The Vietnam Glass Association has made a request to the government for an increase in the import tax levied on construction glass obtained from the Association of Southeast Asian Nations (ASEAN).
The glass association - known more colloquially as Vieglass - put forward a suggestion to the country's Prime Minister, Nguyen Tan Dung, that the current 5% duty levied on glass imports from the ASEAN member countries be increased to 20% in a bid to stem the high volume of imports entering the country at present.
According to Vieglass, the 5% tax rate on imports has encouraged a major influx of ASEAN-made glass into the Vietnamese market, causing the domestic market to become flooded with cheap foreign imports. As a consequence, production has slowed dramatically.CNC Glass Corner Grinding Polishing Machine,CNC Glass Corner Grinding Machine,CNC Glass Corner Polishing Machine, Glass Corner Grinding Polishing Machine, Glass Corner Grinding Machine, Glass Corner Polishing Machine.
Vietnamese factories have a capacity for 100 million square metres of glass per year but it is believed that a stockpile of about 30 million square metres of glass has built up in the country. It is hoped that a sizeable increase to the import tax on glass will stem the flow of cheap imports.
Jinan Saint Best Machinery Co., Ltd is located in a beautiful city —-Jinan City, Shandong Province, China.
Jinan Saint Best Machinery Co., Ltd is Professional MANUFACTURER&EXPORTER for Insulating Glass Machine, CNC Glass Corner Grinding Machine, CNC Glass Drilling Machine, Insulating Glass Sealing Spacer, Low-e Glass Edge Deleting Machine, Tempering Furance Ceramic Rollers Automatic Cleaning Robot,Alu Spacer Bar Bending Machine, Desiccant Automatic Filling Machine, Glass Straight Line Edging Machine, Glass Straight Line Beveling Machine, Aluminum Window Machine, uPVC Window Machine, PVC Window machinery for more than 10 years, keep working on solutions for glass processing, window&door processing. Not only making a machine to reach the requirements from customers but also looking for a way to provide you the most economical, the best quality equipment and service.