Topic: ASEAN Outlook

The two countries are striving to raise bilateral trade to $15 billion by 2028, PM noted during a meeting with his Indonesian counterpart prior to the 43rd ASEAN Summit.

In a new report entitled “The ASEAN Outlook - Exports: A Surprising Resilience Story”, HSBC wrote that having FDI in export industries is a “shield” for Vietnam’s economy. Service exports also plays an important role in the durability of ASEAN economies, including Vietnam.