Decree 80/2024/ND-CP on Direct Power Purchase Agreements (DPPA) is part of Vietnam’s broader strategy to promote environmental sustainability and enhance the competitiveness of its retail electricity market.
At the INDIAai Summit 2024, Union Minister of Electronics and IT, Ashwini Vaishnaw said the country will invest in an AI computing infrastructure with at least 10,000 graphics processing units.
China's industry clusters foster economic growth by enhancing efficiency, innovation, and competitiveness through geographic concentration of interconnected businesses, suppliers, and institutions.
The Andhra Pradesh government has issued a gazette notification on the Amaravati Government Complex Master Plan, reviving the new capital project nearly a decade after Telangana's bifurcation. We discuss the stakes involved as Hyderabad will no longer be the joint capital of the states of Andhra Pradesh and Telangana from June 2, 2024.
Malaysia's MM2H program introduces a three-tier system with mandatory property purchases and revised visa requirements.
Vietnam wants to update existing regulation to ensure e-invoicing for livestream sales and strengthen tax scrutiny in the e-commerce sector.
Starting July 10, 2024, a five-year multi-entry travel permit can be applied by non-Chinese permanent residents of Hong Kong and Macao, to facilitate travel to the Chinese mainland.
The S&P’s Purchasing Managers Index (PMI) for UAE in June revealed a score of 54.6, slightly down from May's 55.3, but still indicative of robust business activity within the UAE economy.
Transfer pricing compliance in the UAE Free Zones ensures transactions between related entities reflect fair market value, aligning with international tax standards and the UAE Economic Substance Requirements.
Hyundai India's IPO listing is anticipated to be the largest ever in the Indian market, valued at US$2.9 billion. Investment banks like Citi, JP Morgan, HSBC, Morgan Stanley, and Kotak are advising Hyundai on the IPO entry.
The Vietnam government is seeking more Chinese investments and technological support in advancing national and cross-border rail projects, which will both reduce logistics costs and provide effective public transportation.
New employment trends are emerging in China's labor market amid structural challenges. Businesses should stay agile, invest in talent, and adapt to changing market dynamics to accommodate the implications.