Nordic News, Business and Life in Asia
Fine Scandinavia operates as a trusted, versatile provider for industrial metal solutions (including warehouse trolleys, roll containers, and industrial workstations etc.) alongside quality mixed-material residential furniture. Vietnam-based, this Swedish-founded manufacturer …
What Happens When a Metal Manufacturer Moves Beyond Material Handling Read More
Danish-born David Tuan Anh Nguyen is NordCham Vietnam’s new Executive Director (ED). Introducing him also allows getting an update on this chamber of commerce’s focus and activities. Vietnam is today …
Strengthening the ‘Nordic Voice’ the highest priority for NordCham Vietnam and its new Executive Director Read More
A delegation of Nordic companies will this week take part in a coordinated industrial mission to Thailand organised by the Thailand Board of Investment (BOI) office in Stockholm in connection …
Thailand’s BOI office in Stockholm expands Nordic industrial outreach Read More
There has undoubtedly never before been a more vibrant time for Swedish-Vietnamese trade relations than now. Swedish investments into Vietnam, paired with various bilateral collaborations, are at an all-time-high, and …
Modernising the heritage and deepening the trade relationship key goals for Swedish Ambassador Johan Ndisi Read More
‘Zero’ as concept is very much on the agenda for Corporate Affairs & Sustainability Director Pearl Lai and the entire nine-man strong corporate and sustainability communications team within Carlsberg Malaysia. …
20 years as communications expert with Carlsberg Malaysia, and new Dancham Chairperson: Pearl Lai Read More
Swedish truck maker Scania has inaugurated its new €2 billion factory in Rugao, China — the company’s largest overseas investment. In an interview with China Daily, Christian Levin, president and …
Scania CEO sees China as key to solving global production bottlenecks Read More
Danish jewellery brand Pandora is exploring strategic changes to its business model in China following a significant decline in sales, according to a report by Reuters. Since 2019, Pandora’s revenue …
Pandora considers restructuring strategy in China as sales decline Read More
A delegation of Nordic companies, including prominent names in retail, logistics, and sustainable production, will take part in the Vietnam International Sourcing 2025 event from 4 to 6 September in …
Nordic retailers and logistics firms to attend Vietnam International Sourcing 2025 Read More
The Thai-Norwegian Chamber of Commerce (TNCC), in cooperation with the Joint Foreign Chambers of Commerce in Thailand (JFCCT), will host an upcoming networking event titled “Automate or Be Automated – …
Thai-Norwegian Chamber co-hosts AI networking event for entrepreneurs Read More
During his recent high-level visit to China, Danish Minister for Foreign Affairs Lars Løkke Rasmussen visited Danfoss’ factory in Tianjin to mark 75 years of diplomatic relations between Denmark and …
Danish foreign minister visits Danfoss factory in Tianjin during China trip Read More
Denmark reaffirmed its support for the Philippines’ ambition to become a global leader in shipbuilding during a virtual seminar co-hosted with the Philippine government on revitalizing the country’s maritime industry. …
Denmark supports Philippines in revitalizing shipbuilding industry Read More
Danish jewellery giant Pandora, which manufactures most of its products in Thailand, reported an 11% increase in like-for-like sales in the United States in the first quarter of 2025, according …
Danish Pandora reports strong Q1 growth in US Read More
The Embassy of Denmark in the Philippines, in collaboration with the Philippine Department of Transportation and the Anti-Red Tape Authority, is set to co-host a virtual seminar titled “Revitalizing Philippine …
Denmark to co-host virtual seminar on revitalizing Philippine shipbuilding industry Read More
The LEGO Group (Denmark) inaugurated on 9 April 2025, in collaboration with the People’s Committee of Binh Duong Province, officially the LEGO Manufacturing Vietnam plant at the VSIP III Industrial …
LEGO Inaugurates $1.3 Billion Manufacturing Plant in Binh Duong, Vietnam Read More
A new strategic initiative spearheaded by the Danish Embassy in Malaysia has brought together major Danish companies to advance the green agenda in the country. The initiative, called the Green …
Danish companies in Malaysia unite to accelerate green transition Read More
Pandora’s crafting facilities in Thailand experienced only minimal impact from today’s earthquake in Myanmar. All employees are reported safe, and initial assessments indicate only minor damage to buildings, Pandora informs. …
