Seafood is one of the key industries contributing significantly to Vietnam's export turnover. In the first nine months of the year, seafood exports brought in US$7.16 billion, an 8.5% increase compared to the same period in 2023. Among the factors driving this success, aside from favorable market conditions, the effective utilization of Free Trade Agreements (FTAs), including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), has played a crucial role. However, along with achievements, the industry also faces challenges, including market competition and trade defense lawsuits. Nguyen Hoai Nam, Deputy Secretary-General of the Vietnam Association of Seafood Exporters and Producers (VASEP), shared insights on these issues.

POSCO has announced its cooperation with the government in the investigation into Hyundai Steel's anti-dumping complaint against Chinese heavy plate, raising attention to potential government-level sanctions against China's aggressive export practices. Chinese steel companies have been selling their surplus products at low prices, leading to a challenging period for the South Korean steel industry in recent years.

With the signing of the Vietnam-UAE Comprehensive Economic Partnership Agreement (CEPA), the UAE will open its doors to almost all Vietnamese products with export advantages, typically agricultural products, seafood, wooden furniture, consumer goods, etc.

Việt Nam is set to export over 8.6 million tonnes of rice in 2024 while also ranking as the third-largest importer globally.

The freshly-signed Comprehensive Economic Partnership Agreement (CEPA) between Việt Nam and the United Arab Emirates (UAE) opens up a new era of the bilateral relationship that has been upgraded to a comprehensive partnership and growing substantively.

Thai manufacturers claim Chinese companies are selling moulded aluminium products in Thailand at significantly low prices. They have also expressed concerns about the increasing import of cheaper cold-rolled stainless steel from Vietnam.

Under U.S. law, a domestic industry may petition the United States government to initiate an AD investigation into the pricing of an imported product to determine whether it is sold in the United States at less than fair normal value prices. For market economies, such as Brazil and India, normal value is home market or third-country price, or actual cost plus reasonable profit of the foreign producer/exporter. For deemed non-market economies, such as China and Vietnam, normal value is a constructed cost plus deemed reasonable profit based on surrogate values in a market economy deemed of comparable level of economic development to China and Vietnam.

Decree 15, which aims to ensure the food safety of imported food products, creates problems for the cashew industry, particularly for companies importing raw cashew from Africa, a seminar heard in Bình Dương Province on Monday.