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Indonesia's plan to impose tariffs on a range of Chinese products in response to alleged industrial overcapacity could harm the country's economy, decreasing the competitiveness of its exports, increasing production costs and consumer prices and risking retaliation from China. A better approach for economic security could lie in utilising multilateral trade agreements and institutions, maintaining economic openness and learning from Australia's handling of China's sanctions.

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The Mainland Affairs Council (MAC) said Thursday that Beijing's claim regarding Taiwan's trade barriers on goods from China is "a lingering historical issue" and should be resolved through World Trade Organization (WTO) mechanisms.

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The US Department of Commerce (DOC) has announced an extension for issuing the final findings of the first administrative review of the anti-dumping duties over honey products imported from Việt Nam.

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The US Department of Commerce (DOC) recently issued its final determination on its anti-dumping investigation into aluminum extrusions and aluminum products originated from Vietnam, according to the Ministry of Industry and Trade's Trade Remedies Authority of Vietnam.

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With the export turnover of technical rubber products expected to reach US$4 billion in 2024, Việt Nam is gradually becoming a global tyre manufacturing hub.

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"Việt Nam has been, is, and will continue consulting with Laos and Cambodia to promote deep, substantial, and effective cooperation among the three countries in line with the new development requirements, for the benefit of the people of the three nations, for the ASEAN Community, and for peace, cooperation and development in the region," said Ministry of Foreign Affairs spokeswoman Phạm Thu Hằng.

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Potential for cooperation between Vietnam and Malaysia, particularly in the food industry, has been introduced to Malaysian partners and attendees within the framework of the ongoing Selangor International Business Summit (SBIS) 2024 in Kuala Lumpur.

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Two-way trade between Vietnam and the US surpassed the US$100 billion mark in the first nine months of the year, with the US remaining as the largest market for Vietnamese goods.

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The representative of Vietnam Customs and the Ambassador Extraordinary and Plenipotentiary of the People's Republic of China to Vietnam exchanged the Action Plan between the General Department of Vietnam Customs (GDVC), the Ministry of Finance of the Socialist Republic of Vietnam and the General Administration of Customs of the People's Republic of China (GACC) on the Mutual Recognition Agreement on Authorized Economic Operator of Vietnam Customs and the Enterprise Credit Management Program of China Customs, on October 13, 2024, at the Government headquarters.

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The Vietnamese sugar industry has led the region in sugar productivity for the first time, according to the Vietnam Sugarcane and Sugar Association (VSSA).

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