Maitland has been officially announced as the host city for the National Historical Machinery Association (NHMA) National Rally in 2027, a major milestone for the region’s events calendar, with a bumper week-long program of activities and experiences expected to attract large crowds to the city.
The Rally will be the 20th Biennial National Rally and will coincide with the 40th anniversary of the Burton Automotive Hunter Valley Steamfest, creating a major national celebration of heritage machinery that is expected to inject $3.2 million into the local economy.
The combined program, supported by Maitland City Council, will run for nine days, beginning with the NHMA National Rally from 10 to 11 April 2027, followed by a week of activities and culminating with Steamfest on 17 to 18 April 2027.
Maitland City Councillor Ken Jordan, Chair of the Steamfest Working Group, highlighted the importance of Council’s involvement, saying that “Maitland City Council is proud to support this national event, which celebrates the incredible history of steam and antique machinery.
“It’s a fantastic opportunity to showcase Maitland, the heart of the Hunter, to enthusiasts from across Australia, bringing the community together for a vibrant celebration, and creating lasting cultural and economic benefits.”
Visitors can expect an impressive showcase of steam engines, vintage tractors, antique farm machinery, as well as heritage train rides, show-and-shine displays, kids’ activities, and plenty of food and entertainment.
Organisers are also working toward developing an enhanced rail program for Steamfest, alongside a broader week-long program of steam train experiences.
With an expanded nine-day program, the 2027 National Rally and Steamfest are expected to draw around 70,000 visitors and provide a significant boost to local businesses, including the city’s accommodation providers that are expected to be fully booked for the event.
President of the Maitland Steam and Antique Machinery Association (MSAMA), Bill Waddell and President of the Hunter Valley Vintage Farm Machinery Association, Bill Onley, said the clubs were thrilled to be joining together in partnership to host the Rally.
“We’re excited to bring the National Rally to Maitland, creating a week-long celebration that showcases the very best of steam and antique machinery for collectors, enthusiasts and families alike.
With the support of Maitland City Council, we’re looking forward to delivering a truly memorable experience, delivering a diverse and engaging program,” Mr Waddle and Mr Onley said.
President of the NHMA, Peter Garnham, noted the significance of the Rally coming to Maitland.
“The NHMA National Rally is a highlight for steam and antique machinery lovers nationwide. Maitland, with its rich history and strong local support, is the perfect location to make the 2027 Rally a milestone event.
“With two major weekends and a full week of activity in between, Maitland will see significant visitation from exhibitors and spectators alike, filling venues across the city and delivering major economic benefits on top of the strong crowds traditionally seen at Steamfest.”
The nine-day celebration of steam and antique machinery will be a significant national event for Maitland, drawing visitors from across the country and cementing the region as a hub for heritage machinery enthusiasts.
Full program details and ticketing information will be released closer to the event. Updates will be available at www.maitland.nsw.gov.au
Suzuki Australia is recalling certain 2025 Fronx Hybrid models and advising owners not to use the rear seats after ANCAP testing revealed a seatbelt failure.
Testing of the Suzuki Fronx late last year saw the vehicle narrowly achieve a one-star ANCAP safety rating, following poor performance in key crash tests and low levels of occupant protection for both adults and children.
ANCAP testing also identified a rear seatbelt failure during the full-width frontal crash test.
Suzuki Australia said in a statement that it acknowledged the ANCAP assessment of the 2025 Fronx Hybrid and had launched a thorough investigation.
“As our investigation continues, we have identified a VIN range of potentially affected vehicles for which a voluntary safety recall has been announced,” Suzuki Australia said.
“It appears that the functionality of the rear seat belt retractor mechanism may not perform as designed and as a potential consequence excessive belt length may release in the event of collision.”
The Federal Government’s Vehicle Recalls website said in an accident or under hard braking, if the Fronx’s rear seat belt did not operate as intended, it could increase the risk of injury or death to a vehicle occupant.
Suzuki Australia said Fronx Hybrid customers with affected vehicles should immediately stop using the rear seats.
“We continue to undertake immediate and urgent investigations of this phenomenon,” the company said.
“Upon completion of the investigation, Suzuki Motor Corporation and Suzuki Australia will facilitate further actions to ensure the safety of all listed vehicles.”
Customers driving the 249 affected vehicles within the VIN range will be contacted by Suzuki Australia. Those with concerns can contact the Customer Call Centre on 1300 054 555.
ANCAP’s one-star rating reflects the Fronx’s overall crash performance – particularly the performance of its structure and restraint systems – and was not a consequence of the separate seatbelt component failure.
ANCAP Chief Executive Officer Carla Hoorweg said the seatbelt component failure was rare and serious.
“What concerns us is that this particular vehicle could have been purchased by an ordinary consumer, and in an on-road crash this failure could have had serious consequences for the person sitting in the back seat,” Ms Hoorweg said.
“This is the third component failure revealed through independent safety testing in recent months.
“ANCAP encourages all manufacturers to bring their vehicles forward for testing ahead of market release as it allows the opportunity for issues to be identified and rectified before vehicles reach consumers and are driven on Australian and New Zealand roads.”
