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Vietnamese trade turnover surges 3.6% over 11 months

05/12/2020

Vietnam’s total import-export turnover reached approximately US$490 billion during the past 11 months of the year, representing an annual increase of 3.6%, according to statistics released on December 3 by the General Department of Vietnam Customs.

India revokes anti dumping duty on nylon tyre cord fabric

05/12/2020

India Thursday revoked anti-dumping duty on nylon tyre cord fabric imported from China, the Central Board of Indirect Taxes and Customs (CBIC) said in a notification.

China to keep anti-dumping duties on Australian wine for up to four months

05/12/2020

China will keep temporary anti-dumping duties on wine imports from Australia for up to four months, but could extend them to nine months in special circumstances, the commerce ministry said on Thursday.

Textile and garment exports to hit US$34 billion in 2020

05/12/2020

Vietnam’s total textile and garment export revenue is forecast to reach US$33.5 – US$34 billion in 2020, down 14-15% over 2019 but higher than the previous forecast of US$31 billion.

2020 aquatic product exports predicted to hit US$8.6 billion

05/12/2020

Vietnam may earn US$8.6 billion from exporting aquatic products this year, the same as the figure in 2019, the Vietnam Association of Seafood Exporters and Producers (VASEP) has forecast, adding that it would be a result beyond the expectations of most given the COVID-19 pandemic.

India extends anti-dumping duty on steel products from China, US

05/12/2020

India has extended anti-dumping duty on imports of cold-rolled flat products of stainless steel of width 600-1250 mm and above 1250 mm of non-bonafide usage, from China, Korea, European Union, South Africa, Taiwan, Thailand and the US, till January 31, 2021.

Ministry of Industry and Trade issues a Circular guiding the implementation of the EVFTA regarding trade remedies

03/12/2020

The content of trade remedies is specified in chapter 3 of the Agreement, including measures to protect members’ domestic production industry protection in the event of unfair competition (dumping/subsidy) and/or a sudden increase in imported goods, leading to damage to the domestic industry due to the implementation the Agreement.

Vietnamese pangasius exporters urged not to panic as China conducts additional inspections

02/12/2020

The Vietnam Association of Seafood Exporters and Producers (VASEP) has asked pangasius companies to stay calm as their export cargoes began piling up at Chinese ports due to the latter’s increased inspections on imported frozen seafood.