Hiển thị các bài đăng có nhãn Lawyers. Hiển thị tất cả bài đăng
Hiển thị các bài đăng có nhãn Lawyers. Hiển thị tất cả bài đăng

Thứ Năm, 16 tháng 11, 2023

Anti-dumping Duty Petitions on Aluminum Extrusions from Vietnam to the United States

New anti-dumping and countervailing duty petitions on US aluminum extrusions from Vietnam and 14 other countries.

Overview of anti-dumping on aluminum extrusions from Vietnam

On October 4, 2023, a coalition of US Aluminum Extruders Coalition and the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union filed a request for an Anti-Dumping (“AD”) investigation on aluminum extrusion products from Vietnam and 14 other countries including: Colombia, Dominican Republic, Ecuador, India, Indonesia, Italy, Malaysia, Mexico, China, South Korea, Taiwan, Thailand, Turkey, UAE; and Anti-subsidy investigation (“CVD”) with the same products from 4 countries: Indonesia, Mexico, China and Turkey.

Anti-dumping on aluminum extrusions from Vietnam

According to the US AD law, Anti-Dumping tax is a special tax, applied to dumped goods to prevent imported goods being sold in the United States at a price lower than the “normal value”. ”; Anti-subsidy duties are imposed against imports sold in the US that receive import subsidies from foreign governments.

To impose AD/CVD duties, in addition to determining that dumping and/or subsidies are occurring, the U.S. government must also determine that there is “substantial injury” (or threat of material injury) resulting from imported goods are dumped and/or subsidized to the domestic industry. Importers are responsible for any potential AD/CVD taxes that apply. In addition, these investigations may impact consumers by increasing prices and/or reducing the supply of aluminum extrusions from the 15 countries mentioned above, including Vietnam.

1. Scope of goods proposed for investigation of anti-dumping on aluminum extrusions from Vietnam

The goods under investigation are aluminum extrusions, regardless of form, finishing or fabrication, assembled with other components or unassembled, coated, painted, anodized or heat-treated. Extruded aluminum has shapes produced by an extrusion process, made from aluminum alloys whose metallic compositions correspond to the alloy series designations published by the Aluminum Association beginning with the numbers 1, 3 and 6 (or their proprietary equivalent or other certification body’s equivalent).

According to the Plaintiff, the imports described within the scope of the investigation are currently mainly goods with HS codes (according to the Harmonized Tariff Schedule of the United States) 04.10.1000; 7604.10.3000; 7604.10.5000; 7604.21.0010; 7604.21.0090; 7604.29.1010; 7604.29.1090; 7604.29.3060; 7604.29.3090; 7604.29.5050; 7604.29.5090; 7608.10.0030; 7608.10.0090; 7608.20.0030; 7608.20.0090; 7609.00.0000; 7610.10.0010; 7610.10.0020; 7610.10.0030; 7610.90.0040; 7610.90.0080.

2. Estimated tax for anti-dumping on aluminum extrusions from Vietnam

Typically, dumping margins are determined during an investigation by the U.S. Department of Commerce (DOC), based on responses from manufacturers whose goods are identified as mandatory subjects. must submit responses to DOC’s investigation questionnaire. If the manufacturer requested to respond does not respond to the questionnaire, a dumping margin will be assigned based on “existing adverse events,” which is a punitive margin, based on on the basis of the anti-dumping margin in the petition of the Complaining Party.

The dumping margin alleged in the Petitioner’s petition varies between countries, specifically as follows:

Country

Alleged dumping margin

Indonesia

112.21%

Italy

37.52%

Malaysia

54.87%

Mexico

111.38%

China

256.58%

Korea

66.43%

Taiwan

90.90% to 100.22%

Thailand

84.71%

Turkey

33.79%

UAE

39.80%

Vietnam

53.75%

Because DOC considers China and Vietnam to be “non-market economies” (“NMEs”), DOC began its investigation with the assumption that all exporters were members of a “pan-China entity” China” or “all-Vietnam entity” run by the government, therefore will be subject to “all-China” or “all-Vietnam” anti-dumping tax bands.

This margin is often based on “pre-existing adverse events,” making it so high that it can be considered punitive. Companies that demonstrate complete independence from the Chinese or Vietnamese Government can receive their own dumping rates based on their actual data.

In addition, the Plaintiff also alleges significant subsidies from China, Indonesia, Mexico and Turkey for goods exported from their countries, but the petition does not quantify the specific level of subsidies.

3. Process of anti-dumping on aluminum extrusions from Vietnam

The Anti-Dumping and Anti-subsidy investigation process consists of two phases: The opening phase and the final phase. DOC and the US International Trade Commission (ITC) will determine whether aluminum extrusions imported from countries under investigation are dumped into the United States and establish anti-dumping duties to be applied.

Simultaneously the investigation will also reveal whether the Governments of China, Indonesia, Mexico, and Turkey have subsidized Aluminum Extrusions exported to the US.

Anti-dumping investigation period: October 1, 2022 to September 30, 2023, especially for Vietnam and China, from April 1, 2023 to September 30, 2023.

The anti-subsidy investigation period is 2022 and previous years.

4. The proposed investigation schedule of the US Department of Commerce and the US International Trade Commission is as follows

The table below provides the main (approximate) deadlines for DOC and ITC procedures for investigation of anti-dumping on aluminum extrusions from Vietnam.

