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 Anticipates Economic Recovery in 2024 with Projected GDP Growth of 4.4% to 4.7%
Research firms, including CGS-CIMB, MIDF, and Maybank Investment Bank Research, anticipate a positive trajectory for Malaysia's economy in 2024. Projections range from 4.4% ...
Malaysia and Japan to Promote Bilateral Defense and Maritime Security Cooperation
Malaysia's Prime Minister, Anwar Ibrahim, and Japan's Prime Minister, Fumio Kishida, have reached an agreement for bilateral defense and maritime security cooperation. This ...
Bioalpha to Develop Innovative Langkawi Agro Park with USD 3.18 Million Investment
Bioalpha Wellness Sdn Bhd, a fully-owned subsidiary of Bioalpha Holdings Bhd, is gearing up for the development of an 8-acre agro park with a budget of MYR 15 million (USD ...
Vietnam and Denmark Collaborate for Sustainable Agriculture Development
In November 2023, a sustainable agriculture and food delegation from Denmark visited Ho Chi Minh City to share experiences with local partners and businesses seeking ...
Vietjet Air to Team with SAF One to Promote Sustainable Fuels in Vietnam
In November 2023, Vietnam’s low-cost carrier Vietjet Air and aviation solution provider SAF One inked a memorandum of understanding (MoU) to partner on the provision of ...
US Chipmaker Nvidia to Set R&D Base in Vietnam
Nvidia confirmed intentions to deepen collaboration with high-tech companies in Vietnam, with a focus on fostering local expertise in artificial intelligence (AI) and digital ...
Tokyo Gas to Construct USD 2-billion LNG Power Plant in Vietnam
In December 2023, Vietnam granted an investment license to a consortium comprising Tokyo Gas, Kyuden International, and Truong Thanh Group for the construction of an ...
Vietnamese Carmaker and Japanese Conglomerate to Recycle EV Batteries in Vietnam
Japanese conglomerate Marubeni Corporation and VinFast, Vietnam’s first automobile manufacturer established by Vingroup JSC, signed a memorandum of understanding (MoU) in ...
FPT Medicare and Nipro Partner for Digital Medical Devices in Vietnam
Nipro, Japan’s multinational medical corporation, has recently partnered with FPT Telecom’s FPT Medicare on a strategic cooperation agreement to deliver digital medical ...
QuadGen to Team with Viettel to Produce 5G Equipment
QuadGen Wireless Solutions, an Indian company specializing in network and engineering services, has formed a collaboration with Viettel High Tech, a state-owned telecom major ...
Vietnam to Seek Investments to Expand Hanoi’s International Airport and Da Nang Airport
According to Vietnam's Ministry of Transport (MoT), the international terminal at Hanoi's Noi Bai Airport is set to undergo expansion in 2024, with plans to boost its ...
Hitachi Energy Inaugurates New Transformers Factory in Vietnam
Hitachi Energy recently inaugurated a new transformers factory in Bac Ninh province of Vietnam. The new facility specializes in liquid-filled power and distribution ...
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