Vietnam is planning to modernize its seaport system. There are 286 terminals with over 96km of quays in total nationwide at present, capable of handling over 706 million tons of cargo. Among them, the seaport complexes in northern Hai Phong city and Ho Chi Minh City...
In October 2023, Amkor Technology, the world’s largest US-headquartered OSAT (outsourced semiconductor assembly and test) service provider, announced the grand opening of Amkor’s newest factory in Bac Ninh Province, Vietnam. The USD 1.6 billion chip factory will...
Marriott International has announced agreements to open three new luxury resorts in Vietnam. This marks the debut of two new brands into Vietnam – Ritz-Carlton Reserve and The Luxury Collection. Additionally, Marriott also announced Vietnam’s third JW Marriott Hotel...
Retailer and variety store chain MINISO recently launched its first IP-themed flagship store at Margo City Store in Indonesia, featuring Sanrio characters. This store is the brand’s first of its kind globally. The move reflects MINISO’s commitment to...
PT Indonesia Infrastructure Finance (IIF) and Export Development Canada (EDC) have formalized a collaboration to expedite infrastructure financing in Indonesia. The memorandum of understanding (MoU) was signed on September 2023 at the IIF’s offices in...
In a move toward advancing smart city projects in Indonesia, South Korean telecom giant KT Corp. is partnering with Telkom Indonesia to enhance smart solutions in Nusantara, Indonesia’s new capital. The collaboration involves sharing KT’s advanced ICT...
Indonesian Minister of Health, Budi Gunadi Sadikin, and Minister of State of the United Arab Emirates (UAE), Ahmed Ali Al Sayegh, recently signed a Cooperation Agreement for the construction of the Emirates-Indonesia Cardiology Hospital in Solo Techno Park, Surakarta...
Indonesia has received a grant of IDR 514 billion (GBP 27.2 million, or USD 33.5 million) from the United Kingdom to execute the second phase of the Low Carbon Development Initiative (LCDI) toward green economy adoption. The National Development Planning (PPN)...
Singapore’s Sembcorp Utilities Pte Ltd and Indonesian state-owned utility company PT PLN have signed a joint development study agreement to explore the feasibility of green hydrogen production in Indonesia for export to Singapore. Sembcorp Utilities is a...
Indonesia and the Czech Republic have agreed to enhance cooperation in various fields, including infrastructure, transportation, vocational education, energy and mineral resources, environmental protection, defense industry, and healthcare, during the 6th Session of...
Italy is in negotiations with Indonesia for the sales of two of its new PPA multi-purpose patrol vessels, an Italian minister reported to the Defense News. To expedite delivery, the ships to be sold would be among those currently being built for the Italian Navy. The...
Food company Bella Bulgaria and Indonesian firm Garuda Mitra Utama (GMU) signed a cooperation agreement during the Indonesia-Europe Business Forum in Jakarta. The Bulgarian-Indonesian investment is worth USD 72 million in total. USD 34 million will be destined to raw...
