Tiếng Việt
中文 (中国)
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In March 2024, Formosa and Hoa Phat submitted applications to initiate an anti-dumping investigation against hot-rolled coil steel imported from China, citing that Chinese enterprises’ dumping of steel products in the Vietnamese market threatens the domestic manufacturing industry. However, while Chinese companies have not responded, seven Vietnamese steel producers have voiced opposition, stating that there…
03
Apr
Apr
On March 22, 2024, the Canada Border Services Agency (CBSA) announced that it would conduct reviews of anti-dumping and countervailing duties on upholstered domestic seating products originating from Vietnam and China. The CBSA has initiated a normal value review to establish normal values, export prices, and the amount of subsidies applicable to upholstered domestic seatings…
06
Apr
Apr
The State Bank of Vietnam (SBV) has taken proactive steps to adapt to the rapidly changing domestic and international market conditions by revising a crucial circular governing foreign currency transactions. To enhance flexibility and initiative in managing monetary and exchange rate policies, the SBV’s move signifies a strategic response to the dynamic nature of the…
05
Sep
Sep
In recent years, the method of resolving disputes through commercial arbitration has been increasingly preferred by businesses in Vietnam due to several advantages such as agility, flexibility in procedural matters, high confidentiality, or the parties’ right to negotiate in dispute resolution. However, the challenge posed to this dispute resolution method is the enforceability of arbitral…
15
May
May
On March 22, 2024, China issued a decree on the development and regulation adjustments of cross-border data flows. This is a significant legal document guiding the regulation and establishment of information and personal data protection when processed or transferred across borders in China. In the global digital economy, cross-border data movement is crucial, driving innovation,…
17
May
May
The Vietnamese government has recently issued Decree No. 24/2024/ND-CP, providing detailed regulations and measures for the implementation of the Bidding Law concerning the selection of contractors. This decree, aimed at enhancing transparency and efficiency in bidding procedures, outlines specific provisions regarding preferential treatment for contractors participating in various procurement activities. Under Article 4 of the…
29
Mar
Mar
On March 19, 2024, two steel manufacturing enterprises in Vietnam, including Hoa Phat Group and Formosa Ha Tinh Steel Corporation, sent a request to initiate an anti-dumping investigation to the Trade Remedies Authority of Vietnam regarding HRC products imported from China into Vietnam. The reason for this request is the sudden increase in imported steel…
18
May
May
On March 26, 2024, the Prime Minister of Vietnam issued Official Letter No. 202/TTg-NN regarding the deployment of the implementation of Land Law No. 31/2024/QH15, urgently sending it to the Deputy Prime Minister, Ministers of various Ministries, Chairpersons of People’s Councils, People’s Committees of centrally-run provinces and cities. The Land Law of 2024 has undergone…
19
May
May
In response to the progress in artificial intelligence (AI), the European Union (EU) has initiated a groundbreaking measure with the introduction of the AI Act as the world’s comprehensive legislation governing AI usage. This pivotal regulation aims to promote innovation while ensuring the safe, transparent, and ethical deployment of AI technologies, marking a significant milestone…
20
May
May
In the dynamic landscape of global investment, Vietnam has emerged as an increasingly attractive destination for foreign investors seeking opportunities in Southeast Asia. With its robust economic growth, favorable business environment, and strategic location, the country offers a multitude of prospects across various sectors. Understanding the process of opening investment capital accounts is crucial for…
