The economics ministry said that no sufficient evidence showed the duties would have a markedly negative effect on the economy in Vietnam.

The Customs Administration yesterday said that it had impose an anti-dumping duty on Portland cement and clinker from Vietnam for five years beginning on Monday.

Cement products imported from Long Son Co and its affiliate Long Son Industrials Co face a tariff rate of 13.59 percent, the customs agency said in a statement.

Thang Long Cement JSC would be taxed at 19.25 percent, while Vissai Ninh Binh JSC, Xuan Thanh Cement JSC and Vicem Ha Tien Cement JSC-Vicem Ha Tien Cement Sales & Services Enterprise would be subject to a 14.82 percent rate, the statement said.

All other Vietnamese manufacturers and exporters would be taxed at 23.2 percent, it said.

The decision was jointly finalized by the Ministry of Finance and the Ministry of Economic Affairs, confirming that the Vietnamese companies had engaged in dumping and caused substantial harm to local Taiwanese producers, the statement said.

The economics ministry also found no sufficient evidence that the duties would have a markedly negative effect on Vietnam’s overall economic situation, the statement added.

To qualify for the individual duty rates, Taiwanese importers must submit documentation identifying the exporter or manufacturer for customs review, otherwise, the highest specified rate would apply, it said.

An investigation into Vietnamese cement dumping was launched in August last year, after the Taiwan Cement Industry Association applied for anti-dumping duties, citing suspected dumping and harm to domestic industries.

Meanwhile, the Customs Administration announced that anti-dumping duties on carbon steel plates from Ukraine would remain suspended, taking into account the effect on the country’s overall economic interests.

The steel policy, first implemented on Aug. 29, 2023, would remain in effect until Sept. 13 next year, it said.

Anti-dumping duties on the products were originally in place for Brazil, China, India, Indonesia, South Korea and Ukraine from Sept. 14, 2022.

Source: Taipei Times