The Regional Comprehensive Economic Partnership (RCEP), with its market of 2.2 billion people in 15 nations, has been forming the largest free trade area in the world. Vietnam is deliberately promoting goods export, especially seafood, to this lucrative market as its next strategic economic step.

The Ministry of Industry and Trade (MoIT) will continue to coordinate with relevant ministries and sectors in supporting businesses to minimise impacts of trade remedies which may have an detrimental effect on Vietnam’s export activities.

The United States Department of Commerce (DoC) on May 24 launched an investigation into wooden cabinets imported into the US from both Vietnam and Malaysia, reported the Trade Remedies Authority of Vietnam (TRAV).

Việt Nam has great potential to increase fruit exports to the US in the future, said Hoàng Trung, director of the Plant Protection Department under the Ministry of Agriculture and Rural Development.

In a major blow to the Indian plastics machinery manufacturers, the government of India has rejected industry’s proposal and recommendations from the Directorate General of Trade Remedies (DGTR) to levy an anti-dumping duty (ADD) on the import of plastics processing machinery from China.
 

In recent years, China has always been a major importer of Vietnamese coffee with a higher ranking position each year. As China's coffee consumption demand continues to increase without being affected by the Covid-19 pandemic, this opens many opportunities to promote Vietnamese coffee exports to this market.

Demand for Việt Nam’s tra fish (pangasius) is up in major markets, driving the export of the catfish overseas, reports the Việt Nam Association of Seafood Exporters and Producers (VASEP).

South Africa remains a promising market for Vietnam’s fishery products and serves as an important gateway for them to enter the regional market, an official has said.