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’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 ...
South Korean Player to Develop a Smart Cities Platform Management for Vietnam

South Korean Player to Develop a Smart Cities Platform Management for Vietnam

Bespin Global Vietnam, a cloud management service provider, has inked a Memorandum of Understanding (MoU) with South Korea’s Changsoft I&I to develop a platform for smart ...
Vietnam’s Logistics Sector Appealing to Investors Amidst Upgrade Plans

Vietnam’s Logistics Sector Appealing to Investors Amidst Upgrade Plans

Vietnam recently announced plans to upgrade its logistics infrastructure in the southeast region. This key southern economic region covers Ho Chi Minh City (HCMC) and the ...
MAS Proposes Common Protocol for Digital Money in Singapore

MAS Proposes Common Protocol for Digital Money in Singapore

The Monetary Authority of Singapore (MAS) has published a whitepaper proposing a common protocol to specify conditions for the use of digital money, such as central bank ...
Llaollao Expands Presence in Singapore, Capitalizing on Growing Demand

Llaollao Expands Presence in Singapore, Capitalizing on Growing Demand

Spanish frozen yogurt company Llaollao has identified Singapore as a key market, with plans to expand its presence in the country. The company, known for its high-quality ...

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