The International Gas Union’s latest annual LNG report indicates that Malaysia retained its position as the fifth largest exporter of liquefied natural gas (LNG) in 2023, following Russia, Qatar, Australia, and the US. Malaysia’s LNG exports reached 26.75...
In the first quarter of 2024, Malaysia exhibited robust economic performance with approved investments totaling MYR 83.7 billion (USD 18.2 billion) across various sectors, marking a 13% increase compared to the same period last year. This significant growth...
Qatar Airways Cargo and MASkargo, the cargo subsidiary of Malaysia Aviation Group, have signed a Memorandum of Understanding (MoU) to strengthen their collaborative cargo operations. This agreement follows an expanded codeshare arrangement between the two OneWorld...
Korea Ginseng Corp. (KGC), a subsidiary of South Korean tobacco giant KT&G Corp., focusing on health functional food products, has announced the launch of its red ginseng brand Jung Kwan Jang products in Malaysia. These products will be available through...
Franck Muller, the Swiss luxury watch brand, just launched its first standalone store in Vietnam. Situated on Le Loi Street near the iconic Saigon Opera House, the boutique boasts a museum-like design with a neutral color palette, aligning with the brand’s...
Nokia is partnering with Foxconn to manufacture its 5G AirScale equipment at Foxconn’s factory in Bac Giang province. Under this collaboration, Foxconn will produce Nokia’s 5G AirScale equipment, including the latest AirScale Massive MIMO radio products....
In June 2024, the Vietnam Singapore Industrial Park Joint Venture Co. (VSIP) commenced construction on a new facility in Ha Tinh province. The VSIP Ha Tinh industrial park is the second VSIP project to break ground within a month, following VSIP Lang Son in the...
US tech giant Motorola Solutions has recently opened a new research and development (R&D) center in Ho Chi Minh City, southern Vietnam, to advance data analytics and AI-enabled technologies for enhancing the company’s safety and security ecosystem. The R&D...
Japan’s Watakyu Vietnam, a textile product supplier for the healthcare industry, inaugurated a USD 33 million factory in Dong Nai province in June 2024. The opening ceremony for the new facility at Amata Industrial Park occurred about a year after construction...
BCG Energy has partnered with South Korea’s SK Ecoplant and Sudokwon Landfill Site Management Corp. (SLC) to collaborate on waste-to-energy solutions in Vietnam’s Long An and Kien Giang provinces,. Vietnam is struggling with a growing waste issue due to...
Vietnam Oil and Gas Group (Petrovietnam or PVN) has entered into multiple agreements with its partners to advance an integrated development project, which includes a gas field off Vietnam’s coast and a pipeline linking it to a nearby power plant. The partners...
In June 2024, the Vietnamese Embassy in Switzerland and the Swiss-Viet Economic Forum (SVEF) hosted the Vietnam-Switzerland Economic Forum themed “Strengthening Ties, Building Futures.” During the meeting, Vietnamese authorities emphasized the opportunity for...
