Question: We are a steel company in Taiwan and looking to set up a subsidiary company in Vietnam.
Our idea is to export raw materials from Taiwan to Vietnam, process and package in Vietnam then re-export to other countries.
In this regard, I would like to know:
- Whether import duty will apply to the raw materials imported into Vietnam (which will later be re-export);
- Whether anti-dumping duty will apply to the raw materials imported to Vietnam (because Vietnam has anti-dumping duty against steel from Taiwan);
- After processing and packaging, whether the goods will quality as Vietnam origin (as we need to obtain general certificate of origin of Vietnam but not FTA certificate of origin)
- Whether the company will need to be set up in a non-tariff zone or can be in an Industrial Zone
We will appreciate if you can provide answer to the above questions to enable us to make the investment decision.
Thank you and look forward to hearing from you soon.
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