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 to Receive USD 300 Million from ADB for Geothermal Electricity Generation

Indonesia to Receive USD 300 Million from ADB for Geothermal Electricity Generation

An Indonesian state-owned company, PT Geo Dipa Energi (GDE) is to receive USD 300 Million from Asian Development Bank (ADB). The fund will be used to expand its geothermal ...
Indonesian Government to Develop 89 New ‘Strategic’ Projects

Indonesian Government to Develop 89 New ‘Strategic’ Projects

The Indonesian government is to continue developing 89 new projects amid the COVID-19 pandemic, worth USD 94.8 billion from 2020-2024. These projects are additional to the ...
New USD 472 Million Terminal Approved for HCMC’s Tan Son Nhat Airport

New USD 472 Million Terminal Approved for HCMC’s Tan Son Nhat Airport

The Airports Corporation of Vietnam (ACV) has received approval for a USD 472 million project for building a new Passenger Terminal 3 at  Ho Chi Minh City's Tan Son Nhat ...
Japanese Company to Build New Sewer System to Clean To Lich River in Hanoi

Japanese Company to Build New Sewer System to Clean To Lich River in Hanoi

A Japanese company will use novel technology to build a sewer system under the To Lich river in Vietnam's capital city, Hanoi. The sewer will be 21 km long, including a 11.4 ...
Denmark Supporting Offshore Wind Energy Development in Vietnam

Denmark Supporting Offshore Wind Energy Development in Vietnam

The Danish Energy Agency (DEA) and the Vietnamese Electricity and Renewable Energy Authority are working together to prepare an Input to Roadmap report for offshore wind ...
Dairy Industry in Vietnam Expected to Continue on Growth Path in 2020

Dairy Industry in Vietnam Expected to Continue on Growth Path in 2020

The Vietnam Industry Research and Consultancy (VIRAC) forecasts that the dairy industry will continue to grow in 2020, with increasing investment in dairy farms to reduce ...
Proposed PPP Law in Vietnam Expected to Help Attract Infrastructure Investments

Proposed PPP Law in Vietnam Expected to Help Attract Infrastructure Investments

A new law in Vietnam on investments through the Public-Private Partnership (PPP) model is expected to come up for final approval soon. The draft law was published by the ...
Apple Reported to Be Shifting 30% of Global AirPod Production to Vietnam

Apple Reported to Be Shifting 30% of Global AirPod Production to Vietnam

According to media reports, between three to four million units of Apple's AirPods or 30% of the total output, will be made in Vietnam. Mass production for the AirPods ...
Ho Chi Minh City Making Progress on Planned Metro System

Ho Chi Minh City Making Progress on Planned Metro System

The Ho Chi Minh City (HCMC) administration has asked the Department of Planning and Investment to evaluate the pre-feasibility study of metro line no.5, whose total capital ...
Pilot Mobile Money Project Waiting for Vietnam PM’s Approval

Pilot Mobile Money Project Waiting for Vietnam PM’s Approval

The State Bank of Vietnam, the country's central bank, announced that a mobile money pilot project has been submitted to the Prime Minister (PM) for approval. It ...
Vingroup Designs Two Invasive Ventilator Models for COVID-19 Treatment

Vingroup Designs Two Invasive Ventilator Models for COVID-19 Treatment

Vietnamese conglomerate, Vingroup, announced it has designed two invasive ventilator models, which are compliant with international standards, while maintaining high ...
Thai Retailers Find Alternative Sales Strategies During Coronavirus Outbreak

Thai Retailers Find Alternative Sales Strategies During Coronavirus Outbreak

In order to keep their businesses running amid the Covid-19 outbreak, retailers in Thailand are experimenting with a mix of alternative sales strategies like drive-through ...

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