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Structured register of government actions in the geoeconomic space — export controls, tariffs, sanctions, FDI screening, subsidies, industrial-policy laws — cross-referenced into the country, minerals, and ETF surface. Charter: docs/IPTM_CHARTER.md.
Severity 1-5 is the qualitative impact rating (1=minor, 5=structural). The bilateral-trade-grounded quant scorer is the next IPTM milestone. RBI (Register Breadth Index) is a complementary structural-breadth indicator from scripts/py/iptm/breadth.py; divergence between RBI and severity is itself informative (high-sev / low-RBI = strategic chokepoint; low-sev / high-RBI = broad but shallow). Every action has at least one primary source URL. Verify-or-don't-file. See also themes, timeline, graph, sankey, map, country exposure, sector exposure, material exposure (+ graph), weekly briefs, portfolio scan, escalation monitor, trans-shipment hubs. Internal triage tools (RSS-poller candidate feed, source-feed health) live under /admin/candidates + /admin/sources. Subscribe via Atom feed (accepts ?country=CN, ?material=lithium, ?issuer=BIS, ?type=export_control, ?etf=SOXX, ?company=NVDA, ?minSeverity=4, ?year=2026, ?q=…) or pull /api/iptm/actions.
On June 3, 2026, USTR formally initiated a Section 301 investigation (FR Doc. 2026-11043) into Vietnam's acts, policies, and practices relating to intellectual property protection and enforcement. This is the first Vietnam-specific Section 301 investigation carrying tariff-imposition authority — distinct from the Special 301 process (Section 182, which designates but cannot impose tariffs) and from the simultaneous June 2, 2026 forced-labor Section 301 (60 economies) and March 11, 2026 overcapacity Section 301. USTR proposes additional duties of 10–12.5% on Vietnamese goods if the investigation confirms actionable IP failures. The public comment period closes July 6, 2026.
On June 2, 2026, USTR published final actionability findings in 60 parallel Section 301(b) investigations — the largest simultaneous Section 301 action in US history — determining that all 60 economies maintain unreasonable acts, policies, or practices by failing to impose or effectively enforce a prohibition on imports produced with forced labor. USTR proposed two additional duty rates: 10% on the 14 economies with partial forced-labor regimes (Canada, Ecuador, EU, Indonesia, Mexico, Pakistan, Argentina, Bangladesh, Cambodia, El Salvador, Guatemala, Malaysia, Taiwan, UK) and 12.5% on the remaining 46 economies. Tariff rates remain proposed pending a July 7, 2026 public hearing and subsequent finalization; the actionability determination is final.
The US Department of Commerce published its final affirmative determination in the less-than-fair-value (LTFV) antidumping investigation of polypropylene corrugated boxes from Vietnam (Federal Register doc 2026-10109, published 20 May 2026), finding that all Vietnamese producers/exporters constitute a single Vietnam-wide entity subject to a 130.58% AD rate based solely on Adverse Facts Available (AFA) due to non-cooperation. Commerce also issued a final affirmative determination of critical circumstances, triggering retroactive provisional-measures liability on entries made during the 90-day look-back period. The period of investigation covered 1 July 2024 through 31 December 2024; the ITC must issue its final injury determination within 45 days for an AD order to take effect.
Prime Minister Phạm Minh Chính issued Directive 38/CĐ-TTg on 5 May 2026, mobilising a cross-ministerial enforcement campaign against intellectual property infringement running 7–30 May 2026 with a 31 May reporting deadline. The directive explicitly responds to the USTR 2026 Special 301 designation of Vietnam as a Priority Foreign Country — the first such designation in eleven years — which triggers a statutory 30-day window for USTR to decide whether to open a Section 301 investigation. Ministries of Public Security, Industry and Trade (Market Surveillance), Information and Communications, and Culture are mobilised for coordinated raids targeting counterfeit-goods exporters, pirated-content platforms, and software-copyright violators, with the Prime Minister signalling enforcement will be permanent rather than a one-off campaign.
The Office of the United States Trade Representative released the 2026 Special 301 Report on 30 April 2026, designating Vietnam as a Priority Foreign Country (PFC) — the most severe category under Section 182 of the Trade Act of 1974 (19 U.S.C. § 2242). This is the first PFC designation since Ukraine held the status from 2013 through 2015, a gap of approximately 11 years. The PFC designation triggers a statutory 30-day window (expiring ~30 May 2026) within which USTR must decide whether to initiate a Section 301 investigation under 19 U.S.C. § 2412(b)(2)(A), which could lead to tariffs, withdrawal of trade benefits, or other Section 301 enforcement remedies against Vietnam. Separately, the EU was added to the Watch List for the first time, citing AI training-data, geographical-indications, and customs-enforcement concerns.
On April 24, 2026, the US Treasury's Office of Foreign Assets Control (OFAC) added 19 entities and 19 vessels to the Specially Designated Nationals (SDN) List under Executive Order 13902 (Iran petroleum and petrochemical sectors), in furtherance of National Security Presidential Memorandum-2 (NSPM-2) of February 4, 2025. The action is the first OFAC designation of a Chinese independent ("teapot") refinery — Hengli Petrochemical (Dalian) Refinery Co., Ltd., described as one of Iran's largest single customers for crude oil and petroleum products, having purchased billions of US dollars' worth since at least 2023 from cargoes brokered by Sepehr Energy Jahan Nama Pars Company (the oil sales arm of Iran's Armed Forces General Staff, controlled by the Ministry of Defense / MODAFL). Co-designations span shipping firms and vessels registered in China, Hong Kong, Panama, Marshall Islands, Liberia, and Vietnam. Concurrent with the designations, OFAC issued Iran-related General License V authorising a 30-day wind-down (through May 24, 2026) of transactions involving Hengli Petrochemical (Dalian) Refinery Co., Ltd. and certain majority-owned entities. Treasury press release SB0472 ("Economic Fury Targets Global Network Fueling Iran's Oil Trade and Shadow Fleet") frames the action as part of the maximum-pressure campaign that has sanctioned over 1,000 Iran-related persons, vessels, and aircraft since February 2025. The April 24 designations directly triggered the first-ever operational use of China's Blocking Rules (MOFCOM Announcement No. 21 of May 2, 2026) and preceded a second OFAC Iran wave on May 1, 2026 (General License W + Strait of Hormuz Sanctions Risk Alert).
