Ford sold 42,175 vehicles in Vietnam last year, making the country its top market in Southeast Asia.
While Singapore and Malaysia continue to be top destinations in South-east Asia for Indonesian travellers, Vietnam’s growing popularity in the market has attracted the attention of outbound agencies.
Asian countries' focus on experiences over material acquisitions reflects a broader shift in travel trends, positioning these countries as major players in the global travel landscape.
Southeast Asia’s economic growth is expected to go into overdrive in 2025, with Asean markets leading the way. According to an Asia House report, Vietnam and Philippines will remain key growth drivers.
Singaporean and Vietnamese youths are also the most optimistic and satisfied about their countries’ political systems, law enforcement and economic future than their peers in four other Southeast Asian countries,
Indonesia is "requesting bilateral economic cooperation to help lower tariffs," the country's Coordinating Minister for Economic Affairs, Airlangga Hartarto, said this week.
The optimism surrounding Asia’s tourism potential is evident from the expansion plans of major global hotel chains
Retreat at the Langkawi International Convention Centre, Mohamad met with Vietnam's Deputy Prime Minister and Minister of Foreign Affairs, Bui Thanh Son. In a statement, the Foreign Ministry noted that both ministers underscored the importance of close collaboration in achieving the ASEAN Community Vision 2045.
Indonesia has scooped Malaysia, Vietnam, and Thailand to become the first Asean country to join the Brics bloc of developing economies as a full member. Brazil, the new Brics rotational chair, announc
India, Indonesia and Vietnam are set for a tourism “bonanza” as their middle classes expand and grow wealthier, according to the deputy chief executive officer of hotel group Accor SA
HANOI: Vietnam’s rice exports are forecast at 7.5 million metric tons this year, the chairman of the Vietnam Food Association said on Wednesday, down from a record high of 9.04 million tons last year. Vietnam is the world’s third-largest rice exporter, after India and Thailand, and its key markets are the Philippines and Indonesia.
Indonesia is one of Southeast Asia's largest potential tech markets. But industry experts warn that a maze of regulation threatens to hamper investment.