The World Trade Organization (WTO) opens its annual public forum this week with an ambitious goal: to stabilize a global economy disrupted by the COVID-19 pandemic, trade wars and armed conflict. Seeking to build on last June’s renewed commitment to a rules-based system, the WTO now calls for more sustainable, more inclusive trade rules.

Seven enterprises were assigned tariff quotas with a total volume of 109,000 tonnes at the sugar import auction organised by the Ministry of Industry and Trade.

Vietnam stays on track to realize the export growth target of US$368 billion for this year amid severe impacts from the Russia-Ukraine conflict on global supply chains, according to the Ministry of Industry and Trade (MoIT).

Vietnamese pomelo has large potential for expanding exports to demanding markets including the US, the EU and Japan, according to the Việt Nam Trade Promotion Agency.

The Indian government has been advised to continue imposing anti-dumping duties on new tires from China for another three years, based on the findings of a recently conducted sunset review.

Enterprises in the textile, garment and footwear industries are facing a decrease in orders through the rest of this year and possibly into the next year.

Vietnamese businesses must stay vigilant and do their homework to avoid trade and legal disputes in exporting to the UK to take full advantage of the United Kingdom-Vietnam Free Trade Agreement (UKVFTA), which officially went into effect last May, say industry experts and policymakers.

Imported clear and bronze float glass from China can now enter the Philippines at cheaper cost following the expiry of the five-year definitive anti-dumping duty imposed by the government against the imported product from China.