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On July 29, 2024, the U.S. Department of Commerce (DOC) announced the initiation of the second administrative review of anti-dumping duties on honey from Vietnam. The review period covers June 1, 2023, to May 31, 2024. On May 14, 2021, the DOC initiated an anti-dumping investigation on Vietnamese honey. The preliminary findings concluded with anti-dumping…
19
Aug
Aug
Foreign Direct Investment (FDI) continues to be a crucial driver of Vietnam’s economic growth. As of 2024, several countries have significantly increased their investments in Vietnam, contributing to the country’s vibrant economic landscape. In this article, ASL LAW will highlight the top 5 countries with the most substantial FDI investments in Vietnam this year. 1….
20
Aug
Aug
Vietnam’s business sector continues to show resilience and growth in 2024, despite some month-to-month fluctuations. This article provides an overview of the latest trends in business establishment, reactivation, and closure in Vietnam, with a focus on July 2024 and the first seven months of the year. In July 2024, Vietnam saw the establishment of 14,700…
21
Aug
Aug
As of June 20, 2024, Vietnam has witnessed significant growth in foreign investment, with total newly registered capital, adjustments, and capital contributions by foreign investors reaching over $18 billion. This marks an impressive increase of 10.9% compared to the same period in 2023. Foreign investors have shown strong interest in new projects, with 1,816 projects…
19
Aug
Aug
With the increasing demand for M&A transactions in Vietnam to meet companies’ goals of expanding into new areas or restructuring, there is a corresponding rise in the need for professional legal due diligence in Vietnam (LDD) for target projects and companies. The nature of M&A transactions has become more flexible and complex, especially as Vietnam…
24
Aug
Aug
Vietnam, with its rapidly developing economy and potential-filled real estate market, has become an attractive destination for foreign investors. However, under current regulations, foreign investors do not have full ownership rights over real estate assets like Vietnamese citizens do, leading to a bottleneck in foreign investment flows into the Vietnamese market. Complex legal regulations, ownership…
02
Aug
Aug
On July 30, 2024, the Trade Remedies Authority received information that the European Commission (EC) has received a complete and valid application requesting an investigation into the application of anti-dumping measures on non-alloy or alloy hot rolled steel products imported from Vietnam. In the event of initiating an investigation, the EC will send relevant parties…
24
Aug
Aug
On June 29, the National Assembly of Vietnam passed the Law Amending and Supplementing a Number of Articles of the Land Law 31/2024/QH15, Housing Law 27/2023/QH15, Law 29/2023/QH15 on Real Estate Business, and Law 32/2024/QH15 on Credit Institutions (the Law). This comprehensive legislation aims to streamline and update existing regulations, with significant implications for various…
25
Aug
Aug
The Ministry of Planning and Investment (MPI) has recently unveiled a proposal for a new law focused on industrial parks, aiming to foster the development of large ecological industrial parks (EIPs) and attract high-quality investments. This initiative is part of Vietnam’s broader goals of industrialization, modernization, green infrastructure, digitization, and embracing a circular economy. Key…
29
Jul
Jul
On July 26, 2024, the Ministry of Industry and Trade of Vietnam issued Decision No. 1985/QĐ-BCT regarding the investigation of anti-dumping measures on certain hot-rolled steel products from India and China. On March 19, 2024, the Trade Remedies Authority received a request to investigate the application of anti-dumping measures on hot-rolled steel products originating from…
