Vietnam has taken various measures in a bid to protect the interest of Vietnamese products and exporters in the EU markets, according to the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade (MoIT).
The Ministry of Industry and Trade (MoIT) on September 21 issued a decision to investigate the evasion of trade remedies for cane sugar products originating from Thailand after considering requests from domestic sugar producers.
The Ministry of Industry and Trade (MoIT) has decided to impose official anti-dumping and anti-subsidy duty of 47.64 percent on a number of cane sugar products originated from Thailand for five years from June 15, according to the Trade Remedies Authority.
Local companies do not have to worry about a preliminary anti-subsidy tariff imposed by the US Department of Commerce on car and truck tyres from Vietnam, executives told local media.
The Ministry of Industry and Trade (MoIT) held a workshop on November 4 to discuss tools to protect businesses against trade defence lawsuits in export markets in the context of integration.
The EU-Vietnam Free Trade Agreement (EVFTA) is awaiting approval of the Vietnamese National Assembly, which marks Vietnam’s great strides in international economic integration.
Trade defence measures both support the protection of domestic production and employment and reduce the dependence on imported goods, said an official from the Ministry of Industry and Trade.
The Indian Ministry of Commerce and Industry’s Directorate General of Trade Remedies (DGTR) has recommended the imposition of anti-subsidy tariff on welded stainless steel pipes and tubes imported from Vietnam and China for five years, according to the Trade Remedies Authority of Vietnam.
Vietnam’s steel industry is facing 47 anti-dumping and anti-subsidy investigations from importing countries, accounting for one-third of the total cases of Vietnamese goods, according to a report from the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade (MoIT).
Under a recently issued programme, Vietnam is set to step up the use of and response to trade remedies to support the future development of several domestic industries.
Vietnam and India discussed specific measures to remove obstacles to trade and investment cooperation between their businesses during the fourth meeting of the Joint Sub-committee on Trade in Hanoi on January 23.
The Ministry of Industry and Trade (MoIT) has advised Vietnamese exporters to strictly abide by regulations related to products’ origin as many members of the World Trade Organisation (WTO) have strengthened trade safeguard tools to protect their domestic industries.
The US Department of Commerce (DOC) has announced the launch of an investigation into the avoidance of paying anti-dumping and anti-subsidy taxes on cold rolled steel (CRS) imported from Vietnam.
A Canadian trade body has made a preliminary ruling that imports of cold-rolled steel from Vietnam, China and the Republic of Korea are harming the domestic industry.
Improving competitive capacity to expand export markets and understanding of international trade regulations are significant for Vietnamese steel firms to respond to trade defence lawsuits in the context of growing protectionism, said Chairman of Vietnam Steel Association (VSA) Ho Nghia Dung.
Deputy Prime Minister Vuong Dinh Hue had a meeting with US Secretary of Commerce Wilbur Ross and Trade Representative Robert Lighthizer on June 26 as part of his ongoing visit to the US.
Updated information on legal trends and trade protection in the US as well as recommendations for Vietnamese enterprises were given to businesses at a conference held in Hanoi on June 25.
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