Edison Chen
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Actually Chinese businesses control 8 ASEAN economies, Vietnam and Brunei are two exceptions. So that answers the question who will lead ASEAN, either like the German guy Götterdämmerung says it will be "China", or it will be Vietnam. Brunei is too small. LOL
To be serious, I see Singapore is the only one who is qualified for the role. Multicultural Singapore is rich, it is very strong in economics, defence and last but not least in cultures and custom (because Chinese). The country can serve as a bridge to China.
Vietnam has the potential to become something like four tigers in next a few decades. But Vietnam economy is not big enough to give you such weight to be qualified as the leader. Your chances would come till China upgrades economy structure from labor intensive type to tech intensive type. Now you can see Nike factories shifting production line from China to Vietnam, same happens in other industry as well. You can get substantially rich, but not the real leader of ASEAN.