News

U.K. Set to Remove Tariffs on Japanese Cars in 2026, Nikkei Says
U.K. Set to Remove Tariffs on Japanese Cars in 2026, Nikkei Says

11/08/2020

The U.K. is set to abolish tariffs on Japanese cars by 2026 under a trade deal the two countries are seeking to complete by the end of the month, the Nikkei newspaper reported Sunday, without saying where it got the information.

EVFTA offers new prospects to European economies
EVFTA offers new prospects to European economies

11/08/2020

The EU–Vietnam Free Trade Agreement (EVFTA), which came into effect on August 1, not only opens up opportunities to spur Vietnam's economy but also offers new prospects to European economies at a time of global financial uncertainties, according to the German press agency DPA.
Textile, electronics hardest hit in pandemic
Textile, electronics hardest hit in pandemic

11/08/2020

Textile and electronics have been the two export-oriented sectors mostly impacted by the COVID-19 pandemic.
S. Korea suffers most trade barriers ever amid pandemic: report
S. Korea suffers most trade barriers ever amid pandemic: report

11/08/2020

South Korea faced the most trade barriers ever in the first half of this year as pandemic-hit nations beefed up home economy first protectionism, data showed Sunday.
Trump Reinstates Tariff on Canadian Aluminum
Trump Reinstates Tariff on Canadian Aluminum

08/08/2020

The tariff, which prompted dollar-for-dollar retaliation from Canada, was imposed just one month after a new trade deal between the two countries went into effect.
India terminates anti-dumping probe on naphthalene imports from China, EU, others
India terminates anti-dumping probe on naphthalene imports from China, EU, others

08/08/2020

India has terminated the anti-dumping investigation on imports of crude naphthalene coming from China, the EU, Russia, Iran and Japan, and refined naphthalene coming from China, EU and Taiwan at the request of the domestic industry which has claimed dumping from more countries and wants to enhance the scope of the probe with other countries as well.
Establishing delegation group for inspecting Moc Cat Tuong Company applying HS code for exported rubber wood item
Establishing delegation group for inspecting Moc Cat Tuong Company applying HS code for exported rubber wood item

08/08/2020

On August 4, the Office of the Ministry of Finance sent an announcement about the directive of Minister of Finance Dinh Tien Dung regarding the application of HS code for exported rubber wood panels.
Automakers plan assembly best-sellers in Vietnam, lured by zero import tariff on components
Automakers plan assembly best-sellers in Vietnam, lured by zero import tariff on components

08/08/2020

Several automakers are considering assembling their best-selling models in Việt Nam due to the Government’s policy of zero import tariffs on components and a 50 per cent reduction in registration fees.
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