Local companies do not have to worry about a preliminary anti-subsidy tariff imposed by the US Department of Commerce on car and truck tyres from Việt Nam, executives told local media.
With the tariffs being slashed to 0% under the EU-Vietnam Free Trade Agreement (EVFTA), Vietnamese coffee exports to the Scandinavian market, including Sweden, Denmark, and Norway, are expected to enjoy a number of competitive advantages compared to those of rival exporters.
With a positive recovery from the beginning of the third quarter of 2020, Vietnam's import-export turnover after 10 months has increased by 2.62% over the same period in 2019, estimated at US$439.8 billion. Of which, export turnover reached US$229.27 billion, up 4.7% over the same period in 2019.
The Ministry of Industry and Trade (MoIT) held a workshop on November 4 to discuss tools to protect businesses against trade defence lawsuits in export markets in the context of integration.
A business networking event to promote connection of technology supply and demand between enterprises of Vietnam and the Republic of Korea (RoK) took place in the northern port city of Hai Phong on November 3.
Việt Nam’s underdeveloped fabric production is making it difficult for textile and garment businesses to take advantage of free trade agreements, including the Europe – Việt Nam FTA (EVFTA).
The Vietnamese economy looks set to benefit from joining new generation free trade agreements (FTAs) which will have a great impact on the expansion of the local import-export market and new online business models.
Vietnamese seafood exports to Canada have witnessed robust growth in recent times following the implementation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), with shrimp, tuna, and basa fish making up a high market share in the Canadian market, according to industry insiders.
Chairman of the People’s Committee of HCM City Nguyen Thanh Phong on October 29 hosted a reception for a delegation of ambassadors from European Union (EU) member countries.
Việt Nam's exports rose 4.7 per cent year-on-year in the first ten months of this year to US$229.2 billion, for a trade surplus of a record $18.7 billion, according to the General Statistics Office.
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