Trade between Vietnam and Hungary has grown continually over the past years, and it is believed that there remains much room for the Southeast Asian country to fuel exports to this European nation.

Bilateral trade between Việt Nam and the US set a new milestone, hitting US$111.56 billion in 2021, up nearly $21 billion over the previous year, according to the General Department of Customs.

Despite pandemic-caused difficulties, Vietnam still posted a trade surplus of 4 billion USD, an impressive achievement partly attributed to free trade agreements (FTAs), especially the new-generation ones.

The head of Japan’s main steel industry lobby said on Tuesday the European Union’s decision to extend anti-dumping measures on electrical steel from Japan was inappropriate and it would consider taking action.

Today, the European Commission extended for 5 years the current anti-dumping duties on imports of grain-oriented flat rolled products of silicon-electrical steel (GOES) from the People’s Republic of China, Russia, USA, Japan and South Korea.

The Minister for Agriculture, Food and the Marine, Charlie McConalogue, is expected to raise Irish concerns about the ongoing impact of input cost increases, and the current situation on the pigmeat market, when he attends the Agriculture and Fisheries Council in Brussels today (Monday, January 17, 2022).  

The US-based Fibre2Fashion portal has recently run an article highlighting several foreign financial organisations’ relatively positive predictions for Vietnam’s economy, saying that its growth is expected at 6.5-6.7 percent in 2022.

Pakistan’s National Tariff Commission (NTC) has extended definitive anti-dumping duties for another five years on imports of cold-rolled coil and sheet from China, retroactively effective from January 13, 2021, according to a notice released by China’s Commerce Ministry on January 13, 2022.