Australia partially ends probe against VN’s galvanised steel

The US Department of Commerce (DOC) on August 13 decided to levy anti-subsidy duties on frozen shrimp imported from Vietnam. Under the Department’s latest decision, the two compulsory defendants - Minh Qui Seafood Co Ltd and Nha Trang Seafood JSC - will face anti-subsidy duties of 7.88% and 1.15%, respectively. Other Vietnamese businesses that export frozen shrimp to the US will be imposed a rate of 4.52%. The DOC asked the US Customs and Border Protection (CBP) to collect cash deposits sent by Vietnamese shrimp exporters to the US as of June 4, 2013. The DOC’s final decision will be submitted to the International Trade Commission (ITC) for approval before being announced on September 26. If the ITC certifies that US businesses suffer property losses due to the Vietnamese government’s subsidy, the DOC will officially levy anti-subsidy duties on October 3, 2013. Otherwise, the DOC’s lawsuit against imported shrimp from Vietnam will come to an end when the ITC finds no property losses in US businesses. The DOC conducted an anti-subsidy investigation after the Coalition of Gulf Shrimp Industries (COGSI) petitioned against subsidy policies of several countries, including Vietnam. The lawsuit is unreasonable and likely to create double taxation that will heavily affect more than 600,000 aquacultural farmers as well as seafood producers and exporters in Vietnam.... [read more]

The anti-subsidy investigation was made after the Coalition of Gulf Shrimp Industries (COGSI) lodged the petition on January 18. In a recent press release, the VFA, which represents more than 600,000 Vietnamese shrimp farmers and processors, said Vietnam has developed a market economy since late 1980s and since the nation joined the World Trade Organisation in 2007, all its economic policies concerning international trade (including those on warm-water shrimp farming and processing) have been translated into English and publicised before being issued to collect other WTO members’ opinions through the Vietnamese Ministry of Agriculture and Rural Development’s SPS programme. The VFA statistics showed that all shrimp breeding and processing policies of the country were accepted by other WTO members. In reality, shrimp farmers have used their own capital or taken loans to invest in building ponds, buying shrimp fries and feeds, hiring workers and paying taxes in accordance with the law. Therefore, COGSI’s lawsuit that accuses the Vietnamese Government for subsidising shrimp breeders is a groundless action, causing worries among Vietnamese shrimp producers and US shrimp importers, making a negative impact on US consumers and going against the developing trade relations between the two countries, said the VFA. The association pointed out that meanwhile, COGSI is providing the US market with wild caught shrimps. Its comparison of the price of wild caught shrimps (which includes high catching and labour costs in the US) and that of Vietnam’s farmed shrimps (which are raised in favourable climatic and natural conditions) is lame…... [read more]

Tran Thien Hai, President of the Vietnam Association of Seafood Exporters and Producers (VASEP), made the statement in response to US companies’ filing of an anti-subsidy lawsuit against shrimp imports from Vietnam. According to the Competition Management Department under the Ministry of Industry and Trade, on December 28, 2012, US shrimp producers filed a petition asking the US Department of Commerce (DOC) to conduct anti-subsidy investigation into frozen warm-water shrimp imported from several countries, including Vietnam. They also asked the US International Trade Commission (ITC) to review losses caused by the imports, he added. This is the US businesses’ fourth anti-subsidy lawsuit against products imported from Vietnam since 2009, after plastic bags, circular welded carbon-quality steel pipes and steel hangers, and the first against the country’s agricultural products. Hai said that VASEP has informed Vietnamese businesses of the case and encouraged them to gather necessary documents and date to serve the US investigation. According to VASEP, in the first 11 months of 2012, the US was the second largest importer of Vietnamese shrimp, after Japan. The turnover of Vietnam’s shrimp exports to the US in the period exceeded US$425 million, accounting for 20.6 percent of the country’s total shrimp exports.... [read more]

New Delhi, January 11 (VNA) – Commodities from Vietnam have begun to make inroads into the Indian market as seen through the country’s first-ever trade surplus with India, standing at 70 million USD last year. Bui Trung Thuong, head of Vietnam’s trade office in India, made the comment during an interview with Vietnam News Agency on the occasion of 45 years of bilateral diplomatic ties (January 7, 1972) and 10 years of strategic partnership with India. He said since Vietnam and India set up a strategic partnership in 2007, bilateral trade has increased more than five-fold from 1.01 billion USD in 2006 to 5.5 billion USD in 2016, according to the General Department of Vietnam Customs. Vietnam’s exports to India jumped 19.34 times during that period with average growth of 253 percent annually. The structure of traded commodities has also changed dramatically, from mostly animal feed, corn and pharmaceuticals in the past to a wide range of goods at present such as agricultural and aquatic products, electronic devices, mobile phones and components, machinery, pharmaceuticals, chemicals, garments and automobiles. Thuong said that the two countries have huge cooperation potential, especially after ties were elevated to a comprehensive strategic partnership during a visit to Vietnam by Indian Prime Minister Narendra Modi last year. He said India is currently a big supplier of textile and garment materials for Vietnam, with the Southeast Asian nation importing 423 million USD worth of cotton, fibre, fabric, other materials and apparel products from India in 2013, up…... [read more]

