On 3 June 2021, the Trade Remedy Authority (TRA) of the Ministry of Industry and Trade (MOIT) – the investigator – received a petition for an anti-dumping investigation (AD) with regard to office desks, chairs and their parts originating from the People’s Republic of China (China) and Malaysia. On 18 June 2021, the TRA confirmed that the submitted petition dossier is complete and legal.
The UK-Vietnam Free Trade Agreement (UKVFTA) entered into force as a replacement for the Vietnam-EU Free Trade Agreement (EVFTA) due to Brexit, to leverage Vietnam-UK trade relations. To implement preferential tariff treatment under the UKVFTA, the Ministry of Industry and Trade (MOIT) issued Circular No. 02/2021/TT-BCT that will regulate the origin issues and take effect on 27 June 2021.
The government recently issued Decree No. 18/2021/ND-CP (“Decree No. 18“), amending a number of provisions under Decree No. 134/2016/ND-CP and elaborating on the Law on Export and Import Duties. The new decree comes into force on 25 April 2021.
The government recently issued Decree No. 18/2021/ND-CP (“Decree No. 18“), amending a number of provisions under Decree No. 134/2016/ND-CP and elaborating on the Law on Export and Import Duties. The new decree comes into force on 25 April 2021.
The UK-Vietnam Free Trade Agreement (UKVFTA) entered into force as a replacement for the Vietnam-EU Free Trade Agreement (EVFTA) due to Brexit, to leverage Vietnam-UK trade relations. To implement preferential tariff treatment under the UKVFTA, the Ministry of Industry and Trade (MOIT) issued Circular No. 02/2021/TT-BCT that will regulate the origin issues and take effect on 27 June 2021.
The government recently issued Decree No. 18/2021/ND-CP (“Decree No. 18”), amending a number of provisions under Decree No. 134/2016/ND-CP and elaborating on the Law on Export and Import Duties. The new decree comes into force on 25 April 2021.
In brief On 11 May 2020, the Trade Remedy Authority (TRA) of the Ministry of Industry and Trade (MOIT) received a petition for an anti-dumping investigation (AD) with regard to welding materials originating from China, Thailand and Malaysia. On 18 March 2021, the MOIT issued Decision No. 947/QD-BCT to officially…
Vietnam is projected to be the only ASEAN economy to report growth following the emergence of the global COVID-19 pandemic. With the ratification of the CPTPP, EVFTA, and entering into RCEP, coupled with the fallout from regional trade tensions, the country is poised as the next regional hub for logistics…
In brief The General Department of Taxation (GDT) has released the draft circular implementing the 2019 Law on Tax Administration and Decree No. 126/2020/ND-CP guiding some provisions of the Law on Tax Administration (“Draft Circular”), and is now accepting public comments. Comments must be submitted to the GDT by 15 March 2021.…
Government Resolution No. 178/NQ-CP dated 12 December 2020, approves the Ministry of Finance’s proposal to grant import duty exemptions for materials imported by export manufacturers for outsourcing activities. Specifically, if export manufacturers subcontract specific processing steps to third parties, any materials imported by the export manufacturers for the implementation of such processing steps will also be exempted from import duties.
On 23 February 2021, the General Department of Customs issued Official Letter No. 879/TCHQ-TXNK (OL 879) to provide guidelines on the implementation of the Resolution.