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News Across Asia

India Briefing

More Women Engaged in Manufacturing Activities in India: MoSPI Report

08/14/2024

In the latest report from India’s MoSPI, more urban women are engaged in the manufacturing sector, while rural women dominate agriculture activities.

Middle East Briefing

An Overview of the UAE’s Double Tax Avoidance Agreement (DTA) Treaty Network

08/14/2024

Using the example of the UAE-UK DTA, we discuss how the UAE's double tax treaty framework provides tax certainty and prevents double taxation of income.

ASEAN Briefing

ASEAN Labor Costs: Minimum Wage and Social Insurance Essentials

08/13/2024

When assessing labor costs in ASEAN, foreign investors should be aware that governments are increasing social protection expenditure in areas such as pensions, health coverage, and welfare assistance.

Vietnam Briefing

Vietnam-South Korea Social Security Agreement: Key Details

08/13/2024

The Social Security Agreement between Vietnam and South Korea, officially enacted on January 1, 2024, marks a significant milestone in bilateral relations.

India Briefing

Newly Sanctioned India Railway Projects Expected to Boost Connectivity, Improve Logistics

08/13/2024

In an effort to lower logistical costs and improve nationwide connectivity, India's Union Cabinet of Economic Affairs has approved eight new railway line projects.

China Briefing

China's IP Protection Development: A Comprehensive Overview

08/13/2024

China has strengthened its intellectual property protection by amending laws, establishing specialized IP courts, and streamlining legal processes to align with international standards.

Vietnam Briefing

How Emerging Economies Vietnam and India Complement Each Other

08/13/2024

Vietnam Briefing discusses the comparative advantages of two prominent China+1 markets.

Vietnam Briefing

Manufacturing in Hung Yen, Vietnam: Key Advantages and 2021-2030 Master Plan

08/12/2024

Located within the Northern Key Economic Zone (NKEZ), Hung Yen offers attractive incentives for priority sectors, stable utility infrastructure, and a labor pipeline from neighboring provinces and capital Hanoi.

India Briefing

Profiling India-Italy Trade and Commercial Relations

08/12/2024

India and Italy have significantly strengthened their trade, commercial, and strategic relations in recent years, agreeing to expand cooperation in renewable energy, green hydrogen, IT, semiconductors, space, and telecommunications.

China Briefing

China’s Six-Year Rule for Foreigners: 2024 IIT Payment Highlights

08/12/2024

2024 marks the first year that China's "six-year rule" is applicable, a mechanism implemented since 2019 to determine the tax responsibilities of foreigners for their overseas income in China.

Vietnam Briefing

Vietnam’s New Minimum Wage Effective from July 1, 2024

08/12/2024

Vietnam's new minimum wage, effective July 1, 2024, will impact various social insurance items calculated based on the statutory pay rate.

Middle East Briefing

Saudi Arabia Tourism Soars in 2023: Key Insights

08/12/2024

Tourism in Saudi Arabia surged to unprecedented levels in 2023, with the country recording over 100 million overnight visitors across the year.

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