Ministry helps enterprises effectively deal with trade remedies
- 123
- Business
- 17:06 30/05/2022
DNHN - The Ministry of Industry and Trade (MoIT) will continue to coordinate with relevant ministries and sectors in supporting businesses to minimise impacts of trade remedies which may have an detrimental effect on Vietnam’s export activities.
Accordingly, communication, training and legal knowledge dissemination activities will be enhanced to help business associations and enterprises improve their skills in handing foreign trade remedy investigation cases.
The MoIT said that the larger the exporting economies, the more susceptible they are to trade remedies, which the World Trade Organisation (WTO) allows its member countries to use to protect domestic industries against acts of unfair competition of imported goods.
With the Party's sound policies on international economic integration, export has become an important driver of the national economic growth. Vietnam's export turnover increased by 11.7 percent each year on average in the period 2016-2020, hitting 281.5 billion USD in 2020, and 336 billion USD in 2021.
With these results, Vietnam has become one of the 20 economies with the largest trade scale in the world. The Southeast Asian nation’s export goods are also facing more and more foreign trade defence investigation and application cases.
As of April 2022, Vietnam had faced 212 cases of trade remedy investigation in foreign countries.
Supporting enterprises in handling foreign trade remedy investigation cases has been institutionalised in the Law on Foreign Trade Management and concretised in a number of projects approved by the Prime Minister.
Thanks to efforts made by the Government, the business community's awareness of trade remedy is gradually being enhanced.
In some cases, the MoIT coordinated with related ministries and sectors to directly provide information at the request of foreign investigation agencies so that they can better understand policies and regulations of Vietnam and avoid drawing unfavorable conclusions for Vietnamese enterprises based on unbiased and inaccurate accusations.
The Vietnamese authorities’ support in handling foreign trade remedy investigation cases have proven effective.
In many cases, Vietnam has succeeded in proving that the Government does not subsidise or interfere in the market to create unfair advantages for exporters.
VNA
Related news
- Dong Thap Business Club in Ho Chi Minh City launches support fund to accompany enterprises
- Women entrepreneurs in the Era of National Advancement
- The move of a Chinese businesswoman into Vietnam’s snack market
- The Đại Dũng Group: A 30-Year journey of developing a sustainable value chain
- Rediscovering connection – a journey of discovery at LAMORI
- ShopeeFood and Grab dominate Vietnam’s food delivery market
- The ambitions of major enterprises in 2025
- Rice export prices expected to rebound soon due to limited supply
- Attracting investment in renewable energy – Driving the green economy
- Who are the two mysterious female tycoons holding 52 million HQC shares?
- GDP growth target for 2025: Aiming for a breakthrough pace
- “Green treasure” in the heart of the Mekong Delta
- Việt Nam sets import tariff quotas for salt and poultry eggs in 2025
- Brandnew e-commerce law to address policy gaps
- Bến Tre sets ambitious economic goals in 2025
- Chopin: The magical piano – Touching the heart and emotions of the audience
- The collaboration between Green power and Huawei: A major step in developing a 100MWp solar energy project
- VITA VINA: Where dreams of vocational study abroad take flight
- Green Power and Green Carbon Group sign cooperation agreement for development
- “Imposing high taxes on short-term real estate purchases reduces market liquidity”
#export activities

Export businesses face difficulties as sea freight rates rise
Logistics costs have now increased by about 130% compared to the end of 2023. This reality has been pushing domestic export businesses into a state of freezing many export orders.

Vietnam's agriculture sector and the goal of achieving $54 billion in agricultural exports
The Vietnamese agriculture sector has made significant progress in recent years, and currently, the goal is to boost agricultural exports to reach $54 billion.
Đọc thêm Business
Dong Thap Business Club in Ho Chi Minh City launches support fund to accompany enterprises
More than 150 Dong Thap entrepreneurs in Ho Chi Minh City gathered at Van Hien University to foster business connections, expand cooperation, share practical experiences, and stay updated on current business trends.
Khai Hung corporation signs Strategic Cooperation Agreement with Japanese partners
Signing a cooperation agreement with reputable Japanese partners is a strategic move, demonstrating Khai Hung Corp’s proactive approach in capturing market trends, accessing advanced technology, and leveraging international expertise.
Women entrepreneurs in the Era of National Advancement
The economic forum "Women Entrepreneurs in the Era of National Advancement" aims to honor the role of female leaders, promote collaboration, and connect the business community.
Rice export prices expected to rebound soon due to limited supply
The Vietnam Food Association (VFA) has forecasted that rice exports in 2025 will reach 7.5 million tons. The rice market is currently at its lowest point, but it is anticipated that importers will soon ramp up purchases, driving prices upward.
GDP growth target for 2025: Aiming for a breakthrough pace
According to the proposal, Vietnam's national GDP growth target for 2025 must reach at least 8%, laying a solid foundation for achieving double-digit growth rates.
Economic expert Võ Trí Thành assessed: President Donald Trump’s new trade policy will impact Vietnam
According to Dr. Võ Trí Thành, Director of the Institute for Brand and Competitive Strategy Research, Donald Trump’s new trade policy will have significant effects on Vietnam’s economy. He also provides strategic recommendations for businesses.
Vietnam's market advantage: Investment opportunities in a new context
Balancing interests, striving for a 7.5% GDP growth, enhancing international cooperation, promoting technological innovation, and developing appropriate foreign policies are the "keys" for the nation and businesses to overcome challenges.
Việt Nam sets import tariff quotas for salt and poultry eggs in 2025
The Ministry of Industry and Trade has announced import tariff quotas for salt and poultry eggs for 2025, aiming to meet domestic production and consumption needs.
Brandnew e-commerce law to address policy gaps
The proposed law seeks to address gaps in existing regulations and keep pace with technological advancements and evolving business models.
Bến Tre sets ambitious economic goals in 2025
The southern province of Bến Tre eyes ambitious goals to develop its industrial sectors, increase investment, and improve the business environment.