Presidential decree signed by President Claudia Sheinbaum and published in the evening edition of the Diario Oficial de la Federación on 23 April 2026, in force 24 April 2026. The decree amends the Tariff of the Ley de los Impuestos Generales de Importación y de Exportación (LIGIE/TIGIE) and the Decreto que establece diversos Programas de Promoción Sectorial (PROSEC), imposing MFN import duties at 5%, 10%, 15%, 25%, 30% or 35% ad valorem on 185 tariff fractions covering chemical products, cosmetics, paper and cardboard, textiles, steel, graphic arts, aluminum manufactures, auto parts, electrical material, bicycles, musical instruments, furniture, wind turbines, and trailers. Goods originating in countries with which Mexico has a free-trade agreement remain eligible for preferential treatment, so practical incidence falls on China and other non-FTA suppliers (Korea, India, Vietnam, Thailand, Brazil, Indonesia, Taiwan, UAE, South Africa). Paired PROSEC modifications add tariff fractions to Article 5 sections I, II.b and XIX (electrical, electronic, automotive and auto-parts industries) at exempt (EX) rates.
On 13 April 2026 the Council of the EU and the European Parliament reached a provisional political agreement, in trilogue with the Commission, on the new EU steel safeguard regulation that will replace the existing WTO-safeguard-based measure (Regulation (EU) 2019/159, last tightened by Implementing Regulation 2025/612) expiring on 30 June 2026. The agreement adopts the core architecture of the Commission's October 2025 proposal (procedure 2025/0726(COD)): an overall duty-free tariff-rate quota of approximately 18.3 million tonnes per year — a roughly 47% reduction versus the 2024 safeguard quotas — covering 30 product categories, with the out-of-quota customs duty raised from 25% to 50%. The deal also introduces a mandatory "country of melt and pour" declaratory requirement on steel imports and obliges the Commission to assess, within two years, whether the country of melt-and-pour should become the basis for country-specific TRQ allocations (closing transhipment loopholes that have allowed Chinese-melted steel to enter via third-country processors). The co-legislators added a reinforced and time-bound review mechanism: a first Commission review of product scope within six months of entry into force, with subsequent biennial scope reviews thereafter. Statutorily, this is a NEW instrument — a regulation adopted under the ordinary legislative procedure, not an implementing act under the WTO Agreement on Safeguards / Regulation (EU) 2015/478 — so it is filed as a new action with a `responds_to` link to the predecessor regime. Formal adoption by Council and EP plenary is expected in May 2026 ahead of the 1 July 2026 application date.
On 2 April 2026, Vietnam's Ministry of Industry and Trade signed Decision 612/QĐ-BCT imposing a provisional anti-circumvention duty of 27.83% on hot-rolled steel coil/sheet (HRC) imports from China in widths above 1,880mm up to 2,300mm (thickness 1.2-25.4mm, ~24 HS codes under HS 7208 and 7226), effective 17 April 2026. The Trade Remedies Authority of Vietnam found that Chinese exporters were widening HRC coils beyond the 1,880mm ceiling of Vietnam's existing definitive anti-dumping measure (Decision 1959/QĐ-BCT, case AD20) specifically to evade that duty, and the new measure extends the same 27.83% rate to the wider product range under a distinct anti-circumvention investigation (case AC03.AD20, initiated via Decision 3176/QĐ-BCT on 27 October 2025).
On 31 March 2026 the Government of Vietnam issued Decree 96/2026/ND-CP, the principal implementing decree for the Law on Investment 2025 (Law 143/2025/QH15). It takes effect on its signing date and replaces Decree 31/2021/ND-CP, Decree 19/2025/ND-CP and Decree 239/2025/ND-CP — the first comprehensive overhaul of Vietnam's general FDI-licensing framework since 2021. The decree operationalises the new Special Investment Procedure (a registration-and-commitment fast-track in industrial parks, export-processing zones, hi-tech parks, concentrated digital- technology zones, free-trade zones, international financial centres and economic-zone functional areas) and details the list of 16 specially-incentivised sectors covering semiconductor and chip manufacturing, AI, big data, digital technology and high-tech R&D. It also rewrites foreign-investor market-access conditions, document procedures and dispute / grievance mechanisms.
On 11 March 2026 USTR Ambassador Jamieson Greer initiated parallel Section 301 investigations into the acts, policies, and practices of 16 economies — China, the European Union, Singapore, Switzerland, Norway, Indonesia, Malaysia, Cambodia, Thailand, Korea, Vietnam, Taiwan, Bangladesh, Mexico, Japan, and India — relating to structural excess capacity and overproduction in manufacturing sectors. The Federal Register notice (FR doc 2026-05214; dockets USTR-2026-0067 and USTR-2026-0068) was published on 17 March 2026. Covered sectors include aluminum, automobiles, batteries, cement, chemicals, electronics, energy goods, glass, machine tools, machinery, paper, plastics, processed food and beverages, robotics, satellites, semiconductors, ships, solar modules, steel, and transportation equipment. Written comments were due by 15 April 2026; USTR held the public hearing beginning 5 May 2026. This is the most sweeping multi-economy Section 301 initiative since the 2018 China investigation and is structurally distinct from the China-only 2024-05-14 §301 tariff hikes and the 2025-07-15 Brazil §301 investigation.
