News

US to continue AD orders on CRC from five countries, revokes AD order for Brazil
US to continue AD orders on CRC from five countries, revokes AD order for Brazil

26/08/2022

The US (us) Department of Commerce (DOC) has announced the final results of the sunset reviews of the antidumping duty (AD) orders on cold-rolled steel flat products from Brazil, China, India, Japan, South Korea and the UK, and the countervailing duty (CVD) orders on the product from India.

Viet Nam's animal feed imports jump to $3.1b
Viet Nam's animal feed imports jump to $3.1b

26/08/2022

Viet Nam's imports of raw materials for processing animal feed in the first seven months of this year surged to US$3.1 billion as domestic supply only met about one-third of local demand.

Sri Lanka bans import of chocolate, shampoo & 300 other items to cut losses
Sri Lanka bans import of chocolate, shampoo & 300 other items to cut losses

26/08/2022

Amid a worsening economy aided by an inept political ruling class, Sri Lanka has announced a ban on the import of over 300 'non-essential' items to reduce losses and cut the financial burden of the country.

Vietnam’s plywood confronted by US anti-dumping tax as many exporters deemed ‘non-cooperative’
Vietnam’s plywood confronted by US anti-dumping tax as many exporters deemed ‘non-cooperative’

24/08/2022

Vietnam’s plywood may be subject to U.S. anti-dumping tax as 36 Vietnamese enterprises were listed by the U.S. Department of Commerce (DOC) as ‘non-responsive’ or ‘non-cooperative’ in its ongoing investigation, according to the Vietnam Timber and Forest Products Association (VIFOREST).

Firms suggested to stay well-informed to avoid trade remedy risks
Firms suggested to stay well-informed to avoid trade remedy risks

24/08/2022

Australia is a potential export market but also poses risks of trade remedy investigations, so enterprises should stay well-informed to avoid risks, head a recent seminar held in Ho Chi Minh City.

UK: TRA proposes new tariff rates for Chinese e-bike exporters
UK: TRA proposes new tariff rates for Chinese e-bike exporters

24/08/2022

The TRA has proposed that two e-bike manufacturers who are new to the UK market should be allowed to move to a lower import tariff rate.

Vietnam in search of new markets to diversify trade options: PM
Vietnam in search of new markets to diversify trade options: PM

24/08/2022

Vietnam should further find new markets in Eastern Europe, the Middle East, South Africa, South Asia, or Africa, to offset difficulties faced in traditional ones, such as the US, China, EU, Japan, or ASEAN.

Export forecast for this year to reach roughly US$368 billion
Export forecast for this year to reach roughly US$368 billion

24/08/2022

Based on the preliminary results recorded during the first half of the year, the Ministry of Industry and Trade anticipates that export turnover for the whole year is estimated to be at about US$368 billion, a year-on-year increase of around 9.46%.

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