DOC makes positive conclusion for Vietnam’s tyre makers
The US Department of Commerce (DOC) has issued a positive conclusion for Vietnam in the anti-dumping and countervailing duty probes into imported automobile tyres.
A car tyre factory in Binh Duong province (Photo: VNA)
Hanoi (VNA) – The US Department of Commerce (DOC) hasissued a positive conclusion for Vietnam in the anti-dumping and countervailingduty probes into imported automobile tyres.
On May 24, the DOC issued its final conclusion about theanti-dumping and countervailing duty investigations into automobile tyresimported from the Republic of Korea, Taiwan (China), Thailand, and Vietnam.
For the anti-dumping duty content, the DOC maintained itsdecisions made in the preliminary conclusion. Accordingly, most of thebusinesses that account for 95.5 percent of Vietnam’s total car tyre exports tothe US are considered free of dumping their products and thus, not subject toanti-dumping duties, while a tax rate of 22.3 percent is imposed on the remainders.
For the countervailing duty content, the tax rates on the Vietnameseenterprises are set at between 6.23 percent and 7.89 percent, down from the6.23 percent – 10.08 percent determined in the preliminary conclusion.
Given this, the anti-dumping and countervailing duties thatthe companies making up 95.5 percent of the tyre exports to US are between 6.23percent and 7.89 percent, lowest among the countries and territory subject tothe investigations.
This is a positive result for Vietnam’s tyre producers andexporters to the US – the largest market of Vietnamese tyres. It also benefitsthe rubber industry since about 80 percent of natural rubber harvested inVietnam is used for tyre manufacturing.
The Ministry of Industry and Trade (MoIT) said it has been workingclosely with relevant parties to secure objective and positive results forVietnamese producers and exporters.
The ministry noted it has continually discussed with relatedagencies of the US via different dialogue channels to prove that Vietnam didnot dump or subsidise automobile tyres or devalue its currency to create anexport advantage.
It will continue coordinating with the State Bank of Vietnamand relevant ministries and sectors to continue talking with the US about thiscountry’s conclusion regarding currency devaluation, the ministry added./.
Major Vietnamese tyre exporters have not dumped passenger tyres in the US, according to the US Department of Commerce (DOC)’s latest affirmative preliminary anti-dumping duty determinations for passenger vehicle and light truck tires from the Republic of Korea, Taiwan, Thailand, and Vietnam.
The Ministry of Industry and Trade (MoIT) will continue to support domestic businesses, especially small and medium-sized enterprises, to improve their awareness of trade remedies.
The US Department of Commerce (DOC) has officially begun an anti-dumping investigation into honey imported from Argentina, Brazil, Ukraine, and Vietnam, the Trade Remedies Authority of Vietnam has announced.
The Indian Ministry of Commerce and Industry has announced the initiation of an anti-dumping probe into solar cells originating from China, Thailand, and Vietnam, according to the Ministry of Industry and Trade (MoIT).
The Turkish Ministry of Trade has received an anti-dumping complaint against polyester flat yarn hailing from Vietnam and the Republic of Korea, the Trade Remedies Authority of Vietnam (TRAV) has said.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
A car tyre factory in Binh Duong province (Photo: VNA) 
