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On June 22, 2023, the Ministry of Industry and Trade of Vietnam issued Decision No. 1511/QD-BCT on extending the time limit for the first review of the application of anti-dumping measures on long fiber products made from polyester from India, Indonesia, Malaysia and China. Vietnam started to conduct an investigation into dumping of polyester long…
22
Jun
Jun
29 June 2023, 09:00 to 10:00 AM (Vietnam Time GMT + 7) Vietnam Personal Data Protection shall become effective from July 01, 2023. It is assumed that this shall significantly affect the way of collecting, transferring data oversea, storing, and handling personal data in Vietnam. In this webinar, our lawyers will provide an update on…
23
Jun
Jun
On June 19, 2023, the Ministry of Industry and Trade of Vietnam issued Decision No. 1466/QD-BCT regarding the second review of the application of anti-dumping measures on sweetener products (monosodium glutamate) from China and Indonesia. On July 22, 2020, the Ministry of Industry and Trade of Vietnam issued Decision No. 1933/QD-BCT, officially applying anti-dumping duties…
21
Jun
Jun
In recent months, the Vietnamese National Assembly, Government, and relevant ministries and agencies have held multiple discussions regarding the decision to issue a decree reducing VAT by 2%, bringing it down to 8% like Decree No. 15/2022/NĐ-CP issued by the Government earlier in 2022, reducing VAT until the end of 2022. The Vietnamese National Assembly…
21
Jun
Jun
On May 31, 2023, the Ministry of Finance issued Circular No. 33/2023/TT-BTC stipulating the determination of the origin of exported and imported goods. Circular 33 stipulates dossiers, pre-determination of origin; declaring and submitting documents certifying the origin of exported and imported goods; procedures and contents for inspection, determination, and verification of the origin of exported…
22
Jun
Jun
Circular No. 30/2023/TT-BTC guides the registration, depository, exercise of rights, transfer of ownership, payment for transactions, and organization of a trading market for corporate bonds offered for private sale in the domestic market issued by the Ministry of Finance on May 17, 2023. Accordingly, bond issuers must register with the Vietnam Securities Depository and Clearing…
20
Jun
Jun
On June 8, 2023, the United States International Trade Commission (USITC) issued a notice of a midterm review of safeguard measures on solar energy panels products, including components, equipment, and photovoltaic cell components, whether partially or fully integrated into other products. In February 2018, the United States imposed safeguard duties on imported solar energy panels,…
21
Jun
Jun
ASL LAW has officially become the sponsor partner for the Asia Pacific Mergers & Acquisitions Conference in Japan along with sponsoring law firms Nishimura & Asahi, Anderson Mori & Tomotsune, TMI Associates, etc. The Asia Pacific Mergers & Acquisitions Conference was held at Peninsula Tokyo, Tokyo, Japan on July 10-11, 2023 by the IBA’s M&A…
23
Jun
Jun
Voluntary social insurance, compared to compulsory social insurance, is somewhat less attractive in terms of attracting participants. The fundamental reason identified in society is that individuals participating in voluntary social insurance have to pay higher insurance contributions than those participating in compulsory social insurance. However, is it really that simple when delving deeper into the…
24
Jun
Jun
The provision for risk reserves in the banking sector is a requirement based on International Financial Reporting Standards (IFRS) and specific regulations of financial regulatory authorities. When a bank provides loans and those loans become loans from group 2 onwards, the bank is required to set aside a corresponding portion as a provision for risk….
