The Ministry of Industry and Trade (MoIT) has decided to impose self-defence measures on imported DAP and MAP fertilisers after a comprehensive review of their impact on the Vietnamese market in line with the law.
As trade protectionism is forecast to grow further around the world in 2021, the Ministry of Industry and Trade (MoIT) is set to step up trade defence measures in accordance with international law and commitments.
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 Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade has sent a consultation letter to the Philippines’ Department of Trade and Industry asking it to exclude Vietnam from three safeguard investigations on some steel products.
Vietnam is making efforts to help Vietnamese and Indian export-import firms handle difficulties, especially during and after the COVID-19 pandemic, heard an online conference on June 17.
The Ministry of Industry and Trade (MoIT) is planning to increase the number of training courses on trade remedies for the domestic production industry.
As Vietnam joins more international trade agreements, dealing with and overcoming trade defence measures has become a top priority for Vietnamese businesses.
With growth of up to 22 percent forecast this year and firms with bright prospects, Vietnam’s steel industry has high potential to reach many markets if it overcomes difficulties in trade defence lawsuits and high import volume.
Prime Minister Nguyen Xuan Phuc has urged trade counsellors to proactively assist domestic businesses by providing information about foreign markets, promoting trade and investment activities, and increasing sale of Vietnamese products abroad.
The imposition of temporary safeguard duties on DAP and MAP fertiliser imports into Vietnam, which came into effect on August 19, is an effort to help protect the domestic fertiliser industry but might push up production costs for farmers.
The Ministry of Industry and Trade (MoIT) has just issued Decision No. 2847/QD-BTC on applying self-defence measures against imported colour-coated iron sheets.
The Ministry of Industry and Trade (MoIT) will carry out inspections on imported monosodium glutamate (MSG) after Taiwanese company Vedan proposed a safeguarding duty on the seasoning powder.
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