Việt Nam to have trade defence early warning system by 2025

Việt Nam plans to develop an early warning system for trade defence by 2025, aiming to promote sustainable exports. The goal was approved by Prime Minister Nguyễn Xuân Phúc on Sunday (8/3).

Accordingly, by 2025, an information technology infrastructure system, analysis software and an e-portal would be completed to effectively operate the early warning system and to calculate dumping margins and analyse damages.

The project will upgrade the database of imported products under investigation by Việt Nam or imposed trade defence measures, products likely to avoiding trade defence measures, and products which witnessed sudden increases in imports and could cause damage to domestic production.

Keep reading…