Vietnamese firms urged to use trade remedies

by VTV414 October 2015 Last updated at 20:00 PM

VTV.vn - Vietnamese enterprises are still not capable of using trade remedies. This result was announced earlier this morning at a conference held by the Vietnam Chamber of Commerce and Industry (VCCI).

The main theme of the conference was to discuss factors preventing local enterprises from using trade remedies to protect themselves from foreign goods, along with subsequent measures (of action).

According to the VCCI, there are 94 cases investigating safeguards in Vietnamese exported goods, but only 4 for imported goods. Experts believe that Vietnamese firms should prepare to make full use of trade remedies at home, especially as unfair competition will likely increase with the rising number of imported goods.The report released by the VCCI at the event also revealed that Vietnamese enterprises are limited in using safeguards due to their personnel capacities and insufficient lawyering skills.

Tags:

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2024-10-07 15:16 UTC

WEATHER FORECAST