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At the end of the first quarter of 2024, JB Financial Group (JBFG) announced the signing of a strategic investment contract to invest in OKXE – a South Korean startup with a motorcycle trading platform in Vietnam. ASL LAW is honored to continue to advise JB Financial Group on this M&A deal. According to the…
26
Apr
Apr
On April 24, 2024, the Vietnam Trade Remedies Authority issued an official announcement regarding the acceptance of applications for the end-of-term review of the application of anti-dumping measures on plastic products and plastic products made from polymers of propylene from Malaysia, Thailand, and China. According to the provisions of Article 62(2) of Decree No. 10/2018/ND-CP,…
24
Apr
Apr
Recently, the Vietnam Trade Remedies Authority issued an official announcement regarding the acceptance of applications for the end-of-term review of the application of anti-dumping measures on MSG products from Indonesia and China. On July 22, 2020, the Vietnamese Ministry of Industry and Trade issued Decision No. 1933/QD-BCT on the official imposition of anti-dumping duties on…
04
May
May
The Ministry of Information and Communications (MIC) of Vietnam has taken a significant step towards providing clarity and facilitating the operations of foreign telecom service providers within the country. The release of a new Draft Decree aims to detail the implementation of key aspects of the amended Telecommunications Law of 2023 (the “2023 Telecom Law”)….
05
May
May
(Published on Vietnam Investment Review) With the advancement of sci-tech, numerous new transaction forms and asset types have emerged, especially the rise of virtual assets. However, Vietnam currently lacks a comprehensive legal framework to regulate state management mechanisms for virtual assets. Given this circumstance, the government mandated the Ministry of Finance to study and establish…
06
May
May
Recently, the Vietnamese government announced the approval of swapping public holiday on the April 30th – May 1st occasion to extend the holiday period to 5 days from April 27th to May 1st. This schedule applies to civil servants, but the Ministry encourages business owners to apply it to workers, ensuring full implementation of salary…
23
Apr
Apr
Taylor Swift, the global music sensation, isn’t just known for her chart-topping hits and electrifying performances. She’s also making waves in the world of intellectual property with her extensive trademark portfolio. By the start of 2024, Swift proudly owns almost 140 trademarks registered at the United States Patent and Trademark Office, showing her dedication to…
06
May
May
In a bid to streamline trade processes and foster greater economic cooperation, the Ministry of Industry and Trade recently issued Circular No. 04/2024/TT-BCT, amending and supplementing several Articles of Circular No. 20/2014/TT-BCT. These amendments specifically target the rules of origin within the Agreement establishing the ASEAN – Korea Free Trade Area (AKFTA), aiming to enhance…
19
Apr
Apr
The Canada Border Services Agency (CBSA) is currently conducting a normal value review as part of the anti-dumping and countervailing duty investigations for upholstered domestic seating originating from Vietnam and China. Presently, CBSA is conducting two normal value reviews at the request of two different Vietnamese importer groups in Canada, which include: The information regarding…
16
Apr
Apr
On April 3, 2024, the U.S. Department of Commerce (DOC) issued an official notice regarding the extension of the deadline for issuing the final determination on the scope of the product investigation and the anti-dumping and countervailing duty circumvention with respect to wooden cabinets imported from Vietnam. Since April 2020, the United States has imposed…
