News

Trade revenue expected to hit new record high in 2021
Trade revenue expected to hit new record high in 2021

07/12/2021

Despite the lingering effects of the pandemic, the Ministry of Industry and Trade forecasts that Việt Nam’s total trade value this year may reach a new record of between US$640 - 645 billion, with a slight trade surplus.

Taiwan (China) to cut import tariffs on Vietnamese cashew nuts to 10%
Taiwan (China) to cut import tariffs on Vietnamese cashew nuts to 10%

03/12/2021

Taiwan (China) will reduce the tariffs on dry skinned cashew nuts imported from Vietnam, from the current 16% down to 10% according to the Vietnam Economic and Cultural Office in Taipei.

China ends decades-long preferential tariff certificates to its exporters
China ends decades-long preferential tariff certificates to its exporters

03/12/2021

A preferential tariff treatment for Chinese companies exporting products to 32 countries – including the 27 European Union (EU) members, the UK, Canada, Turkey, Ukraine and Liechtenstein – has come to an end, as the country's export products are becoming more competitive.

U.K. Warns U.S. Not to Conflate Steel Tariffs With Brexit Row
U.K. Warns U.S. Not to Conflate Steel Tariffs With Brexit Row

03/12/2021

Boris Johnson’s government said the U.K. dispute with the European Union over post-Brexit trade should have no bearing on whether the U.S. retains import tariffs on British steel and aluminum.

Exports gain speed to meet target
Exports gain speed to meet target

03/12/2021

After months of contraction due to the COVID-19 pandemic’s impacts, production and export activities are recovering strongly, the Dau tu (Vietnam Investment Review) newspaper reported.

Room for Vietnam’s seafood exports to Canada remains large
Room for Vietnam’s seafood exports to Canada remains large

03/12/2021

Canada is a promising market for Vietnam’s aquatic products, according to the Vietnam Trade Office in Canada.

Vietnamese honey is taxed over 400% by the United States
Vietnamese honey is taxed over 400% by the United States

02/12/2021

Vietnam’s honey-making industry is facing a new challenge when exporting to the United States could be subject to a tax rate of up to 412.49%.

EU and US lift several tariffs
EU and US lift several tariffs

02/12/2021

As a result of a recent US-EU trade agreement, the EU will cancel a planned increase in retaliatory tariffs imposed on American products, originally meant to go into effect today.

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