Vietnam has set a target of amending the Law on Foreign Trade Management and relevant legal documents related to trade remedies or building a Law on Trade Remedies by 2030.
Vietnam and the US have reached an agreement on illegal logging and timber trade that will avoid hefty tariffs on Vietnamese timber exports, according to the Vietnamese Ministry of Agriculture and Rural Development (MARD).
In 2020, Thailand exported fresh and processed vegetables and fruit worth more than US$4.2 billion. With relatively similar climate and geographical conditions, Thai and Vietnamese agricultural products share many similarities. However, Thai products often have a higher level of competitiveness.
The US Department of Commerce (DOC) has delayed its decision regarding a potential investigation into alleged circumvention of anti-dumping and countervailing duties on solar imports while it requests more information from petitioners.
The Trade Remedies Authorities of Vietnam has recommended domestic enterprises to prepare legal knowledge and resources to deal with potential lawsuits from export markets, particularly in the Association of Southeast Asian Nations (ASEAN).