News

Enterprises need to stand ready to benefit from EVFTA
Enterprises need to stand ready to benefit from EVFTA

18/02/2020

The EU-Vietnam Free Trade Agreement (EVFTA) was officially ratified by the European Parliament with 401 votes for (accounting for 63.33%) and the EVFTA dossier is being completed to be submitted to the Vietnamese President and the National Assembly (NA) for approval at the upcoming NA meeting in May. According to the progress, EVFTA may officially come into force in July this year. Time is running out and Vietnamese businesses need to be ready to overcome difficulties as well as taking advantage of the opportunities from the agreement.
EU launches anti-dumping investigation on China aluminium products
EU launches anti-dumping investigation on China aluminium products

18/02/2020

The European Commission has opened an investigation into whether China is dumping aluminium extrusions, products widely used in transport, construction and electronics, in the European Union, it said on Friday.
Australia’s anti-dumping excuse against Indonesia is paper-thin, says WTO
Australia’s anti-dumping excuse against Indonesia is paper-thin, says WTO

14/02/2020

On 27 January 2020, the WTO Dispute Settlement Body, made up of all WTO Members, adopted the panel report in a dispute initiated by Indonesia regarding anti-dumping measures imposed by Australia on imports of A4 copy paper from Indonesia (“Australia –A4 Copy Paper” or “DS529”). Adoption of the DS529 report, without appeal by either Australia or Indonesia, concludes a highly anticipated dispute, the implications of which go well beyond the product involved and the countries themselves.
How Budget counters ‘origin fraud’ in FTAs
How Budget counters ‘origin fraud’ in FTAs

14/02/2020

It puts the onus of verifying ‘country of origin’ of goods on importers. Banking on official processes can be a lengthy affair.
U.S. to slap nearly 48 pct anti-dumping tariff on S. Korean acetone
U.S. to slap nearly 48 pct anti-dumping tariff on S. Korean acetone

14/02/2020

The U.S. Department of Commerce on Wednesday decided to impose an anti-dumping tariff of up to nearly 48 percent on South Korean acetone products, citing their adverse impact on the domestic industry.
Gov’t to issue lists of preferential tariffs under EVFTA
Gov’t to issue lists of preferential tariffs under EVFTA

14/02/2020

The Government is set to issue a decree on the lists of preferential export tariffs and special preferential import tariffs to implement the EU-Vietnam Free Trade Agreement (EVFTA) when the deal comes into force in Vietnam.
EVFTA, EVIPA unleash market potential for European firms: German minister
EVFTA, EVIPA unleash market potential for European firms: German minister

14/02/2020

The EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA), which were ratified by the European Parliament (EP) on February 12, offer significant business opportunities for European enterprises, German Federal Minister for Economic Affairs and Energy Peter Altmaier has said.
Fruit, vegetable segment needs revamp: agriculture minister
Fruit, vegetable segment needs revamp: agriculture minister

14/02/2020

The fruit and vegetable farming segment needs to restructure production, enhance linkages among stakeholders in the value chain and invest in modern processing plants, Minister of Agriculture and Rural Development Nguyen Xuan Cuong has said.
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