News Across Asia

Vietnam's Cybersecurity Administrative Action Draft Decree

The third draft of Vietnam's Cybersecurity Administrative Action Decree (CASD), set to take effect on December 1, 2023, brings forth crucial regulatory changes in the realms of cybersecurity and data protection. Here are the details.

Investing in Indonesia: The 2023 Mid-Year Investment Report

In this H1 2023 Indonesia investment report, we discuss the performance of standout sectors and highlight areas ripe for foreign capital infusion, business development, and trade expansion.

Investment Outlook for India’s Startup Ecosystem in 2023

We explore India's startup investment trends during the funding winter since H2 2022 and the government's definitions of these enterprises.

Exporting from Vietnam to the USA: When You Need a Local Presence

Planning to export from Vietnam to the US? This article outlines how it works and when you should think about establishing a local presence.

Shenzhen Extends Application Deadline for 2021/2022 IIT Subsidy to October 20

Shenzhen has extended the individual income tax (IIT) subsidy application deadline for foreign and in-demand talent to October 20, 2023, from September 30.

Unified Gulf Cooperation Council Visas To Be Implemented Soon

Import Relief for IT Hardware Companies as India Encourages Local Production

Major IT hardware companies have held talks with the Indian government, leading to a postponement of import curbs. Instead, the focus is now on promoting local production alongside a new import management system.

India Introduces Final Angel Tax Rules for Overseas Investments in Startups

India has finalized its rules for taxing overseas investments in startups in the country—commonly called the 'angel tax' provision. We discuss the valuation process for startup investors under the amended Rule 11UA.

Companies in India Can Hold Virtual AGMs and EGMs till September 30, 2024

Companies in India can hold their AGM/EGM meetings for 2023-2024 virtually until September 30, 2024, following a clarification from the MCA.

Exploring Friendshoring: Shifting Operations in Asia and China+1

In this article, we look at the possible destinations for friendshoring, focusing on the relationships of key Asian countries with the US and Europe.

China's Digital Yuan App Gets a Boost: New Features Enhance Convenience for Foreign Users

China's digital yuan app has added a new function allowing foreigners to top-up the money in their wallets before making payments, improving their experience with the e-CNY payment services.

Investing in Industrial Zones in Vietnam

The industrial real estate market in Vietnam has experienced a dramatic increase in foreign direct investment (FDI). In this article, Vietnam Briefing lays out a panoramic view of the sector and its key growth drivers.