The D/P (Documents against Payment) payment method is one of the common payment methods in Vietnam and internationally, enabling parties involved in international trade to conduct transactions with transparency and accuracy, ensuring the interests of each party. However, due to its relatively recent introduction, there are some operational and personnel management gaps in implementing the…
On September 19, during his visit to the United States to participate in the high-level general discussion session of the 78th United Nations General Assembly, Prime Minister Pham Minh Chinh met with US Secretary of Commerce Gina Raimondo in Washington, D.C. During the meeting, Prime Minister Pham Minh Chinh expressed his deep appreciation for President…
On November 13, 2023, the Investigating Agency, the Trade Remedies Authority of the Ministry of Industry and Trade of Vietnam, issued Notice No. 178/TB-PVTM regarding the extension of the deadline for responding to questionnaires in the anti-dumping investigation of wind tower products from China (case code: AD18) for foreign manufacturers/exporters. On October 10, 2023, the…
The compensation and reduction system of pension benefits is a crucial concept in the social insurance system in Vietnam, aiming to maintain the balance of the system and contribute to the social welfare of laborers. It is designed to ensure a stable life based on pensions after a lifetime of labor and dedication to society….
On November 1, 2023, the Ministry of Industry and Trade of Vietnam issued Decision No. 2866/QD-BCT regarding the first review results of the anti-dumping measures imposed on certain long polyester fiber products from India, Indonesia, Malaysia, and China (case code AR01.AD10). Vietnam initiated an anti-dumping investigation on long polyester fiber products in the Vietnamese market…
Several Vietnamese companies engaged in the production and export of electric bicycles are currently under preliminary investigation for potential formal investigation regarding the evasion of the European Union’s (EU) trade remedy measures, similar to the measures applied to electric bicycles from China. Since July 19, 2018, Giant Electric Vehicle (Kunshan), a Chinese company, has been…
The recently enacted Petroleum Law in Vietnam has led to the implementation of Decree 45/2023/ND-CP, effective from July 1. This decree provides guidance on various aspects of the Petroleum Law, aiming to streamline and enhance oil and gas exploration and exploitation activities within the industry, ultimately promoting its rapid and sustainable development. Decree No. 45…
On November 7, 2023, the Ministry of Industry and Trade of Vietnam issued Announcement No. 157/TB-PVTM regarding the extension of the deadline for responding to the questionnaire on wind tower products from China. On September 25, 2023, the Ministry of Industry and Trade issued Decision No. 2494/QD-BCT regarding the investigation and application of anti-dumping measures…
On October 23, 2023, the Ministry of Industry and Trade of Vietnam issued Decision No. 2751/QD-BCT regarding the end-of-period review investigation on the application of trade remedies against certain flat-rolled stainless and non-stainless steel products originating from South Korea and China. In accordance with Article 1 of Article 57 of Decree No. 10/2018/ND-CP, within 15…
On October 23, 2023, the Ministry of Industry and Trade issued Decision No. 2752/QD-BCT regarding the end-of-period review investigation on the application of anti-dumping measures against certain cold rolled stainless steel products originating from Taiwan, Indonesia, Malaysia, and China. According to the provisions in Clause 1 Article 57 of Decree No. 10/2018/ND-CP, within 15 days…