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.
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Danish toy giant Lego Group says it has no regrets about investing in Vietnam. Jesper Hassellund Mikkelsen, senior vice-president of Asia Operations at the company, says Lego sees strong growth …
Lego continues to invest in Vietnam Read More
Norwegian company Yara Clean Ammonia has signed a new agreement to explore supplying low-carbon ammonia as marine fuel in Singapore. The deal was made with Japan’s NYK Line and Singapore-based …
Norway’s Yara joins partners to explore ammonia fuel supply in Singapore Read More
A new report from the Norwegian Seafood Council points to strong growth in China’s seafood consumption. The reports states that the growth is driven by shifting demographics, lifestyle changes and …
New report highlights booming Chinese demand for imported seafood Read More
A Danish, Dutch and Thai partnership is expanding wind turbine repair operations across Asia, following a new agreement to roll out mobile repair technology in up to 12 countries. The …
Danish, Dutch and Thai companies expand wind turbine repair operations across Asia Read More
The Swedish investment company EQT AB has raised $15.6 billion to invest in companies across Asia. The largest fund of its kind in the region right now, according to Channel News …
Swedish giant raises billions as Asia Read More
Danish engineering company Eltronic PtX has teamed up with Thailand’s Bonicorn and Estonia-based energy firm Elcogen, to introduce new clean energy solutions in Thailand. The partnership was announced at an …
Danish firm joins Thai partners to bring new clean energy technology to Thailand Read More
Thailand’s Index Living Mall Public Company Limited (ILM) plans to invest more than 200 million baht to expand the Danish lifestyle brand Flying Tiger Copenhagen in Thailand. The expansion includes …
Flying Tiger Copenhagen is set to expand across Thailand Read More
Malaysian company Cendana Auto has entered a strategic partnership with Finnish vehicle manufacturer SISU Auto to strengthen defence industry capabilities in Malaysia. The collaboration focuses on joint technology development, engineering, …
SISU Auto partners with Malaysia’s Cendana Auto Read More
Thailand is planning a major reform to make it easier and faster for foreign companies to do business in the country, according to ASEAN Briefing. At the centre of the …
Thailand plans to make it easier for foreigners to start a business Read More
Novo Nordisk has entered a strategic partnership with OpenAI to boost drug discovery and development, R&D World reports. The collaboration will allow Novo Nordisk to analyse massive datasets at a …
Novo Nordisk expands in China while betting on AI Read More
Danish deep-tech company ATLANT 3D has signed an agreement with National University of Singapore to build a shared research facility in Singapore focused on discovering new materials using artificial intelligence. …
Danish tech firm and NUS team up on AI-driven materials lab in Singapore Read More
Danish fashion brand Rains has opened its first Asian flagship store in Shanghai, marking a major step in the company’s global expansion, Fashion Network reports. The 250-square-metre store is located …
Danish brand Rains opens first flagship in Asia Read More
Danish audio brand Jamo is set to return after being sold in 2024. The company will soon launch a new range of speakers under its new owners. Jamo is now …
Danish speaker brand Jamo returns under Chinese ownership Read More
Panamanian President José Raúl Mulino has moved to calm tensions with China following concerns over inspections of Panama-flagged vessels. The situation comes after a dispute linked to port concessions in …
Panama seeks to ease China tensions amid Maersk port dispute Read More
Finland-based Kempower says Malaysia’s growing EV charging network should prioritise utilisation over rapid expansion. The company points to Southeast Asia as a key growth region for electric mobility. Kempower states …
Kempower: Malaysia’s EV boom must shift focus Read More
A growing number of Danish firms are moving activities out of China as part of a wider shift in global supply chains. After decades of relying on the Chinese market, …
China no longer the safe bet for Danish companies in Asia Read More
A meeting between the Vietnamese Embassy in Sweden and Vingroup has outlined plans to bring electric taxi services to Sweden and the wider Nordic region, the Vietnam Embassy in Sweden …
