The European Union is proposing to increase tariffs on imports of various food products from Russia and Belarus in order, as European Commission president Ursula von der Leyen put it, to “mitigate the growing risk to our markets and our farmers” and “reduce Russia’s capacity to exploit the EU for the benefit of its war machine”.

According to the General Department of Customs, in the first two months of 2024, the country imported 2.65 million tons of iron and steel of all kinds, an increase of 85.4% over the same period in 2023, of which the main import market is from China. However, the use of measures to restrict the import of steel materials is a controversial issue.

Prime Minister Pham Minh Chinh chaired the Government’s regular meeting and a teleconference between the Government and the 63 localities on April 3 to discuss the socio-economic situation in March and the first quarter and set tasks for Q2.

Vietnam’s macro-economic achievements were applauded at an international worksop co-organised by the International Monetary Fund (IMF) and the Bank of Laos on April 3 in Luang Prabang.

The export of cameras, camcorders and components earned more than US$720 million last month, an increase of 75.6% year-on-year, according to the General Statistics Office (GSO).

By the end of February, Vietnam had exported more than 41 thousand tonnes of durian, approximately the same amount exported throughout all of 2022.

The Secretary of State for Business and Trade has accepted the TRA’s recommendation to maintain anti-dumping duties on imports of cast iron articles from China.

The solar industry experienced project delays and cancellations when antidumping and countervailing duty (AD/CVD) tariff enforcement threatened supply in the past. Another round may be on the way as soon as this April, said a note from Roth Capital Partners.

The Vietnamese side introduced the country's monetary policy and monetary cooperation initiatives, affirming that finance and green growth are one of Việt Nam's top priorities.

The exports of Vietnam’s aquatic product posted positive growth in the first quarter of this year, bringing hope for the entire seafood industry, including processed tuna products.