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.
Monsoon Tea offers forest-friendly tea of different flavors that are grown and harvested in Northern Thailand. The choices are varied from the classic pure tea products to its unique blends …
Stock up some forest-friendly Monsoon Tea as days get shorter Read More
Last Friday, the Strategic Sector Cooperation (SSC) on Statistics from Denmark visited Vietnam. The aim of the visit was to ‘leverage administrative data from the Ministry of Justice (MOJ) database …
Tea enhances collaboration Read More
The Vietnam Meteorological and Hydrological Administration (VNMHA) and Norwegian Meteorological Institute (NMI) have signed an MOU on developing weather forecasts and climate services for the 2024-2028 period. The cooperation marked …
Norway and Vietnam marks 10-year climate cooperation Read More
The latest Asia-Pacific exhibition of a world-class luggage and travel bag brand, Samsonite, was presented in Singapore at the start of November 2023. It was titled “Destination Samsonite: Voyaging Through …
Asia-Pacific exhibition “Destination Samsonite: Voyaging Through Time” presented in Singapore Read More
PETA Asia is claiming that Swedish H&M is implicated in supporting the down industry. The accusation is based on a recent 13-month-long investigation. PETA claims that H&M sources down jackets …
H&M accused of unethical jacket production in Vietnam Read More
Thailand has secured the title of ‘Best Affordable Long-haul Destination’ in the Travel Great RES Prize Destination 2024 awards. The award is organized by RES and Travel News, a leading …
Thailand named ‘Best Affordable Long-haul Destination’ by Swedish travel magazine Read More
Volvo Cars experienced a significant drop in its shares, falling approximately 13% to a historic low, following the sale of a portion of its stake by its major shareholder, Geely. …
Volvo shares crashed to all-time low due to Chinese Geely selling stocks Read More
Thai Vietjet is expanding its international flight network in response to Thailand granting visa-free travel to Chinese nationals. Starting December 6, 2023, the airline will introduce new daily flights between …
Thai Vietjet adds flights to China Read More
H&M is set to launch a new party collection in collaboration with the renowned Danish fashion brand Rotate Birger Christensen. The Danish fashionista brand is famous for its coveted party …
H&M to Collaborate with Danish Rotate Birger Christensen Read More
Norwegian Ole Petter Høie, an experienced entrepreneur on his third startup, is currently exploring the intersection of gaming and education with gamified history lessons under the name “The History Challenge.” …
Norwegian is revolutionizing history education from Bali Read More
Volvo Car AB is strategically entering the Chinese luxury market with its premium battery-powered minivan, The EM90. Marketing it as a mobile Scandinavian “living room,” the van is priced at …
Volvo targets Chinese luxury segment with new model Read More
In 2005, the story of Minh Graphic began as An Phu Design, a Vietnamese-founded company with a vision for creative communication. Over the years, Minh Graphic has undergone a significant …
Minh Graphic: Vietnamese-Danish Graphic Design Company is bridging cultures through their design Read More
Swedish electric vehicle maker Polestar expects to enhance the technological cooperation with China, said CEO of Polestar, Thomas Ingenlath, in an interview with Xinhua on 9 November, 2023. He said …
Swedish Polestar expects more Chinese cooperation Read More
Anglo-Swedish drug company AstraZeneca announced that it signed a licensing agreement with Eccogene, a Chinese firm for oral medicines which will treat diabetes and obesity on Thursday, 9 November 2023. …
AstraZeneca signs agreement with Chinese firm for oral obesity drug Read More
Hexagon AB, the Swedish multinational corporation for metrology and geo-analytics, planned to continue increasing its investment in the Chinese market, said Aime Alexandre, the firm’s vice-president for global marketing and …
Swedish company of innovation Hexagon AB plans to continue increasing investment in China Read More
Tiina Alahuhta-Kasko, President and CEO of Marimekko said in a recent press release reporting the company’s growth that Asia and Scandinavia are the company’s main focus in its current strategy …
Marimekko ensures Asia and Scandinavia as its main markets Read More
