ASEAN BUSINESS NEWS

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Vietnam and the US Strengthen Agricultural Trade Ties with USD 3 Billion in New Deals

Vietnam and the US Strengthen Agricultural Trade Ties with USD 3 Billion in New Deals

June 2025 marked a new milestone for Vietnam and the US agricultural trade ties when 20 new Memoranda of Understanding (MoUs) worth USD 3 billion was signed between between ...
Sweden’s SYRE IMPACT to Invest USD 1 Billion in Polyester Recycling Facility in Binh Dinh

Sweden’s SYRE IMPACT to Invest USD 1 Billion in Polyester Recycling Facility in Binh Dinh

Authorities in Binh Dinh (Gia Lai) province have granted Sweden-based SYRE IMPACT AB an investment registration certificate for a USD 1 billion polyester recycling and ...
Vietnam Launches USD 38.4 Billion Fund to Drive Digital Transformation

Vietnam Launches USD 38.4 Billion Fund to Drive Digital Transformation

Vietnam has officially launched the National Data Development Fund with an initial capital of VND1 trillion (approximately USD 38.4 million), aimed at accelerating the ...
Vietnam to Invest USD 2.6 Billion in Upgrading Hai Phong Port System by 2030

Vietnam to Invest USD 2.6 Billion in Upgrading Hai Phong Port System by 2030

The Ministry of Construction has greenlit a major VND 66 trillion (USD 2.6 billion) investment plan to expand and upgrade Hai Phong's port infrastructure by 2030. The project ...
Vietnam Remains Attractive to Global Manufacturers Despite US Tariffs

Vietnam Remains Attractive to Global Manufacturers Despite US Tariffs

Despite the challenges posed by US tariffs, Vietnam continues to attract foreign investment, particularly in manufacturing and industrial real estate. The country’s ...
Unilever Vietnam Expands Investment in Ho Chi Minh City Plant

Unilever Vietnam Expands Investment in Ho Chi Minh City Plant

Unilever Vietnam is ramping up its investment in its manufacturing operations in Ho Chi Minh City, with plans to raise capital for its Cu Chi factory to nearly USD 120 ...
Botanical Essentials Unveils Immersive Fragrance Installation for New Collection

Botanical Essentials Unveils Immersive Fragrance Installation for New Collection

Indonesian self-care brand Botanical Essentials, in collaboration with experience curator Haluu, has launched Scentarium: A Life Journey through Scent. This immersive ...
Largest Integrated Solar Panel Manufacturing Facility Opens in Indonesia

Largest Integrated Solar Panel Manufacturing Facility Opens in Indonesia

In June, Indonesia inaugurated its largest and first fully integrated solar cell and module manufacturing facility, PT Trina Mas Agra Indonesia (TMAI), situated in the Kendal ...
Al Qilaa Announces USD 2.5 Billion Housing Initiative in Indonesia

Al Qilaa Announces USD 2.5 Billion Housing Initiative in Indonesia

Qatari firm Al Qilaa, operating through its Indonesian subsidiary Al Qilaa International Indonesia, intends to develop 50,000 affordable apartment units in the first phase of ...
Indonesia and the UK Explore Collaboration in AI and Digital Technology

Indonesia and the UK Explore Collaboration in AI and Digital Technology

During London Tech Week 2025, Indonesia’s Deputy Minister of Communication and Digital Affairs explored opportunities for collaboration in artificial intelligence (AI) with ...
Indonesia Launches Bali’s First Medical Tourism Hub

Indonesia Launches Bali’s First Medical Tourism Hub

Indonesia officially inaugurated its first medical tourism special economic zone (SEZ) in Sanur, Bali, last month, marking a significant milestone in the country's push to ...
Indonesia to Launch First Ocean Current Power Plant in Support of Clean Energy Goals

Indonesia to Launch First Ocean Current Power Plant in Support of Clean Energy Goals

Indonesia is advancing its renewable energy agenda with the development of its first ocean current power plant (PLTAL), a project valued at USD 220 million (IDR 3.57 ...
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