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NEWS TAGGED ASEAN
Wednesday 26 May 2021
Taiwan at the crossroads: China-free or China+?
Global supply chain restructuring that is being accelerated by the US-China trade war and the COVID-19 pandemic gears toward two directions in view of geopolitical factors: "China+1"...
Tuesday 25 May 2021
Vietnam province locks down industrial zones amid pandemic
With COVID-19 resurging in northern Vietnam, the country's Bac Giang Province has announced to lock down four of its six industrial zones to prevent the spread of the disease, according...
Wednesday 19 May 2021
Vingroup reports staggering growth in 1Q21 earnings
Vietnam-based conglomerate Vingroup has reported net profits of VND2.1 trillion (US$90.84 million) for the first quarter of 2021, up 5-fold on year thanks to strong sales from its...
Friday 14 May 2021
Manufacturers renewing production relocation to Southeast Asia
A new wave of production regionalization is emerging with electronics manufacturers stepping up relocation from China to Southeast Asian countries, mainly Thailand, Vietnam and the...
Wednesday 12 May 2021
PCB maker Apex to see new plant come online starting July
Taiwan-based PCB maker Apex International, with main manufacturing operations in Thailand, expects to see its new plant come online starting July, with capacity at all its three plants...
Monday 10 May 2021
Chicony Electronics starts production at Thailand plant
Keyboard and compact camera module (CCM) maker Chicony Electronics has disclosed it has begun production at a new plant in Thailand, with capacity to increase from 60% of the designed...
Wednesday 5 May 2021
Thailand car sector exports up 43.11% on year in March
Thailand saw exports for automobiles and automotive components grow 43.11% on year in March and 23.76% in first-quarter 2021, according to local media reports.
Wednesday 5 May 2021
South Korea ranks third in Indonesia 1Q21 FDI
South Korea became the third largest origin country in terms of direct foreign investment (DFI) in Indonesia in first-quarter 2021, during which Hyundai Motor began construction of...
Tuesday 4 May 2021
Samsung sees profit drop in Vietnam in 2020
The four major subsidiaries of Samsung Electronics in Vietnam garnered revenues of US$63.25 billion in 2020, decreasing 4% from a year earlier, with their combined earnings sliding...
Tuesday 4 May 2021
PV power fast developing in Singapore, Vietnam
Establishment of floating PV power stations and rooftop systems is booming in Singapore and Vietnam, according to local media reports.
Monday 26 April 2021
Vietnam firms step up recruitment
Around 50% of enterprises in Vietnam are looking to hire more employees in 2021, according to surveys conducted by Michael Page Vietnam's Global Talent 2021 Report.
Thursday 22 April 2021
Malaysia invites telecom equipment vendors to 5G bidding, says report
Digital Nasional Berhad (DNB) under Malaysia's Ministry of Finance has invited Ericsson, Huawei, ZTE, Cisco, NEC, Nokia, Samsung Electronics and FiberHome to participate in the bidding...
Wednesday 21 April 2021
Singapore can be springboard into ASEAN, says Singaporean trade representative in Taipei
Singapore is well-known for its services and finance sectors, but there is much more to the economy of the Southeast Asian country, which is keen on expanding its manufacturing and...
Wednesday 21 April 2021
Vietnam exports to EU hit US$10 billion in 1Q21
Exports from Vietnam to the EU experienced an 18% on-year growth to reach nearly US$10 billion in the first quarter of 2021, according to a report citing data from the Vietnamese...
Monday 19 April 2021
Vietnam sees growing exports of electronics
Vietnam's output from the electronics, PC and optical product sector increased 12.3% in value on year in first-quarter 2021, according to the country's Ministry of Industry and Tra...