The EVFTA was signed and officially entered into force on August 1, 2020. The content of trade remedies is specified in chapter 3 of the Agreement, including measures to protect members’ domestic production industry protection in the event of unfair competition (dumping/subsidy) and/or a sudden increase in imported goods, leading to damage to the domestic industry due to the implementation the Agreement.

Ordinance No. 42/2002/PL-UBTVQH10 of May 25, 2002 on safeguards in the import of foreign goods into Vietnam

Decree No. 150/2003/ND-CP OF December 8, 2003 detailing the implementation of the Ordinance on safeguards in the import of foreign goods into Vietnam

Article XIX of the General Agreement allows a GATT member to take a “safeguard” action to protect a specific domestic industry from an unforeseen increase of imports of any product which is causing, or which is likely to cause, serious injury to the industry.