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.
Vietnam’s export turnover to six Northern European countries in 2020 was equal to figures reported in the previous year despite difficulties posed by the COVID-19 pandemic, according to Vietnamese Commercial …
Vietnamese exports to northen Europe unaffected by the pandemic Read More
On 8 February 2021 the Danish Chamber of Commerce in China released an invitation to their next webinar on 16 February, the invitation read: Did you get a chance to …
DCCC webinar on “how climate change adaptation can create business opportunities in Denmark” Read More
On 10 February 2021, the Finnish Chamber of Commerce released an invitation, as follow: We would like to invite all the Members to join Business Community Budget Speech Webinar with …
FinnCham Hong Kong invites members to join Webinar on Business Community Budget Speech Read More
Singapore maintains its top spot for digital inclusiveness among 82 countries around the world, in global consultancy Roland Berger’s Digital Inclusion Index 2020. But around 150 million adults in South-east …
Singapore stay on top in digital inclusiveness global survey Read More
Waste heat and geothermal heat make up one of the World’s largest energy sources and it is highly underutilized today. The Climeon Heat Power System uses this energy source to …
Swedish Climeon AB landed in Taiwan Read More
Executives from nearly 30 leading European companies, including Swedish furniture maker IKEA, recently attended a live-streamed Forum on New Investment Opportunities between China and the EU. The high-level virtual dialogue …
IKEA and EU companies optimistic about China after teleconference with Chinese Premier Read More
Undertun Industri, Norwegian maritime equipment manufacturer has recently signed letters of intent (LOI) with two engineering firms in Malaysia. The Norwegian company has signed Naz Galaxy Group of Kemaman district …
Norwegian Undertun signs letters of intent with Malaysian service agents Read More
Funding Societies, Southeast Asia’s largest SME digital financing platform, is now live in Thailand. On Feb 2nd, 2021, it was awarded the SEC debt crowdfunding license, enabling it to support …
Funding Societies, SEA’s leading digital financing platform, launches in Thailand to support SMEs Read More
Sweden is a good place to grow, according to the European ScaleUp Monitor 2020 European ScaleUp Monitor 2020 says Sweden is the country with the 4th highest number of scaleups …
Sweden ranks 4th best country for fast growing innovative companies Read More
According to JydskeVestkysten, Nordic companies are experiencing a high increase in freight prices for exported goods from China and Asia because of the pandemic. The Danish interior company IB Laursen …
Rising freight prices for Nordic companies ends up on the customers side Read More
It may well take a long time before the world gets a definitive answer as to where the coronavirus came from. And it is not at all certain that an …
Danish WHO-researcher in Wuhan predicts a long process ahead Read More
Thoni Suwansri’s local Thai restaurant was only open to guests for less than two months before a new corona shutdown meant the restaurant was limited to only offering takeaway. Now …
Corona crushed Thoni’s dream of an authentic village Thai food restaurant in Denmark Read More
Volvo Cars, the Swedish auto maker owned by China’s Zhejiang Geely Holding Group, says electric vehicles make up more than a third of the company’s new car sales in …
Volvo EV sales in Europe made up more than 3rd of company’s car sales Read More
The latest Business Climate Index (BCI) unveiled by the European Chamber of Commerce (EuroCham) in Vietnam on 3 February indicates that EU companies in Vietnam ended 2020 with overall optimistic …
EU Business Climate Index predicts Vietnam’s economy likely to improve in the first quarter Read More
The Trade Council at the embassy of Denmark in Malaysia announced an overall outlook for last week of January 2021: “The Trade Council at the Embassy here has had a …
Danish Trade Council affirmed Malaysia remains priority even the embassy will be soon close Read More
Singapore-based Sea Oil Petroleum has acquired Norwegian trading firm Pro Fuels in the quest to reach new markets and a significant incorporation in the Bunker industry. Singapore Sea Oil Petroleum …
Norwegian Pro Fuels sold to Singapore company Read More
Solar Decathlon China (SDC), the world’s largest student competition has selected a project by students from The Technical University of Denmark (DTU) to participate in the competition for the most …
