Vietnam

ASL Law Firm | English | AcademicThink | Dec. 12, 2025 | Regulation

On December 3, 2025, the Canada Border Services Agency (CBSA) issued its final determination in an anti-dumping investigation concerning imports of carbon steel wire rod and alloy steel wire rod from multiple countries, including Vietnam. CBSA found dumping occurred from all investigated countries. For Vietnam, a major producer received a dumping margin of 5.7%, significantly reduced from the preliminary margin of 13.4%. However, other Vietnamese exporters were assigned a margin of 158.9% due to the use of adverse facts available. The 5.7% margin is the lowest among cooperating companies from the relevant countries, where margins range from 9.4% to 58.1%.

CBSA clarified that these margins do not directly determine final anti-dumping duties, which will be set by the Canadian International Trade Tribunal (CITT) after assessing whether the dumped imports cause material injury to Canada’s domestic industry. The CITT's final decision is expected by January 2, 2026. Until then, provisional anti-dumping duties remain in place. If CITT finds injury, definitive duties will be applied to imports after the decision. If no injury is found, the case will be terminated, and all provisional duties or security deposits collected will be refunded.

Vietnamese manufacturers and exporters are advised to closely monitor CITT’s final ruling, maintain cooperation with Canadian authorities, and coordinate with Vietnam’s trade remedy officials for support. The announcement also recommends engaging with specialized legal counsel, notably ASL Law—a leading Vietnamese full-service law firm experienced in anti-dumping and trade remedy matters—to protect their interests throughout the process.

Bảo hiểm tiền gửi chi trả sớm, không cần chờ ngân hàng phá sản

VN Express | Local Language | News | Dec. 12, 2025 | UndeterminedBankruptcy-Insolvency

On December 10, the National Assembly passed an amended Deposit Insurance Law with over 94% approval. Effective from May 1, 2026, the law introduces three cases for deposit insurance payouts: when the State Bank approves a bankruptcy plan for a credit institution or foreign bank unable to pay deposits; when the State Bank suspends deposit-taking activities of a credit institution under special control that has losses exceeding 100% of its charter capital; and when the regulator requires payment to ensure system safety, public order, and social safety. These additions aim to enable timely payouts and stabilize depositor confidence.

The Governor of the State Bank, Nguyen Thi Hong, was assigned to set the maximum payout limit periodically. Currently, the limit is 125 million VND, although some delegates had proposed increasing it. The amended law also expands the role of the deposit insurance organization to include handling credit institutions under early intervention and special control, managing crises, and evaluating recovery and restructuring plans. The organization can provide zero-interest special loans to insured banks and is permitted to borrow unsecured funds at zero percent interest from the State Bank to make early payouts and cover shortfalls in the operational reserve fund.

Vietnam News | English | News | Dec. 12, 2025 | Geopolitical Conflict and Disputes

Vietnamese Prime Minister Pham Minh Chinh urged Cambodia and Thailand to engage in dialogue to resolve their border tensions during talks with Cambodian Prime Minister Hun Manet on December 8. The discussions coincided with the inauguration of an international border gate on the Vietnam-Cambodia border, co-chaired by both leaders.

Chinh called on the two countries to practice restraint, respect each other's legitimate interests, and adhere to existing peace agreements. He affirmed that Vietnam is closely monitoring the situation and remains committed to contributing to peaceful solutions.

He highlighted that long-term stability benefits both Cambodia and Thailand and is crucial for ASEAN solidarity, as well as for regional peace, cooperation, and development.