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 and the Netherlands Install Combat System on Missile Frigate

Indonesia and the Netherlands Install Combat System on Missile Frigate

Indonesia and the Netherlands have completed the installation and trials of combat systems on a second Indonesian guided missile frigate procured by the Indonesian Navy. The ...
Huawei Cloud and ULearning Provide E-Learning Solution in Indonesia

Huawei Cloud and ULearning Provide E-Learning Solution in Indonesia

Huawei Cloud and Singapore-based learning technology company ULearning have agreed to collaborate for a project providing an e-learning system Universitas Muhammadiyah ...
Coca-Cola Amatil Indonesia Invests in Indonesia’s Kargo Technologies

Coca-Cola Amatil Indonesia Invests in Indonesia’s Kargo Technologies

Amatil X, the venture capital arm of Coca Cola Amatil, one of the world's five major Coca-Cola bottlers, has invested in Kargo Technologies, an Indonesian start-up for ...
Vina Capital’s SkyX Solar to Develop Rooftop Solar in SAIGONTEL’s Industrial Parks

Vina Capital’s SkyX Solar to Develop Rooftop Solar in SAIGONTEL’s Industrial Parks

SkyX Solar, a subsidiary of Vietnamese asset management company Vina Capital Group, has entered into a joint-venture (JV) agreement with SAIGONTEL to develop rooftop solar ...
Vietnam’s Finance Ministry Announces VAT and Land Rent Payment Extension for Businesses

Vietnam’s Finance Ministry Announces VAT and Land Rent Payment Extension for Businesses

Vietnam's Ministry of Finance has announced a five-month extension of value-added tax (VAT), personal income tax and land rent fee payments worth around USD 1.3 billion for ...
Vietnam Aims to Achieve 100% Smartphone Penetration

Vietnam Aims to Achieve 100% Smartphone Penetration

According to a report in the Hanoi Times, the Vietnamese Ministry of Information and Communications plans to support the production of low-cost smartphones to make them ...
USD 107 million Investment Planned for 2020 to Improve Ha Long City’s Transport Infrastructure

USD 107 million Investment Planned for 2020 to Improve Ha Long City’s Transport Infrastructure

Ha Long City will receive USD 107 million to improve its transport Infrastructure this year in a bid to transform the coastline into an attractive tourism destination. The ...
ST Engineering Exploring Airframe Maintenance Venture with Vietnam Airlines

ST Engineering Exploring Airframe Maintenance Venture with Vietnam Airlines

Singapore-based ST Engineering is exploring the setting up of an airframe MRO joint venture (JV) in Vietnam with Vietnam Airlines and other potential airline partners to ...
Shopping Mall Developer Aeon Vietnam Announces USD 2 Billion Expansion Plans

Shopping Mall Developer Aeon Vietnam Announces USD 2 Billion Expansion Plans

Aeon Vietnam announced that they will invest an additional USD 2 billion to expand its network of commercial centers in the country. Iwamura Yasutsugu, the general director ...
MoU Signed in Vietnam for Public Private Collaboration in Plastic Waste Management

MoU Signed in Vietnam for Public Private Collaboration in Plastic Waste Management

A Memorandum of Understanding (MoU) to build public private in plastic waste management collaboration towards a circular economy was signed in Hanoi on 19 February 2020. This ...
German companies Looking at Vietnam’s Healthcare Sector

German companies Looking at Vietnam’s Healthcare Sector

With the EU-Vietnam Free Trade Agreement (EVFTA) expected to come into effect in July 2020, German healthcare multinationals and SMEs operating in Medical technology, ...
COVID-19 Accelerating Manufacturing Shift to Vietnam

COVID-19 Accelerating Manufacturing Shift to Vietnam

In early March 2020, it was reported that the launch of Google’s latest smartphone, the Pixel 4a, may be delayed as production might not be able to reach sustainable levels ...

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