VIETNAM BUSINESS NEWS MAY 4

Ministry keeps anti-dumping duty on aluminium from China The Ministry of Industry and Trade has decided to continue imposing anti-dumping duties on certain aluminium products originating from China with a tax rate from 4.39 per cent to 35.58 per cent after carrying out the first review. On September 28 last year, the Ministry of Industry and Trade issued a decision to impose anti-dumping duties on some aluminium products originating from China with a rate from 2.49 per cent to 35.58 per cent. The ministry initiated the investigation into the anti-dumping case in January 2019. The investigation found injuries to the domestic aluminium industry. Specifically, most domestic producers suffered losses, many production lines had to stop operating and a large number of workers lost jobs. The major cause was found to be the dumping of aluminium products originating from China at margins of 2.49 per cent to 35.58 per cent. In mid-2020, the ministry received an inquiry to conduct the first review on anti-dumping duties on Chinese aluminium products. After the review, the ministry issued a decision on April 20 this year which took effect five days later to continue levying anti-dumping duty on some aluminium products originating from China. On… Read full this story

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