International free trade agreements such as the CPTPP and the EU-Vietnam Free Trade Agreement have opened up unprecedented opportunities for Vietnamese steelmakers with the industry forecast to see robust growth.
Australia’s Anti-Dumping Commission will not impose anti-subsidy duties on aluminium extrusion and galvanised steel imported from Vietnam, according to the Vietnamese Ministry of Industry and Trade.
The official US visit of PM Nguyen Xuan Phuc from May 29-31 demonstrates Vietnam’s consistent policy on enhancing trade relations with the US, which has been Vietnam’s top trade partners for the past 10 consecutive years.
Deputy Prime Minister and Foreign Minister Pham Binh Minh received
visiting Chairman of the East Asian and Pacific Affairs Subcommittee
under the US Senate Committee on Foreign Relations Benjamin Cardin in
Hanoi on May 27.
Deputy Prime Minister and Foreign Minister Pham Binh Minh has affirmed
that Vietnam treasures its ties with the US and suggested the two sides
increase the exchange of delegations at all levels.
Vietnam earned 4.8 billion USD from aquaculture exports during the
first three quarters of 2013, up 6.4 percent against the same period
last year, according to the Vietnam Association of Seafood Exporters and
Producers (VASEP).
President Truong Tan Sang held bilateral meetings with several leaders
of Asia-Pacific Economic Cooperation (APEC) member economies in Bali,
Indonesia on October 7.
Vietnam earned nearly 280 million USD from shrimp exports in August, a
year-on-year increase of 38 percent, bringing the total shrimp export
value to 1.67 billion USD in the first eight months of this year.
The country’s shrimp exports in the first half of this year was
estimated to be worth 1.03 billion USD, increasing 1.5 percent over the
same period last year.
Vietnamese exporters have described the US Department of Commerce
(DOC)’s recent levy of anti-subsidy duties on frozen shrimp imported
from seven countries including Vietnam as absolutely unreasonable.
The US Department of Commerce (DOC) announced on May 29 that it will
impose anti-subsidy duties of up to nearly 63 percent on frozen shrimp
imported from China, India, Malaysia, Thailand and Vietnam.
Vietnamese Permanent Mission to the United Nations in Geneva on
Feb. 27 asked for the establishment of a panel at an official meeting of
the Dispute Settlement Body, aimed at resolving the shrimp case DS/429,
in which the US side is the respondent.
Top diplomats of Vietnam and the US have agreed to further
economic ties to create an impetus for the development of relations
between the two nations, both bilaterally and multilaterally.
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