The EU-Vietnam Free Trade Agreement (EVFTA), which took effect on August 1, 2020, has given an impetus to Vietnam’s exports, according to the Ministry of Industry and Trade.

Vietnam has been participating in the negotiation and signing of many important Free Trade Agreements (FTAs), opening up great opportunities for exports. However, at the same time, Vietnamese goods are also facing more and more pressure of being investigated, applying trade remedies, especially anti-circumvention investigation for trade remedies.

The anti-dumping tax on sugar is set to be applied soon which will help sugarcane businesses sell goods and make profits. 

The US Department of Commerce (DOC) has not yet issued the final determination about the imposition of anti-dumping and countervailing duties on certain hardwood plywood products and veneered panels exported from Việt Nam.

After being affected by the COVID-19 pandemic and fluctuations in inflation, the demand and trends of seafood consumption in many markets have changed, requiring Vietnamese seafood enterprises to adapt to those market trends, experts said.

Sustainability and circularity are an inevitable path that Vietnamese textiles have to follow, according to Truong Van Cam, General Secretary of the Vietnam Textile and Apparel Association (VITAS).

The domestic paper industry has achieved good growth in the past five years and expects to maintain the momentum until 2025 driven by demand for tissue and packaging paper, according to the industry business group.

In a respite to home producers of ursodeoxycholic acid, India has imposed an antidumping responsibility on the chemical, which is used within the drug trade and imported from China and South Korea.