A round-up of the latest business updates from Asia published by our international partner Dezan Shira & Associates.
Shenzhen: Industry, Economics, and Policy Trends
Often dubbed as China’s ‘Silicon Valley’, Shenzhen is the region’s fastest-growing city. It is ranked as the mainland’s top city for “overall economic competitiveness” as well as being China’s premier Special Economic Zone (SEZ) for foreign investment.
Learn more about Shenzen’s industry, economic and policy trends.
China’s Social Security System – an explainer
Social security is a complicated but unavoidable issue in the management of employer-employee relationships for businesses operating in China. This article explains how social security in China is calculated, employer obligations, and its impact on foreign workers and migrants.
Foreign Investors in Vietnam: New Regulations on Foreign Exchange Management
The Vietnamese government’s new regulations on foreign exchange took effect on 6 September 2019. In accordance with Vietnam law, any transaction related to a foreign investor must be made via an investment capital account with a licensed bank that is permitted to trade and supply foreign exchange.
Why setting up in Singapore makes sense for businesses in ASEAN
There are many factors that, when added together, make Singapore an ideal location for companies that want to do business in the region. Singapore’s status as a preferred investment destination can be attributed to its legal and tax regimes – among the most business and investor-friendly in the world – and a financial system that is highly integrated with international markets.
Asia Briefing produces hundreds of business intelligence articles, reports and guides, underpinned by Dezan Shira’s expertise in market entry and business operation in China and South Asia.