Workers process wood at Sahabak Joint Stock Company in northern Bac Kan Province (Photo:VNA)
Hanoi (VNA)🍸 - Turkey has decided to levy an anti-dumping tax of 240 USD per cubic metre on Vietnamese plywood products.
The Vietnam Competition Authority under the Ministry of Industry and Trade on August 30 said that the Turkish Ministry of Economy (TMoE) has issued its final decision on the anti-dumping investigation into plywood imported from some countries including Vietnam.
The TMoE reported that only two Vietnamese businesses won’t have the anti-dumping tax imposed upon them, as they had provided full information to investigative agencies on schedule and proved that the exported products were made by themselves.
The decision will come into effect soon now the TMoE has officially announced it. However, Vietnamese plywood producers could send feedback on the investigation before this September 2.
Turkey initiated an investigation on May 27, 2015 into a possible avoidance of anti-dumping tax on plywood with HS codes 4412.10; 4412.31; 4412.32 and 4412.39 imported from some countries including Vietnam since 2010.
Earlier in 2006, Turkey imposed anti-dumping duties of 240 USD per cubic metre on similar products from China.
The Vietnamese Embassy’s trade office in Turkey said on August 29 that the TMoE’s General Directorate of Imports (GDI) also issued its decision on the anti-dumping investigation into polyester textured yarn imported from some countries including Vietnam.
Accordingly, it will impose anti-dumping margins of 34.81 percent to 72.56 percent on products from Vietnam and 8.48 percent to 37.69 percent on Thai products. It said relevant businesses could send petitions and feedback before September 5.
It will hold hearings for each business on September 7 and open hearings on September 8.
The decision will be submitted to the Minister of Economy in late September to issue a final decision in the first week of October.
The GDI began investigations on May 15 2015, after Korteks Mensucat Sanayive Tic. A.S. lodged its anti-dumping lawsuit on imported polyester textured yarns with HS codes of 5402.33.-VNA
Vietnamese Deputy Foreign Minister Nguyen Phuong Nga visited Turkey and attended the second Political Consultation with her Turkish counterpart Mehmet Fatih Ceylan from April 15 – 17.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
Workers process wood at Sahabak Joint Stock Company in northern Bac Kan Province (Photo:VNA)
