Vietnam will strengthen efficiency in dealing with trade remedy cases at home and abroad in the second half of this year to protect the interests of manufacturing and exporting enterprises, according to the country's Ministry of Industry and Trade (MoIT).

In the first six months of 2023, there were four trade remedy cases against Vietnamese exports, slightly down from five cases in the same period of 2022, local newspaper Vietnam News reported on Wednesday.

There have been 231 trade remedy cases initiated by foreign countries and territories against Vietnamese exports, including 128 anti-dumping cases, 47 safeguard cases, 33 cases of anti-circumvention of trade remedies and 23 anti-subsidy cases, the newspaper said, citing the ministry.

The ministry's Trade Remedies Authority will continue to monitor and support local enterprises and manufacturing industries in completing dossiers for trade remedy investigations for Vietnamese products in foreign markets, it reported.

It will focus on anti-evasion tax cases for products having high export turnovers such as wood, solar cells and steel, as those cases have a large impact on local production and export, and high anti-evasion tax rates, it said.

The trade remedy investigation cases against Vietnamese products had been mainly anti-dumping and tax evasion in markets that regularly conduct trade remedy investigations such as the United States, India and Australia, the newspaper cited Trinh Anh Tuan, director of the authority.

Source: China.org.cn