On February 14, 2024, the United States Department of Commerce initiated anti-dumping and countervailing duty investigations on certain paper disc products imported from China, Thailand, and Vietnam. The investigated products include discs made by pressing or cutting from paper/board (hereinafter referred to as paper discs), excluding: (i) discs molded or pressed directly from paper pulp;…
Recently, the General Directorate of Imports of the Turkish Ministry of Trade (DGI) issued a notice extending the application of safeguard duties on toothbrush products imported into Turkey. Vietnam is one of the countries with significant imports of the taxed products into Turkey. On February 2, 2021, the DGI issued a Notice of Application of…
During the process of engaging in franchise transactions in Vietnam, both the franchisor and the franchisee have specific rights and obligations defined by law and the franchise agreement. Below is an overview of the rights and obligations of each party: Rights of Parties Involved in Franchise Activities Based on the provisions of Article 286 of…
Franchising is a common business method in free-market economies, particularly in countries such as the United States, Australia, and the European Union. In Vietnam, franchise activities from abroad officially began in 2007 and have since experienced significant development. Franchising is a process where one party (the franchisor) permits and requires another party (the franchisee) to…
In the business environment, the occurrence of contract disputes is inevitable. To resolve these conflicts effectively and fairly, Vietnam’s legal system has established diverse and flexible methods for resolving contract disputes. Below are some common methods applied in Vietnam: Negotiation between the parties The parties involved in the contract discuss to resolve disputes. This option…
In recent times, the number of contract disputes has been gradually increasing in Vietnam. Corresponding to this trend is the search for methods to resolve contract disputes becoming a predominant need. Not only limited to advising on resolution methods, some parties also request lawyers to draft complaint petitions and prepare lawsuit documents. The following article…
In Vietnam, the process of establishing economic organizations by foreign investors is governed by specific regulations outlined in Decree No. 31/2021/NĐ-CP. These regulations provide a structured framework for foreign investors looking to initiate business ventures within the country. Understanding these procedures is essential for ensuring compliance and facilitating smooth operations. 1. Overview of Establishment Procedures:…
Working hours are not only an important aspect of daily life but also a determinant of the quality of life and the socio-economic development of individuals and society as a whole. Built on the principles of fairness and sustainable development, the Vietnamese Labor Law of 2019 has set forth several significant points regarding working hours,…
Based on the principles of fairness and sustainable development, the application and compliance with regulations regarding salaries are fundamental aspects that cannot be overlooked in Vietnam’s labor law system in 2024. In a society undergoing development and active integration into the global economy, protecting the rights and ensuring the living standards of employees through salary…
One of the primary reasons for restricting foreign exchange transactions is to protect and maintain stability for the domestic economy. Controlling exchange rates can help prevent significant and sudden fluctuations in currency values, keeping the economy more stable and minimizing inherent risks. Article 3 of Circular 32/2013/TT-NHNN stipulates, “Within the territory of Vietnam, except for…