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Because trade remedy investigations often take a long time, have far-reaching effects on many sectors and industries in the economy, the WTO has established a mechanism to issue preliminary and final conclusions in the trade remedy investigations by member countries, including the United States. Since investigations are often protracted leading to the possibility of causing…
01
May
May
When the investigating authority of a country has determined that the act of producing or exporting a commodity of an enterprise in its domestic market is a violation of trade remedy regulations, such as in case of dumping or subsidizing, instead of imposing official duties, the two sides can fulfill their commitments, suspend and stop…
04
May
May
In the field of trade remedies, there are three basic cases that the competent authorities can apply in the field of trade remedies to protect the interests of domestic producers and the stable development of the domestic industry, which is anti-dumping, anti-subsidy and applying safeguard measures. The term trade remedy is a commonly applied term…
26
Apr
Apr
On March 29, 2023, the Philippine Department of Trade and Industry (DTI) issued a notice of receipt of a request to investigate the application of safeguard measures against steel gas cylinders imported into this country. The products under investigation are imported steel cylinders (LPG Steel Cylinders) with code AHTN 73.11. The plaintiff is Ferrotech Steel…
26
Apr
Apr
Vietnam has officially issued the Decree No. 13/2023/ND-CP on personal data protection which shall become effective from July 01, 2023. It is assumed that the decree shall significantly affect the way of collecting, transferring data oversea, storing, and handling personal data in Vietnam. Legal regulations on the protection of personal data have been promulgated by…
20
Apr
Apr
Recently, the Philippines has issued an order to impose temporary anti-dumping duties on cement products exported from Vietnam to this country after 2 years of investigation. In early 2021, the cement manufacturing industry in the Philippines filed a lawsuit against Vietnamese cement producers for dumping cement products in this country, causing serious damage to the…
19
Apr
Apr
The field of anti-dumping and trade remedies is a new field that has been intensively researched and developed in Vietnam, both from the perspective of protecting Vietnamese manufacturing and exporting enterprises from international orders regarding trade remedy duty and from the perspective of protecting the interests of Vietnam’s domestic industry through duty calculation and imposition…
18
Apr
Apr
On April 17, 2023, the Government of Vietnam issued Decree No. 13/2023/NĐ-CP on Personal Data Protection effective from July 2023. The Decree details the rights of data subjects in personal data protection activities. Key points in the Personal Data Protection Decree include: Data subject rights The data subject has a total of 11 rights, including:…
21
Apr
Apr
Recently, the Government of Vietnam has agreed the proposal to reduce VAT in Vietnam from 10% to 8% for the rest of 2023. It is expected that the Ministry of Finance will submit a formal proposal to the National Assembly to issue an official Resolution for VAT reduction implemented according to simplified procedures. On April…
21
May
May
In the first half of 2023, the Ministry of Finance of Vietnam has consulted the people and those affected by the special consumption tax in the Draft Law on Special Consumption Tax (amended). As part of the Tax System Reform Strategy 2021-2030, the Draft Law on Special Consumption Tax of Vietnam includes four major policy…
