As of June 20, 2024, Vietnam has witnessed significant growth in foreign investment, with total newly registered capital, adjustments, and capital contributions by foreign investors reaching over $18 billion. This marks an impressive increase of 10.9% compared to the same period in 2023. Foreign investors have shown strong interest in new projects, with 1,816 projects…
With the increasing demand for M&A transactions in Vietnam to meet companies’ goals of expanding into new areas or restructuring, there is a corresponding rise in the need for professional legal due diligence in Vietnam (LDD) for target projects and companies. The nature of M&A transactions has become more flexible and complex, especially as Vietnam…
Vietnam, with its rapidly developing economy and potential-filled real estate market, has become an attractive destination for foreign investors. However, under current regulations, foreign investors do not have full ownership rights over real estate assets like Vietnamese citizens do, leading to a bottleneck in foreign investment flows into the Vietnamese market. Complex legal regulations, ownership…
On July 30, 2024, the Trade Remedies Authority received information that the European Commission (EC) has received a complete and valid application requesting an investigation into the application of anti-dumping measures on non-alloy or alloy hot rolled steel products imported from Vietnam. In the event of initiating an investigation, the EC will send relevant parties…
On June 29, the National Assembly of Vietnam passed the Law Amending and Supplementing a Number of Articles of the Land Law 31/2024/QH15, Housing Law 27/2023/QH15, Law 29/2023/QH15 on Real Estate Business, and Law 32/2024/QH15 on Credit Institutions (the Law). This comprehensive legislation aims to streamline and update existing regulations, with significant implications for various…
The Ministry of Planning and Investment (MPI) has recently unveiled a proposal for a new law focused on industrial parks, aiming to foster the development of large ecological industrial parks (EIPs) and attract high-quality investments. This initiative is part of Vietnam’s broader goals of industrialization, modernization, green infrastructure, digitization, and embracing a circular economy. Key…
On July 26, 2024, the Ministry of Industry and Trade of Vietnam issued Decision No. 1985/QĐ-BCT regarding the investigation of anti-dumping measures on certain hot-rolled steel products from India and China. On March 19, 2024, the Trade Remedies Authority received a request to investigate the application of anti-dumping measures on hot-rolled steel products originating from…
On July 23, 2024, the Ministry of Industry and Trade issued Decision No. 1945/QD-BCT on the end-of-term review investigation of anti-dumping measures applied to certain plastic products made from propylene polymers originating from Malaysia, Thailand, and China (Case No.: ER01.AD07). The plastic products made from propylene polymers under investigation are classified under HS codes 3920.20.10…
On July 23, 2024, the Ministry of Industry and Trade issued Decision No. 1947/QD-BCT regarding the end-of-term review of anti-dumping measures applied to certain MSG (monosodium glutamate) products from Indonesia and China classified under HS code 2922.42.20 (Case No.: ER01.AD09). On July 22, 2020, the Ministry of Industry and Trade of Vietnam issued Decision No….
On July 22, 2024, the Indonesian Safeguard Committee (KPPI) issued a notification initiating an investigation to extend the application of safeguard measures on EPS plastic granules, under HS code 3903.11.10. The Investigating Authority initiated the investigation to extend the safeguard measures after evaluating the documents submitted by the Petitioner, who was determined to be eligible…