Next-generation AI-powered devices and experiences to be showcased at the company’s exclusive exhibition through January 7
Samsung Electronicstoday unveiled its “Companion to AI Living” vision at The First Look, its CES® 2026 event held in the Latour Ballroom at the Wynn Las Vegas. The focus of the event was on AI as Samsung’s philosophy, a foundation that connects the company’s R&D product development, operations and user experience.
TM Roh, CEO and Head of Samsung’s Device eXperience (DX) Division, opened The First Look by describing the company’s AI leadership and how due to its vast, AI-enabled, connected ecosystem, Samsung can provide users with a true AI companion experience in their daily life. This approach gives users a chance to access more than just the basics from their technology and instead, provides opportunities to find more meaningful moments everywhere.
“Samsung is building a more unified, more personal experience across mobile, visual display, home appliances and services,” said CEO TM Roh. “With our global connected ecosystem, and by embedding AI across categories, Samsung is leading the way to offer more meaningful everyday AI experiences.”
Entertainment Companion: Extending the Experience Beyond Simple Viewing
SW Yong, President and Head of the Visual Display (VD) Business at Samsung Electronics, and Sukhmani Mohta, Chief Marketing and Partnerships Officer, VD Business at Samsung Electronics America, took the stage to describe how Samsung’s displays are combining hardware excellence and visual intelligence to provide a true entertainment companion. Drawing from twenty years of leading the TV industry, Samsung has built a full AI TV lineup that provides an entirely new way for users to interact with their TV.
The center of the display lineup is the130-inch Micro RGB, which represents a monumental leap in scale and picture quality. The 130-inch Micro RGB marks a new era of color, featuring the widest and most detailed spectrum ever seen in Samsung TVs while its Timeless Frame design minimizes distractions and allows the picture to take center stage with understated elegance. A micro-sized RGB light source drives the unprecedented picture quality, with each microscopic red, green and blue diode shining independently to produce color in its purest, most natural form. Micro RGBAI EngineProenables precise control of RGB colors and creates overwhelmingly vivid picture quality in every scene.
Elevating this next-level viewing experience,Vision AI Companion (VAC)1uses AI technology to work alongside users as a full entertainment companion to enhance viewing, dining and mood, anywhere in the home. With it, users can receive guidance on what to watch, what to eat and what music to listen to, enhancing the overall TV experience in a way that extends far beyond simple viewing.
Samsung also offers intuitive modes to personalize the viewing experience. For soccer fans,AI Soccer ModePro delivers a more exciting gameday experience through AI-driven picture and sound tuning to stadium-level quality.AI Sound Controller Prolets you raise or lower the volume of the crowd, commentary, or background music, providing a personalized listening experience for TV shows and movies. Users can simply make verbal requests, and any TV equipped with VAC — which includesMicro LED,Micro RGB,OLED, Neo QLED, Mini LED and UHD TV— contextually carries out those requests.
Across different types of programming, VAC also boosts the overall lifestyle experience. It allows users to find recipes for meals they see on TV by simply asking and uses the most up-to-date information to make recommendations that align with health and fitness goals. VAC offers multi-device functionality, as well, sending recommended recipes directly to other devices like the newly-unveiledThe Movingstyle,designed to move easily throughout the home and kitchen appliances, for a multi-device experience achieved through complete ecosystem integration.
Samsung has led the global soundbar market for 11 consecutive years. This year, it is introducing two new WiFi speakers, the Music Studio 5 and 7, to further expand its integrated ecosystem. These models support a wider range of sound system combinations, enhance audiovisual quality and improve the aesthetics of any space. Each model shares a timeless, dot design concept by renowned designer Erwan Bouroullec, inspired by a universal symbol in music and art and grounded in Samsung’s signature design language.
Samsung also unveiled a host of new products that blend beautifully with users’ homes and aesthetics. The new, ultra-thinOLED S95Hfeatures a refined bezel that gives it art gallery elegance, and Samsung’s new portable projector,The Freestyle+, is powered by VAC and allows users to view content on walls and ceilings, as well as uneven surfaces like corners and curtains.
The 2026 TV lineup2supports HDR10+ ADVANCED, delivering enhanced brightness, genre-based optimization, intelligent motion smoothing, advanced local tone mapping and improved gaming experience.
As HDR10+ adoption grows among major OTT providers, Samsung will be the first to launch HDR10+ ADVANCED in its 2026 TV lineup. Samsung also features Eclipsa Audio, the company’s new spatial sound system, introduced across all 2026 TVs.
Samsung also unveiled its most advancedOdysseygaming monitor lineup yet, introducing five new models that push the boundaries of resolution, refresh rate and immersive visual performance. Led by Samsung’s first 6K 3D Odyssey G9, the 2026 lineup debuts world-first display technologies for gamers and creators, including the next-generation Odyssey G6 and three new Odyssey G8 models.
At the center of all these display innovations is the most powerfulTizen OSyet. Users can now enjoy seven years of Tizen OS upgrades, ensuring that TVs continue to evolve long after they have entered the home.
Home Companion: Connected Smart Appliances That Guide You Through Your Day
Cheolgi Kim, Executive Vice President and Head of Digital Appliances (DA) Division at Samsung Electronics, and Elizabeth Anderson, Head of Integrated Marketing, DA at Samsung Electronics America (SEA) outlined Samsung’s vision to evolve from providing home appliances to true home companions that work to eliminate the stress of daily chores. Cheolgi Kim also announced that as of December 2025,SmartThingsnow serves more than 430 million users, empowering Samsung with a significant scale and depth of insight that sets it apart from other brands.
