At a seminar on mitigating trade defence risks when increasing exports to CPTPP markets in Hanoi on November 27. (Photo: VNA)
Hanoi (VNA) – A seminar on mitigating tradedefence risks when increasing exports to CPTPP markets took place in Hanoi onNovember 27.
Phung Gia Duc, deputy head of the Trade Remedies Authorityof Vietnam’s office for addressing foreign trade defence processing, said thatmany member countries of the Comprehensive and Progressive Agreement forTrans-Pacific Partnership (CPTPP) are investigating trade defence casesinvolving Vietnamese products. Statistics show that Australia has initiated 18cases so far, and Canada and Malaysia over 10 cases.
The most vulnerable and likely-to-be-investigated products are those with rapidand strong growth, he went on, adding that the principle to initiate such alawsuit is an increase in imports.
Vu Van Phu, vice chairperson and general secretary ofthe Vietnam aluminum association, said that as trade defence measures in theworld and in Vietnam are increasing, aluminum enterprises have begun to payattention and change their perception of related risks.
They need support in connecting supply and demand, expandingmarkets, and avoiding dependence on a single market when facing trade defenceinvestigations, Phu said.
Duc held that such cases will grow rapidly in the time tocome. Therefore, businesses must regularly update changes in foreign laws. TheMinistry of Industry and Trade will frequently organise dialogues on the issuewith foreign investigation agencies.
The Vietnamese Government will protect Vietnameseenterprises but will also resolutely guard against businesses evading tradedefence measures through illegal imports or origin evasion, he affirmed./.
The UK is set to recognise that Vietnam’s industries are operating in a market economy and will not impose unfavourable rules should they be investigated under trade defence measures, according to the Trade Remedies Authority of Vietnam.
The US’s increased trade defence measures on imports in general and Vietnamese goods in particular has made it increasingly hard to export to this market, according to Counsellor and head of the Vietnam Trade Office in the US Do Ngoc Hung.
The Ministry of Industry and Trade has provided early warnings for 18 export products originating from Vietnam which are facing a high risk of being investigated for trade defence measures, origin fraud and illegal transshipment.
Thanks to free trade agreements with tariff barriers gradually being removed, the exports of Vietnamese products have been on the rise. However, they are likely to face trade defence lawsuits.
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The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
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In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
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The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
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According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
At a seminar on mitigating trade defence risks when increasing exports to CPTPP markets in Hanoi on November 27. (Photo: VNA) 
