The domestic textile and garment industry was still striving to reach its export revenue target of US$40 billion this year despite facing many difficulties, said Vũ Đức Giang, chairman of the Việt Nam Textile and Apparel Association (VITAS).
The European Commission opened an investigation on Tuesday after finding evidence that Chinese steel producers are avoiding anti-dumping duties by slightly modifying the material they export.
No end in sight for Morbi ceramic cluster’s worries. In fact, the situation turned a shade darker after the November 27 meeting with officials of Gulf Cooperation Council (GCC) regarding reduction of anti dumping duty imposed on Indian industry failed to yield desired results.
The final rulings earlier this month by the United States Department of Commerce that China and India have been dumping certain textiles on the U.S. market were welcomed by most Taiwanese textile exporters as chance to compete in a fair market.
Infrastructure firm Gammon India on Monday said it will revive its engineering, procurement, construction plans in irrigation, water supply and government-backed projects if its resolution plan is accepted by the lenders.
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