US cancels anti-dumping review on steel nails from Vietnam
The US Department of Commerce has cancelled a review of the countervailing duty order on steel nails from Vietnam for the period between January 1 and December 31, 2016.
Hanoi (VNA) – The US Department
of Commerce has cancelled a review of the countervailing duty order on steel nails
from Vietnam for the period between January 1 and December 31, 2016.
The rescission notice was issued last week.
The department received a request from Mid Continent Steel & Wire Inc. to conduct an administrative review of the countervailing duty order with respect to 14 companies from Vietnam on July 31.
Based upon this request, the department published a notice of initiation of administrative review for this order on September 13. But on September 28, the petitioner withdrew its request for all 14 companies so the department rescinded the order.
The department will instruct US Customs and Border Protection to assess the countervailing duties on all appropriate entries at a rate equal to the cash deposit of estimated anti-dumping duties required at the time of entry, or withdrawal from warehouse, for consumption, during the period.-VNA
The rescission notice was issued last week.
The department received a request from Mid Continent Steel & Wire Inc. to conduct an administrative review of the countervailing duty order with respect to 14 companies from Vietnam on July 31.
Based upon this request, the department published a notice of initiation of administrative review for this order on September 13. But on September 28, the petitioner withdrew its request for all 14 companies so the department rescinded the order.
The department will instruct US Customs and Border Protection to assess the countervailing duties on all appropriate entries at a rate equal to the cash deposit of estimated anti-dumping duties required at the time of entry, or withdrawal from warehouse, for consumption, during the period.-VNA
You should also see
Localities get ready for fourth FDI boom
As the year 2024 is expected to witness the start of the fourth wave of foreign direct investment (FDI) to Vietnam, localities nationwide are getting ready to absorb foreign capital flows.
See more
Business
Noi Bai, Da Nang named in world’s top 100 airports
Hanoi capital’s Noi Bai International Airport and the Da Nang International Airport in the central city of the same name have been listed among the world’s top 100 airports in 2024 by the UK–based aviation consultancy Skytrax.
Business
Vietnam earns 1.43 billion USD from rice exports in Q1
ietnam in the first quarter of 2024 exported 2.18 million tonnes of rice, earning 1.43 billion USD, an increase of 17.6% in volume and 45.5% in value year on year. Meanwhile, the average export rice price also increased by 23.6% to $653.9 per tonne.
Business
HCM City moves towards Net Zero
Ho Chi Minh City is building a project to restructure its industry towards sustainable development in the 2025-2030 period, with a vision to 2050, prioritising the use of high technology and reducing emissions towards net zero emissions by 2050.
Business
Old loans must endure higher interest rates temporarily: central bank
The average lending interest rate for new loans by commercial banks is reported at around 6.4% per year, a decrease of 0.7 percentage point per year compared to the end of last year. However, borrowers with loans issued before the latest rate adjustment still must pay higher rates, according to the State Bank of Vietnam (SBV).
Business
Vietnam among top domestic infrastructure investors: Ambassador
Vietnam is one of the leading countries in Asia in terms of investment for infrastructure development, allocating 5.7% of its Gross Domestic Product (GDP) to projects in this field, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the United Nations (UN).
