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

THACO and Fresh Del Monte Forge Long-Term Partnership to Scale Vietnam’s Industrial Agriculture
Truong Hai Group Corporation THACO and Fresh Del Monte, a United States based food group with 135 years of experience, signed a strategic partnership agreement in Ho Chi Minh ...

Vietnam Targets First Five Star Green International Airport with Gia Binh Project
Vietnam is moving closer to developing its first five star green international airport following National Assembly approval of a major private aviation project valued at USD ...

Vietnam’s Credit Growth to Reach 19% in 2025
Vietnam’s credit growth is set to hit one of its highest levels in years, pushing the country’s credit-to-GDP ratio to the top among lower-middle-income economies, according ...

French Hydrogen Developer Launches USD 500 Million Vietnam Initiative for Green Hydrogen
French hydrogen developer HDF Energy has unveiled a USD 500 million (approximately EUR 460 million) investment plan to accelerate green infrastructure in Vietnam, focusing on ...

Italian Packaging Company Mainetti Opens Vietnam Facility for Flexible Packaging Production
Italian packaging company Mainetti has inaugurated a new factory in Hung Yen Province, Vietnam, located in Minh Quang Industrial Park. The move marks a significant step in ...

Emerging Prospects for Vietnam – Canada Cooperation in AI and Precision Medicine
Canada’s expertise in compiling and analysing genomic data complements Vietnam’s large and genetically diverse population, creating significant opportunities for ...

Vietnam to Pour USD 3.8 Billion into Science, Innovation, and Digital Transformation in 2026
Prime Minister Pham Minh Chinh has announced a historic allocation of USD 3.8 billion from the 2026 state budget to boost national innovation, science and technology, and ...

Vietnam Targets End-2026 Groundbreaking for North – South High-Speed Railway
Vietnam is pushing to commence construction on its flagship North – South high-speed railway by the end of 2026, with Minister of Construction Tran Hong Minh calling ...

Vietnam to Launch First Semiconductor Plant in 2026
Vietnam is set to establish its first semiconductor manufacturing facility in 2026, marking a key milestone in the country’s drive for rapid and sustainable growth through ...

Vietnam’s Rural Market Set to Drive Retail Growth as Middle Class Surges by 2030
Vietnam’s rural areas are emerging as a major frontier for retail growth, as middle-class households outside the country’s largest cities are set to expand rapidly over the ...

Toys”R”Us Unveils IP Collection Flagship at Suria KLCC
Toys”R”Us Asia has launched its new IP Collection Flagship Store at Suria KLCC, marking the brand’s most significant retail innovation in Malaysia in nearly two ...

Texas Instruments Inaugurates High-Tech TIEM2 Factory in Melaka
Global semiconductor leader Texas Instruments (TI) has officially opened its second state-of-the-art assembly and test factory in Melaka, known as TIEM2. The inauguration, ...

TotalEnergies and Google Sign 21-Year PPA to Power Malaysia Data Centers
TotalEnergies has entered into a long-term Power Purchase Agreement (PPA) with Google to supply the tech giant with 1 terawatt-hour (TWh) of certified renewable electricity ...

OpenSys Technologies Unveils PalmWav, Malaysia’s First Palm-Based Payment Innovation
OpenSys Technologies, a subsidiary of OpenSys (M) Bhd, has officially introduced PalmWav, a pioneering biometrics prototype that marks Malaysia’s first foray into ...

German Metabolomics Pioneer Secures MDA Approval in Malaysia for ASEAN Debut
German metabolomics developer numares Health has announced its formal expansion into the ASEAN region following regulatory approval from Malaysia’s Medical Device Authority ...

Masdar to Develop Southeast Asia’s Largest Floating Solar Plant at Chereh Dam
Abu Dhabi-based renewable energy leader Masdar has formalized its entry into the Malaysian market by signing a Power Purchase Agreement (PPA) with Malaysia’s major utility ...

PETRONAS to Establish USD 125 Million National Geoscience Hub in Putrajaya
PETRONAS, via Malaysia Petroleum Management (MPM), has finalized a strategic agreement to develop the PETRONAS Geoscience Technology Centre (PGTC). The partnership with ...

JLG Unveils USD 6.6 Billion Ibrahim Technopolis as Gateway to Johor–Singapore SEZ
JLand Group (JLG), the infrastructure arm of Johor Corporation, has officially launched Ibrahim Technopolis (IBTEC), a 7,290-acre integrated development designed to anchor ...
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