Topic: Gateway to ASEAN

A recent UOB conference heard from leading companies about their journey to sustainable sourcing.

A recent UOB conference looked at the benefits Vietnam provides in offering access to ASEAN and the Asian region at large.

Mr. Frederick Chin, Head of Group Wholesale Banking and Markets at UOB, shares his insights with VET/ VnEconomy into the impressive growth of ASEAN and Vietnam and highlights their increasingly important roles in the global supply chain.

The event, organized by UOB, took place in Ho Chi Minh City on September 6, attracting over 600 participants.

With its growth rate maintained for many consecutive years, despite Covid-19 and the global economic recession, Vietnam is greatly appreciated by international investors for its economic prospects within ASEAN.

Amidst a global downturn in foreign direct investment (FDI), ASEAN has consistently bucked the trend, marking its third consecutive year of growth. This sustained increase underscores ASEAN's position as a key destination for FDI.