This insight comes to life with theFamily Hub. The AI-enabled refrigerator is the centerpiece of the home and now, with an upgrade toAI Visionbuilt withGoogle Gemini,3it redefines living for an AI future. With this update, AI Vision unlocks existing limitations in recognizing food items, seamlessly tracking what is placed into and taken out of the refrigerator, making meal planning and food management simpler than ever. The Family Hub has won 10 CES Innovation Awards so far, and Samsung’s AI-enabled fridges have received the award for the past three years.
Through a gamified feature called“What’s for Today?”,select refrigerators provide recipe recommendations based on what is in the refrigerator or also random recommendations, reducing the stress caused by choosing what to cook. When selected, recipes show up through SmartThings Food, where users receive a step-by-step guide to help them get started instantly. The selected recipe can also be sent to connected cooking appliances to begin the process seamlessly.Video to Recipeadds even more simplicity, providing users with recommended cooking videos and converting those videos into easy-to-follow steps, allowing users to follow along while they cook without pausing the video or backtracking.
Samsung also unveiledFoodNote, a new, weekly report that recaps users’ food intake patterns, from most-used ingredients and recipe recommendations, and which items it’s time to restock. Additionally,Now Briefincludes more widgets on the Family Hub screen and withVoice ID, can distinguish between family members and display content relevant to each individual. Ultimately, these features come together to provide various helpful insights and information throughout the week.
In the laundry room, theBespoke AI Laundry Comboremoves the need to transfer loads of laundry, solving a major pain point for households. This year’s model comes with enhanced features, like a faster super speed cycle and enhanced drying performance. Moreover, Samsung’s newBespoke AI AirDresseris here to solve another common problem with your clothes. It featuresAuto Wrinkle Care, which blasts strong air and steam jets to smooth out shirts. All users have to do is hang their shirt and wait, reducing the burden in busy mornings.
Around the house, theBespoke AI Jet Bot Steam Ultra, powered by aQualcomm Dragonwing™ processor, features an Active Stereo 3D Sensor to recognize liquids like coffee, juice, or even transparent liquids like water. While its camera helps with navigation, it also allows the robot vacuum to serve as a monitoring device for when users are away from home, notifying them about their pets and whether there is any suspicious activity. Plus, with a smarterBixby, users can speak conversationally to their robot vacuum to carry out tasks with ease. For the deep level of connectivity and integration that forms the backbone of a holistic, AI-powered experience, Samsung’s Bespoke AI appliances have received a CES Innovation Award.
Additional benefits include a first-of-its-kind partnership with Hartford Steam Boiler (HSB) to help unlock real, meaningful savings to the smart home experience. HSB President and CEO Greg M. Barats joined the presentation to discuss the partnership, explaining the potential benefits of having smart appliances connected to SmartThings to reduce insurance premiums. This is the best of the AI era — increased protections and reduced costs for users. After a successful pilot run in the U.S. in 2025, the collaboration is expanding to more states across the U.S., as well as to leading home insurance carriers in other global regions.
Care Companion: Shifting From Reactive to Proactive Care
Finally, Praveen Raja, Vice President and Head of Digital Health at Samsung Research America (SRA), introduced Samsung’s long-term vision for intelligent care enabled by Samsung’s integrated device ecosystem, redefining care from a reactive need to a proactive opportunity. With AI, phones, appliances, wearables and other connected devices will help users prevent potential health concerns before they occur.
For example, Samsung aims to provide personalized health coaching, offering effective exercise and sleep coaching to help decrease risk for major chronic diseases and also suggesting appropriate recipes based on ingredients available in connected refrigerators. Additionally, if any abnormal signs or patterns are detected, it will alert users while allowing their health metrics to be shared with providers via the Xealth platform and facilitating virtual professional consultations.
Recognizing the importance of preventative health, Samsung is also expanding its capabilities in dementia detection through research partnerships, with wearable devices registering subtle changes to mobility, speech and engagement that can be indicative of long-term cognitive changes.
Samsung Knox and Knox Matrix serve as the foundation of this hyper-personalized ecosystem, safeguarding user data at every turn. As AI is constantly evolving, so are Knox and Knox Matrix. To maintain security despite constant changes, Samsung’s security systems are consistently identifying AI risks by advancing to protect data in AI training processes and approving models through red team analysis.
The Samsung Exhibition Zone at CES is available to the public Jan. 4-7. For more information, visit theSamsung Newsroom India.
As most Gulf markets have recently faced downturns due to weak oil prices and geopolitical uncertainties, investors are increasingly looking for resilient opportunities in the Middle East. In this environment, identifying stocks with strong fundamentals and potential for growth amidst economic diversification efforts can be key to building a robust portfolio.
