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Official: US tax on Vietnamese honey products too high

Vietnam’s honey products are different from those produced in the US so they do not cause damage to the US’s apiculture sector, Deputy Director of the Ministry of Industry and Trade’s Trade Remedies Authority of Vietnam Pham Chau Giang said at the Vietnam – US Trade Forum 2021 which was held both online and offline on December 7.
Official: US tax on Vietnamese honey products too high ảnh 1Some honey products made in Ha Giang province (Photo: VNA)

Hanoi (VNA) – Vietnam’s honey products are differentfrom those produced in the US so they do not cause damage to the US’sapiculture sector, Deputy Director of the Ministry of Industry and Trade’sTrade Remedies Authority of Vietnam Pham Chau Giang said at the Vietnam – US Trade Forum 2021 whichwas held both online and offline on December 7. 

𝐆 Giang expressed her hope that via the dialogue, the US willconsider the fair use of data to promote trade between Vietnam and the US. The forum was held by the Vietnamese Ministry of Industry and Trade, the American Chamber of Commerce in Hanoi and the US – ASEAN Business Council.

Recently, the US Department of Commerce (DOC) announced a preliminaryanti-dumping tax of 412.49 percent on honey products imported from Vietnam, doublingthe rate of 207 percent initially proposed by the American Honey Producers’Association.

🃏 Honey from four other countries, including Brazil, India, Ukraine andArgentina, are also subject to the tax. However, Vietnamese honey productssuffer the highest rate.

Giang said it is the first time the Vietnamese farm produce sectorhas been subject to such a high tax rate, though Vietnamese beekeepers have provided sufficient information for relevant US agencies. She added that the DOC useddata in a biased and unfair manner for Vietnamese enterprises. Chairman of the Vietnam Beekeepers’ Association Dinh Quyet Tamsaid with such a high tax rate, no one will be able to export honey products to the USas it will cause loss, affecting the entire Vietnamese beekeeping community. He called on the USGovernment and the DOC would reconsider the decision as between now and April8, 2022, the DOC will continue collecting feedback from stakeholders and issuethe final decision./. 
VNA

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