Effective from 1 January 2026, the Value-Added Tax Law of the People's Republic of China and its Implementation Regulations have officially come into force, and the Measures for the Administration of VAT General Taxpayer Registration have been repealed.

Today, December 18, 2025, marks a historic turning point for Hainan. The island has officially launched its island-wide special customs operations, effectively transforming the entire province into the world's largest Free Trade Port (FTP) by area.

Vietnam is intensifying its ESG regulations, which can affect corporate compliance, financing and foreign direct investment. The country aims to comply with its commitment made during COP26 in Glasgow to become net zero emission by 2050. For companies planning to expand...