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G-DRAGON and the Concert-Cation Fever Ignite Hanoi, As Vietnam Shines on the Global Music Festival Map

Asia Pacific

G-DRAGON and the Concert-Cation Fever Ignite Hanoi, As Vietnam Shines on the Global Music Festival Map
Asia Pacific

Asia Pacific

G-DRAGON and the Concert-Cation Fever Ignite Hanoi, As Vietnam Shines on the Global Music Festival Map

2025-10-10 19:00 Last Updated At:19:12

HANOI, VIETNAM - Media OutReach Newswire - 10 October 2025 - This November, Hanoi is set to become more than just a destination for Vietnamese music fans. The city will turn into the emotional center of Asia as K-pop's "King" G-DRAGON brings his 2025 WORLD TOUR [Übermensch] to 8Wonder Ocean City. The event marks a new milestone for Vietnam on the global concert scene and signals the start of a new era for the country's entertainment industry, led by Vingroup.

G-DRAGON and the Concert-Cation Fever Ignite Hanoi, As Vietnam Shines on the Global Music Festival Map

G-DRAGON and the Concert-Cation Fever Ignite Hanoi, As Vietnam Shines on the Global Music Festival Map

The Unstoppable Appeal of the "K-pop King"

Within just three days of ticket sales opening for the November 8 show, every ticket category sold out. The "G-DRAGON ticket fever" quickly became a social media storm across Asia, not just in Vietnam. Keywords such as "G-DRAGON 2025 WORLD TOUR [Übermensch]", "Hanoi", "8Wonder", and "Ocean City" have been trending in Thailand, the Philippines, and South Korea. Fans are sharing their "ticket hunt victories," planning flights to Hanoi, and booking hotels near 8Wonder Ocean City, which is fast becoming a favorite destination for the rising "concert-cation" trend, combining live music with travel and exploration.

The excitement shows how far fans are willing to go to experience their idol live and immerse themselves in the fusion of music and travel. The G-DRAGON 2025 WORLD TOUR [Übermensch] at 8Wonder Ocean City promises more than a concert. It offers a full vacation experience, from high-energy performances to strolls through Hanoi's Old Quarter, evenings by Hoan Kiem Lake, and relaxing moments over a cup of egg coffee in the capital's heart.

Known as the "King of K-pop," G-DRAGON has helped shape the global Hallyu wave with his constant innovation in music, fashion, and performance art. His influence extends far beyond entertainment, becoming a symbol of both artistic creativity and commercial success. Earlier this year, 60,000 tickets for his Seoul concert at Goyang Stadium sold out within hours, breaking revenue records and drawing international attention. In Singapore, his show during the F1 Grand Prix attracted 65,000 fans, setting a new attendance record for the event.

The excitement surrounding his Hanoi concert is also driving momentum in the city's tourism and hospitality industries. Global data shows that major tours, such as Taylor Swift's in Europe, can boost hotel revenues by up to 90 percent. Vietnam's capital is expecting a similar boost from the "G-DRAGON effect," positioning entertainment and tourism as the next growth drivers. This builds on the fact that during the first eight months of 2025, Vietnam welcomed nearly 14 million international visitors, a 22 percent increase compared to the same period last year. A recent ASEAN survey found that 63 percent of respondents chose Vietnam as one of their most desired travel destinations.

The G-DRAGON concert is expected to attract hundreds of thousands of fans, including many international visitors. This event is more than a major moment for the entertainment industry. It is also a strong testament to Hanoi's growing appeal and Vietnam's new position on Asia's "concert-cation" map.

Vietnam Rising: A New Era of Integration and Innovation

Vietnam's inclusion in the G-DRAGON 2025 WORLD TOUR [Übermensch] is no coincidence. It is the result of the consistent efforts of 8Wonder, one of Vietnam's few internationally recognized music festival brands. In just three years, 8Wonder has established its world-class reputation by meeting the demanding standards of global superstars such as Charlie Puth, Maroon 5, Imagine Dragons, J Balvin, and DJ Snake. From stage design and sound quality to audience experience, each edition has raised the bar and turned Vietnam into a true global celebration where music, travel, and emotion come together.

The success of G-DRAGON 2025 WORLD TOUR [Übermensch] goes far beyond record ticket sales. It represents Vietnam's growing presence on the global entertainment map.

This year's show will take place at 8Wonder Ocean City – Vinhomes Ocean Park 3, a 300-hectare complex often described as a lively "seaside city" within Hanoi. The venue offers everything visitors could want, from a saltwater lagoon and white sandy beaches to the vibrant Grand World commercial boulevard, stylish cafés, luxury hotels, and lively entertainment areas. After an unforgettable night of music, concertgoers can continue to enjoy the energy of the event without having to travel far.

The G-DRAGON 2025 WORLD TOUR [Übermensch] at 8Wonder Ocean City is not just one of the biggest music events of the year. It also marks a new chapter in Vietnam's journey toward confidence, creativity, and global recognition in the live entertainment world. Thanks to the professional organization of 8Wonder, Vietnam is now officially part of the world tour circuit of major music legends and is ready to set new records in the years ahead.

Beyond its numbers, the concert sends a powerful message about a young, dynamic, and inspiring Vietnam. Hanoi is no longer just a destination for local fans. It is becoming a must-visit city for international audiences seeking memorable music experiences in Asia.

