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.
Vietjet has launched a direct route connecting HCMC to Jakarta, Indonesia, on Saturday, August 5. This is the airlines third direct service between Indonesia and Viẹtnam. With seven flights per …
Vietjet launches direct flight between Ho Chi Minh City and Jakarta Read More
The Norwegian Seafood Council held a special meeting featuring the Norwegian Ambassador to Vietnam Hilde Solbakken and Vietnamese Ambassador to Norway Dinh Nho Hung in Norway and invited the Vietnamese …
Norway shares its seafood expertise with Vietnam via trip to Oslo Read More
Singapore-based food delivery apps Grab and Foodpanda are expanding into the dine-in space. This is as consumers look to eat out more post-pandemic. Grab has started testing its dine-in feature …
Food delivery apps Grab and Foodpanda expand into dine-in services Read More
Cooperation with China has been benefiting Norway and the government has an interest in expanding such cooperation. This is according to two senior advisors from the Norwegian government. Tobias Svenningsen, …
Norway interested in expanding cooperation with China Read More
Norway exported seafood worth NOK 12.4 billion in July. An increase of NOK 928 million, corresponding to 8%, compared to last year. “The increase in value in July is primarily …
Norwegian seafood exports totaled in 12.4 billion NOK in July 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
Philippine Megaworld Corp. is bringing Finland-based indoor sports park company SuperPark to its townships. The property developer said on Tuesday, August 1, it would open two parks, one at its …
Finnish sports park developer are coming to the Philippines Read More
Singapore’s central bank proposed on Monday, July 31, measures to tighten money laundering surveillance of family offices, that handle the financial affairs of the super-rich. The Monetary Authority of Singapore …
Singapore seeks to tighten money laundering audits Read More
H&M, the Swedish fast-fashion giant, is suing Chinese rival Shein over copyright breach. H&M has accused Shein of plagiarism and “stealing” the designs of its products. The Swedish company has …
H&M sues Shein over alleged copied designs Read More
Finland’s original fashion brand, Marimekko, has opened the first pop-up cafe in Thailand aiming to offer customers Scandinavian cultures under the concept of “The Best Place to Bring Joy to …
Marimekko opens pop-up cafe in Bangkok Read More
Norway’s telecom firm, Telenor, recently reported its second quarter profits slightly rose above expectations, reported Reuters. According to Reuters, the firm’s report showed that adjusted earnings before interest, tax, depreciation …
Telenor second quarter profits rises above expectation Read More
One of the most important responsibilities when starting a trucking company is reducing accidents and injuries. According to https://simplexgroup.net/how-to-start-a-trucking-company/, there are several ways in which you can reduce accidents and …
Trucking Safety: Strategies for Reducing Accidents and Injuries Read More
The Swedish firm, Bloom, was recently opened in Binh Duong, Vietnam with the goal to offer the first ever global innovation center for the food and beverage (F&B) industry. The …
Swedish firm offers first global innovation center for F&B industry in Vietnam Read More
Vietnam’s Prime Minister Pham Minh Chinh has urged relevant ministers and departments to boost the country’s rice export rates by building rice brands, improving the quality of rice and diversifying …
Vietnamese PM urges related ministers to boost rice export rates Read More
Norwegian salmon sales to China have almost doubled compared to the same period last year. So far this year, Norwegian salmon has sold for NOK 2.4 billion. Salmon exports to …
Norway doubles salmon sales to China Read More
Zeekr, Geely Automobile’s electric brand, said on Wednesday, June28, that two of its all-electric luxury cars are available for pre-order in the Netherlands and Sweden. Deliveries for the Zeekr 001 …
Chinese EV maker opens orders in Sweden Read More
Malaysia’s newest low-cost airline MYAirline, launched daily flights to Bangkok’s Suvarnabhumi Airport this week. It expects to introduce daily services to the city’s Don Mueang Airport from July 1. The …
