The Central Board of Indirect Taxes and Customs (CBIC) recently notified the imposition of anti-dumping duty on five products manufactured in China in order to safeguard domestic producers from lower-priced imports that the Directorate General of Trade Remedies (DGTR) had found as being ‘dumped’ in the Indian market. 

Vietnam’s forestry export value this year is estimated at 15.87 billion USD, a year-on-year rise of 20 percent, an official has said.

India has imposed antidumping duties on five Chinese products, including certain aluminium goods and some chemicals, for five years to guard local manufacturers from cheap imports from the neighbouring country.

Stranded steel wires for pre-stressing concrete originating from China is being imported into Malaysia at a price lower than the selling price in China, causing material injury to domestic players producing the same product.

The commerce ministry’s investigation arm DGTR has recommended imposition of anti-dumping duty on caustic soda, used in diverse industrial sectors, for five years from Japan, Iran, Qatar and Oman, to guard domestic players from cheap imports.

Amid the COVID-19 pandemic, resulting in the disruption of the global supply chain, Việt Nam-UK trade saw positive developments with two-way trade turnover reaching US$6.02 billion in the first 11 months of 2021, up 17 per cent year-on-year, according to the European-American Market Department of the Ministry of Industry and Trade.

Shipments of fishery products are estimated to rake in 8.89 billion USD in 2021, posting a year-on-year rise of 5.7 percent, said Nguyen Quang Hung, deputy head of the Ministry of Agriculture and Rural Development’s Directorate of Fisheries.

Vietnam's goods exports to the European Union (EU) market are expected to get brighter than in 2021 as Vietnamese businesses are better taking advantage of incentives of the EU-Vietnam Free Trade Agreement (EVFTA), according to trade experts.