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Vietnam has updated its regulations on foreign investment through capital contribution, share purchase, or capital contribution purchase, making it essential for foreign investors to stay informed. Below, we outline the latest conditions and procedures that foreign investors must adhere to, based on the Investment Law 2020 and Decree 31/2021/ND-CP. Conditions for Foreign Investment through Capital…
09
Jul
Jul
On September 18, 2023, the Vietnamese Government enacted Decree No. 70/2023/ND-CP, which amends and augments specific provisions outlined in Decree No. 152/2020/ND-CP. This decree addresses the recruitment of foreign workers in Vietnam, as well as the hiring and oversight of Vietnamese employees working for foreign individuals and entities in the country. A work permit is…
24
Jun
Jun
According to the latest draft of the Social Insurance Law, the Government has withdrawn the proposal allowing employees to cover the debts of employers who fail to pay social insurance for them to receive pensions. Instead, the Government proposes having the authority to decide on the beneficiaries, conditions, levels of pension, and survivorship benefits, and…
21
Jun
Jun
On June 25, 2024, WongPartnership LLP and ASL LAW will hold a workshop: “Experience in Resolving Disputes through International Arbitration in Singapore and Enforcement of Arbitral Awards in Vietnam.” The Workshop “Experience in Resolving Disputes through International Arbitration in Singapore and Enforcement of Arbitral Awards in Vietnam,” organized by WongPartnership LLP (Big 4 Singapore Law…
24
Jun
Jun
On June 18, 2024, at the headquarters of the Vietnam Atomic Energy Institute (VINATOM), ASL LAW in collaboration with VINATOM organized the workshop “Inventions and Utility Solutions in Vietnam” in both in-person and online formats. The objective of this workshop was to raise awareness of intellectual property and promote the registration of inventions and utility…
21
Jun
Jun
Recently, the Ministry of Industry and Trade of Vietnam issued an official announcement regarding the acceptance of review applications for the application of trade remedy measures on sugar from Thailand. On June 15, 2021, the Ministry of Industry and Trade issued Decision No. 1578/QD-BCT on the imposition of anti-dumping and countervailing duties on certain sugar…
17
Jun
Jun
On June 14, 2024, the Ministry of Industry and Trade of Vietnam issued Decision No. 1535/QD-BCT to investigate the application of anti-dumping measures on coated steel products from China and South Korea. The coated steel products under investigation are classified under the following HS codes: 7210.41.11, 7210.41.12, 7210.41.19, 7210.49.11, 7210.49.14, 7210.49.15, 7210.49.16, 7210.49.17, 7210.49.18, 7210.49.19,…
17
Jun
Jun
On June 14, 2024, the Vietnam Trade Remedies Authority (TRA) issued a notice confirming that the dossier requesting an investigation into the application of anti-dumping measures on hot rolled steel (HRC) from India and China was complete and valid according to trade remedy laws. On March 19, 2024, the TRA received a dossier requesting an…
17
Jun
Jun
On June 6, 2024, the United States Department of Commerce (DOC) issued an official notice regarding the extension of the deadline for the final conclusion on the product scope review and anti-circumvention investigation concerning Vietnamese wooden cabinets. Since April 2020, the United States has imposed anti-dumping and countervailing duties on wooden cabinets originating from China,…
16
Jun
Jun
Recently, the United States Department of Commerce (DOC) announced the final conclusion regarding the anti-dumping investigation of paper bags imported from Cambodia, China, Colombia, India, Malaysia, Portugal, Taiwan, Turkey, and Vietnam (with China and India also investigated for subsidies). On June 21, 2023, the DOC officially initiated an anti-dumping investigation on paper shopping bags imported…
