Market Insights

Asia Perspective’s Market Insight reports are issued throughout the year and feature hot business topics and recent developments within emerging Asian markets.

Indonesian woman driving a car
Indonesia
Indonesia Extends Luxury Tax Break for Small-Car Sales
In an attempt to restore the nation’s economy amid the pandemic, the Indonesian government extended its luxury tax break for sales of small cars, ...
Chinese parents playing with a baby
China
China Implements Three-Child Policy to Cope with the Rapidly Aging Population
In a major shift from the existing two-child policy that has failed to raise the country’s declining birth rates and avert a demographic crisis, ...
China 618 shopping festival
China
Great Potential Behind Chinese 618 Shopping Festival
In addition to China’s biggest shopping festival, Double Eleven, the upcoming 618 Shopping Festival on June 18th is a great showcase of the world-leading ...
Drone flying in the sky over Shanghai
China
China’s Thriving Drone Industry
Drone Industry Overview Lately, the media have been filled with articles and clips of drone shows that have painted Shanghai’s iconic skyline in different ...
Barman tapping a glass of draft beer
Vietnam
Exploring The Booming Craft Beer Industry in Vietnam
Craft Beer is becoming a new trend on Vietnam’s beer market and is favoured by the majority of the young Vietnamese generation thanks to ...
SIAL China 2021
China
SIAL China 2021 Brought Together Global Leaders in the Food and Beverage Industry
SIAL China 2021, one of the world’s biggest food and beverage (F&B) professional showcases and conferences, was held at the Shanghai New International Expo ...
Woman shopping online with credit card and phone
China
Cross Border E-commerce is Opening China’s F&B Market for Foreign Exporters
The Chinese government is supporting the growth of CBEC (cross border e-commerce) businesses to promote foreign trade in the country with a range of ...
Woman eating a vegan burger
Vietnam
Vietnam’s Growing Alternative Protein Market is Gaining Attention from Foreign Investors
Vietnam’s Alternative Protein Market has already witnessed great growth in recent years and is predicted to grow strongly between 2021 and 2025 with a ...
China International Consumer Expo 2021
China
China’s International Consumer Product Expo Attracted Worldwide Attention
In May 2021, China’s first International Consumer Expo was held with the aim to accelerate the entry of foreign brands and increase sales under ...
Jakarta city view
Indonesia
Indonesia Releases Draft of New Prioritized Investment List
In January 2021, Indonesia’s government drafted a new investment target list, aiming to boost investments in certain industries. The existing list, released in 2016, ...
Vietnam and UK flags combined
Vietnam
Vietnam and UK Sign Bilateral Free Trade Agreement
On Tuesday, December 29th, 2020, Vietnam and the UK officially signed the bilateral free trade agreement which has been in progress for over two ...
Loggers loading a truck with wood in Vietnam
Vietnam
Vietnam’s Export of Wood and Wooden Furniture Recovers after COVID-19
Export of wood and wooden furniture from Vietnam has increased significantly in the last two quarters of 2020. The monthly export has reached more ...
A man charging an electric vehicle
China
China’s Electrical Vehicle Sales Expected to Rise 40 Percent Next Year
China’s electrical vehicle industry is expected to see rapid growth next year. China Association of Automobile Manufacturers (CAAM) predicts sales topping 1.8 million units ...
Vaccine production line
China
China’s Logistics Industry Prepares for COVID-19 Vaccine Distribution
China is developing cross-border medical cold chain facilities to prepare for the distribution of COVID-19 vaccines to other countries, with developing nations on the ...
Forklift truck lifting a cargo container
China
China’s Container Shortage Pushes Global Freight Prices Through the Roof
The corona pandemic and its global effects has resulted in a serious container shortage in China. The supply of freight containers, that currently are ...
Vietnamese woman shopping in a supermarket
Vietnam
The Rise of Modern Grocery Shopping in Vietnam
Although traditional grocery shopping through local markets and independent stores dominates Vietnam’s grocery industry, modern channels are expanding rapidly due to the change of ...
RCEP map
Asia Pacific
Asia-Pacific Nations Form World’s Largest Trading Pact
After eight years of negotiation, 15 nations formally signed one of the world’s largest free trade agreements on the 15th of November 2020. The ...
Wine bottles in a crate
Vietnam
The Potential of Wine E-Commerce in Vietnam
Online sales of wine and spirits have been legalized in Vietnam since February 2020, with more transparent regulations of promotion, payments, and customer’s age ...
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