The US has been carrying out antidumping investigation on made-in-Vietnam plywood. (Photo: SGGP)

US market no longer comfortable for Vietnamese enterprises

The US Government has recently increased import tariffs on goods imported from China which in short term might create certain advantages for exported goods of Vietnam; however, according to many enterprises, in long term, the US market is no longer a potential and comfortable market.
Vietnamese mangoes have officially been allowed to be exported to the US. (Photo: SGGP)

Vietnam, US two-way trade posts robust growth

Figures by the Vietnam Chamber of Commerce and Industry showed that two-way trade between Vietnam and the US has climbed by 120 times from US$450 million in 1994 to $60 billion in 2018.
The US levies an antidumping tariff of up to 250 percent on Vietnamese steel products. (Photo: SGGP)

Vietnamese firms encounter numerous trade barriers in US market

There have been 120 trade remedy cases which are mainly antidumping and anti-subsidy against Vietnamese exports by the US, the EU, India, Turkey and Canada by March this year, of which, most lawsuits were initiated by the US then followed by other markets under domino effect.