Kuala Lumpur, March 31 -- Amid intensifying competition for foreign direct investment (FDI) in Southeast Asia, Malaysian experts have candidly recognised Vietnam's strong advantages in workforce capacity and market size. Speaking at the New Japan-Malaysia Industrial Cooperation Seminar, Nazir Razak, Chairman of the ASEAN Business Advisory Council (ASEAN-BAC) Malaysia, acknowledged growing competition from regional economies such as Vietnam, which benefits from political stability, an abundant labour force, and a larger domestic market. However, he noted that Malaysia can maintain its position thanks to its open economy and consistent governance policies. To address global geopolitical challenges, Malaysia is promoting its 70-year diplomat...