Adapting to trade remedies, increasing export opportunities to the US

Adapting to trade remedies, increasing export opportunities to the US

VCN - 2022 saw growth in two-way trade between Vietnam and the United States. According to Do Ngoc Hung, Trade Counselor, Vietnam Trade Office in the US, Vietnam takes advantage of the opportunity to expand its market and export to the US.
What can be done to minimize the impact of trade remedies?

What can be done to minimize the impact of trade remedies?

VCN - According to WTO statistics, from the establishment of the WTO to the end of November 2022, countries have investigated more than 6,400 anti-dumping cases, more than 640 anti-subsidy cases, and more than 400 self-defense cases.
The timber industry needs more warning measures on trade remedies

The timber industry needs more warning measures on trade remedies

VCN - Mr. Ngo Sy Hoai, Vice President and Secretary General of the Vietnam Timber and Forest Products Association, said that the wood industry wants State management agencies to promote warning measures and recommendations, and at the same time support training, increase awareness and skills to respond to trade remedies in order to prevent and respond more effectively to trade remedies lawsuits.
The deeper the integration, the greater the pressure of suing for trade remedies

The deeper the integration, the greater the pressure of suing for trade remedies

VCN - Vietnam has been participating in the negotiation and signing of many important Free Trade Agreements (FTAs), opening up great opportunities for exports. However, at the same time, Vietnamese goods are also facing more and more pressure of being inv
Applying trade remedies for some cane sugar products

Applying trade remedies for some cane sugar products

VCN - In order to unify implementation, the General Department of Customs has guided local Customs Departments to follow Decision 1514/QD-BCT dated August 1, 2022 of the Ministry of Industry and Trade on the application of measures to prevent the evasion
Trade remedies imposed on sugar imports from five ASEAN countries

Trade remedies imposed on sugar imports from five ASEAN countries

The Ministry of Industry and Trade has decided to impose trade remedies against sugar products imported from five ASEAN countries that use Thai sugarcane.
Trade remedies are an inevitable part of economic integration

Trade remedies are an inevitable part of economic integration

Trade remedies are an indispensable element in the business environment. From there, enterprises must effectively devise strategies for production, market and response.
The deeper international economic integration, the more trade defense lawsuits increase

The deeper international economic integration, the more trade defense lawsuits increase

In the process of deep integration into the world economy, many export products of Vietnam have created great competitive pressure in the markets of importing countries
Vietnamese exports being subject to 208 trade remedy investigations

Vietnamese exports being subject to 208 trade remedy investigations

By the end of August 2021, Vietnam's export goods have been subject to 208 cases of trade remedy investigation.
Vietnamese firms advised to brace for trade remedies in ASEAN

Vietnamese firms advised to brace for trade remedies in ASEAN

The Trade Remedies Authorities of Vietnam has recommended domestic enterprises to prepare legal knowledge and resources to deal with potential lawsuits from export markets, particularly in the Association of Southeast Asian Nations (ASEAN).
Ministry investigates evasion of trade remedies for  cane sugar

Ministry investigates evasion of trade remedies for cane sugar

The Ministry of Industry and Trade (MoIT) on September 21 issued a decision to investigate the evasion of trade remedies for cane sugar products originating from Thailand after considering requests from domestic sugar producers.
Sugar imports from five ASEAN countries increased by 10 times

Sugar imports from five ASEAN countries increased by 10 times

The amount of sugar imported from Cambodia, Laos, Malaysia, Myanmar, and Indonesia into Vietnam reached 399,189 tons
Trade remedies must be in business strategy

Trade remedies must be in business strategy

VCN- On October 27, in Hanoi, the Vietnam Chamber of Commerce and Industry (VCCI) worked with the Vietnam Trade and Industry Bureau (Ministry of Industry and Trade) to hold a seminar on trade remedies - a tool to protect interests of domestic industry in
Ministry of Trade and Industry lays out five mission groups on anti-fraud of origin

Ministry of Trade and Industry lays out five mission groups on anti-fraud of origin

The Ministry of Trade and Industry issued an action programme of implementing Decree No.119/NQ-CP
Concern about increasing lawsuits over evading trade remedies

Concern about increasing lawsuits over evading trade remedies

VCN - Vietnam is facing more lawsuits over evasion of trade remedies, posing concern for exporters. To "fight" origin fraud and avoid more lawsuits, businesses are determined to play a key role.
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