Foreign direct investment (FDI) pledged to Việt Nam surpassed US$38 billion this year, marking a 10-year high and representing a year-on-year increase of 7.2 per cent.
Vietnam is mulling tariffs on flat steel imports to protect its domestic steelmakers in the face of lower-cost overseas shipments and new capacity in 2020, adding to oversupply in the market.
Vietnam is expected to rake in 2.3 billion USD from tra fish exports this year, according to the Directorate of Fisheries under the Ministry of Agriculture and Rural Development (MARD).
Beijing will lower import tariffs on more than 850 products including frozen pork from next month, the finance ministry said Monday, as authorities battle a severe shortage of the meat staple.
What started as a spat with the European Union over Indonesian palm oil has escalated into a far broader trade dispute with imported European spirits and now dairy products caught in the crossfire.