Vietnam has the highest number of people shopping on e-commerce platforms in the Southeast Asia region with some 49.3 million people, according to the E-commerce White Book 2021 released by the Vietnam E-Commerce and Digital Economy Agency (IDEA).
Vietnam will emerge in 2022 as the third largest startup ecosystem in Southeast Asia, with stronger signs of venture capital (VC) funds putting more efforts into early-stage investments in the country, according to a new report by venture capital (VC) firm Golden Gate Ventures.
Surging coronavirus cases in Southeast Asia, in such countries as Malaysia and Indonesia, have started affecting the supply chains of Japanese companies, with the possibility of regional production disruption becoming more real, the Kyodo news agency reported.
Indonesia recorded a daily spike of 25,830 COVID-19 cases on July 2, while Cambodia decided to suspend the operation of the Olympic Market in Phnom Penh to prevent the spread of the epidemic.
The International Finance Corporation (IFC) is providing a 40 million USD loan to the Southeast Asia Commercial Joint Stock Bank (SeABank) to support local businesses and help them make a resilient recovery after the COVID-19 pandemic, the member of the World Bank Group said on June 28.
Vaccine producer AstraZeneca affirmed on June 28 that it is on schedule to meet its commitments to supplying COVID-19 vaccine for Southeast Asia, after some initial delays in regional production and delivery.
The Southeast Asia-Pacific Audiovisual Archive Association (SEAPAVAA) convened its 25th conference in both in-person and virtual forms in Hanoi on June 23 under the host of the Vietnam Film Institution.
Cambodia's Ministry of Health said on June 18 that the country recorded 799 new cases of COVID-19 in the last 24 hours, of which 702 are infections in the community.
Australia is looking to recruit Southeast Asian farm workers as the pandemic and a new free-trade deal with the UK exacerbates labour shortages in the nation’s 66 billion AUD (51 billion USD)-a-year agriculture industry, Bloomberg reported.
An EU-funded project called “Southeast Asia Health Pandemic Response and Preparedness” was officially launched on June 2 by EU High Representative for Foreign Affairs and Security Policy/Vice President of the European Commission Josep Borrell and ASEAN Secretary General Dato Lim Jock Hoi.
BC Card, a Republic of Korea-based credit card issuer, has acquired 100 percent stake of Vietnamese point of sale (POS) terminal provider Wirecard Vietnam in a bid to expand its foothold in Southeast Asia.
Vietnam, along with Thailand, is considered the first choice for suppliers based in Taiwan (China) planning to move into Southeast Asia to address increasing capacity demand, Digitimes Asia has reported.
Electricity output at the Hoa Binh Hydropower Plant hit 250 billion kWh at 2.05am on May 25, affirming its important role in ensuring the country’s energy security.