Update news CAD
VietNamNet Bridge - The Competition Law was passed 13 years ago, but the number of times the law has been cited to fight against monopoly and collusion has been very modest.
VietNamNet Bridge - Following Thai, Japanese and South Korean retailers flocking to Vietnam, Chinese investors are now jumping into the market.
VietNamNet Bridge - Vietnamese steel manufacturers oppose the possible imposition of safeguard measures against ingot steel imports, saying that higher taxes will increase prices.
VietNamNet Bridge - Many imported products and services are sold in the domestic market at incredibly low prices. However, Vietnamese businesses are reluctant to file anti-dumping lawsuits.
The Malaysian Ministry of International Trade and Industry (MITI) has started an anti-dumping investigation on Vietnamese exports of alloy and non-alloy cold-rolled steel coils with the thickness of 0.2-2.6 mm and width of 700-1,300 mm.
VietNamNet Bridge - The Competition Administration Department (CAD) has been put under the management of the Ministry of Industry and Trade (MOIT), which has many large state-owned enterprises.
The enterprises which make products from stainless steel, have been put on tenterhooks when hearing about petition for the anti-dumping measures.
Vietnamese Hoa Sen Group has sent a letter to competent agencies, expressing its anxiety that Bluescope Steel group in South East Asia intends to acquire and monopolize the market, according to Dau tu.