Name
Debt To Equity
Revenue Growth
Earnings Growth
Health Rating
Mendelson Infrastructures & Industries
17.65%
4.48%
4.46%
★★★★★★
Y.D. More Investments
51.67%
27.49%
36.12%
★★★★★★
Sure Global Tech
NA
10.11%
15.42%
★★★★★★
Payton Industries
NA
3.44%
14.24%
★★★★★★
Terminal X Online
12.94%
13.43%
44.27%
★★★★★★
Analyst I.M.S. Investment Management Services
NA
31.20%
44.24%
★★★★★★
C. Mer Industries
76.92%
13.56%
68.93%
★★★★★☆
Amanat Holdings PJSC
10.86%
27.51%
-0.92%
★★★★★☆
Amir Marketing and Investments in Agriculture
32.43%
3.87%
6.98%
★★★★☆☆
Ajman Bank PJSC
53.89%
16.11%
18.02%
★★★★☆☆
Click here to see the full list of 185 stocks from our Middle Eastern Undiscovered Gems With Strong Fundamentals screener.
Let’s explore several standout options from the results in the screener.
Simply Wall St Value Rating: ★★★★☆☆
Overview: Afcon Holdings Ltd, with a market cap of ₪1.93 billion, develops and executes construction projects both in Israel and internationally.
Operations: Afcon Holdings generates revenue through segments including Systems, EPC and Construction (₪787.25 million), Control and Technologies (₪465.89 million), Multimedia and Communication (₪312.68 million), Trade (₪194.67 million), and Renewable Energies (₪1.29 million).
Afcon Holdings, with its price-to-earnings ratio at 25.6x, presents a value proposition below the industry average of 29.4x. Despite sales dipping to ILS 1.26 billion from ILS 1.34 billion over nine months compared to last year, net income rose significantly to ILS 57.5 million from ILS 36.84 million previously reported for the same period, reflecting robust earnings growth of 345%. However, its debt situation is notable; while the debt-to-equity ratio improved from 130% to around 114% in five years, it still holds a high net debt-to-equity ratio of approximately 88%.
TASE:AFHL Debt to Equity as at Jan 2026
Simply Wall St Value Rating: ★★★★★★
Overview: Cohen Development Gas & Oil Ltd. is involved in the exploration, development, production, and marketing of natural gas, condensate, and oil across Israel, Cyprus, and Morocco with a market capitalization of ₪1.40 billion.
Operations: Cohen Development Gas & Oil generates revenue primarily from the production and management of oil and gas exploration, amounting to $27.42 million.
Cohen Development Gas & Oil, a nimble player in the energy sector, showcases robust financial health with no debt over the past five years. The company outpaces its industry peers, boasting a 50.5% earnings growth compared to the sector’s -10%. Its price-to-earnings ratio of 14.3x is favorable against the IL market average of 16.4x, indicating potential value for investors. Recent private placements raised significant capital, with notable participation from Menora Mivtachim Holdings and others, enhancing liquidity and investor confidence. Despite a slight dip in quarterly net income to US$7.42 million from US$7.96 million last year, nine-month earnings surged to US$24.83 million from US$16.1 million previously.
TASE:CDEV Earnings and Revenue Growth as at Jan 2026
Simply Wall St Value Rating: ★★★★☆☆
Overview: Villar International Ltd., with a market cap of ₪3.07 billion, operates in the acquisition, development, and construction of real estate properties both in Israel and internationally through its subsidiaries.
Operations: The primary revenue streams for Villar International Ltd. include the rental of buildings, generating ₪262.54 million, and the provision of archival services at ₪93.19 million. The construction of buildings contributes an additional ₪67.46 million to their revenue profile.
Villar International, a smaller player in the real estate sector, has shown notable financial resilience. With a price-to-earnings ratio of 8.8x, it sits comfortably below the IL market average of 16.4x, suggesting potential value for investors. The company’s net debt to equity ratio stands at a satisfactory 12.1%, reflecting prudent financial management as debt levels have decreased from 33.6% to 19.3% over five years. Despite a one-off gain of ₪235M impacting recent results and net income slightly lower than last year at ₪44M for Q3, earnings growth outpaced industry peers by hitting an impressive 40%.
TASE:VILR Earnings and Revenue Growth as at Jan 2026
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include TASE:AFHL TASE:CDEV and TASE:VILR.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
NEW YORK (WABC) — There are new details on what Wegmans does with its biometric data of shoppers.
Signs at the Brooklyn and Manhattan stores say facial recognition, eye scans and voiceprints are kept to increase security.
When Wegmans originally launched a pilot program, management said any data of shoppers would be deleted.
Some customers complain the policy makes them feel uneasy.
Legislation in the City Council to block biometric storage has stalled for years.
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The introduction of Decree No. 310/2025/ND-CP by the Vietnamese government marks a significant overhaul of the administrative penalties for tax and invoice violations, effective from January 16, 2025.
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On December 2, 2025, the Government of Vietnam promulgated Decree No. 310/2025/ND-CP (“Decree 310”), which amends and supplements several provisions of Decree No. 125/2020/ND-CP on governing administrative penalties for tax and invoice violations. Effective from January 16, 2025, the new decree strengthens the legal framework for tax enforcement, clarifies sanctioning principles, introduces new compliance tools, and expands definitions of taxable administrative violations.
This article explains the key amendments under Decree 310, assesses their implications for businesses operating in Vietnam, and outlines the current tax enforcement landscape that enterprises must navigate in the coming year.
