At a seminar on mitigating trade defence risks when increasing exports to CPTPP markets in Hanoi on November 27. (Photo: VNA)
Hanoi (VNA) – A seminar on mitigating tradedefence risks when increasing exports to CPTPP markets took place in Hanoi onNovember 27.
Phung Gia Duc, deputy head of the Trade Remedies Authorityof Vietnam’s office for addressing foreign trade defence processing, said thatmany member countries of the Comprehensive and Progressive Agreement forTrans-Pacific Partnership (CPTPP) are investigating trade defence casesinvolving Vietnamese products. Statistics show that Australia has initiated 18cases so far, and Canada and Malaysia over 10 cases.
The most vulnerable and likely-to-be-investigated products are those with rapidand strong growth, he went on, adding that the principle to initiate such alawsuit is an increase in imports.
Vu Van Phu, vice chairperson and general secretary ofthe Vietnam aluminum association, said that as trade defence measures in theworld and in Vietnam are increasing, aluminum enterprises have begun to payattention and change their perception of related risks.
They need support in connecting supply and demand, expandingmarkets, and avoiding dependence on a single market when facing trade defenceinvestigations, Phu said.
Duc held that such cases will grow rapidly in the time tocome. Therefore, businesses must regularly update changes in foreign laws. TheMinistry of Industry and Trade will frequently organise dialogues on the issuewith foreign investigation agencies.
The Vietnamese Government will protect Vietnameseenterprises but will also resolutely guard against businesses evading tradedefence measures through illegal imports or origin evasion, he affirmed./.
The UK is set to recognise that Vietnam’s industries are operating in a market economy and will not impose unfavourable rules should they be investigated under trade defence measures, according to the Trade Remedies Authority of Vietnam.
The US’s increased trade defence measures on imports in general and Vietnamese goods in particular has made it increasingly hard to export to this market, according to Counsellor and head of the Vietnam Trade Office in the US Do Ngoc Hung.
The Ministry of Industry and Trade has provided early warnings for 18 export products originating from Vietnam which are facing a high risk of being investigated for trade defence measures, origin fraud and illegal transshipment.
Thanks to free trade agreements with tariff barriers gradually being removed, the exports of Vietnamese products have been on the rise. However, they are likely to face trade defence lawsuits.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
At a seminar on mitigating trade defence risks when increasing exports to CPTPP markets in Hanoi on November 27. (Photo: VNA) 
