What do you think is driving the growing infrastructure gaps throughout emerging and developing economies in Asia?
Vietnam
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Although fluctuations in international demand and pricing have put pressure on returns from Vietnam’s mining industry, the sector remains a magnet for foreign direct investment (FDI), a sign of confidence in its long-term prospects.
Increased product awareness and an expanding economy are fuelling demand in Vietnam’s insurance industry, as the government seeks to attract overseas investors to the market.
Increased demand for Vietnamese exports abroad and a rise in investment-driven imports has caused substantial change in the country’s trade patterns, something an upcoming trade deal with the EU could alter further.
New air routes and relaxed visa restrictions in Vietnam are boosting foreign arrivals and supporting growth in the country’s tourism industry, though there are concerns that overexploitation of cultural and environmental resources could devalue the sector’s key assets.
With a rapidly expanding economy, the capacity for growth in both domestic and international trade is increasing Vietnam’s appeal to foreign operators in the logistics sector.