CCX Partners

Merry Christmas & Happy New Year from CCX Partners!   As the year comes to a close, we at CCX Partners would like to extend our heartfelt gratitude to our clients, partners, and team members who have made 2024 an incredible journey. May 2025 bring exciting opportunities, continued success, and fulfillment in all that you do. Here's to celebrating the past and looking forward to the future – together! ______________ CCX PARTNERS Hongkong: 17/F, Glenealy Tower, No.1 Glenealy Central, Hong Kong SAR Hanoi: 11F, Viet A Tower, Duy Tan, Cau Giay, Hanoi HCMC: 10F, Vincom Center, Le Thanh Ton, District 1, HCMC W: www.ccx-partners.com #CCXPartners #HolidayGreetings #MerryChristmas #HappyNewYear2025 #ThankYou #Partnership

ASEAN's energy market is at a critical juncture, offering immense growth opportunities but requiring urgent investment to meet its goals. According to ASEAN’s roadmap, the region requires $190 billion in energy investments by 2035 and an increase in clean energy investments to $12 billion—six times the current level—by 2030 to achieve its long-term goals (International Energy Agency, 2024). However, in 2023, ASEAN attracted only $72 billion in energy investments, despite accounting for 9% of the world’s population, 6% of global GDP, and 4% of global energy consumption. Moreover, clean energy investments in ASEAN are at a 0.8 ratio to fossil fuels, significantly lagging behind the global average of 4.7. To align with the climate and energy targets set for 2030, a stronger wave of investments is essential. ASEAN holds tremendous potential for attracting capital due to its dynamic growth prospects: 1️⃣ Southeast Asia is poised to become one of the world’s largest drivers of energy demand growth, projected to account for 25% of global energy demand expansion by 2035, trailing only India. 2️⃣ Significant opportunities remain untapped, such as interregional grid infrastructure development, hydrogen markets, and solar capacity expansion. For instance, solar capacity expansion alone requires $156 billion by 2030 to meet demand. 3️⃣ ASEAN member countries have established specific renewable energy targets paired with attractive support policies, creating a favorable environment for investments. ASEAN's energy transition represents a critical turning point, with significant untapped opportunities in renewable energy. With our hyper-localized expertise and extensive network, CCX is committed to helping investors navigate and capitalize on energy sector opportunities in ASEAN with ease. ______________ CCX PARTNERS A: 17/F, Glenealy Tower, No.1 Glenealy Central, Hong Kong W: www.ccx-partners.com #CCXPartners #ASEAN #EnergyInvestment #Sustainability #RenewableEnergy

ASEAN has recently concentrated on sustainable development to promote unity and centrality in response to the fierce competition among major powers and the economic and social challenges. Amid COP 29 which emphasizes on the importance of key developing regions’s efforts toward sustainable development goals and climate changes, let’s take a look into ASEAN’s strategic initiatives and actions with key global trade partners in the past decade since the signing of the Paris Agreement for Climate Change. 1. ASEAN has strengthened its cooperation with the UN to achieve its SDGs before 2030. The two sides made collective efforts to enhance the complementarities between the ASEAN Community Vision 2025 and the UN 2030 Agenda for Sustainable Development (Complementarities Initiative) endorsed by the ASEAN-UN Summit in 2016. 2. ASEAN and China have made sustainable development a priority in their cooperation The Joint Statement on Strengthening China-ASEAN Common Sustainable Development published at the 25th China-ASEAN Summit in Phnom Penh in November 2022 emphasized the importance of ASEAN unity and “centrality” in promoting ASEAN’s sub-regional development and recognized the relevance of sub-regional development to ASEAN’s regional integration and community-building process, especially in narrowing the development gap within ASEAN and between ASEAN and the rest of the world. 3. ASEAN has strengthened its cooperation on SDGs with the United States ASEAN and the United States have agreed to advance efforts to achieve the UN SDGs, with particular emphasis on certain fields, such as education, conservation of natural resources and the environment, equitable development and sustainable economic growth (“ASEAN-U.S. Leaders’ Statement on the Establishment of the ASEAN-U.S. Comprehensive Strategic Partnership.” 2022). 4. ASEAN has considered EU as the strategic global partner for growth and sustainable development ASEAN is the EU’s third largest trading partner outside Europe, following the United States and China, and the EU was the second-largest provider of FDI for ASEAN in 2021 (Singh 2022). The two sides convened the High-Level ASEAN-EU Dialogue on Sustainable Development: Towards Achieving the Sustainable Development Goals in Bangkok, Thailand, in November 2017, and since then, the High-Level Dialogue has become a platform for promoting cooperation on the effective implementation of the 2030 Agenda for Sustainable Development and the 2015 Paris Agreement on Climate Change. Source: Why can ASEAN Promote Sustainable Development Cooperation? (Cao Ting, Luo Yongkun, 2023) CCX Partners help our clients and partners understand, navigate, and win in ASEAN markets through our depth of expertise, broad of experience,e and enthusiasm for Sustainability.  #CCXPartners #ASEAN #Trade #Investment #SDGs #Sustainability

