Nordic News, Business and Life in Asia
Follow the latest business developments connecting the Nordic countries
with Asia. ScandAsia covers companies, investment, trade, technology,
energy, manufacturing and new opportunities across the region.
Planning to live, work or do business in Thailand? Expat Guide Thailand provides practical information for expatriates, while EuroThaiLink introduces Thai businesses to European products, technology and industrial machinery.
Lao Brewery Company (LBC), majority-owned by Denmark’s Carlsberg Group, remains optimistic as Laos’ economy slows and its currency weakens. The brewer behind the iconic Beerlao continues to expand production and …
Danish-led Lao Brewery thrives despite slowing economy Read More
On Friday 18 October, the Embassy of Denmark in China joined THORNICO and Ovodan Egg Group in celebrating the official opening of Ovodan’s fourth factory in the town of Ziyang, …
Ovodan opens fourth factory in China with Danish support Read More
Swedish textile technology company imogo is preparing to showcase its sustainable spray-dyeing innovation at ITMA Asia + CITME 2025 in Singapore from 28–31 October. The presentation follows major developments in …
Swedish imogo to showcase water-saving dyeing tech in Singapore Read More
Ericsson’s reliance on the US market has grown to about 43% of year-to-date revenues, but third-quarter US sales fell 17% to roughly SEK 22.5 billion (about 2.4 billion$). The Swedish …
Ericsson faces US revenue slump and China risk Read More
Investing in the stock market is like riding a roller coaster, with exhilarating highs, stomach-churning lows, and unexpected twists keeping both newcomers starting out with a stock simulator and seasoned …
What Is the October Effect? Read More
Singapore’s Land Transport Authority (LTA) will enhance video surveillance across more than 50 train stations using Nokia’s IP/MPLS and fiber Optical LAN, deployed in partnership with Hitachi Rail. The upgrade …
Singapore LTA to upgrade rail CCTV network with Finland’s Nokia solutions Read More
Danish variety retailer Flying Tiger Copenhagen has opened three locations in Thailand, offering lifestyle and home products designed in Denmark. The brand’s first Thailand store opened at EMSPHERE in Bangkok …
Flying Tiger Copenhagen opens three stores in Thailand Read More
The Phillipine Star reports that, Philippine conglomerate Ayala Corporation has entered into a new partnership with Swedish home furnishing giant IKEA, hinting at an upcoming project “to bring something exciting …
Assembling success: Ayala and IKEA join forces in the Philippines Read More
Finland will join more than 130 countries at ITB Asia 2025, Asia’s leading travel trade show, taking place at Marina Bay Sands in Singapore from October 15–17. The event, officially …
Finland to spotlight sustainable tourism at ITB Asia 2025 in Singapore Read More
Philippine Entertainment Portal reports that Filipino publicist and businessman Josh Yugen has been appointed as the new national director of Miss Universe Sweden, marking the country’s return to the global …
Filipino director Josh Yugen takes over Miss Universe Sweden franchise Read More
The Embassy of Denmark in Vietnam is hosting two public talks titled “The Future of Fashion: A Conversation on Sustainability”, one in Hanoi on Friday 17 October 2025 and another …
Denmark promotes sustainable fashion dialogue in Vietnam Read More
Danish renewable-energy developer Ørsted has announced plans to reduce its global workforce from around 8,000 to about 6,000 employees by the end of 2027, citing a need to align staffing …
Ørsted to cut 2,000 jobs globally – impact in Asia uncertain Read More
Finland’s expertise in waste-to-energy and Malaysia’s growing capacity for carbon storage could form the basis for deeper collaboration between the two countries in carbon capture and storage (CCS) technology, reports …
Finland and Malaysia explore carbon capture cooperation Read More
Swedish home appliance manufacturer Electrolux showcased its sustainability ambitions at the SX Sustainability Expo 2025 in Bangkok, reaffirming its target of reaching net-zero carbon emissions across its entire value chain …
Sweden’s Electrolux highlights sustainability goals in Thailand Read More
Swedish electric vehicle maker Polestar, backed by China’s Geely Holding Group, recorded a 16.8% year-on-year sales increase in Germany last month, according to data from the Federal Motor Transport Authority …
Swedish design, Chinese power: Polestar shifts into high gear in Germany Read More
The hull of Rem Offshore’s new low-emission subsea construction vessel, Rem Pioneer, has departed Vietnam for Norway, marking the next stage in its construction. According to Norwegian ship designer Skipsteknisk, …
