Timber deal clearing path for US trade

Timber deal clearing path for US trade

The announcement that the United States has decided not to take any trade action on Vietnamese timber following a 12-month investigation is helping to clear the path for increased trading activity between the two.
New rivals emerge in wood industry battle

New rivals emerge in wood industry battle

While partially lifted social restrictions have been representing a glimmer of hope for domestic manufacturers and exporters of wood products, a heavy competitor in Mexico is emerging, meaning Vietnamese groups are being asked to up their game.
Smooth and gradual reopening to be key

Smooth and gradual reopening to be key

Although Vietnam is attempting to move towards a new normal, experts said it is important to achieve uniformity within all policies across the country, including to ensure that production and business can fully resume while any leftover of the pandemic is isolated.
Balanced planning in the works for power

Balanced planning in the works for power

With the National Power Development Plan VIII still being scrutinised in various drafts, voices are being raised to even out the balance between a sustainable and affordable power supply and a steady grid structure.
Dragon fruit diversification key to success

Dragon fruit diversification key to success

Following restrictions on imports from Vietnam into China, the former’s dragon fruit farmers are confronted with a critical oversupply of fresh fruit – but while there is no immediate solution, voices are being raised to end the strong reliance on the Chinese market.
New tactics in tow for sticky solar situation

New tactics in tow for sticky solar situation

Learning from the lessons of the previous feed-in tariffs that caused the domestic solar power market to be oversupplied, the Ministry of Industry and Trade is currently drafting a new policy to lay the foundation for a more sustainable development approach in the sector.
Tightening up the nation’s lawmaking for business

Tightening up the nation’s lawmaking for business

Phan Duc Hieu, member of the National Assembly’s Economic Committee, explained to VIR’s Hai Van what the government’s plan is in amending a batch of different laws.
Container cost chaos adds to baulking domestic limitations

Container cost chaos adds to baulking domestic limitations

The container crisis is causing headaches among exporters who are trying to ensure their delivery schedules in the year-end shopping season. However, the global demand vastly outruns supply, with plans of local steelmakers to support the market with more empty containers representing merely a feeble silver lining.
Garment and textile groups bemoan curbs

Garment and textile groups bemoan curbs

With the autumn-winter season coming up, Vietnam’s garment and textile industry could cash in on the increased demand for clothing. However, amid social distancing, a resulting labour shortage, and vastly increased shipping costs, domestic apparel producers are struggling to make use of such opportunity and keep up with orders.
US dumping allegations threaten solar exporters

US dumping allegations threaten solar exporters

While the market for solar panels and cells is booming amid the escalating climate change and energy demand, some exporters in Vietnam could be facing trade remedy actions if the US Department of Commerce deems them part of a larger scheme by Chinese producers allegedly trying to circumvent antidumping rules.
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