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On April 3, 2024, the U.S. Department of Commerce (DOC) issued an official notice regarding the extension of the deadline for issuing the final determination on the scope of the product investigation and the anti-dumping and countervailing duty circumvention with respect to wooden cabinets imported from Vietnam. Since April 2020, the United States has imposed…
13
Apr
Apr
On March 21, 2024, the Foreign Trade Secretariat (SECEX) announced in the Official Gazette of the Mercosur Common Nomenclature (NCM) No. 11/2024, the commencement of an investigation into the dumping of synthetic staple fiber products made from polyester (Polyester Staple Fiber) exported to Brazil, commonly classified under HS code 5503.20.90 of the Mercosur Common Nomenclature…
10
Apr
Apr
According to the Tariff Act of 1930, the U.S. Department of Commerce will automatically conduct sunset reviews every 5 years for anti-dumping duty and countervailing duty orders listed by the DOC. The United States International Trade Commission (ITC) simultaneously announced this notice of the 5-year sunset review of similar duty orders and investigations currently suspended….
14
Apr
Apr
Recent data released by Vietnam Foreign Investment Agency, under the Ministry of Planning and Investment, sheds light on the dynamic landscape of foreign investment in the country. As of March 20, 2024, Vietnam has seen a significant increase in foreign investment, with total registered capital reaching over $6.17 billion. This marks a notable 13.4% increase…
14
Apr
Apr
Vietnam’s regulatory landscape concerning outward investment is essential for both investors and enterprises looking to expand their operations beyond national borders. With detailed provisions outlined in Decree No. 31/2021/NĐ-CP, investors are guided through conditions for regulated sectors and requirements for various forms of outward investment. Conditions for Regulated Sectors Decree No. 31/2021/NĐ-CP, referencing Article 72,…
15
Apr
Apr
Vietnam’s Ministry of Information and Communications has taken a significant step in safeguarding consumer interests with the enactment of new regulations aimed at enhancing oversight of unsafe Information and Communication Technology (ICT) products. Circular 04/2023/TT-BTTTT, scheduled to come into effect on May 15, 2024, marks a pivotal moment in ensuring that technology products entering the Vietnamese…
16
Apr
Apr
Recently, the latest amendment of the Social Insurance Law Project has included a proposal for Vietnamese workers participating in voluntary social insurance to be able to retire early by 2-5 years without deduction in benefits. The amended Social Insurance Law Project has been discussed by the National Assembly in the session of October 2023, expected…
12
Apr
Apr
Vietnam has emerged as one of the most dynamic and rapidly growing economies in Southeast Asia, attracting businesses from around the globe. Its strategic location, favorable investment environment, and abundant workforce make it an appealing destination for entrepreneurs looking to set up new company in Vietnam. However, navigating the process of setting up a new…
14
Apr
Apr
In the context of the modern economy, registering trademark is not only an essential step but also a crucial strategy to protect and develop the brand of an organization or individual. In Vietnam, the applicant needs to have a profound understanding of the process of registering a trademark exclusively in Vietnam to ensure a high…
10
Apr
Apr
On April 9, 2024, the Anti-dumping and Countervailing Investigation Bureau of Vietnam’s Trade Remedies Authority officially issued a notice requesting steel companies to submit additional information related to the anti-dumping investigation on Chinese hot-rolled coil to establish grounds for initiating the investigation. On March 19, 2024, the Trade Remedies Authority received a request for investigation…
