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

Irish Food Giant Establishes a New Manufacturing Facility in Indonesia

Irish Food Giant Establishes a New Manufacturing Facility in Indonesia

Kerry, an Ireland-based food company, has officially inaugurated a taste manufacturing facility in Karawang, West Java, Indonesia. Spanning across 50,000 square meters, this ...
Indonesia and Dubai to Collaborate for the Development of the Belawan Seaport

Indonesia and Dubai to Collaborate for the Development of the Belawan Seaport

The Indonesia Investment Authority (INA), in partnership with Dubai Port World (DP World) from the United Arab Emirates (UAE), established a consortium named INA-DPWorld ...
Indonesia and South Korea Establish ICT Ecosystem for Indonesian SMEs

Indonesia and South Korea Establish ICT Ecosystem for Indonesian SMEs

The Cooperatives and Small and Medium Enterprises (SMEs) Ministry of Indonesia is partnering with South Korea to develop an ICT ecosystem aimed at enhancing the capabilities ...
GC Biopharma Awarded Contract to Construct Blood Products Plant in Indonesia

GC Biopharma Awarded Contract to Construct Blood Products Plant in Indonesia

South Korean pharmaceutical company, GC Biopharma Co has obtained approval from the Indonesian Ministry of Health for the establishment of a blood products facility. The ...
Vietnam’s Coffee Exports to Achieve a New Milestone

Vietnam’s Coffee Exports to Achieve a New Milestone

Coffee is a highlight of Vietnam's agricultural exports in the first half of 2023. Owing to surging coffee prices due to reduced output amidst severe weather conditions ...
Australia-Vietnam Innovation Collaboration Strengthened with RMIT University Investment

Australia-Vietnam Innovation Collaboration Strengthened with RMIT University Investment

During his official visit to Vietnam, Australian Prime Minister (PM) Anthony Albanese inaugurated a new innovation hub in Vietnam as part of RMIT University's AUD 250 million ...
Korea Aerospace Industries and Viettel Aerospace Institute to Develop and Manufacture Helicopters in Vietnam

Korea Aerospace Industries and Viettel Aerospace Institute to Develop and Manufacture Helicopters in Vietnam

In June 2023, Korea Aerospace Industries Co. (KAI) and Viettel Aerospace Institute (VTX), Vietnam's largest telecom service provider, signed a preliminary agreement on ...
Vietnam’s LNG Projects Bolstered through Partnership with Korean Companies

Vietnam’s LNG Projects Bolstered through Partnership with Korean Companies

T&T Group, one of the biggest private enterprises in Vietnam, and South Korean companies Korea Gas Corporation (KOGAS) and SK E&S, have signed memorandums of ...
Vietnamese Company to Install Austrian PET Bottle-to-Bottle Recycling Line

Vietnamese Company to Install Austrian PET Bottle-to-Bottle Recycling Line

DUYTAN Plastic Recycling Co. Ltd., the first plastics recycler in Vietnam to produce recycled PET for beverage bottle production, is set to install its third Starlinger PET ...
Vietnam Emerging as R&D Hub for Samsung and LG

Vietnam Emerging as R&D Hub for Samsung and LG

Vietnam is emerging as a prominent hub for research and development (R&D) for Samsung and LG, going beyond being a global production center for the companies. Samsung has ...
Vietnam Experiencing Surge in Demand for K-Beauty Products

Vietnam Experiencing Surge in Demand for K-Beauty Products

Vietnam is becoming a potential alternative for Korean cosmetics companies confronting sales challenges in China, as the demand for K-beauty products surges in the Southeast ...
Thai Healthcare Group to Target Wealthy Vietnamese Customers

Thai Healthcare Group to Target Wealthy Vietnamese Customers

Thonburi Healthcare Group Plc (THG), a Thai-based company engaging in medical and hospital management services, is partnering with Mithmitree Clinic and Vietnam’s real estate ...

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