Effective July 1, 2024, Vietnam’s new Value-Added Tax (VAT) Law introduces significant changes to the country’s tax framework, reflecting the evolving dynamics of the digital economy. Under this law, foreign suppliers without permanent establishments in Vietnam will now be liable for VAT on goods and services sold to the country via e-commerce channels or other…
The Trade Remedies Department has issued an investigation questionnaire for foreign producers/exporters related to the final review of anti-dumping measures imposed on certain cold-rolled steel products (cold-rolled) in coil or sheet form originating from China (Case code: ER01.AD08). On December 25, 2024, the Ministry of Industry and Trade signed Decision No. 3565/QD-BCT regarding the final…
On December 25, 2024, the Minister of Industry and Trade signed Decision No. 3565/QD-BCT and an accompanying notice regarding the final review of anti-dumping measures imposed on certain cold-rolled steel products in coil or sheet form originating from the People’s Republic of China (Case code: ER01.AD08). The investigating authority has issued an investigation questionnaire for…
On December 31, 2024, the Vietnamese government issued Decree No. 182/2024/ND-CP, providing groundbreaking support measures for semiconductor and artificial intelligence (AI) research and development (R&D) businesses. This decree, effective immediately, underscores Vietnam’s commitment to fostering innovation and technological advancement in high-tech sectors. Key Provisions of Decree 182 Support for Initial Investment Costs Businesses investing in…
On December 24, 2024, the Vietnamese government issued Decree No. 163/2024/ND-CP (hereinafter, Decree 163), providing comprehensive guidance for implementing the 2024 Telecommunications Law that took effect on July 1, 2024. Effective January 1, 2025, Decree 163 replaces Decree No. 25/2011/ND-CP and its amendments, modernizing Vietnam’s telecommunications regulatory framework. This new decree brings significant updates, especially…
The Indonesian government has enacted significant changes to its patent framework with the passage of Law No. 65 of 2024, marking the third amendment to the Patent Law since its inception under Law No. 13 of 2016. This amendment, effective October 28, 2024, continues Indonesia’s efforts to align its intellectual property (IP) system with evolving…
Recently, the Directorate General of Trade Remedies (DGTR) of India announced the initiation of a safeguard investigation on imports of non-alloy and alloy steel flat products into India. The investigation was initiated based on a petition filed by the Indian Steel Association, representing several major steel producers in India, such as Arcelor Mittal Nippon Steel,…
On December 27, 2024, the Directorate General of Trade Remedies (DGTR) of India issued a notification initiating a countervailing duty (CVD) investigation on calcium carbonate filler masterbatch originating in or imported from Vietnam. The investigation was initiated based on a petition filed by the Indian domestic industry, represented by the Indian Compound & Masterbatch Manufacturers…
On December 26, 2024, the Directorate General of Trade Remedies (DGTR) of India initiated an anti-dumping investigation on nylon filament yarn originating in or imported from China and Vietnam. The product under investigation is nylon filament yarn, classified under HS Codes: 54021910; 54021990; 54023100; 54023200; 54024500; 54025100; 54026100, and 54021920. The petitioners in this case…
The Intellectual Property Office of Vietnam (IPVN) has issued Notice No. 4031/TB-SHTT dated December 26, 2024, regarding the unified application of the International Patent Classification (IPC) version 2025.01. This version, adopted under the Strasbourg Agreement on the International Patent Classification, will be officially implemented in Vietnam starting January 1, 2025. Key Updates and Implementation Details…