Indonesia may impose trade sanctions on Vietnamese textiles, garments

A large number of workers in Indonesia’s textile industry have also been fired.

Textiles, footwear and electronic goods are key exports of Vietnam to Indonesia, with an export turnover of $1.5 billion, accounting for 30 per cent of the total export turnover to Indonesia last year.

Therefore, the trade office believes Indonesia potentially plans to apply trade defence measures on products from China and other nations like Vietnam, according to a Vietnamese media outlet.

The office recommended Vietnamese businesses and export associations in relevant product groups to closely monitor the market and consult with relevant units of the ministry of industry and trade to be prepared for any such action.

ALCHEMPro News Desk (DS)