MYAirline flies to Bangkok Read More
Myanmar’s tourism industry has seen a significant rebound in the financial year 2022-23 as the country welcomes an influx of Chinese visitors. This is according to figures from the country’s …
Myanmar’s tourism rebounds with influx of Chinese visitors Read More
Danish Maersk has added to its growing numbers of methanol dual-fuel containerships. The company has signed a deal for six new 9,000 teu vessels at Yangzijiang Shipbuilding in China. Maersk …
Maersk moves deeper on methanol with six newbuilds in China Read More
Danish LEGO just opened a LEGO Certified Store in Shangri-La Plaza, Pasig City in the Philippines. “LEGO is about growing. You can start very young,” Franz-Michael Mellbin, Denmark’s Ambassador to …
New LEGO store with AI opens in Philippines Read More
The Norway-Vietnam Business Forum was recently held in Ho Chi Minh City, Vietnam. Attending the forum were the Norwegian Ambassador Hilde Solbakken, Regional Director of Innovation Norway for Asia Ole …
Norway-Vietnam Business Forum held in Vietnam Read More
After a consistent period of growth, Malaysia’s garment imports from Vietnam decreased in the first quarter of 2023. The inbound shipments totaled $42.631 million from January to March 2023. This …
Malaysia’s garment imports from Vietnam fall to $42.6 million Read More
It’s not uncommon that Nordic persons come to regions like Asia and perform important work without being noticed or earning much attention beyond their own field. Senior Education Specialist Dr. …
Aija Rinkinen: Finnish education specialist advising Malaysia on World Bank assignment Read More
Danish energy trading house InCommodities on Friday, June 23, posted a record pre-tax profit for 2022 of 1.37 billion euros. Benefiting from gas and power market volatility the company is …
Danish trader InCommodities eyes Asia expansion Read More
Vietnam-focused private equity firm PENM Partners is understood to be tapping family offices to raise capital for its fifth investment vehicle. The Danish firm has previously secured commitments predominantly from …
Danish private equity company focuses on Vietnam Read More
The Swedish industrial equipment and network company opens a new office in Ho Chi Minh City, Vietnam in order to expand its business in the Asian market. According to Evertiq, …
Swedish HMS firm opens new office in Vietnam Read More
Chinese exports of used cooking oil (UCO) to Singapore jumped to a record in May. This is most likely due to more demand from Finnish Neste’s renewable fuel factory. Shipments …
Singapore buys record amount of used cooking oil from China due to Finnish factory Read More
Malaysia Airlines has introduced a voluntary carbon offset program in collaboration with CHOOSE, a climate tech company from Norway. The initiative allows customers to offset the carbon emissions from their …
Malaysia Airlines unveils voluntary carbon offset initiative in collaboration with Norwegian firm Read More
Midea Group Co. has dropped its pursuit of Electrolux AB due to the Swedish firm being unreceptive to a deal. The two companies have been discussing terms of a potential …
Chinese Midea drops pursuit of Swedish Electrolux Read More
Maersk Tankers has moved its Singapore office from Harbour Front to OUE Downtown in the Central Business District. The move supports the company in providing its service to partners in …
Maersk Tankers installs new Singapore office Read More
The opening of the new LEGO Certified Store at Shangri-La Plaza was recently held in the Philippines. The new store was run under Ban Kee Trading, Inc, a prominent name …
LEGO Certified Store at Shangri-La Plaza in Philippines opens Read More
Malaysia is close to becoming the first country in Southeast Asia to impose widespread restrictions on short-stay rentals like Airbnb. This is after one of its most popular holiday hotspots …
Malaysia set to have Southeast Asia’s first nationwide Airbnb control Read More
Danish biotech firm Novozymes is eager to capture opportunities in China. The company intends to intensify its focus on innovation and offering localized biotech solutions, the company states. China’s optimized …
Danish Novozymes bets on China’s green push Read More
