News Across Asia

China Economic Roundup - July 2023

In July, China's economic growth slowed further from the previous month, although with some notable exceptions in key sectors such as high-tech and NEVs. We break down the latest 2023 economic indicators.

India Amends Mining Law to Allow Private Sector Participation in Critical Mineral Exploration

India hopes to leverage private sector expertise in critical mineral exploration to sufficiently exploit its natural geological potential and reduce import dependencies for critical raw materials in frontier industries.

Laos Launches Digital Currency Trial

Laos has successfully trialed a digital currency prototype—the Digital Lao Kip—in cooperation with Japanese fintech company SORAMITSU.

India-Australia Trade Negotiations for a CECA: What We Know So Far

India and Australia are continuing the momentum over free trade negotiations, following the interim trade pact coming into force end of last year. Leadership of the two countries are seeking to close out the deal by December 2023 but officials are tight-lipped.

Vietnam Introduces E-Visa for All Nationalities from August 15, 2023

Starting August 15, 2023, Vietnam has implemented the new e-visa system for all nationalities, in a major boost to the country's tourism and allied sectors.

SBV Issues Guidance on Anti-Money Laundering Law

Here’s what foreign firms may need to know about the State Bank of Vietnam's most recent circular guiding the implementation of the Anti-Money Laundering Law.

Dubai Chamber Of Commerce Sets Up Trade Office In Sydney

India, UAE Commence Crude Oil Trade Using Local Currency Settlement (LCS) Framework

India and the UAE recently executed their first crude oil transaction involving 1 million barrels of crude oil using the Local Currency Settlement (LCS) mechanism, signalling a pivotal shift in the cross-border trade approach between the two nations.

How to Set Up a Representative Office in Indonesia

Opening a representative office is the fastest and simplest way of establishing a legal entity in Indonesia.

Capitalizing on Vietnam's Healthy and Sustainable Living Trend: A Guide for International Retailers

We discuss how retailers can take advantage of a growing trend in Vietnam toward eating healthy and making sustainable living choices.

GGC – UK Trade Increased 70% To Reach US$82.7 billion In FY 2022-23

China’s Health Foods Market: What Makes it Attractive for Foreign Investors

China's health foods market is benefiting from rising disposable incomes among local consumers who are willing to spend more on foreign products.