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Anti-dumping tariff on chromed steel

by VTV401 April 2017 Last updated at 09:31 AM

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VTV.vn - After a year of investigation, the Ministry of Industry and Trade officially imposed an anti-dumping tax on imported chromed steel from China and South Korea.

Chromed steel from these countries will be subject to a 3.17 to 38.34% tax. The policy will be effective for 5 years from now. Suspicion of dumping surfaced in March 2016, followed by an investigation by the Ministry of Industry and Trade, which confirmed the accusation on March 3rd. Investigators claimed that dumping of imported chromed steel had caused considerable damage to Vietnam's manufacturing sector.