Local exporters have been urged to prepare for any trade-related lawsuits and disputes arising from the escalating US-China trade war amid concerns that the two major powers will not reach an agreement this month.
With trade protectionism increasing, VN firms should prepare for trade-related lawsuits and disputes but also capitalise on opportunities from the ongoing US-China trade war.
Vietnamese exporters are usually passive in pursuing trade-related
lawsuits, while during difficult economic times, other countries started
actively using trade defence instruments to protect their domestic
production.