Vietnam Introduces Decree 20: Key Amendments to Regulations on Related Party Transactions

Vietnam introduces Decree 20 to amend transfer pricing regulations, effective March 27, 2025

On February 10, 2025, the Vietnamese government issued Decree No. 20/2025/ND-CP, introducing significant amendments to Decree 132/2020/ND-CP. The new decree, effective from March 27, 2025, aims to enhance transparency in tax compliance related to transfer pricing and will apply from the financial year 2024 onwards. Key Changes in Related Party Transactions 1. Revised Criteria for…

Vietnam Foreign Direct Investment Report 2024

A visual representation of foreign direct investment in Vietnam, showing financial growth, international trade, and investment trends.

This report presents the sectoral structure of investment in Vietnam, the top investing countries, and the geographical distribution of investments. Its objective is to provide potential investors, businesses, and economic experts with an overview of Vietnam’s investment environment and growth potential. 1. Overview of FDI in 2024 1.1. Total Registered and Disbursed FDI Capital 1.2. Vietnam’s Competitive…

Vietnam’s Legal Framework for Digital Assets: Recent Developments and Future Prospects

Vietnamese government introduces legal regulations on digital assets and cryptocurrencies, with fintech and blockchain integration.

The legal framework for virtual assets and digital assets is increasingly becoming a key focus in the legislative efforts of Vietnam’s ministries and government agencies. In a significant move, the Government recently issued Resolution No. 27/NQ-CP following the regular Government meeting in January 2025. Notably, this resolution mandates the Ministry of Finance to lead efforts…

Legal 500 GC Summit 2025: Key Legal Considerations for Vietnamese Businesses Investing in Thailand, Indonesia, Laos, Cambodia, and China – Expanding Beyond Borders

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As Vietnamese businesses look beyond national borders to expand their operations, Thailand, Indonesia, Laos, Cambodia, and China emerge as strategic destinations for investment. These markets offer significant growth opportunities but also present unique legal landscapes that investors must navigate carefully. Following the success at the GC Summit 2024 event where ASL LAW presented on the…

United States revises and supplements new trade remedy regulations for 2025

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At the end of 2024, the U.S. Department of Commerce (DOC) issued a notice amending, supplementing, and repealing certain existing trade remedy regulations. These changes include codifying current procedures and methods in practice while developing or modifying existing legal regulations. The new provisions will officially take effect on January 15, 2025. Below is the translation…

Why register patent protection in Vietnam?

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In the context of an increasingly knowledge-driven economy, intellectual property rights, particularly patent protection, play a crucial role in fostering innovation and safeguarding the legitimate interests of businesses and individuals. Filing patent in Vietnam not only strengthens a company’s competitive position but also offers numerous practical benefits. Below are key reasons why patent protection registration…

India receives anti-dumping investigation request on Elastomeric Filament Yarn from China and Vietnam

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On February 21, 2025, India’s Directorate General of Trade Remedies (DGTR) announced that it had received a valid and complete request for an anti-dumping investigation into elastomeric filament yarn originating in or exported from China and Vietnam. Elastomeric filament yarn, classified under HS codes 5402, 5403, and 5404, has been exported by Vietnamese enterprises to…

Warning of United States’s tariff risks on Vietnamese products

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In the first 11 months of 2024, Vietnam faced 27 new trade remedy investigations from other countries—nearly double the 15 cases recorded in all of 2023. This trend highlights the growing wave of global trade protectionism, fueled by geopolitical uncertainties and shifting policies of Vietnam’s trading partners. According to Vietnam’s Ministry of Industry and Trade,…

Vietnam imposes provisional anti-dumping duties on certain hot-rolled steel products from China and India

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On February 21, 2025, the Trade Remedies Authority of Vietnam (TRAV), under the Ministry of Industry and Trade, issued Decision No. 460/QĐ-BCT imposing provisional anti-dumping duties on certain hot-rolled steel products originating from India and China. On March 19, 2024, TRAV received a request from several Vietnamese steel manufacturers to investigate the application of anti-dumping…

Vietnam issues review questionnaire for foreign producers/exporters in the second anti-dumping review on polyester long fiber (Case Code: AR02.AD10)

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The Trade Remedies Authority of Vietnam (TRAV), under the Ministry of Industry and Trade, has recently issued a review questionnaire for foreign producers/exporters in the second review of the application of anti-dumping measures on polyester long fiber (Case Code: AR02.AD10). On September 28, 2019, Vietnam issued Decision No. 2302/QĐ-BCT, officially imposing anti-dumping duties on certain…

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