Amidst a global downturn in foreign direct investment (FDI), ASEAN has consistently bucked the trend, marking its third consecutive year of growth. This sustained increase underscores ASEAN's position as a key destination for FDI.

Vietnam's aviation industry expected to benefit from the project.

Total investment capital estimated at $296.7 million.

The document, signed on August 29, covers such issues as the exchange of information about smuggling and illegal immigration, the prevention and suppression of illegal, unreported and unregulated (IUU) fishing, among others.

The ranking resulting from the "Return Visitor Ranking" survey conducted via the Agoda platform from August 1 – 19.

The project expected to meet demand of domestic and foreign visitors for relaxation, entertainment and cultural tourism.