ITC releases questionnaires on foreign manufacturers, US importers, and US manufacturersOctober 6 or 9, 2023
Questionnaires from foreign manufacturers, US importers, and US manufacturers are dueOctober 18, 2023
Initialize DOCOctober 24, 2023
ITC preliminary conferenceOctober 25, 2023
ITC post-conference summaryOctober 30, 2023
Preliminary determination of ITCNovember 20, 2023
DOC releases CVD questionnaireNovember 23, 2023
DOC releases the ADD questionnaireNovember 28, 2023
DOC ADD returns due questionnaireDecember 19, 2023
DOC CVD responds to the due questionnaireDecember 23, 2023
Additional responses to the ADD and CVD questionnairesWinter/spring 2024
Determine the preliminary CVD of DOCMarch 2, 2024
VerificationSpring/Summer 2024
DOC’s preliminary ADD decisionMay 1, 2024
Determine the final ADD and CVD of the DOCSeptember 13, 2024
Final decision of the ITCOctober 28, 2024
Make decisionNovember 4, 2024

About ANT Lawyers, a law firm in Vietnam

We help clients overcome cultural barriers and achieve their strategic and financial outcomes, while ensuring the best interest rate protection, risk mitigation and regulatory compliance. ANT lawyers has lawyers in Ho Chi Minh city, Hanoi,  and Danang, and will help customers in doing business in Vietnam.

Share:
Continue Reading →

Thứ Ba, 4 tháng 7, 2023

Benefits of Investors in Setting up a Business in Da Nang

Da Nang is one of the five major cities in Vietnam, having a geographical location that is particularly conducive to rapid and sustainable economic development. Da Nang has important transportation routes such as the China-ASEAN international railway crossings, seaports and international airports. Foreign investors will find many benefits in setting up business in Da Nang.



Why it is attractive for setting up business in Da Nang?

Da Nang is one of the tourist centers of the country, having rich tourism potential including natural tourism resources and humanities. Da Nang has many famous scenic spots such as Hai Van pass, Son Tra mountain, Ba Na hills, Ngu Hanh Son, Cham Museum or My Khe beach have been voted by Forbes magazine as one of the six most beautiful beaches in the world. These conditions are favorable for the development of diversified forms of tourism such as travel, research, cultural.

Da Nang has infrastructure development, four types of roads are popular: high way, rail way, international airport and international seaport.

Da Nang has the sea lanes to most major ports in Vietnam and around the world. It helps investor more convenient to arrange logistics in Vietnam and other countries.

Moreover, Da Nang’s water supply, electricity supply and communication system have developed rapidly and are increasingly modernized, ranking third in the whole country after Hanoi and Ho Chi Minh City.  Da Nang has Da Nang Port, which help investor in import/export activities easily.

The advantage of the policy mechanism is that Da Nang has also had great support the mechanism and policies for socio-economic development of Da Nang. Since Da Nang was recognized as a national grade I city in 2003, Da Nang has implemented guidelines, regulatory directions and the issuance of specific regulatory mechanisms that support investors in setting up business in Da Nang.

With the support from the Central Government, Da Nang authorities have also developed appropriate policies and mechanisms to facilitate the development of the economy, such as the one-stop-shopping mechanism. For examples: Procedures related to investment, investment locations, land clearance and handover plan, the granting of business registration certificates and investment preference certificates would be carried out under the one-stop-shopping mechanism at the provincial municipal all of them are resolved at Da Nang Administration Center.

With open minded approach, the legal setting in Da Nang is such that investors making meaningful investments and investments favored by the Da Nang’s government can negotiate practical and favorable arrangements from preferential export taxes to work force advantages.

Tradition of unity, consensus of people and the dynamism and creativity of the leadership are the advantages that has mobilized the strength, the most important and decisive resource for the development of Da Nang. The determination of leaders, city authorities in building programs, projects with the support of the people, investors, enterprises, etc that help investors who will invest in Da Nang enjoy the highest benefits in setting up business in Da Nang in particular, and doing business in Vietnam in general.

How lawyers in Da Nang can help investors in setting up business in Da Nang?

Having lawyers in Da Nang with a thorough understanding of local laws and the intricacies of doing business operations at the local level can provide valuable insight and ensure investors have the peace of mind they need to have successful business operations. Knowing local customs, traditions, and how to navigate the obstacles where contacting a Da Nang-based lawyer can help investors get a local perspective and determine proper business set-up strategies. Additionally, an experienced Da Nang lawyer can assist with advising the correct business company type and appropriate license if necessary; being familiar with the various laws at a municipal level; working with local officials to acquire all applicable permits and be aware of all regulatory factors, including taxation; and be always prepared in the event of any dispute to ensure that client complies with local regulations. Thus a lawyer with a deep knowledge and understanding of Da Nang can provide invaluable assistance that will lead investors to successfully running their businesses in the region.

Share:
Continue Reading →

Chủ Nhật, 2 tháng 7, 2023

Law Firms in Da Nang

 

ANT Lawyers, the English speaking law firms in Da Nang is located in the business center that provides convenient access to our clients.



The office is represented by lawyers whom are local of Hoi An covering Da Nang, Hoi An, Hue and other central provinces.

The common thread in everything we do is our ability to combine both commercial and legal perspectives. This means our clients can rest assured that, whatever the case or transaction, our English speaking lawyers have the experience to deliver legal advice and service that works in a commercial context.

Lawyers in Da Nang focus on important business and legal issues related to real estate, foreign investment, setting up company and other business structures, M&A, contract and dispute resolution.

Together with law offices in Hanoi and Ho Chi Minh City, the law office in Da Nang with coverage of Hoi An, Hue and other central provinces strengthens the nationwide coverage of ANT Lawyers, serving clients better in legal services in Vietnam.

Please contact us to book your time in advanced to let us provide our best service.

Call our office at +84 236 7300 529, or talk to our partner directly at +84 912 817 823 or send us email ant@antlawyers.vn.

Let ANT Lawyers help your business in Vietnam.

Share:
Continue Reading →