The Finnish design house, Marimekko, experienced a notable 13 percent growth in sales within the Asia-Pacific region in the third quarter of fiscal year 2023. The Asia-Pacific’s is Marimekko’s second-largest …
Finnish Marimekko experienced an increase of 13 percent in sales within the Asia-Pacific Read More
The Danish toy giant, LEGO Group, released four new toy sets on Monday, November 6, during the sixth China International Import Expo (CIIE). LEGO Group has participated in the CIIE …
LEGO has released new toy sets at CIIE inspired by Chinese culture Read More
Danish LEGO Group has made its travel retail debut in Singapore by opening two new stores at Changi Airport. The new LEGO Airport Stores are located at Terminal 3 and …
LEGO Group opens two shops at Changi Airport in Singapore Read More
The Swedish fast fashion giant, H&M, unveiled a China design hub at the China International Import Expo (CIIE) in Shanghai, this week. The initiative aims to enhance the localization of …
H&M launches Chinese design hub at CIIE Read More
Thai fashion retailer, Jaspal Plc, secured the rights to import and distribute products of the Finnish brand Marimekko in Vietnam and Malaysia. It also was appointed to handle the import …
Thai fashion house Jaspal secures rights to import and distribute Marimekko and others Read More
During the ongoing China International Import Expo (CIIE), a senior executive from Danish Arla Foods stated, that despite market fluctuations, China continues to be the largest infant formula market globally. …
Danish Arla committed to Chinese infant formula market Read More
“China is a very important partner for Denmark and Danish companies. The two countries will see increased trade and cooperation in the future,” said Jacob Jensen, Denmark’s minister for food, …
Danish minister focusing on further cooperation with China Read More
The Norwegian seafood industry has expanded its presence in the Chinese market through the China International Import Expo (CIIE). This is according to Andreas Thorud, the director for China and …
Norwegian seafood expands in the Chinese market via CIIE Read More
Nordlaks sent its first shipment of salmon directly to Asia by flight from Evenes in Norway, On Tuesday, November 7. The Norwegian company has stated, that they will continue to …
Nordlaks sends salmon to Asia by direct flight Read More
Laos is planning to boost its wood businesses and wood exports to markets of the European Union (EU) countries. Following the attempt, a workshop addressing guides on high value-added wood …
Laos plans to boost wood export to EU markets Read More
Chef Nilas Corneliussen, Swedish/Danish (mother Danish/father Swedish). Came to Thailand to do Thai boxing, was forced to stop due to an injury. Studied economy at The University of Bangkok. Was …
Chef Nilas at Villa Franzén Read More
Norwegian oil company Aker BP and construction firm Aibel held the first steel cutting ceremony for the Munin platform in Thailand. A platform which is being built for the Yggdrasil …
Steel cutting ceremony in Thailand for Norwegian platform Read More
Southeast Asian SME digital finance platform, Funding Societies, secures US$7.5 million in debt funding from Norfund. A Norwegian Development Financial Institution (DFI). This marks the first debt transaction done by …
Norway funds Southeast Asian enterprises Read More
Japanese Sapporo Breweries will team up with Danish Carlsberg Group to sell its alcoholic beverages in both Hong Kong, Malaysia and Singapore. The target is to annually sell the equivalent …
Sapporo and Carlsberg team up in Southeast Asia Read More
Scandinavian Airlines (SAS) launched direct flights from Copenhagen, Denmark to Bangkok, Thailand after a ten-year absence. “Thailand and the Scandinavian countries have a long history of friendship and cooperation and …
Scandinavian Airlines resumes direct flights between Copenhagen and Bangkok Read More
Malaysian cybersecurity company LGMS Bhd has signed a partnership agreement with Finnish likeminded company WithSecure to develop cybersecurity solutions. Specifically for local small and medium enterprises (SMEs) in Malaysia. The …
Malaysia partners with Finland to develop cybersecurity Read More
Chinese telecommunication corporation, Huawei, launched a new Health Lab in Helsinki, Finland to serve as a research platform for the company’s health and fitness sector. The laboratory is equipped with …
