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With the announcement by UK Prime Minister Rishi Sunak about the completion of negotiations to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and thus formally becoming a member of the CPTPP in the near future, the UK will officially recognize Vietnam, a full-fledged member of the CPTPP, as a market economy in…
21
Jul
Jul
In order to gather more information on the anti-dumping investigation against the imported prestressed steel cable products from Malaysia, Thailand, and China to Vietnam, the Ministry of Industry and Trade of Vietnam has issued Questionnaire No. 545/PVTM-P2 regarding the anti-dumping investigation for prestressed steel cable products (case code: AD17). On July 5, 2023, the Ministry…
20
Jul
Jul
In the end-of-term determination of the anti-dumping and countervailing duty review concerning Vietnamese copper pipe fitting, the Canada Border Services Agency (CBSA) has issued the Final Determination on the situation of dumping and subsidizing of Vietnamese copper pipe fitting. According to the findings, Canada has determined that imported Vietnamese copper pipe fitting from Vietnam are…
20
Jul
Jul
On July 17, 2023, the Trade Remedies Administration of Vietnam’s Ministry of Industry and Trade issued Notice No. 68/TB-PVTM regarding the issuance of the Questionnaire on quantity and value for foreign manufacturers/exporters in the AD17 case – the anti-dumping investigation of prestressed steel strand from Malaysia, Thailand, and China. On July 5, 2023, Vietnam issued…
12
Jul
Jul
On July 3, 2023, the Ministry of Economy and Finance of South Korea sent a letter to the Vietnamese Ambassador in South Korea regarding South Korea’s initiation of an end-of-term review of anti-dumping duties on plywood from Vietnam. In accordance with Article 12.1 of the Agreement Implementing Article 6 of the General Agreement on Tariffs…
12
Jul
Jul
According to the second sunset review decision on the countervailing duty investigation on imported steel coat hangers issued on July 3, 2023, the U.S. Department of Commerce (DOC) announced that it would continue to apply countervailing duties on steel coat hangers imported from Vietnam at a rate of 31.58%. Based on the conclusion of the…
11
Jul
Jul
Recently, the U.S. Department of Commerce (DOC) issued a decision to partially revoke the anti-dumping and countervailing duty orders on imported solar energy panels from China related to the solar panel anti-dumping duty order in effect since 2012. According to the DOC’s decision (resulting from a review of changed circumstances initiated by solar energy panel…
16
Jul
Jul
During an interview, Trinh Anh Tuan, the Director General of the Administration of Trade Remedies of Vietnam’s Ministry of Industry and Trade, shared some statistics on Vietnam’s trade remedy situation in the first half of 2023 and issued warnings to industry sectors at risk of trade remedy investigations by the end of 2023. By the…
17
Jul
Jul
On June 30, 2023, the Government issued Decree No. 44/2023/NĐ-CP, which regulates the policy of reducing value-added tax (VAT) in accordance with Resolution No. 101/2023/QH15 dated June 24, 2023, of the National Assembly. Accordingly, from July 1, 2023, until the end of the year, the VAT for certain groups of goods and services will be…
16
Jul
Jul
On June 29, 2023, the Vietnamese Government officially issued Decree No. 42/2023/NĐ-CP on pension adjustment policies after a period of discussion, feedback, and revision. Accordingly, starting from July 2023, Vietnamese citizens who have participated in social insurance and receive pensions within the scope regulated by Decree No. 42 will see an increase in their pensions….
