Thu. Apr 18th, 2024

Domestic businesses demanded an anti-dumping investigation into a number of imported steel products.

Radio
the Voice of Vietnam (VOV) website quoted the Vietnam Competition
Authority under the Ministry of Industry and Trade (MoIT)as saying that
two local firms – Posco VST and Hoa Binh Innox – have sent legal
dossiers asking to levy anti-dumping taxes on cold-rolled stainless
steel imported from China, Taiwan, Malaysia and Indonesia.

Vietnam’s
ordinance on anti-dumping tariffs on imported goods into Vietnam
stipulates that the legal dossiers will be handled within 60 days, and
the final decision will be made by the MoIT on whether it will conduct
the investigation or not.

Last year, the Ministry of Finance
imposed anti-dumping taxes on steel and hot sheet imported from China
(10.47 percent), Singapore (12.33 percent) and Ukraine (12.5 percent).-VNA

By vivian