Vietnamese goods in face of pressure from trade protectionism

SGGP

By the end of last year, more than 160 trade remedies investigations were launched and applied to Vietnamese goods. It is forecast that there will be 25 export products being investigated this year.

 Nine out of 16 cases of trade remedies investigations are on steel products, accounting for 60 percent. (Photo: SGGP)

Nine out of 16 cases of trade remedies investigations are on steel products, accounting for 60 percent. (Photo: SGGP)

In 2019 alone, the number of cases of trade remedies and disputes related to export products of Vietnam increased rapidly with nearly 20 cases, the highest level in history. The US remained the country which probed most into Vietnam’s export products with 31 cases, followed by Turkey with 21 cases, India with 21 cases and the EU with 14 cases. In terms of the subject of the trade remedies investigations, nine out of 16 cases were steel products, accounting for 60 percent.

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