LG Vina asks Hanoi to tax DOP imports America

LG Establishes R&D Subsidiary in Vietnam LG Global LG USA

Classification:Chemical Auxiliary Agent
CAS No.:117-84-0
Other Names:Dioctyl Phthalate DOP
MF:C24H38O4
EINECS No.:201-557-4
Purity:99.5, ≥99.5
Type:Plasticizer, Dioctyl Phthalate
Usage:Coating Auxiliary Agents, Leather Auxiliary Agents, Plastic Auxiliary Agents, Rubber Auxiliary Agents, Plastic Auxiliary Agents, Rubber Auxiliary Agents
MOQ:200kgs
Package:200kgs/battle
Volume Resistivity:570
Item:T/T,L/C

— LG Electronics’ (LG) R&D center in Vietnam has officially become an R&D subsidiary in a move aimed at strengthening LG’s rapidly growing electric vehicle related

Two Vietnamese subsidiaries of South Korea’s LG Electronics have posted a combined post-tax profit of KRW179.31 billion ($133.5 million) in Jan-Sep 2023, down 27.6% year-on-year. Hanoi-based Loc Phat Vietnam

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Status of Tax US-Vietnam Tax Treaty Negotiations

Classification:Chemical Auxiliary Agent, Chemical Auxiliary Agent
cas no 117-84-0
Other Names:Liquid DOP, DOP oil
MF:C6H4(COOC8H17)2
EINECS No.:201-557-4
Purity:99 %
Type:Carbon Black
Usage:Leather Auxiliary Agents, Paper Chemicals, Petroleum Additives, Plastic Auxiliary Agents, Rubber Auxiliary Agents, Textile Auxiliary Agents, Leather Auxiliary Agent,Plastic Auxiliary Agent,
MOQ:200kgs
Package:200kgs/battle
Place of Origin::China
Advantage:Stable

Around 80 countries have tax treaties with Vietnam. The United States is Vietnam’s only major trading partner that does not. We have also asked that the Government of Vietnam not

LG Electronics Vietnam Hai Phong made a post-tax profit of KRW150.3 billion ($109.7 million) on a revenue of KRW5,133.3 billion, down 14.8% but up 14.5% year-on-year,

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Press Release LG Establishes R&D Subsidiary in Vietnam

Classification:Chemical Auxiliary Agent
CAS No.:117-84-0
Other Names:DOP Bis(2-ethylhexyl) phthalate
MF:C6H4(COOC8H17)2
EINECS No.:201-557-4
Purity:99
Type:Oil drilling
Usage:Coating Auxiliary Agents, Electronics Chemicals, Leather Auxiliary Agents, Plastic Auxiliary Agents, Rubber Auxiliary Agents
MOQ:200kgs
Package:200kgs/battle
Shape:Powder
Volume Resistivity:966
Item:T/T,L/C

— LG Electronics’ (LG) R&D center in Vietnam has officially become an R&D subsidiary in a move aimed at strengthening LG’s rapidly growing electric vehicle related

. These changes represent a 50%

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US Imports from Vietnam: A Growing Trade Relationship

Classification:Chemical Auxiliary Agent, Chemical Auxiliary Agent
cas no 117-84-0
Other Names:DOP, Dioctyl phthalate
MF:C6H4(COOC8H17)2
EINECS No.:201-557-4
Purity:99.5%, 99.5%
Type:DOP
Usage:Coating Auxiliary Agents
MOQ::10 Tons
Package:25kg/drum
Payment:T/T
Application:PVC Plasticizer

By comprehending the import tax framework and its implications, businesses and consumers can make informed decisions regarding US imports from Vietnam. Staying abreast

Electronics giant LG’s three factories in Vietnam recorded a total net profit of KRW434.51 billion ($328.5 million) in 2022, down 21% year-on-year. Their total sales reached

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03. Transfer Pricing VIETNAM Withholding Tax TAX

Classification:Chemical Auxiliary Agent
CAS No.:117-84-0
Other Names:Dioctyl Phthalate DOP
MF:C6H4(COOC8H17)2
EINECS No.:201-557-4
Purity:99 %
Type:pvc additive
Usage:Chemical Auxiliary Agent, Leather Auxiliary Agents
MOQ:200kgs
Package:200kgs/battle
Place of Origin::China
Advantage:Stable

Guidance on the new Import-Export modes applied from 01 June 2021 (in accordance with Decision No. 1357/QD-TCHQ dated 18 May 2021 of the GDC) dated 21 May 2021 issued

World Hydrogen Latin America. after Hanoi had already cut the tax on gasoline from Dong 4,000/l to Dong 2,000/l in April, a distribution and sales manager at state-run

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How much money does LG invest in Vietnam?
LG has invested $8.02 billion in Vietnam, with $5 billion disbursed to date. All three of its plants – LG Display, LG Innotek and LG Electronics – are located in Hai Phong city. They generated combined revenues of $13.97 billion in 2023. The South Korean giant also operates R&D centers in Hanoi and Danang, employing over 1,000 staff.
Is LG a good company in Vietnam?
Vietnam is committed to providing reliable electricity supply, a qualified workforce and efficient infrastructure for LG projects, he said. LG has invested $8.02 billion in Vietnam, with $5 billion disbursed to date. All three of its plants – LG Display, LG Innotek and LG Electronics – are located in Hai Phong city.
What will happen if Vietnam's 0% VAT proposal is accepted?
If the Vietnam Federation of Commerce and Industry’s proposed draft is accepted, some industries will lose the 0% tax incentive. For instance, industries tied to software and IT will no longer benefit from the 0% VAT incentive when entering into agreements with foreign companies.
Is LG investing $1 billion in Hai Phong?
Photo courtesy of the government’s news portal. Last June, LG Innotek, the electronic components arm of LG, was licensed to invest an additional $1 billion in its Hai Phong establishment with an existing capacity of 390 million camera modules.
How do import taxes affect the economy in Vietnam?
Import taxes, by their nature, increase the cost of imported goods. The imposition of tariffs on Vietnamese imports can result in higher prices for consumers, limiting their affordability. Import taxes also affect businesses that rely on Vietnamese inputs, potentially leading to increased production costs or reduced profit margins.
Does LG have a double digit share in the IVI market?
The company has now recorded a double-digit share of the IVI market for two years consecutively. LG has continuously strengthened R&D capabilities in Vietnam for automotive parts since it established the Hanoi R&D Center under its Vietnam Production Corporation in 2016.