Local super producers to benefit from trade defense measures
The government will give the final decision on anti-dumping and countervailing duties on sugar from Thailand.
The government will give the final decision on anti-dumping and countervailing duties on sugar from Thailand.
At a time when the Covid-19 pandemic is causing severe impacts on the global economy, trade tensions among economies have escalated and resulted in excessive use of trade protection measures.
To date, Vietnamese goods and products are subject to a total of 200 trade probes, in turn affecting a trade turnover of nearly US$12 billion.
Despite trade protection measures from the authority, Vietnam’s steel imports continue to surge.
The neighboring country remained Vietnam’s leading supplier of steel over the last three years, with the quantity and value growing at two-digit growth rates annually.