India To Investigate Anti-dumping of Vinyl Tiles from Vietnam

On January 24th, 2022, the Ministry of Commerce and Industry of India (Directorate General of Trade Remedies) has issued initiation of anti-dumping investigation of imports of “Vinyl Tiles other than in roll or sheet form” originating in or exported from China PR, Taiwan and Vietnam (Case No. AD (OI) -16/2021). Ministry of Commerce and Industry received the allegations that the dumping of the product under consideration from the mentioned countries above is materially retarding the establishment of the domestic industry in India.   India...

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What Are Regulation for Automatic Conviction Expungement?

In order to show the spirit of humanity, create conditions for those who have been convicted to reintegrate into the community and stabilize their lives, the Vietnam Penal Code has built a system to automatically have criminal records in Vietnam removed. Accordingly, former convicted persons who have met the prescribed conditions will be considered as unconvicted and they will not have to continue to bear any consequences due to their former convictions. However, the implementation of regulations on the issue of automatically expunging...

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When Arbitration Could Settle a Dispute in Vietnam?

When Arbitration Could Settle a Dispute in Vietnam? Under the Law on Commercial Arbitration effective Jan 1st, 2011, and other guidance, in principle, arbitration could only be used in disputes among parties which arise from commercial activities, disputes among parties at least one of whom conducts commercial activities, and other disputes among parties which are stipulated by law to be settled by arbitration in Vietnam. Lawyer should be consulted for arbitration from drafting arbitration agreement to resolving the arisen dispute.   Arbitration...

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Extension of time for submitting questionnaire for Anti-dumping case AD16

Extension of time for submitting questionnaire for Anti-dumping case AD16 Extension of time for submitting questionnaire for Anti-dumping investigation on table and chair products from the China and Malaysia (Code of case AD16).   On December 06th, 2021, The Department of Trade Remedies- The Ministry of Industry and Trade (Investigating Authority) issued anti-dumping investigation questionnaire on quantity and value for foreign manufacturers/exporters. The goal is to facilitate foreign manufacturers/exporters to cooperate to respond the...

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Some of commodities with growth potential in Vietnam through UKVFTA Agreement

Since 2021, the UKVFTA Agreement is the Agreement between Vietnam and the European Union (EVFTA) had been come into force.   Law Firm in Vietnam After the UKVFTA Agreement is signed, some goods in Vietnam, when exported to the UK market, if they meet the conditions, will enjoy tariff preferences from the Agreement, this is a good opportunity to Vietnamese goods are imported to the UK market. In 2019, the UK imports mainly from Vietnam garment products. In which, the 10 largest garment products exported to the UK include: suits, jackets,...

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Vietnam and United Kingdom signed 26 cooperation agreements

The Vietnam Prime Minister ‘s trip to the United Kingdom on October 31, 2021 is a meaningful trip for Vietnam, especially, during the period when the country’s economy is in the process of recovering from the pandemic. The Prime Minister’s trip has realized many important goals with many activities both on multilateral forums and bilateral contacts, combining meetings with the Vietnamese community and businesses.   Law Firm in Vietnam With this trip, the Prime Minister participated in 26 billion-dollar cooperation agreements between Vietnam...

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Why foreign company should undertake policy and regulatory research before entering Vietnam market?

Currently, with Vietnam’s investment attraction policies, annual foreign direct investment (FDI) into Vietnam is constantly increasing, after Covid time. According to the report on foreign direct investment in nine months of 2021 of the Ministry of Planning and Investment, as of September 20th, 2021, the total newly registered capital, adjusted and contributed capital to buy shares, purchase capital contribution (GVMCP) of foreign investors reached 22.15 billion USD, up 4.4% over the same period last year 2020. Realized capital of foreign investment...

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Vietnam and Japan cooperate for mutual development

On November 25th, 2021, within the framework of Japan visit of Vietnamese Prime Minister – Mr. Pham Minh Chinh, the Prime Minister met the President of the Japan External Trade Organization (JETRO). During the meeting, the Prime Minister met leaders of many large Japanese corporations, businesses and banks and signed many investment cooperation agreements between Vietnam and Japan.   Law Firm in Vietnam The parties highly appreciated JETRO’s practical and effective contributions to Vietnam in recent years in promoting investment cooperation. In...

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The Need for Commercial Mediation in the Performance of International Contracts

In contract dispute resolution, the average time to resolve a commercial contract dispute at the Court in Vietnam, even with the help of dispute lawyers in Vietnam whom know well the process would take long time through multiple proceedings. This period will last longer if there is a foreign party in the dispute, including service of notarization, legalization, authentication (or apostille) the documents. According to World Bank statistics, the cost of resolving a commercial dispute at the Court accounts for about 29% of the...

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What Are New Conditions on Real Estate Purchase and Sale in 2022?

Real estate business activities have a great influence on socio-economic development.  Accordingly, in order to ensure the legal framework for the current real estate business activities, the Government has issued Decree 02/2022/ND-CP detailing the implementation of a number of articles of the Law on Real Estate Business (“Decree 02/2022/ND-CP”) in order to promptly amend and supplement inadequate regulations to be consistent with reality. In which, conditions for the transfer of contracts of purchase and sale, lease-purchase of houses and...

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Vietnam attracts FDI in 10 months of 2021

In 2021, due to the spread of the Covid-19 epidemic in the world, the economic situation has been seriously affected. This greatly affects the investment performance of investors making investment in Vietnam. However, Vietnam government still implements many policies to attract foreign investors to set up company, make investment, in order to realize the “dual goal” of fighting the epidemic and developing socio-economic and achieving economic growth to get the high results.   Law Firm in Vietnam According to statistics of the Ministry...

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