In the context of globalization, Vietnamese investors are increasingly looking beyond domestic borders for investment opportunities. Understanding the legal framework for outward foreign investment is crucial for compliance and strategic planning. This article delves into the sources of capital included in outward foreign investment, the conditions under which investors can transfer capital abroad, and the…
On July 18, 2024, the Ministry of Industry and Trade of Vietnam issued Notice No. 93/TB-PVTM regarding the organization of a public consultation session for the anti-dumping investigation of prestressed steel cables from Malaysia, Thailand, and China. Based on Article 70 of the Law on Foreign Trade Management 2017 and Article 13 of Decree No….
On July 18, 2024, the Ministry of Industry and Trade of Vietnam issued Notice No. 92/TB-PVTM regarding the organization of a public consultation session for the anti-dumping investigation of wind turbine towers from China. Based on Article 70 of the Law on Foreign Trade Management 2017 and Article 13 of Decree No. 10/2018/NĐ-CP, the investigating…
On July 10, 2024, the U.S. Department of Commerce (DOC) issued the final conclusion of the scope review and anti-circumvention investigation of wooden cabinets imported from Vietnam. On April 21, 2020, the DOC imposed anti-dumping and countervailing duties on wooden cabinets imported from China into the U.S. market. The anti-dumping duties ranged from 4.37% to…
In July 2024, the Turkish Ministry of Commerce (DGI) issued a notice announcing a hearing on the anti-circumvention investigation of anti-dumping measures against imported solar panels from Croatia, Jordan, Thailand, Malaysia, and Vietnam. To ensure their rights and interests, Vietnamese businesses should proactively register to participate, thoroughly study DGI’s guidelines, prepare the necessary information and…
Abstract: The contemporary economy has witnessed a significant development of international trades, which might lead to the increase in disputes and the demand for resolving them. International Arbitration is a desirable method to resolve cross-border disputes in commerce. In practice, the parties engage in the international trade likely intend to to opt for dispute resolution…
The U.S. Department of the Treasury has officially declared that Vietnam “does not manipulate currency” in its recent report, marking a significant development in the economic relationship between the two nations. This announcement came in the June edition of the “Macroeconomic and Foreign Exchange Policies of Major U.S. Trading Partners” report, where the department commended…
On July 12, 2024, the U.S. Department of Commerce (DOC) issued a notice extending the deadline for the final conclusion of the product scope review and the preliminary conclusion of the anti-circumvention investigation concerning trade remedy measures on Vietnamese aluminum cable products. On December 23, 2019, the United States imposed anti-dumping and countervailing duties on…
On July 8, 2024, the Directorate General of Trade Remedies (DGTR) announced the initiation of a sunset review investigation of countervailing duties on Vietnamese copper wire, as well as products from other countries/territories, including Indonesia, Malaysia, and Thailand. The goods subject to the sunset review are copper wires with HS codes: 7407.1010, 7407.1020, 7408.1190, 7408.1920,…
In a move to provide financial relief amid ongoing economic challenges, the Vietnamese government has issued Decree No. 64/2024/ND-CP, granting extensions for various tax payments and land rent due in 2024. This decision aims to support businesses and individuals by improving cash flow management and easing financial burdens. Personal Income Tax and VAT for Small…
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