Vietnam imposes temporary anti-dumping duties on Chinese products

The Ministry of Industry and Trade (MoIT) has announced temporary anti-dumping duties on aluminum products originating from 17 Chinese producers.

Vietnam imposes temporary anti-dumping duties on Chinese products
The temporary anti-dumping duties will be imposed on some aluminum products originating from 17 Chinese producers (Photo: tbck.vn)

The products include alloy or non-alloy products produced in bars, rods and shapes that have been extruded, regardless of whether the surface is treated or if the products have been further processed in Vietnam.

The products are used to make aluminum doors, wattle walls, storage cabinets and interior and exterior decorations, as well as construction. In addition, they are also used to make industrial machines and structures.

The lowest anti-dumping rate is 2.46 percent while the highest is 35.58 percent. The measures will take effect from June 5.

MoIT said it conducted a five-month investigation into aluminum imports from China according to regulations from the World Trade Organisation and Foreign Trade Management Law, as well as losses to domestic manufacturers.

The investigation found the local aluminium sector suffered seriously losses as Chinese aluminium products were being dumped on the market. Many domestic producers had been forced to halt production and a large number of labourers had lost their jobs.

At the end of 2018, Austdoor, Song Hong Aluminium, Tung Yang and MienHua, which hold a combined 31.54 percent of domestic output, filed complaints.

 

The Law on Foreign Trade Management stipulates that the MoIT could apply anti-dumping duties retrospectively on imported products that caused possible significant losses or serious injury to the domestic industry.

The ministry said the temporary anti-dumping duties would help reduce pressure on local producers and prevent “hidden” goods flowing through Vietnam.

The ministry would continue to work with relevant parties, reviewing figures and organising a public consultation. In addition, it would provide an overall assessment on the case to related parties including consumers. The investigation is expected to finish this year.

The ministry warned organisations and individuals to consider the possibility of anti-dumping duties when signing import, distribution and business contracts as well as using the investigated goods. Last year, the amount of imported aluminum extruded bars from China to Vietnam reached 62,000 tonnes, double that of 2017.

The figure excluded a large amount of imports to processing zones. Imports from other countries fell to 5,000 tonnes in 2018.- VNS

Vietnam’s digital printing plates subject to India’s anti-dumping probe

Vietnam’s digital printing plates subject to India’s anti-dumping probe

Vietnam is among several countries and territories affected by India’s new anti-dumping probe against digital printing plates, said the Vietnamese Ministry of Industry and Trade (MoIT).  

Malaysia revises anti-dumping duties on cold rolled steel from Vietnam

Malaysia revises anti-dumping duties on cold rolled steel from Vietnam

Malaysia's Ministry of International Trade and Industry has revised anti-dumping duties imposed on imports of cold rolled coils of alloy and non-alloy steel originating or exported from China, the Republic of Korea and Vietnam.  

Anti-dumping duty investigation launched on imported fiberboards from Thailand, Malaysia

Anti-dumping duty investigation launched on imported fiberboards from Thailand, Malaysia

The Vietnamese Ministry of Industry and Trade (MoIT) has launched an anti-dumping investigation into industrial medium density fibreboard (MDF) imported from Thailand and Malaysia.  

 
 
 
 
 
Leave your comment on an article

OR QUICK LOGIN