President Trump signed a Presidential Proclamation on 20 February 2026 invoking Section 122 of the Trade Act of 1974 (19 U.S.C. § 2132) to impose a temporary 10% ad-valorem import surcharge on articles imported into the United States, effective 12:01 a.m. EST on 24 February 2026. The proclamation was issued within hours of the US Supreme Court's 20 February 2026 ruling in Learning Resources, Inc. v. Trump, which held that the International Emergency Economic Powers Act (IEEPA) does not authorize the president to set tariffs and vacated the IEEPA-based reciprocal-tariff regime previously in effect. The Section 122 surcharge is statutorily limited to 150 days (terminates 24 July 2026 absent Congressional extension) and the statute caps any such surcharge at 15% ad valorem. Goods qualifying as USMCA originating from Canada or Mexico are exempt; CAFTA-DR textile/apparel articles meeting specified rules of origin are exempt; and a substantial product-exception list excludes critical minerals, energy products, certain pharmaceuticals, electronics, vehicles, aerospace products, specified agricultural goods, and goods already subject to Section 232 duties (the Section 122 duty does not stack on Section 232).
On 29 January 2026, European Council President António Costa and Vietnamese Prime Minister Phạm Minh Chính signed a Joint Statement in Hanoi upgrading EU-Vietnam bilateral relations to a Comprehensive Strategic Partnership (CSP) — the highest tier in Vietnam's diplomatic hierarchy, placing the EU on the same level as Vietnam's CSPs with China, Russia, India, South Korea, Japan, Australia, France, and the United States. The CSP establishes a reinforced bilateral cooperation framework spanning critical raw materials, semiconductor supply chains, artificial intelligence, trusted 5G infrastructure, climate and energy transition, security and defence (including cyber and maritime), and full implementation of the 2019 EU-Vietnam Free Trade Agreement (EVFTA) tariff-elimination schedule plus ratification of the EU-Vietnam Investment Protection Agreement (EVIPA). It is the EU's eleventh CSP globally and its second in Southeast Asia (after Singapore, 2024), and constitutes the foundational bilateral parent framework for all future EU-Vietnam cooperation under the EU Critical Raw Materials Act (CRMA) Article 13 third-country strategic-project designation pipeline, given Vietnam's approximately 22 Mt rare-earth reserves — the world's second-largest deposit after China.
On 26 January 2026 Vietnam's Ministry of Industry and Trade issued Circular No. 04/2026/TT-BCT, setting the 2026 in-quota tariff-rate quota (TRQ) for raw-tobacco imports (HS 2401) at 79,199 tonnes, a roughly 5% increase over the 2025 quota of 75,427 tonnes. The circular took effect 15 March 2026 and runs through 31 December 2026, with allocation administered via import licences under Decree No. 69/2018/NĐ-CP and Circular No. 12/2018/TT-BCT. The annual increase follows Vietnam's WTO tariff-rate-quota commitment schedule for raw tobacco rather than a discretionary policy shift.
On 19 January 2026 the Government of Vietnam issued Decree No. 29/2026/ND-CP, establishing the regulatory architecture for Vietnam's first domestic carbon trading exchange. The decree (6 chapters, 35 articles) governs registration, domestic coding, ownership transfer, custody, trading and settlement of greenhouse gas (GHG) emission quotas and eligible carbon credits. The Hanoi Stock Exchange (HNX) operates the trading platform and the Vietnam Securities Depository and Clearing Corporation (VSDC) handles registration, custody and settlement, with a pilot phase running through 31 December 2028 (no exchange-services fee) ahead of full commercialisation from 1 January 2029.
The US Department of Commerce issued affirmative preliminary countervailing duty (CVD) determinations on hardwood and decorative plywood from China, Indonesia, and Vietnam, finding countervailable government subsidies in all three countries. Preliminary subsidy rates are 81.34% for China, 2.40% to 128.66% for Indonesia (case-by-case, non-cooperating producer PT Mustika Buana Sejahtera at the top of the range), and 4.37% to 26.75% for Vietnam. Commerce published the determinations in the Federal Register on 22 January 2026, triggering CBP collection of cash deposits at these rates pending final determinations. A parallel antidumping (AD) investigation on the same product and countries runs on a separate track (see responds_to) with preliminary AD margins of 187.27% (China), up to 84.94% (Indonesia), and 196.14% (Vietnam) announced 25 February 2026 — AD and CVD duties stack cumulatively.
On 15 January 2026 the Government of Vietnam issued Decree No. 20/2026/ND-CP, providing detailed implementing regulations for National Assembly Resolution 198/2025/QH15 (17 May 2025) on special mechanisms and policies for the development of the private economic sector. The decree (6 chapters, 17 articles) introduces a synchronized incentive framework covering corporate and personal income tax exemptions, land-access support, science/technology and digital transformation support, and human-resource training. SMEs registering for the first time are exempt from corporate income tax for three consecutive years; innovative startups receive a full CIT exemption for two years followed by a 50% reduction for four years; eligible experts and scientists at innovative startups, R&D centers, and intermediary organizations receive a personal income tax exemption for two years followed by a 50% reduction for four years. The decree took effect on the date of signature, with CIT/PIT incentive provisions retroactively applicable from 17 May 2025 (the effective date of Resolution 198/2025/QH15).
