Home Commodities

Safeguard duty on imported monosodium glutamate to reduce

Mar 21st at 10:31
21-03-2017 10:31:49+07:00

Safeguard duty on imported monosodium glutamate to reduce

Safeguard duty on monosodium glutamate imported into Viet Nam will be lowered from March 25, 2017, according to a decision issued recently by the Ministry of Industry and Trade (MoIT).

 

Safeguard duty of VND4,390,000 per tonne will expire on March 24. The new duty, set at VND3,951,899 per tonne, will be imposed from March 25, 2017 until March 24, 2018, the ministry’s Decision 920/QD-BCT, dated March 10, states.

Monosodium glutamate imported into Viet Nam has been subject to safeguard duty since March 25, 2016, and this imposition will last for four years. Safeguard duty rate will be gradually cut and slashed to zero dong per tonne from March 25, 2020.

bizhub

MOST READ

NEWS SAME CATEGORY

Ministry denies rice licence costs $20,000
COMMODITIES Mar 20th at 15:23

Ministry denies rice licence costs $20,000

The Ministry of Industry and Trade has denied reports that a rice company had to pay US$20,000 for a rice export licence.

Steel prices set for slight rise
COMMODITIES Mar 20th at 10:36

Steel prices set for slight rise

Steel prices will remain stable on the domestic market this month but are expected to increase slightly soon, according to the Ministry of Industry and Trade.

Vietnamese tuna exports hit by Japan’s import tariff
COMMODITIES Mar 18th at 15:34

Vietnamese tuna exports hit by Japan’s import tariff

Viet Nam’s tuna exports to Japan have dropped for four consecutive years since 2013 partly due to high import tariff at 6.4-7.2 per cent.

Cashew exports edge down
COMMODITIES Mar 17th at 10:22

Cashew exports edge down

Viet Nam’s cashew exports in the first two months of the year fell by 3.3 per cent to US$255 million, according to the Viet Nam Cashew Association.

Viet Nam slams Australia’s prawn ban
COMMODITIES Mar 17th at 10:17

Viet Nam slams Australia’s prawn ban

The Vietnamese Government has accused Australia of "causing serious damage" to its prawn farmers and exporters and has asked the Federal Government to reconsider...

VN coal struggles against imports
COMMODITIES Mar 16th at 21:56

VN coal struggles against imports

The domestic coal sector is going through a tough time owing to serious competition from cheap imported coal, the Ministry of Industry and Trade (MoIT) has said.

Pepper price drops to five-year low
COMMODITIES Mar 16th at 21:53

Pepper price drops to five-year low

The purchase price of dried pepper dropped on Tuesday by VND10,000 per kilo to VND95,000-100,000 per kilo in Dak Lak, Gia Lai and Dak Nong provinces against last...

Pepper price drops to five-year low
COMMODITIES Mar 15th at 21:13

Pepper price drops to five-year low

The purchase price of dried pepper dropped on Tuesday by VND10,000 per kilo to VND95,000-100,000 per kilo in Dak Lak, Gia Lai and Dak Nong provinces against last...

Avian flu scare: VN halts US poultry imports
COMMODITIES Mar 13th at 20:42

Avian flu scare: VN halts US poultry imports

Viet Nam has halted the import of poultry and poultry products from two US states, Tennessee and Wisconsin, which have been affected by avian flu.

Sale of cars down despite price drop
COMMODITIES Mar 11th at 15:03

Sale of cars down despite price drop

Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold more than 17,600 cars in February, down 13 per cent from the previous month.

Read More

Commodity prices

MOST READ

Back To Top