Appropriate and timely trade measures, following Việt Nam''s and World Trade Organization''s (WTO) regulations, will help the domestic steel industry minimise damage caused by unfair competition practices and protect local production, said industry leaders.
Viet Nam’s steel industry will be able to produce enough hot-rolled steel in 2018 to meet local demand. Before, the nation had to import millions of tonnes of hot-rolled steel products every year.
The Viet Nam Competition Authority (VCA) will host a public consultation
meeting on May 5 to collect opinions from agencies and businesses on
the duties imposed on imported steel.
