According to VASEP, consumer demand for seafood in the Chinese market is increasing but domestic seafood supply is facing a shortage, which has led to an increase in seafood imports in recent years.

International Trade Minister Mary Ng says Canada is formally initiating a challenge of “unwarranted and unfair” U.S. duties on Canadian softwood lumber.

The Ministry of Agriculture and Rural Development has proposed for increase in export tax for DAP and MAP fertilizers to ensure domestic supply.

According to Mr. Truong Van Cam, Vice President and General Secretary of the Vietnam Textile and Apparel Association (Vitas), the high inflation rate in major textile and garment consuming markets such as the US, EU is affecting orders and unit prices of textile enterprises from now until the end of 2022. Many businesses are facing a shortage of orders.

The Tyre Importers Association of South Africa (TIASA) has applied to the High Court to compel the SA Tyre Manufacturers Conference (SATMC) to disclose information regarding its application for the imposition of anti-dumping duties on imported tyres.

Contrary to the high number of orders early this year, many enterprises in the wood and wooden furniture sector in Vietnam are seeking ways to boost sales in the domestic market and access new export markets to maintain production and business as well as minimize losses.

The EU-Vietnam Free Trade Agreement (EVFTA), which took effect on August 1, 2020, has given an impetus to Vietnam’s exports, according to the Ministry of Industry and Trade.

Vietnam has been participating in the negotiation and signing of many important Free Trade Agreements (FTAs), opening up great opportunities for exports. However, at the same time, Vietnamese goods are also facing more and more pressure of being investigated, applying trade remedies, especially anti-circumvention investigation for trade remedies.