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

Vietnam Launches ICT Reference Framework for Smart Cities

The Vietnamese Ministry of Information and Communications launched version 1.0 of an ICT reference framework for the development of smart cities in June 2019. The reference ...

Vietnam Airlines to Build Aviation Logistics Center in Can Tho

Vietnam Airlines is planning to build an aviation logistics center in the southern city of Can Tho on 27 hectares of land. The center will be located next to Can Tho ...

USD 162 Million Port Complex Approved for Quang Ngai Province

Hoa Phat multipurpose port company has received approval from the Dung Quat Economic Zone (EZ) and Quang Ngai Industrial Parks (IPs) Authority to construct a large port ...

Two New Solar Power Plants Operational in Tay Ninh Province

TTC Group and Gulf Energy Group (Thailand) inaugurated two solar power plants in Thanh Thanh Cong Industrial Zone in Trang Bang district, Tay Ninh province, Vietnam. Spread ...

Nine Consumer Goods and Packaging Companies Form Recycling Foundation in Vietnam

On 21 June, nine companies operating in the consumer goods and packaging industries in Vietnam came together to launch the coalition Packaging Recycling Organization ...

Nielsen Reports Positive FMCG Sales Growth in Vietnam

According to a recent Nielsen study named “What’s Next for South-East Asia”, Southeast Asian convenience stores recorded an 8.3% FMCG sales growth last year, with Vietnam ...

New Initiative to Address Rising Incidence of Non-Communicable Diseases in Vietnam

The Medical Services Administration (MSA) under the health ministry of Vietnam and the French pharmaceutical company Servier Vietnam signed an agreement on 18 June to ...

Amended Law to Facilitate Taxation of E-Commerce Activities in Vietnam

An amended law for improving taxation on e-commerce activities in Vietnam passed on June 13 will come into effect on July 1, 2020. Successful implementation would require ...

Thailand Launches Net Metering Scheme for Residential PV

In May 2019 Thai metropolitan and provincial electricity authorities commenced a net metering scheme for residential PV installations with a generation capacity of up to 10 ...

Thai Ministry of Digital Economy and Society Launches Government Cloud Service

Thailand's Ministry of Digital Economy and Society (MDES), together with CAT Telecom, kickstarted a new Government Data Center and Cloud Service (GDCC) project, aiming to ...

Thai Board of Investment Targets Relocations from China

The Thai Board of Investment (BoI) announced that it will set up a special task force in order to facilitate investment from Japan and China, as these countries are expected ...

Tesco Lotus and Central Retail Commit to Reduce Plastic Use

On Environment Day, 5 June, Tesco Lotus and Central Group, two of the largest retail chains in Thailand, announced new measures to strengthen their commitment to reducing ...

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