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

Swedish Companies to Support Malaysia’s Green Transition Efforts

Swedish Companies to Support Malaysia’s Green Transition Efforts

Malaysia and Sweden have inked a collaboration agreement on green transition which is intended to intensify collaborations, promotion and innovation for sustainable ...
Malaysia Introduces First Flagship Medical Tourism Hospital Program

Malaysia Introduces First Flagship Medical Tourism Hospital Program

Malaysia’s lead government agency for medical tourism, Malaysia Healthcare Travel Council (MHTC) has introduced its first Flagship Medical Tourism Hospital Program in ...
Taiwan’s HWC Coffee to Launch 40 Additional Stores in Malaysia

Taiwan’s HWC Coffee to Launch 40 Additional Stores in Malaysia

Taiwan-based specialty coffee house chain HWC Coffee has announced that it will open an additional 40 specialty coffee brand stores throughout Malaysia in 2023. HWC plans to ...
The UK and Vietnam Set to Collaborate on Clean Energy

The UK and Vietnam Set to Collaborate on Clean Energy

Sector experts have recently highlighted how, in the field of clean energy, Vietnam's current situation resembles the one the United Kingdom in the first decade of the 21st ...
Airbus Group Plans to Increase Supply Chains in Vietnam

Airbus Group Plans to Increase Supply Chains in Vietnam

Airbus Group has committed to increasing its supply chains in Vietnam for new orders related to the production of aircraft spare parts, according to the General Director of ...
Sandvik to Construct Load and Haul Factory in Malaysia to Meet Growing Mining BEV Market

Sandvik to Construct Load and Haul Factory in Malaysia to Meet Growing Mining BEV Market

‍Swedish engineering group Sandvik announced a new production facility in Malaysia for manufacturing underground loaders and trucks in order to meet demand for ...
Vietnamese Pharmaceutical Firms Pushed to Invest in R&D to Increase Competitiveness

Vietnamese Pharmaceutical Firms Pushed to Invest in R&D to Increase Competitiveness

It has recently been reported that Vietnam’s pharmaceutical industry has been experiencing a shortage of advanced R&D centers and internationally qualified facilities for ...
Vietnam and Australia to Work on Blockchain P2P Energy Trading

Vietnam and Australia to Work on Blockchain P2P Energy Trading

At the Australia-Vietnam Forum on Energy Transition on March 28, Powerledger, an Australian energy trading technology firm, announced its collaboration with Vietnam ...
APM Terminals, a Division of the Danish Maersk, to Expand Large Seaport in Northern Vietnam

APM Terminals, a Division of the Danish Maersk, to Expand Large Seaport in Northern Vietnam

Vietnam’s HATECO Group Joint Stock Corporation (HATECO) and APM Terminals, a division of the Danish shipping giant Maersk, have teamed up to raise the capacity of Lach Huyen ...
Japanese Retailers to Target Affluent Customers in Vietnam

Japanese Retailers to Target Affluent Customers in Vietnam

It has recently been reported that Japanese retailers are flocking to Vietnam to build additional outlets. In February 2023, the clothing giant Uniqlo, which currently ...
Philippine Conglomerate Partners with Israeli Group, Targets Increased Revenues in Dairy Business

Philippine Conglomerate Partners with Israeli Group, Targets Increased Revenues in Dairy Business

Philippine Conglomerate Metro Pacific Agro Ventures (MPAV) recently announced that it is targeting PHP 1 billion (USD 18.2 million) in revenues over the next four years, ...
Vietnam’s Offshore Wind Industry Draws the Attention of European Investors

Vietnam’s Offshore Wind Industry Draws the Attention of European Investors

Afry, a Swedish-Finnish supplier of engineering, design, and advisory services, has just closed a deal with Vietnam’ LIG-Huong Hoa 1 Joint Stock Company to become the owner’s ...

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