Australia increased its imports of wooden furniture from Southeast Asian markets last year, with Vietnam making up a significant portion of the overall figure, according to the Ministry of Industry and Trade.

Accordingly, for Việt Nam, spices that were previously controlled at a frequency of 50 per cent such as coriander, basil, mint and parsley have been removed from the control list.

Free trade agreements (FTA), particularly new-generation deals, are instrumental in the buoyant performance of Vietnam’s export businesses, underpinning the country’s export target of 6 per cent in 2023 despite the global headwinds.

With the trend of green consumption, the demand for wood pallets will continue to rise in the future, experts said.

Vietnam maintains the application of anti-dumping measures on some cold-rolled (cold-pressed) steel products in coils or sheets from China

India is considering a number of tariffs and non-tariff steps to cut imports of non-essential consumer and electronic goods, including from China, as trade imbalances concern policymakers, two government officials and an industry source said.

The European Union's anti-dumping tariffs on Indonesian stainless steel had cut exports severely, an Indonesian trade ministry official said on Tuesday, explaining the country's decision to complain to the World Trade Organisation.

From January 24, import and export activities, especially exports of Vietnamese agricultural products through Lang Son border gates to China have been soaring.