The steel market is "hot" with two conflicting opinions on the issue of initiating an anti-dumping investigation on hot-rolled coil (HRC) steel products imported from China to Vietnam. But clearly, all decisions need to be based on specific and objective data to create a healthy competitive environment.

Promoting export is critical in a world of rapid international integration, but to gain strength in export, it is important for enterprises to have strong foothold in the domestic market.

Imagine there was a food tax that increased your grocery bills by nearly 20%. That’s essentially what the Common Agricultural Policy does to food prices in the EU. Now picture that tax going up even more, to 50%. That’s exactly what the EU’s recent decision to slap hefty tariffs on Russian grain imports is all about.

Vietnam's key export markets and industries are launching impressively in 2024.

Vietnam’s squid and octopus exports in the first quarter of the year are estimated at about US$136 million, suffering a slight decrease of 2% against the same period from last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

The Commerce Ministry’s arm DGTR has recommended imposition of anti-dumping duty on imports of hydraulic rock breakers from China, and Korea for five years to protect the domestic industry from cheap inbound shipments.

Import turnover of livestock products in the first quarter was estimated at about $702 million, down 6.7 per cent compared to the same period in 2023.

The total export-import turnover of goods in the first quarter of the year is estimated to reach over $178 billion, an increase of 15.5% compared to the same period last year. Both exports and imports have achieved high growth rates, clearly reflecting the recovery trend.