Thursday, October 29, 2015

Optimistic about IndoChina Region economic boom

Indo-China, It’s a boom region. It includes Vietnam, Cambodia, Laos, Thailand–which is not booming right now–but Myanmar also and in the north Yunnan province of China, and in the south Malaysia, Singapore. This region can grow at six percent to eight percent per annum for the next 10 years, provided there’s peace. 

Cambodian exports were up 20% this year. Vietnamese exports are up approximately 10% this year. So relative to the rest of the world, this is a boom region.