01 JUNE 2022View in Browser
 
 
 

This week's primary foreign investment news
from our ASEAN, China, India, Russia, Belt & Road and Vietnam Briefings.
---

 
 

HEADLINES: This week we bring you two debates about relocating or developing your business from China – a fascinating Vlog from Dezan Shira & Associates about moving to Vietnam 15 years ago – and the repercussions – and a look at the Mexico alternative to China for US based importers.

For China we provide a complimentary magazine about its Green and Low Carbon Industry, and how Shanghai is introducing policies to open up its ravaged local economy after a prolonged period of lockdown. In ASEAN we look at best practice for hiring in Vietnam and a look at Indonesia’s ‘Internet of Things’, discuss India’s promoted opportunities at the World Economic Forum and give legal advice on options for foreign investors wanting to protect assets in Russia while under pressure to exit.

We look further afield to how China has been able to see what others cannot see in the South Pacific islands, and finish with our usual Belt and Road Initiative global round up, which includes interesting news concerning Argentina and China-US West coast supply chains.

Click here to go straight to the main news page, or if you think your colleagues
should be receiving this then please forward this to a friend and let them know.

Complimentary Subscriptions to Asia Briefing can be obtained here

 
 
 
 
MOVING FROM CHINA TO VIETNAM & MEXICO
How and Why Dezan Shira & Associates Moved From China To Vietnam 15 Years Ago – And What Happened Next
Chris Devonshire-Ellis explains how and why Vietnam was chosen by Dezan Shira & Associates for its next market to enter more than a decade ago. Managing Partner Alberto Vettoretti explains the opportunity drivers behind the firm and its client’s expansion into Vietnam, and Filippo Bortoletti, Country Director, discusses tips on doing business in Vietnam, its positive economic outlook and some specific opportunities for foreign investors in the Vietnamese market today.
 
Reshoring from China to Mexico – How Prevalent is it Really?
The concept of “reshoring” took off in China after the instigation of the China-US trade war in 2018, when tariffs on billions of dollars’ worth of Chinese goods led some investors to reconsider the viability of China as a destination for manufacturing and other operations. Some have argued that one of the best options for companies in the United States to diversify their supply chains is reshoring to Mexico, pointing to its lower operational costs and proximity to the U.S. But is this really a viable option?
 
CHINA
Investing in Green and Low-Carbon China – New Complimentary Issue of China Briefing Magazine
The latest issue of China Briefing Magazine, titled “Investing in Green and Low-Carbon China” is out now and available as a complimentary download on the Asia Briefing Publication Store. In this issue: The Relevance of China’s Green and Low-Carbon Plan to Foreign Investors / New Opportunities in China’s Green and Low-Carbon Transition / Preparing for Green Compliance in China
 
Shanghai Releases 50 New Support Measures to Restart Its Economy
To restart its economy after a prolonged shutdown, Shanghai authorities have proposed several new support measures in eight categories in their latest Action Plan. These impact tax liabilities, support for operating costs, access to subsidies, and eligibility for exemptions and are important for foreign investors to note and apply for.
 
ASEAN
Opportunities in Indonesia’s Internet of Things Sector
Indonesia’s Internet of Things market (IoT) is expected to reach US$30 billion by 2022, and the sector’s impact will be significant in reducing healthcare costs, enhancing industrial productivity, and reducing operational costs for businesses. The real potential of IoTs will be applying the technology to sectors that contribute to 50 percent of Indonesia’s economy, such as the manufacturing sector, agriculture, and natural resources.
 
Vietnam’s Hiring Challenges and Potential Incentives for Retaining Employees
Vietnam’s labor market varies across the country and can prove challenging for first-time investors. Some of these issues have been amplified after Vietnam reopened its economy with factories resuming operations but facing a shortage of labor. Vietnam Briefing highlights hiring challenges for businesses and solutions for retaining employees.
 
INDIA
World Economic Forum 2022: Key Takeaways for India-Bound Investors
We discuss India’s record participation at the World Economic Forum 2022 and key outcomes impacting businesses and clean energy industry stakeholders. Foreign investors should note India sent representation from five states – Telangana, Andhra Pradesh, Karnataka, Tamil Nadu, and Maharashtra – each pitching the attractiveness of their respective investment destinations.
 