Vietnam-backed electric taxis planned for Sweden Read More
The former Zhao Shang Yi Dun has been renamed Viking Yi Dun and rejoined the fleet of Viking Cruise. The renaming took place on 24 March 2026 at Shekou International …
Chinese ship rejoins Viking fleet Read More
Norway exported seafood worth NOK 15.5 billion in March, up 3 per cent from the same month last year. Strong demand from China played a key role in the increase, …
China drives growth in Norwegian seafood exports in March Read More
A billion-euro investment is placing TikTok at the centre of a growing European debate over data and security. The company plans to build a second data centre in Finland, this …
TikTok invests 1 billion euros in new data center in Finland as data fears grow Read More
Young Filipino-Swede Mr Axel Fries has taken over as NordCham Philippines’ new Executive Director, keen on leading the chamber to new heights, while not going ahead of himself. And while …
From tech start-ups to NordCham Philippines: Axel Fries is its new Executive Director Read More
Mastercard has started testing AI-powered payments in Southeast Asia. In a press release, the company says its system is now live in early markets including Singapore and Malaysia. The technology …
Mastercard starts testing AI payments in Southeast Asia Read More
Vietnam is introducing a new emergency law that could give authorities sweeping powers over businesses and daily life in times of crisis. The law was approved in December 2025 and …
New law gives Vietnam more power over businesses and daily life Read More
In northern Vietnam, local hospitals are transforming emergency care through international collaboration. Thuy Nguyen Medical Center recently performed its first successful thrombolysis on a 68-year-old stroke patient, restoring mobility within …
Swedish-Vietnamese hospital collaboration boosts emergency care in Vietnam Read More
Motor accidents can create more than one kind of financial loss. You may have to deal with damage or injury caused to another person, while your own car may also …
How Third-Party Car Insurance and Own Damage Cover Work Together in an Indian Claim Read More
When your day includes deep tillage, heavy haulage, or long hours on mixed terrain, the right tractor is the one that can hold pull without guzzling fuel or overheating. Mahindra …
New Mahindra NOVO tractors built for long hours and tough terrain Read More
Owning a vehicle in Asia involves unique challenges that differ from those in other parts of the world. From humid tropical weather to dense city traffic, your car goes through …
Smart Ownership Tips in Asia That Pair Well with Mopar Protection Plans Read More
Empty bottles are getting a second life in Singapore. The city-state has launched Southeast Asia’s first nationwide deposit return scheme for beverage containers, targeting a waste stream of more than …
Singapore launches bottle recycling system with Norwegian technology Read More
A Swedish industry giant is making a move in Thailand. Tetra Pak has opened a new food innovation centre in Rayong with one clear goal: speed. This was announced by …
Swedish giant storms Thailand with new food innovation hub Read More
If you walk the streets of Bangkok, statistics suggest that every second person you pass may be overweight. A new health initiative in Bangkok is aiming to tackle rising obesity …
Obesity crisis in Bangkok: Every second resident affected as Danish solution rolls out Read More
Vietnam’s textile industry is on the verge of a major shift. ABB, the global engineering giant, has signed a Memorandum of Understanding with Swedish startup Syre to explore technologies for …
Textile waste in Vietnam could get new life through Swedish partnership Read More
The pressure is mounting on one of Sweden’s most iconic carmakers. Swedish Volvo Cars is tightening its ties with Chinese owner Geely Holding as global competition intensifies, according to new …
Volvo deepens China cooperation to navigate tougher market Read More
Singapore-based Bitdeer Technologies Group, a tech firm focusing on artificial intelligence (AI) and Bitcoin mining infrastructure, is teaming up with local partner Data Center Installations AS to create what could …
Singapore tech firm to build Norway’s largest AI data center by 2026 Read More
Finnish lifestyle brand Marimekko is taking its bold, colorful designs to new corners of Southeast Asia, Fashion Network reports. The company plans to open its first stores in Indonesia and …
