The European Union and the US have both extended their suspension of tariffs on steel and aluminium products to allow further time to negotiate a global arrangement on such trade.

The Ministry of Industry and Trade aims to enhance trade and export promotion with key markets, maximising export opportunities and leveraging the effectiveness of Free Trade Agreements (FTAs). To achieve these goals, the industry and trade sector will exert exceptional efforts. Minister of Industry and Trade, Nguyễn Hồng Diên, discussed strategies to accomplish these tasks with VNA reporters

Việt Nam had a good year for rice export in 2023 but there are limitations which must be tackled for the industry to go a long way.

This plan is a key priority for MXV during the 2023-2028 period, with the aim of developing the Vietnamese commodity trading market in accordance with international standards.

The Mercantile Exchange of Vietnam (MXV), the only national centralised commodity trading market organiser in Vietnam, has said that it will focus on building specialised commodity trading floors in the coming time.

The decision by the Customs Tariff Commission of the State Council of China to reduce tariff rates has been welcomed by all, setting the tone for a prosperous 2024 for South Africa's pride and joy

Since Jan 1 of this year, China has begun implementing provisional import tax rates lower than the most-favored-nation rate on 1,010 types of goods from foreign countries, with zero tariffs on some of them. The new rates cover 143 types of agricultural and industrial products from Argentina. The South American country's media recently reported that China's move has greatly benefited Argentine dairy products, seafood, sweet corn and other items.

The Indonesian Ministry of Maritime Affairs and Fisheries (KKP) has completed an agreement to reduce export tariff posts, from 9.6 percent to zero percent for four processed tuna commodities to Japan.