Vietnam imposes anti-dumping tax on sugar imports from some SEA states

The Ministry of Industry and Trade on August 1 officially slapped an anti-dumping tax of 42.99% and countervailing duties of 4.65% on cane sugar products from Cambodia, Indonesia, Malaysia, Laos, and Myanmar, all of which use materials originating from Thailand.

vietnam imposes anti-dumping tax on sugar imports from some sea states picture 1

The latest tariff is to become valid seven days after the decision’s issuance and will be effective until June 15, 2026.

The move, according to the Ministry of Industry and Trade, is to ensure a fair and competitive environment for the domestic sugar industry. It will also help to protect the rights and interests of the domestic sugar industry as well as local farmers.

The Ministry earlier completed an anti-dumping investigation into cane sugar imports from the Southeast Asian countries.

The investigation was carried out in a fair and transparent manner in accordance with Vietnamese law and the World Trade Organization (WTO)’s rules, the Ministry affirmed.

The country removed duties placed on sugar imported from Southeast Asian countries in 2020, in accordance with commitments set out in the ASEAN Trade in Goods Agreement, or ATIGA.

However, provisions allow the association’s member states to impose import duties in order to protect the rights and interests of their domestic industries against anti-competitive behaviour.

VOV/VNA

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