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

Indonesia and Hungary to Establish USD 500 Million Investment Fund

Indonesia and Hungary to Establish USD 500 Million Investment Fund

Indonesia and Hungary are going to establish a USD 500 million joint investment fund to finance Indonesian Infrastructure investments in transport and water management. Both ...
Abu Dhabi-Based Masdar Signs Agreement with PLN to Build Floating Solar Plant

Abu Dhabi-Based Masdar Signs Agreement with PLN to Build Floating Solar Plant

PLN, the state electricity company of Indonesia, has signed a power purchase agreement with Masdar, a global leader in renewable Energy and sustainable urban development from ...
Ping An and Bangkok Dusit Offer Overseas Video Consultations for Chinese Patients

Ping An and Bangkok Dusit Offer Overseas Video Consultations for Chinese Patients

Chinese healthcare ecosystem platform, Ping An Healthcare and Technology Company Limited (Ping An Good Doctor) has partnered with Thailand’s largest private healthcare group, ...

Vietnam to Develop 10-Year Seaport Master Plan

A master plan to develop Vietnamese seaports for the period 2021-2030 was recently approved by Deputy Prime Minister Trinh Dinh Dung. The two main goals of the plan are to ...
Vietnam Buying Combat Training Aircraft from Russia

Vietnam Buying Combat Training Aircraft from Russia

According to reports in the Russian media, Vietnam has signed a USD 350 million contract to buy at least 12 Yak-130 combat training aircraft from Russia. The Yak-130 which ...
Vietnam and China Reach New Landmark in their Commercial Ties

Vietnam and China Reach New Landmark in their Commercial Ties

Vietnam's exports in 2019 rose 8.4% to USD 264.189 billion, while imports rose 6.8% to USD 253.071 billion. Vietnam recorded a trade surplus of USD 11.12 billion last year, ...
Second Centralized IT Zone Established in Danang

Second Centralized IT Zone Established in Danang

Vietnam's Prime Minister has approved the establishment of Danang Information Technology Park (DITP) as Danang's second Centralized Information Technology (CIT) zone after Da ...
Saigon Co-op Launches Three New Supermarkets in Vietnam

Saigon Co-op Launches Three New Supermarkets in Vietnam

Saigon Co.op opened three new Co.opmart supermarkets in An Giang, Ho Chi Minh City and Dak Lak in Vietnam, increasing its total number of stores to 126. Each of these ...
Pilot Plastic Recycling Project Being Initiated in Danang

Pilot Plastic Recycling Project Being Initiated in Danang

According to a report in VietnamPlus, Environment and Urban Company (URENCO) will implement a pilot project for plastic waste recycling in Danang through a partnership ...
Pegatron to Manufacture Styluses for Samsung Smartphones in Vietnam

Pegatron to Manufacture Styluses for Samsung Smartphones in Vietnam

Taiwanese electronics manufacturer Pegatron, which is a supplier for Apple and Samsung is reportedly planning to construct a Manufacturing facility in the north of Vietnam to ...
Ho Chi Minh City Implementing Integrated E-Tax System

Ho Chi Minh City Implementing Integrated E-Tax System

The Ho Chi Minh City Department of Taxation plans to implement an integrated e-tax system from 10 February 10 to improve tax service quality for taxpayers making tax ...
EVN Receives Approval for Continued Purchase of Rooftop Solar Power

EVN Receives Approval for Continued Purchase of Rooftop Solar Power

According to media reports, Vietnam’s Ministry of Industry and Trade (MOIT) has approved state-owned Vietnam Electricity (EVN)’s proposal to continue buying power from ...

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