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Vietnam Briefing
Vietnam’s 2024 Social Insurance Law: Implications for Businesses
08/09/2024We discuss key points of Vietnam’s revised 2024 Social Insurance Law - effective from July 1, 2025 - which aims to strengthen social insurance coverage.
Middle East Briefing
Abu Dhabi's Office Space: Addressing the Demand for Grade A Assets
08/09/2024Abu Dhabi is experiencing a significant increase in demand for office space, driven by a growing private sector, rising business confidence, and an influx of foreign direct investment (FDI).
Vietnam Briefing
EU-Vietnam Free Trade Agreement: Key Provisions and Implications for FDI
08/09/2024As the EU-Vietnam Free Trade Agreement (EVFTA) completes four years in 2024, we explore its key provisions, business perceptions, and prospects for FDI firms.
India Briefing
Record Turnover for India’s Auto Component Industry: Details Here
08/08/2024India's automotive component industry reached a record turnover of INR 6.14 trillion (US$73.1 billion) in FY 2023-24. The government has identified 28 key components for indigenization under its 'localization roadmap' to support the 'Make in India' initiative.
China Briefing
China's Economic and Sports Industry Gains from Paris 2024 Olympics
08/08/2024We discuss how the Paris 2024 Olympics offer China a prime opportunity to enhance its global image, boost trade, and expand its market presence through sports-related exports and e-commerce.
Vietnam Briefing
U.S. Chooses to Retain Vietnam's Non-Market Economy Status Despite Reforms
08/08/2024The U.S. has rejected Vietnam's bid to change its non-market economy status after a year-long review, despite acknowledging reforms. The decision means that the U.S. will retain the methodology used in calculating anti-dumping duties on imports from Vietnam.
Middle East Briefing
Accepted Transfer Pricing Methods in the UAE: Guidelines from the Federal Tax Authority
08/08/2024We discuss the main transfer pricing methods accepted by the UAE government under the Corporate Tax Law and aligned with OECD guidance.
India Briefing
Eight National Highway Projects Sanctioned, Expected to Boost India's Connectivity
08/07/2024India has approved eight national high-speed road projects totaling 936 km, investing INR 506.55 billion (US$6.03 billion) to improve logistics efficiency and connectivity.
Vietnam Briefing
Key Industrial Parks in Northern Vietnam
08/07/2024We list key industrial parks in Northern Vietnam favored by foreign investors as well as their respective sector focus and tax incentives.
India Briefing
Capital Gains Tax in India: An Explainer
08/07/2024In India, any profit or gain arising from the sale of a capital asset is deemed as capital gains and is charged to tax under the Income-tax Act, 1961. We discuss the latest changes to taxation of capital gains introduced under the Union Budget 2024.
China Briefing
New 144-Hour Visa-Free Policy for Foreign Tour Groups from Hong Kong and Macao Entering Hainan
08/07/2024China's National Immigration Administration (NIA) has introduced a new 144-hour visa-free policy for foreign tour groups from Hong Kong and Macao entering Hainan, expanding the scope of the existing 30-day visa-free policy.
Middle East Briefing
Egypt's Fiscal Performance in the 2023-24 Financial Year
08/07/2024While Egypt's fiscal performance in 2023-24 shows significant achievements, ongoing economic reforms are essential for sustainable growth.