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Vietnam has taken various measures in a bid to protect the interest of Vietnamese products and exporters in the EU markets, according to the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade (MoIT).
Vietnam is in a favorable condition to take advantage of free trade agreements (FTA) that the country is a part of, as well as growing global demand in the late-year shopping season.
China has represented Vietnam’s largest importer over the past nine months, spending US$81.3 billion on imports, marking an increase of 41.1% year on year, according to figures released by the General Statistics Office (GSO).
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Vietnam shipped overseas 130.94 billion USD worth of goods in the first five months of 2021, up 30.7 percent annually, according to the General Statistics Office (GSO).