Expanded scope of administrative tax violations
A foundational change under Decree 310 is the expansion and clarification of the scope of administrative tax violations. The amended definition covers acts by organizations or individuals that breach tax administration laws, tax laws, or other revenue laws managed by tax authorities, but do not constitute criminal offenses. These acts include violations related to:
Land use fees;
Land and water surface rental fees;
Fees for the granting of mineral exploitation rights;
Fees for the granting of water resource exploitation rights;
Remaining after-tax profits after the allocation to funds of enterprises wholly owned by the State;
Dividends and distributed profits attributable to the State’s invested capital in joint-stock companies and limited liability companies with two or more members; and
Other revenues in accordance with the laws on the management and investment of State capital in enterprises.
This broader scope aims to consolidate the types of state budget revenues subject to tax compliance and bring a wider array of revenue streams under administrative penalty provisions, reinforcing the tax authority’s oversight role.
Explore vital economic, geographic, and regulatory insights for business investors, managers, or expats to navigate Vietnam’s business landscape. Our Online Business Guides offer explainer articles, news, useful tools, and videos from on-the-ground advisors who contribute to the Doing Business in Vietnam knowledge.
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Broader force majeure exemptions
Decree 310 also introduces explicit force majeure provisions for the first time in the context of tax and invoice penalties. Cases such as natural disasters, epidemics, fires, wars, strikes, riots, and other unforeseen events may now be considered for exemption from penalties if taxpayers show that they could not comply despite taking all possible preventive measures.
This change aligns administrative penalty practice with force majeure principles found in other areas of Vietnamese law and modern regulatory frameworks.
New sanctioned subjects and third-party liability
Traditionally, tax administration penalties focused directly on the taxpayer responsible for the tax declaration and payment. Under Decree 310, this is expanded to include third parties acting on behalf of taxpayers:
Authorized agents who perform tax obligations on behalf of a taxpayer will be held directly responsible for violations committed in the course of that authority.
Organizations or individuals legally obligated to register, declare, or pay tax on behalf of others are subject to sanctions if they commit violations.
This shift recognizes the practical realities of outsourcing tax compliance and places a greater onus on appointed representatives to observe proper tax and invoicing practices.
Notably, Decree 310 also clarifies the entities subject to administrative penalties in connection with the implementation of the Global Minimum Tax under the global anti–base erosion (GloBE) rules. These include:
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Constituent entities that are required to register for tax, file tax returns, and pay supplementary corporate income tax; and
Constituent entities designated by the Group to submit notifications identifying the constituent entity responsible for tax declaration and the list of constituent entities subject to Resolution No. 107/2023/QH15.
Where these entities commit administrative violations as prescribed in the Decree, they shall be subject to penalties in accordance with its provisions.
Revised penalties for invoice and documentation violations
Decree 310 introduces tiered, detailed penalty structures for invoice-related violations that were previously less granular.
Under the new regime, penalties for issuing invoices at the incorrect time or failing to issue an invoice will be determined based on the number of invoices involved and whether they relate to sales or internal uses such as promotions, gifts, or employee remuneration. Fines vary from warnings and small penalties for minor violations to a lump sum of up to VND 80 million (US$3,000), based on the nature and extent of the breach.
Decree 310 also amends penalties for destroying invoices beyond prescribed time limits, failing to destroy invoices as required, and violations related to the provision of e-invoice services and systems, further tightening compliance expectations around invoice management.
Penalties for Issuing Invoices at the Incorrect Time
02–<10 invoices (same cases) or 01 invoice for sale of goods/services
1,000,000 – 2,000,000
US$38 – US$76
10–<50 invoices (same cases) or 02–<10 invoices for sale of goods/services
2,000,000 – 10,000,000
US$76 – US$380
50–<100 invoices (same cases) or 10–<20 invoices for sale of goods/services
10,000,000 – 30,000,000
US$380 – US$1,141
≥100 invoices (same cases) or 20–<50 invoices for sale of goods/services
30,000,000 – 50,000,000
US$1,141 – US$1,901
≥50 invoices for sale of goods/services
60,000,000 – 80,000,000
US$2,282 – US$3,042
Procedural changes: single penalty rule and enforcement authorities
Another significant amendment under Decree 310 concerns how repeated violations of the same type are treated administratively.
Rather than penalizing each individual act separately, the decree introduces a principle of a single penalty for behaviors such as issuing invoices at the incorrect time or failing to issue invoices, where multiple violations of the same nature may occur within the statute of limitations. The fine applied will reflect the number of invoices involved rather than each discrete act.
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This change reduces the administrative burden of multi-count penalties and introduces a degree of predictability for businesses in managing compliance exposures.
The decree also strengthens the authority of tax officials and hierarchical enforcement powers. Tax officers on duty, heads of grassroots tax agencies, and directors of provincial tax offices are granted explicit powers to impose warnings and monetary fines, up to specified limits, for defined categories of violations.
Implications for compliance and internal controls
For businesses operating in Vietnam, the amendments under Decree 310 strengthen the need for robust tax and invoice compliance systems. Key implications include:
Enhanced internal review mechanisms to ensure that all invoicing and tax declaration activities are timely, accurate, and aligned with legal requirements.
Contractual safeguards with third-party tax agents, reflecting the new liability framework.
Documentation and record-keeping, particularly where exemptions may be claimed due to force majeure events or other mitigating circumstances.
