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

Airbus Encouraged to Produce Aircraft Components in Indonesia

Feb 2019 Indonesia, Defense/Aerospace

The Indonesian Government has requested Airbus to produce aircraft components in collaboration with Dirgantara Indonesia, an Indonesian aerospace Manufacturing company. The ...

Vietnam’s Newest Airline Bamboo Airways Launches Flights

Jan 2019 Vietnam, Defense/Aerospace

On Jan 16, the Vietnam's Bamboo Airways completed its inaugural flight that departed from Ho Chi Minh City and arrived at Hanoi's Noi Bai International. It joins other local ...

Vietnam, Japan Cooperating to Address Environmental Pollution

Jan 2019 Vietnam, Environment

As a result of strong economic growth in the current decade, Vietnam is facing severe Environmental issues such as frequent flooding in the city caused by climate change, or ...

Vietnam Preparing to Launch National Digital Map

Jan 2019 Vietnam, ICT

Vietnam’s digital map on https://map.itrithuc.vn/ project, which creates a full address list and associated geocodes in a complete map is planned to be operational by ...

Medical Devices Business Regulations Modified in Vietnam

Jan 2019 Vietnam, Healthcare

The Vietnam Ministry of Health (MOH) issued Decree No. 169/2018/ND-CP on 31 December, 2018 amending and supplementing some articles of Decree No.36 on Medical Device ...

CPTPP Takes Effect in Vietnam in January 2019

Jan 2019 Vietnam, Economy

On January 14, 2019, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) officially came into effect in Vietnam. The country's National Assembly ...

Construction on Marubeni Paperboard Mill Kicked Off

Jan 2019 Vietnam, Manufacturing

The Japanese group, Marubeni, has started the construction of paperboard mill plant in the North of Ba Ria Vung Tau Province in January, 2019. The project which is worth VND ...

Construction Initiated on USD 150 Million Solar Plant in Tra Vinh

Jan 2019 Vietnam, Energy

Trung Nam Tra Vinh Solar Power JSC has recently initiated construction of solar power plants, valued at VND 3.55 trillion (more than USD 150 million), in Duyen Hai Township, ...

Beauty and Healthcare Giant Watsons Enters Vietnam

Jan 2019 Vietnam, Retail/FMCG

The leading health and beauty retail brand in Asia and Eastern Europe, Watsons has launched its first flagship store in Vietnam on Jan 17, 2019. The store is strategically ...

70 Transportation Projects to Start in HCMC in 2019

Jan 2019 Vietnam, Infrastructure

Ho Chi Minh City's department of Transportation has annouced its plan to start the construction of around 70 projects this year, including 45 projects for upgrading and ...

Thailand Seeking Chinese Investment for EEC

Jan 2019 Thailand, Economy

Under the Thai government’s economic agenda, Rayong, and two other neighboring provinces, Chonburi and Chachoengsao will form the Eastern Economic Corridor (EEC). Stretching ...

Thailand May Become the Worlds Powerhouse of Medical Marijuana

Jan 2019 Thailand, Healthcare

Thailand is on the brink of becoming the first Southeast Asian nation to legalize Medical marijuana, hoping to become a powerhouse in a globally exploding market. In the ...

Taco Bell Debuts in Thailand

Jan 2019 Thailand, Retail/FMCG

American company Taco Bell will partner with Siam Taco Co Ltd to bring its Mexican-inspired cuisine to Thailand for the first time. Early in 2019, Taco Bell will open its ...

SRT Assessing Bids for High-Speed Rail Linking Three Airports

Jan 2019 Thailand, Infrastructure

The State Railway of Thailand (SRT) is still considering bids for a high-speed railway project connecting three major airports. So far the Charoen Pokphand Group (CP)-led ...

Prinx Chengshan Investing USD 25 Million in New Tire Factory in Thailand

Jan 2019 Thailand, Manufacturing

Chinese company, Prinx Chengshan, announced in January 2018 that it will invest 19 million GBP in a new tire factory in Thailand. The factory will be located across three ...

Greater Reliance on Natural Gas in Thailand’s Latest Power Plan

Jan 2019 Thailand, Energy

Thailand’s government has reconfirmed its commitment to gas in its new Power Development Plan (PDP), which sets a target for gas to generate 53% of the country’s power in ...

Draft Bill in Thailand to Allow 100% Foreign Ownership in Selected Aerospace Sectors

Jan 2019 Thailand, Defense/Aerospace

In December 2018 Thailand approved a draft bill for the air navigation law that lets foreign investors who win Board of Investment (BoI) promotional privileges to own up to ...

Digital ID in Thailand Entering Test Phase

Jan 2019 Thailand, ICT

Thailand's national digital ID service is expected to be available to the public in the next 3-5 months after undergoing testing. The system is intended to enhance digital ...

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