LAOS

Riding on the existing Greater Mekong Sub-region (GMS) Economic Cooperation mechanism and the establishment of ASEAN Economic Community, the China-IndoChina Peninsula Economic Corridor proposed under the Belt and Road Initiative is expected to deepen China-ASEAN regional integration by pushing forward infrastructure connectivity, industrial co-operation, cross-border trade as well as e-commerce development. More

When it comes to production bases in Mainland Southeast Asia, Thailand may appear the best option for foreign investors in view of its physical and business infrastructure. Owing to rising wages, its attractiveness for labour-intensive manufacturing is fast diminishing against that of Vietnam, a rising star in the region. In seeking alternative production bases, Cambodia and Myanmar appear to be more viable options than Laos, albeit the former two are not without their own challenges. More