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
Consortium of Oil and Gas Companies Selected for LNG Infrastructure Project in Indonesia
A consortium consisting of AG&P LNG, Suasana Benua Sukses, and KPM Oil and Gas, all operating within the energy sector, has secured a 20-year contract for the development ...
South Korea’s CMG Pharmaceutical Set to Enter the Vietnamese Cosmetics Market
With a focus on young Vietnamese consumers, South Korea’s CMG Pharmaceutical is preparing to enter the Vietnamese cosmetics market. The pharmaceutical company, known for its ...
Dutch Company to Build New Semiconductor Component Plant in Vietnam
In March 2024, VDL ETG, the high-tech cluster of VDL Groep, ratified cooperation with Frasers Property for the construction of a new facility in Vietnam to make semiconductor ...
Dutch Shipping Company APM Terminals Strengthens Collaboration for Terminal Development in Vietnam
During a trade mission of Dutch copmanies to Vietnam, APM Terminals and Hateco Haiphong International Container Terminal (HHIT), a fully owned subsidiary of Hateco Group, ...
South Korea’s Hanwha Life to Support Training for ICT and Fintech in Vietnam
South Korea’s Hanwha Life recently inked a memorandum of understanding with its local collaborator, the Vietnam-Korea University of Information and Communication ...
South Korea’s Genuone Sciences Strengthens Business Presence in Vietnam
South Korea’s pharmaceutical company Genuone Sciences has recently formed a partnership with Vietnam’s pharmaceutical manufacturer Imexpharm in a strategic move to expand its ...
Dutch Hollow Fiber Nanofiltration Specialist to Advance Sustainable Water Solutions in Vietnam
Dutch hollow fiber nanofiltration technology specialist NX Filtration recently announced the signing of two agreements aimed at advancing sustainable water solutions in ...
Denmark’s Copenhagen Infrastructure Partners Explores Green Energy Opportunities in Vietnam
Denmark’s Copenhagen Infrastructure Partners (CIP), via its Growth Market Funds, has entered into a Memorandum of Understanding (MoU) with PetroVietnam, a leading ...
New Business Delegation from the United States Visits Vietnam
In March 2024, a large American business delegation, which includes Meta, Boeing, and wind energy company GE Vernova, visited Vietnam to seek investment opportunities with ...
Swissport International Partners with Vietnam’s Low-Cost Carrier Vietjet Air
Swiss aviation services company Swissport International AG has been selected by Vietnamese low-cost carrier Vietjet Air to provide a wide range of airport ground services. ...
Vietnam’s Dairy Giant Adopts Dual Vacuum Technology
Vinamilk, Vietnam’s largest dairy company, has introduced its latest offering, the Vinamilk Green Farm fresh milk, produced from eco-conscious farm ingredients and ...
Shell to Construct Indonesia’s Frist Grease Manufacturing Plant
Shell, an international oil and lubricant company, has begun constructing Indonesia’s first Grease Manufacturing Plant (GMP). It represents an additional investment ...
New York’s Coach Debuts Restaurant and Coffee Shop in Jakarta
New York-based brand Coach officially entered the hospitality market with the opening of the Coach Restaurant and Coach Coffee Shop in Jakarta’s Grand Indonesia Mall in ...
Venturi Partners Invests USD 25 Million in Philippine Grocery Chain
Venturi Partners, a Singapore-based growth equity firm, announced a USD 25 million investment in the expansion of global discount grocery chain DALI, marking its second ...
Japan Grants USD 770 Million Loan for the Dalton Pass East Alignment Road Project
The Philippine government has secured a loan of PHP 37 billion (USD 770 million) to fund the construction of a road project announced by the Department of Public Works and ...
KKR Commits USD 400 Million in Philippine Telecom Towers
US-based investment firm KKR is injecting USD 400 million into telco tower development in the Philippines, as confirmed by the US Department of Commerce. Through independent ...
Lufthansa Invests USD 150 Million in Clark Airport Hangar Expansion
Lufthansa Technik Philippines (LTP) has revealed plans for a USD 150 million investment to construct a second hangar at the Clark International Airport (CIA). This initiative ...
PLDT Enterprise and Charoen Pokphand Foods Join Forces to Bring Connectivity to Rural Farming
PLDT Enterprise, the corporate arm of telecommunications and digital services provider PLDT Inc., has announced a strategic partnership with Charoen Pokphand Foods ...
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