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Ministry of Industry and Trade has decided to apply anti-dumping measures from a number of stainless steel exports from 4 Chinese market, Taiwan, Malaysia and Indonesia, which introduced tax rate from 3.07% to 37.29 %.
Dated 05.09.2014, the Ministry of Industry and Trade issued Decision No. 7896 / QD-BCT on the application of anti-dumping measures against certain products, cold-rolled stainless steel imported into Vietnam from countries / regions: China, Indonesia, Malaysia and Taiwan. This decision takes effect after 30 days from the date of signing.
According to the Decision and Notice attached, anti-dumping duties will be applied to every business hoaȠcua producers / exporters imported into Vietnam, as follows:
According to the conclusions of the Council handling anti-dumping cases, c
According to the conclusions of the Council handling anti-dumping cases, the state of dumping of imports into Vietnam; Having a domestic manufacturing industry significantly damaged or threatened to cause substantial damage; There is a causal relationship between the dumping of goods imported into Vietnam and material injury or threatening to cause material injury to the domestic industry.
Earlier, the investigation has said qɵan, specifically made clear manifestations and substantial damage to the domestic industry during the investigation period (3 years), especially in the recent period in the index of prices (cost price squeeze and pliers), profits, inventory, work suaɴ use.
ȼSPAN style = "FONT-FAMILY: Times New Roman; FONT-SIZE: 12pt"> domestic manufacturing sector also suffered, but at a lower level in the index of production, domestic sales volume, market share , revenue, labor and investment because not sustain such growth rates phaɴ in facilitating normal though this index is also somewhat affected by the overall context of the economy.
The agency also confirmed the investigation, had considered other issues related to the common interests of both ɬoi manufacturing industries related to stainless steel. Accordingly, the domestic industry has suffered significant level. If the condition of the goods dumped from 4 countries / territories covered by the investigation continues, the domestic industry will continue xuaɴ damage later.
"The principles and goals of the highest anti-dumping duty is to ensure fair competition environment truonɧ for manufacturing stainless follow, then the downstream industry. In the context of the supply in the market share domestic and imported supply is now almost the same, to prevent acts of unfair competition from imported sources ɳe contribute to maintaining healthy competition and fair market Vietnam ", the investigating authorities confirmed.
After concluding imposition of anti-dumping import stainless steel in Vietnam's Ministry of Public thuonɧ, in late 2013, production enterprises using cold-rolled stainless steel (stainless steel) having unit makes recommendations to Prime Prime Minister and Minister of Industry and trade, expressed his disagreement with the preliminary conclusions about the anti-dumping investigation of stainless steel and stainless steel canȠnguoi Posco VST Peace initiative.
Using the word "disappointed" about the conclusions and analysis are deemed "sketchy", "unfounded" and "deviation from the data practices" given in the report of the Competition Authority Cuɣ , petition of dozens of imported stainless steel enterprises have made many arguments to prove the analysis and conclusions did not reflect fully the evidence in the record and the fact that stainless steel industry in Vietnam South, not in conformity with the law of Vietnam and WTO rules.
These businesses said if the anti-dumping duty is done, the business itself and consumers Vietnam will be major damage. Domestic stainless steel price is 10% -20% higher than the international market, so cheap raw materials from China, Malaysia, Indonesia and Taiwan are the main input head of the enterprise. Subject to anti-dumping duty would push up the price of steel, now we just have to stop countries import materials.
In this document, the steel enterprises tᷫng also urge the Ministry of Industry and Trade deliberate on the ratification of duty order. Consider the import business for a reasonable period of time to prepare before the start of duties (if any). Accordingly, the level of damage haiGlam calculation basis to adjust anti-dumping duties on the basis of considering the actual damage rate of domestic enterprises.
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