Finnish fashion and lifestyle brand Marimekko is set to make its Singapore debut. The brand is to open its first store and cafe concept in the Ion Orchard shopping mall …
Finnish fashion brand Marimekko enters Singapore Read More
Norsk Hydro ASA has signed a letter of intent with offshore floating solar energy technology developer SolarDuck, TNB Renewables Sdn Bhd and TNB Research Sdn Bhdon. The letter was signed …
Norsk Hydro part of offshore solar energy project in Malaysia Read More
Indonesia announced late last week that they are ending visa-free entry from 159 nationals effective immediately, including all Scandinavian nationals. The Visa-free entry is in place for nationals of 10 …
Indonesia officially ends visa-free entry from 159 countries Read More
Consumers in Singapore can now buy ice cream made with Solein. Solein is an animal-free protein grown from a single cell using hydrogen and carbon dioxide. A product developed by …
Ice cream made from Finnish Solar Foods’ Solein launched in Singapore Read More
Swedish EV maker Polestar has joined forces with Xingji Meizu, a mobile phone and electronics company, to build an operating system for Polestar cars sold in China. In the rest …
Swedish Polestar and Chinese Xingji Meizu join forces Read More
Swedish Drugmaker AstraZeneca is drafting plans to spin-off its China business. According to the Financial Times on Sunday, June 18, the company is considering listing a separate unit in Hong …
AstraZeneca is planning a China business spin-off Read More
It all started when Johannes Bergstrom was ordering flowers online. The expensive bouquet he had bought arrived in a plain, white box that looked like it had been bought in …
Swedish innovator with blooming new concept in Bangkok Read More
After arriving to the Philippines for his first posting as Ambassador, Christian Halaas Lyster could immediately conclude that the ties between his host country and Norway are very strong and …
Ambassador debut and Southeast Asia return for Norway’s Christian Lyster Read More
Norway’s Telenor Connexion and Farmpro, a pioneering start-up in IoT-based livestock farming solutions, recently signed a Memorandum of Understanding (MoU) to advance global expansion of Internet of Things (IoT) livestock …
Telenor and Farmpro sign MoU to advance innovative health management solutions for livestock Read More
Fuel consumption is one of the most expensive aspects of fleet management, especially as fuel prices continue to soar. And while you might not have control over the rising prices, …
Improve Fleet Fuel Economy With These Tips Read More
Nordic VC firm Voima Ventures announced, June 13, its third fund with an initial closing of €90 million and a final target of €120 million, focusing on early-stage “deep tech” …
Nordic VC launches €90M fund for deep tech startups Read More
Maersk said on Monday, June 12, that the company has secured fuel for the first container vessel able to run on carbon-neutral methanol. The 21,500 km summer trip from Ulsan, …
Maersk secures fuel for first methanol container ship journey Read More
Finnish telecom company Nokia Corp will focus on further the company’s enterprise business opportunities in China. The aim is to help local companies accelerate industrial digitalization, a senior executive said. …
Nokia has big plans in China Read More
A Danish start-up has entered a $4 billion agreement to build a nuclear-powered ammonia plant in Indonesia. Copenhagen Atomics is leading a four-party group from Denmark that has signed a …
Copenhagen Atomics to test nuclear ammonia plant in Indonesia Read More
The Swedish leading technology company, Ericsson, reaffirmed its commitment to meet Thai customers’ expectations following a recent report, “5G: The Next Wave,” it published. The report showed that nearly 47% …
Ericsson aims to meet Thai customers with maximum 5G solutions Read More
Vietnam’ General Statistics Office reported that seafood exports in the country decreased 28% year-on-year to nearly US$3.4 billion in the first five months of 2023. Due to declining demand for …
Vietnam seafood exports down 28 percent Read More
The weather phenomenon El Niño, which risks triggering tropical cyclones in the Pacific Ocean, heavy rainfall in South America and drought in Australia, is on its way. In particular, the …
El Niño can be costly for coffee lovers Read More