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

Vietnam Opens Market to Irish Beef Imports
Vietnam has officially opened its market to beef imports from Ireland, marking a significant step forward in bilateral agri-food trade. The announcement was made by Martin ...

Private Conglomerates Accelerate Investments, Reshaping Vietnam’s Aviation Landscape
Vietnam’s aviation market is entering a new phase of competition as major private conglomerates accelerate investments in airports and launch new airlines, reshaping an ...

Vietnam and EU Elevate Relations to Comprehensive Strategic Partnership
Vietnam and the European Union have upgraded their relationship to a comprehensive strategic partnership, the highest diplomatic tier in Vietnam’s foreign policy framework, ...

GE Vernova Launches Vietnam’s First 9HA LNG-Fueled Power Plant
GE Vernova has announced the commercial operation of PetroVietnam Power Corporation’s Nhon Trach 3 and 4 Power Plant, marking the first HA-class gas turbine project in ...

Hanoi to Enforce Mandatory Waste Sorting and Empower Collectors to Reject Unsorted Trash
Hanoi will require households to sort their waste into three categories starting January 8 under new regulations that allow collection companies to refuse improperly ...

Vietnam Emerges as Regional Hub for AI Investment and Talent
Vietnam is rapidly positioning itself as a prime destination for artificial intelligence investment, attracting growing global interest across infrastructure, platforms, and ...

Bel Group Doubles Production Capacity in Vietnam, Establishing Strategic Hub for Asia
Bel Group has announced a EUR 16.7 million investment to expand its Vietnam production site, doubling annual capacity to 20,000 tons of Kiri and The Laughing Cow. The move ...

Vietnam Targets 100% Electronic Health Records for Citizens by 2030
Vietnam has announced an ambitious national target to provide all citizens with electronic health records (EHRs) by 2030, marking a major step in the country’s healthcare ...

Ho Chi Minh City to Launch 14 Major Transport Projects in 2026
Ho Chi Minh City is set to commence construction on 14 key transport infrastructure projects in 2026, as part of a broader plan to implement 77 priority works during the 2026 ...

Vietnam’s Retail Market Hits USD 270 Billion in 2025, Domestic Chains Maintain Dominance
Vietnam’s retail goods and services market reached an estimated VND 7,093 trillion (USD 270 billion) in 2025, marking a 10% year-on-year increase and the fastest growth in ...

US-Malaysia Agrotech Partnership Expands as Bilateral Trade Hits USD 3.34 Billion
Malaysia is deepening its strategic partnership with the United States to modernize its agricultural landscape and bolster long-term food security. Following high-level ...

Turkey and Malaysia Ink USD 443 Million Joint Venture for Strategic Malacca Shipyard
Turkish defense shipbuilder Desan has marked a major milestone by expanding into Southeast Asia with its first international facility in Malacca, Malaysia. This project ...

Malaysia Shatters Records with Historic USD 770 Billion Trade Performance
Malaysia reached an unprecedented economic peak in 2025 as total trade breached the MYR 3 trillion (USD 770.51 billion) threshold for the first time. This landmark ...

Malaysia Joins Global Low Carbon Aviation Supply Chain with New USD 500 Million SAF Facility
Malaysia has officially entered the global low carbon aviation supply chain following the inauguration of a USD 500 million (MYR 1.96 billion) sustainable aviation fuel (SAF) ...
Sarawak State to Deploy Cost-Effective CubeSat Constellations for Advanced Environmental Oversight
Sarawak is set to transform its natural resource management by adopting small-scale satellite technology known as CubeSats. The technical framework for this initiative ...

Malaysia’s Most Populous State Selangor Pioneers AI Senior Safety Monitoring
The Selangor state government is preparing to roll out an artificial intelligence powered safety monitoring system for older residents as a technologically driven response to ...

AWS and Exabytes Launch USD 1.1 Million Cloud Initiative to Bridge Malaysia’s Digital Talent Gap
Amazon Web Services (AWS) has entered into a MYR 4.3 million (USD 1.06 million) Social Impact Agreement with Exabytes to equip hundreds of Malaysians with high-demand tech ...

Cisco, Entropy Partner to Strengthen Philippine AI Infrastructure
Cisco Systems, Inc. has partnered with local technology firm Entropy Technology to accelerate the deployment of artificial intelligence (AI) infrastructure across Philippine ...
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