(VOVWORLD) - Vietnam, Malaysia, and Thailand are considered the top markets for expansion, according to a report from Standard Chartered, which polled senior executives at 40 Europe-based companies on their view of the Europe-ASEAN trade corridor.
 The automobile manufacturing industry, especially electric cars, is an attractive sector for European firms (Photo: Baocongthuong)
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90 percent of respondents said they expect business to increase in the next 12 months, on drivers such as a growing consumer market, free trade agreements, and a reliable supply base.
About 60 per cent of European companies working in ASEAN say Vietnam offers the best expansion opportunities in the region. Six high-potential growth sectors include pharmaceuticals, consumer goods, the automotive industry, construction, clean energy, and e-commerce.