Vietnamese multi-sector conglomerate Stavian Group and Japanese private investment firm Midas Capital have executed a strategic Memorandum of Understanding (MOU) to jointly develop subsea optical cable infrastructure, data centers, and digital technology platforms. Signed in Tokyo during the official state visit of General Secretary and President of Vietnam To Lam, the agreement establishes a US$ 1.0 billion investment framework aimed at strengthening Vietnam’s regional connectivity and supporting the Asia-Pacific AI infrastructure pipeline.