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

Vietnam Launches USD 49 Billion Nationwide Infrastructure Initiative

Vietnam Launches USD 49 Billion Nationwide Infrastructure Initiative

Vietnam has launched or completed 250 infrastructure projects across 34 cities and provinces, representing a total investment of nearly VND1.28 quadrillion (USD 48.7 ...
Coherent Expands Vietnam Presence with USD 127 Million Dong Nai Facility

Coherent Expands Vietnam Presence with USD 127 Million Dong Nai Facility

U.S. semiconductor manufacturer Coherent Corp. has inaugurated its third facility in Vietnam, located in Nhon Trach Industrial Park, Dong Nai Province, with an initial ...
Walmart Expands Supply Chain Services with Vietnam – U.S. Shipping Lane

Walmart Expands Supply Chain Services with Vietnam – U.S. Shipping Lane

Walmart has added Vietnam to its cross-border ocean shipping network, enabling sellers to ship goods directly from Ho Chi Minh City and Hai Phong to its U.S. facilities. ...
Dassault Systèmes and Viettel Forge Partnership to Advance AI and High-Tech Innovation in Vietnam

Dassault Systèmes and Viettel Forge Partnership to Advance AI and High-Tech Innovation in Vietnam

Dassault Systèmes and Viettel have signed a Memorandum of Understanding (MoU) to strengthen collaboration in artificial intelligence (AI), machine learning (ML), and digital ...
Sirio Announces New Facility in Thailand for Nutraceuticals

Sirio Announces New Facility in Thailand for Nutraceuticals

Sirio Pharma, a global contract development and manufacturing organization specializing in nutraceuticals, announced in a recent press release that it recorded strong revenue ...
Thailand Confirms Purchase of Gripen Aircraft From Sweden

Thailand Confirms Purchase of Gripen Aircraft From Sweden

Thailand has agreed to purchase three Gripen E and one Gripen F aircraft from Sweden, along with training, equipment, and logistical support. The announcement was made during ...
Thailand Advances Plans to Become Regional Electric Vehicle Hub

Thailand Advances Plans to Become Regional Electric Vehicle Hub

Thailand is continuing its strategy to establish itself as a fully integrated manufacturing hub for electric vehicles and components in Southeast Asia. The plan aligns with ...
U Power Signs MOU To Deploy Battery-Swapping Heavy Trucks In Thailand

U Power Signs MOU To Deploy Battery-Swapping Heavy Trucks In Thailand

U Power Limited, a provider of AI-based solutions for energy grids and intelligent transportation systems, announced that it has signed a Memorandum of Understanding with ...
Thailand Launches USD 150 Million Green Loan Scheme For SMEs

Thailand Launches USD 150 Million Green Loan Scheme For SMEs

Thailand is encouraging small and medium-sized enterprises to adopt environmentally sustainable practices through a new financial assistance program worth 150 million USD. ...
Malaysian Coffee Chain ZUS Coffee Launches In Thailand

Malaysian Coffee Chain ZUS Coffee Launches In Thailand

Malaysian specialty coffee chain ZUS Coffee has officially entered the Thailand market with the opening of two outlets in Bangkok, marking the company’s continued expansion ...
The International Finance Corporation Invests in Water Supply in Thailand

The International Finance Corporation Invests in Water Supply in Thailand

The International Finance Corporation (IFC) has invested in a blue bond issued by East Water to improve water supply reliability in Thailand’s Eastern Economic Corridor (EEC) ...
Hitachi Energy Invests 14 Million USD To Expand Transformer Factory In Thailand

Hitachi Energy Invests 14 Million USD To Expand Transformer Factory In Thailand

Hitachi Energy, a global leader in electrification, is investing 455 million THB (14 million USD) to expand its transformer manufacturing facility in Samutprakarn, Thailand. ...
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