VOV.VN - Last year saw the export turnover of timber and wood products to the United States reach an estimated US$8.8 billion, a rise of 22.4% compared to 2020.
VOV.VN - The Regional Comprehensive Economic Partnership (RCEP), which came into force as of January 1, is expected to provide a fresh impetus to enhancing trade activities and boosting economic recovery in the post-pandemic period.
VOV.VN - Alongside the efforts of local businesses to improve product quality and diversify markets, their proactive use of trade remedy tools aims to establish a fair competition environment whilst protecting the legitimate interests of many domestic manufacturing industries.
Trade remedies should be utilised more and in a more effective way to ensure fair competition and protect domestic production in the context of Vietnam’s deeper integration into the global economy through joining more free trade agreements (FTAs), according to experts.
Vietnam has taken various measures in a bid to protect the interest of Vietnamese products and exporters in the EU markets, according to the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade (MoIT).
Vietnam has set a target of amending the Law on Foreign Trade Management and relevant legal documents related to trade remedies or building a Law on Trade Remedies by 2030.
The Trade Remedies Authorities of Vietnam has recommended domestic enterprises to prepare legal knowledge and resources to deal with potential lawsuits from export markets, particularly in the Association of Southeast Asian Nations (ASEAN).
The Ministry of Industry and Trade (MoIT) on September 21 issued a decision to investigate the evasion of trade remedies for cane sugar products originating from Thailand after considering requests from domestic sugar producers.
VOV.VN - The US has unveiled an extension to the time limit for issuing the final conclusion of the anti-dumping and anti-subsidy probe into stainless steel plates originating from the nation, according to the Trade Remedies Authority of Vietnam.
VOV.VN - The Ministry of Industry and Trade (MoIT) received requests on September 1 from the Vietnam Sugar Association and six domestic producers for an investigation into the trade remedy evasion for cane sugar products which originate from Thailand.