Türkiye is both a major consumer market and a regional Halal processing hub, while Viet Nam is emerging as a reliable supplier of Halal-certified goods, particularly in processed food, agriculture, beverages, tourism and logistics.
Viet Nam rice export prices continued to drop as the Philippines, its largest market for the grain, extended an import ban by another month, with the possibility of lasting until the end of the year.
Viet Nam’s economy posted impressive growth in the third quarter of this year, with GDP estimated to rise 8.23% year-on-year - its second-highest third-quarter growth since 2011, just behind Q3 2022’s 14.38%.
Thailand’s trade authority has proposed to extend anti-dumping duties on cold-rolled carbon steel from several countries including Việt Nam for five more years, warning of possible renewed dumping.
According to the Ministry of Industry and Trade, exports to the US and China face challenges, but Vietnamese goods continue to accelerate despite fluctuations in tariffs and war.
European chemical industry leaders are closely watching the European Union’s new anti-dumping investigation into purified terephthalic acid (PTA) imports from South Korea and Mexico.
The EU has launched an investigation into urea imports from Russia in response to complaints from European fertilizer producers about dumped supplies that are distorting the market price equilibrium, Bloomberg reported.
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