Nine businesses exempted from safeguards on colour-coated steel sheets

Thursday, 2017-08-03 17:19:52
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NDO – The Vietnam Competition Authority (VCA) under the Ministry of Industry and Trade (MoIT) announced on August 2 that it decided to lift safeguard measures from imports of colour-coated steel sheets for nine enterprises.

Earlier, the VCA has received dossiers requesting exemptions from safeguard measures on imported high-quality colour-coated iron for production purposes.

After evaluating the dossiers, the MoIT chose to exempt safeguard measures on the imports for nine enterprises. The enterprises exempted include Panasonic Vietnam Company Limited, LG Electronics Vietnam Hai Phong Company Limited, Hoa Phat Refrigeration Engineering Company Limited, Samsung Electronics Ho Chi Minh City CE Complex Company Limited, Viettronics Tan Binh Joint Stock Company, Aqua Electrical Appliances Vietnam Company Limited, Dong Anh Investment Construction and Building Materials Joint Stock Company, Vietnam Pride Construction Investment Company Limited and Metal Vietnam Joint Stock Company.

Enterprises exempted from the safeguards must submit reports on the imports to the VCA within the first 15 days of the following quarter.

If the enterprises fail to send reports on time to VCA, the MoIT will revoke the exemption.