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On July 17, 2023, the Trade Remedies Administration of Vietnam’s Ministry of Industry and Trade issued Notice No. 68/TB-PVTM regarding the issuance of the Questionnaire on quantity and value for foreign manufacturers/exporters in the AD17 case – the anti-dumping investigation of prestressed steel strand from Malaysia, Thailand, and China. On July 5, 2023, Vietnam issued…
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The strategic use of intellectual property (IP) can play a crucial role in sustaining business growth. By leveraging IP rights effectively, a company can gain a competitive advantage, protect its innovations, and create new revenue streams. Here are some significant strategies to strategically use intellectual property for business growth. Protecting Innovations with Patents: If your…
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Intellectual property (IP) refers to creations of the mind, such as inventions, literary and artistic works, designs, symbols, names, and images used in commerce. IP is protected through patents, copyrights, trademarks, and trade secrets, providing creators with exclusive rights over their creations for a limited period. Technology transfer, on the other hand, is the process…
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On July 3, 2023, the Ministry of Economy and Finance of South Korea sent a letter to the Vietnamese Ambassador in South Korea regarding South Korea’s initiation of an end-of-term review of anti-dumping duties on plywood from Vietnam. In accordance with Article 12.1 of the Agreement Implementing Article 6 of the General Agreement on Tariffs…
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On June 20, 2023, the National Assembly passed the Law on the Protection of Consumer Rights. This is an important law project with an impact on many industries and fields. This Law is built on the principle of inheriting, promoting, and improving regulations that are still relevant to reality in the Law on Protection of…
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According to the second sunset review decision on the countervailing duty investigation on imported steel coat hangers issued on July 3, 2023, the U.S. Department of Commerce (DOC) announced that it would continue to apply countervailing duties on steel coat hangers imported from Vietnam at a rate of 31.58%. Based on the conclusion of the…
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Recently, the U.S. Department of Commerce (DOC) issued a decision to partially revoke the anti-dumping and countervailing duty orders on imported solar energy panels from China related to the solar panel anti-dumping duty order in effect since 2012. According to the DOC’s decision (resulting from a review of changed circumstances initiated by solar energy panel…
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During an interview, Trinh Anh Tuan, the Director General of the Administration of Trade Remedies of Vietnam’s Ministry of Industry and Trade, shared some statistics on Vietnam’s trade remedy situation in the first half of 2023 and issued warnings to industry sectors at risk of trade remedy investigations by the end of 2023. By the…
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On June 30, 2023, the Government issued Decree No. 44/2023/NĐ-CP, which regulates the policy of reducing value-added tax (VAT) in accordance with Resolution No. 101/2023/QH15 dated June 24, 2023, of the National Assembly. Accordingly, from July 1, 2023, until the end of the year, the VAT for certain groups of goods and services will be…
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On June 29, 2023, the Vietnamese Government officially issued Decree No. 42/2023/NĐ-CP on pension adjustment policies after a period of discussion, feedback, and revision. Accordingly, starting from July 2023, Vietnamese citizens who have participated in social insurance and receive pensions within the scope regulated by Decree No. 42 will see an increase in their pensions….
