| | Weekly business and foreign investment news roundup in Asia by Asia Briefing and Dezan Shira & Associates. |
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| | | | Vietnam recently announced plans to construct its North-South high-speed railway, which is expected to significantly improve its underdeveloped rail system and transportation infrastructure. Additionally, this US$67 billion project is anticipated to create valuable opportunities for investors, marking a milestone construction initiative in Vietnam in recent history. | | | | | On December 5, NVIDIA signed a Memorandum of Understanding (MOU) with the Ministry of Planning and Investment to establish two cutting-edge AI centers in Vietnam: NVIDIA’s third global AI research hub—the Vietnam Research and Development Center (VRDC)—and an AI Data Center. | | | | | Vietnam’s top investors in 2024 (January-November period) were Singapore with US$9.14 billion, followed by South Korea, China, Hong Kong, and Japan, dominating 77 percent of total investments. | | | | | Vietnam and Singapore seek to upgrade bilateral ties to a comprehensive strategic partnership, focusing on sustainable economic cooperation, legislative collaboration, and emerging sectors like green logistics and clean energy. Such a move reflects shared commitment to regional stability, mutual growth, and innovation. | | | | | Experts indicate that the forthcoming amendments under the 2024 VAT Law are poised to introduce significant changes to tax regulations affecting various businesses in Vietnam, including foreign suppliers engaged in e-commerce and digital platform operations. |
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COMPLIMENTARY BUSINESS RESOURCES: |  | | | With its strategic geographic position, rapidly expanding industrial infrastructure, and government initiatives aimed at enhancing the logistics environment, Vietnam offers a wealth of opportunities for both domestic and international investors. This issue of Vietnam Briefing Magazine will serve as a key resource for investors seeking to enter this dynamic market. | | | | | The ASEAN education market offers substantial foreign investment opportunities, driven by economic growth and reforms. This issue of ASEAN Briefing explores government initiatives to attract investments, highlighting emerging opportunities in Indonesia, Malaysia, Thailand, and Vietnam. | | | | | This India Briefing Magazine edition explores India’s evolving trade landscape, covering regulatory reforms, manufacturing clusters, and trade partnerships. It provides insights into structuring trading entities, leveraging industrial hubs for export production, and diversifying markets to boost competitiveness and mitigate geopolitical risks. |
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UPCOMING EVENTS FOR ASIA: | | | Exhibition/Trade Show | Wednesday 25.-Friday to 27. June, 2025 | | | | | Webinar | Monday, December 16, 2024 | 2:30 PM India / 4:00 PM Vietnam / 5:00 PM China | | | | | Webinar | Tuesday, December 17, 2024 | 4:00 PM China Time / 3:00 PM Vietnam Time / 9:00 AM CET |
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