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
Cariflex Opens USD 355 Million Latex Plant in Singapore
Cariflex, a global leader in polyisoprene rubber latex and a subsidiary of South Korea’s DL Chemical, officially opened the world’s largest polyisoprene latex plant on Jurong ...
Singapore Unveils Major Aquaculture Expansion in East Johor Strait to Strengthen Seafood Supply
Singapore is set to significantly expand its aquaculture operations in the East Johor Strait from 2026, with the Singapore Food Agency (SFA) planning to release 117 hectares ...
Emirates Unveils Flagship World Retail Store in Singapore
Emirates has officially opened its first Emirates World retail store in Singapore, marking a significant milestone in the airline’s 35-year history in the country and ...
BIOTRONIK Opens Major Asia-Pacific Manufacturing and Research Hub in Singapore to Drive Cardiac Innovation
BIOTRONIK, a leading German medical technology company specializing in cardiovascular devices, has opened a new Asia-Pacific Manufacturing and Research Hub in Singapore. The ...
Vietnam Deepens AgriTech and Innovation Ties with Germany and Austria
Vietnam is strengthening strategic partnerships with Germany and Austria to advance its agriculture and high-tech sectors, in line with its 2045 vision for a high-income, ...
Vietnam and France Forge Ahead in Space and Aerospace Partnership
Vietnam Academy of Science and Technology (VAST), Airbus Defence and Space, and France’s national space agency, CNES, signed a landmark cooperation agreement on May 26 at ...
Vietnam’s FDI Momentum Builds on Reforms, Tech-Driven Projects, and Global Confidence
Since the beginning of this year, Vietnam has secured USD 13.82 billion in newly registered foreign direct investment (FDI), representing an increase of nearly 40% ...
Vietnam Cuts LNG Import Tariff to Accelerate Clean Energy Transition
The Vietnamese Government has reduced the import tariff on liquefied natural gas (LNG) from 5% to 2% under Decree No. 73/2025/NĐ-CP, issued on March 31. This move is seen as ...
Vietnam Poised to Become Regional Circular-Economy Hub
Vietnam is making significant strides toward becoming a regional leader in the circular economy, leveraging its existing plastic recycling capacity, deep-rooted traditional ...
Vietnam and France Seal Vaccine Technology Transfer Deal
On May 26, during French President Macron’s state visit, Vietnam Vaccine JSC (VNVC) and French pharmaceutical leader Sanofi signed a pivotal agreement to transfer vaccine ...
Viettel and South Korea’s KT Join Forces to Drive AI Transformation in Vietnam
Vietnam’s military-owned telecom powerhouse, Viettel, has entered into a strategic partnership with South Korea’s KT Corporation to advance artificial intelligence (AI) ...
Foreign Investors Deepen Long-Term, Large-Scale Investment in Vietnam
Foreign investors are accelerating significant investments in Vietnam’s industrial and technology infrastructure, signaling strong confidence in the country’s investment ...
Vietnam Starts Construction for Its First Locally Led Chip Factory
Vietnam recently commenced construction on its first chip factory entirely developed and operated with Vietnamese-owned technology, marking a significant breakthrough in the ...
Japan’s AEON Plans Major Expansion in Vietnam
Japan’s largest retail group, AEON, has ambitious plans to dramatically increase its presence in Vietnam, aiming to grow from 12 general merchandise stores (GMS) to ...
Thai Union Secures USD 150 Million ADB Loan for Sustainable Shrimp Production
Thai Union Group Public Company Limited has secured a USD 150 million Blue Loan from the Asian Development Bank. This is the first Blue Loan for Thailand’s seafood sector and ...
Airbus Plans Thailand Aviation Hub with New Asia Pacific Center
Airbus projects a demand for about 20,000 new aircraft in the Asia Pacific region over the next 20 years, representing half of global aircraft demand. Anand Stanley, ...
Thailand’s Strategic Plan to Counter Upcoming US Tariffs
Thailand has launched a USD 15 billion economic stimulus package aimed at strengthening its export-driven economy against rising global challenges, particularly new tariffs ...
Leading Thai Wind Power Firm to Triple Capacity by 2037
Thailand’s largest wind power producer, Wind Energy Holding, plans to invest USD 2.6 billion to nearly triple its domestic generation capacity by 2037. The company aims to ...
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