Vietnam to impose temporary anti-dumping duty on some Chinese furniture
Visitors at an exhibition during the Vietnam Furniture Matching Week in April 2021. Photo courtesy of the Handicraft and Wood Industry Association of HCMC (HAWA)
Vietnam will this month impose temporary anti-dumping duty on some furniture products originating from China, the Ministry of Industry and Trade said.
The tariff of between 21.4% and 35.2% will be in place for four months starting mid-October, the ministry said in a statement late on Monday.
Table and chair imports from China have increased "significantly" and caused damage to domestic production, the ministry said in the statement, without elaborating further.
China is Vietnam's largest trading partner and a key source of materials and equipment for Vietnam's manufacturing.
Other Posts
- FDI disbursement in Vietnam hits record high
- 10 outstanding events of Vietnam's economy in 2023
- Improve efficiency from FTA agreements
- Budget revenue exceeded plan
- Economy 2023, forecast 2024: Vietnam's economy through the perspectives of international experts
- Experts emphasize the human factor when Vietnam develops the Digital Economy
- World Bank: 2023 is a "resilient" year for Vietnam's economy
- Approve the Planning for exploration, exploitation, processing and use of minerals as construction materials
- Enhance international integration capacity
- It is forecasted that international flight passengers will increase and domestic flights will decrease