China Outbound: Renewable Energy Investment in ASEAN Countries and New Regional Dynamics
Our Latest Round-Up of Business News Affecting China-Based Businesses Investing in Asia
In this edition of China Outbound, we look at the new economic and business environment of India and ASEAN countries, the tax and other incentives provided to companies seeking to invest in renewable energy industry in Singapore, as well as examine those of other countries within ASEAN. Then we discuss the stronger economic and political relationship between India and ASEAN countries. Lastly, we take a closer look at Vietnam’s seafood market (including both aquaculture and open ocean fishing) and India’s import-export landscape.
Renewable Energy and Investment in ASEAN
Countries across the region have taken different approaches to solve these issues, with some ASEAN members encouraging investment in renewable energies as a way to reduce fuel imports, and others seen it as way to bring electricity to millions of people in the region who still lack it. This article will take a closer look at solar technology and see how it has been embraced by different countries around the region.
Incentives for Renewable Energy Investment in ASEAN
In this article ASEAN Briefing will look at the tax and other incentives provided to companies seeking to invest in renewable energy in Singapore, as well as examine those of other countries within ASEAN. Following our previous article on the solar energy market in ASEAN, we will place an emphasis on the incentives on this industry in the countries covered.
Trademarks in Vietnam – Part One
In part one of this multi-part series, Vietnam Briefing takes a closer look at trademarks, how to get them, and their enforcement in the country. A trademark, also known as marks, brands or brand names, is defined by the article 4.16 of the 2009 IP law as a sign used to distinguish the goods or services of one producer/service provider from those of another.
India and ASEAN Strengthening Economic Ties
India’s economic and political relationship with ASEAN is growing stronger because of new regional dynamics. Many Indian businesses have sought to establish themselves in ASEAN to take advantage of regional trade flows as well as access to the Chinese market.
Recently, the Indian government has stepped up its efforts to solidify its relationship with ASEAN. Vice President Hamid Ansari made trips to Indonesia and Brunei to strengthen ASEAN ties, while the Indian government is also lobbying for an early ratification of a Free Trade Agreement (FTA) between India and ASEAN.
The Import and Export Landscape in India
India’s import-export landscape has remained stable in recent years despite major changes in the domestic and international economies. In recent years, India’s main import and export commodities have mostly not changed, while its largest trading partners have also remained the same. This stable import-export structure bodes well for businesses that trade with India, as well as those that would like to expand their operations to the country.
The Seafood Industry in Vietnam – Aquaculture, Five Year Plans, and the TPP
Vietnam is in the midst of undergoing an industrial transformation, where the production of textiles, IT-outsourcing, chemical goods, electronics and machinery items are becoming increasingly important. However, with its coastline spanning over 3,000 km Vietnam is an ideal country to boast a strong seafood industry, including both aquaculture and open ocean fishing.
Asia Briefing Ltd. is a subsidiary of Dezan Shira & Associates. Dezan Shira is a specialist foreign direct investment practice, providing corporate establishment, business advisory, tax advisory and compliance, accounting, payroll, due diligence and financial review services to multinationals investing in China, Hong Kong, India, Vietnam, Singapore and the rest of ASEAN. For further information, please email china@dezshira.com or visit www.dezshira.com. Stay up to date with the latest business and investment trends in Asia by subscribing to our complimentary update service featuring news, commentary and regulatory insight. |
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