VinFast, a Vietnam-based EV maker rapidly expanding its global presence, announced a delay in its operation for its manufacturing facility in North America, according to an official statement

Chinese PCB manufacturers are fueling an investment boom in Southeast Asia, particularly in Thailand, as they adapt to shifting global trade dynamics and seek demand beyond their domestic market. Industry sources report that at least seven of China's top 10 PCB manufacturers have established production facilities in Thailand

Vietnam is drafting an Investment Support Fund to attract more foreign investment. However, Intel has expressed dissatisfaction with the administrative processes, calling for the Vietnamese government to simplify and streamline the process

Amidst the surge in demand for data centers, Singapore unveiled its Green Data Center Roadmap in May to promote sustainable practices in the industry. This ambitious plan aims to increase data center capacity by 300 megawatts (MW) in the near term while enhancing energy efficiency and reducing environmental impact

Honda Motor Co. will consolidate its two car plants in Thailand by 2025 to deal with overcapacity and focus resources on electrification as battery electric vehicles gain popularity in the Southeast Asian nation with Chinese automakers entering the market

Samsung Electronics Chairman Lee Jae-yong recently met with Vietnamese Prime Minister Pham Minh Chinh, discussing plans to expand investments in Vietnam

To enhance corporate investment momentum in Taiwan and address talent shortages, Taiwan's National Development Council (NDC) said it is considering a system similar to Japan's "J-Skip" program, which allows those with a master's degree or higher, or advanced skills and a certain income level, to apply for permanent residency after just one year

As a global leader in ICT manufacturing, Hon Hai (Foxconn) has become a bellwether of relocation trends in the manufacturing industry, as its customers increasingly demand "China+1" and "Taiwan+1" production

Vietnam's cautious approach to offering investment incentives may have cost the country billions of dollars in potential economic benefits and development. According to reports from Reuters and Vietnamnet, citing an official document from Vietnam's Ministry of Planning and Investment, major tech companies like Intel and LG Chem bypassed Vietnam for their multi-billion dollar projects due to insufficient investment incentives

Vietnam's Prime Minister Pham Minh Chinh recently visited South Korea from June 30 to July 3 to strengthen bilaterial ties and meet with key industry leaders

As the global supply chain undergoes restructuring, Malaysia and Singapore have emerged as attractive destinations for semiconductor companies seeking to establish manufacturing operations in Southeast Asia (SEA). Both countries have implemented their own strategies to capitalize on this opportunity, leveraging their respective strengths to enhance their value within the semiconductor industry chain

At the urging of customers and incentives provided by countries vying for domestic semiconductor production, leading companies in the Taiwanese semiconductor supply chain have accelerated their establishment of overseas production sites over the past two years

In July 2022, Thailand unveiled its national AI strategy and action plan, outlining the government's roadmap through 2027 to enhance its AI infrastructure and spur economic growth by harnessing emerging technologies. A significant focus of the strategy is on AI talent development, aiming to create over 30,000 AI professionals within six years and increase the number of public and private agencies utilizing AI to at least 600

Southeast Asian countries are pulling out all the stops to attract semiconductor companies to set up factories in their regions. Malaysia, already a stronghold for packaging and testing, is now aiming to move into IC design. Singapore emphasizes its talent pool and connectivity, gaining favor with multinational corporations

When Wu Cunsong and Chen Binghui founded their artificial intelligence startup two years ago in Hangzhou, China, they quickly ran into obstacles, including a dearth of venture capital. This March, they did what scores of other Chinese AI firms have done and moved their company, Tabcut, 2,500 miles southwest to Singapore