The Turkish Ministry of Economy has received a request for a second sunset review of anti-dumping measures applicable to Viet Nam’s V-shaped conveyor belts (V-belts).
Bilateral ties between Viet Nam and Turkey have room to flourish in the future, Deputy Prime Minister Vuong Dinh Hue told a business conference held on Thursday in the capital.
Trade ties between Viet Nam and Turkey, despite rapid expansion in recent years, remain far below potential, according to the Viet Nam Chamber of Commerce and Industry.
Turkey has decided to slap anti-dumping tax on plywood producers
from several countries, including Viet Nam, following a tax evasion
probe. The tax comes into effect immediately.
The Turkish government on March 4 terminated investigations into mobile phones imported from Vi?t Nam without safeguard measures, according to the Viet Nam Competition Authority (VCA).
Viet Nam and Turkey have set themselves a target of doubling bilateral
trade to US$3 billion this year, according to the Viet Nam Chamber of
Commerce and Industry (VCCI).
The international flight route between Russia and Phu Quoc will be
suspended until May 2015, according to Huynh Quang Hung - Deputy
Chairman of People''s Committee of the Phu Quoc island district, southern
Kien Giang Province.
Two-way trade between Viet Nam and Turkey reached US$738 million in the
first half of this year, with $665 million from Vietnamese exports,
according to the Ministry of Industry and Trade.
Viet Nam had recorded a trade surplus of US$474 million with Turkey in the first five months of 2014, Cong Thuong (Industry and Trade) newspaper has reported.
Viet Nam''s exports to Turkey saw significant annual growth of 34 per
cent, rising to US$185 million over the past two months, according to
the Ministry of Industry and Trade.