Commercial property and residential condo buildings are pictured in Bangkok. (Photo by Alex OGLE / AFP)
Thailand, Vietnam and India are the Asian countries which have most improved their ranking over the past year in the list of the best countries in which to do business assessment by the Economist Intelligence Unit (EIU).
The business environment report measures the attractiveness of the business environment in 82 countries on a quarterly basis, using a standard analytical framework with 91 indicators.
The assessment found that Vietnam and Thailand have favourable policies for foreign investors and are benefiting from firms pursuing a China+1 policy of having supply chains in both China and another Asian market.
The China+1 policy is a result of the impact of China’s zero-COVID policy, which constrained business operations. It also allows businesses to mitigate…
