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On June 5, 2024, the Ministry of Industry and Trade of Vietnam issued Decision No. 1359/QD-BCT, extending the final review period for the application of antidumping measures on certain aluminum products originating from China by three months. The new deadline for the investigation is October 3, 2024. On September 28, 2019, the Ministry issued Decision…
09
Jun
Jun
On June 5, 2024, the Ministry of Industry and Trade of Vietnam issued Decision No. 1360/QD-BCT, extending the investigation period for the application of antidumping measures on prestressed steel cable products from Malaysia, Thailand, and China (Case No. AD17) by six months. The investigation will now conclude on January 5, 2025. On July 5, 2023,…
07
Jun
Jun
In recognition of Vietnam’s emergence as a significant player in the global legal market, Asia Business Law Journal presents the Vietnam Law Firm Awards 2024. This prestigious award celebrates the outstanding achievements of legal professionals and firms over the past year, highlighting contributions to various practice areas within Vietnam’s dynamic legal landscape. Founded by lawyer…
19
Jun
Jun
Vietnam has made a significant regulatory advancement by defining electronic money (e-money) for the first time under Decree 52, which will take effect on July 1, 2024. This decree provides a comprehensive framework for e-money, differentiating it clearly from virtual currencies, which are excluded from its scope as they remain unregulated by the country’s financial…
20
Jun
Jun
Material liability is a distinctive concept in the field of labor. Unlike types of damages in commercial and civil fields, which dictate that compensation includes both material and moral aspects, as well as potential benefits, material liability only arises when an employee causes direct damage to the employer’s property. This does not cover indirect damage…
21
Jun
Jun
According to Decision 194/QĐ-TTg dated February 23, 2024, issued by the Government, which outlines the national action plan to implement Vietnam’s commitments on combating money laundering, terrorism financing, and financing the proliferation of weapons of mass destruction, the Government has assigned the Ministry of Finance to research and develop a legal framework to either ban…
06
Jun
Jun
According to the Trade Commission Notice No. 2024-8 dated May 30, 2024, the Korea Trade Commission (Korean Investigative Authority) has initiated an anti-dumping investigation on cold-rolled stainless steel originating from or imported from Vietnam based on a request from the petitioner, POSCO Co., Ltd. The investigated goods are cold-rolled stainless steel classified under HS codes…
22
Jun
Jun
The incidence of occupational accidents in the informal labor sector is very high, with over 1,400 fatalities annually. In response to this situation, the Ministry of Labor, Invalids, and Social Affairs (MOLISA) has proposed issuing a Decree on voluntary occupational accident insurance for freelancers to improve social welfare. The target participants are workers aged 15…
24
Aug
Aug
Recently, authorities in Vietnam have uncovered and dealt with numerous cases of buying and selling documents for social insurance benefits, such as hospital discharge papers, aimed at exploiting the system. Despite these efforts, this malpractice continues to persist. A simple search on Facebook for terms like “hospital admission papers,” “hospital discharge papers,” and “medical certificates”…
04
Jun
Jun
Investing abroad is a crucial strategic step that helps Vietnamese enterprises expand their markets, enhance competitiveness, and seek new development opportunities. However, this process requires careful preparation and a thorough understanding of international markets. Here are some factors to consider when investing abroad: Forms of Oversea Investment Investors can carry out overseas investment activities in…