Danish DTU student’s solar power house qualifies for Solar Decathlon China Read More
On 3 February 2021, the Danish embassy in Vietnam updated on Danish Pavillion on Lazada e-commerce platform’s current affairs, as follow: It has been almost three months since the MOU …
Ambassador Christensen updated on the Danish Pavillion on Lazada e-commerce platform Read More
Bloomberg has published its annual innovation index of the world’s leading countries in innovation. South Korea ranks first on the list in 2021 and the Asian nation has now topped the index …
Bloomberg: South Korea leads the world in innovation, Singapore takes 2nd place Read More
Foreo, Swedish beauty technology company has emerged on the brand’s travel retail network expansion plan in Vietnam and partnered with IMEX Pan Pacific Group (IPPG). Foreo will with the partnership …
Swedish Foreo partners with IMEX Pan Pacific to expand Vietnam travel retail network Read More
On 5 February 2021 the Philippines Ambassador H.E. Leo M. Herrera-Lim congratulates Arla Foods Country Manager Allan Hansen for his posting to the Philippines next week. The Ambassador and Mr. …
Ambassador H.E. Leo M. Herrera-Lim welcomes Arla Foods to the Philipines next week Read More
4 February 2021 the European Union in Vietnam announced the EU remains its obligation to provide Covid-19 Vaccine to all countries, the statement read: As vaccinations against COVID-19 start being …
The EU announced “We stand for vaccine cooperation instead of vaccine nationalism” Read More
On 4 February 2021 the Nordic Chamber of Commerce announce: NordCham is excited to announce that we will organise our signature event “Work The Nordic way” to facilitate the connection …
NordCham Vietnam’s signature event ‘Work the Nordic Way’ 2021 set to 17 April Read More
Helsinki Business Hub (HBH), the international trade and investment promotion agency for the capital of Finland, Helsinki, partnered on 5 February 2021 with the Singapore’s Smart Urban Co-Innovation Lab led …
Helsinki Business Hub partner up with CapitaLand in developing Singapore’s Smart Urban Co-Innovation Lab Read More
According to a newly released report by Volvo Cars, Swedish carmaker, Volvo Cars experienced a drop in 2020 earnings but the company which is owned by China’s Geely remains optimistic …
Swedish Volvo optimistic for 2021 after late 2020 rebound Read More
According to a recent statement from Norway-based Telenor Group, the telecommunications provider was ordered by the Myanmar Ministry of Transport and Communications (MoTC) to shut down services nationwide. Telenor Group …
Telenor ordered to shut down nationwide by Myanmar authorities Read More
You have ideas and ambitions within offshore wind? Here is your chance. Global leading offshore wind company Ørsted is offering 8 scholarships for Taiwanese students of wind energy, studying in Taiwan …
Ørsted is offering 8 scholarships for Taiwanese students to study wind energy in Taiwan or abroad Read More
Chinese-U.S. developer of autonomous vehicles TuSimple has been granted permission by the Swedish Transport Agency to test self-driving trucks on the E4 motorway between Södertälje and Jönköping in Sweden. The …
TuSimple and Scania to test Autonomous Trucks on Swedish Highways Read More
On 5 February 2021 the Finnish Ambassador Jyri Järviaho and Team Finland paid a courtesy visit to Thailand’s Minister of Finance, Mr. Arkom Termpittayapaisith and his team at the Ministry …
Ambassador Järviaho and Team Finland visits Thai Ministry of Finance Read More
Singapore furniture retailer Made & Make announced on 5 February 2021 the opening of its new 250 sq m showroom dedicated to Danish furniture brand Wendelbo. The showroom is the …
Danish furniture brand Wendelbo opens Singapore showroom Read More
Xpeng, Chinese smart electric vehicle company, is marking another step in its international market development with another shipment of G3 SUV’s to Norway. XPeng recently announced that the second batch …
China’s Xpeng to deliver second batch of smart EV cars to Norway Read More
Johan Nylander arrived in Hong Kong in 2011 with his wife Hanna and small son Allan. Ten years later he is a successful, highly travelled author and public speaker as well as …
Johan Nylander – A Swedish Writer in Hong Kong Read More
Denmark is establishing two new energy islands off the coast of Denmark. The energy islands will be completed by 2030, and will be able to supply 5 GW of power …
Denmark is establishing the first Energy Islands Read More
