Catfish exports are flourishing, but trade protectionism and unfavourable information campaigns also make the industry unstable. Maintaining the quality and facilitating brand building for catfish is a sustainable and long-term direction for the industry, experts have suggested.
The relationship between Vietnam and the US continues to develop effectively in many areas, of which economic and trade cooperation is one of the focuses, said Deputy Prime Minister Vuong Dinh Hue.
The Ministry of Industry and Trade on March 30 officially decided to levy anti-dumping duties on imported coated steel from mainland China (including Hong Kong) and the Republic of Korea (RoK).
Four Vietnamese steelmakers- including China Steel Sumikin Vietnam JSC, Phuong Nam Co. Ltd., Nam Kim Steel JSC, and Dong A Steel JSC- continued to demand new measures to prevent coated steel sheets shipped from mainland China and the Republic of Korea from being sold at cheap prices in the market.
Two US steelmakers have requested the US Department of Commerce (DOC) check whether China is circumventing antidumping and countervailing duties on cold-rolled steel coils and corrosion-resistant sheets by processing hot-rolled coil in Vietnam.
The Turkish Ministry of Economy has confirmed that three Vietnamese exporters of welded cold-rolled stainless steel pipes did not circumvent anti-dumping duties, according to the Vietnam Competition Authority.
Vietnamese plastic firms that import polypropylene as production material can reduce their production costs as the finance ministry has reduced the tax on polypropylene by 2%.
Foreign trade experienced difficulties as exports of many key commodities tumbled in the first quarter of 2015, according to the Ministry of Industry and Trade (MOIT).
The State Bank of Viet Nam (SBV)'s foreign exchange policy will be based on macroeconomic management and harmonised with the benefits of all industries and sectors, and not exports alone.