The best trade and investment opportunities for Thai SMEs are Indonesia and the CLMV countries. However, to determine which markets should target for investment, SMEs need to determine which advantages their business would like to build upon. Indonesia and Vietnam both benefit from having large markets thanks to their large populations. It is easier and faster to start business operations there compared to other CLMV countries. However, for labor-intensive industries, the best destinations to invest should be Cambodia and Myanmar. Vietnam, which used to attract investments focused on low labor cost, is not as attractive as it used to be. Due to labor shortages, Vietnam has had to increase its minimum wage around 25-30% in 2012, making wages 1.5 times higher in Vietnam than in Myanmar and Cambodia.