In Vietnam, Vingroup Plants the Seeds of a Social Enterprise Ecosystem

Vingroup, a leading Vietnamese conglomerate, is redefining the role of business in society. Through a diverse portfolio and a deep commitment to social responsibility, they are actively cultivating an ecosystem that fosters positive social impact.

HANOI, VIETNAM – Media OutReach Newswire – 20 September 2024 – In the wake of Typhoon Yagi’s devastating impact, Vingroup, a leading Vietnamese conglomerate with a diverse portfolio spanning real estate, technology, and social enterprise, swiftly pledged a substantial donation of 250 billion VND (approximately $10.6 million USD) towards relief efforts. This act of generosity, the largest corporate contribution to date, reflects a long history of philanthropy.

Thien Tam Charity Fund (Vingroup) supports the construction of the “Dream School” in Abaanh 1 Village, Tr’hy Commune, Tay Giang District, Quang Nam.

Vingroup’s and its leadership’s commitment to social responsibility, however, extends far beyond disaster relief. It’s woven into the very fabric of their corporate identity. One of their three core operating areas is dedicated entirely to social enterprise, a testament to their belief that business success and societal progress are intrinsically linked.

One manifestation of this commitment is the Kind Heart Foundation, established in 2006. Through this foundation, Vingroup has spearheaded numerous initiatives aimed at improving the lives of disadvantaged communities across Vietnam. From establishing the Promotion Fund for Vietnamese Football Talent (PVF) to creating centers for the elderly and orphans, and providing scholarships and essential medical care, the foundation embodies the philosophy that “charity is not just giving, but creating change.”

Furthermore, Vingroup’s leadership demonstrates its commitment to global progress through the VinFuture Foundation, which was co-founded by Vingroup’s Chairman Pham Nhat Vuong and his wife. With an annual commitment of $4.5 million USD in awards, the foundation recognizes groundbreaking research and innovations across various fields like Artificial Intelligence, Renewable Energy, and Biotechnology, which have the potential to transform lives and create a more sustainable future.

Recognizing the urgent need for environmental action, Vingroup launched the For a Green Future Foundation in 2023. Funded in part through innovative initiatives like the Xanh SM campaign, the foundation supports key programs promoting sustainability across various sectors, from developing renewable energy infrastructure and promoting sustainable agriculture, to advancing environmental education and research.

Even Vingroup’s ventures in healthcare and education, through Vinmec and Vinschool respectively, operate on a non-profit basis, prioritizing accessibility and quality for the community over profit margins. Vinmec hospitals offer state-of-the-art medical care at affordable rates, while Vinschool provides a world-class education system with a focus on character development and community service.

This unwavering dedication to social enterprise has earned Vingroup respect and admiration within Vietnam and has also paved the way for its global expansion. Their forays into international markets, particularly in the Middle East with their electric vehicle brand, VinFast, exemplify how they aim to fulfill their broader mission of creating a better and greener future for everyone, not just the people of Vietnam.

When asked about his vision for Vingroup’s future, Pham Nhat Vuong stated, “I envision Vingroup as a globally recognized technology and industrial conglomerate. Our commercial services and philanthropic efforts in Vietnam will be cherished and highly regarded by the Vietnamese people. I hope that in the future, people will think of Vingroup as a company always striving for the good, for the community.”

Vingroup’s story is a powerful reminder that businesses can be a force for good, driving innovation and progress while also uplifting communities and championing sustainability. Their legacy is one of not just commercial success, but also of compassion, ethical practices, and a deep-rooted commitment to creating a better world for all.

Bitget Celebrates Its 6th Anniversary, Surpassing 45 Million Users

VICTORIA, Seychelles, Sept. 20, 2024 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, proudly celebrates its 6th anniversary with a significant milestone — surpassing 45 million users worldwide, overtaking its competitors becoming the fourth largest crypto exchange by trading volume. The platform boasts as the fastest growing exchange with 400% user growth since last year.

