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According to the Trade Remedies Authority of Vietnam (TRAV), on June 2, the EU extended the safeguard action towards imported steel on tariff rate quotas (TRQ) for certain steel products for a further year, from July 1, 2023, to June 30, 2024). TRAV said that Vietnam, along with other countries, was subject to quarterly TRQ for eight product groups, including hot-rolled steel plate, electrical engineering steel plate, galvanised steel plate, organic-coated steel plate, stainless cold-rolled steel plate, large steel pipes, and other steel pipes. Vietnam is precluded from other categories of steel products based on the requirement that a developing nation have a negligible share of the import market of less than 3 per cent. The affected nations may request discussions with the EU between June 5 and 13. If the market share of another group of steel products imported from Vietnam into the EU exceeds 3 per cent, this group will be added to the list of TRQ-applicable products during … [Read more...] about EU extends import restrictions on steel

On the morning of November 30 last year, Minh, now 29, received an email from his employers at DoorDash, the largest online food delivery company in the U.S. The company announced that it was letting him go. Just a day earlier, Minh was still the leader of one of the company’s finance management team. When he received the email, Minh had already studied and worked in the finance field in the U.S. for over a decade. He has a bachelor’s degree in accounting, a master’s in data science, is a certified Chartered Financial Analyst (CFA), as well as a Certified Public Accountant. "Though the layoff wave at that time was staggering many tech firms, I still couldn’t believe my eyes. I was aware of the financial situation of the company [DoorDash], and it was good," Minh said. The next thing he did was call his manager, hoping the letter may have been a mistake. The manager said they were surprised by the news and promised to look into the matter. Ten minutes later, it was … [Read more...] about Vietnamese worker back on feet after US layoff

Vietnamese track-and-field athletes at 12th ASEAN Para Games.(Photo: hanoimoi.com.vn) Phnom Penh (VNA) – As of 9:30 pm on June 7, the Vietnamese delegation bagged 58 gold, 49 silver, and 74 bronze medals, ranking third in the medal tally after Indonesia and Thailand at the 12th ASEAN Para Games in Cambodia. Notably, on June 7 alone, swimmers Trinh Thi Bich Nhu brought home three gold medals and Vi Thi Hang, two. From the start of the Games, Vietnamese swimmers have won 25 gold medals and set six new records. A swimming event at 12th ASEAN Para Games (Photo: VNA) Also on the day, Vietnamese track-and-field athletes bagged 10 gold medals. In addition, the chess team also brought home two more golds in the individual and team standard events. The Vietnamese sports delegation to the event consists of 164 members, including 122 athletes, who are competing in eight out of the 13 sports at the tournament, namely track-and-field, swimming, weightlifting, badminton, table … [Read more...] about ASEAN Para Games 12: Vietnam bags 58 gold medals