Currently, the countries that are part of it are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. With a total population that reaches 650 million people, ASEAN can be considered as the world’s third largest “emerging” market after China and India.
The implementation of a series of economic and commercial agreements and the creation of a process that led the 10 countries to join in a free trade area, will help to further increase the importance of ASEAN in the international business context and make it one of the most important worldwide area for greater potential and business opportunities.
The investment opportunities are emerging in various sectors: franchising, infrastructure and construction, mechanical industry, agro-industry and food, design, fashion, consumer goods, sourcing, outsourcing, medical equipment, automotive and retail are some of the fields where there is a high demand.
If you are interested in starting your internationalization process in Vietnam and in the ASEAN area, please contact us.