News

Rising protectionism clouding tariff-cut gains in 25 years by WTO, warns its chief
Rising protectionism clouding tariff-cut gains in 25 years by WTO, warns its chief

03/01/2020

The World Trade Organization (WTO) may have reduced average tariffs by nearly half and streamlined world trade in its 25-year history, but the multilateral trading body is faced with the challenge of rising protectionism across the globe, the WTO chief has said.
China lowers import tariff for many items starting January 1
China lowers import tariff for many items starting January 1

03/01/2020

China starts a host of new tax cuts on imported goods on Wednesday, as the country further promotes high-quality trade growth.
Vietnam textile sector calls for industrial parks to improve competitiveness
Vietnam textile sector calls for industrial parks to improve competitiveness

03/01/2020

Vietnam's government needs to help improve the country's textile and apparel export power and competitiveness by building industrial parks specialising in textiles, the Vietnam National Textile and Garment Group (Vinatex) has said.
India to counter US anti-subsidy probe on forged steel fittings
India to counter US anti-subsidy probe on forged steel fittings

03/01/2020

US investigating 36 out of the 45 subsidy schemes from India
Vietnamese enterprises go abroad
Vietnamese enterprises go abroad

02/01/2020

Not only expanding the export market, in recent years, several enterprises have also boldly increased building modern factories in foreign countries or acquired foreign enterprises right in the host countries. With such aforesaid strategy, several enterprises have step by step fortified their positions as well as the market share of Vietnamese products in global market.
Wood exports to hit 11.5 billion USD, exceeding target in 2019
Wood exports to hit 11.5 billion USD, exceeding target in 2019

02/01/2020

Exports of wood products to the US have seen a sharp rise this year, as well as robust growth to markets including Japan, the UK, Canada, Germany and the Netherlands.
Jan 15 signing for US-China 'phase one' trade deal: Trump
Jan 15 signing for US-China 'phase one' trade deal: Trump

02/01/2020

US President will visit Beijing at later date to resolve other sticking points in relationship
Vietnam eyes $300 bln exports in 2020
Vietnam eyes $300 bln exports in 2020

02/01/2020

Vietnam targets its export revenues of $300 billion next year despite concerns over trade deficits amid a global economic slump.
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