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Room for Vietnam-US farm produce trade remains huge: roundtable

27/02/2020

Vietnam and the US still hold huge potential for cooperation in farm produce trade, and the two countries should not compete in trade but supplement each other, Deputy Minister of Agriculture and Rural Development Le Quoc Doanh has said.

Coronavirus outbreak hits Vietnam’s timber sector

27/02/2020

Vietnam exported nearly $1 billion worth of timber products to China in 2019, but the trade faces a steep decline as a result of the coronavirus outbreak. There were 93 Chinese-owned companies operating in Vietnam’s timber product export sector in 2019. Only 16 confirmed COVID-19 infections have been reported in Vietnam, but the economic fallout of the outbreak will be immense.

Vietnam should have agriculture information center to understand market: experts

27/02/2020

Because Coronavirus has developed complicatedly, exports of Vietnamese agricultural products faced difficulties. The agriculture sector even bumped into challenges in domestic consumption. According to experts, the sector should build an agriculture information center to research supply-demand of farm products.

Tough for Vietnamese firms to follow EVFTA rules of origin

27/02/2020

Though Vietnamese textile and garment firms are aware of the opportunities the European Union (EU)-Vietnam Free Trade Agreement (EVFTA) offers to expand export markets, they are facing difficulties in complying with the rules of origin. Though the ministry of planning and investment hopes the sector’s export turnover to the EU will increase by 81 per cent, firms are sceptical.

Enterprises invited to get involved in legalisation of EVFTA commitments

27/02/2020

Enterprises should participate in the legislation process of Vietnam’s commitments to the EU-Vietnam Free Trade Agreement (EVFTA) in order to make the most of it, a representative from the Vietnam Chamber of Commerce and Industry (VCCI) has said.

Vietnam’s wood exports to EU likely to reach 1 billion USD thanks to EVFTA

27/02/2020

Vietnam’s wood exports to the European Union (EU) is likely to reach 1 billion USD after the recently ratified EU-Vietnam Free Trade Agreement (EVFTA) takes effect, according to market watchers.

Thailand imposes anti-dumping duty on Vietnamese steel products

27/02/2020

Thailand will impose anti-dumping tariffs ranging from 6.97 percent to 51.61 percent of cost, insurance and freight (CIF) prices on some imported steel products from Vietnam, the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade said.

US Targets Brazilian, Chinese Wood Products in Anti-Dumping Action

24/02/2020

The United States is investigating wood moulding and millwork products from Brazil and China for anti-dumping action and duties, after determining these were being undersold against competing US products, the Department of Commerce said in a press release on Friday.