On August 5, 2024, Costa Rica officially recognized Vietnam as a market economy, issuing an announcement and presenting a diplomatic note from the Costa Rican Minister of Foreign Trade, with the agreement of the country’s President. This makes Costa Rica the 73rd country to officially recognize Vietnam’s market economy status, marking a new milestone in…
On August 5, 2024, the Indonesian Safeguard Committee announced the organization of a public hearing for the investigation into the extension of safeguard measures on EPS resin products against Vietnam. On July 22, 2024, the Indonesian Safeguard Committee (KPPI) issued a notice initiating an investigation into the extension of safeguard measures on EPS resin products…
Recently, the Trade Remedies Authority of the Ministry of Industry and Trade of Vietnam issued a questionnaire for foreign producers/exporters in the end-of-term review of the antidumping measures on MSG products from Indonesia and China. On July 22, 2020, the Ministry of Industry and Trade of Vietnam issued Decision No. 1933/QĐ-BCT on the official imposition…
Recently, the Trade Remedies Authority of the Ministry of Industry and Trade of Vietnam issued a questionnaire for foreign producers/exporters in the end-of-term review of plastic products made from polypropylene polymers from Malaysia, Thailand, and China. On July 20, 2020, the Ministry of Industry and Trade issued Decision No. 1900/QĐ-BCT on the official imposition of…
With the deadline for submitting responses to the anti-dumping investigation questionnaire on coated steel products originating from China and South Korea set for August 5, 2024, many businesses have indicated that this timeline is insufficient for them to prepare the necessary information. Taking this reasonable concern into account, the Trade Remedies Administration under the Ministry…
With the initial deadline for submitting responses to the anti-dumping investigation questionnaire on coated steel products originating from China and South Korea set for August 7, 2024, many foreign producers/exporters have expressed that this timeline is insufficient for them to prepare thorough and detailed information. Acknowledging this reasonable concern, the Trade Remedies Authority under the…
On July 29, 2024, the U.S. Department of Commerce (DOC) announced the initiation of the second administrative review of anti-dumping duties on honey from Vietnam. The review period covers June 1, 2023, to May 31, 2024. On May 14, 2021, the DOC initiated an anti-dumping investigation on Vietnamese honey. The preliminary findings concluded with anti-dumping…
With the increasing demand for M&A transactions in Vietnam to meet companies’ goals of expanding into new areas or restructuring, there is a corresponding rise in the need for professional legal due diligence in Vietnam (LDD) for target projects and companies. The nature of M&A transactions has become more flexible and complex, especially as Vietnam…
Vietnam, with its rapidly developing economy and potential-filled real estate market, has become an attractive destination for foreign investors. However, under current regulations, foreign investors do not have full ownership rights over real estate assets like Vietnamese citizens do, leading to a bottleneck in foreign investment flows into the Vietnamese market. Complex legal regulations, ownership…
On July 30, 2024, the Trade Remedies Authority received information that the European Commission (EC) has received a complete and valid application requesting an investigation into the application of anti-dumping measures on non-alloy or alloy hot rolled steel products imported from Vietnam. In the event of initiating an investigation, the EC will send relevant parties…