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Vietnam achieves record trade surplus of $13.5 billion

21/09/2020

Import - export turnover in August topped $50 billion and the trade surplus stood at a record of nearly $13.5 billion.

Vietnamese firms allowed to resume seafood export to Saudi Arabia

21/09/2020

According to the Asia – Africa Market Department under the Ministry of Industry and Trade, Embassy of Saudi Arabia in Vietnam has just sent an official letter to Vietnamese authorities informing the opinion of the Saudi Food and Drug Authority (SFDA) on allowing 12 Vietnamese enterprises to resume their exportation of some seafood products to the Saudi Arabia market.

Anti-dumping duty on Turkish flour extended

21/09/2020

The Tariff Commission (TC) has extended for three years the anti-dumping duty imposed on Turkish wheat flour imports.

Sugar firms struggle due to ATIGA

19/09/2020

Tariffs cut to zero under the ASEAN Trade in Goods Agreement (ATIGA) from January 1 this year and the COVID-19 pandemic have made for a tough year for the sugar industry, heard an online seminar held by Nhan Dan (People) e-newspaper on September 16.

S. Korea makes final anti-dumping ruling against Vietnamese plywood

19/09/2020

In a final decision that followed a nine-month probe, South Korea's regulatory authority came up with anti-dumping duties of up to 10.65 percent for five years against Vietnamese plywood products for causing damage to South Korean producers.

Businesses must understand trade remedy implications, says expert

19/09/2020

International trade remedies are used by many countries to protect their domestic industries, especially now production has stalled due to the impacts of COVID-19.

Tuna exports to EU surge thanks to trade deal

19/09/2020

Tuna has become one of Vietnam’s first export items to benefit from the country’s free trade deal with the E.U., with shipments surging in August.

HSBC, BCG warn G20 of US$10tn global cost of tariffs and trade restrictions

19/09/2020

The current wave of protectionism, which has seen the imposition of new tariffs and other trade restrictions, will cost the global economy as much as US$10tn in GDP by 2025, according to a new report from HSBC and Boston Consulting Group (BCG).