The Australian business community continues to be dominated by services firms, with professional services making up 22% of all respondents operating in the region, Manufacturing, financial services, and travel, hospitality and entertainment each contributing more than 10% of business across the region.

Vietnam is now considered the most favourable place to expand business, surpassing the Philippines and Myanmar in recent years as well as Australia’s long-term business partners namely Malaysia and Singapore. VIR had an interview with Chau Ta, Vice President of AusCham Vietnam and President of AusCham ASEAN about the economic ties between Australia and Vietnam, especially Australian investment in Vietnam in the future.