Vietnam-built hull for Norwegian subsea vessel heads to Norway for final outfitting Read More
Swedfund, the Swedish government’s development finance institution, has invested 15$ million in a new fund that supports growing businesses in Vietnam. The fund, called Excelsior Capital Vietnam Fund II, focuses …
Sweden invests 15$ million in Vietnamese business growth fund Read More
Finland and Indonesia have signed a new memorandum of understanding (MoU) on energy cooperation to strengthen collaboration in clean and renewable energy, energy efficiency, and sustainable technologies. The agreement also …
Finland and Indonesia deepen energy cooperation through new MoU Read More
The Norwegian Embassy in Hanoi, in collaboration with Norwegian research institute SINTEF and the Vietnam National Cement Association, hosted a workshop on October 3 titled “From Pilots to Policy: Addressing …
Norway and Vietnam explore co-processing as solution to plastic waste challenge Read More
IKEA Thailand has announced that it will not sell real Christmas trees this year, citing quality concerns with the products received. In a statement released on its official Facebook page, …
IKEA Thailand cancels sale of real Christmas trees Read More
Norwegian design firm Snøhetta is playing a key role in transforming Kota Kinabalu’s historic port into a modern hub for business and tourism through the ambitious Jesselton Docklands project. The …
Norwegian architects help shape Kota Kinabalu’s new waterfront vision Read More
The head of the Danish Chamber of Commerce in China, Simon Lichtenberg, says he was surprised and pleased to receive a personal reply from Chinese President Xi Jinping after writing …
Danish Chamber of Commerce in China receives letter from President Xi Read More
Swedish electric boat manufacturer Candela has secured an order for ten electric hydrofoil ferries from Thai operator Seudamgo by Leopard Transportation Co., Ltd., which will operate routes between the mainland …
Swedish electric ferries to operate between mainland and Koh Kood Read More
As the Philippines and the broader Asia-Pacific region intensify efforts to modernize transport systems and improve road safety, Sweden reaffirmed its commitment to supporting smart, safe, and sustainable mobility. Team …
Team Sweden Calls for Safer and More Sustainable Transport Solutions in the Philippines Read More
Cambodia earned more than $408 million from bicycle and e-bike exports in the first eight months of 2025, with Denmark and Sweden listed among the main European destinations, according to …
Cambodia rides high as bicycle exports roll into Scandinavia Read More
China has moved to curb the use of telecommunications equipment from Finnish Nokia and Swedish Ericsson by ordering that their contracts be submitted to “black box” national security reviews conducted …
China Imposes Restrictions on Nokia & Ericsson in Telecom Networks Read More
Finnish indoor air solutions company Halton Group has appointed two new Executive Vice Presidents as part of its global growth strategy. Sami Piirainen will lead Halton Foodservice, the company’s largest …
Finland’s Halton Group names new executives to drive global growth Read More
Norwegian telecom group Telenor has celebrated its 25th anniversary in Thailand, underlining its long-term commitment to the country’s digital transformation and partnership with CP Group through True Corporation. At the …
Telenor marks 25 years in Thailand with focus on digital future Read More
The seventh China–Nordic Economic and Trade Forum will take place from 14 to 16 October in Wuhan, Hubei Province, bringing together more than 30 countries and regions alongside over 200 …
China–Nordic Economic and Trade Forum returns to Wuhan in October Read More
China and Denmark are expanding their cooperation in pig farming, moving beyond trade into joint research, technology development and sustainable practices. Denmark is one of China’s main suppliers of breeding …
Oinking up trade ties: China and Denmark fatten pig farming cooperation Read More
Swedish defence company Saab and Singapore’s ST Engineering have joined forces to offer a variant of the Littoral Mission Vessel (LMV) to the Estonian Navy. The LMV, already in operation …
Sweden’s Saab and Singapore’s ST Engineering to offer Littoral Mission Vessel to Estonia Read More
Danish engineering company Semco Maritime has entered a consortium with Vietnam’s PTSC to deliver the offshore substation for Taiwan’s Formosa 4 wind project. The contract was awarded by Synera Renewable …
Denmark’s Semco Maritime and Vietnam’s PTSC will deliver Formosa 4 offshore substation in Taiwan Read More
A Chinese business delegation led by Ren Hongbin, chairman of the China Council for the Promotion of International Trade (CCPIT), visited Denmark earlier this month as part of efforts to …
