Vo Hung Dung, VPA Vice President, said Vietnam’s seafood export value to China rose from about US$400 million in 2014 to US$1.8 billion in 2017, helping China surpass the US to become the country’s biggest seafood importer. However, he pointed out the possibility of ending contracts ahead of schedule, thus putting Vietnamese businesses at risk. Therefore, it is necessary to be cautious while stepping up exports to this market, the official stressed. Cen Jian, a representative of the Yuexi fisheries association, suggested Vietnamese seafood firms ship their products via official channels to avoid the risk, protecting the interests of both exporters and importers. Ta Minh Phu, President of the Bac Lieu Seafood Association, raised concerns regarding China’s incentives and tax policies for Vietnamese aquatic products. In reply, the Chinese side said Vietnamese seafood businesses enjoy a preferential import tax rate of zero percent for the … [Read more...] about Vietnam expands seafood exports to China
Vietnam exports and imports
WASHINGTONPresident Donald Trump told top administration officials Thursday to look at rejoining the Trans-Pacific Partnership, the multination trade agreement he pulled the United States out of shortly after taking office.Rejoining the pact would be a major reversal as Trump escalates a trade conflict with China. The Pacific Rim trade deal was intended by the Obama administration as a way to counter China's influence, but Trump criticized the pact as a candidate and pulled the United States out of the pact in early 2017.Trump gave the new orders to U.S. Trade Representative Robert Lighthizer and National Economic Council Director Larry Kudlow during a meeting with lawmakers and governors on trade issues, according to two GOP senators in attendance.Sen. John Thune, R-S.D., said that he and others at the table raised the point that "if you really want to get China's attention, one way to do it is start doing business with all the people they're doing business with in the region: their … [Read more...] about Trump weighs reversing course and rejoining Trans-Pacific Partnership
The signing ceremony. (Photo: SGGP) Rambutan is the third fruit of Vietnam to be exported to this market, after mango and dragon fruit. Director of the MARD’s Plant Protection Department Hoang Trung said to export rambutan to New Zealand, Vietnam needs to meet import requirements such as making dossiers to register rambutan farms, which will be granted code numbers on cultivation method, control of harmful pests, production as regulated and right use of plant production medicine. In addition, packaging units must register and be certified by the department to meet New Zealand’s requirements for packaging and labeling, according to Trung. Irradiation facilities to treat the fruit must be certified by the department as being qualified to ensure the treatment of rambutan for export meet New Zealand’s requirements. All batches of rambutan will be checked and granted quarantine certificates by the department, to ensure the fruits are free of infection with harmful … [Read more...] about Vietnam exports rambutan to New Zealand
On January 23, 2017, in his first full weekday in office, President Donald Trump fulfilled a campaign promise by signing a presidential memorandum taking executive action formally withdrawing the United States from the 12-nation Trans-Pacific Partnership (TPP) trade agreement. TPP included Canada, Mexico, Japan, Australia, New Zealand, Chile, Peru, Malaysia, Singapore, Vietnam, and Brunei, in addition to the United States. Combined, those countries represent 40 percent of the global economy.Proponents of TPP in the business community claimed the trade agreement would have reduced trade barriers, opened new markets, and slashed tariffs for American exports and imports, while protecting labor, the environment, and intellectual property. The agreement did not, however, directly address currency manipulation. Opponents in organized labor claimed TPP would have cost the United States millions of jobs and that it did not contain adequate protection for workers and the environment. AFL-CIO … [Read more...] about What Does U.S. Withdrawal From the Trans-Pacific Partnership Mean for Labor and Employment Policy?
AUSTRALIANICNAS Releases New Tool For Categorizing Polymers: The June 7, 2016, issue of the NICNAS Bulletin includes an item announcing a new tool for polymers. The National Industrial Chemicals Notification and Assessment Scheme (NICNAS) invites stakeholders to try the new polymer categorization tool, which NICNAS developed to help users understand how the health and environment hazards of polymers would be categorized in Australia under proposed NICNAS reforms. NICNAS states that the reforms "propose a more risk-based and proportionate approach to the regulation of new polymers, which aligns NICNAS requirements more closely with the regulatory schemes of Canada and the United States."Australia Publishes 18th Tranche of IMAP Assessments: NICNAS published for public comment the 18th tranche of human health and environmental assessments for chemicals identified as part of the Stage One implementation of the Inventory Multi-tiered Assessment and Prioritization (IMAP) Framework. NICNAS … [Read more...] about New Tool For Categorizing Polymers, Canada Announces Future CMP Activities, OECD, WTO: Top International News in Chemical Policy and Regulation July 12, 2016.