Frontier Economies

Vietnam, the land of the 'Ascending Dragon'

Vietnam - also famously known as the land of the “Ascending Dragon” for its geographical shape on the world map - is a land of opportunities. As Vietnam celebrates its 72nd independence today, it is remarkable to note how far the country has progressed over recent years. Moving away from a centrally planned system into a market based economy, Vietnam has advanced into the "lower middle income countries" bracket since 2009.

2 September 2017
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Steady growth forecasted for ten ASEAN nations

Steady growth forecasted for ten ASEAN nations

The economic outlook for 10 ASEAN (Association of Southeast Asian Nations) member states and other major East Asian economies including China, India, Japan and South Korea, remains optimistic following a strong start in 2017.

1 September 2017
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The dawn of ASEAN's frontier economies

The ASEAN (Association of Southeast Asian Nations) frontier economies of Cambodia, Lao, Myanmar and Vietnam (CLMV) are becoming the centre of attraction for FDI (foreign direct investment). Aside from being the world’s fastest growing economies, these countries boast a young population with low-cost labours and natural resources. Among the potential areas for investment include textile, clothing, footwear, food and beverage, banking, services, tourism and auto electronics.

30 August 2017
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