The United States Department of Commerce (DOC) has extended the deadline for issuing the final conclusion on anti-dumping and anti-subsidy probe into stainless steel from Vietnam, according to the Trade Remedies Authority of Vietnam.

Despite the complicated developments of the COVID-19 pandemic, agricultural exports are seeing bright signs, with Turkey emerging as a potential market for Vietnam, according to insiders.

Demand from the European Union and North American markets recovered and rose strongly, boosting the export volume of galvanised steel and offsetting weak domestic consumption in the first half of this year, Việt Dragon Securities Corporation (VDSC) said in a report.

Vietnam has been benefiting from the Vietnam-EAEU FTA since it took effect in 2016, which has ever since created opportunities for Vietnamese exports to the Russia – the largest market in the EAEU.

Many local seafood export enterprises forecast that the US and European markets will have high demand for importing shrimp at year-end.

With an open economy like Vietnam’s, exports are an important driver for economic growth, so it is necessary to promote solutions to overcome difficulties.

No European business has left Vietnam due to Covid-19, but continued restrictions and delayed vaccination could cause them to do so.

The customs administrations of developed countries such as the US, Japan and South Korea are strongly applying the achievements of the 4.0 industrial revolution.

According to Dr. Vu Tien Loc, Chairman of the Vietnam Chamber of Commerce and Industry (VCCI), the EVFTA is expected to be one of the important driving forces and ways for businesses and the economy, including Vietnam, to endure the pandemic as well as regain growth momentum.

Businesses in Việt Nam should learn how to overcome unprecedented challenges and adapt amid the impacts of the new wave of COVID-19 infections, experts said during a webinar.