On 14 January 2026 President Trump issued a Presidential Proclamation under Section 232 of the Trade Expansion Act of 1962 imposing a 25% ad valorem tariff on imports of certain advanced computing chips and their derivative products, effective 12:01 a.m. EST on 15 January 2026. The measure adopts findings of the Section 232 investigation initiated 1 April 2025 (Department of Commerce report transmitted 22 December 2025) into semiconductors, semiconductor manufacturing equipment, and derivative products. Coverage is narrowly drawn to high-performance AI accelerators meeting specified technical parameters (publicly characterised as covering devices in the NVIDIA H200 / AMD MI325X performance tier), with broad use-based exemptions for chips going into US data centres, US R&D, US repairs, and other uses deemed to strengthen domestic supply chains.
The US Department of Commerce issued a countervailing duty (CVD) order on steel concrete reinforcing bar (rebar) from Algeria, effective 6 July 2026, imposing a 72.94% subsidy-offset rate on Tosyali Iron Steel Industry Algeria SPA and, by default, all other Algerian producers — a rate based on facts available with adverse inferences after the Algerian government and/or exporters did not fully cooperate with Commerce's subsidy questionnaires. Because USTR determined Algeria is not a "Subsidies Agreement country," the US ITC was not required to make an injury determination, so the CVD order took effect on Commerce's final subsidy determination alone. This is a separate legal track from the parallel antidumping case on the same product (see responds_to) — the AD investigation used a 127.32% margin, the CVD order uses 72.94%, and both stack as cumulative duties on Algerian rebar. Parallel countervailing-duty investigations on Egypt and Vietnam remained at the preliminary stage as of Commerce's 13 January 2026 determinations, with net subsidy rates set at 29.51% (Egypt) and 1.08% (Vietnam); these are provisional cash-deposit rates pending each country's final CVD determination.
On 12 January 2026 Switzerland's Federal Department of Economic Affairs, Education and Research (WBF) amended Annexes 8, 14, 15b and 33 of the Ordinance on Measures in Connection with the Situation in Ukraine, with effect from 23:00 on 13 January 2026. The amendment adds 5 natural persons, 4 organisations (one Vietnam-based, three based in the UAE and Russia), and 41 vessels to the asset-freeze and port-access-prohibition annexes, and makes technical corrections to 7 existing entries. The measure is a routine incremental listing update continuing Switzerland's autonomous alignment with the EU's Russia sanctions regime, following the first EU 19th-package tranche adopted 12 December 2025 ([switzerland-19th-eu-sanctions-package-december-listings](2025-12-12-switzerland-19th-eu-sanctions-package-december-listings.md)) and preceding the substantive package completion of 25 February 2026 ([switzerland-19th-eu-sanctions-package-russia-belarus](2026-02-25-switzerland-19th-eu-sanctions-package-russia-belarus.md)).
Decree 353/2025/NĐ-CP is the principal implementing instrument of Vietnam's Law on Digital Technology Industry (Law No. 71/2025/QH15), effective 1 January 2026 — the same date as the parent statute. The decree's five chapters and 36 articles operationalise three pillars: (i) a comprehensive State-support and preferential-incentive framework for products, services, and infrastructure across the semiconductor, AI, cloud, fintech, and e-commerce sectors; (ii) a high-quality-human-resources development framework covering training funds, scholarship schemes, and foreign-expert visa fast-tracks; and (iii) Vietnam's first statutory innovation sandbox, allowing organisations to deploy new digital products and business models under time- and scope-limited regulatory carve-outs where current law has not kept pace with practice.
The Ministry of Finance, Department of Revenue (Central Board of Indirect Taxes and Customs) issued Notification No. 02/2025-Customs (SG) dated 30 December 2025, imposing a definitive three-year safeguard duty on imports of "Non-Alloy and Alloy Steel Flat Products" classified under Customs Tariff headings 7208, 7209, 7210, 7211, 7212, 7225 and 7226 (hot-rolled coils/sheets/plates, hot-rolled plate-mill plates, cold-rolled coils/sheets, metallic coated sheets including galvanneal and aluminium-zinc coated, and colour-coated coils/sheets). Duty rates are graduated: 12% ad valorem for 21 April 2025 – 20 April 2026, 11.5% for 21 April 2026 – 20 April 2027, and 11% for 21 April 2027 – 20 April 2028. The notification implements the final findings of the Director General (Trade Remedies) (DGTR notification 22/01/2024-DGTR dated 16 August 2025) which concluded that imports of subject goods rose from 2.293 mt in FY 2021-22 to 6.612 mt during the period of investigation, causing serious injury and threat of serious injury to the domestic industry. The definitive measure supersedes the provisional 200-day safeguard duty imposed at 12% ad valorem from 21 April 2025 by Notification 01/2025-Customs (SG); no safeguard duty applies for the interim period between expiry of the provisional duty (early November 2025) and the day preceding Gazette publication of the definitive notification. Imports from developing-country WTO members are exempt unless the share of any individual developing country exceeds 3% of total imports of the subject goods, or the collective share of developing countries exceeding 3% individually exceeds 9% — the China and Vietnam carve-outs from this exemption preserve full applicability of the duty to the dominant cheap-import sources.
