Asia Perspective’s Market Insight reports are issued throughout the year and feature hot business topics and recent developments within emerging Asian markets.
As the COVID-19 outbreak ends in China, with no detected signs of a second wave, domestic travel has begun to rise once again.
Self-quarantines, social distancing and people working from home has resulted in big increase in demand for mobile applications, resulting in both surging downloads and revenue streams for Chinese app developers.
The Vietnamese renewable energy strategy, developed in 2015, was entered into force on the 11th of April 2017. The strategy, set to attract investors and drive growth of the renewable energy sector, included several beneficial incentives.
During the weeks since its emergence the COVID-19 virus have been spreading rapidly worldwide, affecting the global healthcare systems, resulting in a growing impact on the global economy as well as huge supply-chain disruptions.
The European Parliament gives consent to ratification of Free Trade Agreement (EVFTA) and Investment Protection Agreement (EVIPA) with Vietnam
After ten years of work between the EU and Vietnam, the Free Trade Agreement (FTA) and Investment Protection Agreement (IPA) have been voted in favor by the European Parliament.
With a strategic geographical location, a competitive labour force and a wide range of cost-saving factors, Vietnam has long been considered an investment paradise for foreign investors, especially for those who wish to diversify their investment portfolio.
While China faces nationwide economic stagnation, the crisis situation has also caused new, unexpected, market trends to emerge within multiple industries.
United States, Mexico and Canada Sign a New Trade Agreement (USMCA) to Replace NAFTA (North American Free Trade Agreement)
On January 29, 2020 the new United States-Mexico-Canada Agreement (USMCA) was signed into law by U.S. President Donald Trump.
Stagnating manufacturing, a decreasing domestic consumption and disrupted international supply chains. It’s not just the Chinese economy that is suffering.
Despite global uncertainties, Indonesia has remained one of the best performing countries in Asia throughout 2019, in terms of maintaining an economic stability.
We look into the Eastern Economic Corridor – a pilot project for economic development and a recent highlight of Thailand’s infrastructure industry.
Part two of a comprehensive overview study uncovering the challenges and opportunities of investing in a rapidly growing market.
Part one of a comprehensive overview study uncovering the challenges and opportunities of investing in a rapidly growing market.
As one of the most fast-growing economies in the world, Vietnam’s next major footmark will land on the digital economy-related fields, such as smart agriculture, e-commerce, manufacturing, etc.
The European Union and Vietnam signed the European Union Vietnam Free Trade Agreement (EVFTA) and an Investment Protection Agreement on 30 June 2019.
Vietnam and the Philippines were the two leading countries in Southeast Asia within FMCG last year, according to a recent consumer report.
According to a study about FinTech companies, the ASEAN market is representing the greatest opportunities for FinTech development in the nearest future.
As the commercial trade war between China and the US rages on without a solution in sight for the near future, companies around the world are reviewing and exploring options to minimize the disruptions in supply chain caused by it.
China’s medical device market in 2016 was estimated to be approximately $56 billion USD making it the second largest behind the United States, making it a big surprise that China’s market in 2000 was only estimated at $3 billion USD.
Trade wars are not only affecting the warring parties, but also cause collateral damage to third country businesses due to globally integrated supply chains.
Download our 2018 report to get an insight into the compounded opinions of over 1000 sourcing professionals around the world.
Changing Chinese Drinking Habits are Creating Opportunities for the Craft Beer and Imported Spirits Markets
Changing Chinese drinking habits mean consumers have a taste for premium and new products, creating opportunities for beer and spirits manufacturers.
Currently, there are over 300 million upper-middle class consumers in China. These consumers desire imported products that offer them a high quality and premium experience.
Manufacturing has been one of the foundations and main drivers for the expansion of China’s economy, placing it as one of the world’s leading economies today.
China Opens its Markets to the World: Lifting of Foreign Ownership Restriction on Automotive Industry
China’s entry to the World Trade Organization (WTO) in 2001 opened many sectors to foreign investment, however, significant ownership restrictions still remain today in many areas creating barriers for entry for global companies.
China started the development and promotion of electric vehicles (EVs) in 2001 and aims to become a dominant global producer.
In China, the sphere of the sharing economy has been extended to include the medical industry, and nurse sharing has appeared as a new kind of service delivery offering basic treatment for patients in their homes.
Biomass is a form of renewable source of energy that comes directly from crop production and livestock and includes categories like manure, food crops, forest debris and certain types of water residues.
Strategically positioned along major sea lines connecting East Asia, South Asia, and Oceania, Indonesia holds a wealth of natural appeal for foreign investors.
European GDPR will enter into force by end of May. This means that all companies operating in the European Union must abide by the rules as of day one.
Reputation management has been put on the agenda of nearly every company board over the past few years, and its importance is unanimously acknowledged.
The Chinese healthcare sector continues to develop at an extraordinary pace, with health care spending expected to top $1 trillion USD in 2020.
Thanks to its rapid growth in recent years, China has emerged as the world’s largest consumer market for food and beverage (F&B), surpassing the United States in 2011 and making the Chinese market increasingly appealing for foreign brands as consumers’ behavior shifts.
Increasing labor costs close to the large freight harborsand improved collaboration across key land borders resulting in a decrease in the fright time, is making rail freight from China to Europe an attractive alternative to air and ocean freight.
Although the global market for non-ferrous metals is not promising, China is taking actions to revive the market.