Vietnam recorded a 24% year-on-year increase in exports to the US in the second quarter, ranking second in the ASEAN region after the Philippines, which saw a 35% rise, according to Nikkei Asia trade data published on its site on October 31.

International press and UAE newspapers unanimously believe that the Vietnam - UAE CEPA Agreement will open up new economic cooperation paths that are beneficial to both countries.

The US Department of Commerce (DOC) will not impose anti-dumping duties on aluminum extrusions imported from 14 countries and territories, including Vietnam, according to the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade.

One of the bright spots in Vietnam’s economic picture in the first nine months of 2024 was its commodity export revenue of 299.6 billion USD, an increase of 15.4% over the same period last year.

After a year-long investigation, the EU has moved forward with finalising tariffs on EVs imported from China, solidifying an earlier provisional measure. These tariffs, effective from 31st October, will remain in place for five years, targeting Chinese manufacturers whom the EU Commission claims benefit from substantial subsidies provided by Beijing. Earlier in October, 10 EU member states voted in favour of the tariffs, while five including Germany opposed, and 12 abstained.

The US Department of Commerce (DOC) has announced that it has received a request for an anti-dumping and countervailing duty investigation on hard empty capsules imported from Brazil, China, India and Việt Nam for the pharmaceutical industry. 

The European Commission's decision to impose extra tariffs on China-made electric vehicles (EVs) is typical trade protectionism, a Chinese Foreign Ministry spokesman said on Wednesday, urging the European Union (EU) to refrain from further escalating trade frictions with China.

Indonesia was Vietnam's largest cinnamon import market in September 9 with 2024 tons, accounting for nearly 107% of Vietnam's import structure.