The European Commission has extended the EU’s definitive anti-dumping duty on imports of certain heavy plates from China. The duty rates remain in the range of 65.1-73.7%, Kallanish notes.
Vietnamese wood and wooden furniture enterprises have been facing many difficulties as export orders have dropped 50-60% since the beginning of this year, pushing firms to cut off at least half of their production capacities
The General Administration of Customs of China (GACC) has granted an additional 47 growing area codes to Vietnamese durian, bringing the total number of planting area codes up to 293.
Vietnam is putting the finishing touches to the export of its lychee, one of the country’s key fruits for export, to overseas markets, hoping to make a huge profit this year.
Along with China's reopening, seafood exports to China are expected to make a breakthrough. However, there are still barriers that exporters must overcome.
Recently, the Vietnam Trade Remedies Administration has received warning information that solar cells exported from Vietnam to the United States may be subject to anti-circumvention duty of up to 254%.
On May 18, the Ministry of Finance held a seminar on “Effectively implementing Vietnam’s commitments on preferential export tax and special preferential import tax in the implementation of FTAs”.
Canada will eliminate all remaining import duties on Vietnamese textile and garment products this year in accordance with the Pacific Rim trade deal, but the benefits could be offset by other challenges.