US market attracts Vietnamese enterprises

US market attracts Vietnamese enterprises

In the first four months of this year, export turnover to the US market had continuously seen sharp increases, maintaining the growth of over 20 percent over the same period. This is not beyond the expectation of enterprises. Besides the advantages that Vietnamese enterprises have got in their hands, the commercial counselor of the Vietnam Trade Office in the US also warned that this market is containing many great risks.
Vietnam’s sugar industry needs protection from trade defense tax

Vietnam’s sugar industry needs protection from trade defense tax

After Vietnam joined the ASEAN Trade in Goods Agreement (ATIGA), officially abolishing the import tariff rate quota and reducing import tax to 5 percent for countries in the ASEAN for a year, the domestic sugar industry has a significant backward step.
Vietnam applies anti-dumping measures on Chinese cold-rolled steel products

Vietnam applies anti-dumping measures on Chinese cold-rolled steel products

Based on the investigation results from September 2019 to now, the Ministry of Industry and Trade has just issued Decision No.3390 on the application of anti-dumping measures for some cold-rolled steel products in rolls or sheets originating from China and being dumped into Vietnam.
Egg packaging line at Ba Huan Joint Stock Company. (Photo: SGGP)

Government needs to be more drastic to save businesses

Nearly 93,500 enterprises have had to leave the market since the beginning of this year, an increase of 15.6 percent over the same period last year. The Covid-19 pandemic has developed complicatedly and has been negatively affecting the production of domestic enterprises.
Farmers grow sugarcane in Hau Giang Province. (Photo: SGGP)

Imported sugar hurts its domestic counterpart

The Vietnam Sugarcane and Sugar Association (VSSA) informed that there is enough evidence of dumping of imported sugar in the Vietnamese market, causing dozens of sugar refineries to close or halt operation. In the coming time, there will be more sugar refineries to suffer the same situation.
Enterprises should not be vague about trade remedies

Enterprises should not be vague about trade remedies

Amid the context that Vietnam has joined a larger and harsher “playground”, such as the EU-Vietnam Free Trade Agreement (EVFTA), the more Vietnamese enterprises need to be protected and must take measures to protect themselves.
Vietnam probes into high-fructose corn syrup imported from China, South Korea

Vietnam probes into high-fructose corn syrup imported from China, South Korea

Due to suspicion that liquid sugar products extracted from corn starch originating from China and South Korea showed signs of dumping in the Vietnamese market, the Ministry of Industry and Trade (MoIT) decided to investigate to impose anti-dumping duties to protect domestic enterprises.