A new trend amongst a wave of hotels is seen offering a spectacular alternative to a traditional hotel building with corridors. The new initiative allows guests a taste of off-grid …
Top Asian and Nordic Escapist hotels featuring luxury in the countryside Read More
Finnish Chamber of Commerce in Hong Kong won the International Chamber of the Year Award category at the 4th annual APAC Chamber of Commerce Awards announced by Glue Up on …
FinnCham and Swecham win ‘Chamber of the year’-awards Read More
Swedish beauty technology company Foreo proceeds with the brand’s aggressive Chinese travel retail expansion strategy with the opening of a counter at DFS Group and Shenzhen Duty-Free Group’s new downtown …
Swedish Foreo proceeds with Chinese travel retail expansion strategy Read More
Norway´s seafood exports totaled NOK 8.1 billion in January 2021, according to the latest report from the Norwegian Seafood Council. This is a decrease of NOK 1.6 billion, or 16 …
Norway sees significant fall in seafood export value in 2021 Read More
According to SWF Institute, Norway still tops the Sovereign Wealth Fund League with more than $1.1 trillion as of January 2021. Most of the assets are tied up in stocks, …
Norway tops the Sovereign Wealth Fund, second is China Read More
The Finnish technology group Wärtsilä has entered into a strategic cooperation framework agreement with China Huaneng Group’s provincial subsidiary Huaneng Jiangsu to work on renewable energy development in Jiangsu, China. …
Finnish Wärtsilä and China Huaneng to develop sustainable power generation Read More
Another chapter in the so-called ATEA case, also referred to as the largest bribery case involving public employees in Danish history, has recently been closed. ATEA, Nordic IT infrastructure company …
ATEA case: Thailand trips used to corrupt former Danish government official Read More
Do you want to know what it’s like to go from entrepreneur to business owner in Taiwan? Young Professional in Taiwan invited to an interactive seminar on 23 February 2021. …
Young Professionals in Taiwan are invited to “Swedish Entrepreneurs Guide to Taiwan” interactive seminar on 23 Feb Read More
The EU, Vietnam Government representatives, business organizations, academia, and relevant stakeholders met on 20 January 2021 in Ho Chi Minh City. The purpose of the meeting was to exchange views …
EU and Vietnam exchange views on Extended Producer Responsibility Read More
IKEA, Swedish furniture giant announced last year a collaboration with Asus’s Republic of Games (ROG) to create a new range of affordable gaming furniture and accessories to bring the gaming …
IKEA and Asus ROG launches new gaming furniture in China Read More
The COVID-19 crisis has led to the transformation of the world into the era of digital economy, where so much could be done easily and conveniently at our fingertips. However, …
Thai Finema spearheads decentralized identity tech Read More
On 2 February 2021, Jon Thorgaard, Danish Ambassador to Thailand and Cambodia, together with Nils Robenhagen, Head of Trade, had a meeting with the Danfoss Asia Pacific team including Mr. Krisada …
Ambassador Thorgaard discussed Danish Technology and Green solutions with Danfoss Asia Pacific team Read More
According to The Star, Foreign companies operating in Myanmar struggled to assess the turbulence of possible effects arising with the recent Myanmar military coup in the country. Companies including Norway’s …
Asian and Nordic firms struggle to assess the aftermath of Myanmar coup Read More
The Danish ecosystem is thriving and Copenhagen is home to an array of world-leading researchers and partner organisations within sustainability. As a result of the DKK 50 million investment from …
Antler is expanding to Copenhagen to build and invest in sustainable tech companies Read More
Before moving to the shopping festivals, there’s one thing about Chinese consumers you should know: they love small gifts even though it’s a cheap one. They usually act fast if …
5 Shopping Festivals in China You Must Know Read More
The Finnish Chamber of Commerce in Hong Kong on 1 February 2021 warmly welcomed their new Executive Director Ms. Elina Koski. The statement read: Ms. Elina Koski has lived in …
FinnCham Hong Kong welcomes new Executive Director Read More
In an article recently published by The Jakarta Post, Lars Bo Larsen, Danish ambassador in Indonesia celebrates the two nations’ agreement to upscale the energy cooperation significantly in the period …
Danish ambassador to Indonesia celebrates the two nations ‘energy-brotherhood’ Read More