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Are banks and credit institutions the same concept? In the following article, ASL LAW will introduce some basic differences in the definition between a bank and a credit institution in Vietnam. Definition Clauses 1 and 2, Article 4 of the Law on Credit Institutions 2017 No. 17/2017/QH14 amending and supplementing a number of articles of…
28
Mar
Mar
Recently, the Ministry of Industry and Trade of Vietnam has issued Decision No. 693/QD-BCT on extending the application of anti-circumvention measures to trade remedies for coil and wire steel products imported into Vietnam. On July 18, 2016, the Ministry of Industry and Trade issued Decision No. 2968/QD-BCT on the application of global safeguard measures to…
28
Mar
Mar
Pursuant to the provisions of Point c, Clause 1, Article 16 of Circular 37/2019/TT-BCT, the Vietnam Trade Remedies Authority has issued a notice of receipt of the application for exemption from trade remedies in March 2023. Cases applied within the scope of application for exemption from application of trade remedies include the investigation of application…
28
Mar
Mar
On March 20, 2023, the United States announced the sixth extension of the time to issue final conclusions on the investigation of circumvention of anti-dumping and anti-subsidy duties on plywood using hardwood materials imported from Vietnam. The anti-dumping and anti-subsidy duty circumvention investigation on plywood from Vietnam was initiated by the DOC on June 17,…
28
Mar
Mar
On March 21, 2023, the Ministry of Industry and Trade issued Decision No. 691/QD-BCT on extending the application of safeguard measures to long steel products imported into Vietnam. On July 18, 2016, the Ministry of Industry and Trade issued Decision No. 2968/QD-BCT on the application of global safeguard measures to billet and long steel products…
29
Mar
Mar
Recently, the Ministry of Labor, War Invalids and Social Affairs of Vietnam has proposed to change the basis for paying social insurance premiums in the draft revised Law on Social Insurance which is open for public comment. Accordingly, employers and employees may pay social insurance based on the actual fluctuation of salary each month, instead…
05
Apr
Apr
Free Trade Agreements (FTAs) have many positive impacts on Vietnam. The most prominent incentives among them are tariff preferences that can help Vietnamese businesses boost production and export to countries within the scope of a separate FTA Agreement. However, along with the positive points are a few limitations and disadvantages that are likely to negatively…
08
Apr
Apr
When Vietnamese manufacturing and exporting enterprises are subject to trade remedy investigation, would their production and export activities will be negatively affected, leading to a state of reduction or even a complete stop, seriously affect the Vietnamese economy? With an economy that relies heavily on export production like Vietnam today, a high ratio of exports…
23
Mar
Mar
On March 3, 2023, the Vietnam Trade Remedies Department issued a minutes of public consultation on the final review of the application of safeguard measures for imported billet and long steel products in accordance with the provisions of the Vietnamese law on trade remedies. On July 18, 2016, the Ministry of Industry and Trade of…
19
Mar
Mar
Decree No. 08/2023/ND-CP (“Decree No. 08”) newly issued by the Government of Vietnam on March 5, 2023 amending, supplementing and suspending the implementation of a number of articles in Decrees stipulating private offering and trading of corporate bonds in the domestic market and the offering for sale of corporate bonds in the international market. Decree…
