The increasing number of orders in the early days of 2022 has been creating a new impulse for textile and garment enterprises to boost production and expand their export markets. The positive signal of the market and the initial control of the COVID-19 pandemic will help Vietnam's textile and garment industry fulfil its set export target of over 43 billion USD for 2022.

Ministry of Economy, Trade and Industry (METI) and Ministry of Finance (MOF) today decided to initiate an expiry review of the anti-dumping duties on Polyethylene terephthalate with a high degree of polymerization originating in the People's Republic of China. This review is initiated based on an application filed by the industry, which has been examined in accordance with the provisions of related laws and regulations.

National Tariff Commission (NTC) has imposed an anti-dumping duty on imports of some flat steel products from Taiwan, the European Union, South Korea, and Vietnam.

South Korean steelmakers have become fretful of disadvantage standing in the United States after Washington agreed to remove the Trump-era high tariffs on Japanese steel after a similar move on European exports.

The EU-Việt Nam Free Trade Agreement (EVFTA) has opened up unprecedented opportunities for Vietnamese rice. Thanks to the preferential tariffs, the export of jasmine rice and high-quality rice to the EU has never been so good.

A series of large consignments of many industries have been exported to other countries before and during the Tet (Lunar New Year) festival signal hope for Vietnam’s export.

Vietnamese aquatic exports this year are forecast to see an upward trend, reaching 2.1 million tonnes worth US$9.2 billion, marking a rise of 3.9% in volume and 3.5% in value over the previous year.

Vietnam’s fruit container trucks have been allowed custom clearance through China earlier than expected despite China's original plan to cease custom clearance for a week for the Lunar New Year holiday.