Solar and Wind in India, China’s Arctic Links, and Environmental Tax in Vietnam – Asia Investment Brief

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Our weekly round up of other news affecting foreign investors throughout Asia:


Thailand’s Eastern Economic Corridor – Opportunities for Investment

On February 19, Singapore’s finance minister delivered the 2018 budget with a focus on helping businesses in Singapore prepare for future challenges and create new opportunities. In this article, we present key highlights from the budget with important implications for businesses.


India’s Solar and Wind Power Industries: Scope for Investors

In June 2015, India announced that it would develop 175 gigawatts (GW) of renewable energy capacity by 2022. To this end, federal and state governments introduced a number of tax and financial incentives to make India’s nascent solar and wind sectors appealing for investors.


Russia, China Nizhneleninskoye-Tongjiang Bridge Over Amur Border River Nears Completion

Construction of the Nizhneleninskoye-Tongjiang railway bridge is expected to be completed this year, together with other cross border infrastructure programmes aimed at enhancing Russia’s connectivity with China, Central Europe and Central Asia, according to senior officials of Northeast China’s Heilongjiang Province.


The Arctic Link: Connecting Norway, Sweden, and Russia to China Trade

The Arctic Link is a proposed rail connection between northern Finland and Arctic Norway, with the potential to later include with Murmansk in Northern Russia. It is hoped to improve Scandinavia’s trade links to China via the Northern Sea Route.


Vietnam Proposes Higher Environmental Protection Taxes

Vietnam proposes higher environmental protection taxes on oil and petroleum products from July 1, 2018, to offset decreasing import tax revenues due to tariff commitments. Read more to know about the tax hikes and its effect on the economy, government revenues, and environment.

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Dezan Shira & Associates is a full service practice in China, providing business intelligence, due diligence, legal, tax, accounting, IT, HR, payroll, and advisory services throughout the China and Asian region. For assistance with China business issues or investments into China, please contact us at or visit us at

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