A major trade surplus in the first eight months of the year and positive impacts from trade pacts are forecasted to enable Vietnam to continue enjoying a trade achievement this year.
Việt Nam will face difficulties in exporting rice in the short term due to obstacles in most major markets, such as China and the Philippines, according to the Ministry of Agriculture and Rural Development (MARD).
Trade officicals from South Korea and China hold a meeting on trade remedies at the Korea International Trade Association building in Seoul on Sept. 5.
As Việt Nam joins more international trade agreements, dealing with and overcoming trade defence measures has become a top priority for Vietnamese businesses, especially for those working with markets known for their numerous and robust defence instruments such as the US and the EU.
The U.S. Commerce Department said on Wednesday it imposed duties on Chinese and Mexican structural steel after making a preliminary determination that producers in both countries had dumped fabricated structural steel on the U.S. market at prices below fair market value.
Việt Nam's agricultural products need to meet the stricter requirements applied by the EU from September 1, 2019, to promote exports to this market as well as others, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam’s export turnover hit nearly 170 billion USD in the last eight months, a year on year increase of 7.3 percent, according to the Ministry of Industry and Trade (MoIT).
The European Union (EU) began strict phytosanitary inspections on agricultural imports, including those originating from Vietnam, from September 1, according to the Plant Protection Department.