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According to information from the Ministry of Industry and Trade of Vietnam, as of now, 72 countries and territories have recognized Vietnam as a market economy. This recognition serves as evidence of Vietnam’s remarkable development on the international stage through the acknowledgment of its allied nations. One of the significant advantages of being recognized as…
28
Sep
Sep
On September 13, 2023, Mexico’s Foreign Trade Enforcement Agency (Unidad de Prácticas Comerciales Internacionales – UPCI), part of the Mexican Ministry of Economy, released preliminary determinations in the anti-dumping investigation concerning the import of cold-rolled steel from Vietnam. According to information in the preliminary determinations, the margin of dumping for cold-rolled steel products imported from…
01
Oct
Oct
During his official visit to the United States, Prime Minister Pham Minh Chinh proposed to U.S. Treasury Secretary Janet Yellen to limit trade remedy measures on Vietnam’s major products, including textiles, footwear, wood products, and agricultural goods, based on the newly established comprehensive strategic partnership and the decades-long history of cooperation between the two nations….
02
Oct
Oct
Given the challenging economic situation in Vietnam, where major producers of Vietnam’s key goods face declining orders and union fee reductions, the government has proposed that the Vietnam General Confederation of Labor (VGCL) consider reducing union fees by 50%. This would mean a reduction from 2% to 1% of the mandatory fee, with an extended…
01
Oct
Oct
In 2023, Vietnam has witnessed a significant step forward in the protection and promotion of copyright through the implementation of new regulations. These changes have been made to adapt to the rapid development of the digital economy and creative industries, providing new opportunities for creators and establishing an optimal legal environment to safeguard their works…
06
Oct
Oct
The Intellectual Property Law of Vietnam is an important legal framework that governs intellectual property rights in areas such as copyright, trademarks, and many other aspects related to creativity and innovation. In 2022, the Vietnam Intellectual Property Law underwent a series of notable amendments to adapt to the rapid development of technology and international integration,…
20
Sep
Sep
On September 1, 2023, the Anti-Dumping Commission of Australia (ADC) issued the Statement of Essential Facts in relation to Australia’s anti-dumping investigation into Vietnamese copper tube products imported into the country. On March 22, 2021, the Anti-Dumping Commission of Australia (ADC) initiated an anti-dumping investigation into Vietnamese copper tube products after reviewing the application by…
19
Sep
Sep
With the official elevation of the bilateral relationship between the United States and Vietnam from Comprehensive Partners to Comprehensive Strategic Partners for Peace, Cooperation, and Sustainable Development, Vietnam’s economy is expected to experience robust development in the near future. Vietnamese businesses, as the backbone of the entire Vietnamese economy, will also undergo comprehensive development, especially…
07
Oct
Oct
In recent times, many high-profile deals in Vietnam have been signed with the premise of establishing a Memorandum of Understanding (MoU). An example is the $10 billion MoU in the aviation services sector between Vietnam Airlines and Boeing to purchase 50 737 Max aircraft, within the framework of realizing and promoting the Comprehensive Strategic Partnership…
14
Sep
Sep
On September 11, 2023, the United States Department of Commerce (DOC) published a notice initiating an administrative review of certain Vietnamese export products subject to anti-dumping or countervailing duties. The products under review by the U.S. include: If a business does not engage in export activities during the review period but is still listed in…