Revised compliance thresholds, including tiered fine structures for invoice-related violations, raising the stakes for systematic errors.
Companies should consider updating internal compliance manuals, training staff on new penalty thresholds and enforcement procedures, and investing in technology solutions for automated invoice reporting and tax filings to avoid amplified penalties.
The evolving tax enforcement landscape in Vietnam
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Decree 310 is introduced as Vietnam’s tax administration increasingly emphasizes digitalization, transparency, and alignment with international standards. Mandatory e-invoicing systems, electronic tax filing, and improved data-sharing capabilities are all strengthening compliance efforts, raising the risk of penalties where controls are weak or outdated.
Vietnam’s tax authorities have also pursued broader reforms in tax dispute resolution, competition law, and cross-border information exchange, signaling a comprehensive approach to modernizing the business tax framework.
While this progress offers long-term benefits in terms of clarity and predictability, the short-term impact is an increased administrative burden on businesses to align operations with evolving regulatory standards.
Outlook and next steps for businesses
As Decree 310 takes effect from January 16, 2026, companies should prioritize compliance readiness. Transitional provisions allow the continued application of previous decree rules to violations that occurred before the effective date, but to violations discovered after, the new rules will apply. Businesses with outstanding tax and invoice issues should assess whether legacy practices need remediation under the updated framework.
For international investors and domestic enterprises alike, understanding these changes is essential to maintain tax compliance, manage risk, and support sustainable growth within Vietnam’s increasingly digitalized regulatory landscape.
See also: Vietnam’s Tax and Accounting Updates for Businesses in 2026
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Pakistan Telecommunication Company Ltd (PTCL) has finally closed its long-anticipated purchase of Telenor Pakistan – a transaction that has been years in the making and, in many ways, a referendum on whether Pakistan’s telecoms market can move from destructive price wars to something closer to “pricing power”.
In a filing with the Pakistan Stock Exchange, PTCL said it has completed the acquisition of 100% shareholding of Telenor Pakistan (Pvt) Ltd and Orion Towers (Pvt) Ltd on 31 December 2025, with shares transferred into PTCL’s name. The deal was first announced in December 2023, and has created a combined operator that is a much stronger No. 2 in the market.
The purchase has never been framed as a bargain-basement tuck-in. The agreed purchase price to acquire Telenor Pakistan on an enterprise value of Rs108 billion, on a cash-free, debt-free basis. And PTCL arranged up to $400 million of financing with an IFC-led consortium (including the Silk Road Fund and British International Investment), a seven-year facility with quarterly repayments.
That arithmetic dictates the core question for investors: what has to happen for PTCL to earn an adequate return on a heavily leveraged, politically sensitive, regulator-scrutinised telecoms consolidation?
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Entertainment Companion: Extending the Experience Beyond Simple Viewing
SW Yong, President and Head of the Visual Display (VD) Business at Samsung Electronics, and Sukhmani Mohta, Chief Marketing and Partnerships Officer, VD Business at Samsung Electronics America took the stage to describe how Samsung’s displays are combining hardware excellence and visual intelligence to provide a true entertainment companion. Drawing from twenty years of leading the TV industry, Samsung has built a full AI TV lineup that provides an entirely new way for users to interact with their TV.
The center of the display lineup is the 130-inch Micro RGB, which represents a monumental leap in scale and picture quality. The 130-inch Micro RGB marks a new era of color, featuring the widest and most detailed spectrum ever seen in Samsung TVs while its Timeless Frame design minimizes distractions and allows the picture to take center stage with understated elegance. A micro-sized RGB light source drives the unprecedented picture quality, with each microscopic red, green, and blue diode shining independently to produce color in its purest, most natural form. Micro RGBAI EnginePro enables precise control of RGB colors and creates overwhelmingly vivid picture quality in every scene.
Elevating this next-level viewing experience, Vision AI Companion (VAC)1 uses AI technology to work alongside users as a full entertainment companion to enhance viewing, dining, and mood, anywhere in the home. With it, users can receive guidance on what to watch, what to eat, and what music to listen to, enhancing the overall TV experience in a way that extends far beyond simple viewing.
Samsung also offers intuitive modes to personalize the viewing experience. For soccer fans, AI Soccer Mode Pro delivers a more exciting gameday experience through AI-driven picture and sound tuning to stadium-level quality. AI Sound Controller Pro lets you raise or lower the volume of the crowd, commentary, or background music, providing a personalized listening experience for TV shows and movies. Users can simply make verbal requests, and any TV equipped with VAC – which includes Micro LED, Micro RGB,OLED, Neo QLED, Mini LED and UHD TV – contextually carries out those requests.
Across different types of programming, VAC also boosts the overall lifestyle experience. It allows users to find recipes for meals they see on TV by simply asking and uses the most up-to-date information to make recommendations that align with health and fitness goals. VAC offers multi-device functionality, as well, sending recommended recipes directly to other devices like the newly-unveiled The Movingstyle, designed to move easily throughout the home and kitchen appliances, for a multi-device experience achieved through complete ecosystem integration.