China and Denmark strengthen business ties through CCPIT delegation Read More
Chinese battery giant CATL (Contemporary Amperex Technology Co., Limited) is sending 2,000 workers to Europe to construct a €4 billion electric vehicle battery plant with Stellantis, the Financial Times reports. …
China’s battery push in Europe raises questions after Sweden’s Northvolt collapse Read More
The Embassy of Sweden in Bangkok, Business Sweden, and the Thai-Swedish Chamber of Commerce will host the “Swedish-Thai Sustainable Sustainability Talk Stage and Networking Reception” on 2 October 2025 at …
Swedish leaders to speak on circular future at Bangkok Sustainability Expo Read More
Two Swedish shipping companies have recently expanded their fleets with new hybrid vessels built at Asian shipyards. The deliveries highlight growing Nordic–Asian cooperation in sustainable maritime transport. Stena Line has …
Swedish shipping companies take delivery of new hybrid vessels from Asia Read More
On 15 September, Danish Industry (DI), Denmark’s largest business and employers’ organisation, officially opened its first office in Southeast Asia, located in Ho Chi Minh City, Vietnam. The new office …
Danish Industry opens first Southeast Asia office in Ho Chi Minh City Read More
Six out of ten young Norwegians take a year or more off after finishing high school, and many use the time to travel the world. But not all are covered …
Young travelers without proper insurance run an expensive risk Read More
NordCham Vietnam has announced that the Nordic Business Awards 2025 is taking place this week, bringing together the Nordic business community in Vietnam for an evening of celebration and recognition. …
Nordic Business Awards 2025 to be held in Vietnam Read More
IKEA Malaysia has announced that all its restaurants, cafes, and bistros nationwide are now officially certified halal by the Department of Islamic Development Malaysia (Jakim). The certification follows nearly three …
IKEA Malaysia outlets receive full halal certification Read More
The Royal Norwegian Embassy in Bangkok and the Thai-Norwegian Chamber of Commerce promoted Norway’s food supplement industry at Vitafoods Asia 2025. A networking reception and ambassador-led meetings connected Norwegian biotech …
Norway highlights food supplements at Vitafoods Asia 2025 Read More
On 25 September, Nokia announced that Telin Singapore (Telekomunikasi Indonesia International Pte Ltd) has selected its optical transport solution to interconnect data centers across the city-state. The upgraded infrastructure aims …
Telin partners with Nokia to boost data center connectivity in Singapore Read More
AstraZeneca Philippines has inaugurated its new headquarters in Bonifacio Global City in Manila as the Swedish-British healthcare company marks 50 years of operations in the country. The company currently employs …
AstraZeneca opens new headquarters in Manila Read More
On 17 September, GEODIS hosted a site visit for representatives from the Thai-Swedish Chamber of Commerce (SweCham), alongside delegations from the Franco-Thai Chamber of Commerce (FTCC) and the Netherlands-Thai Chamber …
Thai-Swedish Chamber joins European delegation visit to Laem Chabang Port Read More
The Port of Gothenburg has signed a cooperation agreement with Long An International Port in Vietnam, marking a new step in strengthening trade and logistics ties between Sweden and Vietnam. …
Port of Gothenburg signs logistics agreement with Vietnam’s Long An International Port Read More
Viking Rubber, a Danish manufacturer of scandinavian-style workwear, has opened a new production facility in Vietnam. The company is known for its durable and innovative designs and is among the …
Danish Viking Rubber opens new factory in Vietnam Read More
Finnish lifestyle design house Marimekko will officially open a flagship store in Hong Kong on Thursday 16 October 2025. The new store is located on Leighton Road in Causeway Bay, …
Marimekko opens flagship store in Hong Kong Read More
Vietnam has introduced new rules requiring police approval for foreign investments in the energy, construction, and telecommunications sectors. According to the Ministry of Public Security, the measures aim to ensure …
Vietnam tightens control over energy investments Read More
This week, representatives from the Danish Energy Team in China accompanied Danish companies on a visit to Nantong to explore opportunities in the country’s green maritime sector. The delegation included …
Danish companies explore green maritime opportunities in China Read More
Malaysia’s Yinson Production has received main scantling approval from Norwegian classification society DNV for its first-ever purpose-built floating production storage and offloading (FPSO) hull design. The new design, called Meridian, …
Yinson’s FPSO hull design wins DNV approval Read More