A four-pronged approach has been designed to build business confidence, expand trade opportunities, and enhance Thailand's competitiveness on the international stage.

This approach is vital for protecting the region from future shocks, including abrupt policy shifts in key markets like the US and the European Union, Malaysia Global Business Forum (MGBF) founding chairman Nordin Abdullah said in a recent interview granted to the press.

Malaysia has proposed three key strategies to strengthen the economic resilience of the Association of Southeast Asian Nations (ASEAN) amid slowing global growth, rising geopolitical tensions, and increasing economic fragmentation.

Vietnam remains an attractive destination for foreign businesses and customers throughout the HSBC network have continued to show very strong interest in the Vietnam story, the Hongkong and Shanghai Banking Corporation Limited (HSBC) said in its recent survey.

Prime Minister Pham Minh Chinh has highlighted the motto of “Solidarity, Discipline - Mettle, Flexibility - Innovation, Creativity - Timeliness, Effectiveness” in order to realise the goals set for 2023.

Up to 21 percent of Indian firms operating or intending to operate in Southeast Asia plan to expand their business in Vietnam in the next two years, and the ratio is 26 percent among Chinese enterprises, according to a HSBC survey covering more than 1,500 companies from six of the world’s largest economies – all of which have operations in Southeast Asia.

Minister of Industry and Trade Tran Tuan Anh, on behalf of ASEAN Economic Ministers, held a phone discussion with Secretary-General of ASEAN Lim Jock Hoi on May 6 regarding plans for recovering the regional economy and maintaining intra-bloc supply chains after the COVID-19 pandemic has been brought under control.