Bitget Celebrates Its 6th Anniversary, Surpassing 45 Million Users

Bitget Celebrates Its 6th Anniversary, Surpassing 45 Million Users

In 2024, Bitget’s user base almost tripled, fueled by continuous innovation, enhanced user experience, and a strong commitment to security. In 2024, Bitget recorded significant growth in Africa (1,614%), South Asia (729%), Southeast Asia (216%). The earn (savings) products on Bitget show a sharp rise, a more than 600% increase from Q3 2023 to Q3 2024. The platform also experienced a 50% traffic increase and a net asset inflow of $700 million in H1 2024.

Bitget Total Users (M)

Bitget Total Users (M)

In addition to its business growth, Bitget remains committed to impactful Corporate Social Responsibility (CSR) initiatives like #Blockchain4Youth and #Blockchain4Her. The #Blockchain4Youth initiative has brought blockchain education to more than 13,000 students in over 60 universities, such as the University of Zurich and National Taiwan University. Through #Blockchain4Her, Bitget has supported women entrepreneurs in crypto space through collaborating with global organizations like SheFi and Women in Web3.

“Bitget’s consistent growth is a result of its continuous innovation from the best engineers and product teams across the industry. With a strong workforce of over 1500 talents, Bitget delivers world-class smart crypto solutions to its users with the ease of navigating and highest security custody. The 45M users on our exchange, wallet and Web3 services show the strength of our growing CeDeFi ecosystem,” said Gracy Chen, CEO at Bitget.

To mark the anniversary, Bitget is hosting a variety of events to engage its global community, including interactive “6”-themed challenges at its booth during the Singapore Token2049 Summit, where it serves as the title sponsor. Additionally, in partnership with RaveDAO, Bitget also co-hosts Nightopia, a major Token2049 side event featuring renowned DJs like Don Diablo.

Bitget also recognizes industry leaders through Smart Awards, who have significantly advanced the public promotion of blockchain and cryptocurrency. The awards will also celebrate the most innovative projects and operations that have made notable contributions to the industry’s development. In support of diversity, Bitget has partnered with SheFi to co-host the SheFi Summit and the Blockchain4Her Awards, promoting female participation in the crypto space.

As part of its celebrations, Bitget has launched a dedicated anniversary page, featuring an open letter from the CEO, contests and prizes, including a PS5, limited-edition anniversary boxes, and a share of 20,000 USDT, recognizing the crucial role of Bitget’s community and employees in its success. Themed “Smart Steps, Big Leaps,” a new brand advertisement is also unveiled during the celebrations.

Bitget’s success has been significantly driven by its continuous introduction of innovative products that meet the evolving needs of its user base. In 2024, the platform introduced 425 new listings, expanded its Launchpad and Launchpool platforms, and launched PoolX, listing over 60 projects and attracting 350,000 participants within three months. The newly launched Bitget Pre-Market in 2024 engaged over 35,000 traders in just three months. As Bitget celebrates its 6th anniversary and surpasses 45 million users, Bitget remains focused on expanding its presence, building innovation, and spreading financial sovereignty worldwide.

To know more about Bitget’s journey, please visit here.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team).

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices may fluctuate and experience price volatility. Only invest what you can afford to lose. The value of your investment may be impacted and it is possible that you may not achieve your financial goals or be able to recover your principal investment. You should always seek independent financial advice and consider your own financial experience and financial standing. Past performance is not a reliable measure of future performance. Bitget shall not be liable for any losses you may incur. Nothing here shall be construed as financial advice. For more information, see our Terms of Use.

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Bitget

Zenas BioPharma Announces Closing of Full Exercise of Underwriters’ Option to Purchase Additional Shares in Initial Public Offering

WALTHAM, Mass., Sept. 19, 2024 (GLOBE NEWSWIRE) — Zenas BioPharma, Inc. (“Zenas”), (Nasdaq: ZBIO) a clinical-stage global biopharmaceutical company committed to being a leader in the development and commercialization of transformative immunology-based therapies, today announced that the underwriters of its previously announced upsized initial public offering of 13,235,294 shares of its common stock, which closed on September 16, 2024, exercised in full their option to purchase an additional 1,985,294 shares at the initial public offering price of $17.00 per share. After giving effect to the full exercise of the underwriters’ option to purchase additional shares, which closed on September 19, 2024, Zenas sold 15,220,588 shares in its initial public offering, resulting in gross proceeds of approximately $258.7 million. All of the shares were sold by Zenas. Zenas’ shares began trading on the Nasdaq Global Select Market on September 13, 2024 under the ticker symbol “ZBIO”.

