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.
As trade protectionism is forecast to grow further around the world in 2021, the Ministry of Industry and Trade (MoIT) is set to step up trade defence measures in accordance with international law and commitments.
US not impose tariff or sanction on Vietnam’s exports Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
16/01/2021 23:30 GMT+7
The US Trade Representative (USTR), in its report released on January 15 on findings in the Section 301 investigation of Vietnam’s acts, policies, and practices related to currency valuation,
did not mention or recommend the imposition of tariff or any sanction measures on Vietnam’s exports, the Ministry of Industry and Trade said on January 16.
Minister of Industry and Trade Tran Tuan Anh talks on the phone with US Trade Representative Robert Lighthizer on January 7 on bilateral economic and trade issues (Photo: VNA)
Vietnam’s domestic automaker VinFast, a subsidiary of conglomerate Vingroup, sold a total 29,485 cars in 2020, according to a sales report of the company.
At a Petrolimex filling station (Photo: VNA)
Hanoi (VNA) - Retail
petrol prices rose by more than 400 VND from 3pm on January
11, the fourth increase in a row, following the latest review by the Ministry
of Industry and Trade and the
The price of
E5 RON92 biofuel increased by 430 VND to a
maximum of 15,948 VND (0.69 USD) per litre and RON95-III by 451 VND to no more
than 16,930 VND per litre.
Diesel 0.05S and kerosene, meanwhile, now sell at no more
than 12,647 VND and 11,558 VND per litre, up 271 VND and 370 VND per litre,
respectively.
The price of Mazut 180CST 3.5S remains unchanged at no more