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On March 15, 2024, the Trade Remedies Authority of Vietnam, Ministry of Industry and Trade issued Announcement No. 11/TB-PVTM regarding the acceptance of applications for exemption from the application of trade remedy measures in March 2024 from enterprises meeting the conditions for exemption, applying to specific cases as outlined in the attached appendix to the…
15
Mar
Mar
On March 14, 2024, the Trade Remedies Authority, Ministry of Industry and Trade of Vietnam issued a list of early warnings for Vietnamese products at risk of being investigated for the application of international trade defense measures. The items at risk include: 1. Some wood products exported to the United States Hardwood plywood HS codes…
17
Mar
Mar
Recently, the Vietnamese Ministry of Finance has officially expressed its opinion, proposing to reconsider the proposal to increase pensions and allowances by the Ministry of Labor, Invalids and Social Affairs, citing that the projected funding would exceed 17 trillion Vietnamese dong, surpassing the budget’s balancing capability. The Ministry of Finance has issued a letter in…
14
Mar
Mar
On March 8, 2024, the United States International Trade Commission (USITC) issued a notice initiating a global safeguard investigation to fine denier polyester staple fiber under HS code 5503.20.0025. The investigation was launched by the USITC on February 28, 2024, following a petition from U.S. producers of polyester staple fiber, including Fiber Industries LLC d/b/a…
20
Mar
Mar
Currently, the United States Department of Commerce is considering recognizing 11 countries as market economies, including Belarus, Georgia, Kyrgyzstan, China, Armenia, Azerbaijan, Moldova, Tajikistan, Uzbekistan, Vietnam, and Turkmenistan. Understanding the method by which the United States confirms market economy status would be beneficial for Vietnam, providing a basis for the country to make necessary changes…
25
Mar
Mar
The most significant difference between branches and representative offices lies in their legal nature and financial responsibilities. In terms of nature, a branch is considered a part of the parent company and can conduct direct business transactions, while a representative office is merely a legal representative without legal status and cannot engage in direct business…
22
Mar
Mar
Establishing a representative office in Vietnam is a crucial step for businesses to expand their operations and establish a presence in key target countries. The following article will highlight the points that businesses need to consider regarding the establishment procedures for opening representative office in Vietnam. Documentation Requirements for Establishing Representative Offices in Vietnam Article…
22
May
May
A representative office is a familiar legal concept for international businesses wishing to expand their operations to other countries. The following article will outline the fundamental factors regarding opening representative office in Vietnam. Representative Office A representative office is a dependent unit of an enterprise, responsible for representing and protecting the interests of the enterprise,…
13
Mar
Mar
On March 11, 2024, the Ministry of Industry and Trade of Vietnam issued Decision No. 494/QD-BCT regarding the extension of the deadline for reviewing new exporters in the application of anti-circumvention measures on certain sugar products. This decision was made in accordance with the provisions of Articles 82 and 90 of the Law on Foreign…
12
Mar
Mar
On March 8, 2024, the Canada Border Services Agency (CBSA) initiated an investigation into the application of anti-dumping measures on wire rod products originating from China, Egypt, and Vietnam. The investigated product is wire rod with HS codes: 7213.91.00.42; 7213.91.00.43; 7213.91.00.49; 7213.91.00.50; 7213.91.00.60; 7213.91.00.70; 7213.99.00.11; 7213.99.00.12; 7213.99.00.31; 7213.99.00.32; 7213.99.00.51; 7213.99.00.52; 7227.20.00.20; 7227.20.00.90; 7227.90.00.60; 7227.90.00.70; 7227.90.00.81;…
