Other BriefingsIndonesia in 2019, Tourism in Vietnam – China Outbound
Our weekly round up of other news affecting foreign investors throughout Asia.
ASEAN BRIEFING
Indonesia’s Investment Outlook for 2019
Indonesia in recent years has registered a steady growth at above 5 percent. Steady investment flows have also allowed Indonesia’s economy to expand at a rapid pace.
Most notably, the Indonesian government has announced various policy changes, which are primarily aimed at providing new opportunities for foreign investors.
INDIA BRIEFING
A Breather for Startups in India – Making the Angel Tax Exemption Work
The government in India has made it easier for startups to claim tax exemptions on funding from angel investors. The reform was prompted after startups received notices from the tax department on their angel funding last year.
According to the new rules, startups can directly apply for the tax exemption through the Department of Industrial Policy and Promotion.
SILK ROAD BRIEFING
EU Member States to Offer Visas for Workers from Belt and Road Countries?
It seems it’s not just China that has its eyes on the Belt and Road as possessing assets.
While China has been looking at hard assets in terms of securing supplies and trade, while funding infrastructure projects to obtain these, a new, softer asset is beginning to emerge – the realization in the West that the East has assets it needs too – its people.
VIETNAM BRIEFING
Vietnam’s Tourism Industry Continues its Growth in 2018
With over 3,000 kilometers of coastline, pristine beaches, dynamic growing cities, mountainous highlands, and diverse cultural and historic sites, Vietnam’s tourism industry continues to rank amongst the fastest-growing tourist destinations in the world, with revenue in 2018 reaching VND620 trillion (US$26.75 billion), up VND110 billion (US$4.75 billion) compared to 2017.
Since 2010, the number of international tourists has grown three-fold from 5 million to more than 15 million in 2018.
About Us
China Briefing is produced by Dezan Shira & Associates. The firm assists foreign investors throughout Asia from offices across the world, including in Dalian, Beijing, Shanghai, Guangzhou, Shenzhen, and Hong Kong. Readers may write china@dezshira.com for more support on doing business in China.
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