RUSSIA
'External Management' Impositions On Foreign Invested Businesses In Russia
Numerous international businesses, mainly high-profile brands, have been exiting Russia as shareholder, domestic government, and media pressures upon them have persuaded many that for now, Russia is too much of a political hot potato to handle. Others have elected to ride it out, however may also face changes to their business operations based upon their performance. We explain how to protect your Russian business and assets under sanctions and new state regulations.
 
CHINA / PACIFIC ISLAND COUNTRIES
Niue Is a 261km Small Sized Island. But In Chinese Thinking It’s As Large As Vietnam
Niue is one of the South Pacific islands included in Chinese Foreign Minister Wang Yi’s mission to deepen relations as part of his Pacific Islands tour. Wang spoke with Niue’s Premier and Foreign Minister Dalton Tagelagi via video on Sunday (May 29), with both sides pledging to deepen bilateral cooperation including on the Belt and Road Initiative. But how China views Niue and other South Pacific Island potential is very different to that of the West.
 
BELT & ROAD INITIATIVE
Belt and Road Weekly Investor Intelligence #83
Supply chains continue to dominate the changing world of the BRI plus, with events shifting Asia closer to the European Union, including numerous ongoing developments in Central Asia to the borders with China. We look at the recent Chinese strategy in the South Pacific, which had caused such alarm in the West, and examine a new China-US route that has gone under the radar with China eying infrastructure in Argentina and Antarctica. We also give readers the opportunity to put questions to the various SPIEF panel sessions at next month’s important St.Petersburg economic forum.
 
 
 
Not subscribed to Asia Weekly Briefing? Subscription is complimentary. Please click here
 
 
UPCOMING EVENTS IN THIS MONTH
 
Access Online Global Masters Event
Digital Workshop | June 2, 2022
 
Access Online Global MBA Event
Digital Workshop | June 4, 2022
 
St. Petersburg International Economic Forum 2022
St. Petersburg | 3-6th June, 2022
 
Partnering for success: How to find, select and secure business partners in China
Lisbon, Portugal | Tuesday, June 7, 2022 | 9:00 AM - 3:00 PM Local Time
 
Tapping into ASEAN’s Vibrant Talent Pool: Hiring in Singapore, Vietnam, and Indonesia
Webinar | Tuesday June 7, 2022 | 4:00 PM Vietnam / 5:00 PM Singapore / 11:00 AM CET
 
The Future of Insurance is Here - InsureTech Connect Asia 2022
Singapore | 7 - 9 Jun 2022
 
China’s Lockdowns and Covid Policy Explained: How Businesses Should Adapt and Survive
Webinar | Wednesday, June 8, 2022 | 9:00 AM PDT / 12:00 PM EDT / 6:00 PM CEST
 
[Rebroadcast] China’s Covid Policy and Lockdowns Explained: How Businesses Should Adapt
Webinar | Thursday, June 9, 2021 | 4:00 PM China / 3:00 PM Vietnam / 10:00 AM CET
 
Remotely Establishing Entities in Asia: China's Mainland vs. Hong Kong vs. Singapore
Webinar | Wednesday, June 15, 2022 | 4:00 PM China / 3:00 PM Vietnam / 10:00 AM CET
 
HR-Update China: Herausforderungen und Chancen bezüglich Arbeitsmarkt, Führungskräften und „Remote Work“
Webinar | Donnerstag, 16. Juni, 2022 | 10:00 Uhr MEZ / 16:00 Uhr China / 15:00 Uhr Vietnam
 
Opportunities in India's E- Commerce Sector
Webinar | June 21, 2022 | 2:30 PM India Time / 4:00 PM Vietnam Time / 5:00 PM China Time
 
Emerging Opportunities for Foreign Investors in China's Green Industry in 2022
Webinar | Wednesday, June 22, 2022 | 4:00 PM China / 3:00 PM Vietnam / 10:00 AM CET
 
 
 
 
For daily alerts, follow us on social
 
 
 
UnsubscribeAbout us
 
©1992-2022 Dezan Shira & Associates All Rights Reserved.