The largest trade partner in the European Union for Vietnam is Germany. In turn, Vietnam is the largest trade partner for Germany in the ASEAN region. We are eager to see such forums and platforms in place, fostering even more meaningful trade & investment relationships between the third-largest economy and one of the highest-growth economies in Asia. ** German investments in Vietnam have created around 50,000 jobs. As of 2022, 450 German companies had invested around $2.8 billion in Vietnam. Trade between the two countries has increased steadily over the years, from just over $1 billion in 2000 to $18.6 billion in 2023. #investinasean #vietnam #germany #investment #trade

🌟 Pharmaceuticals In Vietnam: Rising Star to Attract FDI? What makes Vietnam so attractive that Sanofi has chosen to establish it as their strategic pharmaceutical hub in ASEAN, with three large manufacturing plants accounting for 81% of their production capability in Southeast Asia? As Vietnam’s economy transitions from one of the world’s poorest to a vibrant lower-middle-income market, the impacts are evident across industries. In 2024, GDP is projected to reach $468 billion, with per capita income nearing $4,650. Additionally, the rapidly aging population – with nearly 20% expected to be over 60 by 2038 – is fueling increased healthcare demand, creating significant growth opportunities for the pharmaceutical industry. Vietnam's competitive advantages in attracting foreign direct investment (FDI) include: 🏛 A stable political and social environment 📄 Strong global integration, with 15 trade agreements (including the UKVFTA and EVFTA) 📈 Consistent economic growth 💹 A growing domestic market Vietnam’s attractiveness for global pharma investment is further underscored by over $1.8 billion in foreign investments and the presence of leading companies such as Bayer, Sanofi, and Abbott. Moreover, Vietnam's strategic location and free trade agreements make it an ideal choice as an export hub to unlock the ASEAN market, connecting companies to Southeast Asia’s burgeoning healthcare needs. With Vietnam opening more doors for foreign investors, it is an opportune time to expand in this high-potential, dynamic market. Our team offers strategic insights and expert guidance on site selection, partner search, and market entry. Connect with us to drive your success in Vietnam. #CCXPartners #pharmaceutical #Vietnam #market #foreign #investment #future

In October 2024, Asia-Pacific Conference of German Business (APK) took place in The Taj Palace, New Delhi with 3 full days agenda. The Conference welcomed H.E Olaf Scholz - Chancellor of Germany and H.E Shri Narendra Modi - Prime Minister of India along with 800 government officers, and business leaders from the German Businesses network. Focused on sustainability, industrial innovation, and the evolving global landscape, APK 2024 provides an invaluable platform for impactful discussions, business forums, and networking opportunities. CCX Partners are humble to be part of this gathering to gain insights, share knowledge, and strengthen collaborations. Here’s a snapshot of our key takeaways from APK: 1️⃣ Asia-Germany Economic & Trade Synergy Asia has become one of Germany’s largest trading regions, and this relationship is driving economic resilience and shared innovation. Key sectors like automotive, engineering, and green technology are leading the way, with both regions committed to sustainable practices. Bilateral policies focused on transparency, digitalization, and energy efficiency further reinforce Germany’s role in supporting Asia's development journey. 2️⃣ India’s Emerging Economic Power India is standing out as a major player, with its fast-growing digital economy, highly skilled labor force, and supportive policy reforms that attract foreign investment. From renewable energy and infrastructure to digital solutions, the synergies between German manufacturing expertise and India’s tech landscape create immense opportunities. As Southeast Asia’s economies grow, ASEAN is becoming a strategic trade bloc for German businesses. In 2023, ASEAN-Germany trade flows reached $69 billion, underscoring ASEAN’s status as a resilient and essential partner for Germany. Particularly noteworthy is Germany’s foreign direct investment (FDI) in ASEAN, which grew significantly by 23.2% from 2022 to 2023. This increase highlights the confidence German enterprises have in ASEAN as a region for growth, supply chain diversification, and innovation. Vietnam, as one of ASEAN's fastest-growing economies, is uniquely positioned to benefit from this thriving partnership. The opportunities here are vast: with Germany’s support in areas such as digital transformation, climate resilience, and sustainable manufacturing, ASEAN can further leverage its economic strengths while aligning with global goals in sustainability. For Vietnamese enterprises, this relationship offers pathways for technological advancement and green investments, potentially fostering more resilient and diversified economic growth in the region. At CCX Partners, we’re dedicated to translating these insights into actionable strategies for our partners across Asia and Germany. Together, let’s build a resilient and prosperous future. Photo credit to Indo-German Chamber of Commerce team!

