The Times Australia
News From Asia

.

DOC Uses Production Cost in India as Comparison to Impose High Anti-Dumping Duty on Vietnamese Honey Exported to US

Vietnamese honey exported to the United States is facing a high anti-dumping duty, affecting Vietnamese beekeepers and the raw honey-related food processing industry in some states of the United States.

HANOI, VIETNAM - Media OutReach - 4 April 2022 - On November 17, 2021, the DOC announced a preliminary conclusion that Vietnamese honey was being dumped into the United States with a margin of between 410.93 and 413.99 per cent (Buon Me Thuot Honey JSC - 413.99 per cent, Dak Lak Honey JSC - 410.93 per cent) and imposed a respective temporary tax while the dumping margin of the remaining four countries, Argentina, Brazil, India, and Ukraine, was from 6.24 to 49.44 per cent.

Hi-nh-trang-tra-i-ong-1-.jpg

The livelihoods of 35,000 Vietnamese beekeepers are affected by the DOC's decision to impose anti-dumping duties.

On January 3, 2022, the DOC announced that it would impose a retrospective tax on honey shipments imported from Viet Nam from August 25, 2021. It is expected that the conclusion will be finalised by the DOC in April 2022.

Since the US has not recognized Viet Nam as a market economy, the DOC uses the costs in India as a basis for comparison with Viet Nam's export prices instead of the data provided by Vietnamese enterprises.

The DOC used the weighted average price of inputs imported into India including finished honey from New Zealand, Australia (three times higher than the purchase price of raw honey in Viet Nam), and honey barrels (eight times higher than the actual purchase price in Viet Nam). This does not reflect accurately the reality of honey production in Viet Nam and is the main reason for the high dumping margin of Vietnamese enterprises.

The preliminary conclusion has negatively impacted exporters and the lives of 35,000 Vietnamese beekeepers, mainly in poor economic areas facing difficulties during the pandemic, affecting the ecological balance and crop productivity in the locality.

On the other hand, the US honey producers only meet 25 per cent of domestic demand and cannot supply the US market with the amount of raw honey required for food processing.

Therefore, the application of anti-dumping duties that are too high for Vietnamese honey and will cause damage to the food processing industry and directly affect the interests of US honey consumers.

In the context of supply chains affected by the pandemic and increased gasoline prices, stable honey supply from Viet Nam would contribute to stabilising food prices using raw honey for consumers and ensure the employment of laborers in the food processing industry in some US states such as Indiana, benefiting bilateral trade for the two countries.

Times Magazine

Choosing the Right Legal Aid Lawyer in Sutherland Shire: Key Considerations

Legal aid services play an essential role in ensuring access to justice for all. For people in the Sutherland Shire who may not have the financial means to pay for private legal assistance, legal aid ensures that everyone has access to representa...

Watercolor vs. Oil vs. Digital: Which Medium Fits Your Pet's Personality?

When it comes to immortalizing your pet’s unique personality in art, choosing the right medium is essential. Each artistic medium, whether watercolor, oil, or digital, has distinct qualities that can bring out the spirit of your furry friend in dif...

DIY Is In: How Aussie Parents Are Redefining Birthday Parties

When planning his daughter’s birthday, Rich opted for a DIY approach, inspired by her love for drawing maps and giving clues. Their weekend tradition of hiding treats at home sparked the idea, and with a pirate ship playground already chosen as t...

When Touchscreens Turn Temperamental: What to Do Before You Panic

When your touchscreen starts acting up, ignoring taps, registering phantom touches, or freezing entirely, it can feel like your entire setup is falling apart. Before you rush to replace the device, it’s worth taking a deep breath and exploring what c...

Why Social Media Marketing Matters for Businesses in Australia

Today social media is a big part of daily life. All over Australia people use Facebook, Instagram, TikTok , LinkedIn and Twitter to stay connected, share updates and find new ideas. For businesses this means a great chance to reach new customers and...

Building an AI-First Culture in Your Company

AI isn't just something to think about anymore - it's becoming part of how we live and work, whether we like it or not. At the office, it definitely helps us move faster. But here's the thing: just using tools like ChatGPT or plugging AI into your wo...

The Times Features

What Is the Australian Government First Home Buyers Scheme About?

For many Australians, buying a first home can feel like a daunting task—especially with rising property prices, tight lending rules, and the challenge of saving for a deposit. ...

How artificial intelligence is reshaping the Australian business loan journey

The 2025 backdrop: money is moving differently If you run a small or medium-sized business in Australia, 2025 feels noticeably different. After two years of stubbornly high bo...

Top Features of Energy‑Efficient Air Conditioners for Australian Homes

In recent years, energy efficiency has become more than just a buzzword for Australian households—it’s a necessity. With energy prices rising and climate change driving hotter su...

Long COVID is more than fatigue. Our new study suggests its impact is similar to a stroke or Parkinson’s

When most people think of COVID now, they picture a short illness like a cold – a few days of fever, sore throat or cough before getting better. But for many, the story does...

What Makes Certain Rings or Earrings Timeless Versus Trendy?

Timeless rings and earrings are defined by designs that withstand the test of time, quality craftsmanship, and versatility. Trendy pieces, on the other hand, often stand testimony ...

Italian Street Kitchen: A Nation’s Favourite with Expansion News on Horizon

Successful chef brothers, Enrico and Giulio Marchese, weigh in on their day-to-day at Australian foodie favourite, Italian Street Kitchen - with plans for ‘ambitious expansion’ to ...