Decree reforming various tariff fractions of the General Import and Export Duties Tariff (TIGIE), published in the Diario Oficial de la Federación on 29 December 2025 and in force 1 January 2026. The reform, approved by Congress as a statutory amendment to the LIGIE (Chamber of Deputies and Senate, Dec 2025) and signed by President Claudia Sheinbaum, raises MFN import duties to between 5% and 50% ad valorem on 1,463 tariff lines covering more than 20 chapters of the TIGIE, spanning automotive, auto parts, textiles, apparel, footwear, steel, aluminum, plastics, paper, leather, furniture, glass, toys, appliances and cosmetics. The increases apply only to goods originating in countries without a free trade agreement with Mexico — principally China, South Korea, India, Vietnam, Thailand, Brazil, Indonesia, Chinese Taipei, the UAE, and South Africa. The decree formalises at statutory level the September 2024 Sheinbaum executive order placing a 50% duty on finished passenger vehicles from non-FTA states and is framed by the Secretaría de Economía and SHCP as the operational tariff instrument of Plan México (2025-01-21).
On 24 December 2025 the Minister of Science and Technology signed Decision No. 4386/QĐ-BKHCN defining the functions, tasks, and organisational structure of the Vietnam National Multi-Project Wafer Coordination Centre (VNMPW/CC). The Centre sits under MOST's Authority of Information Technology Industry and acts as a coordinating hub between domestic chip-design firms, research institutes, and domestic / foreign fabrication and packaging partners. It provides shared EDA software access, IP libraries, technical design verification, performance measurement, training programmes, and pilot-production (MPW shuttle) support — the first concrete institutional node operationalising Vietnam's 2024 semiconductor strategy (Decision 1018/QĐ-TTg).
On 15 December 2025 the Council of the European Union adopted Council Implementing Regulation (EU) 2025/2588 and Council Decision (CFSP) 2025/2594, giving effect to Regulation (EU) No 269/2014 (Ukraine territorial-integrity asset-freeze regime) by adding 9 new designations: 5 individuals who own or control companies enabling Russian oil shipments and controlling a significant share of Russia's "shadow fleet," and 4 shipping companies headquartered in Russia, the United Arab Emirates and Vietnam that manage shadow-fleet tankers and engage in irregular, high-risk shipping practices. Listed persons and entities are subject to an EU asset freeze (and, for the individuals, a travel ban); EU persons and companies are prohibited from making funds or economic resources available to them.
Vietnam's 15th National Assembly adopted Law No. 147/2025/QH15 ("Law amending and supplementing some articles of the Law on Geology and Minerals") on 11 December 2025 by 421 of 432 deputies in favour (89.01%), at the 10th session, with effect from 1 January 2026. The amendment slots a dedicated rare-earth framework into the parent Law No. 54/2024/QH15, classifying rare earths as "special strategic" minerals subject to strict state management. Raw rare-earth ore export is prohibited; only state-designated or state-approved enterprises may explore, exploit, process and use rare earths; all activity must conform to a national rare-earth strategy and master plan. The state centralises geological data, regulates rare-earth import/export flows according to national needs, and builds strategic stockpiles. The amendment converts the 2024 framework law's general domestic-supply priority into an explicit raw-export ban for the world's second-largest known rare-earth resource holder.
Vietnam's 15th National Assembly adopted the Law on Investment 2025 (Law No. 143/2025/QH15) at its 10th session on 11 December 2025, effective 1 March 2026. The law replaces the 2020 Law on Investment (Law 61/2020/QH14) as the umbrella FDI framework. Article 19 lets foreign investors establish enterprises in Vietnam without a prior investment project, unlocking holding-company / regional-headquarters structures. A fast-track Special Investment Procedure (SIP) covers industrial parks, export-processing zones, hi-tech parks, concentrated digital-technology zones, free-trade zones, international financial centres and economic-zone functional areas, targeting semiconductor, data-centre and 5G/digital-infrastructure capex. Appendix IV abolishes 38 conditional business sectors and adjusts 20 others (from 1 July 2026 only 199 conditional sectors remain). Operationalised by Decree 96/2026/ND-CP (issued and effective 31 March 2026) and Decree 103/2026/ND-CP for outbound investment.
On 10 December 2025 the National Assembly of Vietnam adopted Law No. 134/2025/QH15 on Artificial Intelligence (8 chapters, 35 articles), Vietnam's first dedicated AI statutory framework and one of the first comprehensive horizontal AI laws in Southeast Asia. The law establishes a three-tier risk-based regulatory architecture (high / medium / low) for the research, development, provision, deployment, and use of AI systems; defines the rights and obligations of providers, deployers, importers, distributors, and users; and mandates state oversight via the Ministry of Information & Communications and Ministry of Science & Technology. Prohibited acts include systematic deception, manipulation of human perception, generation of fake content endangering national security, exploitation of vulnerable populations, and obstruction of human-supervision mechanisms. The law applies to Vietnamese agencies, organizations, and individuals as well as foreign organizations and individuals involved in AI-related activities in Vietnam, taking effect 1 March 2026 with 12-18 month transition windows for existing systems depending on sector.
Vietnam's National Assembly passed Law on Cybersecurity No. 116/2025/QH15 on 10 December 2025 (434 of 443 deputies in favour), effective 1 July 2026. The law supersedes both the 2018 Cybersecurity Law (Law 24/2018/QH14) and the 2015 Law on Cyber Information Security, consolidating cybersecurity, cyber-information-security, and network-information-security into a unified Ministry of Public Security-led framework. It retains data-localization obligations for foreign digital-service providers handling personal data, user-generated content, and relationship graphs of Vietnamese users (minimum 24-month retention), introduces 6-hour urgent / 24-hour standard content take-down windows on MPS request, expressly prohibits AI/deepfake forgery of images, voices, and videos for illegal purposes, and mandates child-safety platform measures.
