Taxes in ASEAN, e-Commerce in India, and Textiles in Vietnam – Asia Investment Brief
Our weekly round up of other news affecting foreign investors throughout Asia:
The latest issue of ASEAN Briefing Magazine titled, “The 2018/19 ASEAN Tax Comparator“, is out now and available to subscribers as a complimentary download in the Asia Briefing Publication Store.
In this article, we discuss some of the major drivers shaping the momentum in favor of e-commerce in India, as well as key legal and regulatory considerations for online businesses.
Russia has been reducing its public debt as measured against GDP, with this now standing at just 33 percent and a 7 percent decrease from last year.
A Chinese consortium led by China Road and Bridge Corporation (CRBC) has won the bidding for a contract to build a bridge in Croatia, an EU member state. The awarding of the contract has lead to further allegations concerning Chinese state funding amounting to subsidies and a lack of transparency over the bidding process
In 2017, Vietnam’s textile and garment industry earned US$31 billion from exports, a year-on-year increase of over 10 percent. This growth momentum will continue in the next few years, with exports predicted to reach US$34-35 billion this year, and US$50 billion by 2020.
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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 email@example.com or visit us at www.dezshira.com