Viet Nam’s wood processing industry is stepping up efforts to enhance its export value by investing in technology, green production, and product design while diversifying markets to strengthen competitiveness in the global market.

The Trade Remedies Department announced that, according to information from the Vietnamese Trade Office in Belgium and the EU, EC has issued a notice initiating an anti-dumping investigation into coiled copper pipes and tubes imported from Viet Nam.

The preliminary anti-dumping duties imposed on Vietnamese rebar are considered relatively high compared with those applied to several other countries under investigation.

Wood and wooden product exports are rising substantially but Viet Nam will need to fully address the myriad trade and other barriers in place.

Vietnamese agricultural exporters are racing to update registrations and comply with China’s stricter Decree 280, which will take effect on June 1.

Viet Nam’s agricultural exports could lose $1- $8 billion if the Middle East conflict drags on from one month to a year, as supply chain disruptions and rising logistics costs weigh on trade flows.

The Year of the Fire Horse symbolises energy and decisive action. These qualities mirror the economic relationship between Singapore and Viet Nam.

Machinery, components, and raw materials account for a large portion of import turnover, indicating that businesses are preparing for a new production cycle.