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 and Denmark Collaborate for Sustainable Agriculture Development

Vietnam and Denmark Collaborate for Sustainable Agriculture Development

In November 2023, a sustainable agriculture and food delegation from Denmark visited Ho Chi Minh City to share experiences with local partners and businesses seeking ...
Vietjet Air to Team with SAF One to Promote Sustainable Fuels in Vietnam

Vietjet Air to Team with SAF One to Promote Sustainable Fuels in Vietnam

In November 2023, Vietnam’s low-cost carrier Vietjet Air and aviation solution provider SAF One inked a memorandum of understanding (MoU) to partner on the provision of ...
US Chipmaker Nvidia to Set R&D Base in Vietnam

US Chipmaker Nvidia to Set R&D Base in Vietnam

Nvidia confirmed intentions to deepen collaboration with high-tech companies in Vietnam, with a focus on fostering local expertise in artificial intelligence (AI) and digital ...
Tokyo Gas to Construct USD 2-billion LNG Power Plant in Vietnam

Tokyo Gas to Construct USD 2-billion LNG Power Plant in Vietnam

In December 2023, Vietnam granted an investment license to a consortium comprising Tokyo Gas, Kyuden International, and Truong Thanh Group for the construction of an ...
Vietnamese Carmaker and Japanese Conglomerate to Recycle EV Batteries in Vietnam

Vietnamese Carmaker and Japanese Conglomerate to Recycle EV Batteries in Vietnam

Japanese conglomerate Marubeni Corporation and VinFast, Vietnam’s first automobile manufacturer established by Vingroup JSC, signed a memorandum of understanding (MoU) in ...
FPT Medicare and Nipro Partner for Digital Medical Devices in Vietnam

FPT Medicare and Nipro Partner for Digital Medical Devices in Vietnam

Nipro, Japan’s multinational medical corporation, has recently partnered with FPT Telecom’s FPT Medicare on a strategic cooperation agreement to deliver digital medical ...
QuadGen to Team with Viettel to Produce 5G Equipment

QuadGen to Team with Viettel to Produce 5G Equipment

QuadGen Wireless Solutions, an Indian company specializing in network and engineering services, has formed a collaboration with Viettel High Tech, a state-owned telecom major ...
Vietnam to Seek Investments to Expand Hanoi’s International Airport and Da Nang Airport

Vietnam to Seek Investments to Expand Hanoi’s International Airport and Da Nang Airport

According to Vietnam's Ministry of Transport (MoT), the international terminal at Hanoi's Noi Bai Airport is set to undergo expansion in 2024, with plans to boost its ...
Hitachi Energy Inaugurates New Transformers Factory in Vietnam

Hitachi Energy Inaugurates New Transformers Factory in Vietnam

Hitachi Energy recently inaugurated a new transformers factory in Bac Ninh province of Vietnam. The new facility specializes in liquid-filled power and distribution ...
PepsiCo to Construct USD 90-million Snack Plant in Vietnam

PepsiCo to Construct USD 90-million Snack Plant in Vietnam

PepsiCo, Inc. has announced ambitious plans to invest USD 90 million in the construction of a snack plant in Ha Nam Province of Vietnam. The new facility, which will occupy ...
Coffee Chains Enter Singapore to Expand in the Region

Coffee Chains Enter Singapore to Expand in the Region

While Singapore’s coffee market is highly competitive, brands continue to expand in the city-state in hopes success on the island will propel international ...
Singapore to Embark on New Land Reclamation Plan on Its East Coast

Singapore to Embark on New Land Reclamation Plan on Its East Coast

Singapore recently announced that it will commence a land reclamation project to create a “Long Island” on the eastern coast of the city-state. The threat of rising sea ...

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