The pepper market is facing a volatile picture, where fierce competition between producing countries is strongly affecting prices. Vietnam, the country once known as the “king of pepper” world, is facing a major challenge from Indonesia, a competitor that is increasingly asserting its position in the international market.

Việt Nam has initiated 29 trade defence investigations to protect its domestic market and businesses' interests, thus increasing state budget revenue by approximately VNĐ1.5 trillion (US$60.4 million) a year

China's Ministry of Commerce (MOFCOM) announced on Tuesday it will extend anti-dumping tariffs on hydriodic acid from the US and Japan, effective October 16, 2024, for five years. A review found that removing the tariffs could damage the domestic industry, the MOFCOM said

Vietnam imported 1.2 million tonnes of hot rolled coil (HRC) steel in September, a 34% increase compared to August, according to data from the General Department of Customs

China on Monday singled out Dutch firm FrieslandCampina as well as French and Italian companies in an anti-subsidy probe into dairy imports from the European Union, after lawmakers from these countries voted for tariffs on Chinese electric vehicles.

Indonesia plans to import 3.6 million tons of rice this year, with Vietnam as its largest supplier

In the first 9 months of 2024, Vietnam imported nearly 8,8 million tons of hot rolled coil (HRC), up 26% over the same period in 2023 and equal to 171% of domestic production

According to Yuanta Securities Company, from now until the end of the year, Vietnam's import and export enjoys many favorable macro factors to recover and accelerate. Many industries will benefit from this momentum such as rubber, textiles, seafood, seascapes, etc.