Online discussion "Notes when exporting to the US market"
Along with the growth of Vietnam's export turnover to the United States, in recent years Vietnamese businesses have also faced more and more difficulties and challenges when exporting to this market. These include trade defense measures such as anti-dumping or anti-subsidy, anti-fraud of origin and transshipment of goods, improving technical standards, intellectual property, labor...
Regarding trade defense issues, in addition to traditional investigations, in the past 3 years, the United States has had a clear increase in investigation activities of anti-evasion measures implemented by the US Department of Commerce. Detect and investigate origin fraud and combat the use of forced labor by US Customs. In addition, in the context of a difficult global economy and the risk of falling into recession, Vietnamese export businesses face an increase in many fraudulent tricks, especially international payments…

Therefore, Vietnamese export businesses need to pay attention to learning and updating US legal regulations, especially regulations that have a significant impact on market access such as regulations on trade defense. trade, epidemic prevention hygiene, technical standards, origin or regulations related to labor use standards... Besides, in order to minimize risks in the process of exporting to this market , in the process of trading with the United States, businesses need to be careful in finding partners and negotiating contracts; It is necessary to use legal consulting services to obtain quality information to assess the financial situation and reliability of US partners; Limit third party (broker) payments; and should limit the use of sample contracts provided by the counterparty or alternative documents to contracts such as PO, Commercial Invoice because these documents do not have provisions to ensure dispute resolution or to bind and ensure partners' obligations...
For bankruptcy cases in particular, Vietnamese businesses need to proactively find out information about the case early through available information channels as well as seek and negotiate with lawyers to avoid falling into a vulnerable position. dynamic, leaving little time to prepare for the lawsuit and affecting the final outcome.
Minh Toan