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Information from the Vietnam Association of Seafood Exporters and Producers (VASEP) reveals that the U.S. Department of Commerce (DOC) announced preliminary countervailing duty rates for shrimp imports from Vietnam, India, and Ecuador on March 25, 2024. Three out of the four largest shrimp suppliers to the U.S. will face preliminary countervailing duties ranging from 1.69%…
02
Apr
Apr
In March 2024, Formosa and Hoa Phat submitted applications to initiate an anti-dumping investigation against hot-rolled coil steel imported from China, citing that Chinese enterprises’ dumping of steel products in the Vietnamese market threatens the domestic manufacturing industry. However, while Chinese companies have not responded, seven Vietnamese steel producers have voiced opposition, stating that there…
03
Apr
Apr
On March 22, 2024, the Canada Border Services Agency (CBSA) announced that it would conduct reviews of anti-dumping and countervailing duties on upholstered domestic seating products originating from Vietnam and China. The CBSA has initiated a normal value review to establish normal values, export prices, and the amount of subsidies applicable to upholstered domestic seatings…
05
Sep
Sep
In recent years, the method of resolving disputes through commercial arbitration has been increasingly preferred by businesses in Vietnam due to several advantages such as agility, flexibility in procedural matters, high confidentiality, or the parties’ right to negotiate in dispute resolution. However, the challenge posed to this dispute resolution method is the enforceability of arbitral…
15
May
May
On March 22, 2024, China issued a decree on the development and regulation adjustments of cross-border data flows. This is a significant legal document guiding the regulation and establishment of information and personal data protection when processed or transferred across borders in China. In the global digital economy, cross-border data movement is crucial, driving innovation,…
29
Mar
Mar
On March 19, 2024, two steel manufacturing enterprises in Vietnam, including Hoa Phat Group and Formosa Ha Tinh Steel Corporation, sent a request to initiate an anti-dumping investigation to the Trade Remedies Authority of Vietnam regarding HRC products imported from China into Vietnam. The reason for this request is the sudden increase in imported steel…
18
May
May
On March 26, 2024, the Prime Minister of Vietnam issued Official Letter No. 202/TTg-NN regarding the deployment of the implementation of Land Law No. 31/2024/QH15, urgently sending it to the Deputy Prime Minister, Ministers of various Ministries, Chairpersons of People’s Councils, People’s Committees of centrally-run provinces and cities. The Land Law of 2024 has undergone…
25
Mar
Mar
The draft Law on Value-Added Tax (amended) and the draft Decree guiding the detailed implementation of the Law on Value-Added Tax (amended) are currently under review by the Ministry of Finance. This draft proposes applying a 10% VAT tax to most exported services (except for some specifically regulated services). If Vietnamese exported services are subject…
26
Mar
Mar
Since the start of 2024, Brazil has conducted several anti-dumping investigations against products originating from China. It is anticipated that with Chinese businesses facing challenges in trading with the largest economy in Latin America, this will be a good opportunity for Vietnamese enterprises to replace them and establish long-term and sustainable cooperation with Brazil. The…
21
Mar
Mar
On March 19, 2024, the Directorate General of Trade Remedies (DGTR) of India issued an anti-dumping questionnaire for textured tempered coated and uncoated glass products originating from or imported from Vietnam and China, in accordance with the Customs Tariff Act of 1975 to investigate the existence, extent, and impact of the alleged dumping. Some information…