Pandora reports minimal impact from earthquake in Thailand Read More
Jotun, a global leader in paints and coatings, has been awarded the prestigious Norwegian Export Award 2025. This accolade recognizes Norwegian companies that have successfully created value in Norway through …
Jotun Honored with Norwegian Export Award 2025 Read More
Finnish Minerals Group and Beijing Easpring Material Technology have announced the start of construction of a cathode active material (CAM) plant in Kotka, Finland. The announcement was made on Wednesday …
Finnish-Chinese battery plant in Kotka moves to construction phase Read More
Kemira has announced a multi-million Euro investment to expand its production capacity at its Wellgrow manufacturing site in Thailand. According to the company, the project will enhance its position as …
Kemira expands chemical production capacity in Thailand to meet growing demand in Asia Read More
EuroCham Myanmar, in collaboration with the European Union Delegation to Myanmar, will host an exclusive Breakfast Session for European Heads of Mission and Trade Attachés on Friday 21 March 2025. …
EuroCham Myanmar to host breakfast session for EU Heads of Mission Read More
Meat producer Danish Crown said on Thursday it had closed its factory in Pinghu in eastern China, resulting in the layoff of 112 employees. The facility, established in 2019 near …
Danish Crown shuts Pingdu plant and lays off staff Read More
Norwegian apparel brand Helly Hansen has been sold to American company Kontoor Brands, known for owning Wrangler and Lee, for approximately $900 million (around 10 billion NOK). Most of Helly …
Norwegian Helly Hansen acquired by Kontoor Brands for $900 Million Read More
LEGO Group, the Danish toymaker known worldwide for its iconic plastic bricks, will in April this spring officially open its new $1.3 billion factory in Binh Duong province, southern Vietnam. …
$1.3 billion LEGO factory in Vietnam to open in April Read More
Finnish electronics manufacturing services (EMS) provider Scanfil is expanding its operations in Malaysia with a EUR 4.3 million investment in its Johor Bahru facility. This move follows the company’s acquisition …
Scanfil expands production in Malaysia to meet growing demand Read More
Auto giant Volvo launched a new facility in Singapore on January 22 to support its goal of becoming a fully electric carmaker and a leader in technology. Specifically, the Volvo …
Volvo opens tech hub in Singapore Read More
In a groundbreaking development, Chinese electric vehicle (EV) manufacturer BYD has surpassed Tesla in revenue for the first time in a single quarter. As the race for dominance in the …
BYD surpasses Tesla in revenue amidst new tariffs in Europe and USA Read More
The competition among Chinese electric vehicle (EV) manufacturers has intensified in Denmark, with brands like Xpeng and BYD vying for prominence in the Danish market. According to consumer economist Ilyas …
Competition among Chinese Electric Vehicles grows in Denmark Read More
Swedish company Assa Abloy Group has launched a new $30 million factory in Hai Phong, Vietnam. As a leader in entrance automation and door control, the company plans to export …
Swedish company Assa Abloy opens $30 million factory in Vietnam Read More
The European Commission has rejected proposals from Chinese electric vehicle (EV) makers to adjust their prices in an attempt to avoid steep tariffs. The tariffs follow a months-long investigation led …
EU rejects Chinese EV price adjustments, raising trade tensions Read More
Several Chinese electric vehicle (EV) manufacturers are moving production to Europe. This is in response to the European Union’s increased import tariffs on EVs made in China. The EU’s new …
Chinese EV manufacturers shift production to Europe in response to EU tariffs Read More
Southeast Asia to overtake China in gross domestic product (GDP) and foreign direct investment (FDI) over the next 10 years, according to the “Navigating High Winds: Southeast Asia Outlook 2024 …
Southeast Asia to overtake China in GDP and FDI over the next 10 years Read More
– Streamlines processes and industry 4.0 adoption; enables green manufacturing, efficiency, and production improvements Virtual Manufacturing (VM) in Thailand is now an established Swedish-Thai lean consultant facilitating and spearheading Smart …
Virtual Manufacturing: Lean production facilitators Read More
The Swedish company Electrolux, mostly known for creating Swedish home appliances, will shut down their regional headquarters in Singapore in May 2024. It has been stated by sources that this …
