India removes import ban on six Vietnamese farm produce

The Ministry of Industry and Trade yesterday announced that India had officially removed an early March import ban on six farm produce from Vietnam including coffee bean, bamboo and bamboo toothpick, black pepper, cinnamon, bean and dragon fruits.

Farmeres harvest pepper in Bu Gia Map district, Binh Phuoc province (Photo: SGGP)

Previously, the Indian Embassy in Hanoi said that Vietnamese authorized agencies on March 20 informed India of abolishing a temporary import halt on some agricultural products from India.

The ministry also announced that it had made a decision to apply temporary anti-dumping measures on some H shaped steel products from China. The measure will be implemented under the form of additional import tariff with the highest rate of 36.33 percent and the lowest rate of 21.18 percent.

The decision was made after an investigation over a complaint by Posco SS Vina Company that the H shaped product’s price has been dumped.

By Van Phuc – Translated by Hai Mien

Other news

Most view

Fruit juice production at a domestic business (Illustrative photo: SGGP)

Beverage inventory highly increases: VBA

Beverage inventory in 2017 has increased 62 percent over the same period last year and many businesses have reduced their output by over 10 percent, said Vietnam Beverage Association (VBA) yesterday.
 

Banking-finance

Economy

Self - introduction

Stock market

VN-Index rockets to near 926 points this morning

After increasing 13 points to exceed 900 points on the previous session, VN-Index continued raising 21.27 points this morning to hit 924.89 points with a slew of major stocks advancing in the HCMC Stock Exchange.