Vietnam will impose anti-dumping tariffs on steel from China, following South Korea and other nations in fighting back against surging supplies from the world’s biggest producer.

The Vietnam National Assembly on Wednesday gave a near-unanimous approval to a railway bill that allows the country to utilize Chinese loans for the construction of a new $8.3 billion link aimed at improving transport connections between the two neighboring countries.

It is one of two railway lines to China that Vietnam plans as part of its ‘Two Corridors, One Belt’ initiative.

Vietnam has quietly expanded its foothold in the South China Sea. Unlike with China, the rest of the region is turning a blind eye. The post Vietnam Is Also Expanding Its Foothold in the South China Sea appeared first on World Politics Review.

Vietnam will impose a temporary anti-dumping levy of up to 27.83% on some steel products from China, according to a trade ministry document seen by Reuters.

Lawmakers approved a new growth target for 2025 of at least 8% proposed by the government, an increase from the previous goal of 6.5% to 7.0%

Vietnam's parliament on Wednesday approved plans for an $8 billion rail link from its largest northern port city to the border with China, boosting links between the two communist-ruled countries

Vietnam's National Assembly on Wednesday approved raising the economic growth target for this year and backed major infrastructure projects, including a rail link to China and the construction of the country's first nuclear power plants.

Occupied by Vietnam since the 1980s, the reef in the Spratly Islands is claimed by several countries, in a dispute that has intensified as China and the United States vie for influence in the strategi

The project is expected to reinforce the already strong economic linkages between northern Vietnam and southern China.

The Republican lawmaker pointed to initiatives in Vietnam, Cambodia and the Philippines as examples of work that could be at risk.