Tiếng Việt
中文 (中国)
日本語
On 23 June 2026, the U.S. Department of Commerce (DOC) issued the Preliminary Results of the fourth administrative review (POR4) of the countervailing duty (CVD) order on Passenger Vehicle and Light Truck Tires (PVLT) imported from Vietnam. The review covers the period from 1 January 2024 to 31 December 2024.
This review concerns the countervailing duty order that the United States has maintained on Vietnamese passenger vehicle and light truck tires since 2021.
Subsidy Programs Examined by the DOC
According to the preliminary determination, the DOC identified four countervailable subsidy programs that conferred measurable benefits during the period of review:
- Corporate income tax incentives for new investment projects;
- Import duty exemptions on raw materials used in the production of exported goods;
- Preferential loans provided by state-owned commercial banks to exporting enterprises; and
- Preferential land rental policies for projects located in areas with difficult socio-economic conditions.
In addition, the DOC found that three subsidy programs were utilized by the reviewed companies but did not confer measurable benefits during the review period:
- Provision of natural rubber for less than adequate remuneration;
- Reductions in cargo handling charges; and
- Exemptions from maintenance and management fees.
The remaining 28 subsidy programs were found not to have been used by the reviewed companies during the period of review. These programs include various tax incentives, preferential credit schemes, export support measures, interest rate subsidies, export credit guarantees, preferential land rental policies, import duty exemptions on machinery and equipment, green financing programs, and preferential electricity and water pricing policies.
Preliminary Countervailing Duty Rates
For the two Vietnamese producers/exporters selected for individual examination, the DOC preliminarily determined countervailing duty rates ranging from 3.01% to 5.84%.
For companies that did not request an administrative review during this review period, the applicable countervailing duty rate remains 6.46%, as established in the original investigation.
Next Steps in the Administrative Review
The current determination is only a preliminary determination. The DOC is expected to conduct on-site verification to verify the information submitted by the interested parties.
Following completion of the verification process, interested parties will have the opportunity to:
- Submit written case briefs and rebuttal briefs; and
- Request a public hearing within 30 days of the publication of the preliminary determination.
Unless the deadline is extended, the DOC is expected to issue its final determination within 120 days from the publication of the preliminary determination in the Federal Register.
Once the final results are issued, the applicable cash deposit rates for future imports will be adjusted based on each company’s final subsidy rate. If a company’s final subsidy rate is less than 0.5%, the subsidy will be considered de minimis, and no cash deposit will be required. For companies not individually reviewed, the cash deposit rate will remain 6.46%.
Assessment and Recommendations
Compared with the original countervailing duty rates ranging from 6.46% to 7.89%, the preliminary results of the fourth administrative review indicate a significant reduction in the subsidy rates applicable to the reviewed Vietnamese companies. This represents a positive development and reflects the effective cooperation between Vietnamese enterprises, the Trade Remedies Authority of Vietnam, and other relevant authorities in providing information and engaging with the U.S. investigating authority.
Nevertheless, as this is only a preliminary determination, the reviewed companies should continue to prepare thoroughly for the on-site verification process, proactively cooperate with the DOC in verifying submitted information, and actively participate in the briefing and hearing stages to safeguard their legitimate rights and interests before the DOC issues its final determination.
In addition, Vietnamese tire manufacturers and exporters serving the U.S. market should continue to closely monitor developments in the proceeding and maintain close coordination with the Trade Remedies Authority of Vietnam to obtain timely guidance and support throughout the remainder of the review process.
To protect their legitimate interests, manufacturers and exporters should familiarize themselves with the procedure and actively contact Vietnam Antidumping Law Firm specializing in anti-dumping and trade remedy for timely assistance.
ASL Law is a leading full-service and independent Vietnamese law firm made up of experienced and talented lawyers. ASL Law is ranked as the top tier Law Firm in Vietnam by Legal500, Asia Law, WTR, and Asia Business Law Journal. Based in both Hanoi and Ho Chi Minh City in Vietnam, the firm’s main purpose is to provide the most practical, efficient and lawful advice to its domestic and international clients. If we can be of assistance, please email to [email protected].
ASL LAW is the top-tier Vietnam law firm for Anti-dumping & countervailing. If you need any advice, please contact us for further information or collaboration.
