The Amended Law on Enterprises 2025 introduces various regulatory reforms aimed at transparency, strengthening corporate governance, and ensuring Vietnam’s legal framework aligns with global anti-money laundering standards.
On July 16, 2025, a parliamentary panel in India submitted 285 recommendations on the draft Income Tax Bill, 2025. The proposed legislation, expected to come into effect by April 2026, aims to replace the Income Tax Act of 1961.
Effective July 1, 2025, Shanghai raised its minimum wage to RMB 2,740 per month and RMB 25 per hour. The adjustment reflects a stable, cautious wage policy amid shifting economic conditions.
On October 10, the Australian government announced that it has agreed on a timetable with China for the full resumption of Australian live rock lobster exports by the end of 2024.
NITI Aayog's July 14, 2025, quarterly study shows India has gained advantages in 22 major export sectors through the US tariff changes that favor domestic producers over countries like China, Canada, and Mexico.
Effective from July 1, 2026, Vietnam Personal Data Protection Law establishes the country’s first comprehensive legal framework dedicated solely to the protection of personal data. The new law grants organizations a one-year transitional period to adapt their operations to comply with the updated legal requirements.