US Defense Companies Explore Deals in Vietnam

US Defense Companies Explore Deals in Vietnam

Reuters has recently reported that several American defense companies have been involved in talks with Vietnamese officials for supplying military gear such as helicopters and drones to the Southeast Asian country. The firms involved in the discussion include Lockheed...
Two Major Airport Expansions Planned in Thailand

Two Major Airport Expansions Planned in Thailand

It has been recently announced that in 2023 the government of Thailand will launch tenders for the expansion of the country’s two biggest airports, Suvarnabhumi International and Don Mueang International, both of which serve Bangkok. The expansions aim to meet an...
Foxconn Kicks Off Building of EV Factory in Thailand

Foxconn Kicks Off Building of EV Factory in Thailand

Taiwanese contract manufacturer Foxconn has just commenced the construction of an electric vehicle (EV) plant in Thailand. The project, part of Foxconn’s  joint venture with Thai energy company PTT, is expected to start operations in 2024 and will have an...
Petronas Makes Significant Oil and Gas Discovery Offshore Malaysia

Petronas Makes Significant Oil and Gas Discovery Offshore Malaysia

Malaysia’s national upstream company Petronas Carigali has made a significant oil and gas discovery with its Nahara wildcat offshore Sarawak, East Malaysia. The shallow-water Nahara field is located on Block SK 306 in the Balingian province, around 150 kilometers off...
Technology to Transform Medical Examination and Treatment in Vietnam

Technology to Transform Medical Examination and Treatment in Vietnam

Vietnam’s Ministry of Heath has implemented a project to enhance the professional capacity of grassroots healthcare organizations and disseminate the expertise of doctors from central-level hospitals to citizens and health workers nationwide. Patients and healthcare...
Government Aims to Change East Coast Region into RV Industry Hub

Government Aims to Change East Coast Region into RV Industry Hub

The Ministry of International Trade and Industry (MITI) and the East Coast Economic Region Development Council (ECERDC) are looking to capitalize on the potential of the growing recreational vehicle (RV) industry to boost the region, and subsequently the Malaysian...
GS25 to Receive USD 20 Million from IFC to Enhance Presence in Vietnam

GS25 to Receive USD 20 Million from IFC to Enhance Presence in Vietnam

IFC, a member of the World Bank Group, is considering an investment of USD 20 million in GS25, a convenience store chain in Vietnam. IFC visited five stores and a warehouse in Thu Duc City, Ho Chi Minh City in February and March 2022 to evaluate the proposed plan. The...
Indonesia Speeds Up Infrastructure Development for New Capital

Indonesia Speeds Up Infrastructure Development for New Capital

Indonesia will speed up the infrastructure construction of its future capital city (IKN) Nusantara to attract more investors. Indonesian President Joko Widodo has ordered his Cabinet to complete existing infrastructure projects by 2024, and to prioritize permits for...