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News Across Asia

Vietnam Briefing

Major Regulatory Updates in Vietnam Effective May 2025: What Businesses Need to Know

05/14/2025

Major regulatory updates in Vietnam, effective May 2025, cover foreign ownership in finance, fuel price control, statistical reform, and economic classification.

India Briefing

Indian Pharma on Alert as US Slashes Drug Prices Under MFN Policy

05/14/2025

On May 12, 2025, the Trump administration mandated pharmaceutical companies to reduce the prices of drugs sold in the US under the MFN pricing model. This could affect the Indian pharma sector, a key supplier to the US market.

China Briefing

BOI Filing in China Q&A (III): How to Decide the Beneficiary Owner?

05/14/2025

This issue of the BOI Filing in China Q&A series explains how to determine the beneficial owner of an enterprise based on specific circumstances. It is the final installment in this three-part series.

Vietnam Briefing

Vietnam Enhances Incentives for National Innovation Center: Implications for Business and Startup Community

05/14/2025

On May 5, 2025, Vietnam introduced Decree No. 97/2025/ND-CP (“Decree 97”), providing incentives for the National Innovation Center (NIC) to create a more favorable environment to foster innovation among the country’s business community.

Middle East Briefing

UAE Luxury Market: Legal Trends and Opportunities

05/14/2025

The UAE luxury market's evolving legal landscape is transforming compliance into a strategic growth tool for luxury brands, offering greater control, protection, and regional expansion opportunities.

China Briefing

US and China Cut Reciprocal Tariffs to 10% in 90-Day Reprieve - Highlights from US-China Trade Talks

05/14/2025

China and the US have reached an agreement to reduce reciprocal tariffs from 125% to 10% for 90 days, with the possibility of a broader trade deal on the horizon.

ASEAN Briefing

Tariffs and Chips: Singapore’s Talks with the U.S.

05/13/2025

Singapore is negotiating with the U.S. to ease tariffs on pharmaceuticals and secure access to advanced chips amid shifting trade policy.

China Briefing

Carney’s Canada: What’s Next for China-Canada Trade and Investment?

05/13/2025

Mark Carney’s pro-trade stance as Canada’s new Prime Minister could open up new trade and business opportunities with China, particularly in clean energy, agriculture, and energy trade.

India Briefing

Reviewing India’s Economic Pulse Amid Cross-Border Tensions

05/13/2025

Despite trade restrictions and cross-border tensions with Pakistan, India’s economy remains resilient—maintaining momentum for domestic manufacturers and continuing to attract foreign investments.

Middle East Briefing

Egypt's New Labor Law: Modern Employment Framework, Alignment with Global Standards

05/13/2025

Egypt’s New Labor Law, introduces modern employment structures, updated parental protections, and streamlined dispute resolution.

ASEAN Briefing

Tourism Boosts Vietnam’s Economic Outlook in 2025

05/12/2025

Vietnam’s tourism rebound in 2025 is driving economic growth and attracting foreign investment interest.

Vietnam Briefing

Vietnam Automotive Industry in 2025: Growth, Tariff Impacts and Future Outlook

05/12/2025

Amidst disruptive supply chains and global trade uncertainties, Vietnam’s automotive sector is still undergoing a critical phase of growth with strong government backing, increasing foreign investment, and growing consumer demand, especially for electric vehicles (EVs).

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