Local steel pipe makers to face anti-dumping case By Ngoc Lan - The Saigon Times Daily HANOI – Four U.S. steel pipe producers have demanded initiation of an anti-dumping and anti-subsidy investigation into steel pipe products imported from ten Vietnamese firms. Petitions on such investigation were laid to the U.S. Department of Commerce on Wednesday by four steel makers stateside namely Ailled Tube and Conduit, JMC Steel Group, Wheatland Tube and United States Steel Corporation. According to the Vietnam Chamber of Commerce and Industry (VCCI), beside Vietnam, steel pipe exporters from India, Oman and the United Arab Emirates (UAE) may also be investigated. The U.S. Department of Commerce will consider and officially decide whether to start the investigation or not 20 days after the petition is received, or on November 11. However, local steel exporters have to answer a preliminary questionnaire and submit it before November 12. The final investigation result is estimated to be released on October 5, 2012, along with the specific tax rates applicable for each nation or enterprise. The ten steel pipe producers in Vietnam listed on the petition include Huu Lien A Chau, Daiwa Lance, Hoa Phat, Hoa Sen, Hyundai-Huy Hoang, SeAH, Tianjin Lida, Viet Duc, Vinapipe and Vingal. There is a rumor that Chinese steel pipe products are jointed in Vietnam and labeled as Vietnamese products. This event, if true, goes against customs regulations because steel pipe jointing does not change the product’s origin. The U.S. market demand for steel pipes is some US$3…... [read more]

Steel assoc. hires lawyers to fight dumping accusations By Van Nam - The Saigon Times Daily Vietnam’s steel pipe products may face anti-dumping and anti-subsidy investigation in the U.S. - Photo: Le Toan HCMC – The Vietnam Steel Association (VSA) is urgently finding lawyers to protect ten local steel pipe makers as the U.S. Department of Commerce has officially started anti-dumping and anti-subsidy investigations against them. Vice chairman of VSA Nguyen Tien Nghi told the Daily on Monday that if legal counselors were not hired soon, steel pipe products of local makers might not be exported to the U.S., affecting the reputation of Vietnam’s steel industry. The U.S. Department of Commerce last week started investigating Vietnam’s steel products, including black and metal-plated steel pipes, according to the Vietnam Competition Authority under the Ministry of Industry and Trade. Some steel makers of the U.S., including Allied Tube and Conduit, JMC Steel Group, Wheatland Tube and U.S. Steel Corp., in October submitted a petition for anti-dumping and anti-subsidy investigations against welded carbon steel pipes imported from India, Oman, the United Arab Emirates and Vietnam. The ten Vietnamese steel makers subject to investigations are Huu Lien A Chau, Daiwa Lance, Hoa Phat, Hoa Sen, Hyundai-Huy Hoang, SeAH, Tianjin Lida, Viet Duc, Vinapipe and Vingal. However, three out of the makers listed above do not export steel pipes to the U.S., Nghi said. Besides, there are four makers exporting just small amounts of products to this country recently, with hundreds to 2,000 tons each.…... [read more]

Steel hanger makers prepared for anti-dumping lawsuit By Van Nam - The Saigon Times Daily HCMC – Ten local steel hanger makers have hired lawyers in preparation for the anti-dumping and anti-subsidy lawsuit against Vietnamese export steel hangers shipped to the U.S. This was revealed by Lawyer Dinh Anh Tuyet of IDVN Lawyer Office, who is helping the ten local firms prepare documents for the accusation. “If enterprises do not actively prepare sufficient documents to challenge the lawsuit, local steel hanger producers will likely be imposed a very high tax rate (up to 100% according to the plaintiff’s claim),” Tuyet told the Daily. Previously on January 18, the U.S. Department of Commerce (DOC) officially announced to launch an anti-dumping and anti-subsidy investigation against steel hangers imported from Vietnam and Taiwan. The investigation was initiated by big steel producers stateside namely M&B Metal Products Company, Innovative Fabrication LLC / Indy Hanger, and US Hanger Company. According to the website of the Ministry of Industry and Trade, this is the third anti-dumping and anti-subsidy lawsuit against Vietnamese products in the U.S. The preliminary investigation results will be publicized in June. Later, the U.S. International Trade Commission will make its final decision on the anti-dumping and anti-subsidy tariffs slapped on Vietnamese steel hangers from July onward. According to the trade ministry, some programs seen by the U.S. as providing subsidies are the preferential lending program for export enterprises, land rent reduction or exemption and corporate income tax incentives for foreign invested firms, and…... [read more]

