Vietnam has launched or completed 250 infrastructure projects across 34 cities and provinces, representing a total investment of nearly VND1.28 quadrillion (USD 48.7 billion). The projects, covering transport, energy, industrial facilities, and housing, highlight a...
U.S. semiconductor manufacturer Coherent Corp. has inaugurated its third facility in Vietnam, located in Nhon Trach Industrial Park, Dong Nai Province, with an initial investment of USD 127 million. The plant will produce precision-engineered materials and photonics...
Walmart has added Vietnam to its cross-border ocean shipping network, enabling sellers to ship goods directly from Ho Chi Minh City and Hai Phong to its U.S. facilities. These are the retailer’s first origin ports outside China, reflecting both shifting global trade...
Dassault Systèmes and Viettel have signed a Memorandum of Understanding (MoU) to strengthen collaboration in artificial intelligence (AI), machine learning (ML), and digital transformation, aiming to accelerate Vietnam’s high-tech development. The partnership will...
Thailand is encouraging small and medium-sized enterprises to adopt environmentally sustainable practices through a new financial assistance program worth 150 million USD. The green loan scheme is designed to support SMEs that face challenges in accessing funding...
U Power Limited, a provider of AI-based solutions for energy grids and intelligent transportation systems, announced that it has signed a Memorandum of Understanding with SAIC Hongyan Automotive and UNEX EV to deploy battery-swapping compatible electric heavy trucks...
Thailand is continuing its strategy to establish itself as a fully integrated manufacturing hub for electric vehicles and components in Southeast Asia. The plan aligns with national climate goals of reaching carbon neutrality by 2050 and net-zero greenhouse gas...
Thailand has agreed to purchase three Gripen E and one Gripen F aircraft from Sweden, along with training, equipment, and logistical support. The announcement was made during an official Thai delegation visit to Stockholm on August 25. The agreement was signed by...
Sirio Pharma, a global contract development and manufacturing organization specializing in nutraceuticals, announced in a recent press release that it recorded strong revenue growth in the Asia-Pacific region. The company confirmed plans to build a new manufacturing...
Malaysian specialty coffee chain ZUS Coffee has officially entered the Thailand market with the opening of two outlets in Bangkok, marking the company’s continued expansion across Southeast Asia. The new stores are located at Varnit Place Aree, a popular lifestyle...
The International Finance Corporation (IFC) has invested in a blue bond issued by East Water to improve water supply reliability in Thailand’s Eastern Economic Corridor (EEC) and support national water resource management. The bond, totaling 620 million THB...
Hitachi Energy, a global leader in electrification, is investing 455 million THB (14 million USD) to expand its transformer manufacturing facility in Samutprakarn, Thailand. The investment is part of the company’s 9 billion USD global program to increase...
