According to the Trade Remedies Authority of Vietnam (TRAV), the MoIT issued Decision No. 1327/QD-BCT to extend the deadline for issuing a decision to investigate the case file and associated information on June 5.
The extension is for a further thirty days and should be sufficient for the submission of a ruling following an investigation into implementing anti-dumping regulations for imported prestressed steel cable products by July 5.
Article 70, clause 2, of the Law on Foreign Trade Management states, "Within 45 days of the date of notification of valid dossiers, based on the recommendations of the investigating bodies. The MoIT Minister decides whether to conduct an investigation or not. In exceptional circumstances, the decision-making period may be extended once for no more than 30 days."
TRAV obtained a dossier from an enterprise representing the domestic manufacturing industry on April 7 requesting an investigation into the application of anti-dumping measures on high-export-value prestressed steel cable products from Malaysia, Thailand, and China. On April 20, TRAV issued Official Letter No. 29/TB-PVTM, validating the dossier's completeness and legality in accordance with the Law on Foreign Trade Management.
Steelmakers deny advantage from anti-dumping fix South Korean group Posco VST, which owns the biggest cold rolling steel plant in Vietnam, is likely to gain benefits from anti-dumping measures on some cold-rolled stainless steel products – however, both the company and the Ministry of Industry and Trade have denied a monopolitic stance in the market. |
MoIT stops anti-dumping duties on galvanised steel from South Korea and China The Ministry of Industry and Trade has just issued Decision No 924/QD-BCT on terminating the application of anti-dumping measures to several galvanised steel products originating from South Korea and China. |
Vietnam upholds antidumping tariff on Chinese steel imports Chinese cold-rolled steel products are subjected to anti-dumping tax rates ranging between 4.42 and 25.22 per cent, depending on the exporter. |
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