Mainly due to increased foreign direct investments and a considerable boost to the manufacturing sector, Vietnam is projected to be the fastest growing economy in Southeast Asia. According to the Institute of Chartered Accountants in England and Wales’ recent Economic Insight: South East Asia report, the Vietnamese economy is expected to grow by 6.7% this year. Forecasts at DBS bank even mention the Vietnamese economy has the potential to overtake Singapore’s by 2029.
Euromonitor International took it a step further and said Vietnam could become the most dynamic market in the world by 2030. With similar situations occurring in different countries in the ASEAN region like Indonesia, Malaysia and Thailand, the value of the ASEAN region is increasing daily. The ASEAN regional economy is projected to expand 4.7% in 2019
The success of Vietnam and the ASEAN region in general can be attributed to the collaborations being seen in Southeast Asia. Some examples of these are the ASEAN +3, Comprehensive and Progressive Agreements for Trans-Pacific Partnership (CPTPP)and the Asia-Pacific Economic Co-operation (APEC). Future agreements are in the works and and can facilitate the growth of the region.
With the Asian region becoming more unified, the strategy for companies going online has to change too. In addition to securing your country’s online presence, companies need to consider their Asian identity at the same time. The companies which have presence in the region are taking advantage of the .Asia domain name too. Take Subaru (https://www.subaru.asia/) and agnès b. (https://www.agnesb.asia). In Vietnam, we are seeing local companies embracing the Asian audience as well. One example is Taste Vietnam (https://tastevietnam.asia), a Vietnamese restauranteur wanting to spread the Vietnamese cuisine outwards to Asia and the world. There were around 3600 new creates for .Asia domain names in Vietnam in 2018 and 2025 new creates as of June 2019.
The different countries in the Asian region are showing tremendous growth these days and with more collaborations on the cards, the value of ASEAN region is showing no signs of letting up.
This.Is.Asia Newsletter Issues
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.

Register for APrIGF Vanuatu 2018 Now!
The Asia Pacific Regional Internet Governance Forum (APrIGF) which will be held from 13 - 16 August at Port Vila, Vanuatu is now open for registrations. We have received a total of 108 workshop proposals covering a wide range of topics with Access & Empowerment...

Young Asian Kiteboarders make their mark in the Youth Olympics Qualifiers in Thailand (www.thailandyog.asia) with China, Philippines, Australia and New Zealand going to Buenos Aires.
DotAsia Organisation recently teamed up with Kiteboard Tour Asia to support the Asian riders in their quest to qualify for the Youth Olympic Games

Kaizen – Asian Philosophy for Business and Life
Kaizen is a business philosophy popularized in Japan in the 1950s. Its methodologies have become a global management guide that enthuses Startups and Multinational conglomerates alike. What’s more, the Kaizen tactics are so versatile it can also be used in personal development.

Discovery of Eco-Social Sustainable Development led by 3 Asian leaders to change the world
As selected from the localities under Youth Mobility Index, Go.Asia launches the “Asian Young Leaders” series aims to provide insights & inspirations for youth who are seeking objectives and motivations of their life path and to create ripple effect of making change among themselves.