The Ministry of Industry and Trade has issued Decision No.1514 on applying measures to prevent evasion of safeguard duties for some cane sugar products imported from Cambodia, Indonesia, Laos, Malaysia, and Myanmar.

Trade remedies have helped the domestic sugar production industry to recover and farmers to stabilise production, according to experts.

The Ministry of Industry and Trade has issued a decision to investigate the evasion of trade remedies for cane sugar products originating from...

Local exporters need to proactively identify risks and work closely with state management agencies to respond to trade remedies in the increasingly complicated imported markets, 

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).

At a time when the Covid-19 pandemic is causing severe impacts on the global economy, trade tensions among economies have escalated and resulted in excessive use of trade protection measures.

The increase in Vietnam’s exports in recent years may prompt import countries to activate trade remedies against Vietnam’s products.

As Vietnam is continuously increasing its presence and exploring new export markets, applied trade remedies against domestic producers and their goods have become more frequent.

Vietnam was among four countries worldwide subject to the largest number of trade remedies from January to September 2020, according to the Ministry of Industry and Trade.

International trade remedies are used by many countries to protect their domestic industries, especially now production has stalled due to the impacts of COVID-19.

While local export products have been facing more anti-dumping investigations and tax evasion cases in foreign countries, Vietnamese enterprises are still unaware of the risk.

With an array of free trade agreements (FTAs) inked and coming into force, countries around the world have also increased technical barriers to protect their domestic industries,

The Vietnamese Ministry of Industry and Trade (MoIT) is planning to increase the number of training courses it organises on trade remedies for the domestic production industry.

Vietnam is increasing the application of trade defence instruments to protect the legitimate rights of domestic producers as the country integrates rapidly into the global economy.

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

Steel manufacturers are facing bigger barriers, trade remedies and measures to restrict imports from major markets. However, exports are expected to reach $3 billion this year.

VietNamNet Bridge - Vietnamese steel manufacturers oppose the possible imposition of safeguard measures against ingot steel imports, saying that higher taxes will increase prices.

MOIT has confirmed that the agency is following necessary procedures to deal with the case in which four Vietnamese steel manufacturers have proposed to apply trade remedies against ingot steel and long steel imports.

Vocarimex, together with the other 7 vegetable oil manufacturers in Vietnam have asked to apply safeguard measures to protect the local production.