Asia News

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Companies that would like to set up in China will benefit from a more efficient corporate registration process by the end of October this year. The State Administration for Industry and Commerce (SAIC) released an opinion on April 11 that outlined its digitization effort, which will entail the construction of a nationwide digitized corporate registration...

Cambodia has achieved GDP growth averaging seven percent per year over the past decade. Despite this growth, it remains one of the poorest nations in ASEAN. However, the Cambodian government has been working closely with a number of bilateral and multilateral donors, including the Asian Development Bank (ADB) and the IMF, to improve conditions in...

India is embracing luxury at its best. This increasing sense of ‘brand-consciousness’ among Indians is principally attributed to the country’s burgeoning aspirational and younger middle class. At the same time, increased internet penetration has also contributed to this consumer behavior, allowing consumers to search and satisfy their desire to own and possess designer brands. Taken...

Sorry, this entry is only available in Italian.

Sorry, this entry is only available in Italian.

During the annual Two Sessions meetings last weekend, China’s political leaders announced their economic growth targets for 2017. The affair produced few surprises: the government predictably released an economic and political agenda that stressed the importance of stability and continuity. Although the message was short on bold new policy announcements, the plan presented in Premier...

India is a global leader in the automotive sector, backed by its domestic production capacity, market size, and exports. On average, the country’s automobile sector boasts of an annual production of around 24 million vehicles; the sector also employs over 29 million people (directly and indirectly). Breaking down its global position by industry segment, India...

  Cambodia’s updated Law on Financial Management for 2017 reflects the government’s ongoing efforts to revamp the country’s tax system and bring more businesses operating in the informal sector into the formal tax regime by offering incentives for small taxpayers. The amended laws, which came into effect on January 1, offer lower tax rates for small and...

  2016 has been a successful year for Vietnam, continuing its emergence as both a leading ASEAN economy and a global player. Falling commodity and energy prices and severe water shortages early in the year caused Vietnam’s failure to reach its goal of 6.7 percent GDP growth, but with a year-on-year growth of 6.2 percent the...

Sorry, this entry is only available in Italian.

Sorry, this entry is only available in Italian.

Sorry, this entry is only available in Italian.

Vietnam’s strategic geographic location, low wages, and beneficial trade deals are set to make the country an increasingly important export destination both in Asia and throughout the world. In a recent report released by the bank HSBC, it has been revealed that Vietnam will see strong export growth through the year 2030. The HSBC report...

Over the past several years, the Chinese government has turned its attention toward greater regulation of advertising, and more recently of online advertising. Following in the footsteps of the amended Advertising Law implemented in 2015, the State Administration of Industry and Commerce’s (SAIC) Interim Measures for the Administration of Internet Advertising came into effect on...

Sorry, this entry is only available in Italian.

  Last month, the State Council announced plans to adjust regulations regarding foreign investment into the Tianjin, Shanghai, Fujian and Guangdong free trade zones (FTZs), which will significantly affect application and entry procedures. The adjustments are split two ways – some that simplify application procedures and the operation of foreign invested or joint venture enterprises, and...

The Wholly Foreign-Owned Enterprise (WFOE) remains the most popular investment structure of foreign investors setting up a company in China. Early on in the process of incorporating a WFOE, investors are faced with the critical task of deciding how much Registered Capital to commit to their company. Because overcommitted funds may become idle and delay...

 Per le aziende italiane il settore del lusso rimane il più lucrativo punto di contatto con l’e-shopper cinese. Seguono il settore enogastronomico e quello dell’abbigliamento di alta gamma, insieme a pacchetti per la villeggiatura nel Bel Paese. In questo contesto e grazie al recente cambio di normativa riguardo l’e-commerce, oggi è possibile per le aziende...

According to the Shanghai Municipal Human Resource and Social Security Bureau, a new regulation on wage payment methods for Shanghai-based organizations has been released and brought into effect on August 1, 2016. The new regulation, issued to replace the 2003 version, expands the scope of application and makes several clarifications and improvements on wage calculation...

The Chinese government has turned its attention toward greater regulation of advertising, and more recently of online advertising. Following in the footsteps of the amended Advertising Law implemented in 2015, the State Administration of Industry and Commerce’s (SAIC) Interim Measures for the Administration of Internet Advertising came into effect on September 1, 2016. The new...

Sorry, this entry is only available in Italian.

In the world of mobile commerce, all eyes are on China. Even as China’s economy and overall retail sales growth drops, business-to-consumer (B2C) online sales are growing by 25 percent each year. Data gathered from iResearch in a March 2015 report states that China’s gross merchandise volume (GMV) of the mobile shopping market reached 929.71...

Reducing Your China Manufacturing Costs China is going through changes. Slowing growth and increasing production costs are coming into effect just as free trade agreements, other tax incentives, and even new regulatory changes are coming into play that open the China market even more to foreign investment. In this article we examine some tips for shaving costs...

HCMC – Vietnam’s strategic geographic location, low wages, and beneficial trade deals are set to make the country an increasingly important export destination both in Asia and throughout the world. In a recent report released by the bank HSBC, it has been revealed that Vietnam will see strong export growth through the year 2030. The...