The Ministry of Industry and Trade (MoIT) is set to bolster action while Vietnamese enterprises have been recommended to gear up preparations as more trade remedy investigations are expected in 2021.
The Cambodian Ministry of Commerce on February 5 issued a feedback document about the country’s recent suspension of catfish imports from several neighbouring countries, including Vietnam, reaffirming Cambodia’s commitment to complying with and supporting the spirit of trade liberalisation.
In 2020, theCovid-19 pandemic made it difficult to export goods, so the flexible response and rotation of export markets is one of the important factors helping.
The government is considering to file an appeal against the ruling of a World Trade Organisation (WTO) panel that ruled in favour of the United Arab Emirates (UAE) last month in a case that sought cancellation of anti-dumping duties imposed on the import of polypropylene.
The ban on scrap steel for steel production was lifted by China from the start of January 2021, and is expected to have a big impact on scrap prices in the market.
With the housing market in the United States enjoying strong growth, demand for wooden furniture is expected to rise considerably, opening up bright export prospects for the Vietnamese wood industry.
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