Accordingly, on March 30, 2017, the Ministry of Industry and Trade decided to impose taxes on imported steel products imported into Vietnam originating from China (including Hong Kong) and South Korea.
The products are mainly applied galvanized steel used as construction materials, automobile parts, partitions, refrigerator frames, computer enclosures, ventilation pipes. Characteristics of the product are metal coating, anti-rust ...
The temporary anti-dumping duty on galvanized steel products originating from China (including Hong Kong) and South Korea ranges from 3.17% to 38.34%. In particular, Chinese manufacturers and exporters are subject to a common level of 38.34%, South Korea is 19%. Posco alone is imposed a lower tax rate of 7.02%.
This is the result of the process of extracting acts of dumping steel sheets by Chinese and Korean exporters during the past 1 year of the Competition Administration Department.
After having a decision to investigate the case, the Vietnam Competition Administration Department - Ministry of Industry and Trade will issue questionnaires on quantity and value to producers and exporters of the two countries under investigation, importers and houses Domestic production of goods under investigation.
During the investigation, on September 1, 2016, the Ministry of Industry and Trade applied a temporary anti-dumping measure of galvanized steel products imported into Vietnam. Accordingly, the temporary anti-dumping duty on galvanized steel products originating from China (including Hong Kong) and South Korea ranged from 4% -38.34%.
The continued tax imposition, many steel steel enterprises of Vietnam will benefit such as Ton Hoa Sen, Ton Dong A ...
(Source: Vneconomy)