Firms ask Hà Nội to further cut procedures

Enterprises with key industrial products asked Hà Nội to further cut the administration procedures and set up an official legal consultancy when they met local Department of Industry and Trade yesterday.

Steel companies post low profits on rising iron ore prices Second-quarter earnings of steelmaking companies showed signs of deterioration as prices of iron ore continued to increase, leading to higher production costs and lower profit.

MoIT initiates anti-dumping investigation on imported BOPP film  The Ministry of Industry and Trade (MoIT) on Monday launched an anti-dumping investigation on Biaxial Oriented Polypropylene (BOPP) film originating from China, Thailand and Malaysia. 

Local aluminium firms urged to tap opportunities from EVFTA

The EU – Việt Nam Free Trade Agreement (EVFTA) is expected to bring big opportunities for the Vietnamese aluminium sector; however, experts have said there are still challenges for local firms looking to take advantage.

Hoa Sen says not to be affected by US anti-dumping tax Steel maker Hoa Sen Group has said its business will not be affected by the US Department of Commerce’s preliminary ruling on the circumvention inquiries it made into Vietnamese cold-rolled steel and corrosion-resistant steel exports.

Pessimism may drag VN stocks further this week

Vietnamese shares post slight weekly losses

Vietnamese shares ended the week on a negative note as strong gains in oil prices were not enough to counter strong selling that weighed heavily on large-cap companies.

Việt Nam targets $4.2b in shrimp export value this year

Việt Nam will target at US$4.2 billion in shrimp export value this year, higher than $3.6 billion in 2018, according to the Directorate of Fisheries under the Ministry of Agriculture and Rural Development (MARD).

VN could face tra fish oversupply

The tra fish export sector was probably the most improved industry this year, but rampant production could lead to excess supplies and price drops, according to Việt Dragon Securities Company (VDSC).

VN’s BOPP films subject to anti-dumping tax for five more years

Komite Anti-Dumping Indonesia (KADI) under Indonesia’s Ministry of Trade officially decided to continue applying the anti-dumping tax of 3.9 per cent on the products from Việt Nam for an additional five-year period.