The seminar titled ‘US Countervailing Tariffs and Việt Nam’s Corporate Response’, organised by the Việt Nam Chamber of Commerce and Industry (VCCI) on the morning of April 18, attracted significant attention and participation from economic experts and the business community.
According to analysts of the VCB Securities Company, the outstanding export loans to the enterprises only account for five per cent of the total outstanding loans of the whole banking system,
Being cautious and proactive at this time will help Việt Nam protect its exports to the EU and preserve the international reputation of Vietnamese goods amid an increasingly volatile global trade landscape.
Over the longer term, Việt Nam must consider diversifying export markets, especially those with free trade agreements already in place. Markets in East Asia and the European Union offer viable alternatives based on demand and trade volume.
The new regulations aim to enhance the quality and reputation of Vietnamese food products in international markets, as well as ensure a transparent and efficient process for food exporters to comply with regulatory requirements.
The Ministry of Industry and Trade (MoIT) on March 4 organised a conference to evaluate and discuss trade promotion activities conducted in February through Vietnamese trade offices abroad.
The Việt Nam Trade Promotion Agency (VIETRADE) will organise a ''Trade Delegation to Japan’ this year, opening up great opportunities for Vietnamese businesses to access a potential billion-dollar market.
Việt Nam is projected to import an additional 6 million tonnes of corn and 1.7 million tonnes of soybean meal by 2034, representing 7 per cent of global corn imports and 9 per cent of global soybean meal imports.
Malaysia has announced it will initiate an anti-dumping duty investigation on the imports of galvanised iron coils/sheets or galvanised steel coils/sheets originating from or imported from Việt Nam, China and South Korea.
TRAV recommended that the Việt Nam Steel Association (VSA) notify relevant local manufacturers and exporters to answer the investigation questionnaire within the prescribed deadline.
The Government''s Decree 144/2024/NĐ-CP setting a preferential import tax rate for soybean meal (commodity code 23040090) has reduced this tax from 2 per cent to 1 per cent, creating better conditions for the enterprises to maintain production.