Markets 2017-10-09T02:12:18+00:00

MYANMAR

With the total area of 678.500 km², consisting of 7 administrative zones and 7 states, and the population of 60 million, Myanmar is considered as the largest country in South East Asia.

In recent years, Myanmar has begun opening its domestic market to foreigners and implemented economic development program which has focused on growing private sector through constructing modern infrastructure, boosting economic integration with the world through ASEAN and other regional free trade areas.

Myanmar has emerged into the top South East Asian economies with great potential for investors. According to Oxford Business Group, the country is enjoying the highest growth rate in the SEA and was described as a promising destination for investors who are looking for big opportunities in such region.

CAMBODIA

Cambodia covers a total area of 181.035 km² with the population of 17 million and is located in the tropical zone.

Cambodian consumer demand is huge but has average requirements for quality, that Vietnam companies can meet. In recent years, bilateral trade turnover between Vietnam and Cambodia has increased sharply. Beside Thailand products, Cambodian starts increasingly using goods made in Vietnam. Import from Vietnam has been closed to Thailand’s, largely because of its equivalent quality yet competitive price than Thailand’s and steadier supply compared to China’s.

Vietnam and Cambodia have developed a close-knit relationship, thus creating favorable conditions for cross-border trading between the two countries. Total bilateral trade turnover has risen significantly over the years, in which Vietnam recorded continuous trade surplus with Cambodia. High-demanded products for import in Cambodia include oil & gas, consumer goods, agriculture supplies and materials for construction, textile and footwear industries.

LAOS

Laos’ total area is 237,955 km² with the population of 7 million. It is the only country that doesn’t border seas.

The country is among the fastest growing economies in the SEA, which mainly thanks to foreign investment in mineral and electric power industries. Besides, manufacturing and services sectors have begun attracting more investment from outside including Vietnam.

According to Asian Development Bank (ADB), Laos’ economy will keep growing at a high rate in years to come, thus making it a huge potential market for enterprises to explore.

CHINA

China, officially the People’s Republic of China (PRC), is a unitary sovereign state in East Asia and the world’s most populous country, with a population of around 1.404 billion. Covering approximately 9.6 million square kilometres (3.7 million square miles), it is the world’s second-largest state by land area and third- or fourth-largest by total area.

Since the introduction of economic reforms in 1978, China’s economy has been one of the world’s fastest-growing. As of 2016, it is the world’s second-largest economy by nominal GDP and largest by purchasing power parity (PPP). China is also the world’s largest exporter and second-largest importer of goods.