On 26 November 2025 Prime Minister Mark Carney announced a package of measures to protect Canada's steel and softwood lumber industries, effective 26 December 2025. For steel, Canada tightened the tariff-rate quota (TRQ) available to countries without a Canada free trade agreement from 50% to 20% of 2024 import levels, and cut the TRQ for FTA partners outside CUSMA (i.e. not the US/Mexico) from 100% to 75% of 2024 levels; imports above quota face a 50% surtax. A new 25% tariff on the full value of listed steel-derivative products (doors, windows, fasteners, structural components and related goods) applies to all countries, covering an estimated CAD 10 billion+ of derivative imports. For softwood lumber, Canada added CAD 500 million to the BDC Softwood Lumber Guarantee Program (bringing it to CAD 1.2 billion) and earmarked a further CAD 500 million under the Large Enterprise Tariff Loan facility for lumber-sector liquidity support.
Pakistan's Directorate General of Customs Valuation (Karachi), acting under the Federal Board of Revenue, issued Valuation Ruling No. 2023/2025 on 5 November 2025 (C.No. Misc/12/2025-I/1073), fixing new minimum customs values under Section 25A of the Customs Act, 1969 for imported Zirconium Silicate (PCT 2530.9020): US$2.084/kg (C&F) for China, Thailand, Indonesia, Malaysia and Vietnam-origin shipments, and US$2.200/kg for Europe/USA-origin shipments. The ruling followed a finding that declared import values — as low as US$0.35/kg from China against a China/Europe international benchmark of US$1.70-1.82/kg for the constituent raw material (Zircon Sand) — were substantially below prevailing international market prices, and names China as the "global benchmark" origin used to set the floor.
Following an anti-dumping investigation initiated 6 February 2025 (petition by domestic producer CSC Steel Sdn Bhd) and an affirmative preliminary determination imposing provisional duties from 5 July 2025, Malaysia's Ministry of Investment, Trade and Industry (MITI) issued an affirmative final determination and imposed DEFINITIVE anti-dumping duties on imports of galvanised iron/steel coils and sheets (flat-rolled products of alloy or non-alloy steel, plated or coated with zinc via the hot-dip process) originating in or exported from China, South Korea and Vietnam. The measure runs for five years, 1 November 2025 to 31 October 2030, and is enforced by the Royal Malaysian Customs Department under the Countervailing and Anti-Dumping Duties Act 1993 and its 1994 Regulations. Definitive duty rates: China 5.60%-26.80%; South Korea 2.21%-31.47%; Vietnam -14.17% (de minimis/negative for some exporters) to 57.90%.
On 10 October 2025 Vietnam's Government issued Decree No. 259/2025/NĐ-CP, establishing the country's first comprehensive statutory framework for strategic trade control — covering the export, temporary import for re-export, transshipment, transit, and cross-border trade of strategic goods defined as: (a) WMD-related items, (b) conventional weapons, and (c) dual-use goods spanning nuclear, electronics, telecommunications, sensors, aviation, maritime, aerospace, biochemical, metals, and chemical categories. The decree creates a Ministry of Industry and Trade (MoIT) licensing regime with an ICP (Internal Compliance Programme) fast-track for certified exporters of two or more years' standing, and includes catch-all provisions requiring licensing even for unlisted goods where WMD end-use or a designated end-user is suspected. Structurally, the decree represents Vietnam's transition from ad-hoc export-management provisions under legacy Decree 69/2018/NĐ-CP to a unified strategic-trade-control architecture analytically aligned with the Wassenaar Arrangement, Australia Group, Nuclear Suppliers Group, and MTCR control-list architecture. It positions Vietnam as a compliant strategic-goods manufacturing hub within the US-led friend-shoring supply chain, directly preceding the US announcement in February 2026 of Vietnam's removal from EAR Country Groups D:1–D:3.
On 30 September 2025, Vietnam Development Bank (VDB) — the state policy bank — signed a strategic cooperation agreement with two major private conglomerates, Son Hai Group and Truong Hai Group (Truong Hai Auto Corporation / THACO), committing up to VND 100 trillion (~USD 3.8 billion) in credit financing over 2025-2030 for national transport-infrastructure projects. The same signing event executed a specific credit contract under which VDB's Dak Lak branch finances up to VND 4.975 trillion of the VND 8.4 trillion Dau Giay-Tan Phu Expressway (part of the Eastern North-South Expressway corridor linking Ho Chi Minh City, Dong Nai, Lam Dong and the Central Highlands). The arrangement channels concessional state development-bank credit to two designated national champions for long-term infrastructure build-out.
Brazil's Foreign Trade Executive Committee (GECEX/CAMEX) imposed definitive anti-dumping duties for up to five years on imports of synthetic polyester fibres (NCM 5503.20.90) from China, India, Thailand, and Vietnam, following a petition filed by ABRAFAS (Brazilian Association of Artificial and Synthetic Fibre Producers) in October 2023 and a six-month provisional measure (Resolução Gecex 653/2024) applied from October 2024. Duties are levied as specific tariffs in USD per metric tonne: China residual USD 390.94/t (Zhejiang Hengyi group USD 74.98/t), India USD 194.69/t, Thailand USD 171.21/t, Vietnam USD 297.95/t. Two named exporters — Zhongthai Chemical Fiber Co., Ltd. (Thailand) and Vietnam New Century Polyester Fibre Co., Ltd. (Vietnam) — are explicitly excluded from the measure.
On 23 July 2025, the Quang Binh Branch of the Vietnam Development Bank (VDB) signed an investment credit loan agreement with Hon La Port Joint Stock Company for VND 818.651 billion (~USD 31.2 million), financing part of the VND 2,299 billion Hon La International General Port Project in Dong Hoi City, Quang Binh Province. The loan carries a 20-year term and finances a two-phase, 39.22-hectare port development with four berths for vessels up to 70,000 DWT, intended to serve the Hon La Economic Zone and regional transshipment needs.
