Sugarcane fields and defensive measures in Vietnam

Published 2023년 8월 22일

Tridge summary

The Ministry of Industry and Trade in Vietnam has decided to impose anti-dumping and anti-subsidy taxes on certain Thai companies importing cane sugar products. The tax rates range from 25.73% to 32.75% for anti-dumping and 0% to 4.65% for anti-subsidy. These taxes are aimed at curbing unhealthy foreign trade activities and protecting the domestic sugar industry.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Specifically, the Ministry of Industry and Trade decided to impose anti-dumping tax and anti-subsidy tax on some Thai companies, with the lowest anti-dumping tax rate of 25.73% and the highest of 32.75%. , and the lowest anti-subsidy tax rate is 0% and the highest is 4.65%. The Ministry of Industry and Trade said that anti-dumping and anti-subsidy taxes are additional import taxes, including imports under tariff quotas. Looking ahead… Although trade liberalization is a general trend, anti-dumping, anti-subsidy and even trade safeguards can still become legitimate "protectionist" measures and are regulated by many trade regulations. internationally allowed member states to apply. These are options to curb unhealthy foreign trade activities as well as to protect the fledgling domestic industry. Moreover, anti-subsidy is also a "bell" urging governments of countries to choose a way to treat businesses fairly. Faced with the great impact of imported cane sugar products many years ago, ...
Source: Vietstock

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.