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
Singapore Opens State-of-the-Art Rail Test Centre to Boost Network Reliability
Singapore reached a significant milestone in its rail infrastructure with the official opening of the Singapore Rail Test Centre (SRTC) in Tuas on March 28, 2025. The SRTC, ...
CELINE and Fabrique Redefine Singapore’s Luxury Retail Scene with Artistry and Accessibility
In March 2025, two distinctive brands—CELINE and Fabrique—arrived to elevate Singapore’s luxury retail landscape. Both launches highlight the city’s status as a premier ...
Singapore’s Defence Budget Hike Drives New Military Acquisitions, Opportunities
The Government of Singapore has announced a 12.4% increase in its defence budget for FY 2025, raising it to SGD 23.4 billion (USD 17.4 billion), the largest allocation among ...
Singapore RAS Targets 1,000 Tons of Local Salmon Production
BMW Singapore RAS, a local aquaculture firm, has announced plans to produce 1,000 metric tons of farmed salmon in Singapore by 2025, marking a significant step in the ...
South Korea’s Convenience Specialist GS25 Enters Northern Vietnam with Six New Stores
The South Korea’s convenience store brand GS25 has officially ventured into northern Vietnam by launching six new outlets in Hanoi, marking a significant step in its broader ...
Škoda Auto Launches Vehicle Assembly Plant in Vietnam
Czech automobile manufacturer Škoda Auto, a subsidiary of the Volkswagen Group, has officially launched a new vehicle manufacturing facility in Vietnam, reinforcing its ...
Singapore’s YCH Group Explores Investment and Collaboration Opportunities at Danang’s Port
YCH Group, a major logistics company based in Singapore, is seeking investment and collaboration opportunities for strategic projects in the Lien Chieu port area in Danang. ...
Australia and Vietnam Launch Strategic Technologies Center to Drive ICT Innovation
The University of Technology Sydney (UTS) has recently announced the establishment of the Australia-Vietnam Strategic Technologies Center, a state-of-the-art research hub ...
French Pharma Group Mayoly Expands Business in Vietnam
In March 2025, French pharmaceutical and consumer healthcare company Mayoly officially launched a representative office in Ho Chi Minh City, marking its formal entry into the ...
Lego and Other Danish Firms Increase Their Green Investment in Vietnam
Danish companies are ramping up their investments in Vietnam, placing a strong emphasis on sustainability and supporting the country’s green transition agenda. A notable ...
Vietnam Strikes USD 4.15 Billion Energy and Mineral Agreements with U.S. Companies
During a recent visit to the United States by Vietnam’s trade minister, several Vietnamese companies signed major energy and mineral agreements with American firms. These ...
Vietnam to Launch High-Tech Free Trade Zone in Hai Phong to Boost Investment
Vietnam’s northern port city of Hai Phong is in the final stages of preparing for the launch of a next-generation free trade area, which will serve as the central feature of ...
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