South Korea’s GC Holdings will launch a gene and cancer diagnostic center in Vietnam in partnership with Phenikaa Group, marking its official entry into the Vietnamese healthcare sector. According to Korea IT Times, the project will feature GC Green Cross...
In a meeting with representatives from the Vietnamese Embassy in the Czech Republic in July 2024, Mega Group’s CEO outlined the company’s core activities and ongoing projects, highlighting water treatment as a key area of expertise. Particularly, the Czech’s...
Samsung Electronics Co. has announced that its facilities in Vietnam would enhance their eco-friendly operations by purchasing renewable energy directly through the new Direct Power Purchase Agreement (DPPA) system introduced by the Vietnamese government. The...
Vietnam and the Republic of Korea have recently enhanced their economic cooperation. The parties stressed the need for close coordination and practical measures to achieve their target of boosting bilateral trade to USD 100 billion by 2025, the tenth anniversary of...
In July 2024, Vietnam’s Bamboo Airways and Israel Aerospace Industries finalized a USD 36 million contract for aircraft engine maintenance and leasing. Under the agreement, Israel Aerospace Industries will provide maintenance for six CFM56-5B engines on Bamboo...
The United States Department of Agriculture (USDA) has recently announced that Vietnam has granted access to its market for peaches and nectarines from California. Over the past few years, multiple rounds of technical negotiations were necessary to overcome the...
On July 3rd, 2024, Hyundai Motor Group and LG Energy Solution (LGES) of South Korea opened Indonesia’s first battery cell production plant for electric vehicles. This facility has an annual capacity of 10 Gigawatt hours (GWh) of battery cells. Hyundai and LGES have...
With an investment of EUR 257 million (or IDR 3.8 trillion), Frisian Flag Indonesia (FFI) has launched a factory in Sukamahi village, Cikarang district, Bekasi regency. This 25.4-hectare plant is the largest production investment by Friesland Campina, the parent...
Duck Donuts, a US-based franchise known for its warm, made-to-order donuts, has opened its first store in the Philippines. Located in Angono St., Makati City, this new outlet is the largest among its over 160 locations worldwide. Duck Donuts’ unique selling...
Thailand’s plant-based food market, projected to grow around 10%, is estimated to reach a value of THB 45 billion (USD 1.2 billion) in 2024. A recent workshop titled “The Future of Essential Agricultural Products of Thailand: A Case Study of Plant-Based...
Airbus Helicopters in Thailand and the Thai Army Transportation Engineering School (ATE) have formalized an academic partnership through a Memorandum of Understanding (MoU) to provide internship opportunities in aircraft mechanics. Signed in June 2024 by Alexandre...
The Thai government has sanctioned several new data center projects. The Thailand Board of Investment (BOI) has endorsed substantial investments from both local and international companies into data centers, power plants, biochemicals, and hospital industries. The...