Morgan Stanley, Jefferies, Citigroup, and Guggenheim Securities acted as joint book-running managers for the offering.

Registration statements relating to the shares sold in the offering have been filed with the U.S. Securities and Exchange Commission (“SEC”) and became effective on September 12, 2024. The offering was made only by means of a prospectus. Copies of the final prospectus may be obtained from: Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, or by email at prospectus@morganstanley.com; and from Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY 10022, by telephone at (877) 821-7388, or by email at Prospectus_Department@Jefferies.com.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any offer or sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

About Zenas BioPharma, Inc.

Zenas is a clinical-stage global biopharmaceutical company committed to becoming a leader in the development and commercialization of transformative immunology-based therapies for patients in need. Our core business strategy combines our experienced leadership team with a disciplined product candidate acquisition approach to identify, acquire and develop product candidates globally that we believe can provide superior clinical benefits to patients living with autoimmune diseases. Zenas’ lead product candidate, obexelimab, is a bifunctional monoclonal antibody designed to bind both CD19 and FcγRIIb, which are broadly present across B cell lineage, to inhibit the activity of cells that are implicated in many autoimmune diseases without depleting them.

Investor Contact:
Matthew Osborne
Investor Relations and Corporate Communications
Matt.osborne@zenasbio.com

Media Contact:
Argot Partners
Zenas@argotpartners.com

GlobeNewswire Distribution ID 9233662

Dozens of casualties in a series of continued Israeli airstrikes across Gaza


GAZA: A wave of Israeli airstrikes across Gaza has resulted in multiple casualties, with reports indicating that at least 13 civilians have been killed and numerous others injured, including women and children, over the last few hours.

Local sources confirmed that a strike on the Sheikh family home in the al-Daraj neighborhood of Gaza City led to the murder of seven individuals and left several others wounded. Emergency response teams are currently searching for survivors under the rubble.

In northern Gaza, an airstrike targeted the Abu Rabea family home in Beit Lahiya, resulting in several injuries. Rescue operations are ongoing as teams continue to search for missing persons.

Simultaneously, six more civilians were killed in a separate strike that hit the homes of the Abu al-Hatl and Ziyada families near a municipal park in Gaza City.

Additionally, an apartment in the Elia Tower in the al-Nuseirat refugee camp was targeted by an Israeli airstrike, leading to further casualties.

Earlier yesterday, seven
civilians lost their lives when an Israeli airstrike targeted the Azzam family home in Jabalia, northern Gaza.

Artillery fire also hit residential areas near Abu Habib roundabout in the Zeitoun neighborhood of Gaza City.

Further casualties were reported in the eastern area of the town of al-Qararah, south of the region, where two civilians were killed, while two young men were killed in an Israeli strike targeting a vehicle at the entrance of the al-Maghazi refugee camp.

Israeli forces have also demolished several residential buildings in southeastern Gaza City and destroyed multiple structures in the northern part of al-Nuseirat refugee camp.

The ongoing Israeli aggression on Gaza since October 2023 has so far resulted in 41,272 documented Palestinian fatalities, with over 95,551 others injured.

Thousands of victims are feared trapped under rubble, inaccessible to emergency and civil defense teams due to Israeli attacks.

Source: Palestine news & Information Agency – WAFA

EU Provides New $39 Billion Loan to Ukraine

European Commission President Ursula von der Leyen announced Friday that the Commission will provide Ukraine with a new loan worth 35 billion euros ($39 billion).

Von der Leyen said in a statement ahead of her meeting with Ukrainian President Volodymyr Zelenskyy in the capital, Kyiv, that “the ongoing Russian attacks mean that Ukraine needs continued support from the European Union,” noting that the new loan is another major contribution from the European Union to Ukraine’s recovery.