Vietnam's government issued Decree 199/2025/NĐ-CP on 8 July 2025, amending Decree 26/2023/NĐ-CP's Export Tariff and Preferential Import Tariff Schedules. The headline change is a staged export-tax increase on yellow phosphorus, from 5% currently to 10% effective 1 January 2026 and 15% effective 1 January 2027 — a resource-nationalism measure to discourage raw export of an input used in electronics, agrochemical, and specialty- chemical production. The decree also narrows the 0% preferential import tariff window for tin-mill blackplate (TMBP) steel to end-August 2025 and adjusts minimum-production-volume conditions for the auto-parts tariff incentive programme covering electric, hybrid, and fuel-cell vehicle manufacturing/assembly.
Vietnam's Ministry of Industry and Trade (MoIT), acting through the Trade Remedies Authority of Vietnam (TRAV), issued Decision 1959/QĐ-BCT on 4 July 2025, imposing definitive anti-dumping duties of 23.10%–27.83% on imports of certain hot-rolled steel coils (HRC) of width up to 1,880 mm originating in China. The measure covers the definitive phase of case AD20, remains in force for five years (to ~July 2030), and simultaneously terminated the parallel investigation on Indian-origin HRC (no duties on India). The same date saw Decision 1958/QĐ-BCT reject a Chinese producer price undertaking proposal.
Vietnam's Government adopted Decree 193/2025/ND-CP on 2 July 2025 (effective retroactively from 1 July 2025) as the primary operational statute elaborating the Law on Geology and Minerals No. 54/2024/QH15. The decree decentralises licensing for most mineral categories to provincial People's Committees while preserving central Ministry of Agriculture and Environment (MAE) authority over strategic and critical minerals, including rare earths, gold, uranium, and thorium. It codifies a three-tier Group I/II/III mineral classification, imposes a 100% financial-capacity bond requirement for exploration licences, sets a 40-working-day processing deadline, and defines the closed-enterprise framework that makes Vietnam's 1 January 2026 raw rare-earth export ban operationally enforceable through a Prime-Minister-designated list of licensed enterprises.
Vietnam's government issued Decree No. 160/2025/ND-CP establishing the National Data Development Fund, a non-budget state financial fund capitalised at VND 1 trillion (approx. USD 38.3 million). The fund, administered by the Ministry of Public Security, provides subsidised loans, interest-payment support, and grants — delegated through state-owned commercial and policy banks — to develop and protect data infrastructure and to support AI, big data, cloud computing, blockchain, and IoT projects serving state management and digital-transformation goals, with priority for rural and disadvantaged regions. The decree took effect 1 July 2025.
The National Assembly of Vietnam passed the Personal Data Protection Law (Luật Bảo vệ dữ liệu cá nhân), Law No. 91/2025/QH15, on 26 June 2025; it enters into force on 1 January 2026. The PDPL is Vietnam's first statutory (rather than decree-level) personal-data-protection framework, elevating the prior Decree 13/2023/ND-CP (PDPD) regime into a 5-chapter, 39-article primary statute and adding revenue-based administrative penalties of up to 5% of prior-year annual revenue for cross-border data-transfer violations and up to 10x illegal gains for unlawful data trading. The law is implemented by Decree 356/2025/ND-CP (issued 31 December 2025, effective 1 January 2026) and applies extraterritorially to foreign organisations offering services to or processing the personal data of Vietnam residents.
The US Department of Commerce initiated antidumping and countervailing duty investigations on steel concrete reinforcing bar (rebar) from Algeria, Bulgaria, Egypt, and Vietnam following a June 2025 petition by the Rebar Trade Action Coalition. On 19 December 2025, Commerce published its preliminary affirmative less-than-fair-value determination for Algeria, setting a 127.32% dumping margin (Tosyali Iron and Steel Industry — Algeria, applied to all other Algerian exporters) and requiring cash deposits at that rate. Parallel LTFV and countervailing-duty investigations on Bulgaria, Egypt, and Vietnam remained pending at the provisional/preliminary stage as of this determination, with Bulgaria and Egypt preliminary determinations later postponed to March 2026 (Egypt/Vietnam preliminary CVD margins of 29.51% and 1.08% respectively were set earlier in the case). The investigation covers rebar in straight-length or coil form (HTS-classified, excluding plain/smooth rounds), imported for use in reinforced-concrete construction. Algeria's period of investigation was April 2024–March 2025.
On 14 June 2025 Vietnam's 15th National Assembly adopted Law No. 71/2025/QH15 on the Digital Technology Industry (DTI Law) at its 9th session. The Law enters into force on 1 January 2026 (with certain provisions phased) and is the world's first standalone primary statute dedicated to the digital technology industry, covering digital-tech production and services, semiconductor manufacturing, artificial-intelligence systems, digital assets (legally recognised as property under the Civil Code), and Concentrated Digital Technology Zones. It codifies sector-specific incentives — multi-year corporate income tax reductions, R&D-cost deductions, preferential public procurement, five-year personal income tax exemption for high-quality digital professionals, five-year visa and work-permit exemptions for foreign experts, and 50% subsidy for SME advanced-technology acquisition — and sets headline targets of 150,000 digital-tech enterprises and USD 74bn digital-economy contribution by 2030/2035 (with USD 43bn / USD 74bn variants in different government summaries).
