Vietnam applies official anti-dumping measures on tables and chairs from China

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On February 13, 2023, the Ministry of Industry and Trade of Vietnam issued Decision No. 235/QD-BCT on the application of official anti-dumping measures to table and chair products from China and Malaysia. On September 30, 2022, the Ministry of Industry and Trade of Vietnam issued Decision No. 1991/QD-BCT on the application of temporary anti-dumping measures…

Vietnam: amending regulations for using temporarily idle state funds to repurchase government bonds with a term

Vietnam: amending regulations for using temporarily idle state funds to repurchase government bonds with a term

A number of articles of Circular No. 107/2020/TT-BTC, which govern the transaction of repurchasing with a term of government bonds from temporarily idle state funds of the State Treasury, have been amended and supplemented by Circular No. 12/2023/TT-BTC, which was recently published by the Ministry of Finance (State Treasury). As a result, in order for…

Can Vietnamese employees carry over their annual leave to the following year?

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According to the provisions of the Labor Code 2019 No. 45/2019/QH14 (“Labor Code 2019”), Vietnamese employees with remaining annual leave days will no longer be paid by the enterprise for the excess leave days. Accordingly, a part of Vietnamese employees wonders if they can transfer their annual leave to the following year. Currently, the law…

Settlement of regimes for Vietnamese employees who are agreed by the company not to use annual leave

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At some exporting and manufacturing companies in Vietnam, the employer might make an agreement with the employee not to use up their annual leave. Instead, that number of annual leave days will be used on days when the company has collective events such as team building, year-end meetings, etc., which are collective holidays for all…

Is the employer allowed to extend the probationary period according to Vietnamese law?

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If the probationary period has ended but the enterprise has not yet been able to make a decision on whether to accept or refuse to accept employees into the company, can they extend the probationary period for further consideration? The probationary period normally lasts about 2 months. Although it is quite a long time, for…

Vietnam: Tax obligations of sellers on Vietnamese e-commerce platforms

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E-commerce platforms such as Shopee, Lazada, Sendo, Tiki, etc. have long been popular in Vietnam, becoming an e-commerce platform connecting sellers and buyers. However, individuals and organizations earning high profits on these platforms have not paid taxes in full according to regulations, which is suspected to constitute acts of tax evasion. In the following article,…

Effects of new policies on foreign-invested groups in Vietnam

Effects of new policies on foreign-invested groups in Vietnam

(Published on Vietnam Investment Review) Foreign-invested enterprises in Vietnam are making a comeback and on the way to recovery after the extremely difficult last few years. In order to support foreign-invested enterprises (FIEs) in Vietnam, the government has issued new policies that have recently taken effect to attract capital and help FIEs continue to recover…

Vietnam extends the deadline for reviewing new exporters in the case of applying anti-dumping measures on BOPP film products from Malaysia, Thailand and China

Vietnam extends the deadline for reviewing new exporters in the case of applying anti-dumping measures on BOPP film products from Malaysia Thailand and China, reviewing new exporters in the case of applying anti-dumping measures on BOPP film products from Malaysia Thailand and China, applying anti-dumping measures on BOPP film products from Malaysia Thailand and China, BOPP film products from Malaysia Thailand and China,

On February 9, 2023, the Ministry of Industry and Trade of Vietnam issued Decision No. 197/QD-BCT on extending the time limit for reviewing new exporters in the case of the application of anti-dumping measures on some plastic products and plastic products made from polymers from propylene from Malaysia, Thailand and China. On July 20, 2020,…

Vietnam: Effects of early 2023 policies on FDI enterprises

Vietnam: Effects of early 2023 policies on FDI enterprises

The year 2022 marks the time when Vietnam’s economy recovers from the Covid-19 pandemic, and bright spots are preferential policies and support for businesses, including foreign direct invested (“FDI”) enterprises on taxes, fees, and other supporting policies. From that, FDI enterprises have made a comeback and are on the way to recovery after the extremely…

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