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U.S. Department of Commerce issues affirmative preliminary antidumping duty determinations for Passenger vehicle and light truck tires from Vietnam

31/12/2020

Today, the U.S. Department of Commerce announced affirmative preliminary determinations in the antidumping duty (AD) investigations of passenger vehicle and light truck tires (passenger tires) from South Korea, Taiwan, Thailand, and Vietnam. Commerce preliminarily determined that exporters have dumped passenger tires in the United States at rates of 14.24 to 38.07 percent for South Korea, 52.42 to 98.44 percent for Taiwan, 13.25 to 22.21 percent for Thailand, and 0 to 22.30 percent for Vietnam.

Exports to US estimated at US$76.4 billion in 2020

30/12/2020

Vietnam moved up four grades to become the second largest exporter to the US in 2020, with its export turnover surging 24.5% to an estimated US$76.4 billion.

Garment-textile, footwear sectors pin high hope on UKVFTA

30/12/2020

The UK-Vietnam Free Trade Agreement (UKVFTA), expected to come into force in the beginning of 2021, is promising several export opportunities to the European market for Vietnamese garment-textile and footwear enterprises.

CPTPP – a booster for Vietnamese exports to Latin America

30/12/2020

Vietnam boasts huge potential to increase shipments to Mexico, Peru and Chile – the three Latin American nations having high tariff-reduction commitments under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

India Starts Probe Into Alleged Exports Subsidisation Of Aluminium Item By Malaysia

30/12/2020

Under the global trade rules of the World Trade Organization (WTO), a member country is allowed to impose anti-subsidy to countervailing duty if a product is subsidised by the government of its trading partner.

Malaysia says Vietnam dumping cold rolled stainless steel, imposes duties

30/12/2020

Malaysia has slapped anti-dumping duties on Vietnamese cold rolled stainless steel after completing a preliminary determination.

Increase processing to increase the value of Vietnamese coffee beans

30/12/2020

Under the commitments of the free trade agreements that Vietnam has signed, all member markets are open to Vietnam's roasted and deep-processed coffee to enjoy preferential tariffs upon import. This has encouragedbusinesses to invest in many projects forroasted and ground coffee processing and instant coffee.

Textiles go “straight ahead” into EU thanks to accumulation of origin with South Korea?

30/12/2020

Le Tien Truong, General Director of Vietnam National Textile and Garment Group (Vinatex) said that with the agreement between Vietnam and South Korea on the implementation of the provision of accumulation principle on the origin of fabric material in the Vietnam-EU Free Trade Agreement (EVFTA), garment products from Vietnam imported to the EU have a rate of meeting the rules of origin up to 50%.