Detailed regulations for labeling products as ‘Made in Việt Nam’ are needed to create a legal framework preventing fraud as well as protecting local production and consumers.

The Ministry of Industry and Trade has urged supervision to be enhanced on certificates of origin for Vietnamese electric bikes.

Việt Nam has won the three-year long dispute with Indonesia regarding Indonesia’s safeguard on certain iron and steel products, according to the Trade Remedies Authority of Việt Nam.

The Trade Defense Department has received a request for an antidumping and countervailing duty investigation on laminated woven sacks imported from Việt Nam from the US Department of Commerce.

The Việt Nam Steel Association has predicted a year-on-year increase of 20-22 per cent in steel production this year.

Under the theme “Creating new dynamism, fostering a shared future”, APEC members are committed to strengthening co-operation and taking joint actions to foster regional economic linkages and growth for a dynamic, inter-connected and prosperous APEC community and promote an Asia-Pacific partnership for inclusive and sustainable development, said a joint statement issued by the 29th APEC Ministerial Meeting.

The Việt Nam Steel Association (VSA) is calling on the Government to maintain a series of quality and management controls in the steel industry since trade fraud in steel imports is still high.

Local enterprises should take all opportunities to boost exports to the European Union (EU) in coming time thought still having many difficulties.

The steel industry is forecast to continue double-digit growth this year, fuelled by the recovery of the property market, but the pressure from the application of trade defense instruments by import markets as well as competition from cheap steel is weighing down.

Though Việt Nam possesses huge amounts of iron ore, there is a serious shortage of steel for the mechanical engineering industry and defense industry, the Ministry of Industry and Trade’s Heavy Industry Department Director Trương Thanh Hoài told online newspaper news.zing.vn on Monday.