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On November 12, 2024, the Ministry of Industry and Trade of Vietnam issued Decision No. 3011/QD-BCT on the end-of-term review results of the anti-dumping measures applied to certain cold-rolled stainless steel products originating from Taiwan (China), Indonesia, Malaysia, and China (case ER02.AD01). On September 5, 2014, the Ministry of Industry and Trade of Vietnam issued…
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Nov
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On November 13, 2024, a talkshow on the theme “Identifying M&A Capital Flows” was organized by Vietnam Investment Review (VIR). This event served as a preliminary program in preparation for the 16th Annual Vietnam M&A Forum – 2024, which will take place on November 27, 2024, at the JW Marriott Saigon Hotel (Ho Chi Minh…
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Nov
The Vietnamese government has unveiled an ambitious national strategy for blockchain technology development, outlined in Prime Minister Decision 1236/QD-TTg dated October 22. This comprehensive plan aims to position Vietnam as a regional leader in blockchain innovation and application by 2030, marking a significant step toward digital transformation. Strategic Vision and Milestones 2025 Objectives 2030 Goals…
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Nov
Nov
The Ministry of Finance has issued Circular No. 68/2024/TT-BTC, which introduces significant amendments to securities transaction regulations, particularly affecting foreign institutional investors. The new circular, effective from November 2, 2024, modifies several existing regulations regarding securities trading, clearing, and payment procedures. Key Changes for Foreign Institutional Investors A notable amendment introduced through Clause 1, Article…
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Nov
Nov
In a significant development of labor rights in Vietnam, the Vietnam General Confederation of Labor (VGCL) has proposed a draft of a revised law on trade unions that would extend trade union membership rights to foreign employees. This progressive amendment aims to replace the 2012 Law on Trade Unions and marks a substantial step towards…
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Nov
Nov
According to Decree 147/2024/ND-CP on the Management, Provision, and Use of Internet and Online Information recently issued by the Vietnamese Governement replacing Decree 72/2013 and Decree 27/2018, only accounts verified by phone number or personal identification number are permitted to post, comment, or livestream, effective from December 25. Accordingly, service providers are required to verify…
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Nov
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On November 7, 2024, the Indonesian Safeguards Committee (KPPI) initiated an investigation to extend global safeguard duties on certain garment products. It has been reported that the investigation covers products under 131 HS codes. On October 22, 2021, the Indonesian Ministry of Finance issued a decision imposing global safeguard duties on garment products. The duty…
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On October 31, 2024, the Department of Trade and Industry of the Philippines (DTI) announced the initiation of a safeguard investigation regarding imported cement products entering the Philippines. The products under investigation are cement with HS codes: 2523.2990 and 2523.9000. The investigation period for assessing import volume increase and damage covers 2019 to 2024. The…
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Nov
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On November 1, 2024, Malaysia’s Ministry of International Trade and Industry (MITI) announced the initiation of an administrative review of the anti-dumping duties applied to cold-rolled stainless steel products originating from Vietnam and Indonesia. This administrative review was self-initiated by MITI following a request from Bahru Stainless Sdn. Bhd., the sole producer of the taxed…
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Nov
Vietnam’s Investment Law 2020 provides comprehensive guidelines regarding the adjustment of Overseas Investment Registration Certificates, particularly concerning changes in investment capital sources. This regulatory framework ensures proper oversight of overseas investments while maintaining transparent procedures for investors. Mandatory Adjustment Requirements According to Article 63 of the Investment Law 2020, investors must adjust their Certificate of…
