Business News

Business news to help you keep track of the latest developments and identify new opportunities across key sectors in Southeast Asia

Monthly Business News to Help You Understand the Market

Europe’s Retail Giant Lidl Strengthens Supply Chain with Vietnam Expansion

Europe’s Retail Giant Lidl Strengthens Supply Chain with Vietnam Expansion

Lidl, one of Europe’s largest supermarket retailers, is reinforcing its supply chain resilience by shifting more sourcing to Vietnam and Malaysia. The move comes amid rising ...
American Semiconductor Manufacturer Invests USD 127 Million in New High-Tech Factory in Vietnam

American Semiconductor Manufacturer Invests USD 127 Million in New High-Tech Factory in Vietnam

Coherent Corporation has reinforced its global growth strategy with the inauguration of a USD 127 million manufacturing facility in Dong Nai province. The new plant, located ...
Hateco and A.P Moller Maersk Launch New Deep-Water Port in Haiphong

Hateco and A.P Moller Maersk Launch New Deep-Water Port in Haiphong

Hateco Group and APM Terminals (a part of A.P Moller Maersk) have officially inaugurated the Hateco Haiphong International Container Terminal (HHIT), marking a major ...
Vietnam Firms Lead Five International Undersea Cable Systems for the First Time

Vietnam Firms Lead Five International Undersea Cable Systems for the First Time

Vietnam has reached a new milestone in digital infrastructure, with five international undersea cable systems now operated and partially owned by Vietnamese enterprises. This ...
Vietnam to Launch Nationwide AI Training Program for 15,000 Healthcare Professionals

Vietnam to Launch Nationwide AI Training Program for 15,000 Healthcare Professionals

Vietnam plans to train around 15,000 healthcare professionals in artificial intelligence (AI) over the next two years, according to the Ministry of Health. The initiative ...
Hanoi to Ban Fossil-Fuel Motorcycles in City Center from July 2026

Hanoi to Ban Fossil-Fuel Motorcycles in City Center from July 2026

Vietnam will prohibit the use of fossil-fuel motorcycles and mopeds in central Hanoi starting from July 2026, marking a significant step in the country’s broader strategy to ...
Italian Energy Giant Explores Deeper Bioenergy and Carbon Capture Collaboration with Vietnam

Italian Energy Giant Explores Deeper Bioenergy and Carbon Capture Collaboration with Vietnam

Italian energy major ENI is seeking to expand its footprint in Vietnam through new partnerships in bioenergy and carbon capture, utilization and storage (CCUS), aligning with ...
Vietnam to Introduce Landmark Incentives for Digital Technology Firms

Vietnam to Introduce Landmark Incentives for Digital Technology Firms

Vietnam is preparing to roll out one of its most ambitious policy frameworks to date in support of the digital technology industry. The Law on Digital Technology Industry, ...
Vietnam to Participate Carbon Offsetting and Reduction Scheme for International Aviation

Vietnam to Participate Carbon Offsetting and Reduction Scheme for International Aviation

Vietnam has officially confirmed its participation in the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) from January 1, 2026, marking a ...
Vietnam Becomes Key Market for US Soybeans Amid Rising Demand

Vietnam Becomes Key Market for US Soybeans Amid Rising Demand

Agricultural trade between Vietnam and the United States continues to deepen as Vietnam emerges as one of the most important destinations for US soybeans in Southeast ...
Thai Union Advances Sustainable Aquaculture Collaboration to Decarbonize Shrimp Farming

Thai Union Advances Sustainable Aquaculture Collaboration to Decarbonize Shrimp Farming

Thai Union Group recently presented its strategy to expand shrimp farming decarbonization. The company is working with public and private stakeholders to explore how blue ...
US Company Announces First Sale of Drones in Thailand

US Company Announces First Sale of Drones in Thailand

AgEagle Aerial Systems Inc, a U.S.-based provider of drone and aerial imaging solutions, has recently completed its first sale of the eBee VISION fixed-wing drone in ...
Thailand Updates EV Policy to Boost Exports

Thailand Updates EV Policy to Boost Exports

Thailand has updated its electric vehicle (EV) incentive programs to support increased exports of battery electric vehicles (BEVs) and reinforce its role as a regional EV ...
IFC Partners with CleanMax to Scale Solar Solutions for Thailand’s Commercial and Industrial Sector

IFC Partners with CleanMax to Scale Solar Solutions for Thailand’s Commercial and Industrial Sector

The International Finance Corporation (IFC) has partnered with Clean Max Enviro Energy’s subsidiary, CleanMax Energy (Thailand), to invest USD 45 million in expanding solar ...
Thai University Partners with the Ocean Cleanup to Counter Plastic Waste with AI

Thai University Partners with the Ocean Cleanup to Counter Plastic Waste with AI

Chulalongkorn University has partnered with The Ocean Cleanup and Thailand’s Department of Marine and Coastal Resources to use camera and artificial intelligence technology ...
Thailand Inaugurates First Cancer Drug Manufacturing Facility

Thailand Inaugurates First Cancer Drug Manufacturing Facility

The Chulabhorn Royal Academy has opened Thailand’s first cancer drug manufacturing facility, certified under the globally recognized Good Manufacturing and Distribution ...
Bangkok Partners with Danish Specialist for AI for Waste Separation

Bangkok Partners with Danish Specialist for AI for Waste Separation

The Bangkok Metropolitan Administration (BMA) has partnered with Danish technology firm cBrain to apply artificial intelligence in verifying waste separation images submitted ...
Nippon Express Logistics Opens New Center in Thailand

Nippon Express Logistics Opens New Center in Thailand

Nippon Express Logistics (Thailand) Co., Ltd., a subsidiary of Nippon Express Holdings, Inc., has opened a new logistics facility in the Eastern Seaboard Industrial Estate ...
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