U.S. sets subsidy rates against Vietnamese steel By Tran Thu - The Saigon Times Daily HCMC – The U.S. Department of Commerce (DOC) on Tuesday announced its preliminary determination in the anti-subsidy investigation of steel pipes imported from Vietnam and other Asian countries, says the website steelorbis.com. After conducting an investigation into steelmakers from Vietnam, India, Oman and the United Arab Emirates (UAE), DOC determined that Vietnamese producers have received the subsidies of 0.04-8.06%. Particularly, SeAH Steel Vina Corp. has received the subsidy rate of 0.04%, while Vietnam Haiphong Hongyuan Machinery Manufactory Co. Ltd. enjoyed 8.06%. The level is 8.06% for other Vietnamese steelmakers. India’s Zenith Birla Ltd. and Lloyds Metals and Engineers Ltd. both received a hefty subsidy rate of 285.95%. Meanwhile, the subsidy rate for Oman’s steelmakers is 0.12%, and those from UAE did not benefit from subsidies. DOC initiated the anti-subsidy and anti-dumping investigation in November 15 last year on the petition of four U.S. steel producers. According to the Trade Remedies Council under the Vietnam Chamber of Commerce and Industry (VCCI), the steel pipe subject to investigation is welded carbon-quality steel pipe whose diameter is below 406.4 mm. It is expected that DOC will announce its official determinations in the anti-subsidy investigation this October, and preliminary and official determinations in the anti-dumping investigation in May and October respectively.... [read more]

Steel pipe exporters cleared of dumping accusations By Tran Thu - The Saigon Time Daily HCMC – Major steel pipe exporters of Vietnam did not dump their products in the U.S., according to the preliminary investigation result of the U.S. Department of Commerce (DOC). DOC last week announced the preliminary determination in the anti-dumping investigation into circular welded carbon-quality steel pipes imported from Vietnam, India, Oman and the United Arab Emirates (UAE), said the Competition Management Department under Ministry of Industry and Trade. Particularly, DOC determined to set a preliminary anti-dumping tax rate of 0% on Vietnamese mandatory respondents SeAH Steel VINA Dong Nai Corp. and Vietnam Haiphong Hongyuan Machinery Manufactory Co. Ltd. Meanwhile, Sun Steel Joint Stock Company, Huu Lien Asia Corporation and Hoa Phat Steel Pipe Co., who voluntarily joined the investigation, are levied a dumping margin of 9.32%. Other steelmakers of Vietnam are slapped a 27.96% tariff. According to the Competition Management Department, such a result is attributed to the fact that Vietnamese enterprises have actively participated in the investigation, hired lawyers and collected evidences. On the other hand, those who did not join the anti-dumping case are levied the rate of as much as 27.96% based on the unfavorable information provided by the plaintiff. Since the anti-subsidy and anti-dumping lawsuit against steel pipes from Vietnam, India, Oman and UAE was initiated late last year, DOC has announced the preliminary determinations in both investigations. It is expected that DOC will announce the official determinations this October. According…... [read more]

Vietnamese steel sheets face dumping accusation Thu Nguyet and Van Nam U.S. retracts subsidy accusation against Vietnam steel pipes By Van Nam and Thu Nguyet - The Saigon Times Daily HCMC – The metal-plated and color-coated steel sheet association of Thailand earlier this month issued warning against dumping of Vietnamese steel sheets to Thailand. Thailand warned that if Vietnamese steel makers did not limit the export volume, Thai producers would propose the Thai Government launch anti-dumping investigation against Vietnamese products, says a report on the steel industry that the Vietnam Steel Association (VSA) sent the Daily on Wednesday. Earlier, in mid-August, the Malaysian Iron and Steel Industry Federation warned against the influx of coated steel products into Malaysia from Vietnam and said they would file a lawsuit against Vietnam if the situation was not timely remedied. While VSA and the Malaysian counterpart were working with each other on this issue on Tuesday, the steel sheet association of Thailand sent a dispatch with a similar warning. In response to the risk of an anti-dumping lawsuit filed by Thailand, VSA requested all producers of metal-plated and color-coated steel sheets in the country to jointly cope with the case. The local steel supply currently far exceeds demand, forcing many steel mills to produce perfunctorily, or just operate at a 50% capacity. Steel makers are struggling to find outlets for their products by boosting exports, yet they run into dumping accusations, said VSA. In the first nine months of 2012, some 1.44 million tons…... [read more]




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