Samsung has led the global soundbar market for 11 consecutive years. This year, it is introducing two new WiFi speakers, the Music Studio 5 and 7, to further expand its integrated ecosystem. These models support a wider range of sound system combinations, enhance audiovisual quality, and improve the aesthetics of any space. Each model shares a timeless, dot design concept by renowned designer Erwan Bouroullec, inspired by a universal symbol in music and art and grounded in Samsung’s signature design language.
Samsung also unveiled a host of new products that blend beautifully with users’ homes and aesthetics. The new, ultra-thin OLED S95H features a refined bezel that gives it art gallery elegance, and Samsung’s new portable projector, The Freestyle+, is powered by VAC and allows users to view content on walls and ceilings, as well as uneven surfaces like corners and curtains.
The 2026 TV lineup2 supports HDR10+ ADVANCED, delivering enhanced brightness, genre-based optimization, intelligent motion smoothing, advanced local tone mapping, and improved gaming experience.
As HDR10+ adoption grows among major OTT providers, Samsung will be the first to launch HDR10+ ADVANCED in its 2026 TV lineup. Samsung also features Eclipsa Audio, the company’s new spatial sound system, introduced across all 2026 TVs.
Samsung also unveiled its most advanced Odyssey gaming monitor lineup yet, introducing five new models that push the boundaries of resolution, refresh rate, and immersive visual performance. Led by Samsung’s first 6K 3D Odyssey G9, the 2026 lineup debuts world-first display technologies for gamers and creators, including the next-generation Odyssey G6 and three new Odyssey G8 models.
At the center of all these display innovations is the most powerful Tizen OS yet. Users can now enjoy seven years of Tizen OS upgrades, ensuring that TVs continue to evolve long after they have entered the home.
Home Companion: Connected Smart Appliances That Guide You Through Your Day
Cheolgi Kim, Executive Vice President and Head of Digital Appliances (DA) Division at Samsung Electronics, and Elizabeth Anderson, Head of Integrated Marketing, DA at Samsung Electronics America (SEA) outlined Samsung’s vision to evolve from providing home appliances to true home companions that work to eliminate the stress of daily chores. Cheolgi Kim also announced that as of December 2025, SmartThings now serves more than 430 million users, empowering Samsung with a significant scale and depth of insight that sets it apart from other brands.
This insight comes to life with the Family Hub. The AI-enabled refrigerator is the centerpiece of the home and now, with an upgrade to AI Vision built with Google Gemini3, it redefines living for an AI future. With this update, AI Vision unlocks existing limitations in recognizing food items, seamlessly tracking what is placed into and taken out of the refrigerator, making meal planning and food management simpler than ever4. The Family Hub has won 10 CES Innovation Awards so far, and Samsung’s AI-enabled fridges have received the award for the past three years.
Through a gamified feature called “What’s for Today?”5, select refrigerators provide recipe recommendations based on what is in the refrigerator or also random recommendations, reducing the stress caused by choosing what to cook. When selected, recipes show up through SmartThings Food, where users receive a step-by-step guide to help them get started instantly. The selected recipe can also be sent to connected cooking appliances to begin the process seamlessly. Video to Recipe adds even more simplicity, providing users with recommended cooking videos and converting those videos into easy-to-follow steps, allowing users to follow along while they cook without pausing the video or backtracking.
Samsung also unveiled FoodNote, a new, weekly report that recaps users’ food intake patterns, from most-used ingredients and recipe recommendations, and which items it’s time to restock. Additionally, Now Brief6 includes more widgets on the Family Hub screen and with Voice ID7, can distinguish between family members and display content relevant to each individual. Ultimately, these features come together to provide various helpful insights and information throughout the week.
In the laundry room, the Bespoke AI Laundry Combo removes the need to transfer loads of laundry, solving a major pain point for households. This year’s model comes with enhanced features, like a faster super speed cycle and enhanced drying performance. Moreover, Samsung’s new Bespoke AI AirDresser is here to solve another common problem with your clothes. It features Auto Wrinkle Care, which blasts strong air and steam jets to smooth out shirts. All users have to do is hang their shirt and wait, reducing the burden in busy mornings.
Around the house, the Bespoke AI Jet Bot Steam Ultra, powered by a Qualcomm Dragonwing™ processor, features an Active Stereo 3D Sensor to recognize liquids8 like coffee, juice, or even transparent liquids like water. While its camera helps with navigation, it also allows the robot vacuum to serve as a monitoring device for when users are away from home, notifying them about their pets and whether there is any suspicious activity9. Plus, with a smarter Bixby10, users can speak conversationally to their robot vacuum to carry out tasks with ease. For the deep level of connectivity and integration that forms the backbone of a holistic, AI-powered experience, Samsung’s Bespoke AI appliances have received a CES Innovation Award.
Additional benefits include a first-of-its-kind partnership with Hartford Steam Boiler (HSB) to help unlock real, meaningful savings to the smart home experience. HSB President and CEO Greg M. Barats joined the presentation to discuss the partnership, explaining the potential benefits of having smart appliances connected to SmartThings to reduce insurance premiums. This is the best of the AI era – increased protections and reduced costs for users. After a successful pilot run in the U.S. in 2025, the collaboration is expanding to more states across the U.S., as well as to leading home insurance carriers in other global regions.
