ASEAN Briefing features business news, regulatory updates and extensive data on ASEAN free trade, double tax agreements and foreign direct investment laws in the region. Covering all ASEAN members (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam)
8 Regulations and Policies Supporting Startups in Vietnam
Vietnam has been actively pursuing a strong startup sector for over a decade. In doing so it has enacted several policies and initiatives to stimulate growth and entrepreneurship. Here are eight of those policies and initiatives.
Importantly, the amendment specifies that remote workers have the same rights as workers on business premises. As such, if an employer and an employee agree to a remote work agreement, the employee cannot be punished for working from home.
Industries to Watch Out for Growth in Southeast Asia in 2023
Southeast Asia, or the ASEAN (the Association of Southeast Asian Nations) region as more commonly referred to in Asia, is among the fastest-growing regions in the world. According to the Asian Development Bank (ADB)
Thailand Opens Digital Free Trade Hub in partnership with Alibaba
The launch of the digital free trade hub is part of Thailand’s efforts to position itself as one of Southeast Asia’s key logistics centers for trade and e-commerce.
In response to Beijing’s shift to “living with COVID”, analysts have raised their forecasts for China’s real GDP growth to 5.2 percent in 2023 (from 4.7 percent) and 4.8 percent in 2024 (from 4.5 percent).
An Introduction to Vietnam’s Import and Export Industries
In the past few years, a growing number of businesses have relocated their operations from China to Vietnam in an attempt to escape rising costs and an increasingly complex regulatory environment.
What No COVID-Zero in China Could Mean for Vietnam
Unlike China, however, Vietnam implemented an aggressive vaccination campaign. It reached out around the world seeking donated vaccines and set about inoculating its population.
