VinES Energy Solutions, a business division of major Vietnamese conglomerate VinGroup, has teamed up with the Vietnamese SolarBK to promote the combination of battery storage and rooftop solar PV in Vietnam. Accordingly, the collaboration will highlight the “Make in...
In July 2023, Japan’s renewable energy firm Erex Co., Ltd. and local partner Sakura Green Energy JSC commenced the construction of a USD 20 million biomass fuel plant in the mountainous province of Yen Bai, Vietnam. The manufacturing is set to be operational in the...
In July 2023 Vietnam and Israel signed a free trade agreement (FTA) in Tel Aviv after seven years of negotiations, making Vietnam the first Southeast Asian country to close an FTA with the Middle Eastern nation. The FTA will remove duties in steps on at least 86% of...
SkyDrive Inc., a leading Japanese electric vertical take-off and landing (eVTOL) aircraft manufacturer, and CT UAV JSC in Vietnam announced that they have signed a Memorandum of Understanding (MOU). Accordingly, CT UAV has agreed on a pre-order of up to 100 SkyDrive...
The Asian Development Bank (ADB) and Australis Holdings, Inc. (Australis) have inked a USD 15 million convertible note to support climate-resilient, ocean-based barramundi and seaweed aquaculture in Vietnam. The investment is expected to facilitate the expansion of...
Malaysia and the Philippines have strengthened their ties through a memorandum of understanding (MOU) focusing on joint agricultural development. The MOU delves into fostering development in areas such as palm oil, rubber, and other agricultural commodities....
For a considerable time, European and American companies like L’Oreal and P&G held a strong grip on Indonesia’s beauty industry. However, in recent times, local customers, particularly the younger generation, have displayed an increasing attraction...
In July 2023, LG Electronics Inc., the South Korean household appliance giant, launched its inaugural international research and development (R&D) center in Indonesia. The objective is to expedite TV manufacturing and sales across Asia. Situated in Cibitung, the...
DP World is gearing up to initiate activities at Indonesia’s Belawan New Container Terminal (BNCT) following the signing of an agreement with the Indonesia Investment Authority (INA) and Pelindo aimed at overseeing terminal operations and initiating a...
Home Credit Indonesia, a tech-based financing firm, has commenced a collaborated with FPT Smart Cloud, a Vietnamese artificial intelligence (AI) solutions and cloud services provider, in a strategic partnership aimed for AI advancement in their business. This...
In July 2023, Smart Fertility Clinic inaugurated a new branch at Primaya Evasari Hospital in Central Jakarta. This marks the third branch of the expansion, following Primaya IVF Makassar and Smart Fertility Clinic North Bekasi. Smart Fertility Clinic operates under...
Alba Group, the Germany-based materials, recycling, and environmental services company, is investing around EUR 55 million (USD 60 million) in developing a new PET waste processing facility in Kendal Industrial Park (KIP) in Central Java. Alba Group Asia’s...