Care Companion: Shifting From Reactive to Proactive Care
Finally, Praveen Raja, Vice President and Head of Digital Health at Samsung Research America (SRA), introduced Samsung’s long-term vision for intelligent care enabled by Samsung’s integrated device ecosystem, redefining care as a reactive need to a proactive opportunity. With AI, phones, appliances, wearables, and other connected devices will help users prevent potential health concerns before they occur.
For example, Samsung aims to provide personalized health coaching, offering effective exercise and sleep coaching to help decrease risk for major chronic diseases and also suggesting appropriate recipes based on ingredients available in connected refrigerators. Additionally, if any abnormal signs or patterns are detected, it will alert users while allowing their health metrics to be shared with providers via the Xealth platform and to facilitating virtual professional consultations.
Recognizing the importance of preventative health, Samsung is also expanding its capabilities in dementia detection through research partnerships, with wearable devices registering subtle changes to mobility, speech and engagement that can be indicative of long-term cognitive changes.
Samsung Knox and Knox Matrix serve as the foundation of this hyper-personalized ecosystem, safeguarding user data at every turn. As AI is constantly evolving, so are Knox and Knox Matrix. To maintain security despite constant changes, Samsung’s security systems are consistently identifying AI risks by advancing to protect data in AI training processes and approving models through red team analysis.
The Samsung Exhibition Zone at CES is available to the public Jan. 4-7. For more information, visit the Samsung Newsroom.
1 Feature available in certain regions and models. Availability and supported features may vary by region and watching conditions. Voice commands recognize English, French, Spanish, Portuguese, German, Italian, and Korean, but not all accents, dialects, and expressions are recognized. This feature provides AI-created content, with accuracy not guaranteed, so results should be confirmed. Requires a specific Bluetooth remote (TM2660H/TM2661H) (sold separately on some models). In-box remote for some models (M70H/U800H) does not support voice recognition. Requires either a Mobile Quick Remote or separately purchased Bluetooth remote. Feature accessible with the AI button or the Home button (via long press) on remote controls without an AI button.
2 HDR10+ ADVANCED will be available on the following models: QN990H, R95H, S95H, S90H, R90H, S85H, LS03HW, LS03H, and QN80H.
3 Google Gemini is provided by Google LLC. Service availability, supported functions, and accuracy may vary by country, language, device model, and OS/One UI version. Users must be 18 or older. Some functions may require additional app settings, and features or results may vary by subscription.
4 AI Vision refers to the refrigerator’s internal camera and AI-based processing that helps recognize food items. A Wi-Fi connection and a Samsung account are required. If a food item is not recognizable, it may be listed as an unknown item. AI Vision cannot identify or list any food items in the freezer. Recognition uses AI models that may be updated periodically to help improve performance. The user may need to manually check and adjust the list to ensure its accuracy.
A red light turns on when the camera is operating. The user’s appearance may be captured, but areas other than the food item are automatically blurred.
5 A Wi-Fi connection and a Samsung account are required
6 A Wi-Fi connection and a Samsung, Google, or Microsoft account may be required. You must use the same log-in account on each of the devices. Availability of certain apps may vary by country, region, service provider, network environment, or device, and may change without notice.
7 Each user must register for a Samsung Account on screen appliances in advance. Up to six accounts can be registered on a single device. To use Voice ID, users must have agreed to the Bixby terms and conditions. Voice ID registration is available on select appliances, TVs and mobiles, and only one voice can be registered per account.
8 A liquid spill is defined as a colored or transparent liquid, such as water or juice, having a size of 7cm x 7cm (15 ml in volume) or larger. Identification may be affected by the size of the liquid or the environmental conditions of the floor, such as the floor pattern, color of the floor, direct or reflected light, or shape of the liquid. Excessive amount of liquid on the floor may cause secondary contamination.
9 Must download the SmartThings app available on Android and iOS devices. A Wi-Fi connection and a Samsung account are required. Only cats and dogs can be recognized. The recognition capabilities may be limited by the posture or position of a pet. The ability to recognize your pet may vary depending on the type of animal and the living environment. It only recognizes a pet presence based on generic visual indicators, and cannot identify individual pets. Each appliance needs to be set to be optimized for pets by the SmartThings App.
10 Bixby is Samsung’s brand of Internet of Things (IoT) voice assistant. Bixby service availability may vary depending on the country. Bixby recognizes selected languages and certain accents/dialects, including Korean, English (US/GB/IN), Spanish (MX/ES), German, French, Italian, and Portuguese (BR). The user interface may change and differ by device. The availability of Bixby features and content providers may vary depending on the country/carrier/language/device model/OS version. A Samsung account log-in and data network connection (Wi-Fi or data network) are required.
FRESNO, Calif. (KFSN) — Fresno’s first sober bar is now accepting reservations for those participating in Dry January.
Lumiere is located inside Sun Stereo Warehouse on Fulton Street.
The non-alcoholic bar not only serves mocktails but also specialty drinks with adaptogens and mood-enhancing ingredients.
These beverages have zero sugar and use vitamins to give people a natural buzz without booze.
The bar’s owner, Joy Alvarado, says they want to offer a sober social scene, “Yes, you can go to a bar and order a mocktail, but you are in a setting where everyone is drinking, but you are essentially in the same playing field in this atmosphere.”
If you are interested in stopping by, you can make a reservation online at lumieresoberbar.com.