The increase in Vietnam’s exports in recent years may prompt import countries to activate trade remedies against Vietnam’s products.

A workshop was held in Hanoi on October 27 to discuss trade remedies - a tool to protect the interests of domestic production industries amid Vietnam’s ongoing integration into the world economy.

As Vietnam is continuously increasing its presence and exploring new export markets, applied trade remedies against domestic producers and their goods have become more frequent.

Vietnam’s export goods face more trade remedies in the process of deep economic integration, so the Ministry of Industry and Trade has developed solutions for the situation.

Minister of Industry and Trade Tran Tuan Anh has asked agencies to implement measures on trade remedies, import and export management and strengthen market management for sugar products.

The Ministry of Industry and Trade’s Trade Remedies Authority of Vietnam sent a letter opposing several contents in the Indonesia's draft conclusions of an anti-dumping investigation on colour-coated steel sheet products imported from Vietnam and China.

VOV.VN - Aside from enjoying preferential tariffs brought about by the European-Vietnam Free Trade Agreement (EVFTA), local steel firms have been advised to update their technologies and meet rules on product origin in order to make inroads into the EU.

With free trade agreements (FTAs) coming into force, countries around the world have also increased technical barriers to protect their domestic industries, exposing many Vietnamese businesses to the risk of losing markets if they lack preparations.