Vietnam investigates anti-dumping on imported plastic products
The Ministry of Industry and Trade (MoIT) has issued Decision No.2334/QD-BCT on launching anti-dumping investigation on Biaxial Oriented Polypropylene (BOPP) film originating from China, Thailand and Malaysia.
The Ministry of Industry and Trade has launched anti-dumping investigation on Biaxial Oriented Polypropylene (BOPP) imported from China, Thailand and Malaysia.(Photo: nld.com.vn)
Hanoi (VNA) – The Ministry of Industry and Trade (MoIT) has issuedDecision No.2334/QD-BCT on launching anti-dumping investigation on BiaxialOriented Polypropylene (BOPP) film originating from China, Thailand andMalaysia.
The investigation was initiated based on requests of domestic producers onApril 26. In their petitions, Hung Nghiep Formosa Ltd Company and Youl ChonVina Plastic JSC said BOPP film products imported from the three countries weredumped in the Vietnamese market, causing significant damage to Vietnam’s BOPPfilm production industry.
After initiating the investigation, the ministry will send questionnaires torelated parties to collect information so as to analyse and evaluate thesituation. Ifnecessary, based on preliminary investigations, the MoIT may apply temporaryanti-dumping measures to prevent significant damage to the industry.
The ministry will organise a public consultation so that competent parties havechance to discuss, provide information, and have a voice in the issue beforegiving out final conclusion.
The ministry may apply anti-dumping duties retroactive for goods subject to taxwithin 90 days prior to the application of temporary anti-dumping duties.
The ministry recommendsthat organisations and individuals during the process of signing importcontracts or involved in distribution, business and use of investigatedgoods should be aware of the possibility of temporary anti-dumping taxesand retroactive anti-dumping duties.
Earlier, MoIT also announced temporary anti-dumping duties on aluminumproducts originating from China and some wood fiber products and otherwood-based materials originating from Thailand and Malaysia. - VNA
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The Ministry of Industry and Trade’s Trade Remedies Authority of Vietnam has received petitions from Hung Nghiep Formosa Ltd Company and Youl Chon Vina Plastic JSC which request an anti-dumping investigation on Biaxial Oriented Polypropylene (BOPP) film originating from China, Thailand and Malaysia.
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