According to FedEx Express’ president and CEO Richard Smith, the US transport giant FedEx is planning to enhance its logistics operations at Tan Son Nhat International Airport in Ho Chi Minh City (HCMC). After over 30 years in the country, FedEx regards Vietnam as a...
In June 2024, Vietnamese Deputy Minister of Planning and Investment Do Thanh Trung and Ireland’s Minister of State Martin Heydon signed a Memorandum of Understanding (MoU) to boost diplomatic and trade cooperation. Several Vietnamese officials participated in a...
In June 2024, Daewoong Pharmaceutical revealed its plans to collaborate with Indonesia’s Bogor Agricultural University (IPB), highly regarded for its veterinary research expertise, to establish a specialized primate research institute in the Southeast Asian...
In June 2024, Palo Alto Networks, an American cybersecurity firm, announced the opening of a new cloud location in Indonesia. This new cloud infrastructure provides Indonesian customers comprehensive access to Palo Alto Networks’ security solutions while...
Indonesia’s immigration authorities have implemented the HID U.ARE.U Camera Identification System as the facial recognition element for the automated border crossing gates across Batam ports. The aim is to address the severe congestion caused by outdated manual...
The Foreign Affairs Minister of Indonesia and Finland’s Foreign Minister convened in Helsinki in June 2024 to explore enhancing bilateral collaboration, particularly focusing on green energy and smart cities. The Indonesian minister disclosed that private sector...
VinFast, the Vietnamese electric vehicle (EV) manufacturer under Vingroup, is advancing its plans to establish a manufacturing presence in Indonesia by the end of 2025. In a recent filing with the United States Securities and Exchange Commission, VinFast announced its...
Nitori Holdings Co., Ltd., headquartered in Sapporo, northern Japan, has revealed plans to open an inaugural store in Indonesia. The goal is to speed up further store openings across the Asian market. The first Indonesian store is set to debut in July at Central Park...
Sembcorp Industries (Sembcorp) has revealed that its wholly-owned subsidiary, PT Sembcorp Renewables Indonesia, has established a joint venture with PT PLN Nusantara Renewables, a subsidiary predominantly owned by PT PLN Nusantara Power. The partnership is focused on...
The Ministry of Cooperatives and SMEs (Kemenkop UKM) is embarking in a cooperation with the Australian livestock company Austrex to enhance the governance of Indonesia’s livestock business sector. The Deputy for Entrepreneurship at Kemenkop UKM aims for this...
PT Len Industri and Thales celebrated a significant milestone in May 2024 with the signing of a joint venture agreement in Jakarta. The ceremony was attended by the Deputy Minister of State-Owned Enterprises (BUMN), the President and CEO of Thales International, and...
The governments of Indonesia and Switzerland have committed to pursuing stronger cooperation in the manpower sector, the Indonesian Manpower Minister stated after meeting with the Swiss Ambassador in Jakarta in May 2024. The minister highlighted several agreements...