News

EU and US call a truce, postpone steel tariff showdown until after elections
EU and US call a truce, postpone steel tariff showdown until after elections

21/12/2023

The European Commission, the executive arm of the EU, revealed on Tuesday that retaliatory measures, initiated during the Trump era, will be put on hold for 15 months until March 31, 2025, providing a temporary respite in the steel tariff war. 

China markedly reduces import duties on rooibos
China markedly reduces import duties on rooibos

19/12/2023

According to Dr Kobus Laubscher, agricultural economist, this was good news indeed as today (16 January 2024), marked International Rooibos Day, a global celebration of the iconic South African herbal tea.

Carbon tax poses new challenge for VN to boost exports to EU
Carbon tax poses new challenge for VN to boost exports to EU

18/12/2023

The EU-Vietnam Free Trade Agreement (EVFTA) is an agreement inclined towards sustainable development. The EU’s CBAM (Carbon Border Adjustment Mechanism) has posed a new challenge for Vietnam’s exports to enter the EU market.

Vietnamese fruits struggle with higher standards
Vietnamese fruits struggle with higher standards

18/12/2023

In light of the recent incident involving the destruction of two shipments of Vietnamese durians and peppers by the Japanese authorities, the vulnerability of Vietnamese agricultural exporters remains a pressing concern. This risk is particularly pronounced as importing markets tighten their standards for clean and green practices, necessitating a more proactive and comprehensive approach from the sector to keep its buyers and maintain a competitive edge.

Lack of partner inspection, businesses face risks in international trade
Lack of partner inspection, businesses face risks in international trade

18/12/2023

As Vietnam integrates more deeply, Vietnamese businesses do business with more partners and larger playgrounds, and the risk of disputes and fraud is also greater and more complicated.

Indian authority receives request for anti-dumping probe on tempered glass from Vietnam
Indian authority receives request for anti-dumping probe on tempered glass from Vietnam

18/12/2023

The Directorate General of Trade Remedies of India (DGTR) has received a request for anti-dumping investigation on textured tempered coated and uncoated glass products originating or imported from Vietnam, reported the Ministry of Industry and Trade’s Trade Remedies Authority of Vietnam (TRAV).

Philippines: Reduced tariff rates for pork, rice, corn extended until end of 2024
Philippines: Reduced tariff rates for pork, rice, corn extended until end of 2024

18/12/2023

THE temporary extension of the reduced tariff rates for imported pork meat, rice, and corn has earned mixed reactions from stakeholders in Cebu.

Sincerity from Australian side necessary to improve trade relations with China, lift wine ban: analysts
Sincerity from Australian side necessary to improve trade relations with China, lift wine ban: analysts

18/12/2023

An Australian official said that China could lift the ban on imports of Australian wine early next year. Chinese analysts said that recent signs show improving bilateral relations and recovering trade, but they also warned that Australia needs to show further sincerity to improve bilateral trade.

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