Goods shipments to the US, Việt Nam’s largest market for export, have seen a strong resurgence over the recent months, with their value exceeding $10 billion in June and July.
In early September, the US Department of Commerce (DOC) lowered anti-dumping duties on frozen tra fish filets from Việt Nam following its latest preliminary conclusion.
The average price of Viet Nam’s tra fish (pangasius) exported to the US increased sharply in the first quarter of this year to the highest ever level of US$4.5 per kilogramme, according to the Viet Nam Association of Seafood Exporters...
While more than 85 per cent of the local honey exports go to the US, Viet Nam is at risk of losing the market due to the possible highest tax ever in an anti-dumping case.
Viet Nam and the US should enhance connectivity and work to ensure continuity of supply chains and prevent adverse impacts on the production sector, which has already been affected by the COVID-19 pandemic, an official has said.
The US is a potential market for Vietnamese fruit and vegetable exports thanks to the diverse distribution system along with a 3-million-strong overseas Vietnamese community.
Vietnamese exports to the US are increasing sharply as that country seeks to diversify supply to meet consumer demand and revive its economy after the Covid-19 pandemic.
Garment and textile industry exports in the first five months of this
year rose 6.1 per cent to US$8.6 billion, according to the Ministry of
Industry and Trade.