Ministry tightens supervision to avoid trade sanctions Business

Ministry tightens supervision to avoid trade sanctions

Sectors which have seen high growth in the past few years such as wooden furniture, garments and textiles, seafood and steel are being placed under special supervision by the Ministry of Industry and Trade (MoIT) to avoid having high tariffs and trade sanctions imposed by other nations.
US department announces preliminary rulings on Vietnamese steel Business

US department announces preliminary rulings on Vietnamese steel

The US Department of Commerce (DOC) has announced preliminary rulings on the circumvention inquiries into Vietnamese cold-rolled steel (CRS) and corrosion-resistant steel (CORE) exports made from materials imported from Chinese Taiwan and the Republic of Korea (RoK).
Steel industry faces 47 anti-dumping, anti-subsidy investigations Business

Steel industry faces 47 anti-dumping, anti-subsidy investigations

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).
Vietnam exports 97.4 million USD of goods to Laos in Jan-Feb Business

Vietnam exports 97.4 million USD of goods to Laos in Jan-Feb

Vietnam exported 97.4 million USD worth of goods to the neighbouring country of Laos in the first two months of 2019, a rise of 20.26 percent against the same period last year, according to the industrial and commercial information centre under the Ministry of Industry and Trade.
FTA helps fuel Vietnam-Russia trade growth Business

FTA helps fuel Vietnam-Russia trade growth

Trade between Vietnam and Russia was estimated at 4.57 billion USD in 2018, up 28.6 percent year on year, partly thanks to the enforcement of the free trade agreement (FTA) between Vietnam and the Eurasian Economic Union (EAEU).
Thailand becomes Japan's top steel product importer World

Thailand becomes Japan's top steel product importer

Thailand became the top importer of Japanese steel products for the first time in 2018, as major Japanese automobile, home appliance and machinery makers have moved into Southeast Asia's biggest production hub.
Hoa Phat’s steel export surges in 2018 Business

Hoa Phat’s steel export surges in 2018

Hoa Phat Corporation announced on January 29 that its steel products are now available in 14 countries with a total export volume of nearly 240,000 tonnes in 2018, up 50.97 percent annually.
Hoa Phat Group moves to expand market share of steel products Business

Hoa Phat Group moves to expand market share of steel products

Hoa Phat Group, a leading steel maker in Vietnam, expects its steel output will rise to 3.5-4 million tonnes in 2019, a year-on-year rise of 33 percent, when part of its 3-billion-USD Hoa Phat Dung Quat steel complex becomes operational in the central province of Quang Ngai.
Vietnam a regional FDI magnet, say experts Business

Vietnam a regional FDI magnet, say experts

Vietnam is among the few ASEAN member countries to consistently improve its attractiveness to foreign investors due to its growing economy and improving business climate, according to experts.