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On December 24, 2024, the Vietnamese government issued Decree No. 163/2024/ND-CP (hereinafter, Decree 163), providing comprehensive guidance for implementing the 2024 Telecommunications Law that took effect on July 1, 2024. Effective January 1, 2025, Decree 163 replaces Decree No. 25/2011/ND-CP and its amendments, modernizing Vietnam’s telecommunications regulatory framework. This new decree brings significant updates, especially…
15
Aug
Aug
Vietnam is on the brink of a significant judicial transformation with the establishment of its specialized courts, including a dedicated intellectual property (IP) court in Vietnam. This development follows the National Assembly’s approval of the amended Law on the Organization of People’s Courts on June 24, 2024. These amendments pave the way for establishing specialized…
07
Aug
Aug
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…
07
Aug
Aug
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…
15
Aug
Aug
Foreign organizations and individuals can now own up to 30 percent of the total apartments in a condominium, according to Decree 95/ND-CP, which took effect on August 1. This regulation marks a significant shift in Vietnam’s real estate market, offering more opportunities for foreign investment. Key Provisions of Decree 95/ND-CP Increased Ownership Cap for Condominiums…
16
Aug
Aug
The International Labor Organization (ILO) has identified significant challenges facing the labor market and social equity in the Asia-Pacific region. Despite the gradual recovery of global economic growth, it remains slow, and the Vietnam labor market reflects this sluggish pace. Long-term employment growth has maintained an average rate, with the unemployment rate remaining almost unchanged….
05
Aug
Aug
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…
05
Aug
Aug
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…
02
Aug
Aug
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…
02
Aug
Aug
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…
