On August 1, the Ministry of Industry and Trade issued Decision No.1514/QD-BCT on the application of measures to prevent the evasion of trade remedies for some cane sugar products originating from Cambodia, Indonesia, Laos, Malaysia, and Myanmar (AC02.AD13-AS01). The conclusion from the Ministry of Industry and Trade on six businesses not being subject to anti-circumvention tax on trade remedies, including two customers of ASL LAW According to Decision No.1514, Vietnam will apply measures to prevent the evasion of trade remedies for a number of cane sugar products under HS codes 1701.13.00, 1701.14.00, 1701.91.00, 1701.99.10, 1701.99.90, and 1702.90.91. The above cane sugar products are imported into Vietnam from Cambodia, Indonesia, Laos, Malaysia, and Myanmar. The order and procedures for applying anti-circumvention measures of trade remedies to Vietnam’s cane sugar products will be implemented in accordance with the Law on Foreign Trade Management. This decision … [Read more...] about ASL LAW successfully defends in lawsuit against circumvention of trade remedies
Lawsuits
Vietnamese steel faces more trade remedy lawsuits
The US Department of Commerce (DOC) has launched a trade remedy duty evasion investigation into a number of steel pipe products imported from Viet Nam. — Photo diendandoanhnghiep.vn The Mexican Secretariat of Economy has announced an anti-dumping investigation into cold-rolled steel imported from Viet Nam, according to the Ministry of Industry and Trade (MoIT). The investigated products are classified under HS codes 7209.16.01, 7209.17.01, 7209.18.01, 7209.26.01, 7209.27.01, 7209.28.01, 7209.90.99, 7211.23.03, 7211.29.99, 7211.90.99, 7225.50.07, and 7226.92.06. Statistics from the International Trade Centre (ITC) showed that Viet Nam earned US$220 million from exporting iron and steel, mostly those coded HS 7209 and 7210, to Mexico in 2020, an increase of 70 per cent compared to 2019. The export earnings of cold rolled steel which are under investigation reached $50 million. After officially initiating the case, the Mexican investigation agency sent questionnaires to relevant … [Read more...] about Vietnamese steel faces more trade remedy lawsuits
Wood exporters urged to prepare for increased trade remedy investigations
Workers of Thuan An Wood Processing Joint Stock Company check products. Wood exporters should be prepared to deal with trade investigations that increase with rapid international integration. — VNA/VNS Photo Experts have urged wood exporters to diversify markets, standardise supply chains and be well equipped with trade defence knowledge in the face of increasing trade protectionism. According to the Viet Nam Administration of Forestry, the stronger the wood export, the higher the risk the wood industry faced with trade defence lawsuits. Ngo Sy Hoai, Deputy President of the Viet Nam Timber and Forest Product Association, said that the wood export of Viet Nam increased sharply in recent years. Viet Nam was currently the fifth largest wood exporter in the world, Hoai said, adding that together with the trend of trade liberalisation with several free trade agreements (FTAs) Viet Nam signed, other countries were increasing trade defence measures with Viet Nam. Viet Nam … [Read more...] about Wood exporters urged to prepare for increased trade remedy investigations
Thousands of resettlement apartments abandoned in Hanoi, Ho Chi Minh City
Thousands of apartments and land lots for the resettlement of residents in Hanoi and Ho Chi Minh City have been left deserted for years, causing huge waste. While many laborers are in dire need of accommodations, solutions to these abandoned resettlement apartments and the resettlement in the future to prevent similar cases are needed. Abandonment and untidiness According to the Hanoi Department of Construction, the capital city is now home to nearly 18,000 resettlement apartments. Most of them have been sold and allocated for projects. Only over 400 units remain unused. However, in reality, thousands of these apartments are presently empty. Some projects with hundreds of apartments each are complete but their wastewater treatment and fire prevention and control systems have yet to be approved. Most of these projects are now degrading and facing a shortage of facilities, such as playgrounds for children, sport facilities, and parks. More than 3,700 … [Read more...] about Thousands of resettlement apartments abandoned in Hanoi, Ho Chi Minh City
Vietnam ready for talks with US on tax evasion investigation into Vietnamese steel pipes
Vietnam is willing to hold trade talks with the United States to timely solve arising problems regarding a U.S. anti-circumvention investigation into steel pipe products imported from the Southeast Asian country. Le Thi Thu Hang, spokesperson of the Vietnamese Ministry of Foreign Affairs, made the statement at a regular press briefing in Hanoi on Thursday following reports that the U.S. officially initiated an investigation into the case. Hang affirmed that the Vietnam-U.S. comprehensive partnership has witnessed progress in all fields in recent times, including in economy, trade, and investment. Vietnam is the leading trade partner of the U.S. in Southeast Asia, while the U.S. is the second-largest trade partner of Vietnam, with two-way trade turnover exceeding US$110 billion in 2021. “Vietnam advocates promoting economic, trade, and investment cooperation with the U.S. on the basis of freedom, fairness, and mutual benefits in accordance with bilateral agreements and … [Read more...] about Vietnam ready for talks with US on tax evasion investigation into Vietnamese steel pipes
Vietnam puts top priority to personal information security
Even though Vietnam has a basic legal frame to protect personal data, the sanctions are considered too light, while the impacts of privacy infringement might be quite serious in certain cases as they can damage the honor, dignity, and safety of victims. Therefore, it is suggested to add more provisions on criminal liability for violation of personal data into the Penal Code. Some serious violations on the law to protect personal data like illegally collecting, exploiting, and selling personal data can be considered a crime. It is also necessary to increase the effectiveness of the personal data protection mechanism via civil lawsuits. The National Population Database is a national property, and thus earning level-4 protection and management. The data collection and management from central to local levels must be detailed, and specialized technical monitoring must be done round the clock to prevent cyberattacks. For the two years from 2019, the Public Security Ministry discovered … [Read more...] about Vietnam puts top priority to personal information security