Plastic Ban in India, Socio-Economic Goals in Vietnam – China Outbound

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

ASEAN BRIEFING

Thai Labor Contracts: What You Need to Know

Thailand does not mandate a written agreement between the employer and an employee. However, it does impose strict labor regulations with regards to working terms and conditions.

In practice, therefore, it is advisable for employers to set out written terms and conditions of employment to avoid legal disputes or liability with regards to remuneration.

INDIA BRIEFING

Plastic Ban in India – The Business Impact of State Specific Regulations

India’s plastic ban across more than half of its states has businesses scrambling for cost effective responses.

Maharashtra, home to India’s financial capital – Mumbai, is cracking down immediately, forcing companies to reorganize their production, packaging, and supply schedules.

VIETNAM BRIEFING

Vietnam’s Socio-Economic Targets for 2019

For the year 2019, the Vietnamese government has set several socio-economic targets focusing on macroeconomic stability, growth, inflation control, productivity, trade, investment, and increasing the economy’s competitiveness.

The government has already reached or exceeded its socio-economic goals for 2018.

• Previous Article Philippines Investment Outlook, Hiring Managers in Vietnam – China Outbound
• Next Article ASEAN’s Coffee Industry, India’s Fastest Growing Cities – China Outbound