In the first half of this year, the amount of sugar imported from Cambodia, Laos, Malaysia, Myanmar, and Indonesia into Vietnam reached 399,189 tons, 10 times higher than 38.61 tons in the same period last year.
The textile and garment industry is forecast to face difficulties in realising its export turnover target of 39 billion USD this year due to unprecedented severe impacts caused by the COVID-19 pandemic.
The Anti-Dumping Commission of Australia (ADC) has announced the fifth extension of time granted to issue the final report on an investigation into the alleged dumping and subsidisation of painted steel strapping from China and Vietnam.
The American Solar Manufacturers Against Chinese Circumvention has filed three petitions urging the U.S. Department of Commerce to investigate allegations of “unfairly traded imports” from three countries in Southeast Asia.
The agricultural industry has promoted trade successfully despite difficulties caused by the COVID-19 pandemic, contributing to expanding export markets and helping the country gain an impressive trade surplus of US$3.9 billion in the first seven months.
It is already the prime harvest time for the summer-autumn rice crop, but rice exporters are suffering a headache as prolonged social distancing is making it difficult for them to purchase the grain. Stronger measures are needed to solve the difficulties they are facing.
The growth of processed seafood output in Vietnam will reach over 6% a year by 2030 under a national seafood processing development strategy for 2021-2030 which has been approved by the Prime Minister.