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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…
02
Apr
Apr
With the present amount of investment in Bitcoin and its significant presence on virtual currency exchanges, is it illegal to purchase, trade, or use it? Currently, in the current legal documents of Vietnamese law, there is no specific regulation on what Bitcoin is. In reality, Bitcoin is a type of virtual currency. Virtual currency refers…
02
Apr
Apr
Foreign exchange is a term used to refer to all payment methods used on the global market. More specifically, foreign exchange refers to an asset or property right that is convertible into a foreign currency and used by multiple countries as a payment method recognized and approved by the international community. Forex forms include: Foreign exchange market A…
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…
18
Mar
Mar
ASL Law and Johnson Winter Slattery jointly organized a workshop on managing risk related to international trade among Vietnam, the United States, Australia, the EU, and other countries in Ho Chi Minh City. The workshop aimed to facilitate professional networking and provide a platform for discussing the risks inherent in conducting international trade in these…
