Vietnam - Safeguard measures on Vegetable oils (SG02)

30/11/2012 12:00 - 2730 Views

This is a safeguard investigation initiated by the Ministry of Industry and Trade of Vietnam on December 26, 2012 based on the petition filed by Vietnam Vegetable Oils Industry Corporation (Vocarimex) on November 30, 2012.

 

I. Relevant information:

1. Initiation date: December 26, 2012

 

2. Products in investigation: Refined soya-bean oils, refined stearin oils, and refined olein oils under the HS Code: 1507.90.90; 1511.90.91; 1511.90.92; 1511.90.99. 

 

3. Investigation period: From January 01, 2012 to December 31, 2012

 

4. Petitioner: Vietnam Vegetable Oils Industry Corporation - One Member Limited Company (Vocarimex)



5. Provisional Safeguard Measures:

On April 22nd 2013, the Ministry of Industry and Trade of Vietnam issued a decision to impose provisional safeguard measures to the imports of vegetable oils. Accordingly, an additional five percent import tariff would be imposed to the investigated goods in a time period of 200 days.
 

On June 25th 2015, the Vietnam Competition Authority of the Ministry of Industry and Trade of Vietnam announced to extend the investigation time to two months before reaching the final decision.



6. Official Safeguard Measures: 

On August 23rd 2013, the Minister of Industry and Trade issued the Decision No. 5987/QD-BCT imposing the final safeguard measures on vegetable oils imported from different countries/ territories, which in particular includes the refined soya-bean oils, refined stearin oils, refined olein oils under the HS Code: 1507.90.90; 1511.90.91; 1511.90.92; 1511.90.99.

Such Decision comes into force on September 7th 2013 and replaces the Decision No. 2564/QD-BCT dated April 22nd 2013 on imposing the provisional safeguard measures.


Final safeguard tariffs are applied according to the schedule in the below table:

Effective date Tariff rate
07/05/2013 - 06/05/2014 5%
07/05/2014 - 06/05/2015  4%
07/05/2015 - 06/05/2016 3%
07/05/2016 - 06/05/2017 2%

 

7. Mid-term review:

On August 10, 2015, the Minister of Industry and Trade issued Decision No. 8287/QD-BCT announcing the results of the mid-term review of the imposition of a safeguard tax on refined vegetable oils imported into Vietnam.

 

According to Decision 8287/QD-BCT, the safeguard tax rate for refined vegetable oil products from May 8, 2016 will be applied according to the following period:

Effective date Tariff rate
08/05/2016 – 09/05/2017 2%
From 08/05/2017 on

0%

(if not extended)

 

II. Case calendar:

Date (D/M/Y)

Events

26/12/2012

Investigation initiation 
22/04/2013 Decision No. 2564/QĐ-BCT on provisional safeguard measures
23/08/2013 Decision No. 5987/QĐ-BCT on official safeguard measures
10/08/2015 Decision No. 8287/QĐ-BCT on the result of the mid-term review, continuing to apply the safeguard measures

 

The case documents (in Vietnamese) are attached below:

Tải tài liệu
1. Decision No. 7968/QĐ-BCT - Investigation initiation
2. Investigation initiation notice
3. Questionaire for importers
4. Questionaire for domestic manufacturers
5. Application form for relevant parties
6. Decision No. 2564/QĐ-BCT - Provisional safeguard measures
7. Final report
8. Decision No. 5987/QĐ-BCT - Official safeguard measures
9. Official safeguard measures application notice
10. Decision No. 8287/QĐ-BCT - Mid-term review result
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