#ZoomOut: Winning strategies in the healthcare industry The healthcare industry is a dynamic landscape with diverse market conditions. From the emerging markets of Asia Pacific to the mature markets of Europe, businesses must tailor their strategies to capitalize on opportunities and overcome challenges. For the three primary market maturities – emerging, growing, and mature – companies at different stages should adopt distinct competitive strategies, falling into three main categories: defensive, balanced, and aggressive. The following matrix categorizes nine competitive strategies: 1️⃣ Market Opportunities Exploration: Expand into underserved rural areas and urban slums. Focus on preventive care and affordable solutions to meet the needs of a growing population. 2️⃣ New Technology Leverage: Invest in cutting-edge technologies like telemedicine, AI-powered diagnostics, and wearable devices to improve access, reduce costs, and enhance patient experiences. 3️⃣ Product/Service Expansion: Introduce a wide range of products and services, including essential medicines, diagnostic tests, and healthcare infrastructure development. 4️⃣ Market Share Continuity: Maintain a strong market presence through strategic partnerships, mergers, and acquisitions. 5️⃣ Demand-Driven Growth: Focus on meeting the increasing demand for healthcare services, particularly in areas like chronic diseases, specialty care, and medical tourism. 6️⃣ Product/Service Expansion: Introduce new products and services that align with the evolving needs of the market, such as advanced therapies and personalized medicine. 7️⃣ Process Optimization: Streamline operations to reduce costs and improve efficiency. 8️⃣ Quality Advancement: Focus on delivering high-quality care and maintaining regulatory compliance. 9️⃣ Differentiation: Develop unique value propositions, such as innovative products, personalized services, or specialized care. #Healhcare #CCXPartners #Asia #ASEAN #Asiastrategy

#ZoomOut: Explosive growth in Global Health and Wellness market The global health and wellness market is witnessing explosive growth, making it one of the most promising sectors today. In 2022, the market was valued at an impressive $5,244 billion, and it is projected to soar to $8,946 billion by 2030. This remarkable expansion is driven by increasing consumer awareness and demand for products and services that enhance both physical and mental well-being. One of the standout segments within the health and wellness market is the nutraceutical sector. In 2023, this sector alone was valued at $419.93 billion and is expected to grow at a robust CAGR of 9.95%. This growth underscores the rising consumer interest in dietary supplements, functional foods, and other products that promote health through nutrition. Regarding key growth drivers, Millennials and Gen Z are at the forefront of this market boom. These younger consumers are outspending their older counterparts, with a strong emphasis on appearance (cosmetic procedures, hair care, skin care products) and health ( over-the-counter medications, and vitamins and supplements). According to a McKinsey survey in the US, the top reasons for their choices are effectiveness (51%), affordability (50%), and high quality (50%). This has intensified competition among businesses, pushing them to continuously improve product quality. As the market evolves, several key trends are shaping its future: 1️⃣ Clinically Proven Over Natural: Consumers are showing a growing preference for products with clinically proven ingredients rather than those promoted as natural or clean. This shift challenges businesses to update their product formulations while staying true to their brand vision. 2️⃣ Influencer Recommendations: Influencers, particularly doctors, play a significant role in consumer purchasing decisions. Products recommended by doctors are particularly influential in areas like mindfulness, sleep, and overall health. This trend highlights the importance of strategic marketing through influencers to reach targeted audiences. 3️⃣ Growth of Services: Beyond products, there is a growing demand for services related to physical and mental health, such as personal training, nutrition counseling, and mental health services. This trend offers new revenue opportunities for product companies and service providers alike, catering to the increasing need for personalized health solutions. The global health and wellness market is not just growing—it’s evolving. With the nutraceutical sector leading the charge and Millennials and Gen Z driving demand, businesses must adapt to new trends and consumer preferences. Whether it’s through improving product quality, leveraging influencer marketing, or expanding into health services, the opportunities in this market are vast and varied. For businesses ready to innovate and meet these demands, the future looks bright. #Healthcare #CCXPartners #Asia #ASEAN #Asiastrategy

