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Vietnam’s aviation market heats up in 2019

The Hanoitimes – The Vietnamese aviation market is currently considered to be very attractive when growing well in the past decade. Competition in the Vietnamese fast-growing air transport market is expected to intensify further this year as more entrants are joining the market. With the launch of its first flight on January 16, FLC Group-backed Bamboo […]

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Economic Corridor to benefit people of China, Myanmar

At a fruit market in Wanding, Ruili, a county on the China-Myanmar border, workers are transferring watermelons and muskmelons from Myanmar to heavy trucks which will soon leave for Beijing, Shanghai and other cities in China. “Burmese fruit tastes good and enjoys great popularity among Chinese people,” Said Liu Hongfang, a manager of the market. […]

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Indonesia: New rule to provide tax refunds for foreign tourists

In an effort to encourage tourist spending and empower small and medium enterprises (SMEs), the government will revise a regulation pertaining to value-added tax (VAT) that would allow foreign tourists to get tax refunds for their spending. The Finance Ministry’s director general for taxation, Robert Pakpahan, said a new regulation, which will revise Finance Ministerial Regulation No. 76/2010, […]

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Indonesia aims for regional digital tech hub in 2020

THE government has vowed to improve the regulatory framework related to Indonesia’s digital economy as it aspires to become South-East Asia’s digital hub next year. In the near future, digital technology will deeply influence the country’s development, said Rudy Salahuddin, an official from the Office of the Coordinating Economic Minister. For that purpose, the government […]

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