17 MARCH 2021View in Browser
 
 
 
 
HEADLINES: China's Relaxes Post-Covid Visa Policy,
China Initiates REIT Scheme To Cash Out BRI Investments, A Guide To Minimum Wages In China, Setting Up A Trading Company In Vietnam, Vietnam's Labor Market, Investing In Indonesia's Digital Industry, Investing In India's EV & Pharma Markets, Round-Up Of Russia's Developing Trade and Investment In Asia.
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This week's primary foreign investment news
from our ASEAN, China, India, Russia, Belt & Road and Vietnam Briefings.

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In this week's Asia Briefing Weekly we explain criteria for foreigners to obtain China visas, how Beijing is cashing out on infrastructure developments, and examine the minimum wage and related salary overheads on a national basis. We explain the issues concerning establishing trading companies in Vietnam as well as cover the Vietnamese labor market, look at foreign investment opportunities in India's Electric Vehicle and Pharmaceutical markets and examine the coming waves of new Russian investment bound for Asia.

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CHINA
China Relaxes Its Border For Foreigners Inoculated With Chinese Vaccines
When applying for a visa, foreign nationals and their family members visiting China for resuming work and production in various fields will only need to provide the documents required before the COVID-19 pandemic.
 
China To Use REITS To Cash Out Belt & Road Initiative Infrastructure
Assets to be listed and sold as tradeable equities with funds to be invested in digital economy and trade. Specific regions of China to be prioritized with REIT trading expected to become a US$300-750 billion market within a decade.
 
A Guide To Minimum Wages In China 2021
Minimum wages in China continue to grow. In this article, we provide a guide to minimum wage levels across every region in mainland China.
 
ASEAN
New Issue Of ASEAN Briefing Magazine: Opportunities For Foreign Investors In Indonesia's Digital Economy
The latest issue of ASEAN Briefing Magazine is out now and currently available to subscribers as a complimentary download. In this issue: Understanding the Potential of Indonesia’s Digital Economy, Legal Provisions in Indonesia’s Digital Economy, New Investment Opportunities in Indonesia.
 
How To Establish A Trading Company In Vietnam
A trading company is an ideal choice for investors looking to engage in import and export activities as well as domestic distribution and allows a business to retain more control over operations and manage supply chain issues. There are no minimum capital requirements, but investors need to review and maintain compliance with regulations for their business activities.
 
Vietnam's Labor Market: Employment Costs, Workforce Optimization & HR Strategy
Vietnam’s labor market varies across the country and can prove challenging for first-time investors. Businesses interested in Vietnam should be aware of the different regional landscape, labor pools, industries, and infrastructure among other factors best suited for their business needs.
 
INDIA
Foreign Investment In India's Electric Vehicle Industry
The electric vehicle industry in India is picking up pace with 100% FDI possible, new manufacturing hubs, and an increased push to improving charging infrastructure.
 
Roll-Out Of Manufacturing Incentives In India's Pharmaceutical Sector
The government approved another production-linked incentive scheme in February targeting India’s pharmaceuticals sector for enhancing drug manufacturing capabilities and expanding exports. These indicate the government’s selection criteria and point to new industry capacity emerging in the country, which will be of interest to foreign investors in this space.
 
RUSSIA
Russia's 2021 Trade & Investment Turn To Asia
In 2020, Russia’s largest trade partner was China, as the volume of export and import trade between the two countries reached nearly US$108 billion and aspires to double their mutual trade to US$200 billion in the coming four years. China was both Russia’s leading import origin and export destination.
 
Eurasian Economic Union Discussing Free Trade Agreement With Indonesia
Indonesia would be a major prize as an EAEU free trade partner. It is mineral-rich and has a population of about 270 million with a (PPP) GDP of US$3.5 trillion.
 
Eurasian Economic Union Integration Unit Meets With Cambodian Ministry Of Commerce
The Eurasian Economic Commission – comprising five member states – Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia – met with their trade counterparts from Cambodia during a virtual discussion last week to discuss a third round of preliminary working-level talks toward formally launching free trade agreement (FTA) negotiations
 
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UPCOMING EVENTS IN THIS MONTH
 
 
Manufacturing in India 2021: New Champion Sectors and Incentive Schemes
Webinar | March 11, 2021 | 2:30 PM India Time
 
HR Audit e Compliance: aspetti critici nelle assunzioni e nella revisione della gestione delle risorse umane in Cina
Webinar | March 15th, 2021 | 4:00 PM CET
 
Opportunities for European Investors in “Green Technologies” in Russia and China
Webinar | March 17, 2021 | 11:00 AM CET
 
HR Trends in China Executive Recruitment, Income Tax, Labour Contracts, Benefits
Webinar | March 18, 2021 | 9 AM CET (Berlin time)
 
Key Points to Learn before Leasing Space for Your Business in China (CN)
Webinar | March 24, 2021, 15:30-16:30 China
 
All Eyes on Vietnam – Why and How to Enter the Market
Webinar | March 25, 2021 | 3:00 PM Vietnam
 
Crash Course on Doing Business and Investing in China's Greater Bay Area in 2021: Session II
Webinar | March 31, 2021 | 3:30 PM China
 
Recruiting in China in 2021: HR Planning and Talent Acquisition for SMEs (CN中文）
Seminar | April 1, 2021 | 3:00 PM - 4:30 PM | Nanjing, China
 
Master Global Management for China (GMC) 2021 – Tax, Accounting and Audit
April 19, 2021 | Ancona, Italy
 
 
 
 
 
 
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