Thailand’s economy slowed in the July-September quarter as the trade war and a slowdown in tourism started to bite, prompting the state planning agency to lower its annual growth forecasts, Nikkei Asian Review reports. Southeast Asia’s second-largest economy grew 3.3% on an annual basis, falling below projections of a 4%-4.2% expansion in a Reuters poll of analysts. Malaysia’s economy also grew at a slower pace than forecast in the third quarter as exports dragged on headline growth. The country’s GDP grew 4.4 per cent year on year in the third quarter, according to Bank Negara Malaysia. Vietnam, on the other hand, is reaping the benefits from the trade war. The country received US$35.88 billion in foreign direct investment last year, according to government statistics. Chinese firms are increasingly citing the trade war as a motivation to move south.