ASEAN firms roll out new expansion plans

ASEAN companies are accelerating overseas expansion in the Vietnamese market as part of their overall growth plans.

- Thanh Van

On June 8, Thai industrial estate developer Amata signed an MoU with FPT to explore collaboration on smart industrial development and digital ecosystems. This initiative reinforces Amata’s commitment to future-ready industrial growth across the ASEAN region.

“This partnership reflects our commitment to shaping the next generation of industrial development through stronger digital capabilities, smarter infrastructure, and closer collaboration with trusted technology partners like FPT Corporation. This vision aligns closely with Amata Group’s overarching objective of building smart industrial cities through high-quality infrastructure and strategic alliances,” said Somhatai Panichewa, CEO of Amata Vietnam.

Amata is scaling up its presence in the country’s high-growth market. The company has established a new subsidiary, Amata City Phu Tho, to develop new ventures. At the same time, it has invested in solar rooftop initiatives across its Halong industrial estates to capture the growing green energy trend.

On June 1, Philippines-based Aboitiz Group reaffirmed its commitment to expanding investments in Vietnam across energy, food security, and infrastructure.