Keyword: "ASEAN economies"

Vietnam and Malaysia are emerging as key destinations for greenfield investment as China's share declines, Moody's said.

Vietnam is among the six ASEAN economies forecast to grow by 4.2% in 2023, outpacing the global gross domestic product (GDP) growth of 2%, according to Maybank Group president and chief executive officer (CEO) Datuk Khairussaleh Ramli.

Major ASEAN economies should be able to survive volatile market swings in 2023 following similar turmoil last year thanks to the region's strong fundamentals, according to Singapore-based United Overseas Bank (UOB).

The emergence of the Omicron COVID-19 variant could impact the recovery of trade in goods and services in ASEAN economies, said Sithanonxay Suvannaphakdy, researcher at the ISEAS–Yusof Ishak Institute of Singapore.

Vietnam is forecast to lead the fastest growing ASEAN economies in 2022, according to a recent report of the International Monetary Fund (IMF).

Vietnam stands out as the only ASEAN economy to achieve positive growth in 2020 and rebound to an 8.1 percent growth rate in 2021 – the highest in Asia, the Hong Kong Shanghai Banking Corporation (HSBC) said in a recent report.

The threat of macro-economic headwinds dragging global growth should be the impetus ASEAN needs to push its reform agenda harder in 2019, according to a report recently released by the HSBC Group.

Vietnam’s gross domestic product (GDP) is expected to stay between 6 and 7 percent from 2016 to 2018, according to the latest report from the Institute of Chartered Accountants.