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In March 2024, the United States International Trade Commission (USITC) issued a questionnaire for a global safeguard investigation into Fine Denier Polyester Staple Fiber products with HS code 5503.20.0025. On February 28, 2024, U.S. polyester staple fiber manufacturers, including Fiber Industries LLC d/b/a Darling Fibers; Nan Ya Plastics Corp, America; and Sun Fiber LLC, submitted…
07
Apr
Apr
Recently, some related parties have submitted a request for exemption from the application of anti-dumping measures for long polyester fiber products to the Vietnam Trade Remedies Authority (the investigating authority). To consider the exemption request for products described above, the Vietnam Trade Remedies Authority has officially announced, requesting domestic manufacturing companies to collect and confirm…
05
Apr
Apr
With the purpose to determine procedures and principles related to the importation of “Solar energy cells assembled in modules or arranged in solar panel sheets” originating or exported from Croatia, Jordan, Thailand, Malaysia, and Vietnam are in line with Turkey’s law, the Turkish Ministry of Trade has officially issued a notice regarding the deposit requirement…
04
Apr
Apr
Recently, the Canada Border Services Agency (CBSA) issued an official notice regarding the extension of a reinvestigation aimed at updating normal values and export prices for certain carbon steel screws from China and Taiwan. Goods directly exported from Vietnam to Canada are not subject to the trade remedy investigation. However, the investigating authority has received…
01
Apr
Apr
Information from the Vietnam Association of Seafood Exporters and Producers (VASEP) reveals that the U.S. Department of Commerce (DOC) announced preliminary countervailing duty rates for shrimp imports from Vietnam, India, and Ecuador on March 25, 2024. Three out of the four largest shrimp suppliers to the U.S. will face preliminary countervailing duties ranging from 1.69%…
02
Apr
Apr
In March 2024, Formosa and Hoa Phat submitted applications to initiate an anti-dumping investigation against hot-rolled coil steel imported from China, citing that Chinese enterprises’ dumping of steel products in the Vietnamese market threatens the domestic manufacturing industry. However, while Chinese companies have not responded, seven Vietnamese steel producers have voiced opposition, stating that there…
03
Apr
Apr
On March 22, 2024, the Canada Border Services Agency (CBSA) announced that it would conduct reviews of anti-dumping and countervailing duties on upholstered domestic seating products originating from Vietnam and China. The CBSA has initiated a normal value review to establish normal values, export prices, and the amount of subsidies applicable to upholstered domestic seatings…
29
Mar
Mar
On March 19, 2024, two steel manufacturing enterprises in Vietnam, including Hoa Phat Group and Formosa Ha Tinh Steel Corporation, sent a request to initiate an anti-dumping investigation to the Trade Remedies Authority of Vietnam regarding HRC products imported from China into Vietnam. The reason for this request is the sudden increase in imported steel…
25
Mar
Mar
The draft Law on Value-Added Tax (amended) and the draft Decree guiding the detailed implementation of the Law on Value-Added Tax (amended) are currently under review by the Ministry of Finance. This draft proposes applying a 10% VAT tax to most exported services (except for some specifically regulated services). If Vietnamese exported services are subject…
26
Mar
Mar
Since the start of 2024, Brazil has conducted several anti-dumping investigations against products originating from China. It is anticipated that with Chinese businesses facing challenges in trading with the largest economy in Latin America, this will be a good opportunity for Vietnamese enterprises to replace them and establish long-term and sustainable cooperation with Brazil. The…
