While the influx of imported goods has presented challenges, with signs of dumping and subsidisation impacting domestic industries, Vietnam has effectively countered these threats.

The UK is mulling an alternative strategy to its allies that could lead to a surge of imports of Chinese EVs.

In the first half of 2024, bilateral trade between Vietnam and China approached the US$100 billion mark, with Vietnam exporting US$27.8 billion worth of goods to China, a 5.3 percent increase from the previous year.

The allocated import tariff quota for sugar (HS code 17.01) through the auction method in 2024 is 126,000 metric tons.

The remaining months of 2024 look promising for Vietnamese businesses, with increased orders and improved business conditions.

Border import and export activities have been relatively brisk, with import and export turnover through major border gates nationwide seeing constant growth.

Tax management revenue from organisations and individuals with e-commerce business activities was VNĐ1.98 quadrillion in the first six months of this year.

With Chinese brands rapidly expanding in the Vietnamese market, experts are calling for protective policies to safeguard local manufacturers and ensure the country’s long-term industrial growth.

In the first months of 2024, foreign direct investment (FDI) attraction activities continued to be vibrant, showing that foreign investors maintained their confidence and optimism in the Vietnamese market. However, finding and retaining high-quality human resources requires FDI enterprises to have many policies to maintain their advantages.

Canada, following the lead of the United States and European Union, said on Monday it would impose a 100% tariff on imports of Chinese electric vehicles and announced a 25% tariff on imported steel and aluminum from China, Reuters reports.