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Analysts at a recent economic conference in Ho Chi Minh City presented a brighter economic outlook for Vietnam this year, naming a number of industries that have begun to bounce back.
The assets of joint ventures and foreign banks in Vietnam registered a sharp increase last year, compared to have grown sharply last year with state-owned and commercial banks.
The stagnant property market is showing signs of livening up with major transactions taking place after many years.
Vietnam’s manufacturing remained positive for the sixth straight month February with new orders and production increase, HSBC said in a report.
Indonesia plans to woo companies from Japan to Europe as political turmoil in Thailand and rising wages in Malaysia boost the attractiveness of Southeast Asia’s biggest economy.