Electrolux regional HQ in Singapore announces shutdown Read More
’Pioneering the possible’ is what Business Sweden (BS) is doing in Malaysia, under the new leadership (since 2022) of Trade Commissioner Emma Broms. Post covid-19 she is very optimistic about …
Emma Broms, Business Sweden Malaysia: Great optimism, towards green transition Read More
Singapore-based solar manufacturer REC has closed its two polysilicon production facilities in Norway. The Singapore-based manufacturer ceased operations in Kristiansand and Porsgrunn due to the Norwegian production being financially unsustainable. …
Singapore-based REC closes Norwegian facilities Read More
Finnish clothing brand Marimekko launched its first shop in Malaysia yesterday on 19 October, 2023. The Embassy of Finland in Kuala Lumpur joined the celebration of the opening in the …
Marimekko launches its first shop in Malaysia Read More
The Ministry of Science and Technology has issued a certificate for the British-Swedish pharmaceutical company’s production technology and packaging process to be transferred to a company in Vietnam. AstraZeneca is …
AstraZeneca is transferring production technology to Vietnam Read More
Chinese battery-materials maker, Ningbo Shanshan Co. Ltd., has shared that the company is planning to invest up to 1.28 billion euros in a new plant in Finland. The project is …
Chinese battery-materials maker invests in Finnish factory Read More
Indonesian vaccine manufacturer Bio Farma has formed a 10-year partnership with The Coalition For Epidemic Preparedness Innovations (CEPI) in Norway to boost the manufacturing of outbreak vaccines. As a response …
Norway and Indonesia in new vaccine partnership Read More
The Danish toy company, LEGO, recently celebrated its planting of 50,000 trees at its factory in Binh Duong province, Vietnam. The factory which has been under construction since November last …
LEGO plants 50K trees at its factory in Binh Duong of Vietnam Read More
The European manager of Chinese PTL told SVT on Tuesday, September 5, that they are holding discussions with a local party about another factory in Torsboda, Sweden. You Han, the …
Chinese PTL is planning another factory in Sweden Read More
Lindström, the Finnish textile manufacturer, has continued its investment in China. The company recently opened a cleanroom laundry for the electronics industry in Tianjin. Tianjin is the seventh largest city …
Finland-based Lindström opens cleanroom laundry in China Read More
The CEO of Swedish-Swiss multinational robotics firm ABB, Bjorn Rosengren, said he has been “disappointed” by the state of the Chinese market. Rosengren then added, that he had expected conditions …
Swedish ABB is challenged by current situation in China Read More
Swedish fashion retailer, H&M, has announced that the company will gradually stop sourcing from Myanmar. This is as reports of labor abuses in garment factories in the country is increasing. …
H&M will ‘phase out’ sourcing from Myanmar Read More
Finnish Minerals Group and Beijing Easpring has agreed on a joint venture to establish a production facility for cathode materials. The production will be set up in the Finnish city …
Finnish Minerals and Beijing Easpring plans for joint cathode materials production Read More
The global leading pump manufacturer based in Denmark, Grundfos, celebrated its 30th anniversary of operations in Thailand on 9 June 2023. “Over the past three decades, Grundfos has expanded its …
Grundfos Thailand celebrates 30 years as global leader in advanced sustainable water solutions Read More
IndustriAll has called out the Swedish fashion group for continuing to source from Myanmar despite the country’s humanitarian crisis brought on by the military coup. IndustriAll said that H&M’s responsible …
H&M criticized for continuing Myanmar sourcing Read More
Shanghai-listed Putailai (PLT) is is investing $1.3bn in a Swedish factory. The factory will be Europe’s largest factory for manufacturing anodes, a crucial part of the batteries that go into …
Chinese company to build Europe’s largest anode factory in Sweden Read More
Managing a manufacturing business’s inventory can be one of the most difficult tasks any industry faces. With so many varying products and materials to keep track of, it’s essential to …
Top 4 Most Effective Inventory Management Systems for the Manufacturing Industry Read More
The Danish audio and video equipment firm, Bang & Olufsen reported a drop of its shares 11% lower by 1513 GMT after disappointing sales in China in the third quarter …
Danish Bang & Olufsen shares drop after disappointing China sales Read More