HSBC Global Viewpoint
Under the Banyan Tree - An economic tour of ASEAN
Aug 17, 2023
ASEAN Economists Yun Liu and Aris Dacanay discuss key themes shaping ASEAN's economic landscape, including challenges in Vietnam's property market, impressive growth in the Philippines, Malaysia's strong FDI situation, Indonesia's macroeconomic stability, the travel sector in Singapore, Malaysia, and Vietnam, and the growth and interest rates in ASEAN's equity market.
16:26
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Foreign direct investment continues to flow into Vietnam despite trade challenges, with investors building up factories.
- The Philippines' favorable demographic trend attracts consumer-related foreign direct investment.
Deep dives
Vietnam's trade challenges and the resilience of FDI
Vietnam has been facing trade challenges, with declining export numbers and falling orders from the West. However, foreign direct investment (FDI) in Vietnam remains decent, as it reflects a medium to long-term perspective. Despite near-term trade difficulties, FDI continues to flow into Vietnam, with foreign investors building up factories. The country is also addressing challenges in the property sector through proactive measures, such as credit packages, in order to stabilize the market.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
