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Official Gazette

Monday, October 21, 2019
Tags: made in vietnam
Made in Vietnam criteria “Made in Vietnam” criteria
Local media last month reported that Asanzo, a local electronics manufacturer currently holding more than 16 percent of Vietnam’s TV receiver market share, did not produce but imported spare parts from China, then assembled them into finished products with “Made in Vietnam” labels for domestic sale.
Ministry to set Made in Vietnam criteria Ministry to set 'Made in Vietnam' criteria
‘Made in Vietnam’ products are required to have a localization rate of 30 percent and be partly produced in Vietnam. This is one of the criteria set by the Ministry of Industry and Trade in a draft circular providing criteria for products eligible to be classified as ‘made in Vietnam’.
New payment rules aim to boost Vietnam-China border trade New payment rules aim to boost Vietnam-China border trade
From mid-October, traders and residents in Vietnam-China border areas may use Chinese yuan in certain transactions, according to a regulation issued by the State Bank of Vietnam last month.
General rules on recognition and enforcement of foreign arbitral awards in Vietnam General rules on recognition and enforcement of foreign arbitral awards in Vietnam
The article discusses recent provisions of Vietnamese law and international legal instruments concerning the recognition and enforcement of foreign arbitral awards in Vietnam.
Development process of Vietnamese law on reservations to treaties Development process of Vietnamese law on reservations to treaties
Recently, the number of Vietnam’s reservations to treaties has risen together with the number of treaties to which Vietnam has acceded. This reality requires Vietnam’s legal system in general and law on treaties in particular be completed in the direction of protecting to the utmost Vietnam’s interests without violating the concluded treaties.
ASEAN capital transaction liberalization: impacts on investment activities in Vietnam ASEAN capital transaction liberalization: impacts on investment activities in Vietnam
This article analyzes two issues: (i) How far AEC has gone in the roadmap to achieve the purpose of capital transactions liberalization and (ii) impacts of the commitments within the AEC regarding capital transaction liberalization on Vietnam’s law on foreign exchange management and on investment activities.
Workshop seeks consultation opinions on implementation of legal translation in VN Workshop seeks consultation opinions on implementation of legal translation in VN
The Ministry of Justice on February 17 held a workshop on the consultation of the draft report on implementation of legislation regarding translation of legal normative documents into English.
Businesses burdened with social insurance: lawyer Businesses burdened with social insurance: lawyer
Rising social insurance debt owed by businesses is a headache for social security authorities and trade unions which largely blame on employers’ disregard of law and their misappropriation of social insurance premiums paid by employees. This article adds another view holding that high social insurance payment rate is also a cause of the problem.
Foreign trade activities must be in line with international commitments: lawmakers Foreign trade activities must be in line with international commitments: lawmakers
Majority of National Assembly deputies agree with the necessity of the Law on Foreign Trade Management with a view to strengthening state management tools for foreign trade activities, and ensuring effectiveness and transparency of foreign trade in line with international commitments.
Current investment and commercial laws: some implications for foreign-invested enterprises in Vietnam Current investment and commercial laws: some implications for foreign-invested enterprises in Vietnam
Under current Vietnamese legislation, a foreign-invested enterprise (FIE) is understood as an enterprise having a foreign investor as its member or shareholder and is recognized as a Vietnamese one. However, in investment and commercial activities, these entities are subject to different regulations compared to other Vietnamese enterprises. This article brings out these differences in the investment procedures and settlement of disputes involving these FIEs.

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