Over 32,000 tonnes of colour-coated iron exempted from safeguard measures

The Ministry of Industry and Trade (MoIT) has decided to lift safeguard measures from imports of colour-coated iron for 11 enterprises, totalling more than 32,000 tonnes, in 2019.
over 32000 tonnes of colour coated iron exempted from safeguard measures

Over 32,000 tonnes of colour-coated iron exempted from safeguard measures (Photo: VNA)

The Ministry of Industry and Trade (MoIT) has decided to lift safeguard measures from imports of colour-coated iron for 11 enterprises, totalling more than 32,000 tonnes, in 2019.

On May 31, 2017, the MoIT issued Decision No 1931/QD-BCT applying safeguards on colour-coated iron sheets imported from various countries and territories.

Since the decision, the MoIT’s Vietnam Competition Authority (VCA) has received dossiers requesting exemptions of safeguard measures on imported high-quality colour-coated iron for production purposes.

After appraising the dossiers, the MoIT chose to exempt safeguard measures for the production of welding materials on imports for 11 enterprises.

They include Superior Multi Packaging Vietnam Company Limited, LG Electronics Vietnam Hai Phong Company, Savican JSC, Minh Quan Food Packaging Company, Panasonic Appliances Vietnam Company Limited, Panasonic Vietnam Company Limited, Hoa Phat Refrigeration Engineering Company, Aqua Vietnam Company, Dong Anh Investment Contruction and Materials JSC, Tan Ha Education Equipment Company Ltd and Vietnam Printing And Metal Packaging JSC.

The ministry would continue to review other applications for exemptions in the future.

Enterprises exempted from safeguards must submit reports on the imports to the VCA within the first 15 days of the following quarter.

Any queries and opinions of organisations and inpiduals on the application of safeguard measures for imported painted steel products should be sent to Injury and Safeguards Investigation Division under the Trade Remedies Authority.

Source: VNS

Related News

Positive economic transformations in four months

Positive economic transformations in four months

VCN - In the context of global difficulties and challenges, Vietnam's socio-economic situation in April continues to undergo quite positive transformations, contributing to improving the overall results of the first four months of the year and setting the pace for the following months.
Maintain fiscal policy to "open the way" for the economy in 2024

Maintain fiscal policy to "open the way" for the economy in 2024

VCN - According to Dr. Can Van Luc, member of the National Financial and Monetary Policy Advisory Council (as picture), to maintain high and sustainable growth momentum in the next 1-2 years, the Government still needs to continue to prioritize fiscal policy tools with the support of monetary policy to promote domestic aggregate demand. In particular, to further accelerate economic recovery, it is necessary to apply support policies similar to the Covid-19 epidemic and "stimulate" consumption and private investment.
Customs collects nearly VND35,000 billion within one month

Customs collects nearly VND35,000 billion within one month

VCN - In April, the Customs revenue saw a significant increase compared to the previous month.
Customs revenue rises thanks to 3 imported groups

Customs revenue rises thanks to 3 imported groups

VCN - The economy in the first four months of 2024 is showing positive signs when import-export activities recover strongly, pushing up the trade turnover. In particular, both exports and imports recorded strong growth in many groups, contributing significantly to the revenue results of the Customs sector.

Latest News

Focusing on the "readiness" factor waiting for foreign investors in the high-tech field

Focusing on the "readiness" factor waiting for foreign investors in the high-tech field

VCN - According to a representative of the Ministry of Planning and Investment (MPI), investment by foreign corporations and businesses depends on many factors, but it is necessary to focus on factors related to Vietnam's readiness.
Exploiting the potential of Dong Nai

Exploiting the potential of Dong Nai's largest seaport

VCN - Phuoc An Port - the largest seaport in Dong Nai is expected to come into operation in July 2024, which will contribute to a significant increase in the amount of goods arriving at Dong Nai seaport. In order to meet the needs of import and export and create favorable conditions for businesses, customs management units in the area also need to change their model.
Hanoi calls for investments in six urban areas projects

Hanoi calls for investments in six urban areas projects

Hanoi is calling for investment in six urban areas projects in Dong Anh district worth a total of 34 trillion VND (1.3 billion USD).
The food industry aims to green packaging

The food industry aims to green packaging

VCN - Greening food packaging is not only a trend but also a strategic transformation of businesses to meet environmental requirements. Therefore, businesses need to focus on using environmentally friendly packaging materials that are easy to recycle while ensuring product quality.