Most importantly, the event reaffirms Vingroup's pioneering role in making Vietnam a new destination for music lovers across the region. With strong investments in infrastructure and world-class standards, Vingroup continues to promote Vietnam's image through global brands. From the mega-urban Ocean City complex to the award-winning Vinpearl resort chain, every project reflects a vision of a modern, creative Vietnam that is open to the future.

With long-term vision and consistent investment, every Vingroup event, especially 8Wonder, goes beyond world-class entertainment. Each one becomes a cultural milestone that brings Vietnam closer to the international community, showcasing a vibrant, energetic, and globally connected nation that is ready to take its place on the world stage.

VinWonders.com
Hashtag: #G-DRAGON #8Wonder

The issuer is solely responsible for the content of this announcement.

** The press release content is from Media OutReach Newswire. Bastille Post is not involved in its creation. **

Revenue Up 35.4% Year-on-Year API Token Call Volume Surges Nearly 6 Times

HONG KONG SAR - Media OutReach Newswire - 22 May 2026 - Phancy Group Co., Ltd. ("Phancy" or "The Company", stock code: 6682.HK), a leading general artificial intelligence company, today announced its unaudited consolidated results for the first quarter ended 31 March 2026.

During the period, Phancy achieved revenue of approximately RMB1.458 billion, representing a 35.4% year-on-year increase. Gross profit margin remained at 35.1%. Phancy leveraged its deep expertise in full-stack AI cloud services, to capitalize on the accelerating adoption of localized computing power and strong enterprise demand for AI solutions. The Company achieved robust growth in its core businesses, accelerated product innovation, and secured several major partnerships, sustaining strong operational momentum.

2026 First Quarter Business Highlights:

Unified Enterprise AI Platform Drives Explosive Core Business Growth

Global computing resources remain constrained, while demand for both private enterprise AI deployments and API-based model calls continues to grow rapidly. Phancy's enterprise-grade AI platform is built on a unified core architecture that seamlessly supports both API calling scenarios and dedicated private deployments. This significantly boosts AI application efficiency and resource utilization. Supported by a mature computing power supply chain developed over many years, Phancy's deployable computing power resources have increased by over 200%. This enables the Company to effectively meet surging Token demand and consistently deliver stable, high-quality AI services to its customers.

In the first quarter of 2026, API Token call volume surged nearly 6 times compared to the same period in 2025, and already accounted for nearly 40% of the full-year 2025 total. Meanwhile, the Agentic AI business expanded rapidly, with deepening commercial adoption. Orders on hand grew nearly 100% compared to the end of 2025, emerging as a major growth driver for the Company.

AI Technology Iteration Accelerates, Commercialization Beats Expectations

Building on its continued push into digital employee applications and AI empowerment across business units, Phancy has significantly shortened the product development cycle from R&D to commercialization, enhancing overall operational efficiency and customer satisfaction.

As of mid-May 2026, ModelHub XC has completed adaptation and optimization for over 70,000 AI models on domestic chips, achieving more than 70% of its full-year target - well ahead of schedule.

In May, Phancy launched PhanthyMovie, a professional-grade AI video generation platform designed to enhance creativity, control, and stability in video production, enabling standardized and large-scale content creation for the industry.

Leveraging its advanced technology and proven execution capabilities, PhanthyMovie achieved rapid commercial traction. Just days after launch, the Company entered into a strategic cooperation agreement with Huanxi Media, covering approximately US$200 million in AI Token usage. The two parties will also collaborate on the development of a next-generation AI-powered film and television content production platform, further strengthening Phancy's position in the AI-driven cultural and creative sector.

Core Products Align Closely with Policy Trends, Strengthening Compute-Model Integration

Since May 2026, China's AI sector has seen a series of positive policy developments focused on computing infrastructure, data element circulation, and open-source compliance governance. Phancy's core products, including HAMi vGPU and ModelHub XC, are well-aligned with national policy directions and mainstream industry trends.

In terms of computing resource allocation, policies emphasize cross-regional collaboration and broader access to computing power. Phancy's HAMi vGPU offers unified scheduling and fine-grained resource partitioning, effectively improving utilization rates, optimizing data center energy efficiency, and supporting unified management across multiple chips to boost single-card efficiency.

In data and model governance, the government continues to promote high-quality dataset development and compliance management. ModelHub XC supports multi-model adaptation and optimization, incorporates data traceability and security certification features to help enterprises reduce compliance risks, and uses the EngineX engine for batch adaptation of domestic chips and models. This significantly improves compatibility while enhancing Token output efficiency through targeted model tuning.

Through deep integration of its computing and model layers, Phancy has built a comprehensive "Compute–Model" integrated solution. This addresses key industry needs such as efficient computing utilization, secure data supply, enterprise compliance, and domestic substitution, while strengthening its technological moat. The Company is well positioned to capture policy dividends and industry opportunities, supporting enterprises in their digital and intelligent transformation.

Hashtag: #PhancyGroup

The issuer is solely responsible for the content of this announcement.

About Phancy Group

Phancy Group (6682.HK) is a leading full-stack AI cloud services platform, providing comprehensive solutions for the AI 2.0 era. Our offerings include SageAIOS, HAMi vGPU and ModelHub XC, delivering efficient and scalable AI infrastructure with end-to-end capabilities. We provide a complete solution from heterogeneous compute resource management and optimization to the deployment of intelligent agent models. These solutions empower digital transformation across a wide range of industries, supporting our vision of building a large-scale and efficient "Token Factory."

Guided by the mission of "AI for Everyone" and positioned as the "Navigator of AI," Phancy Group is committed to becoming a global leader in Artificial General Intelligence.

** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **

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