Our Scans · Vilnius · Weekly Summary

• NATO has begun that process with the Vilnius Summit Communique, announcing a new generation of strategic plans to increase readiness and improve deterrence of threats. National Defense University Press
• Countries such as India or Vietnam will require stronger domestic supply chains and improvements in trade policies to fully capitalise on new opportunities. Euromonitor
• Forty-eight more countries, including Vietnam, Brazil, Turkey and Iran, are expected to see their populations peak over the next 30 years. NBC News
• The companies in Vietnam exporting software products or software services will enjoy a 0% VAT rate, but selling intellectual property rights abroad attracts VAT. Grant Thornton Vietnam | Audit | Tax | Advisory | Busin
• India currently has the highest forecasted salary increase of 9.3% in 2024-overpowering salary increment rates across Vietnam, Indonesia, Philippines, China-Shanghai, Malaysia and Thailand. 2X Marketing
• From 2024-25, as outlined in the Budget papers, the federal government will introduce a visa pre-application ballot process for the capped Work and Holiday (Subclass 462) visa program for China, Vietnam and India. Gilton Valeo
• From 2024/2025, the federal government will introduce a visa pre-application ballot process for the capped Work and Holiday (462) visa program for China, Vietnam and India. Brightstone Migration
• For the period 2028-30, at least six new undersea fiber optic cable routes, including one route owned by Vietnam, will be put into use, increasing the total design capacity of marine fiber optic cables in Vietnam to a minimum of 350 Tbps. VnExpress International
• With almost 80% of US solar modules imported from Vietnam, Malaysia, Thailand, and Cambodia, trade measures could threaten supply. pv magazine USA
• Some of Southeast Asia countries (Vietnam and the Philippines) will achieve growth rates more than 6%. Coface
• Decommissioning newer plants will be a bigger financial challenge, particularly in countries still building fresh capacity, including Vietnam. businesslive
• Emerging Asian countries such as India, Indonesia, Vietnam and the Philippines are expected to witness some of the fastest growth rates globally, reflecting their continuing strength in domestic consumption and in attracting investments. Euromonitor
• A rise in HRC imports could occur from countries such as Vietnam, Japan, Korea and others, being redirected into India. EUROMETAL
• Work and Holiday visa - China, Vietnam, and India: A visa pre-application (ballot) process will be introduced for the Work and Holiday visa program for China, Vietnam, and India from 2024 to manage program demand and processing times. Crown World Mobility
• Tariffs on solar imports from four Southeast Asian countries - Cambodia, Malaysia, Thailand, and Vietnam - will resume after a two-year moratorium imposed by the Biden administration. AOL
• Due to additional shipbuilding demand, new builders are anticipated to emerge from India, the Middle East, the Philippines and Vietnam. Maritime London
• India and Vietnam are gaining the most from the China plus one strategy, which is also expected to unlock new growth opportunities for Asian economies. Economic Times
• India and Vietnam are emerging as key beneficiaries of the China plus one strategy, with Nomura predicting significant growth opportunities for Asian economies. Economic Times
• GDP Annual Growth Rate in Vietnam is expected to be 5.1% by the end of this quarter. Trading Economics
• Foreign Direct Investment in Vietnam is expected to be USD 11.60 Billion by the end of this quarter. Trading Economics
• The next NATO Summit in Vilnius, Lithuania, the first in years to be held in Eastern Europe, will present NATO with an ample opportunity to reevaluate its approach to Baltic Sea security. Wilson Center
• The alleged secrecy around China's nuclear stockpiles is unnerving for NATO members, but the major military threat from China is felt by the Asian partner states that attended the Vilnius summit. Foreign Policy
• NATO leaders are expected to agree a new target at a summit in Vilnius, Lithuania, in July and Stoltenberg said 2% of GDP should now be seen as a minimum, with members aiming to move more quickly than they have done to get to higher levels. Reuters

Last updated: 26 June 2025