SEZs in Thailand, Auto Components in India, and Pharmaceuticals in Vietnam – Asia Investment Brief
Our weekly round up of other news affecting foreign investors throughout Asia:
Likely to benefit further from Thailand’s continued economic growth are businesses that choose to locate in Special Economic Zones (SEZs) in Thai border provinces. Here, we analyze the opportunities and incentives on offer in these SEZs.
India’s rapidly increasing domestic demand and proximity to key Asian markets has made it a strong auto components sourcing hub. In 2016-17, the annual turnover of the auto component industry in India crossed US$43 billion; it is expected to reach US$115 billion in 2020-21.
Russia’s Vedomosti newspaper has reported that the Russian Government is planning the creation of two offshore financial centers (OFCs) with special legal systems in the Kaliningrad Region and the Vladivostok in Russia’s Far Eastern Primorsky Krai territory to support business and trade.
Vietnam pharmaceutical industry has grown significantly in the last decade but it continues to seek foreign capital and expertise to reduce its dependence on imports. Read more to know about the industry challenges, consumer trends, trade figures, and market entry modes.
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