French FDI in ASEAN, India’s 2018 Budget, and e-Invoices in Vietnam – Asia Investment Brief
Our weekly round up of other news affecting foreign investors throughout Asia:
ASEAN BRIEFING
French FDI in ASEAN Part I: Singapore, Malaysia, and Vietnam
ASEAN continues to be an important FDI destination for European investors. Read more about France’s investments in Singapore, Malaysia and Vietnam in the first part of our two-part article on French FDI in ASEAN.
INDIA BRIEFING
India’s 2018 Union Budget: Elections Focus behind Broad-brush Vision
Prime Minister Modi’s government presented its Union Budget for the financial year (FY) 2018-19 on February 1. While some foreign observers have overlooked this year’s budget, it takes on increased importance ahead of the election fight in eight states this year, and the general elections next year.
RUSSIA BRIEFING
German Trade with Russia Increases 20% in 2017
German exports to Russia last year rose by more than a fifth over 2016, according to data by Germany’s Federal Statistical Office (Destatis). This marked the first increase since 2012 when German exports to Russia stood at €38 billion before they started shrinking on the back of an economic slump in Russia compounded by sanctions imposed on Moscow.
SILK ROAD BRIEFING
Understanding China’s Belt & Road MoU
The recent announcement by China that it intends to establish Belt & Road arbitration courts to resolve trade and related disputes along the Belt & Road routes – in China – has raised eyebrows as this goes against the generally accepted principle of utilizing an independent, third party as arbitrator.
VIETNAM BRIEFING
Vietnamese Firms Shifting to e-Invoices
Vietnamese firms are shifting to e-invoices to minimize cost and reduce administrative burden. Further changes are proposed to make it mandatory for all firms in 2018. Read more to know about the transition to e-invoices, advantages for firms and tax authorities, and proposed changes for 2018.
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China Briefing is published by Asia Briefing, a subsidiary of Dezan Shira & Associates. We produce material for foreign investors throughout Asia, including ASEAN, India, Indonesia, Russia, the Silk Road, and Vietnam. For editorial matters please contact us here, and for a complimentary subscription to our products, please click here.
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 china@dezshira.com or visit us at www.dezshira.com
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