More News

"The key" to growth motivation for enterprises

"The key" to growth motivation for enterprises

VCN - Unlocking growth motivations is an urgent requirement from the Government to help enterprises and the economy quickly recover. But unlocking the driving motivations must be accompanied by drastic reforms in institutions and the business environment to create conditions and increase confidence for enterprises to step forward.
Exports of four localities achieve tens of billions of USD

Exports of four localities achieve tens of billions of USD

VCN - By the end of April, there are four localities and cities reaching an export turnover of US$10 billion or more, according to the statistics of General Department of Vietnam Customs.
Rapid greening of the logistics sector to avoid being "eliminated"

Rapid greening of the logistics sector to avoid being "eliminated"

VCN - In the current context, if criteria for greening the logistics sector are not quickly and immediately implemented, businesses will face significant difficulties in the future and gradually be "eliminated" from domestic and global business, trade, and import-export activities.
25 out of 28 northern localities report positive industrial production

25 out of 28 northern localities report positive industrial production

As many as 25 out of 28 northern localities reported positive annual growth in industrial production in the first four months of 2024, heard the 10th meeting of industry and trade sectors from 28 northern cities and provinces in Hanoi on May 17.
Dong Nai remains magnet for foreign investors

Dong Nai remains magnet for foreign investors

Industrial parks in the southern province of Dong Nai continued to see a strong influx of foreign direct investment (FDI) in the first months of this year, which has surpassed the yearly target by nearly 20%.
Vietnamese steel affirms position in world market

Vietnamese steel affirms position in world market

The steel industry has affirmed its position by reaching the Top 12 in the world in terms of crude steel production. Not only is the production output growing rapidly, but Vietnamese steel products are also gradually becoming more diverse, according to the Vietnam Steel Association (VSA).
Five commodities worth billion dollar exported to China

Five commodities worth billion dollar exported to China

VCN - By the end of April, there were four commodities exported to the Chinese market with the turnover of US$1 billion or more.
Promoting reforms and supporting businesses to spread farther

Promoting reforms and supporting businesses to spread farther

VCN - According to Professor Dr. Hoang Van Cuong, a member of the National Assembly's Finance and Budget Committee and Vice Chairman of the State Council of Professors for the term 2024-2029, institutions play a very important role. Therefore, it is necessary to continue to promote reforms to create changes that support businesses in expanding their reach.
Five groups of billion-dollar export commodities to China

Five groups of billion-dollar export commodities to China

VCN - By the end of April 2024, there are 4 groups of goods exported to the Chinese market achieve a turnover of US$1 billion or more.
Read More

Your care

Latest Most read
Focusing on the "readiness" factor waiting for foreign investors in the high-tech field

Focusing on the "readiness" factor waiting for foreign investors in the high-tech field

VCN - According to the Deputy Minister, investment by foreign corporations and businesses depends on many factors, including three main factors.
Exploiting the potential of Dong Nai

Exploiting the potential of Dong Nai's largest seaport

Phuoc An Port - the largest seaport in Dong Nai is expected to come into operation in July 2024, which will contribute to a significant increase in the amount of goods arriving at Dong Nai seaport.
Hanoi calls for investments in six urban areas projects

Hanoi calls for investments in six urban areas projects

Hanoi is calling for investment in six urban areas projects in Dong Anh district worth a total of 34 trillion VND (1.3 billion USD).
The food industry aims to green packaging

The food industry aims to green packaging

VCN - Accordingly, businesses need to heavily invest in research and development, to innovate production technology, use green materials, renewable materials and apply many different solutions in packaging production.
"The key" to growth motivation for enterprises

"The key" to growth motivation for enterprises

VCN - Through the first months of 2024, the economy has shown many signs of positive growth, but there are still many difficulties related to business operations. In particular, the number of 74,000 enterprises withdrawing in the first quarter of 2024, is
Mobile Version