Recent Russian attacks on Ukraine’s energy infrastructure have caused disruptions, halting the equivalent of nine gigawatts of electricity production, which von der Leyen described as “equivalent to the electricity of the three Baltic states.”

Source: Qatar News Agency

IAEA chief: Kuwait, global partner in using nuclear science for peace, development

Director General of the International Atomic Energy Agency (IAEA) Rafael Grossi hailed Thursday Kuwait as an important partner in the global efforts to harness the atom for peace and development.

Speaking at an event, organized by Kuwait and the IAEA at the UN headquarters in Vienna Thursday to celebrate the 60th anniversary of Kuwait’s membership in the IAEA, Grossi commended Kuwait’s efforts and active role, through its contributions to the agency’s initiatives, in using nuclear energy for promoting peace and achieving sustainable development worldwide.

He affirmed the IAEA determination to continue fruitful cooperation with Kuwait.

IAEA chief highlighted Kuwait’s role and firm commitment to applying nuclear science and technology to achieve the UN sustainable development goals.

Meanwhile, Kuwait’s Permanent Representative to the IAEA Ambassador Talal Al-Fassam touted Kuwait’s cooperation with the IAEA over the past six decades.

“Over the course of sixty years, we have embarked on a scientific journey
dedicated to the peaceful use of nuclear technology to achieve sustainable development goals,” Al-Fassam said.

“Our partnership has grown towards new horizons, and we are committed to continuing this cooperation to promote health, innovation and sustainable development in line with the sustainable development goals and to provide a decent life for our citizens,” he added.

Al-Fassam noted Kuwait’s many contributions to the Agency’s programs and initiatives, including the modernization of the Agency’s scientific laboratories in Sabersdorf, the Peaceful Uses Initiative, and the Marie Sklodowska-Curie Fellowship Programme (MSCFP).

The event was held on the sidelines of the 68th IAEA General Conference and was attended by a large number of prominent international figures led by the IAEA chief, Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) Haitham Al-Ghais, Executive Secretary of the Comprehensive Nuclear-Test-Ban Treaty Organization (CTBTO) Robert Floyd, and a group of Arab a
nd foreign ambassadors accredited to the United Nations in Vienna. (end) amg.ibi

Source: Kuwait News Agency

19 Palestinians Martyred in Israeli Occupation Bombing of Gaza, Rafah Cities

At least 19 Palestinians were martyred and others were injured in an Israeli occupation bombing that targeted Gaza and Rafah cities Friday.

Local Palestinian sources said that at least 13 Palestinians were killed when Israeli warplanes bombed two houses in the Musbah area north of Rafah city, south of the Strip.

They noted that three other Palestinians were martyred when the occupation targeted a vehicle near the Abbas intersection west of Gaza City, and a fourth Palestinian was martyred when a residential house was bombed near Palestine Stadium in the center of the city, in addition to another Palestinian being martyred as a result of bombing that targeted a group of citizens in Al Shaaf Street east of the city.

The Palestinian civil defense said that its crews also recovered the body of a martyr who was riding a bicycle that was targeted by an Israeli drone in Rafah.

The number of martyrs in the Gaza Strip, since the beginning of the Israeli aggression on October 7 of last year, has risen to 41,272, th
e majority of whom were children and women, while the number of injuries has reached 95,551, with thousands of victims still under the rubble due to Israeli restrictions.

Source: Qatar News Agency

Palestinian young man killed in S. Jenin

– A Palestinian young man was martyred when the Israeli occupation forces attacked his vehicle in Qabatia town, to the south of the West Bank city of Jenin, late Thursday.

The martyr, yet to be identified, succumbed to his injury upon his arrival at Al-Razy Hospital, the Palestinian Ministry of Health said in a statement.

The Israeli occupation forces stormed the town this midday and cordoned off a house, killing three people and injuring 10 others, according to earlier reports. (end) nq.sam.hm

Source: Kuwait News Agency