Vietnam to its domestic and imported steel casting products began to impose a 10 percent import duty, resisted foreign products vigorously to their domestic dumping the other hand, is a vigorous defender of its domestic iron and steel foundry industry.
According to industry analysts, under the premise of the development of the world's iron and steel foundry industry downturn, governments are struggling to resist the foreign imports of steel casting products, in order to protect the normal development of the local casting companies, Governments have taken to increase the tax rate way to reduce the imports of iron and steel casting products, thinking that the development of its domestic iron and steel foundry industry to strive for greater development space, let it smoothly through the development of the storm.