Finnish design giant expands in Southeast Asia Read More
Danish shipping company NORDEN has ordered two new ice-class multipurpose vessels from China’s Wuchang Shipbuilding Industry Group as part of a long-term contract with Swedish mining company LKAB. The contract …
NORDEN orders ice-class vessels in China for long LKAB contract Read More
In the Philippines, Danish technology is now helping reshape an industry long challenged by delays and inefficiencies, Phil Star reports. Construction firm Magis X has introduced robotic building systems powered …
Philippine builder adopts Danish robotics to transform home construction Read More The Danish pharmaceutical giant Novo Nordisk has reported encouraging results from a new diabetes and weight loss drug developed with a Chinese partner, Fierce Biotech reports. The candidate, known as …
Novo Nordisk tests China-developed drug for obesity and diabetes while competition is growing Read More Vietnam has become the fastest-growing market for Norwegian salmon in Southeast Asia, with strong demand expected to continue through 2026, Vietnam Plus reports. Fresh salmon exports to Vietnam rose 16% …
Vietnam emerges as fastest growing market for Norwegian salmon Read More
China’s seafood market is showing mixed trends, with strong demand for salmon but weaker interest in cod. Norwegian salmon exports increased in week 12, with 18,383 metric tonnes of fresh …
China expands domestic “salmon” production as Norwegian exports rise and cod weakens Read More
The Dutch brewer Heineken will phase down large-scale production at its Tuas brewery in Singapore by the end of 2027 as part of a shift to a new supply model, …
Heineken to phase out Singapore production and move it to Malaysia and Vietnam Read More
Ericsson has celebrated its 120th anniversary in Thailand by announcing a partnership with the country’s Digital Economy Promotion Agency (depa), Ericsson reports in a press release. The collaboration will integrate …
Ericsson marked its 120th anniversary in Thailand with a new education partnership Read More
Finnish companies are still focusing on China, even though there are growing political tensions in the world. According to CGTN, Finnish companies expressed continued interest in China as business leaders …
Finnish firms keep focus on China despite tensions Read More
The Norwegian hydrogen company, Umoe Advanced Composites, has opened a 12,000 square metre factory in Jiaxing, China, where it has begun producing hydrogen storage cylinders as part of its expansion …
Norwegian hydrogen company opens factory in China Read More
A new generation of typhoon-resistant wind turbines is taking root in the Philippines, marking both a technological leap and a structural shift in the country’s energy future, Gulf News reports. …
Philippines builds typhoon-proof wind farms with Danish investment Read More
The Chinese shopping platform Temu is now among the most visited online stores in Finland. Temu ranks seventh in terms of website visits, according to a recent survey by the Finnish …
One in ten euros from online shopping in Finland ends up in China Read More
APM Terminals, part of Danish shipping group A.P. Møller – Mærsk, has become a 49 percent minority shareholder in the Hateco Hai Phong International Container Terminal (HHIT) in northern Vietnam. …
APM Terminals takes stake in major Hai Phong Read More
A new report from ABB finds that 63 percent of industrial companies in Malaysia have already invested in energy efficiency. A further 33 percent plan to invest within the next …
ABB report shows rising energy efficiency push in Malaysia Read More
Swedish transport and outdoor brand Thule has spotlighted changing mobility habits in the Philippines during an event at its concept store in Manila’s Mall of Asia, Daily Tribune reports. “Filipinos …
Thule opened in Manila: Bringing mobility-driven lifestyle to the Philippines Read More
Malaysia may step in to help tourism businesses as rising diesel prices make it more expensive to run tour buses, coaches, and shuttle services. The issue comes just as the …
Malaysia looks at help for tourism firms as diesel prices rise Read More
Vestas is no longer among the world’s five largest wind turbine manufacturers, after Chinese companies installed more turbines in 2025. According to a report from the World Forum Offshore Wind, …
Chinese wind boom pushes Danish Vestas out of global top five Read More