ScoutAsia Newsletter – APAC Insights (June 2025)

This edition of the ScoutAsia APAC Insights Newsletter offers a concise overview of major regional developments:

• Vietnam: The Trump Organization launches a $1.5B golf megaproject in partnership with Kinh Bac City, signaling a fusion of luxury development and diplomatic strategy. Coinciding with U.S.-Vietnam trade talks, the move reflects a growing trend of “fairway diplomacy.”
• Thailand: With over 165 Chinese auto parts manufacturers now operating locally—triple the 2017 count—Thailand emerges as a haven amid U.S.-China trade tensions. However, rising costs prompt some Japanese firms to repatriate production.
• China: A deepening divide in the auto sector sees NEV (New Energy Vehicle) leaders like BYD and Geely soaring, while traditional manufacturers struggle. BYD overtakes Tesla in global NEV sales, while companies like Guangzhou Auto see profit declines exceeding 80%.

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