US rescinds review of antidumping duty on Vietnam’s steel wire garment hangers
The US Department of Commerce (DOC) recently published in a Federal Register a notice of rescinding administrative review of the antidumping duty on steel wire garment hangers imported from Vietnam.
Illustrative image (Source: Internet) Earlier on April 10, 2017, based on the request for review by petitioner M&B Metal Products Company, Inc, the DOC announced the initiation of an administrative review of the above products, which covers 66 Vietnamese exporters.
On April 24, 2017, the petitioner withdrew its request for the review on all 66 companies listed in the Initiation Notice.
Pursuant to 19 CFR 351.213, the DOC will rescind the review if the relevant party withdraws its request within 90 days of the notice publication.
In this case, the petitioner timely withdrew its request, and no other party requested a review.
Accordingly, antidumping duties on imported shipments during the above period will equal to the cash deposit of estimated countervailing duties required at the time of entry, or withdrawal from warehouse for consumption.
According to the Competition Authority, Vietnam’s steel garment hangers have been subject to respective anti-dumping and anti-subsidy taxes of 157 – 220.68 percent and 31.58-90.42 percent imposed by the DOC.-VNA
You should also see
InfographicCommemoration of Hung Kings - Gathering the spirit of patriotism
The Commemoration of the Hung Kings and the Hung Kings Temple Festival are among the most important festivals of the year for Vietnamese people. The worship of the Hung Kings is not only part of the cultural identity of the Vietnamese community but has also transcended national boundaries to become an Intangible Cultural Heritage of Humanity.
See more
Business
Satisfaction of administrative services improves
Vietnamese citizens had greater satisfaction with the administrative services provided by State agencies last year, according to the Satisfaction Index of Public Administration Services (SIPAS) 2023 announced by the Ministry of Home Affairs (MoHA) on April 17.
Business
Petrol prices increase slightly on April 17
The retail prices of petrol were adjusted up from 3pm on April 17 by the Ministry of Industry and Trade and the Ministry of Finance.
Business
Central Highlands provinces seek closer trade, investment ties with India
A business and investment conference was held in Dak Lak province’s Buon Ma Thuot city on April 17 with the aim of enhancing connectivity between Indian firms and Central Highlands provinces.
Business
Foreign purchasers show interest in five product groups of Vietnam
Foreign hypermarkets, retail distributors and international buying group registering to join the Vietnam International Sourcing 2024 have shown interest in five groups of Vietnamese products, namely foodstuff, textiles and fashion accessories; shoes, backpacks, bags and accessories; sporting goods and equipment; and household appliances and furniture.
Business
Japanese investors join big real estate project in Binh Duong
Japanese and Vietnamese investors of The One World urban area project in the southern province of Binh Duong received in-principal approval at a ceremony in the locality on April 17.
