Vietnam is facing an increasing risk of trade defence lawsuits as exports expand after the country's active international integration and participation in free trade agreements (FTAs).

The US has decided to conduct an investigation on whether Vietnam is dumping plywood products in the US. The decision could lead to a sharp fall in plywood exports to the market.

Vietnam’s aquatic export revenue is estimated to reach $778 million in November this year, pushing the total earnings in the first 11 months of 2019 to about $8 billion.

The local steel industry is dealing with an increasing number of tax evasion and antidumping lawsuits in other countries, due to the allegedly fraudulent origins of steel exports, according to the Vietnam Steel Association (VSA).

Vietnam’s products overseas, especially in the US, have been facing more anti-dumping lawsuits in recent years. 

Vietnamese steel manufacturers are awaiting decisions as Thailand, Malaysia and Indonesia, which buy 50 percent of Vietnam’s exports, are taking anti-dumping investigations against imports from Vietnam.