| Weekly business and foreign investment news roundup in Asia by Asia Briefing and Dezan Shira & Associates. |
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| | In 2024, Vietnam’s General Department of Customs (GDC) released multiple official letters guiding customs procedures during special events, including tax-free imported goods repurposing, system failures, and maintaining tax incentives after project ownership changes. | | | The footwear market in Vietnam is on a steady growth trajectory, driven by an expanding customer base, growing middle-class population, and evolving preferences. We discuss the key market trends and Vietnam consumer outlook to 2030. | | | We discuss the business recovery process and key banking, insurance, tax, and risk management considerations for impacted firms and factories in the aftermath of Typhoon Yagi. | | | Samsung Display Co, a subsidiary of Samsung, plans to invest an additional US$1.8 billion in a new OLED manufacturing plant in Bac Ninh, northern Vietnam. Located in the Yen Phong industrial park, the facility will produce advanced OLED displays for automobiles and tech equipment, bringing Samsung’s total investment in Bac Ninh to US$8.3 billion. | | | Recent reports highlight how the Vietnam workforce in 2024 is proactively building resilience amid transformation while striving for work-life balance. Understanding these evolving priorities and the factors driving professional growth can help businesses in Vietnam create more effective talent recruitment and retention strategies. |
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COMPLIMENTARY BUSINESS RESOURCES: | | | | As Vietnam boosts its global trade role, this Vietnam Briefing edition covers key import-export regulations, customs procedures, on-spot export regimes, and VAT rules, along with insights on documentation, processing times, and VAT refunds. | | | This issue of ASEAN Briefing offers an overview of Indonesia's labor market, covering local employment laws, key trends, and emerging sectors, providing insights into workforce dynamics and opportunities in the country. | | | India's service sector drives growth and attracts FDI with its market potential, skilled labor, and policies. This issue explores performance, key FDI segments, and strategies for foreign firms. |
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UPCOMING EVENTS FOR ASIA: | | Webinar | Tuesday, October 15, 2024 | 4:00 PM China / 3:00 PM Vietnam / 10:00 AM CEST / 9:00 AM UK | | | Webinar | Thursday, October 31, 2024 | 3:00 PM ICT / 4:00 PM Singapore / 11:00 AM CET | | | Webinar | Thursday, October 17, 2024 | 9:00 AM Los Angeles / 12:00 PM New York / 6:00 PM Brussels |
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