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 LNG-fired power plant in the northern province of Thai Binh, with an estimated cost of around USD 2...
Japanese conglomerate Marubeni Corporation and VinFast, Vietnam’s first automobile manufacturer established by Vingroup JSC, signed a memorandum of understanding (MoU) in December 2023 for cooperation in the secondary use of electric vehicle (EV) batteries. Under the...
Nipro, Japan’s multinational medical corporation, has recently partnered with FPT Telecom’s FPT Medicare on a strategic cooperation agreement to deliver digital medical devices with international standards and affordability. Through this partnership, the two firms aim...
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 in Vietnam, to produce 5G network equipment. The range of products will encompass radio...
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 capacity from 10 million to 15 million visitors annually. In response to concerns raised...
Hitachi Energy recently inaugurated a new transformers factory in Bac Ninh province of Vietnam. The new facility specializes in liquid-filled power and distribution transformers. It is set to nearly double the Hitachi’s previous factory’s annual capacity...
PepsiCo, Inc. has announced ambitious plans to invest USD 90 million in the construction of a snack plant in Ha Nam Province of Vietnam. The new facility, which will occupy 80,000 square meters overall, will be constructed at the Dong Van I Expanded Industrial Park....
While Singapore’s coffee market is highly competitive, brands continue to expand in the city-state in hopes success on the island will propel international growth. Recently, five leading players set up in Singapore, namely China’s Luckin Coffee, Indonesia’s Kenangan...
Singapore recently announced that it will commence a land reclamation project to create a “Long Island” on the eastern coast of the city-state. The threat of rising sea levels is growing for Singapore. With around 30% of its land less than five meters above mean sea...
During the World Climate Action Summit a senior Minister announced that Singapore is aiming to raise USD 6.6 billion in green funding for Southeast Asia by creating international partnerships. At home, Singapore is raising its climate targets, setting a goal of...
Siltronic, a major player in the semiconductor industry, has achieved a significant milestone with the production of the first wafers in its new state-of-the-art 300 mm fabrication facility (fab) in Singapore. This marks a key step in the strategic expansion of...
In December 2023, Singapore’s second National AI Strategy (NAIS 2.0) was officially launched to uplift Singapore’s collective economic and social potential over the next three to five years, which details the 15 actions that Singapore will take to propel its AI...
