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More trade remedy investigations are expected in 2021. (Photo: VNA) Hanoi (VNA) - The Vietnamese enterprises have been recommended to gear up preparations as more trade remedy investigations are expected in 2021. Vietnam’s participation in 14 free trade agreements (FTAs) has helped fuel its trading activities. MoIT data shows that export turnover boomed from 15 billion USD in 2001 to nearly 100 billion USD in 2011 and then 281.5 billion USD in 2020. The figure is expected to rise 4-5 percent this year. Sharing the same upward trend in exports, however, is the number of trade remedy cases instigated against Vietnamese goods. Vietnamese exports, including major foreign currency earners like shrimp, tra fish, steel, and wooden products, have been subject to nearly 200 trade remedy cases so far.

Quang triHi duongRepublic ofDa nangÐn ngUnited kingdomPan pacific groupRural development nguyen xuan cuongCentral da nangImport export pan pacific groupRural development nguyen xuanUnited kingdom vietnam free trade agreementMinistry of industry and tradeVietnamese enterprisesTrade remedy investigationsFree trade agreements