Indonesia's Ministry of Finance extended for a second three-year term the import safeguard duty (Bea Masuk Tindakan Pengamanan / BMTP) on expansible polystyrene (EPS) resin (HS 3903.11.10), via Peraturan Menteri Keuangan (PMK) No. 29 of 2025, effective 23 May 2025 to 22 May 2028. The extension follows a KPPI investigation opened 22 July 2024 that found the domestic industry still needed time to complete structural adjustment despite a fall in import volumes. The duty is a specific (per-kilogram) levy declining annually and applies to all source countries, principally Taiwan, China and Vietnam.
On 13 May 2025, Vietnam Development Bank's Transaction Office I (Sở Giao dịch I) signed a state investment credit contract for VND 317.2 billion (~USD 12.7 million) with Xuân Mai - Hà Nội Clean Water Transmission Company, a member of AquaOne Group. The loan covers roughly 40% of Phase 1A investment in the Xuân Mai water transmission pipeline and pump-station system, which will supply up to 300,000 m3/day to southwestern Hanoi (Hà Đông district and surrounding rural communes). VDB signed a parallel VND 523.9 billion loan the same day for the Hòa Bình 500kV transformer station project.
Vietnam's Ministry of Industry and Trade (MOIT) issued Decision 1231/QĐ-BCT on 5 May 2025, setting a maximum price of USD 0.093/kWh (approx. VND 2,430/kWh) for electricity imported from China through Vietnam's national grid. The decision implements the price-framework procedure established by MOIT Circular 09/2025/TT-BCT (effective 1 February 2025), which set out the process for building and approving generation and import price frameworks. Vietnam Electricity (EVN) must negotiate purchase contracts with Chinese suppliers within this ceiling "to economize on electricity purchase costs" (Article 2 of Decision 1231).
On 2025-04-30, Japan's METI certified a supply-assurance plan (certification no. 2025永久磁石第1号-1) under the Economic Security Promotion Act (ESPA) for Shin-Etsu Chemical Co., Ltd. and its foreign subsidiary Shin-Etsu Magnetic Materials Vietnam, covering "permanent magnets" as a designated specified critical material. The certified plan's stated goal is introducing rare-earth-recovery recycling equipment to process end-of-life magnets, with a disclosed maximum subsidy of approximately JPY 3.7 billion (~USD 25.94 million). The certification is one of a running series of magnet-sector ESPA supply plans METI has approved since 2022.
President Trump signed Executive Order 14257 on 2 April 2025 declaring a national emergency over US trade deficits and imposing a baseline 10% ad-valorem tariff on imports from nearly all trading partners effective 5 April, with higher country-specific "reciprocal" rates effective 9 April. The rate schedule was constructed from a formula tied to bilateral goods-trade deficits and ranged from 10% (UK, Singapore, Brazil, Australia, others) through 20% (EU), 24% (Japan), 25% (Korea), 32% (Taiwan, Indonesia, Switzerland), 34% (China, later raised to 84% then 125% during the April escalation), 46% (Vietnam), 49% (Cambodia). Multiple subsequent EOs paused the country-specific rates for 90 days for non-China destinations on 9 April while keeping the 10% baseline, pending bilateral negotiations.
Commission Implementing Regulation (EU) 2025/612 of 24 March 2025 amends the EU steel safeguard regime first imposed by Regulation (EU) 2019/159, materially tightening the tariff-rate quota (TRQ) system that governs imports across 26 product categories of finished and semi-finished steel. The Commission cuts the annual liberalisation rate (the volume by which TRQs grow each year) from 1% to 0.1%, effectively freezing the in-quota volumes available to third-country exporters at near-current levels through the safeguard's expiry on 30 June 2026. The regulation also repeals the carry-over mechanism that previously allowed unused quarterly TRQ volumes to roll into the next quarter for product categories under significant import pressure, and eliminates the ability of exporting countries to access the residual (other-country) quota in the final quarter of each safeguard year for those categories. The latter change forecloses the route by which Chinese, Indian, Turkish, Korean and Vietnamese mills had increasingly back-filled into unused Russian and Belarusian quota allocations after the 2022 sanctions disruption. Most adjustments enter into force on 1 April 2025; the slower liberalisation pace and the carry-over removal in the most pressured categories take effect 1 July 2025. The measure is the headline trade-policy deliverable of the European Steel and Metals Action Plan unveiled by the Commission on 19 March 2025, and it is explicitly framed as a defensive response to (i) global overcapacity in Chinese steel and (ii) anticipated trade diversion into the EU after the United States reinstated universal 25% Section 232 steel/aluminum tariffs on 12 March 2025. Above-quota imports remain subject to the 25% out-of-quota duty inherited from the 2019 safeguard.
On 19 February 2025 Vietnam's 15th National Assembly adopted Resolution 193/2025/QH15 at its 9th Extraordinary Session, establishing 12 pilot policy categories that operationalise the Politburo's December 2024 Resolution 57-NQ/TW without requiring full-statute enactment. The resolution's most structurally novel element is an R&D risk-acceptance framework — the first in Southeast Asia — that exempts organisations and individuals from civil liability for damage caused to the State in the course of state-funded R&D activities conducted in compliance with prescribed procedures, directly addressing Vietnam's long-standing chilling effect on state-sector innovation. Additional pilots cover expedited procurement for sci-tech and digital-transformation projects, special tax and immigration incentives for high-skilled AI/semiconductor/ quantum R&D personnel, accelerated permitting pathways for priority-sector R&D investments, a start-up grant and venture framework, and an open-data regime for state-held datasets. Implementing Decree 88/2025/ND-CP was issued shortly after adoption; the resolution provides the legal-framework architecture that complements the financial-instrument side (Decree 182/2024/ND-CP, VND 30 trillion Investment Support Fund) and the sectoral-law cluster enacted in late 2025.