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Recently, the Vietnamese government announced the approval of swapping public holiday on the April 30th – May 1st occasion to extend the holiday period to 5 days from April 27th to May 1st. This schedule applies to civil servants, but the Ministry encourages business owners to apply it to workers, ensuring full implementation of salary…
23
Apr
Apr
Taylor Swift, the global music sensation, isn’t just known for her chart-topping hits and electrifying performances. She’s also making waves in the world of intellectual property with her extensive trademark portfolio. By the start of 2024, Swift proudly owns almost 140 trademarks registered at the United States Patent and Trademark Office, showing her dedication to…
06
May
May
In a bid to streamline trade processes and foster greater economic cooperation, the Ministry of Industry and Trade recently issued Circular No. 04/2024/TT-BCT, amending and supplementing several Articles of Circular No. 20/2014/TT-BCT. These amendments specifically target the rules of origin within the Agreement establishing the ASEAN – Korea Free Trade Area (AKFTA), aiming to enhance…
19
Apr
Apr
The Canada Border Services Agency (CBSA) is currently conducting a normal value review as part of the anti-dumping and countervailing duty investigations for upholstered domestic seating originating from Vietnam and China. Presently, CBSA is conducting two normal value reviews at the request of two different Vietnamese importer groups in Canada, which include: The information regarding…
16
Apr
Apr
On April 3, 2024, the U.S. Department of Commerce (DOC) issued an official notice regarding the extension of the deadline for issuing the final determination on the scope of the product investigation and the anti-dumping and countervailing duty circumvention with respect to wooden cabinets imported from Vietnam. Since April 2020, the United States has imposed…
13
Apr
Apr
On March 21, 2024, the Foreign Trade Secretariat (SECEX) announced in the Official Gazette of the Mercosur Common Nomenclature (NCM) No. 11/2024, the commencement of an investigation into the dumping of synthetic staple fiber products made from polyester (Polyester Staple Fiber) exported to Brazil, commonly classified under HS code 5503.20.90 of the Mercosur Common Nomenclature…
10
Apr
Apr
According to the Tariff Act of 1930, the U.S. Department of Commerce will automatically conduct sunset reviews every 5 years for anti-dumping duty and countervailing duty orders listed by the DOC. The United States International Trade Commission (ITC) simultaneously announced this notice of the 5-year sunset review of similar duty orders and investigations currently suspended….
14
Apr
Apr
Recent data released by Vietnam Foreign Investment Agency, under the Ministry of Planning and Investment, sheds light on the dynamic landscape of foreign investment in the country. As of March 20, 2024, Vietnam has seen a significant increase in foreign investment, with total registered capital reaching over $6.17 billion. This marks a notable 13.4% increase…
14
Apr
Apr
Vietnam’s regulatory landscape concerning outward investment is essential for both investors and enterprises looking to expand their operations beyond national borders. With detailed provisions outlined in Decree No. 31/2021/NĐ-CP, investors are guided through conditions for regulated sectors and requirements for various forms of outward investment. Conditions for Regulated Sectors Decree No. 31/2021/NĐ-CP, referencing Article 72,…
15
Apr
Apr
Vietnam’s Ministry of Information and Communications has taken a significant step in safeguarding consumer interests with the enactment of new regulations aimed at enhancing oversight of unsafe Information and Communication Technology (ICT) products. Circular 04/2023/TT-BTTTT, scheduled to come into effect on May 15, 2024, marks a pivotal moment in ensuring that technology products entering the Vietnamese…
