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’s Foreign Investment Soars 35% in Q1 2025
Vietnam attracted nearly USD 11 billion in foreign investment in the first quarter of 2025, marking a 35% increase year-on-year, according to the Ministry of Planning and ...
SUEZ and Sonadezi Launch Joint Venture to Deliver Environmental Solutions at Vietnam’s Largest Industrial Park
SUEZ has entered into a strategic joint venture with Sonadezi, a state-owned Vietnamese industrial park developer, to provide integrated environmental solutions at Chau Duc ...
Vietnam Targets USD 10 Billion Pharmaceutical Market by 2026
Vietnam’s pharmaceutical industry is experiencing robust growth, with its market size projected to reach $10 billion by 2026, up from USD 2.7 billion in 2015 and USD 7 ...
French Firm IDEMIA Partners with NAPAS to Advance Digital Payments in Vietnam
French technology company IDEMIA Secure Transactions (IST) has entered into a strategic partnership with Vietnam’s National Payment Corporation (NAPAS) to enhance the ...
Vietnam Opens First Smart International Container Terminal in Hai Phong
Vietnam has inaugurated its first privately developed smart international container terminal, the Hateco Hai Phong International Container Terminal (HHIT), marking a ...
Brazil’s JBS to Invest USD 100 Million in Two Meat Processing Plants in Vietnam
Brazilian meat processing giant JBS S.A. has announced a USD 100 million investment to establish two meat processing facilities in Vietnam, marking a significant expansion of ...
Vietnam Unveils USD 136 Billion Plan to Expand Power Capacity by 2030
Vietnam has announced an ambitious plan to increase its total installed power generation capacity to between 183 and 236 gigawatts by 2030, up from over 80 GW at the end of ...
AEON Vietnam Breaks Ground on USD 47 Million New Shopping Mall
Japanese retail giant AEON Vietnam has commenced construction on a new shopping center in Hai Duong province, marking its continued expansion in Vietnam. With an investment ...
AirTrunk Establishes Malaysia’s Largest Recycled Water Initiative for Data Centers
Asia Pacific & Japan-based hyperscale data center operator AirTrunk has partnered with Johor Special Water (JSW), the state-owned water utility of Johor, to implement a ...
Shizen Malaysia and Local Partners Secure MIDA Green Incentive for Kedah Solar Project
Japanese renewable energy developer Shizen Malaysia Sdn Bhd, a subsidiary of Shizen Energy Inc., along with its Malaysian partners Solarvest Holdings Berhad and HSS ...
Malaysia Finalizes Free Trade Deal with Iceland, Liechtenstein, Norway and Switzerland
Malaysia and the European Free Trade Association (EFTA), comprising Iceland, Liechtenstein, Norway, and Switzerland have successfully concluded negotiations for the ...
UAE’s Bin Zayed International Invests USD 500 million Sustainable Aviation Fuel Refinery in Malaysia
UAE-based Bin Zayed International Group (BZI) and Malaysia’s FatHopes Energy (FHE) have announced a landmark partnership with a MYR 2.19 billion (USD 500 million) investment ...
US’s Pursell Agri-Tech Launches Advanced Fertilizer Coating Facility in Malaysia
Alabama-based Pursell Agri-Tech has joined forces with Wastech Group, a Malaysian leader in integrated agricultural and landscaping solutions, to establish a fertilizer ...
A Multi-Specialty Tertiary Medical Center to Be Developed in Malaysia
Putrajaya Holdings Sdn Bhd, the master planner of Malaysia’s administrative capital, has collaborated with Sunway Healthcare Holdings Sdn Bhd, the healthcare division of ...
Malaysia Unveils National Blockchain Infrastructure to Drive Cross-Sector Innovation
MIMOS Berhad, Malaysia’s national applied R&D center under the Ministry of Science, Technology and Innovation (MOSTI), has partnered with MY E.G. Services Berhad (MYEG) ...
Malaysia Builds USD 105 Million Inland Port to Boost Trade with China and Thailand
Malaysia is developing a new inland port in the northern state of Perlis with an investment of MYR 492 million (USD 105 million) to strengthen trade and regional rail ...
Audi Expands ASEAN Footprint with New Assembly Plant in Malaysia
Audi has officially resumed vehicle production in Malaysia, beginning with the local assembly of its flagship Q7 SUV at the DRB-HICOM plant in Pekan, Pahang state, marking ...
Malaysia’s Value Retailer Eco-Shop Sets USD 1.6 Billion IPO to Accelerate Regional Expansion
Eco-Shop Marketing Bhd, among Malaysia’s fastest expanding and biggest value retail chains, is gearing up to go public on Bursa Malaysia, marking what is expected to be the ...
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