A bottle of Scotch whisky arriving in the port of Mumbai faces a colossal 150% import tariff, yet it hasn't stopped Indians from being enthusiastic drinkers of a dram.

The Vietnamese Embassy in Italy has organised a virtual New Year gathering with representatives from the Association of Vietnamese Entrepreneurs in Italy (ASSOEVI) to collect suggestions in a bid to strengthen the nations’ trade relations.

The three-digit growth rate of Vietnam’s tuna exports to Mexico and Israel is considered a catalyst for a strong increase of over 16 percent of the country’s total tuna export value in 2021.

China’s commerce ministry said on Tuesday it will maintain anti-dumping and anti-subsidy tariffs on imports of distillers grains (DDGS), a by-product of ethanol production used in animal feed, from the United States during a review.

Việt Nam's pangasius (tra fish) export turnover is forecast to reach US$1.7 billion this year, up 13 per cent year on year, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

Raw honey exports from Vietnam flooded the domestic market in "massive" quantities in the months leading up to and following Commerce's preliminary anti-dumping determination, the agency said in a report published in the Federal Register on Thursday.

Since the US Department of Commerce decided to apply the highest ever tariff rate (over 412 per cent) for raw honey imported from Việt Nam, which exports more than 90 per cent of its honey to the US, small honey companies have been like a beehive under attack.

Despite the Phase One trade deal with the US, China has maintained punitive sanctions on that country’s DDGS exports.