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According to an early warning from the Vietnam Ministry of Industry and Trade, 17 products manufactured in Vietnam and exported to the United States are at risk of being investigated for trade remedy measures, origin fraud, and unlawful transshipment until the end of the second quarter of 2023. These products include: 1. Hardwood Plywood with…
10
Oct
Oct
On September 29, 2023, the U.S. Department of Commerce (DOC) issued its final determination in the first administrative review of countervailing duties on car tires from Vietnam. On September 6, 2022, the DOC initiated the review of countervailing duties based on a proposal from one Vietnamese exporting company (Bridgestone Tire Manufacturing Vietnam, LLC) covering the…
04
Oct
Oct
On September 29, 2023, the Trade Remedies Administration, Ministry of Industry and Trade of Vietnam, issued Notice No. 93/TB-PVTM regarding the acceptance of applications for exemption from applying trade remedies in September 2023. Based on point c, clause 1, Article 16 of Circular No. 37/2019/TT-BCT, the Trade Remedies Administration announces the acceptance of exemption applications…
29
Sep
Sep
On September 25, 2023, the Ministry of Industry and Trade of Vietnam issued Decision No. 2494/QD-BCT regarding the initiation of an investigation into the application of anti-dumping measures for wind tower products imported from China. The products under investigation are classified under HS codes: 7308.20.11 and 7308.20.19. In cases where these products are imported as…
27
Sep
Sep
On September 25, 2023, the Ministry of Industry and Trade of Vietnam issued an announcement regarding the extension of the deadline for the submission of questionnaire responses in the anti-dumping investigation on prestressed steel cable products from Malaysia, Thailand, and China. On July 5, 2023, the Ministry of Industry and Trade of Vietnam issued Decision…
01
Oct
Oct
In the case of Rang Dong Plastic Company (RDP) vs. Sojitz Corporation of Japan, the Singapore International Arbitration Centre (SIAC) issued a ruling that required the Vietnamese company to compensate Sojitz for approximately VND 157 billion and pay VND 21 billion in costs and interest. Despite the SIAC’s decision, Rang Dong Holding (RDP) repeatedly ignored…
27
Sep
Sep
According to information from the Ministry of Industry and Trade of Vietnam, as of now, 72 countries and territories have recognized Vietnam as a market economy. This recognition serves as evidence of Vietnam’s remarkable development on the international stage through the acknowledgment of its allied nations. One of the significant advantages of being recognized as…
28
Sep
Sep
On September 13, 2023, Mexico’s Foreign Trade Enforcement Agency (Unidad de Prácticas Comerciales Internacionales – UPCI), part of the Mexican Ministry of Economy, released preliminary determinations in the anti-dumping investigation concerning the import of cold-rolled steel from Vietnam. According to information in the preliminary determinations, the margin of dumping for cold-rolled steel products imported from…
27
Sep
Sep
According to Article 21 of the Investment Law 2020, forms of investment in Vietnam, including investment in establishing economic organizations; investing capital, buying shares, capital contributions; implementing investment projects; investment in the form of BCC contracts and other documents of investment and new types of economic organizations according to the Government’s regulations. Individuals can choose…
01
Oct
Oct
During his official visit to the United States, Prime Minister Pham Minh Chinh proposed to U.S. Treasury Secretary Janet Yellen to limit trade remedy measures on Vietnam’s major products, including textiles, footwear, wood products, and agricultural goods, based on the newly established comprehensive strategic partnership and the decades-long history of cooperation between the two nations….
