Tags: tariffs

Outlook for Asian steel industry is negative for 2017

Outlook for Asian steel industry is negative for 2017

VOV.VN - The outlook for the Asian steel industry for 2017 has been lowered to negative says US Moody’s Investors Service in a new report, as global prices of steel collapse across all grades and utilization weakens.

Vietnam takes larger slice of EU, ASEAN market share

Vietnam takes larger slice of EU, ASEAN market share

VOV.VN -Vietnam took market share of EU trade away from other ASEAN nations in 2015, a trend that appears likely to continue in light of a free trade agreement it concluded with the regional bloc earlier in 2016.

Tariffs cut for Japanese imports

Tariffs cut for Japanese imports

Vietnam’s new import tariff, part of the Vietnam-Japan Economic Partnership Agreement (VJEPA) for 2016-19, has come into force.

Tariffs fail to reduce cheap steel

Tariffs fail to reduce cheap steel

Despite imposing additional tariffs on imported steel billets and rods, Vietnam has failed to stem the influx of imported steel, mainly from China whose suppliers are offloading products cheaply due to oversupply in their domestic market.

Manufacturers worry about steel price hikes

Manufacturers worry about steel price hikes

While the imposition of additional tariffs on imported steel products as a temporary safeguard against cheap imports since March was meant to protect the local steel industry, consumers and firms that use steel for their production are worried about steel price hikes in the local market.

Vietnam soft goods industry faces hard times

Vietnam soft goods industry faces hard times

VOV.VN -While the country has enjoyed a dominant position in shoes, apparel and household textiles manufacturing for several years, makers of these items report they are now seeing signs of an economic slowdown.

EU free trade pact upends Vietnam agriculture

EU free trade pact upends Vietnam agriculture

VOV.VN - Agricultural produce in Vietnam will face increasingly stiff competition from the EU as an expansive free trade agreement eliminates import tariffs on substantially all products traded between the two economies over the next five years.

Vietnam’s green produce has real chance in US

Vietnam’s green produce has real chance in US

Vietnam has increasingly seen U.S. demand for its agricultural products rise, and has the chance to penetrate this market thanks to the Trans-Pacific Partnership (TPP) trade deal, US Agriculture Secretary Tom Vilsack has said.

Steel prices surge ahead of tariffs

Steel prices surge ahead of tariffs

The domestic steel market has seen a price surge and hoarding before temporary safeguard measures recently imposed on two types of steel imports into the Southeast Asian country, experts said.

Vietnam’s sole refinery forced out of business

Vietnam’s sole refinery forced out of business

Dung Quat refinery may have to close temporarily because its main products, diesel and Jet A1 fuel, cannot compete with imported counterparts since the tariff on diesel and Jet A1 from ASEAN member states has been eliminated, starting from 2016.

Half Vietnam’s auto imports come from India

Half Vietnam’s auto imports come from India

India accounted for almost half the volume of completely built-up (CBU) passenger cars Vietnam imported last year despite lower tariffs on vehicles from ASEAN countries.