Việt Nam's wood and wood product exports are expected to boom in the second half of this year amid positive signs from the global economy, according to industry insiders.

Anti-dumping duties for titanium dioxide (TiO2) from China would conflict with the EU’s Green Deal objectives, social sustainability, and competitiveness

Việt Nam is continuing to promote negotiating, signing and upgrading free trade agreements with partners in potential markets, creating favourable conditions for businesses to diversify markets, supply chains and export products.

The decision on Việt Nam's market economy status, a move that could boost the country's exports, is now expected to be announced on August 2.

Appropriate and timely trade measures, following Việt Nam's and World Trade Organization's (WTO) regulations, will help the domestic steel industry minimise damage caused by unfair competition practices and protect local production, said industry leaders.

China's Ministry of Commerce announced on July 22 the initiation of an expiry anti-dumping (AD) review investigation on stainless steel billets and hot-rolled stainless plates/coils imported from the European Union, the United Kingdom, South Korea, and Indonesia.

Garment and textile enterprises must renew technology, move toward green production and bolster trade promotion, among others, to navigate headwinds, according to insiders.

India has imposed anti-dumping duties on three Chinese products, including hydraulic rock breakers, to protect domestic industries from cheap imports. The duties range from 4.55% to 162.5% of the CIF value.