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What happens in Vietnam, stays in Asean: Malaysia’s Zafrul

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Anita Gabriel

Anita Gabriel

Published Fri, Sep 15, 2023 · 02:30 PM
    • Zafrul Aziz says: "The focus on growth and investments has to be inclusive. I think if the economy progresses and people’s lives get better, they will stop (constantly) talking about politics.”
    • Zafrul Aziz says: "The focus on growth and investments has to be inclusive. I think if the economy progresses and people’s lives get better, they will stop (constantly) talking about politics.” PHOTO: YEN MENG JIIN, BT

    A SENIOR Malaysian minister has declared that the country is unfazed by the competition heating up in the manufacturing space, following the US’ move to tighten economic, trade and investment ties with Vietnam, Malaysia’s smaller South-east Asian peer.

    With Malaysia having launched a fresh industrial plan to elevate its game in manufacturing – its second-sweetest spot for foreign direct investments (FDIs) – its Minister of Investment, Trade and Industry Zafrul Aziz said that the country in fact expects to benefit as the US and Vietnam upgrade their ties.

    Malaysia plans to commit billions of dollars in semiconductor and artificial intelligence deals in the sector, he also said, in an interview with The Business Times.

    MalaysiaAsean Business

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