Ministry keeps anti-dumping duty on aluminium from China

The Ministry of Industry and Trade has decided to continue imposing anti-dumping duties on certain aluminium products originating from China with a tax rate from 4.39 per cent to 35.58 per cent after carrying out the first review.

The Ministry of Industry and Trade has deciced to continue the imposition of anti-dumping duty on certain aluminium products originating from China. — Photo tapchitaichinh.vn

The Ministry of Industry and Trade has decided to continue imposing anti-dumping duties on certain aluminium products originating from China with a tax rate from 4.39 per cent to 35.58 per cent after carrying out the first review.

On September 28 last year, the Ministry of Industry and Trade issued a decision to impose anti-dumping duties on some aluminium products originating from China with a rate from 2.49 per cent to 35.58 per cent.

The ministry initiated the investigation into the anti-dumping case in January 2019. The investigation found injuries to the domestic aluminium industry. Specifically, most domestic producers suffered losses, many production lines had to stop operating and a large number of workers lost jobs.

The major cause was found to be the dumping of aluminium products originating from China at margins of 2.49 per cent to 35.58 per cent.

In mid-2020, the ministry received an inquiry to conduct the first review on anti-dumping duties on Chinese aluminium products.

After the review, the ministry issued a decision on April 20 this year which took effect five days later to continue levying anti-dumping duty on some aluminium products originating from China.

On the same day, the ministry also issued a decision after carrying out the first review about the imposition of anti-dumping duty on some painted flat-rolled alloy and non-alloy steel products originating from China and the Republic of Korea. Accordingly, the anti-dumping duties of 2.56 per cent to 34.27 per cent were imposed. — VNS

Source: VNA
vietnamnews.vn

Related News

Vietnam’s exports to the U.S. near US$100 billion milestone

Vietnam’s exports to the U.S. near US$100 billion milestone

VCN - By the end of October, Vietnam's exports to the United States approached US$100 billion, reaffirming its position as Vietnam's largest export market.
Fireworks, firecrackers "hot" again

Fireworks, firecrackers "hot" again

VCN - Every year-end, the smuggling and illegal transportation of prohibited goods tends to increase, especially fireworks and firecrackers. The seizures in recent days show that the illegal trading and transportation of fireworks and firecrackers is getting "hotter".
Vietnam-China trade expected to hit record of US$ 200 billion in 2024

Vietnam-China trade expected to hit record of US$ 200 billion in 2024

VCN- The import-export turnover between Vietnam and China is predicted to hit a new record of US$ 200 billion.
Opportunity to accelerate agricultural export to China

Opportunity to accelerate agricultural export to China

VCN - For many years, China has been Vietnam's largest trading partner. Trade between Vietnam and China has maintained a stable and sustainable growth momentum.

Latest News

Việt Nam regulates remanufactured imports under EU, UK FTAs

Việt Nam regulates remanufactured imports under EU, UK FTAs

Under Decree 66, remanufactured goods must now meet a number of criteria, including certification of eligibility and compliance with origin rules established under the EVFTA and UKVFTA.
Rice exports top 8 million tonnes

Rice exports top 8 million tonnes

According to the General Department of Customs, Vietnam’s rice exports had reached 8.05 million tonnes as of November 15, bringing home 5.05 billion USD.
Vietnam

Vietnam's pepper exports surpass 1 billion USD in first 10 months

Vietnam exported 18,415 tonnes of pepper in October, valued at 120.6 million USD, the General Department of Customs has reported.
Export moves to Halal markets

Export moves to Halal markets

VCN - The recent implementation of free trade agreements (FTAs) has brought many tax incentives and reduced procedures for exporting Vietnamese goods to Muslim markets. With this advantage, export enterprises are moving their direction and taking advantage of the opportunity to bring goods to this potential market.

More News

Agricultural and food businesses benefit from green production

Agricultural and food businesses benefit from green production

VCN- Investing in production processes that meet sustainability and environmental protection standards early on has put agricultural and food processing enterprises in a ready position as soon as the market are in demand.
Foreign investors flock to invest in southern provinces and cities

Foreign investors flock to invest in southern provinces and cities

Foreign investors have recently rushed to southern Vietnamese provinces and cities to look for investment opportunities and locations.
New step in tracing seafood origin, meeting export requirements

New step in tracing seafood origin, meeting export requirements

VCN - Using the electronic seafood traceability application (eCDT VN) will help seafood exporting enterprises more conveniently apply for export product traceability documents (SC, CC). This will help the Vietnamese seafood industry better adapt to the trend of international integration and the demand for transparency in seafood origin of the export market.
Việt Nam

Việt Nam's pangasius exports expected to reach $2b in 2024

Pangasius export turnover in the first ten months reached $1.56 billion, an increase of 8.9 per cent over the same period in 2023.
VN’s first pharmaceutical industrial park to be built

VN’s first pharmaceutical industrial park to be built

Located in Thái Bình Province, the park is expected to provide jobs for 18,000 people when going into operations.
Accelerating investment to meet "green" standards

Accelerating investment to meet "green" standards

VCN – Many businesses are implementing large-scale investments in technology, energy transitions, and production processes to meet the increasingly stringent "green" criteria set by the EU market.
US initiates investigation into pharmaceutical capsule shells imported from Việt Nam

US initiates investigation into pharmaceutical capsule shells imported from Việt Nam

Hard capsule pharmaceutical shells from Brazil, China and India are also being investigated.
UKVFTA gives advantages to Vietnamese fishery products in the UK, urging focus on quality for further expansion

UKVFTA gives advantages to Vietnamese fishery products in the UK, urging focus on quality for further expansion

To better exploit the tariff incentives from the UKVFTA, it is necessary for Vietnamese fishery producers and exporters to focus on improving quality and supply capacity to expand market share in the UK
Agricultural, forestry and fishery trade surplus value shoots up

Agricultural, forestry and fishery trade surplus value shoots up

VCN - According to the Ministry of Agriculture and Rural Development, the total export turnover of agricultural, forestry and fishery products in the first 10 months reached 51.74 billion USD, up 20.2% over the same period in 2023. Notably, the trade surplus value recorded a spectacular increase year on year.
Read More

Your care

Latest Most read
Việt Nam regulates remanufactured imports under EU, UK FTAs

Việt Nam regulates remanufactured imports under EU, UK FTAs

Under Decree 66, remanufactured goods must now meet a number of criteria, including certification of eligibility and compliance with origin rules established under the EVFTA and UKVFTA.
Rice exports top 8 million tonnes

Rice exports top 8 million tonnes

According to the General Department of Customs, Vietnam’s rice exports had reached 8.05 million tonnes as of November 15, bringing home 5.05 billion USD.
Vietnam

Vietnam's pepper exports surpass 1 billion USD in first 10 months

Vietnam exported 18,415 tonnes of pepper in October, valued at 120.6 million USD, the General Department of Customs has reported.
Export moves to Halal markets

Export moves to Halal markets

VCN - The recent implementation of free trade agreements (FTAs) has brought many tax incentives and reduced procedures for exporting Vietnamese goods to Muslim markets. With this advantage, export enterprises are moving their direction and taking advantag
Agricultural and food businesses benefit from green production

Agricultural and food businesses benefit from green production

VCN- Investing in production processes that meet sustainability and environmental protection standards early on has put agricultural and food processing enterprises in a ready position as soon as the market are in demand.
Mobile Version