In the first two months of 2023, Vietnam attracted a total foreign direct investment (FDI) of USD 146 million, with a large amount coming from Japanese manufacturers and retailers as they have continuously unveiled plans to highlight their presence in the country....
A military procurement agreement is reportedly being negotiated between Vietnam and the Czech Republic that would include more L-39NG advanced trainer aircraft, along with radars, armored vehicle upgrades and firearms. The former Soviet satellite state is positioned...
PetroVietnam Gas has announced a tender to purchase Vietnam’s first shipment of liquefied natural gas (LNG), marking an important step on the Southeast Asian country’s path to becoming a major importer. The cargo of 50,000 to 70,000 tonnes is being sought...
HYDRO-BLOK, an American manufacturer of foam-based waterproofing shower systems and building panels, has announced the opening of its new factory in Bangkok, Thailand, to expand its manufacturing capacity and support its growing global market. The new factory will...
The US has agreed to ramp up the Philippines’ military capabilities over the next five to ten years as part of a “security sector assistance roadmap” that will see the Philippines receive equipment from radars, military transport aircraft and drones to coastal- and...
The Philippines’ largest automotive company Toyota Motor Philippines (TMP), and the country’s largest fully integrated telco PLDT recently announced a partnership that will further drive the benefits of smart connected cars and intelligent platforms technology...
Thailand’s state-owned oil and gas company PTT Group has just announced plans to invest USD 7 billion in green hydrogen production. This will be done in partnership with Saudi Arabia’s leading renewable energy company, ACWA Power. The two companies announced the...
A new project in Thailand will involve eye and facial recognition technology being used with the aim of enhancing healthcare services for foreign workers, refugees, and ethnic minorities in five provinces, as announced by the Thai Department of Disease Control. The...
Thailand’s Marine Department has announced plans to revive the Cruise Terminal Development Project to meet the increase in marine tourism. The department has agreed to develop Bali Hai Pier in Chon Buri into a hybrid pier. The port will be constructed to function both...
Thailand is aiming to support an annual 5% gross domestic product (GDP) growth with a plan to generate THB 2.2 trillion THB (USD 64.9 billion) investment into five targeted industries within the Eastern Economic Corridor (EEC) by 2026. The EEC, comprising areas in...
Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has partnered with Personetics, which provides financial data-driven personalization and customer engagement for financial services, to present AI-powered money management capabilities in Vietnam. The...
California-based Envirotech Vehicles Inc. (EVT) is investing USD 80 million to build a production plant in Clark Freeport Zone as it bets on the EV market’s growth potential in the Philippines. The plant, which will have an area of 15,000 to 20,000 square meters, is...
