The United States Maintains 46% Countervailing Duties on Vietnam Amid Rising Global Trade Tensions

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Starting at 12:01 AM on April 9, 2025 (U.S. time), the United States officially implemented a new round of countervailing duties on imports from dozens of major trading partners. These tariffs range from 11% to 84%, in accordance with the plan announced by President Donald Trump on April 2. Among the affected countries, Vietnam remains…

Brazil Initiates Anti-Dumping Investigation on PET Plastic from Malaysia and Vietnam

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Brazil’s Ministry of Development, Industry, Trade and Services has recently issued a notice initiating an anti-dumping investigation concerning polyethylene terephthalate (PET) plastic with an intrinsic viscosity between 0.78 and 0.88 dl/g, commonly classified under subheading 3907.61.00 of the Mercosur Common Nomenclature (NCM), originating from Malaysia and Vietnam. The investigation was prompted by allegations of dumping…

Legal Considerations for Investors Engaging in Transactions of Future-Formed Real Estate in Vietnam

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Future-formed real estate (FFRE) transactions are increasingly common in the market, especially in major urban areas. However, since the asset does not yet exist at the time of contract signing, investors must carefully assess legal factors to minimize risks. Below are some key legal considerations: Legal Conditions of the Project Before signing a purchase agreement,…

USA Imposes Countervailing Tariffs on Over 180 International Trade Partners

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The USA government has just announced a new tariff policy, applying to over 180 trade partners worldwide. This move is seen as one of the most assertive measures by the USA to adjust the trade balance and protect domestic manufacturing. Countervailing Tariff Rates and Scope of Application According to a statement by USA President Donald…

The USA Imposes Countervailing Tariffs of Up to 46% on Vietnamese Exports

The USA Imposes Countervailing Tariffs of Up to 46% on Vietnamese Exports

On April 2, USA President Donald Trump signed an executive order imposing countervailing import tariffs on dozens of economies. Vietnam is among the countries subject to the highest tariff rate, reaching up to 46%, second only to China at 34%. Meanwhile, countries such as the UK, Brazil, and Singapore face a 10% tariff, whereas the…

Vietnam imposes temporary anti-dumping duty on galvanized steel products from China and South Korea

Vietnam imposes temporary anti-dumping duty on galvanized steel products from China and South Korea

On April 1, 2025, the Ministry of Industry and Trade issued Decision No. 914/QD-BCT regarding the imposition of temporary anti-dumping duties on certain galvanized steel products originating from China and South Korea. According to this decision, the highest temporary anti-dumping duty applied is 37.13% on goods from China and 15.67% on goods from South Korea….

India initiates anti-dumping investigation on elastomeric filament yarn from China and Vietnam

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On March 28, 2025, the Directorate General of Trade Remedies (DGTR) of India officially launched an anti-dumping investigation into Elastomeric Filament Yarn originating from China and Vietnam. The investigated product is Elastomeric Filament Yarn, classified under HS codes 54024400 and 54041100. This type of yarn, commonly known as Spandex or Elastane, is widely used in…

The United States Issues Preliminary Determination in Countervailing Duty Investigation on Vietnamese Hard Gelatin Capsules

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On March 25, 2025, the U.S. Department of Commerce announced its preliminary determination in the countervailing duty investigation concerning imports of hard gelatin capsules (HS codes 9602.00.1040 and 9602.00.5010) from Vietnam. This investigation was initiated by the DOC on November 20, 2024, at the request of U.S. domestic producers. During the investigation, the DOC selected…

South Korea Extends Anti-Dumping Investigation on Vietnamese Cold-Rolled Stainless Steel

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The Korea Trade Commission (KTC) has recently issued a decision to extend the anti-dumping investigation period for Vietnamese cold-rolled stainless steel. The investigation timeline is as follows: The extension was granted due to a shortage of personnel at KTC, as the number of trade remedy cases has been increasing. Previously, on May 30, 2024, KTC…

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