[The core section of the UAE high-speed railway has been awarded the contract]The civil engineering and station design and construction contract for the first phase of the UAE high-speed rail network has been officially awarded. The total investment of the project is about 57 billion yuan. Several international consortia led by enterprises from the United Arab Emirates, India, Türkiye and other countries have won the bid for Abu Dhabi and Dubai sections respectively. The project is scheduled to be completed and opened to traffic by 2030, marking a crucial progress in the construction of the Middle East high-speed rail network.Editor/Gao Xue
On April 9, 2026, National Energy Group Yongzhou Power Generation and Hunan Zhongtai Technology signed a polyimide film green power direct connection project at Yongzhou Land Port, witnessed by the Yongzhou Municipal Bureau of Industry and Information Technology and representatives of State Grid. Yongzhou Power Generation is responsible for building a "wind solar storage" collaborative power supply system to achieve direct connection of green electricity. Zhongtai Technology will use this to reduce electricity costs, lock in price risks, and obtain traceable green electricity certificates to meet export carbon compliance and enhance ESG image, helping both parties achieve industrial synergy and green development.Editor/Cheng Liting
TikTok recently invested $125 million in Ho Chi Minh City to focus on improving its logistics, payment, and digital commerce systems, aiming to address pain points such as low fulfillment efficiency and complex COD management in Vietnamese e-commerce. Against the backdrop of Vietnam's e-commerce scale reaching 32 billion US dollars and dominated by Shopee and TikTok, the new E-commerce Law plans to introduce strict regulations, extending supervision to live streaming e-commerce content and seller qualifications. Cross border sellers face higher thresholds for local registration and data compliance, and the platform's responsibility boundaries are further clarified.Editor/Cheng Liting