VSSA requests investigation on trade remedies evasion into Thai cane sugar

VSSA requests investigation on trade remedies evasion into Thai cane sugar

Although Vietnam has had a decision to impose an anti-dumping tax on imported Thai sugar, there are signs that cane sugar from this country enter the Vietnamese market through a third country. The Ministry of Industry and Trade (MoIT) has received the petition of the Vietnam Sugarcane and Sugar Association (VSSA) for further investigation and prevention.
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.
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.
The steel industry accounts for 80 percent of trade remedy cases. (Photo: SGGP)

Safeguard measures narrow VN's steel export 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.