In 2020, theCovid-19 pandemic made it difficult to export goods, so the flexible response and rotation of export markets is one of the important factors helping.
The government is considering to file an appeal against the ruling of a World Trade Organisation (WTO) panel that ruled in favour of the United Arab Emirates (UAE) last month in a case that sought cancellation of anti-dumping duties imposed on the import of polypropylene.
The ban on scrap steel for steel production was lifted by China from the start of January 2021, and is expected to have a big impact on scrap prices in the market.
With the housing market in the United States enjoying strong growth, demand for wooden furniture is expected to rise considerably, opening up bright export prospects for the Vietnamese wood industry.
As trade protectionism is forecast to grow further around the world in 2021, the Ministry of Industry and Trade (MoIT) is set to step up trade defence measures in accordance with international law and commitments.
In 2020, theCovid-19 pandemic made it difficult to export goods, so the flexible response and rotation of export markets is one of the important factors helping.