Seminar empowers businesses on trade issues

Vietnamese businesses got a chance to influence laws and practical investigative measures on anti-dumping, anti-subsidy and trade protectionism work at a seminar in Ho Chi Minh City on November 22.
Vietnamese businesses got a chance to influence laws and practical investigative measures on anti-dumping, anti-subsidy and trade protectionism work at a seminar in Ho Chi Minh City on November 22.

At the event, which was co-organised by the Competitiveness Management Department of the Ministry of Industry and Trade, the Center of Integration WTO Technical Assistance and business associations of the city, experts presented an overview of the US International Trade Commission and its role in investigating and defining loss in trade disputes.

They shared information on how to conduct anti-dumping, anti-subsidy and trade protectionism lawsuits in the US market.

Participating at the seminar, Nguyen Van Toai, a former commission expert, said that in order to minimise and effectively deal with proceedings, domestic enterprises need to actively prepare information on their products and establish connections with representative units in foreign markets to monitor market developments and predict business conditions.

On the other hand, to protect the domestic market, businesses need to understand how to recover from damage caused by imports when carrying out cases, said experts./.VNA

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