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
Japan’s Denzai Group Supplies Cranes for International Airport in Vietnam
Denzai K.K., a specialist in cranes and transportation, will provide cranes for the construction of Long Thanh International Airport, which is being developed on the ...
Foxconn Sets Up Its PlayStation Production in Vietnam
Taiwanese electronics giant Foxconn will set up a facility to produce PlayStation gaming consoles in Quang Ninh province, Vietnam, as part of a USD 287.2 million ...
Japanese Retail Giant Aeon Expands Its Business to Vietnam’s Central Region
Japanese retailer Aeon is set to open its first mall in central Vietnam and its seventh in the country in September 2024 in Thua Thien Hue province.
During a recent site ...
Vietnam Removes Foreign Ownership Limits in the Cloud and Data Sector
Vietnam has announced that foreign investors are now allowed to own data centers within the country. These new rules have emerged because the domestic market has struggled to ...
South Korea’s GC Holdings Launches Gene and Cancer Diagnostic Center in Vietnam
South Korea's GC Holdings will launch a gene and cancer diagnostic center in Vietnam in partnership with Phenikaa Group, marking its official entry into the Vietnamese ...
Vietnam Partners with Czech Republic for Environmental Protection
In a meeting with representatives from the Vietnamese Embassy in the Czech Republic in July 2024, Mega Group’s CEO outlined the company's core activities and ongoing ...
Samsung Electronics Leads the Shift to Renewable Energy in Vietnam
Samsung Electronics Co. has announced that its facilities in Vietnam would enhance their eco-friendly operations by purchasing renewable energy directly through the new ...
Vietnam and South Korea Reinforce Partnership through Trade
Vietnam and the Republic of Korea have recently enhanced their economic cooperation. The parties stressed the need for close coordination and practical measures to achieve ...
Vietnam’s Bamboo Airways Partners with Israel Aerospace Industries for Aircraft Engine Leasing
In July 2024, Vietnam’s Bamboo Airways and Israel Aerospace Industries finalized a USD 36 million contract for aircraft engine maintenance and leasing.
Under the ...
Vietnamese Market Opens to California Peaches and Nectarines
The United States Department of Agriculture (USDA) has recently announced that Vietnam has granted access to its market for peaches and nectarines from California.
Over ...
Indonesia’s First EV Battery Plant Launched by Hyundai and LGES
On July 3rd, 2024, Hyundai Motor Group and LG Energy Solution (LGES) of South Korea opened Indonesia’s first battery cell production plant for electric vehicles. This ...
Frisian Flag Indonesia Launches EUR 257 Million Factory in Cikarang
With an investment of EUR 257 million (or IDR 3.8 trillion), Frisian Flag Indonesia (FFI) has launched a factory in Sukamahi village, Cikarang district, Bekasi regency. This ...
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