Indonesia holds public sunset review hearing on anti-dumping duties on BOPP film products from Thailand and Vietnam

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On January 22, 2023, the Indonesian Anti-Dumping Committee (KADI) issued a notice regarding the organization of the public sunset review hearing on anti-dumping duties on BOPP film products from Thailand and Vietnam. The notice was sent to the Vietnamese embassy in Indonesia and forwarded to relevant parties. On September 2, 2015, KADI initiated an investigation…

Vietnam issued the Second Review Determinations of the Application of Anti-Dumping Measures on MSG Products from China and Indonesia

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On January 5, 2024, the Ministry of Industry and Trade of Vietnam issued Decision No. 22/QD-BCT on the second review results of the application of anti-dumping measures against certain MSG products. On July 22, 2020, the Ministry of Industry and Trade of Vietnam issued Decision No. 1933/QD-BCT imposing official anti-dumping duties on certain MSG products…

Situation and key considerations of Vietnam’s M&A market in 2023

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(Published on Vietnam Law & Legal Forum Magazine) The negative impacts of the geopolitical tension have indirectly hindered the global economic recovery after the COVID-19 pandemic, preventing the M&A market in 2023 from unfolding as dynamically as anticipated following the less optimistic outcome in 2022. Nguyen Tien Hoa, Senior Partner & Nguyen Thuy Chung, Senior…

Basic Differences between Taxes, Fees, and Levies in Vietnam

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In the context where the tax system and related fees are becoming increasingly complex, understanding the fundamental concepts of taxes, fees, and levies is crucial for individuals and businesses to actively and effectively manage personal and corporate finances in Vietnam. In reality, many people still find it challenging to differentiate between these concepts. This article…

Regulations on restricting the use of foreign currency in the territory of Vietnam

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The using of foreign currency in the territory of Vietnam is currently limited in order to preserve the strength of Vietnam Dong – Vietnam’s currency. If other currencies such as USD, AUD, Euro, Swiss France,… are constantly traded in the open market, the value of VND will slowly deteriorate as people will not use that…

Expanding the scope of granting land use rights certificates to undocumented land in Vietnam

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Recently, the Vietnamese National Assembly has passed the 2024 Land Law with a focus on expanding the scope of granting land use certificates for undocumented land in Vietnam. With the extended evaluation period, many Vietnamese citizens will have more opportunities to own land use certificates, commonly known as “red books.” Before July 1, 2004, the…

Legal aspects regarding business establishments in Vietnam issuing promotions

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In Vietnam, promotions are considered an effective sales and marketing tool to attract consumers. However, unlike many other countries, promotions in Vietnam are currently being excessively used, leading to situations of product underpricing for competitive advantage or the use of misleading promotional tactics, causing harm to consumers and the reputation of other businesses in the…

Is Tet bonus an obligatory aspect in Vietnam?

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On the occasion of Lunar New Year, which is also known as Tet Holiday, the issue of Tet bonuses and the 13th-month salary is often discussed in society. Currently, there is no specific regulation or rule that obliges businesses to give Tet bonuses to employees. Whether or not to give Tet bonuses depends on the…

Difficulties in protecting copyright for works created with the support of artificial intelligence (AI) in Vietnam

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In the year-end summary, Vietnam Television (VTV) pointed out that 2023 was the “year of fake-authentic, authentic-fake” with the development of artificial intelligence (AI). Merriam-Webster, the most trusted dictionary in the United States, chose the word “Authentic” as the keyword for 2023. This phrase accurately reflected the global social situation in 2023 with significant technological…

Legal Perspective on Land Use Rights in Vietnam

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In the context of economic development and increasing urbanization, land management has become one of the major challenges for many countries, including Vietnam. Mastering the legal provisions related to land use rights is not only essential when participating in the real estate market but also a crucial condition for protecting one’s interests. This article provides…

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