South Korean pharmaceutical company, GC Biopharma Co has obtained approval from the Indonesian Ministry of Health for the establishment of a blood products facility. The Indonesian government has been actively seeking business rights to domestically produce blood...
Coffee is a highlight of Vietnam’s agricultural exports in the first half of 2023. Owing to surging coffee prices due to reduced output amidst severe weather conditions globally, Vietnam expects the export revenue of coffee to exceed USD 4 billion for the second...
During his official visit to Vietnam, Australian Prime Minister (PM) Anthony Albanese inaugurated a new innovation hub in Vietnam as part of RMIT University’s AUD 250 million (USD 170 million) strategic investment. This encompasses funding for the Industry and...
In June 2023, Korea Aerospace Industries Co. (KAI) and Viettel Aerospace Institute (VTX), Vietnam’s largest telecom service provider, signed a preliminary agreement on cooperation to develop and manufacture helicopters. The agreement was included in the...
T&T Group, one of the biggest private enterprises in Vietnam, and South Korean companies Korea Gas Corporation (KOGAS) and SK E&S, have signed memorandums of understanding (MOUs) to collaborate on LNG and hydrogen projects in Vietnam. T&T Group and KOGAS...
DUYTAN Plastic Recycling Co. Ltd., the first plastics recycler in Vietnam to produce recycled PET for beverage bottle production, is set to install its third Starlinger PET bottle-to-bottle recycling line. The new line is planned to begin production by the end of...
Vietnam is emerging as a prominent hub for research and development (R&D) for Samsung and LG, going beyond being a global production center for the companies. Samsung has established an R&D center in Hanoi with 2,200 researchers while LG upgraded its...
Vietnam is becoming a potential alternative for Korean cosmetics companies confronting sales challenges in China, as the demand for K-beauty products surges in the Southeast Asian country. Vietnamese consumers show a strong preference for Korean beauty products, with...
Thonburi Healthcare Group Plc (THG), a Thai-based company engaging in medical and hospital management services, is partnering with Mithmitree Clinic and Vietnam’s real estate developer IFF Holdings, investing THB 170 million (USD 4.84 million) to develop a wellness...
Bespin Global Vietnam, a cloud management service provider, has inked a Memorandum of Understanding (MoU) with South Korea’s Changsoft I&I to develop a platform for smart cities in Vietnam. Accordingly, the data-integrated management frameworks will be first...
Vietnam recently announced plans to upgrade its logistics infrastructure in the southeast region. This key southern economic region covers Ho Chi Minh City (HCMC) and the five adjacent provinces of Dong Nai, Ba Ria – Vung Tau, Binh Duong, Binh Phuoc, and Tay Ninh. The...
Thailand’s National Innovation Agency (NIA) is driving the development of the Yothi Medical Innovation District (YMID) initiative to meet the demand for the creation of a central medical hub in the region. YMID is located in Bangkok’s Yothi neighborhood, aiming to...
