Asia Briefing Business Operational Update

Asia Business Operational Updates For Global Foreign Investors

08 DECEMBER 2021 View in Browser

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

HEADLINES: This week we look at preparing for annual audit in China and Vietnam, a key time of year and one that if structured well can save you money over 2022 performances. We look at exciting new tech developments home and abroad that Chinese businesses have been investing in, cover China hi-tech tax incentives, examine Chinese and Russian investment plans for Africa, and highlight the Asian implications of the Modi-Putin, India-Russia summit held yesterday in Delhi. 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. Subscriptions are available here

2021 ANNUAL AUDITS Preparing For Effective Annual Audits In China To achieve audit effectiveness, it is vital for companies to make preparations in advance. An effective audit can ensure that financial statements of the company present a true and fair view of its financial situation; reveal irregularities and suboptimal business practices; identify risks in different functional areas; and offer advice on improving internal reporting. This can save you money.   Annual Audit And Compliance In Vietnam Why is an Audit Needed? Navigating Audit and Compliance in Vietnam. A Roadmap to IFRS.     CHINA China's Outbound Investment Strategy Changes As The BRI Becomes Futuristic The Chinese invested Colombo Port City and Electric Air Mobility vehicles are showing the way ahead as the Belt and Road Initiative goes new hi-tech   Technology Innovation Tax Incentives In China We list the major tax incentives in China to encourage technology innovation and share guidance on how to tap benefits listed in various preferential policies.     ASEAN Singapore Issues New Supply Chain Initiative To Assist SMEs Singapore's Deputy Prime Minister Heng Swee Keat has announced the launch of an S$18 million Supply Chain 4.0 Initiative. We explain who qualifies for this.   Vietnamese President Visits Moscow, Trade Deals Signed A series of cooperation agreements were signed including investments in electricity generation, including renewable, industry, production of mineral resources, an expansion of cooperation in the energy sector, the construction of gas-powered electricity plants, supplies of liquefied natural gas to Vietnam and building corresponding infrastructure.     INDIA Modi-Putin Summit Likely To Have An Extensive Impact On Eurasia From Vladivostok to Gujarat and from Afghanistan to Armenia, the implications of closer ties between Moscow and Delhi will partially reshape Eurasia.   India Incentivizes The Production Of White Goods Eligible investors involved in the manufacture of air conditioners, LED lights, and related components as well as solar modules will be granted incentives under the latest production-linked schemes.     THE BIGGER PICTURE Belt And Road Weekly Investor Intelligence #58 Our hedge fund popular weekly summary   China Pledges US$40 Billion For African Infrastructure Projects A wide ranging nine-point development plans showcases significant trade opportunities.   Russia Prepares For 2022 Africa Summit As Trade And Investment Increase Russia, like China, sees the same trade opportunities as AfCFTA makes a difference.

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UPCOMING EVENTS IN THIS MONTH   India's Emerging Sectors in 2022 Webinar | December 9, 2021 | 2:30 PM India Time / 4:00 PM Vietnam / 5:00 PM China   All Eyes on Vietnam - Why 2022 Is an Ideal Time to Invest Webinar | Dec 10, 2021 | 4:00 PM Vietnam Time / 5:00 PM China / 9 AM United Kingdom   China's PIPL: How To Be Compliant From A Legal and Technical Perspective Seminar | December 13, 2021 | 2:00 PM - 4:30 PM | Shanghai, China   Transforming Your Asia HR & Payroll Management: Selecting the Right Cloud-Based HR Solution for Your Company Webinar | December 14, 2021 | 4:00 PM China Time / 3:00 PM Vietnam / 9:00 AM CET   Managing Non-Trade Intercompany Transactions with Your Chinese Affiliates Webinar | December 15, 2021 | 4:00 PM China Time/ 3:00 PM Vietnam / 9:00 AM CET   PIPL个人信息保护 | 企业座谈会 Seminar | December 15, 2020 | 14:00 PM - 16:40 PM | Suzhou, China

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