Vietnam an ASEAN top 3 business expansion destination

The survey’s results showed that most of enterprises in the ASEAN are focusing on business opportunities in the region, expecting strong growth in the next 12 months.

Singapore became the most attractive expansion destination with 80 percent of surveyed firms saying they are centering their production and business expansion in the country, followed by Thailand with 60 percent, and Vietnam with 50 percent.

Many firms have opted for Singapore to erect headquarters, sales and marketing offices, R&D centers or innovation centers at the…