The story of economic growth within the Association of Southeast Asian Nations (ASEAN) is a remarkable one.
To consolidate its growing economy, Vietnam is looking to launch Special Economic Zones (SEZs) to boost growth and to attract foreign investments to the country. The three SEZs are slated for development in Van Don, North Van Phong and Phu Quoc.
China owes its economic-growth miracle largely to local governments. But, as the country attempts to build a more modern and sustainable economy, in a context of lower overall growth, local governments need to adapt.
Brunei's seemingly vulnerable economic position is seen by China as an opportunity. The Asian superpower looks to engage with Brunei and this rejuvenated relationship could be beneficial to both parties in the long-term.
Singapore’s economy expanded by 3.5% in 2017, according to estimates released by the Ministry of Trade and Industry earlier this month.