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

Malaysia Seeks to Improve Cybersecurity and Prevent Economic Losses

Malaysia Seeks to Improve Cybersecurity and Prevent Economic Losses

Malaysia continues to prioritize cybersecurity as it works to improve its standing as a regional leader in the digital economy. According to Datuk Abdul Halim Abdul Rahman, ...
Malaysia Aviation Group to Procure A330neo Aircraft For Fleet Modernization

Malaysia Aviation Group to Procure A330neo Aircraft For Fleet Modernization

Malaysia Aviation Group (MAG), the parent firm of Malaysia Airlines, inked a memorandum of understanding in August 2022 with Airbus, Rolls Royce, and Avalon for its modern ...
FGV, Bernas to Formulate Native Chicken Feed and Boost Chicken Production

FGV, Bernas to Formulate Native Chicken Feed and Boost Chicken Production

Two Malaysian firms, namely, FGV Holdings Bhd, a leading agribusiness and food producer, and Bernas, one of the largest rice suppliers in the country, have formed joint ...
Tesla Secures USD 5 Billion Contract to Buy Nickel Products in Indonesia

Tesla Secures USD 5 Billion Contract to Buy Nickel Products in Indonesia

American automaker, Tesla, has signed contracts worth billions of dollars with nickel processing businesses in Indonesia to purchase ingredients for its batteries. Indonesia, ...
Flagship Stores Booming in Vietnam

Flagship Stores Booming in Vietnam

Uniqlo, a Japanese clothing retailer, recently opened a new store at Saigon Center in HCM City in April 2022. This is its 11th outlet in Vietnam since 2019, spreading over ...
Samsung to Begin Manufacturing Semiconductor Parts in Vietnam

Samsung to Begin Manufacturing Semiconductor Parts in Vietnam

Samsung has just announced that it will commence mass-producing its ball grid array products at its factory in northern Thai Nguyen Province in July 2023, and it is currently ...
Vietnam´s Most Expensive Airport to Be Operational from 2025

Vietnam´s Most Expensive Airport to Be Operational from 2025

Vietnam is constructing the Long Thanh Airport, is expected to cost USD 16 billion. The airport, built to accommodate 100 million passengers and 5 million tons of cargo ...
Vietnam Applies Artificial Intelligence for Petroleum Exploration

Vietnam Applies Artificial Intelligence for Petroleum Exploration

The Vietnam Petroleum Institute (VPI), a member of the Vietnam Oil and Gas Group (PetroVietnam), is applying artificial intelligence (AI) and machine learning in petroleum ...
Vietnam Calls for Foreign Investment in Medical Devices Production

Vietnam Calls for Foreign Investment in Medical Devices Production

According to the Ho Chi Minh City Medical Equipment Association, the Vietnamese medical equipment market, is growing at a rate of over 18% annually. The market is dependent ...
Foreign Companies Investing in Vietnam´s Wind Offshore Industry

Foreign Companies Investing in Vietnam´s Wind Offshore Industry

Overseas companies are making investments in Vietnam wind offshore sector. One of the most notable recent examples is the collaborations between Danish offshore wind ...
Vietnam to Grow Installed Power Generation Capacity by 10% Annually

Vietnam to Grow Installed Power Generation Capacity by 10% Annually

According to Vietnam´s Deputy Minister of Industry and Trade, the Southeast Asian country will require between USD 8 billion and USD 14 billion in investments annually ...
Vietnam to Establish Seven Marine Economic Clusters by 2030

Vietnam to Establish Seven Marine Economic Clusters by 2030

The government of Vietnam recently announced that it aims to develop seven maritime economic clusters in the country over the next 10 years as part of its strategy to advance ...

Explore Our Services