Posted on 02 Jun 2017
The Ministry of Industry and Trade (MoIT) on Wednesday issued Decision No 1931/QĐ-BCT on the application of official safeguards on colour-coated iron sheets.
Products subject to these safeguard measures are imported from various countries and territories and have trade codes: 210.7010. 7210.7090. 7212 4010. 7212.4020. 7212 4090. 7225 9990. 7226.9919. 7226.9999.
This decision will be effective within 15 days from the date of signing. The order of procedures for application of safeguard measures should comply with the law on safeguards in the import of foreign goods in Việt Nam.
The MoIT applies official safeguards through tariff quotas on imported colour-coated iron in Việt Nam within three years from the effective date of the decision.
In the first year (from June 15, 2017 to June 14, 2018), the total import quota of iron products with non-taxable codes was 380.68 thousand tonnes. In the second year, the import volume of products with non-taxable codes will amount to 418.75 thousand tonnes and will increase to 460.62 tonnes in the third year. The tariff for products out of quota is 19 per cent.
On March 30, 2017, MoIT issued the Decision No 1105/QĐ-BCT on the application of official anti-dumping measures for imported galvanised steel products (also known as galvanised iron). Up to 26 HS codes originating from China (including Hong Kong) and Republic of Korea (case number AD02) were brought under these measures.
Official anti-dumping measures are applied in the form of additional import duties.
14 startups to represent the north in 2017 U.S. Ambassador’s Entrepreneurship Challenge
14 startups has just been selected from the northern region to the semi-final of the 2017 Ambassador’s Entrepreneurship Challenge which was organised by the U.S. Embassy Hanoi.
A team presenting to the judges and audience on May 30.
The 14 will compete in the National Competition on June 14. This year’s Ambassador’s Entrepreneurship Challenge includes three categories: social entrepreneurship, idea stage, and startup stage. The goal of this U.S. Embassy initiative is to help Vietnam expand its entrepreneurial ecosystem and encourage innovation.
Counselor for Public Affairs Molly Stephenson opened the pitch competition, expressing gratitude for the many Challenge sponsors, including Ms. Christy Trang Lê for one USD5,000 scholarship to attend the Vietnam Executive MBA at the Shidler College of Business of the University of Hawaii, Mr. Nghĩa Vũ for the USD500 cash prize in the social entrepreneurship category, and institutional sponsors The Vietnam Executive MBA at the Shidler College of Business, University of Hawaii, Topica Founder Institute, Toong Co-working Space, UP Coworking Space, and Seattle-based non-government organization Jolkona. She also recognized the many individuals serving as judges and trainers in support of this three-month initiative.
The leaders of the startup semifinalists come from diverse backgrounds: the Green Tea Pork team is a group of high school students from Thai Nguyen Province and the AliceNote team includes seasoned software developers. The vast majority of the teams include young professionals and entrepreneurs working to develop and lead a successful business.
