Toto Ltd. has announced that it will build a new factory for faucets in northern Vietnam to meet growing global demand. Toto will invest about JPY 10 billion (USD 86.9 million) in the new plant. Construction started in January 2022, with operations scheduled to begin...
It has been recently reported that work on the first phase for the construction of the Soc Son Waste-to-Energy Plant is approaching completion. The plant is located next to the Nam Son Waste Treatment Complex in Hanoi, was approved by local authorities in late 2017,...
Rapid urbanization and economic development have placed enormous pressure on Ho Chi Minh City to meet people’s needs while minimizing negative environmental impacts. To address these issues, the city is set to conduct a study on the e-transportation development...
Over the past two years, the Covid-19 pandemic has spurred capital inflow into Vietnamese start-ups operating in the medical technology, medicine, and healthcare sectors. Doctor Anywhere has recently confirmed that it has raised USD 65.7 million in a funding round...
Vietnam has a huge potential to become a new destination for luxury brands in the near future. The country’s rising high-income consumers are the main attribute to the positive outlook of the market. Specifically, Vietnam’s GDP per capita has increased nearly three...
The Malaysian government is determined to identify and implement comprehensive long-term solutions to mitigate the impact and losses due to flood, following one of the worst flood situations in December 2021 across the country. In order to do so, a total of MYR 300...
The Malaysian government is targeting a direct revenue of MYR 800 million (USD 191.09 million) and MYR 1.7 billion (USD 410 million) from the medical tourism sector in 2022 and 2025 respectively via the initiatives outlined in the country’s Healthcare Travel Industry...
Galaxy Racer, a Dubai-based e-sports, gaming and lifestyle organization, is expected to invest MYR 42 million (USD 10 million) within the next five years to develop the e-sports ecosystem in Malaysia. Parts of the investment plans include organizing e-sports...
Iskandar Development Berhad (IIB), the investment holding company of Iskandar Malaysia in South Johor, has opened the largest drone test site (DTS) in Southeast Asia. Located in Medini, the site covers an area of more than 1,700 acres in the Iskandar Drone and Robotic...
The FRABA Group has opened a new manufacturing plant in Johor, which is expected to commence operation this coming spring. A major supplier of sensors for industrial motion control applications, FRABA is headquartered in the Netherlands where its holding company is...
Mitsui Fudosan has opened a Japanese lifestyle shopping mall LaLaport in Kuala Lumpur, its second overseas outlet after Lalaport Shanghai Jinqiao in China. The mall is expected to bring in more Japanese retailers into the market, as the outlet, known as Mitsui...
Located in Johor, the southern state of Malaysia, the Mersing district is slated to be the state’s agribusiness hub with the development of two major projects, which are the Jemaluang Dairy Valley and the Endau-Mersing Fish Processing Park. The Chief Minister of...
