Export of Viet Phap Steel

HÀ NỘI — Việt Nam is facing an increasing risk of trade defence lawsuits as exports expand after the country's active international integration and participation in free trade agreements (FTAs).

The implementation of many large projects after the social distancing period and disbursement of public investment for infrastructure until the end of this year are expected to support growth in construction steel consumption, according to Rong Viet Securities (VDSC).

The Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade has sent a consultation letter to the Philippines’ Department of Trade and Industry asking it to exclude Vietnam from three safeguard investigations on some steel products.