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Foreign organizations and individuals can now own up to 30 percent of the total apartments in a condominium, according to Decree 95/ND-CP, which took effect on August 1. This regulation marks a significant shift in Vietnam’s real estate market, offering more opportunities for foreign investment. Key Provisions of Decree 95/ND-CP Increased Ownership Cap for Condominiums…
16
Aug
Aug
The International Labor Organization (ILO) has identified significant challenges facing the labor market and social equity in the Asia-Pacific region. Despite the gradual recovery of global economic growth, it remains slow, and the Vietnam labor market reflects this sluggish pace. Long-term employment growth has maintained an average rate, with the unemployment rate remaining almost unchanged….
05
Aug
Aug
Recently, the Trade Remedies Authority of the Ministry of Industry and Trade of Vietnam issued a questionnaire for foreign producers/exporters in the end-of-term review of the antidumping measures on MSG products from Indonesia and China. On July 22, 2020, the Ministry of Industry and Trade of Vietnam issued Decision No. 1933/QĐ-BCT on the official imposition…
05
Aug
Aug
Recently, the Trade Remedies Authority of the Ministry of Industry and Trade of Vietnam issued a questionnaire for foreign producers/exporters in the end-of-term review of plastic products made from polypropylene polymers from Malaysia, Thailand, and China. On July 20, 2020, the Ministry of Industry and Trade issued Decision No. 1900/QĐ-BCT on the official imposition of…
02
Aug
Aug
With the deadline for submitting responses to the anti-dumping investigation questionnaire on coated steel products originating from China and South Korea set for August 5, 2024, many businesses have indicated that this timeline is insufficient for them to prepare the necessary information. Taking this reasonable concern into account, the Trade Remedies Administration under the Ministry…
02
Aug
Aug
With the initial deadline for submitting responses to the anti-dumping investigation questionnaire on coated steel products originating from China and South Korea set for August 7, 2024, many foreign producers/exporters have expressed that this timeline is insufficient for them to prepare thorough and detailed information. Acknowledging this reasonable concern, the Trade Remedies Authority under the…
02
Aug
Aug
On July 29, 2024, the U.S. Department of Commerce (DOC) announced the initiation of the second administrative review of anti-dumping duties on honey from Vietnam. The review period covers June 1, 2023, to May 31, 2024. On May 14, 2021, the DOC initiated an anti-dumping investigation on Vietnamese honey. The preliminary findings concluded with anti-dumping…
19
Aug
Aug
Foreign Direct Investment (FDI) continues to be a crucial driver of Vietnam’s economic growth. As of 2024, several countries have significantly increased their investments in Vietnam, contributing to the country’s vibrant economic landscape. In this article, ASL LAW will highlight the top 5 countries with the most substantial FDI investments in Vietnam this year. 1….
20
Aug
Aug
Vietnam’s business sector continues to show resilience and growth in 2024, despite some month-to-month fluctuations. This article provides an overview of the latest trends in business establishment, reactivation, and closure in Vietnam, with a focus on July 2024 and the first seven months of the year. In July 2024, Vietnam saw the establishment of 14,700…
21
Aug
Aug
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…
