ASEAN Briefing

71 posts
What Are Digital Signatures and What Businesses Need to Know

What Are Digital Signatures and What Businesses Need to Know

While digital signatures have been gaining popularity for years, their usage has exploded due to COVID-19, as many companies have shifted to remote or hybrid work models and conduct most of their business electronically.
What Support is Available for Singapore Companies to Expand Overseas?

What Support is Available for Singapore Companies to Expand Overseas?

The DTDi provides a 200 percent tax deduction on qualifying market expansion and investment development expenses. This is subject to approval from Enterprise Singapore (ESG) or the Singapore Tourism Board (STB).
Philippines Senate Passes Bill Allowing 100 Percent Foreign Ownership of Public Services

Philippines to Allow 100 Percent Foreign Ownership of Public Services

Further, the Philippines may face a long road to recovery than its ASEAN neighbors. It imposed harsher and longer-lasting lockdowns and stimulus packages issued by the government have been more conservative compared to other ASEAN members.
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Philippines Introduces New Economic Zone Authority Visa for Foreigners

The PEZA applications are processed within 10 business days (from the previous time of 1 month) and the visa is valid for up to two years with the option of renewing once for another two years, for a maximum validity period of four years.
How to Set Up a Representative Office in Vietnam

How to Set Up a Representative Office in Vietnam

A Representative Office (RO) offers a low-cost entry for companies seeking to gain a better understanding of the Vietnamese market. As such, this option is among the most common for first-time entrants to the Vietnamese market and often precedes a larger presence within the country.
Mergers and Acquisitions in Vietnam: Domestic Players Lead Trends

Mergers and Acquisitions in Vietnam: Domestic Players Lead Trends

In the last six months of 2019 and 2020, the market witnessed notable acquisitions or restructuring of private corporations. The pandemic has resulted in a shift in the market trend towards more acquisitions than mergers.
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An Introduction to Doing Business in ASEAN 2022

The Association of Southeast Asian Nations (ASEAN) was established in 1967 by Indonesia, Malaysia, the Philippines, Singapore, and Thailand to accelerate economic growth and social development in the region. Brunei Darussalam joined in 1987, Vietnam in 1995, Lao DPR and Myanmar in 1997, and Cambodia in 1999.
Why Manufacturing is Driving Vietnam’s Growth

Why Manufacturing is Driving Vietnam’s Growth

In 2020, the manufacturing and processing sector continued to take the lead in the country’s foreign direct investment (FDI), making up 58.2 percent of the total. With its contribution, Vietnam’s economy is forecast to regain momentum and reach GDP growth of 6 to 6.5 percent in 2022.