News Across Asia

WeChat Enables Foreigners to Pay with Overseas Cards in China

In its latest update to WeChat Pay, Tencent has enabled foreign users to link their international cards, enhancing mobile payments in China and aligning with efforts to attract international tourists and boost domestic consumption.

India's Legislative Agenda During the 2023 Parliament Monsoon Session

We list the legislative bills expected to be tabled in the Monsoon Session of the Indian Parliament, to be held between July 20, 2023 to August 11, 2023.

Farewell To Don St.Pierre Snr; China Wine Expat Extraordinaire

Don St.Pierre, the legendary China expat and source of multiple well-known business legends in China and the United States, has died at his home in Thailand. 

E-Commerce in Vietnam: Insights into Cross-Border Business Opportunities with China

The cross-border e-commerce trade between Vietnam and China has flourished in recent years. Here's where the opportunities are for cross border collaboration between these two nations.

China’s Total Middle East and Africa Trade Up To US$1.63 Trillion

China's Multilateral Trade With Saudi Arabia, 2023/24 Status and Prospects

China’s Tax Incentives to Support the Education Sector

China has issued a guidance note that summarizes the available tax incentives for businesses and enterprises in the education sector. We list these 28 tax incentives and their relevant policy basis.

Vietnam News in Brief: Weekly Roundup July 21

The US Treasury Secretary stops by, the ADB and AMRO downgrade their GDP growth forecasts, and car sales increase 15 percent in June, in this week's Vietnam News in Brief

Meeting the July 31 ITR Filing Deadline for AY 2023-24 in India: Implications for Businesses

Timely filing and verification of income tax returns (ITR) are necessary for businesses in India to effectively navigate the tax system and avoid penalties and loss of tax benefits.

Vietnam Implements Enhanced Regulations on Foreign Bank Branch Lending Activities

The State Bank of Vietnam issued Circular 06/2023 which introduces stricter control over the lending activities of foreign bank branches in Vietnam.

Investing in Vietnam’s Sustainable Future: A Guide for European Companies

Being at the cutting edge of renewable energy technology and climate solutions, EU companies are uniquely positioned to benefit from Vietnam's transition to a sustainable economy. Here's how.

India Reopens PLI India Scheme for Technical Textiles and MMF Apparel and Fabric

India has reopened the PLI Scheme Textiles for Promoting MMF and Technical Textiles application window after initial setbacks and no new plants set up in the last two years. Further, more clarity is provided following the release of updated HSN Codes in June 2023 for product segments targeted by the PLI Scheme.