Have investors lost their minds over Firmus's A$44 billion AI dream?

At A$11 a share, the question is not whether artificial intelligence will grow. It is how much cash Firmus keeps after paying for power, Nvidia's share…

Oct 12 • Duy Mai

Vietnam is building data centres, but not yet on terms foreign capital can finance

Demand for onshore computing in Vietnam is real and growing. What is missing for foreign investors is a contracted global tenant, a settled power price…

Oct 5 • Duy Mai

1

September 2026

Vietnam’s Rare Earth Opportunity Begins After the Mine

A planned Lynas and LS Eco Energy plant would link Australian rare earth supply to global magnet production. Vietnam gets a credible opening. Lasting…

Sep 23 • Duy Mai

1

August 2026

The World’s Most Expensive Sand Comes With a Toll

Vietnam’s wafer expansion remains dependent on offshore supplies of critical quartz

Aug 31 • Duy Mai

1

The offshore consolidation of Vietnamese healthcare

Singaporean funds hold the hospital chains, Japanese strategics are buying the device makers, and the record A$540 million sale of FV Hospital set the…

Aug 13 • Duy Mai

1

July 2026

Forrest's tungsten bet runs through Haiphong

A$189.7 million for 16.8 percent of EQ Resources. The asset that explains the price is a plant in Vietnam.

Jul 31 • Duy Mai

3

1

The Month Oil Picked Sides: Vietnam +4.8%, Australia +0.6%

WTI ran to A$145 on the Iran strikes and settled at A$102 on the ceasefire. Structure, not stock picking, decided who the round trip paid: Vietnam…

Jul 12 • Duy Mai

1

June 2026

Vietnam's AI Boom Runs on Power it Doesn't Have Yet

In Vietnam's AI build-out, the durable returns are in power, not chips, and Australia is selling the inputs instead of owning the assets.

Jun 29 • Duy Mai

2

May 2026

Sojitz, Hanwa, JX Metals, Marubeni, Mitsubishi

Five Japanese trading houses just took positions in Australian metals. Plus eleven frigates the other way. AUD 11.67 billion, signed in a fortnight.

May 17 • Duy Mai

3

What Japan PM Sanae Takaichi signed in Hanoi

Three days, six documents, AUD 7.6 billion a year. Tokyo has decided where its capital goes next.

May 4 • Duy Mai

3

2

1

April 2026

The Vietnam-Australia trade nobody is writing about

Vietnam joins the emerging market index on 21 September 2026. Australia's A$4.5 trillion super is already hunting offshore. These two stories should be…

Apr 20 • Duy Mai

3

1