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

Water Company Sets Aside USD 178.2 Million for Pipe Network Replacement in the Philippines

Water Company Sets Aside USD 178.2 Million for Pipe Network Replacement in the Philippines

Maynilad Water Services Inc. (MWSI), one of the two water utility concessionaires which manages the west zone of Metro Manila comprising of 17 cities and municipalities, will ...
Philippines’ Leading Power Company to Increase Renewable Energy Capacity

Philippines’ Leading Power Company to Increase Renewable Energy Capacity

First Gen Corporation, a subsidiary of First Philippine Holdings Corporation, which focuses on power generation and distribution, has recently announced plans to join the ...
Vietnam Emerging as Compelling Market for Luxury Brands

Vietnam Emerging as Compelling Market for Luxury Brands

According to real estate agency Savills Vietnam, many luxury brands have targeted Vietnam as part of their market diversification strategies. Although China is still a ...
Swedish Company Chooses Vietnam as Manufacturing Hub for Marine Solutions

Swedish Company Chooses Vietnam as Manufacturing Hub for Marine Solutions

Sweden's Trelleborg Group has decided to invest in a completely new manufacturing facility in Vietnam for mainly marine solutions, such as marine construction, ...
A Second Airport Proposed for Vietnam’s Capital

A Second Airport Proposed for Vietnam’s Capital

Vietnam’s population has been increasing fast, with roughly 1 million people added each year. In 2023, the country is forecasted to achieve the 100-million milestone. Ho ...
Vietnam Emerging as a Leading Market for Data Centers

Vietnam Emerging as a Leading Market for Data Centers

Vietnam’s data center sector is booming at an unexpected pace, with both domestic and global players willing to establish more data centers as demand for data storage ...
Pfizer to Cooperate with The Vietnam Pediatrics Association to Improve Child Healthcare

Pfizer to Cooperate with The Vietnam Pediatrics Association to Improve Child Healthcare

In May 2023, Pfizer Vietnam signed a Memorandum of Understanding (MOU) with the Vietnam Pediatrics Association (VPA) to strengthen the capability of pediatric healthcare ...
Vietnam to Increase Wind Energy and LNG by 2030

Vietnam to Increase Wind Energy and LNG by 2030

Vietnam recently announced that it has finalized a long-awaited power plan for this decade, with the goal of increasing wind energy and gas while decreasing dependency on ...
Vietnamese City Tests Out Electric Waste Collection Trucks

Vietnamese City Tests Out Electric Waste Collection Trucks

The United Nations Development Program (UNDP) and the Embassy of Japan in Vietnam have given the Vietnamese city of Hue six electric trucks for rubbish collection, which are ...
Vietnam and Sweden Set to Expand Trade Ties, Potential Focus on Energy Sector

Vietnam and Sweden Set to Expand Trade Ties, Potential Focus on Energy Sector

Sweden is an important Northern European market for Vietnam, and the two countries have a lot of potential to increase bilateral commerce, as recently highlighted by ...
Vietnam and Japan Collaborate for the Manufacturing of Aerospace Components

Vietnam and Japan Collaborate for the Manufacturing of Aerospace Components

A meeting was recently convened at the Kobe Chamber of Commerce and Industry (KCCI) headquarters in Japan to discuss ways to increase Vietnam-Japan cooperation in the ...
Vietnam’s Shrimp Sector Embracing Technology for Clean Supply Chain

Vietnam’s Shrimp Sector Embracing Technology for Clean Supply Chain

The Vietnamese shrimp sector has expanded considerably over the past decade, but some issues such as overfishing, diseases, pollution, and forced labor are still to be fully ...

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