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.

Charging an electric vehicle
China
China’s Booming Electric Vehicle Market Expects Another Year of Great Strides
Sales of new energy vehicles (NEVs) in China reached a record 2.99 million units in 2021, increasing 169% year-on-year (YoY). The surge reflects China’s ...
Workers at a cold storage unit in Vietnam
Vietnam
Vietnam’s Rising Cold Storage Warehouse Market Reveals Opportunities for Investors
Vietnam’s cold storage market is expected to grow fast with booming demand, yet the growth is obstructed by a critical shortage of suppliers. The ...
Young people drinking coffee at an outdoor coffee shop
China
Manner Coffee’s IPO Unveils Potential of China’s Coffee Shop Market
In recent years, local Chinese coffee brands are emerging as strong competitors against the large foreign coffee chains in the country. The success of ...
New cars parked outside a factory
Vietnam
Vietnam’s Automobile Market: Upward Projected Growth Trajectory
VinFast (VinFast LLC) is known as Vietnam's first automobile brand, the company was founded with the backing of Vingroup, one of the most influential ...
RCEP 2022
Asia Pacific
The Regional Comprehensive Economic Partnership (RCEP) promotes connectivity among economies in the Asia-Pacific region
The Regional Comprehensive Economic Partnership (RCEP), the world's largest trade deal, officially took effect on January 1, 2022, targeting a market of 2.2 billion ...
Chinese IT engineer working in a server room
China
China’s Services Sector Receives Extensive Government Support
China’s service sector plays a vital part in the country’s economy. In 2020, the services industry accounted for 54% of China’s GDP and 60% ...
Residential buildings in China
China
The Multifaceted Impact of China’s Plan to Impose Property Tax
In October 2021, the Chinese government has decided on rolling out a pilot property tax in some regions within the next five years, before ...
Solar farm in Bali, indonesia
Indonesia
Indonesia is On Course to Become a Major Solar Power Exporter
In 2021, the government rolled out two important regulations showing strong support for investments in renewable energy. Its neighbouring country, Singapore, signed two agreements ...
Young Chinese woman shopping online in a cafe
China
Singles’ Day In 2021 Sees Emerging Trends in Chinese Retail Landscape
The world’s biggest online shopping day, Chinese Singles’ Day, is coming closer. The shopping season has witnessed significant sales rise every year since its ...
Indian textile workers
India
India’s Textile Industry is Resilient, Backed by the Government for Further Growth
Textile exports in India for the first half of 2021 have surpassed pre-pandemic levels, a welcomed development after the dire effects that the COVID ...
Tourists in Bangkok, Thailand
SE Asia
Southeast Asia’s Improved COVID Situation Offers a Positive Outlook For Economy Rebound
With intensive vaccine rollout and heavy restrictions, Southeast Asia has significantly improved its COVID situation towards the end of 2021. Regional governments are gradually ...
Indian scientist holding a vaccine ampoule
India
A Look at India’s Dominating Vaccine and Pharma Industry
India emerged as one of the world’s largest COVID vaccine exporters in 2020/21. Extensive production with intensive development of “made-in-India” vaccine products enable rapid ...
Indian investors in discussion
India
India’s Unicorn Flush Creates Multiple Opportunities for Investors
India is an increasingly attractive land for investors. 28 new companies joined the unicorn list in 2021, indicating promising future robust capital markets. Foreign ...
Woman shopping in a Chinese supermarket
China
China’s New Regulations for Food Imports and Overseas Facility Registration
The GACC (General Administration of Customs of the People’s Republic of China) has recently introduced two new decrees that, once implemented, would impose significant ...
Chinese couple drinking in a bar
China
China’s Bar Industry Shows High Potential as Helens Becomes China’s First Pub IPO
China’s largest pub chain operator, Helens International Holding, went public in September 2021, making its Chairman the newest billionaire of China. Despite the influence ...
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 ...
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