The US Department of Commerce (DOC) has announced an extension of the investigation period of trade remedy tax evasion for several goods imported from Vietnam, according to the Trade Remedies Authority under the Vietnamese Ministry of Industry and Trade.

China is set to resume imports of Australian timber from Thursday and talks are under way about a visit by Australian Prime Minister Anthony Albanese to Beijing, China's ambassador to Canberra said on Thursday.

Taiwan's Ministry of Finance (MOF) has imposed anti-dumping duties of up to 129.32 percent on float glass in sheets sold by suppliers from Malaysia, Indonesia and Thailand, effective from May 22, after those suppliers were found to have sold their products at unfair low prices in the Taiwan market.

Vietnam witnessed declines in exports and imports in the first four months of this year, and exploring new markets is now considered one of the solutions to foreign trade bottlenecks.

Despite an overall export decline due to the shortage of orders, foreign direct invested (FDI) businesses still posted more than $14 billion in trade surplus in the first four months.

The Mercantile Exchange of Vietnam (MXV) is to play an increasingly important role in global trade with changes in the Southeast Asia economy's supply and demand impacting the listed prices of commodities on global exchanges, said trade experts at a workshop held in Hanoi on May 17.

The Japanese market still has much room for growth and development, especially in the key fields of Vietnam, such as agriculture and fishery, textiles, and footwear. However, Vietnamese enterprises must improve their capacity to respond to this market's standards to bring high value to export goods.

The prospect of Vietnam's exports to the Canadian market may be affected by many objective and subjective difficulties.