Southeast Asia and China are emerging as the two leading destinations for overseas expansion as 83% of businesses in Asia are keen to expand their operation abroad, according to a report of the United Overseas Bank (UOB).
Digitalisation and overseas expansion are deemed as the best new strategies for medium-sized companies in Vietnam and other ASEAN member states to promote economic growth in the context of drastic market changes, Standard Chartered Bank said in its reported announced on April 22.