Vietnamese firms updated on trade protection regulations in US
Updated information on legal trends and trade protection in the US as well as recommendations for Vietnamese enterprises were given to businesses at a conference held in Hanoi on June 25.
Hanoi (VNA) – Updated information on legal trends and trade protection in the US as well as recommendations for Vietnamese enterprises were given to businesses at a conference held by the Vietnam Chamber of Commerce and Industry (VCCI) and the Ministry of Industry and Trade in Hanoi on June 25.
Nguyen Thi Thu Trang, Director of the VCCI’s Centre for WTO and Integration said global trade has seen signs of complicated trade protection, especially in big markets.
The US is an important market of Vietnam, but it also a market that accounts for 22 percent of total anti-dumping and anti-subsidy lawsuits against Vietnam, noted Trang.
She held that over the years, the situation in the US regarding trade protection has changed significantly, affecting Vietnam’s exports to the market.
Currently, Vietnam is facing 17 anti-dumping lawsuits, mostly related to industrial, garment and metal products, she said, adding that she hopes the conference will help Vietnamese firms update latest information of legal regulations in the US.
Daniel Calhoun, Chief Counsel for Trade Enforcement and Compliance at the US Department of Commerce, said WTO agreements on anti-dumping, anti-subsidy and trade defence are unchanged despite efforts to adjust some regulations related to the agreements.
Trang pointed out that anti-dumping lawsuits normally have a short duration, while technical requirements are complicated and Vietnamese firms are not ready for lawsuits abroad and lack legal support, so early preparation is crucial.
⛎ Domestic enterprises should raise their awareness and knowledge of the procedures of lawsuits and their export market, while regularly coordinating with their import partners to keep track of changes in regulations.-VNA
Deputy Prime Minister Vuong Dinh Hue has stressed a strong change in international economic integration in 2018, focusing negotiations on and signing of new FTAs.
Prime Minister Nguyen Xuan Phuc has required every sector to build quarterly growth scenario completed with specific plans, solutions and task assignment, to submit to him before the Lunar New Year.
Vietnam’s economy had a good start in 2018 with a 7.38 percent GDP growth in first quarter, but experts warn of challenges and risks ahead in the remaining of the year as well as following years.
Vietnam and the European Union (EU) have finished the legal review process for their free trade agreement (FTA) and reached agreement on the entire of the bilateral investment protection deal.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Overview of the conference (Photo: VNA)
