Tyre importers and manufacturers in China have been slapped with anti-dumping duties for the next five years following an investigation by the International Trade Administration Commission (Itac).

The implementation of the EU-Vietnam Free Trade Agreement (EVFTA), which went into force on August 1, 2020, plays a key role in bringing Vietnamese agro-fishery products into the European market, Trade Counselor in Belgium and the EU Tran Ngoc Quan has told the Vietnam News Agency.

In the first six months of 2023, the Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade (MoIT) carried out various activities to expand the market for Vietnamese goods and resolve export difficulties.

The Vietnam-Israel Free Trade Agreement, which was signed on July 26 after seven years of negotiations, would create a conducive atmosphere for the export of Vietnamese products to Israel, according to many experts.

Vietnam has been advised to take drastic measures to balance rice exports and reserves in a bid to ensure food security amid global food chain fluctuations, according to insiders.

Rice export prices of Việt Nam have reached their highest in 12 years after a series of countries restricted rice exports.

Vietnam was among top 15 countries subject to anti-dumping duties in the 1995-2022 period, while the Ministry of Industry and Trade (MOIT) initiated investigations into just over 25 cases related to trade remedies during the same period.

Vietnam's seafood export turnover in the second quarter of 2023 reached over 2.3 billion USD, 30% higher than the first quarter. However, compared to the same period in 2022, the negative growth rate of 27.5% remained unchanged from the first quarter.