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Today’s Top Headlines

Vietnam Launches Anti-Dumping Investigation Into Chinese Steel

by Mary Swire,, Hong Kong

11 October 2016

Vietnam's Ministry of Industry and Trade on October 5 launched an anti-dumping investigation into imports of H-shaped steel products from China (including Hong Kong).

Its investigation is to cover imports from China between April 1, 2015, to March 31, 2016, to assess potential injury to Vietnam's industry between April 1, 2013, and March 31, 2016.

The investigation was launched after the Ministry's Vietnam Competition Authority (VCA) received representations from domestic steel enterprises in July. They allege that China is selling the products at below Chinese domestic market prices – a practice known as "dumping."

The VCA is also carrying out an anti-dumping probe into color-coated steel sheets imported from China and Korea.

TAGS: compliance | tax | business | tax compliance | law | anti-dumping | China | tax authority | Hong Kong | import duty | trade | Vietnam

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