Turkey applies temporary measure on Vietnamese yarn
The General Directorate for Imports under the Turkish Ministry of Economy has slapped a temporary duty of 36.28 percent on partially oriented yarn (POY) products imported from Vietnam, according to the Vietnamese office of commercial affairs in Turkey.
Turkey has slapped a temporary duty of 36.28 percent on partially oriented yarn (POY) products imported from Vietnam. (Photo: VNA)
Hanoi (VNA) – The General Directorate for Imports under the TurkishMinistry of Economy has slapped a temporary duty of 36.28 percent on partiallyoriented yarn (POY) products imported from Vietnam, according to the Vietnameseoffice of commercial affairs in Turkey.
The Ministry of Industry and Trade said that the Turkish measure is alsodesigned to fight against the evasion of anti-dumping duty imposed on POYproducts from China, India, Malaysia, Indonesia, Taiwan (China) and Thailand.
The measure will take effect until Turkey gives a final conclusion on an anti-dumpingduty evasion investigation, which was launched in February this year followinga petition from Korteks Mensucat ve Sanayi Anonim Sirketi company.
The Turkish Ministry of Economy said that the temporary measure is applied dueto an upsurge in POY imports into the country during 2010-2016.-VNA
Fibre and yarn exports reached 750,000 tonnes, worth more than 1.85 billion USD, over the past seven months, surging 17 percent in volume and 26.5 percent in value against the same period last year.
The Korea Trade Commission has extended its anti-dumping investigation against ferroalloy imported from Vietnam, Ukraine and India and will arrive at a final decision on October 1 this year instead of August 1 as per the previous deadline.
The Anti-Dumping Commission of Australia (ADC) chose not to apply anti-dumping duties on wind towers imported from Vietnam 60 days after it began investigating the alleged dumping of the goods, according to the Vietnam Competition Authority.
The Ministry of Agriculture and Rural Development (MARD) has issued a safety control programme designed for Siluriformes fish (mainly tra and basa) and related products exported to the US market.
The US Department of Commerce has rescinded the administrative review, in part, of the antidumping duty order on frozen warm-water shrimp from Vietnam for the period from February 1, 2016 through January 31, 2017.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.