Tue. Dec 24th, 2024

The Singapore-based Maybank Kim Eng held a workshop in the country on
March 31-April 1 to highlight business opportunities in ASEAN in 2015
and onwards.

Experts said the integration
opportunities remain open for all ASEAN businesses given the ASEAN
Economic Community (AEC) will be established by late 2015.

Steven Chan, regional head of the banking and financial research at
Maybank Kim Eng Securities Hong Kong, told Vietnam News Agency
correspondents that the AEC will bring huge benefits for Vietnam with
its targets of promoting trade, increasing the labour force, and
improving the internal GDP.

Specifically, the AEC
formation will help Vietnam maintain stable economic development and
consolidate trust of foreign investors so that to draw bigger
investments from the insiders and outsiders of the bloc, he added.

According to Sadiq Curimbhoy, Maybank Kim Eng Global Investment
Strategist, the infrastructure, financial services, tourism, and trade
sectors will benefit most from the AEC if businesses could spot
opportunities and seize them.

During the workshop,
experts talked about the role of women in economic development and how
to grasp opportunities in ASEAN emerging markets and use technology to
develop operations.

Founded in 1967, the Association
of Southeast Asian Nations (ASEAN) groups Brunei, Cambodia, Indonesia,
Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and
Vietnam.-VNA

By vivian