[VTG 2024 - Executive Seminar] Last Call for VIP Registration | 27 September, 2024 Are you a key decision-maker in procurement and sourcing in the textile and garment industry? Whether you're looking to enhance your sourcing capabilities or stay ahead of evolving market trends, this is your exclusive opportunity to join forces with top industry experts and leading suppliers from across the APAC region at the VTG 2024 Executive Seminar. Tailored for senior industry leaders, this seminar offers a deep dive into the latest strategies for building a high-impact fabric supply chain, and forging connections with suppliers who can elevate your operations to the next level. Executive Seminar Information: 📅 09:30 AM - 4:30 PM, 27 September, 2024  📍Seminar Room E202, Saigon Exhibition and Conference Center (SECC), District 7, Ho Chi Minh City With only 50 VIP attendee spots and seats filling up quickly, this is your last call to be part of this game-changing seminar. Don’t miss out – secure your VIP seat today via: https://lnkd.in/dT-v7Jys ______________ The 22nd Vietnam International Textile & Garment Industry Exhibition W: https://lnkd.in/gCPZuGXa CCX PARTNERS A: 17/F, Glenealy Tower, No.1 Glenealy Central, Hong Kong W: www.ccx-partners.com E: [email protected] #CCXPartners #Asia #ASEAN #Asiastrategy #Procurement #Sourcing #Textile #Garment #ValueChain

[VTG 2024 - Executive Seminar] Elevating the Textile & Garment Industry value through high-impact Fabric Supply Chain | 27 September, 2024 Vietnam stands as a global leader, ranking among the top 5 textile and garment exporters, but much of its success comes from operating at the lower-value manufacturing stage of Cut-Make-Trim (CMT). As labor costs rise and competitive advantages wane against countries like Bangladesh and India, the industry’s future hangs in the balance. With 99% of cotton and 64% of fabrics being imported, the big question is: How can Vietnam build a self-sufficient, high-value textile and garment supply chain? Don’t miss the VTG 2024 Executive Seminar, where visionary leaders from top garment companies will reveal their bold strategies to transform Vietnam's industry. Discover how innovation and integration can unlock greater value, elevate completeness, and future-proof the nation's textile industry: 1️⃣[Keynote] Vietnam’s position in Global Textile & Garment Material sourcing  - Mr. Shafiar Rana - Manager, Global Factory Compliance Standards & Strategy, VF Corporation 2️⃣Upstream: Bridging the gap in Vietnam's Textile & Garment value chain - Mr. Ralf Wasmuth - Senior Consultant, ARC Consulting 3️⃣[Panel discussion] Diversification strategy in Fabric Sourcing from Global Fashion Brands 4️⃣[Keynote] Global fabric sourcing: Navigating challenges and opportunities - Mr. Lĩnh Trần - Manufacturing Manager, ADIDAS 5️⃣Toward self-sufficient Textile Materials and Fabrics - Mr. Chris Walker, Vietnam Sourcing Expert - Vietnam Factory Tours 6️⃣[Panel discussion] Beyond CMT: The essential journey to OEM, ODM, and OBM 7️⃣Empowering Vietnam’s Textile & Garment SMEs to sustainable growth - Mr. Viet Anh Do, CEO - BOO Executive Seminar Information: 📅 09:30 AM - 4:30 PM, 27 September, 2024  📍Seminar Room E202, Saigon Exhibition and Conference Center (SECC), District 7, Ho Chi Minh City Don’t miss this unique opportunity to collaborate, connect with industry professionals and lead the change in a rapidly evolving textile and garment sector. Secure your spot now: https://lnkd.in/dT-v7Jys ______________ The 22nd Vietnam International Textile & Garment Industry Exhibition W: https://lnkd.in/gCPZuGXa CCX PARTNERS A: 17/F, Glenealy Tower, No.1 Glenealy Central, Hong Kong W: www.ccx-partners.com E: [email protected] #CCXPartners #Asia #ASEAN #Asiastrategy #Procurement #Sourcing #Textile #Garment #ValueChain