Protectionism is limiting Vietnam exports


About 14 out of 25 countries in Asia, Africa and Oceania have initiated 145 trade investigations against Vietnam’s exports. — VNA/VNS

HANOI: Vietnam has faced 268 trade defence investigations, with more than half coming from Asia, Africa and Oceania, according to the Industry and Trade Ministry.

The numbers were released at a conference on increasing Vietnam’s export potential and capacity to respond to defence cases, held by the ministry and the Hanoi People’s Committee in the capital city on Tuesday.

About 14 out of 25 countries in Asia, Africa and Oceania have initiated 145 trade investigations against Vietnam’s exports, out of the total of 268 cases, according to Trinh Anh Tuan, director of the Trade Remedies Authority under the ministry.

The countries that have launched the most investigations are India, Turkiye, Indonesia and the Philippines.

In Asean alone, Malaysia, Indonesia, the Philippines and Thailand have investigated 52 cases involving Vietnamese goods.

In Oceania, Australia has investigated 19 cases involving Vietnam.

The trade ministry, together with relevant agencies, has participated as a concerned party in anti-subsidy investigations against the Vietnamese government. — Viet Nam News/ANN

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Oil prices edge up on geopolitical tensions, Opec+ supply plans
Teleport projects record RM1bil revenue in 2024, achieving 50% growth
KLIA tops global airport rankings for service quality
KLCI rises for second day, glove stocks rally
Asia Digital Engineering eyes US market with FAA approval in sight - CEO Mahesh
China's services activity expansion eases in Nov, Caixin PMI shows
Australia's Q3 GDP growth disappoints hopes for a rebound
Ringgit remains lower against US$ on jitters over South Korean turmoil
FBM KLCI rises after crossing key resistance level
Trading ideas: Mah Sing, Solarvest, Binastra, MMAG, Feytech, JFTech, Cloudpoint, T7, Malton, PJBumi, TMK, VS Industry, Magni-Tech

Others Also Read