Textile stocks have been on a temporary upswing thanks to the recent ratification of the EU-Vietnam Free Trade Agreement (EVFTA) but textile enterprises still face difficulties due to heavy dependence on imported raw materials and machinery as well as reduced demand worldwide.
Development chances for the sugar industry are still ahead if it can re-organise itself more effectively, Prime Minister Nguyen Xuan Phuc said at a meeting seeking ways to tackle difficulties facing the sector on February 18.
India has made a case for allowing a small and tight ‘green box’ of permissible subsidies for fisheries. Under this, New Delhi wants to include livelihood support for fishermen during the period when fishing is banned and subsidies for navigation and safety equipment.
The fisheries sector of Vietnam is facing an array of difficulties as the acute respiratory disease caused by the novel coronavirus (COVID-19) has led to contracted exports.
Minister of Industry and Trade Tran Tuan Anh has asked the northern provinces of Lang Son and Quang Ninh to resume imports, exports and transport of goods through three sub-border gates in the two localities after a suspension due to the outbreak of the coronavirus disease (COVID-19).
Expanding international cooperation will be a key to helping the Vietnamese tuna sector to create its brand in the global market, according to insiders.
On February 10, 2020, the Department of Commerce (“Commerce”) announced its affirmative final determinations in the AD and CVD investigations of imports of carbon and alloy steel threaded rod from China and India. See the fact sheet for a summary of the final cash deposit rates and margins.
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