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Without a China trade deal, the U.S. will hike tariffs: Trump

20/11/2019

The United States would raise tariffs on Chinese imports if no deal is reached with Beijing to end a trade war, U.S. President Donald Trump said on Tuesday, threatening an escalation of the spat that has damaged economic growth worldwide.

WTO to allow South Korea to keep current tariff rate on imported rice

20/11/2019

The World Trade Organization will allow South Korea to keep a 513 percent tariff on imported rice next year, the agriculture ministry said Tuesday, a move that could help protect the rice market of Asia's fourth-largest economy.

India files appeal against WTO panel report on export subsidies

20/11/2019

As per the panel recommendations, India needed to withdraw the "prohibited subsidies" under the EOU/EHTP/BTP Schemes, EPCG Scheme, and MEIS, within 120 days.

India widens scope of ADD on jute yarn, sacking bags

20/11/2019

India has expanded the scope of anti-dumping duty imposed on jute yarn and sacking bags by including more Bangladeshi firms to protect domestic players from cheap shipments from there.

MoF to give tax incentives for automobile manufacturers, electric car imports

18/11/2019

Prime Minister Nguyen Xuan Phuc has instructed the Ministry of Finance (MoF) to look at taxes and fees related to automobile manufacturing and assembly in order to help the sector grow.

Pharmaceutical import turnover may reach $3 billion by end of year

18/11/2019

With the average pharmaceutical import turnover of $245 million per month, the figure for the whole year of 2019 may reach $3 billion, equaling 50 per cent of the whole scale of the market.

Coal, crude oil imports see upsurge

18/11/2019

Vietnam’s coal and crude oil imports increased in the first ten months this year as energy demand rose alongside economic expansion.

US antidumping pardoning offers little relief to Korean steel stocks

18/11/2019

Korean steel stocks battered by worsening earnings and grim outlook from global slowdown did not get relief from the preliminary U.S. pardoning of antidumping levies on Korean cold-rolled steel imports.