According to the latest data from the National Statistics Office, Vietnam’s economy grew 8 per cent in 2025 to USD 514 billion, representing the second-highest annual rate over the past fifteen years. The country’s economy maintained a consistent quarter-on-quarter acceleration trend, with GDP growth rising from 7.5 per cent in Q1 to 8.2 per cent in Q2, 8.5 per cent in Q3, and reaching 8.5 per cent in Q4. For the full year, agriculture, forestry and fisheries expanded by 3.8

According to data released by the Ministry of Trade and Industry (MTI), Singapore’s economy grew by 4.8 per cent in 2025, accelerating from 4.4 per cent in 2024. In the fourth quarter of 2025, GDP expanded by 5.7 per cent year on year, while on a quarter-on-quarter seasonally adjusted basis, growth reached 1.9 per cent, compared with 2.4 per cent in the third quarter. Economic performance was mainly supported by strong growth in the manufacturing sector, alongside a global s

We are pleased to inform you about the webinar “ China Personal Tax Strategies ” organized by RsA Asia, Global EBA and the Asia Economic Cultural Council, which will be held via Zoom on January 21. In recent years, China has carried out important reforms to its individual income tax framework, reshaping the landscape for personal tax compliance and planning. These developments reflect the country’s efforts to increase transparency, encourage long-term residency, and align wit

The State Taxation Administration issued the Circular of the General Office of the State Taxation Administration on the Tax Filing and Payment Deadlines for 2026, clarifying the tax filing and payment deadlines for the year 2026. According to the current tax laws and regulations, Chinese companies are required to submit tax filings for several categories of taxes and surcharges on a monthly or quarterly basis (including VAT, IIT, additional surcharges, etc.). In principle, th

According to data released by Thailand’s Ministry of Commerce, the country's exports expanded by 7.1 per cent year on year to USD 27 billion in November 2025, marking the 17th consecutive month of growth, while imports grew by 17.6 per cent to USD 30 billion. For the first 11 months of 2025, exports climbed 12.6 per cent to USD 311 billion, while imports picked up 12.4 per cent to USD 316 billion, yielding a trade deficit of USD 5 billion. Key drivers of growth continued to b

On 22 December 2025, China’s Ministry of Commerce issued Announcement No. 83 of 2025, setting out the preliminary determination of its countervailing (anti-subsidy) investigation into certain dairy products imported from the European Union. Provisional countervailing duties will be imposed with a deposit with effect from 23 December 2025 to 21 February 2026. Following this provisional period, the authorities will decide whether to confirm and impose definitive countervailing