Vietnam malaysia trade

Vu Ba Phu, Director of the Viet Nam Trade Promotion Agency under the Ministry of Industry and Trade talks to Hải Quan (Customs) newspaper about trade promotion strategies to help Vietnam take advantage of free trade agreements. Vietnam seeks sustainable agricultural exports via official channel Vietnam's agriculture applies science-technology for sustainable development What do you think about the impacts of trade promotion activities on Vietnam’s export turnover? There have been recently a number of trade promotion activities including the national trade promotion programme, national brand programme and other activities aiming to improve the capacity of and provide information to enterprises. These activities have boosted export turnover of Vietnamese businesses, especially small and medium-sized enterprises (SMEs) with limited resources. There have been thousands of training courses each year for SMEs nationwide to improve their capacity, develop their products, … [Read more...] about Vietnam prioritises trade promotion on e-commerce platforms

India’s Directorate General of Trade Remedies (DGTR) has initiated an investigation on potential anti-dumping duties against imported flat rolled stainless steel products from 15 countries and territories including Vietnam. Flat rolled stainless steel products from Viet Nam are under investigation in India and could be subjected to anti-dumping duties. — Photo trav.gov.vn The products have HS codes 7219 and 7220. The Trade Remedies Authority of Viet Nam under the Ministry of Industry and Trade said the investigation was initiated on July 3 by DGTR after Indian steelmakers claimed that the imports of the products had hurt their business. Plaintiffs including the Stainless Steel Development Association (ISSDA), M/s Jindal Stainless Limited, Jindal Stainless (Hisar) Limited and Jindal Stainless Steelway Limited said they believed the products from these countries are being dumped into the Indian market and requested anti-dumping duties on the imports of the products. … [Read more...] about India opens investigation into steel imports from Vietnam

Cabbages are packed after being harvested at a farm. (Illustrative photo: VNA)   HCM City (VNA) - Vietnam’s fruit and vegetable exports are expected to top 4.5 billion USD by 2020, with fruits accounting for 3.6 billion USD, according to the Crop Production Department. Vietnam’s varied geographic and climatic conditions have allowed it to diversify its fruit and vegetable production, giving it great export potential, Nguyen Hong Son, director of the department, told a recent seminar on the potential and development orientation of horticulture and floriculture in Vietnam. The fruit-tree-growing area, productivity and output have gone up significantly in the past 15 years. Banana is grown on the largest area followed by mango, longan, litchi, grapefruit, dragon fruit, pineapple, durian, lemon, rambutan, jackfruit, custard apple, tangerine, and guava. According to Son, 80 percent of the output is sold in the domestic market as fresh fruits mainly through traditional … [Read more...] about Vietnam targets 4.5 billion USD from farm produce exports by 2020

      Vũ Bá Phú, Director of the Việt Nam Trade Promotion Agency under the Ministry of Industry and Trade talks to Hải Quan (Customs) newspaper about trade promotion strategies to help Việt Nam take advantage of free trade agreements.   What do you think about the impacts of trade promotion activities on Việt Nam’s export turnover? There have been recently a number of trade promotion activities including the national trade promotion programme, national brand programme and other activities aiming to improve the capacity of and provide information to enterprises. These activities have boosted export turnover of Vietnamese businesses, especially small and medium-sized enterprises (SMEs) with limited resources. There have been thousands of training courses each year for SMEs nationwide to improve their capacity, develop their products, brand and product design. There have been also hundreds of training courses every year … [Read more...] about Việt Nam prioritises trade promotion on e-commerce platforms

Vietnam has emerged as an attractive destination for foreign investors that intend to move their investment out of China due to their worries over high labour costs and escalating tariffs caused by the trade tensions. The US raised the pressure by lifting tariffs to 25 per cent from 10 per cent on the US$200 billion list of Chinese imports as negotiations on resolving the ongoing US - China trade war stalled last week. Meanwhile, President Trump stated he could impose 25 per cent tariffs on another US$300 billion worth of Chinese goods. China in turn has made clear that it will respond to US tariffs in a similar fashion. The Asian country is scheduled to levy retaliatory tariffs on some 5,000 imports from the US on June 1 onwards. Analysts believe that the trade war is currently at its peak and it could trigger a global crisis. Failure by the US and China to reach any agreement is likely to result in a slowdown in global trade and escalate the risk of a global recession. Dr. Le … [Read more...] about US – China trade tensions likely to benefit Vietnam