The US Department of Commerce (DOC) has announced the preliminary results of the 17th period of review (POR17) for the period from August 1, 2019, to July 31, 2020, regarding Vietnam’s tra and basa fish (pangasius) exported to the US.
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.
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.
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.
Vietnam's steel products are facing the risk that the export market will be narrowed due to several trade-remedy investigations and the imposition of anti-dumping duties. Facing that fact, many steel producers are making efforts to improve product quality to change the direction and promote exports to the European market.
Along with several free trade agreements that have been signed, countries in the world have also increased the technical barriers and safeguard measures to protect domestic production. This has caused many Vietnamese enterprises to face the risk of losing the export market if they do not prepare carefully before joining the market.
The Ministry of Industry and Trade on August 23 announced that the US Department of Commerce had released the final results of the 13th period of review which is from February 1, 2017 to January 31, 2018, imposing zero percent tariff on Vietnamese frozen warm-water shrimps.
The Ministry of Industry and Trade said that it would strengthen trade barriers to protect domestic manufacturing, starting by an anti-dumping investigation into imported medium density fiberboard (MDF) products.