Category: Technology

The Danish Vestas customised wind project in tidal zone Vietnam

The Danish wind Systems manufacturer Vestas has developed a customised solution for the 50MW Dong Hai 1 wind project in Bac Lieu province in Vietnam. The area is at high tide submerged and dry in low tide. The Danish manufacturer will deliver the solution to local EPC construction contractor Bac Phuong JSC at the project…

Volvo refinance SEK5 billion to Swedish investors

Swedish origin Volvo Cars, owned by China’s Geely Holding announced in a statement on 16th December 2019, that they had issued SEK5 billion worth of convertible preference shares to a group of Swedish institutional investors, comprising Swedish pension fund AMF and Swedish insurance and pension savings group Folksam. “Today’s announcement represents a significant, continued endorsement…

Telenor chose Ericsson for 5G supplier and continues cooperation with Huawei

Norway’s largest mobile operator Telenor announced at a press conference in Oslo, they would continue working with Chinese company Huawei, while adding Sweden’s Ericsson for its fifth-generation (5G) telecoms network as its new supplier on 13th December 2019. Telenor’s top management said that Ericsson is their new 5G supplier. The reason for the cooperation with…

Nordic Innovation House, Antler partner up

During Singapore FinTech Festival x SWITCH (Singapore Week of Innovation & Technology), Nordic Innovation House – Singapore (NIH-SG) and Antler also officially cemented their partnership. A partnership signing ceremony took place on 13 November in the Nordic pavilion with Sami Jääskeläinen and Jussi Salovaara (Co-Founder & Managing Partner Asia), representing NIH-SG and Antler respectively. Siv Jensen,…

Denmark paid for new education sector app in Myanmar

Denmark’s capacity fund together with the Myanmar ministry of education developed and launched an app for education management to keep eduction officers connected and reduce use of papers on 12th December 2019. The Ministry of Education of Myanmar recognised importance of innovation and technology being essential to enhance organisational performance. They announced their success in…

Finnish ambassador discussed possibilities in green development with Vietnam

Secretary of the party committee, Mr. Lu Van Hung hosted a reception with the Finnish ambassador to Vietnam, to discuss possibilities of cooperation from Finnish firms in socio-economic development planning, e-government building, smart city, and green and renewable energy developing, on 11 December 2019. According to Vietnamese press reports, Mr. Hung said that the province…

Copenhagen FinTech aims at more continuous presence in Singapore

The largest ever Fintech delegation from Denmark visited Singapore FinTech Festival (SFF) in November, comprising a total of 30 companies and 60+ people, exhibiting in the dedicated Danish booth area. At SFF, the world’s largest Fintech event, Denmark’s Ambassador Dorte Bech Vizard cut the ribbon, assisted by Copenhagen Fintech Association’s CEO Thomas Krogh Jensen. Copenhagen…

Smart city Bangkok symposium successful in bringing experts to share ideas

The TSCC Smart Cities Symposium: Connectivity and Mobility organised by Thai- Swedish Chamber of Commerce took place at the Landmark hotel on 26th November. The event was focusing on possibilities and solutions of the global movements regarding climate change and growing number of populations and how to improve living quality.There were overall 120 participants from…

Swedish hub Findec partners up in Singapore, eyes Asean

During the recent Singapore Fintech Festival (SFF) Sweden’s Stockholm-based hub for Fintech companies, Findec, signed a partnership, MoU, with Singapore Fintech Association (SFA). “The purpose with this collaboration is to open up a bridge between Singapore and Sweden so that we can work better; share information, technology and companies; and ensure a better business flow…

Unique Monitor ERP System Malaysia – OCBC Bank MoU supporting SMEs

On 27 November the Monitor ERP System’s Malaysian subsidiary landed yet another milestone for 2019 by entering into a Memorandum of Understanding with OCBC bank. This new partnership will enable lending support to SMEs wishing to purchase the Swedish cutting-edge ERP system for manufacturing. “Financing of software is, as we all know, very rare. So…