Vietnamese Enterprises Face Growing Pressure from Trade Defence Measures

Vietnamese enterprises are facing increasing pressure from an escalation in trade defense measures globally, as countries seek to protect their domestic industries. The Ministry of Industry and Trade warns that this trend is becoming more frequent and complex, with new regulations and investigation targets emerging. The ministry's early warning system has identified several export sectors at risk, including wood products, steel, construction materials, mechanical and manufacturing, and non-ferrous metals. Such measures have become prevalent in major export markets such as the United States, the EU, South Korea, and Canada.

Key Takeaways:

  • The Ministry of Industry and Trade has warned that trade defense measures are becoming more frequent and complex, with 284 trade remedy investigations launched against Vietnamese exports as of April 2025.
  • The majority of these investigations were anti-dumping cases (54.6%), followed by safeguard investigations (20.8%), anti-circumvention cases (13.7%), and anti-subsidy measures (10.9%).
  • Vietnamese enterprises are at risk of costly penalties or loss of market access due to the growing scope and frequency of these actions.
  • The Ministry of Industry and Trade urges Vietnamese businesses to stay informed of trade remedy regulations in key export markets and monitor high-risk product groups.
  • Exporters must also enhance traceability and transparency of production processes, build international-standard accounting systems, and improve self-sufficiency in raw materials.
  • Diversifying export markets and product lines, competing on quality rather than price, and maintaining strong connections with trade associations and government agencies are crucial for mitigating risks.

Statistics:

  • 284 trade remedy investigations launched against Vietnamese exports as of April 2025.
  • 54.6% of these investigations were anti-dumping cases.
  • 20.8% were safeguard investigations.
  • 13.7% were anti-circumvention cases.
  • 10.9% were anti-subsidy measures.
  • 22 anti-circumvention cases launched by the US against Vietnamese exports.
  • 107 anti-dumping cases targeted Vietnamese enterprises between 2020 and 2024, accounting for 3.3% of all global investigations.

Sources:

  • Ministry of Industry and Trade
  • Trade Remedies Authority
  • World Trade Organization (WTO)