Industry 4.0 in Vietnam
Industry 4.0 is currently taking place in developed countries such as the US, Europe as well as parts of Asia, along with many opportunities and challenges. Generally speaking, Industry 4.0 is a smart production revolution, based on the breakthroughs of digital technology to grow rapidly in all fields, from agriculture, engineering t...
12 Steps to Open a Company in Russia
The incredible resource potential of the Russian Federation continues to attract foreign investors to the country and Russian legislation provides for these particular forms of investment, namely the right of foreign entities and citizens to be the founders of legal entities, in other words, to open companies in Russia.
In most ca...
Real Estate investors are moving to Italy
There are several ways of evaluating where, when and how to invest in real estate due to the various changing conditions. The market is diverse and includes sectors such as office, residential, retail, industrial, leisure and hotel based real estate, as well as the rapid growing areas of student property and healthcare. The hotel i...
The new PRC Draft Foreign Investment Law
The NPC Standing Committee (NPCSC) published on 26 December 2018 a new Draft Foreign Investment Law (hereinafter referred to as “FIL”) for public comments, which may be submitted within February 24th, 2019.
The new draft law follows a previous version published in 2015, with which it shares the aim to further develo...
The Impact of New E-Commerce Rules on Industry Main Players
New e-commerce rules have restricted big influencers from selling products from companies in which they have a stake, and capping the percentage of the amount of products that a vendor can sell through a marketplace entity (the IT platform of an e-commerce entity) or its group companies.
To curb the practice of these deep discount...
Further updates for e-commerce company registration in China
On December 3 2018, the State Administration for Market Regulation (SAMR) issued an administrative circular (Opinions of the State Administration for market regulation on Working Effectively on the Registration of E-commerce Business Operators, hereinafter referred to as the "circular") clarifying certain aspects of...
The Major Impact of the New Special Economic Zone for Russian Investment
The beginning of the year starts with the signing by Russian Prime Minister, Dmitry Medvedev, the Government Decree for the establishment of a new Special Economic Zone named ‘Center’ in the Voronezh region. According to the development plan of the region, engineering, transport and social infrastructure will all be sig...
Vietnam sets high social-economic targets for 2019
Upon reaching a GDP of around 7%, 2018 has ended with quite a number of impressive accomplishments for Vietnam. However, the country aims for a more stable growth rate and higher targets in 2019, according to Mr. Nguyen Phu Trong, the President of the Socialist Republic of Vietnam, who requests for the coordination of specialized...
Why is the OFO Bike Deposit so Hard to Refund?
Recently, OFO Bike deposit refunds have given rise to intensive public attention. As of December 24, 2018, the number of people who have applied for a refund of the deposit at OFO has exceeded 13 million and this number is rapidly increasing. According to the "refund in order" rule, a large number ...
Ease of Doing Business- India enters into the top 100 Rankings for the first time.
For the first time in its history, India
has moved into the top 100 rankings
of the World
Bank’s Ease of Doing Business global rankings thanks to a series of
sustained business reforms over the past several years and has placed itself at
the 77th spot. Commenting on this jump in ranks, Annet...