Wood export turnover this year is expected to reach a record high of nearly 12.5 billion USD despite impacts of the COVID-19 pandemic as well as risks from export markets and the country’s policy changes in controlling the legality of imported wood materials.
Vietnam has emerged as the sixth largest wooden furniture exporter to the UK, grossing an export value of approximately US$422 million last year to make up 3.6% of the import market share, according to the Ministry of Industry and Trade.
One year on from the implementation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Vietnam's two-way trade turnover with Mexico, Chile, and Peru has reached US$5.12 billion, with the country recording a trade surplus of US$3 billion.
The Ministry of Industry and Trade issued a decision to review the application of anti-dumping measures on some colour-coated steel products originating from China for the first time.
China will initiate anti-dumping measures against imported ethylene propylene diene monomer (EPDM) products from the United States, the Republic of Korea (ROK) and the European Union (EU), the Ministry of Commerce said Friday.
The opportunity for Vietnamese products to enter the Cuban market is great, especially as the Vietnam - Cuba Trade Agreement has come into force with many incentives to eliminate or reduce tariffs
China will impose anti-dumping duties on a rubber product from the United States, South Korea and the European Union starting December 20, the commerce ministry said on Friday.