Economy & Trade

U.S. Commerce Department Initiates Sunset Review of Vietnam Laminated Woven Sacks

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The U.S. Department of Commerce (DOC) has initiated the first sunset review of anti-dumping and countervailing duty orders on laminated woven sacks imported from Vietnam, as reported by Vietnam’s Trade Remedies Authority under the Ministry of Industry and Trade (MoIT). This decision was made public by the DOC on May 1. The products under investigation […]

U.S. Halts Anti-Dumping Probe into Vietnam Steel Rolls

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The U.S. Department of Commerce (DOC) has officially halted its investigation into steel rolls imported from Vietnam, as reported by Vietnam’s Trade Remedies Authority under the Ministry of Industry and Trade. The DOC announced its decision on April 30, concluding the anti-dumping probe that began on August 7, 2023. Dexstar Company, a U.S. entity, had […]

Is Vietnam a Market Economy? U.S. Considers Status Upgrade

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The U.S. is debating whether to upgrade Vietnam’s non-market economy status to a market economy to support President Biden’s aim of fostering a “friend-shoring” relationship and diversifying supply chains away from China, potentially ending high duties on Vietnamese imports.

Vietnam Foreign Trade Continues Recovery in 2024

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Vietnam’s foreign trade continued to rebound in the first four months of 2024 following a major trade slump recorded in 2023, per GSO data.

Vietnam’s Total Foreign Investment Climbs to US$9.27 Billion in Four Months: GSO

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Vietnam received an estimated US$6.28 billion in FDI during Jan-April of this year, marking the highest level in the past five years.

UNDP Releases Vietnam PAPI 2023 Report: Progress on Anti-Corruption, E-Governance

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In the PAPI 2023 Rankings, Thua Thien-Hue Province in central Vietnam claimed the top spot among 63 localities with 46.04 points. Thai Nguyen and Bac Ninh Provinces secured second and third positions with 45.78 and 45.7 points, respectively.

ESG Strategy a Key Focus Area for Foreign Businesses in Vietnam

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We discuss findings from the VBF’s survey of foreign business stakeholders in Vietnam, including progress and concerns over ESG priorities.

Vietnam Exports to the US in Q1 2024 Reach US$25.77 Billion

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Vietnam exports to the US in the first quarter (Q1) of 2024 accounted for 27.7% of the entire export turnover of the Southeast Asian economy.

Unlocking Investment Opportunities: Vietnam’s Q1 Business Activity Rebound

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We note the increased business activity seen in Q1 2024 across key sectors in Vietnam and briefly discuss the opportunities it presents for investors.

Vietnam-Spain Bilateral Relations: Trade and Investment

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We look at the latest data on bilateral trade and investment and discuss the various tax and investment treaties signed by Spain and Vietnam.

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