The US Department of Commerce (DOC) has announced the extension of the deadline for issuing the final conclusion of the anti-circumvention inquiry into stainless steel sheet from the nation, according to the Trade Remedies Authority of Vietnam (TRAV).
Vietnam made up the largest coffee supplier to Japan during the first quarter of the year, accounting for 30% of the overall market share, according to the General Department of Vietnam Customs.
Vietnamese shrimp exports hit a record high of US$1.4 billion in the opening four months of the year, rising by 45% against the same period from last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Boasting a high per capita income coupled with a limited production capacity of consumer goods, the Kuwaiti market offers plenty of opportunities for Vietnamese enterprises to bolster exports moving forward.
Although the demand for Vietnamese textiles is forecast to rise steadily in the short term, firms are concerned that tight material supply will impede their export plans.
Enterprises should prioritise investment in developing value-added cashew products to avoid losing its market share instead of only focusing on wholesale, according to experts.