ASEAN fastens economic strength amid US-China tensions
The 10-member bloc pins out economy as a major factor to bargain power globally.
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Vietnam solidifies global standing when taking on two significant roles in 2020
The Hanoitimes - 2020 will be a busy and remarkable year for Vietnam as the country will assume the chair of the Association of Southeast Asian Nations, or ASEAN, and the role of non-permanent member of the UN Security Council, the two significant positions that will promote the country’s prestige in the region and world stage.
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The car sales in Vietnam are forecast to reach 500,000 units per year in 2020 and 1 million per year by 2030, with a turnover of US$12 billion each year.
Vietnam stands out in ASEAN in investment attraction from German businesses
Up to 55% of German companies in Vietnam intend to expand their activities in Vietnam in the next 12 months, higher than an average of 44% in Southeast Asia.