News

US, EU announce tariff agreement on lobsters, other products
US, EU announce tariff agreement on lobsters, other products

24/08/2020

The United States and the European Union (EU) on Friday announced a tariff agreement on lobsters and other products in a bid to increase trans-Atlantic market access, calling "the first U.S.-EU negotiated reductions in duties in more than two decades."

Ministry proposes probe into imported sugar
Ministry proposes probe into imported sugar

24/08/2020

The Ministry of Industry and Trade has just sent a report to the Prime Minister on the application of appropriate safeguard measures on sugar products imported from some countries in the ASEAN into the Vietnamese market.
India Imposes Anti-dumping Duty on Phosphoric Acid from Korea
India Imposes Anti-dumping Duty on Phosphoric Acid from Korea

24/08/2020

India on Friday imposed anti-dumping obligation on phosphoric acid from Korea for 5 years with a view to protect home producers from low cost imports. 
S. Korea to extend anti-dumping tariffs on Chinese, Malaysian plywood
S. Korea to extend anti-dumping tariffs on Chinese, Malaysian plywood

21/08/2020

South Korea's trade commission on Thursday made a preliminary decision to extend anti-dumping tariffs on plywood products from China and Malaysia for five years, as it has concluded that such goods can be dumped into the local market when the existing barriers are eliminated.
Australia’s winemakers may be hoping in vain China drops anti-dumping case as it did with the EU
Australia’s winemakers may be hoping in vain China drops anti-dumping case as it did with the EU

21/08/2020

China’s Ministry of Commerce said that it had started an investigation into inexpensive Australian wines allegedly being sold in China below fair market prices.
Optimistic signs for leather, footwear industry
Optimistic signs for leather, footwear industry

21/08/2020

Like other industries, the leather and footwear industry has also encountered many difficulties due to the influence of the Covid-19 pandemic. However, according to many experts, with the pandemic being controlled fairly well and the EU-Vietnam Free Trade Agreement (EVFTA) taking effect from the beginning of August, the leather and footwear industry will recover soon.
Wood processing to become spearhead economic sector by 2025
Wood processing to become spearhead economic sector by 2025

21/08/2020

The wood processing industry is to become a spearhead economic sector by 2025, posting export turnover of about 20 billion USD to contribute to socio-economic development and stabilise the livelihoods of people living in forested areas.
US stays antidumping duties on ferrovanadium imports from South Africa, China
US stays antidumping duties on ferrovanadium imports from South Africa, China

21/08/2020

The existing antidumping duties on ferrovanadium imports from South Africa and China will continue following final determinations from both the US Department of Commerce and the US International Trade Commission, according to a Federal Register notice published Aug. 20
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