Due to stagnation caused by reliance on specified raw materials, Vietnams garment and textile industry is experiencing unprecedented difficulties. In 2023, the industrys export volume and revenue significantly declined, affected by the global economic downturn and shrinking market demand. This report provides an in-depth analysis of the main patterns of Vietnams garment exports, changes in the international market environment, and the future outlook of Vietnams textile industry, offering a comprehensive analysis of the industrys current situation.
South Korea Announces Plan to Reduce Tariffs on 76 Commodities in 2024 to Enhance Industrial Competitiveness and Lower Price Burdens, Including Flexible Tariffs and Adjustments to Tariff Systems for Key Industrial Raw Materials and Food Products.
The Ministry of Commerce and Industry of India announced an adjustment to the anti - dumping duty rate on Chinese - made industrial laser machines. The new rate ranges from 0% to 147.20%. This move may affect Sino - Indian trade relations and also shows Indias protective measures for its domestic industries.
Amid the economic changes in 2023, Mexicos rise has significantly impacted global trade dynamics, particularly in the trade relationships among China, the U.S., and Mexico. This article delves into the reasons behind Mexico surpassing China as the U.S.s largest import source and the underlying economic trends.
A detailed explanation of Japans agricultural and veterinary drug residue management system, including residue limit standards, requirements for processed food, and compliance judgment logic in case of exceedances, to guide Chinese food exporters in compliant exports to Japan.
Comprehensive Analysis of South Koreas Pet Food Regulatory Framework and Detailed Guidelines for Export Enterprises to Successfully Enter the Korean Market, Including Regulatory Authorities, Major Legislation, Feed Classification, and Specific Export Procedures.
According to reports from Reuters and AFP, the G7 plans to ban the direct import of Russian diamonds from January 1, 2024, and gradually restrict the import of Russian diamonds processed in third countries starting from March 1.
Understand the latest developments of the EU considering restricting or banning the use of PVC and its additives, as well as the coping strategies for enterprises and green alternative solutions.
The Ministry of Food and Drug Safety (MFDS) of South Korea issued a notice on December 4, 2023, announcing a ban on the import of betel nuts. This decision was made after the discovery of highly toxic pesticides in betel nuts imported from Taiwan, China. South Korea imports dozens of tons of betel nuts from different sources each year, mainly for use as traditional Chinese medicine.
Choi Nam - ho, a spokesman for South Koreas Ministry of Trade, Industry and Energy, recently said at a press conference that Chinas decision to delay the export of vehicle urea solution to South Korea was due to tight domestic supply in China, not for political reasons. This statement was in response to the General Administration of Customs of China suspending the customs clearance process for Chinese enterprises to export vehicle urea solution to large South Korean enterprises last month.