Philippine's Dept. of Trade to conduct review on Vietnamese imported testliner; Vietnam says current 4% tariff rate could fall to zero if review finds no negative impact to Philippines' testliner sector

Kendall Sinclair

Kendall Sinclair

LOS ANGELES , October 25, 2011 () – The Philippines’ Dept. of Trade announced plans to review testliner imports from Vietnam between June 2010 and June 2011 to potentially adjust the current 4% tariff rate, reported the Tuoitrenews on Oct. 17.

Vietnam’s Ministry of Industry and Trade’s Competition Management Agency said if the 4% tariff would be reduced to zero if the review showed the import no longer had a negative effect on the local testliner market.

The Philippine’s Dept. of Trade initiated the tariff after a 2010 review, when Vietnamese testliner was concluded to exceed the 3% market share limit to reach 4.9% of the Philippines’ testliner market share in the first half of 2010. In the 2004-2008 period, the Vietnamese market share for testliner fell below 1%.

The primary source of this article is the Tuoitrenews, Ho Chi Minh City, Vietnam, on Oct. 17, 2011.

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

Share:

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.