There is no denying the evident growth that Asian economies have undergone in recent decades. After intensive research into this economic prosperity, it is logical that an interest has been piqued. Before opening an auto parts factory somewhere in Asia, it is important to investigate the economic environments of the countries in question. Indonesia, Thailand and Vietnam are all Asian nations with unique strengths and weaknesses, which must be addressed before Worldwide Khan makes any moves. Over the past decade, the Vietnamese economy has developed at a particularly rapid pace. However, Vietnam's automotive industry has not progressed at the same pace. In 1991, the government of Vietnam introduced foreign funds to assist in the development of the automotive manufacturing and assembly industry. Currently, there are only a couple of hundred auto component manufacturing enterprises, most of which are small manufacturing enterprises with low technology and production capacity. These figures represent a fifth of Indonesia's production base and a fifteenth of Thailand's. Auto parts in Vietnam are generally dependent on import, as the automotive supply base is extremely limited. Although there are currently only three foreign auto parts manufacturers in Vietnam, meaning less competition, there are evidently crucial reasons why not many manufacturers flock to do business there. Due to the tiny size of the Vietnamese market and lack of a parts supply base, it is little discussed why this location may not be the ideal Asian country to set up an auto parts factory for Worldwide Khan, LLC. According to Toyota Vietnam general manager Yoshihisa Maruta, “a long-term development plan, stable policies and more incentives for...... middle of paper ......g Deep Sea Port (one of the major seaports of the world) make exports of automotive components exceptionally efficient, saving costs and time for market competitors. All these factors contribute to the obvious opportunities available and the reasons why a foreign investor wants to enter the Thai market. After absorbing the various pros and cons that could come with operating automotive component manufacturing in each of these countries, it is in my opinion that Thailand is the location with the most potential. Managing such business in Vietnam would require carrying a lot of baggage that might involve a lot of inputs, with little in the way of rewards. Indonesia appears to be a strong contender, almost matching the strengths put forward by Thailand. However, Thailand's encouraging government support in the automotive sector is what strongly separates it from Indonesia.