ASEAN BUSINESS NEWS

Business news to help you keep track of the latest developments and identify new opportunities across key sectors in Southeast Asia

 

Monthly Business News to Help You Understand the Market

Sunway XFarms will Launch the Largest Indoor Vertical Farm in Kuala Lumpur

Sunway XFarms will Launch the Largest Indoor Vertical Farm in Kuala Lumpur

The largest indoor vertical farm in Kuala Lumpur will be unveiled in the third quarter of 2022 by Sunway XFarms, a Malaysia-based agritech firm and subsidiary unit of Sunway ...
US Cybersecurity Firm Fortinet Expands and Increases Investment in Malaysia

US Cybersecurity Firm Fortinet Expands and Increases Investment in Malaysia

Fortinet, the global integrated and automated cybersecurity solution provider from the United States is growing its presence and investment in Malaysia. The company has ...
Global Medical Device Companies Choose Malaysia for Over USD 300 Million Investment

Global Medical Device Companies Choose Malaysia for Over USD 300 Million Investment

As part of Malaysia's investment promotion goal to attract premium and high-tech medical device product manufacturers, the country has successfully secured large investments ...
Vietnam to Collaborate with Belgium on Green Energy and Port Development

Vietnam to Collaborate with Belgium on Green Energy and Port Development

The Belgian Vietnamese Alliance (BVA) and the Flanders International Technical Agency (FITA) recently held a workshop in Brussels highlining Vietnam’s potential in renewable ...
Vietnam to Anticipate Various Environmental Initiatives in Upcoming Months

Vietnam to Anticipate Various Environmental Initiatives in Upcoming Months

According to the Australian Embassy in Vietnam, a Plastics Innovation Hub was launched on June 23, to reduce waste in Vietnam through key stakeholder collaborations in ...
Malaysia Registers Fastest Growth in 28 Years as Total Trade Exceeds USD 495 Billion

Malaysia Registers Fastest Growth in 28 Years as Total Trade Exceeds USD 495 Billion

The Department of Statistics Malaysia (DOSM) announced that Malaysia’s trade value reached a new milestone in 2021 as it surpassed MYR 2.2 trillion (USD 495 billion), the ...
Vietnam to Draw More Investments from The Republic of Korea

Vietnam to Draw More Investments from The Republic of Korea

The Republic of Korea (RoK) has been one of the top FDI source countries in Vietnam since 2020, according to the Ministry of Planning and Investment. In the first five months ...
Hospitals in Ho Chi Minh City to Manage Organ Donation and Transplant Using Technology

Hospitals in Ho Chi Minh City to Manage Organ Donation and Transplant Using Technology

On June 23rd, 2022, many hospitals in Vietnam introduced the country’s first-ever software for organ donation, management, allocation, and transplantation. The software ...
ACV To Sign a Sister Airport Agreement With Società Esercizi Aeroportuali

ACV To Sign a Sister Airport Agreement With Società Esercizi Aeroportuali

To encourage future development, the Società Esercizi Aeroportuali (SEA) of Italy and the Airports Corporation of Vietnam (ACV) have signed a sister airport agreement. This ...
Mom and Baby Products Market See a Bright Future in Vietnam

Mom and Baby Products Market See a Bright Future in Vietnam

The retail market for mothers' and babies' items is rising in Vietnam due to the rising awareness of health issues in the country, especially among vulnerable populations ...
Beer Made from Recycled Sewage Water Wins Approval in Singapore

Beer Made from Recycled Sewage Water Wins Approval in Singapore

Two months after it became available in supermarkets in Singapore, the 'NEWBrew' beer appears to have been well received by most consumers who have sampled it. First revealed ...
DFNN to Work Together with Nautilus in Developing Philippines’ First ‘Green Data Center’ in Bataan

DFNN to Work Together with Nautilus in Developing Philippines’ First ‘Green Data Center’ in Bataan

DFNN, Inc. signed an MOU with Nautilus Data Technologies (Nautilus) to collaborate and jointly assist each other in projects involving the development of a data center in the ...

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