The US Department of Commerce (DOC) has ended in its entirety the probe into trade remedy tax evasion on wooden cabinets imported from Vietnam, according to the Trade Remedies Authority of Vietnam (TRAV) under the Ministry of Industry and Trade.
The Ministry of Planning and Investment (MPI) has taken various solutions to support domestic firms to join the global semiconductor supply chain more intensively, heard a meeting held on July 15 by the ministry.
Authorities have continuously warned Vietnamese businesses to stay prudent when trading with foreign partners in the face of a recent scam increase.
Vietnam’s export products are facing 252 trade defence lawsuits from 24 markets as of June, according to the Ministry of Industry and Trade.
The bilateral trade between Vietnam and China is reaching the threshold of US$100 billion in the first half of this year, with bilateral trade recording positive recovery despite on-going global economic difficulties and geopolitical conflicts.
Việt Nam recorded a trade surplus of US$11.63 billion in the first six months of 2024, according to the General Statistics Office.
The agro-forest-fishery sector has a trade surplus of US$8.28 billion in the first half of this year, an increase of 62.4 per cent, on robust exports, according to the Ministry of Agriculture and Rural Development.
Vietnam and the European Union (EU) have enjoyed fruitful cooperation in the field of aquatic farming, exploitation and import-export as well as illegal, unreported and unregulated (IUU) fishing combat, according to Vietnamese agricultural counsellor in Belgium and the EU Tran Van Cong.
US businesses are eager to invest in Vietnam because they recognise the country's enormous potential following the US-Vietnam Comprehensive Strategic Partnership.
Vietnam and Singapore have potential and advantages to promote fisheries cooperation, industry insiders said at a conference connecting fishery businesses of Vietnam and Singapore in Ho Chi Minh City on June 25.
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