Vietnam faces 14 trade safeguard lawsuits
VOV.VN - Vietnam faced 14 trade safeguard lawsuits, including 12 anti-dumping lawsuits last year, up 140% compared to the previous year, according to the Vietnam Competition Authority (VCA - Ministry of Industry and Trade).
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It analysed as local exporters and trade associations are not fully unaware of international laws and regulations, particularly safeguard measures, they have failed to proactively capture and use safeguard tools to protect their legitimate rights in international trade.
Meanwhile, Vietnamese trade safeguard officials are not capable enough to meet actual requirements, the VCA said.
These weaknesses made the number of lawsuits rise seven cases compared to previous years.
