| | Weekly business and foreign investment news roundup in Asia by Asia Briefing and Dezan Shira & Associates. |
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| | | | Industries primed for robust import and export activities, as highlighted by Vietnam Briefing, include electronics, textiles, pharmaceuticals, coffee, and e-commerce, making Vietnam a strategic player in global trade. | | | | | The Ministry of Planning and Investment (MPI) is inviting public comments on a draft decision from the Prime Minister regarding the establishment of a new Vietnam Standard Industrial Classification System (VSIC). A key feature of this system is the inclusion of a National Green Economy framework, aimed at promoting sustainable practices in Vietnam’s industrial sectors. | | | | | Vietnam e-visas are fast and easy to apply and make traveling to Vietnam for tourism purposes much easier. Vietnam e-visas are available for citizens from all countries and have a validity of up to 90 days. | | | | | Vietnam visa fees are determined by the Ministry of Finance and are updated regularly through Circulars issued by the ministry. Single entry tourist visas start at US$25. This goes up to US$155 for a visa valid for two to five years. Ultimately the cost will depend on which visa you need for what purpose and for how long. | | | | | 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. | | | | | 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. |
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COMPLIMENTARY BUSINESS RESOURCES: |  | | | | | 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. | | | | | 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. |
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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 | Tuesday, November 5, 2024 | 3:00 PM ICT / 4:00 PM Singapore / 9:00 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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