News Across Asia

China’s New Tariff Law: Consolidating and Codifying Existing Tariff Regulations

China's new Tariff Law consolidates prior rules on import and export duties and codifies measures for imposing counter-tariffs on imported goods.

India's Construction Equipment Market to Become World's 2nd Largest by 2030

An industry report from ICEMA notes that India's construction equipment market could triple in size to become world's second-largest by 2030.

China and Saudi Arabia Collaborate on Energy Transition

China and Saudi Arabia are collaborating to accelerate the energy transition towards renewable sources, marking a strategic move towards sustainability and economic diversification.

Applying for a Vietnam Work Permit: Guidelines for Foreigners and Employers

Vietnam has amended certain provisions regarding hiring foreign workers and the issuance of work permits. We provide the details.

India's Top 5 Investment Destinations in 2024

India Briefing lists the top five investment destinations in the country, ranked based on overall sectoral growth and industrial activities.

Statevolt to Invest US$3.2bn and Build New Battery Cell Gigafactory in UAE

Statevolt, a US-based company focused on sustainable industrialization and low carbon energy solutions, will build a new cutting-edge battery cell gigafactory in the UAE emirate of Ras Al Khaimah (RAK).

China-United Arab Emirates (UAE): Bilateral Trade and Investment Outlook

China is among the UAE's top commercial partners; both benefit from booming bilateral trade and investment cooperation on major BRI projects.

U.S. Commerce Department Initiates Sunset Review of Vietnam Laminated Woven Sacks

U.S. Halts Anti-Dumping Probe into Vietnam Steel Rolls

China Introduces New Policy Measures to Facilitate the Movement of Residents

China's National Immigration Administration has introduced a range of measures to simplify entry and exit procedures, extend business stays, and address tourism needs, aligning with the vision of a more integrated Greater Bay Area.

Is Vietnam a Market Economy? U.S. Considers Status Upgrade

The U.S. is debating whether to upgrade Vietnam's non-market economy status to a market economy to support President Biden's aim of fostering a "friend-shoring" relationship and diversifying supply chains away from China, potentially ending high duties on Vietnamese imports.

Insights into Indonesia's Standing in the 2024 Emerging Asia Manufacturing Index

The Emerging Asia Manufacturing Index 2024 report published by Dezan Shira & Associates provides insights into the factors that influence the manufacturing sector in emerging Asian countries such as Indonesia.