The National Agency of Cryptography and Information Security (NACIS) is currently drafting a new Decree to amend Decree No. 58/2016/ND-CP and its amendments related to cyber information security, including the export/import of civil encryption products (referred to as the âDraft Decreeâ). The Draft Decree expands the scope of products subject to this regulation and imposes significantly greater monetary fines and penalties for non-compliance which will certainly result in higher scrutiny moving forward. The proposed administrative reforms…
Vietnam currently maintain a drop ship model under which a foreign buyer may purchase goods in Vietnam, and instruct the seller to deliver the goods to another Vietnamese entity, which is called âOn The Spotâ Export/Import (OTS). Under this OTS scheme, the seller is still qualified as exporting their goods out of Vietnam to enjoy certain tax and duty incentives (i.e import duty exemption of imported materials, 0% VAT).Under this new proposal, OTS scheme is…
Baker McKenzieâs Global Compliance Blog published âVietnam: Government approves anti-counterfeiting and consumer protection in e-commerce by 2025 Plan,â which can be viewed here.
Baker McKenzie’s Global Compliance News Blog published “Vietnam: Indo-Pacific Economic Framework for Prosperity,” which can be viewed here.
Baker McKenzie’s International Commercial & Trade Blog published “Vietnam: New decision imposes anti-circumvention measures on imported cane sugar,” which can be viewed here.
Shift to a circular economy Baker McKenzie’s Environment & Climate Change News Blog published “Vietnam: New extended producer responsibility regime – recycling and waste treatment obligations for certain producers and importers” which can be viewed here.
Baker McKenzie’s Global Compliance News Blog published “Vietnam: New Decree on management of medical devices,” which can be viewed here.
Baker McKenzie’s International Commercial & Trade Blog published “Vietnam: Updated regulations affecting e-commerce platforms” which can be viewed here.
Baker McKenzie’s Global Compliance News Blog published “Vietnam: New anti-dumping investigation re office desks and chairs originating from China and Malaysia,” which can be viewed here.
Baker McKenzie’s Global Compliance News Blog published “United Kingdom & Vietnam: New circular to implement the UK-Vietnam FTA’s rules of origin,” which can be viewed here.