Hydrogène de France (HDF Energy) has signed a Memorandum of Understanding (MoU) with the Philippine Department of Transportation (DOTr), with support from the Mindanao Development Authority (MinDA), to develop green hydrogen infrastructure and roll out hydrogen-based...
Cebu Mitsumi, a subsidiary of Japan’s MinebeaMitsumi Group, has officially broken ground on a new PHP 7.3 billion (USD 128 million) advanced production facility in the MRI Special Economic Zone, Danao City, Cebu. The 5,000 sqm expansion, featuring a Class 10,000 Clean...
The Philippine Department of Agriculture (DA) is strengthening its cooperation with South Korean agricultural machinery manufacturers to support the development of a 20-hectare Korea Agriculture Machinery Industry Complex (KAMIC) in Nueva Ecija. Led by Secretary...
Italian shipbuilder Fincantieri and Germany’s ThyssenKrupp Marine Systems (TKMS) have signed an Industrial Cooperation Agreement to jointly offer U212-class submarines to the Philippine Navy. The agreement is part of the companies’ broader strategy to participate in...
The Philippine Space Agency (PhilSA) recently hosted a high-level delegation from the European Union (EU) and 17 EU Member States to highlight ongoing space cooperation under the EU’s Global Gateway strategy. The visit on April 2, 2025, focused on initiatives that...
Vertiv, a US-headquartered provider of digital infrastructure solutions, has launched a regional training facility in the Philippines aimed at boosting technical expertise across the Asia-Pacific region. The new center, known as Vertiv Academy, is located at the...
US-based pop culture collectibles company Funko, Inc. is set to open its first licensed retail store in Southeast Asia, selecting the Philippines as its launchpad in the region. The store, which will be operated by local partner Funtastik Enterprises Corp, is expected...
Vietnam has emerged as a leading force in global food production, achieving self-sufficiency and becoming a major exporter, according to Máximo Torero, Chief Economist of the Food and Agriculture Organization (FAO). Speaking during the P4G Summit in Hanoi, Torero...
Facing a potential 46% U.S. tariff on its exports, Vietnam has announced plans to boost imports of American defense and security products in an effort to address its substantial trade surplus with the United States, which exceeded USD 123 billion in 2024. Prime...
Vietnam attracted nearly USD 11 billion in foreign investment in the first quarter of 2025, marking a 35% increase year-on-year, according to the Ministry of Planning and Investment. The rise highlights sustained investor confidence in the country’s economic prospects...
SUEZ has entered into a strategic joint venture with Sonadezi, a state-owned Vietnamese industrial park developer, to provide integrated environmental solutions at Chau Duc Industrial Park – the largest of its kind in southern Vietnam. This collaboration marks...
Vietnam’s pharmaceutical industry is experiencing robust growth, with its market size projected to reach $10 billion by 2026, up from USD 2.7 billion in 2015 and USD 7 billion in 2025. This expansion is driven by favorable policies, increasing healthcare demand,...
