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1.

Import Restrictions on Mainland Chinese Sawblades and Xanthan Gum for AD Duty Evasion

8 Oct 2019

In a final determination under the Enforce and Protect Act, U.S. Customs and Border Protection has found substantial evidence that a U.S. company evaded the antidumping duty order on diamond sawblades...Read More

2.

Vietnam: Market Profile

10 Sept 2019

Vietnam has recorded important achievements in socioeconomic fields and has become one of the fastest-growing economies in the world. The country is emerging as a key manufacturing hub, supported by e...Read More

3.

VIETNAM: FDI Applications Set for Increased Scrutiny

9 Sept 2019

The Political Bureau (Politburo) of the Central Committee of the Communist Party of Vietnam, the country’s highest decision-making authority, has called on all government bodies to step up their scrut...Read More

4.

Mainland China and Hong Kong Continue to Account for Vast Majority of IPR Seizures

27 Aug 2019

U.S. Customs and Border Protection recently released statistics regarding the volume and value of its seizures of intellectual property rights infringing articles during fiscal year 2018 (October 2017...Read More

5.

VIETNAM: Import Duty Exemptions Planned for Alternative Fuel Vehicle Components

27 Aug 2019

Automotive parts imported into the country for the domestic assembly/manufacture of green/alternative fuel vehicles are to be exempt from import duties under the terms of a proposed move championed by...Read More

6.

VIETNAM: Clarification Issued with Regard to Use of “Made in Vietnam” Designation

9 Aug 2019

In a bid to ensure the “Made in Vietnam” citation is correctly deployed, the Ministry of Industry and Trade (MOIT) has issued a circular specifying the criteria for determining whether goods have been...Read More

7.

VIETNAM: Free Trade Agreement Signed with the European Union

11 July 2019

Vietnam has now formally signed a Free Trade Agreement (FTA) and an Investment Protection Agreement (IPA) with the European Union (EU)....Read More

8.

Vietnam Signs “Milestone” Trade and Investment Agreements with EU, Upping Pressure on Competition from Other Asian Countries

8 July 2019

On 30 June 2019, the EU and Vietnam signed two long-awaited agreements which provide for a significant liberalisation in trade and facilitation of investments between the two trading partners. The amb...Read More

9.

VIETNAM: Overseas E-Commerce Businesses Set to Become Income Tax-Liable

5 July 2019

Tax is to be payable on all of the country’s digital transactions from 1 July 2020. For the first time, this will see overseas companies in receipt of Vietnam-sourced online payments liable to pay inc...Read More

10.

Vietnam: Visa on Demand

21 June 2019

This page provides general information about visa requirements for Hong Kong residents travelling to Vietnam. For residents outside Hong Kong, please contact the nearest embassy or consulate. As the a...Read More

11.

VIETNAM: Anti-Dumping Duty Imposed for 120 Days on China-Sourced Aluminium Imports

11 June 2019

Certain aluminium imports of China origin are to be subjected to anti-dumping duty (ADD), albeit for a temporary period. The measure, which came into effect on 5 June, will apply to aluminium extrusio...Read More

12.

VIETNAM: Crackdown on the Re-Export of Foreign Products as Domestic Items Mandated

20 May 2019

New measures have been introduced to combat the increased prevalence of overseas-manufactured items being re-exported as domestically-produced....Read More

13.

VIETNAM: Ho Chi Minh City Considering Imposing Tax on Luxury Items

16 May 2019

The Ho Chi Minh City (HCMC) municipal government is considering imposing a Special Consumption Tax (SCT) on a range of non-essential/luxury goods and services, including mobile phones, perfumes, cosme...Read More

14.

BRI-Backed Hanoi Metro Rail Line Set to Open for Passenger Travel

6 May 2019

Chinese investment sees Vietnam's first urban railway finally ready to begin commercial operation....Read More

15.

VIETNAM: Import of 10-Year-Old Machinery Vetoed as of 15 June

2 May 2019

The import of all used machinery with a provenance of 10 years or more is to be banned as of 15 June this year. Furthermore, the import of used machinery less than 10-years-old is only to be permitted...Read More

16.

VIETNAM: Overseas Investors Cleared to Use Foreign Currency in New Privatisation Round

18 April 2019

The State Bank of Vietnam (SBV), the country’s central bank, has announced liberalised arrangements for the use of foreign currency by overseas investors participating in the privatisation of State-Ow...Read More

17.

VIETNAM: Corporate Income Tax Cut Mooted in Bid to Boost SME Sector

8 April 2019

A move to cut Corporate Income Tax (CIT) from 20% to 15-17% for small and medium-sized enterprises (SMEs) has been mooted by the Finance Ministry....Read More

18.

VIETNAM: Domestically-Produced Auto-Parts Set to be Exempt from Special Consumption Tax

1 March 2019

The Ministry of Finance has proposed abolishing the Special Consumption Tax (SCT) on all locally-produced automotive parts destined for use in the assembly of vehicles with a maximum of nine seats....Read More

19.

VIETNAM: Corporate Tax Incentives Introduced for Science/Technology Businesses

22 Feb 2019

Science and technology-oriented businesses are to be exempt from corporate income tax (CIT) for four years and then offered a 50% CIT cut for a further nine years....Read More

20.

VIETNAM: Annual Internal Audits Compulsory for Publicly-Listed Companies

11 Feb 2019

As of 1 April this year, all publicly-listed companies, as well as those in which the state holds an equity stake of 50% or more, will be obliged to conduct annual internal audits....Read More

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