Huawei develops new Health Lab in Finland Read More
Last week, the Swedish Development Finance Institution Swedfund visited Hanoi to look for ways to optimize collaboration with Vietnamese counterparts, focusing on green transition. A highlight from the visit was …
Swedfund visited Hanoi Read More
Joint energy venture between Aboitiz Power Corp. and Norwegian Scatec, SN Aboitiz Power Group (SNAP), said it aims to continue adopting sustainable practices to help reduce impacts of climate change. …
Filipino-Norwegian firm SNAP reduce impacts of climate change Read More
Norwegian medical company, Somamed AS, has had an increase in its annual sales by 450% since they moved its production to Vietnam, the Norwegian Embassy in Hanoi writes on Facebook. …
Norwegian ‘Rhino Horns’ increase in sale after partnership with Vietnam Read More
The Swedish furniture retailer IKEA will open its new branch, “IKEA Sukhumvit” under the “City-Center Store” concept at Sukhumvit, Bangkok, Thailand on the first of December 2023. The new store …
IKEA to open new branch at Sukhumvit of Bangkok in December Read More
The world’s friendliest indoor activity park ‘Superpark’ has come to the Philippines. Originated from Finland, the park was invented by Taneli Sutinen whose daughter would encourage her dad to come …
Finnish famous indoor activity park has come to the Philippines Read More
China has become the biggest Asian market for Norwegian salmon, surpassing Japan and South Korea for the first time ever this year, according to Yicai Global. Norway exported NOK5.6 billion …
China becomes No.1 Asian market for Norwegian salmon Read More
The beginning of October marked a remarkable milestone in the Danish health collaboration with the Vietnamese Ministry of Health and Thai Binh Province, as they have put together a training …
New Danish-Vietnamese health training programme settled Read More
Last week, Ann Måwe, Swedish Ambassador to Vietnam, visited Son La & Dien Bien provinces on a field trip. The trip was with The International Council for Research in Agroforestry …
Swedish Ambassador to Vietnam on field trip in Dien Bien Phu Read More
The Danish Embassy in Thailand is hosting a visit by the Danish Environmental Protection Agency (Miljøstyrelsen) to advance collaboration on the bio-circular-green agenda. On Wednesday 25 October 2023, the Danish …
Danish visit to strengthen Thai circular economy Read More
Norwegian telecom company Telenor reported that its earnings in the third-quarter reached above expectations due to growing mobile service revenue and lower energy prices in the Nordics. “The third quarter …
Telenor reports “solid growth and earnings” in third quarter Read More
Thailand’s four-year national innovation plan of Srettha Thavisin’ government is set to elevate the country’s technology and innovation sectors and increase more numbers of startups, beginning in 2024. Thailand aims …
Thailand plans to elevate technology sector and increase numbers of new startups Read More
In the heart of Bali, hidden away from the hustle and bustle of modern life, lies an oasis that defies the ordinary. Originally envisioned by Swedish Magnus Falk as a …
Unveil the mysteries of Bali in Swedish owned Nandini Jungle Resort and Spa Read More
Malaysia got its first energy storage system for electric car charging stations last week, with some help from the Norwegian company Pixii, who provides complete systems that transfer energy from …
Malaysia gets its first energy storage systems from Norway Read More
Singapore-based insurance technology (Insurtech) company, Bolttech announced its partnership with the Swedish telecommunications service provider based in Sweden, Three Sweden to assist customers with device protection solutions on Monday, 23 …
Singaporean insurtech partners with Swedish telecom firm to elevate device protection Read More
Finnish concrete and composite structures supplier Peikko opened a new factory in Johor Bahru, Malaysia, on 18 October 2023. In a press release, Peikko stated it was honored to have …
Finnish concrete supplier Peikko opens factory in Malaysia 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
Singapore Airlines (SIA) has launched a new campaign offering customers a discount on more than 170,000 tickets from Singapore to 71 destinations. The discounts are valid for many flights taking …
Discount on 170,000 SIA tickets in November Read More