiong AI model has reached key milestones, including certification from China’s Cyberspace Administration for deep synthesis algorithms and regulatory approval for generative AI services in 2025. These developments enable the platform to deliver smarter, faster, and more accurate solutions to its growing user base.

Platforms and AI Propel the Future of Private Economic Growth

Boss Cloud’s success is closely tied to supportive national policies, such as the implementation of the Private Economy Promotion Law and the Interim Measures for Generative AI Services Management, which provide a favorable environment for compliant AI enterprises like TOJOY. Reflecting on these developments, Ge Jun remarked, “Boss Cloud’s 6 million users are living proof of the win-win logic of a shared ecosystem. Moving forward, businesses must align with policy directions and embrace platform ecosystems to seize opportunities in an ever-changing economic landscape.”

Having witnessed the evolution of private enterprises over its 34-year journey, TOJOY continues to lead the sector’s transformation from traditional models to the digital and intelligent age. Looking ahead, the company remains committed to empowering businesses through platform-driven solutions and AI-powered innovations, injecting new momentum into China’s economy. With its 6 million users, TOJOY aims to write a new chapter in the growth and transformation of the country’s private economy.

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