Vietnamese export items facing anti-dumping investigations overseas
Vietnamese export items facing anti-dumping investigations overseas
Vietnamese export items are confronted by anti-dumping investigations abroad following official announcements from authorities there.
While Canadian officials have announced they will carry out an anti-dumping re-investigation into oil steel pipes imported from Vietnam, Turkish authorities said they would do so soon following a petition of Turkish polyester yarn producers.
The launch of those anti-dumping probes signals that Vietnamese exporters will continue to be challenged with more trade barriers when Vietnam’s economy integrates further in the world’s, local experts said.
Second encounter
The Vietnam Competition Authority under the Ministry of Industry and Trade on Tuesday said the Canada Border Services Agency (CBSA) will undertake an investigation into Vietnamese-made oil country tubular goods (OCTG) to reinforce the findings of another probe authorities released on April 2.
Oil country tubular goods are pipe and tube products used in the petroleum industry.
The CBSA said the normal values established during the re-investigation, which is scheduled to be concluded by the end of September, will be effective for related anti-dumping cases in the future.
This will be the second anti-dumping investigation into oil steel pipes imported from Vietnam.
In July last year, the CBSA initiated a similar probe, which was the first of its kind in the North American country, into steel pipes imported from eight foreign countries, including Vietnam, following complaints by Canadian firms Tenaris Canada (in Calgary, Alberta) and Evraz North America Inc. (in Regina, Saskatchewan).
Another investigation into anti-subsidy was also launched by the Canadian authorities at the same time.
One month later, the CBSA announced that the estimated dumping margin for Vietnam amounted to 28.6 percent, the highest among the rates from 4.9 percent to 18.3 percent applied to Taiwan, India, Indonesia, the Philippines, South Korea , Thailand, Turkey, and Ukraine.
Regarding allegations of anti-subsidy, the CBSA said Vietnam had eighteen programs considered as subsidies with an estimated amount of subsidy of 19 percent, the highest rate among the eight countries, with rates ranging from three percent to 12.1 percent.
In December, the Canadian authorities slapped anti-dumping and anti-subsidy taxes of 53 percent and 19 percent on Vietnamese products.
Prior to the CBSA move, on July 11, the U.S. Department of Commerce (DOC) announced its final decision confirming dumping margins for OCTG imports from Vietnam, India, South Korea, the Philippines, Saudi Arabia, Taiwan, Turkey, and Ukraine, as well as steel pipes made in India and Turkey.
As a result, the DOC imposed an anti-dumping duty of 24.22 percent on steel firm SeAH Steel Vina Corporation, and 111.47 percent on Hot Rolling Pipe and other steel exporters in Vietnam as they had refused to fill in the DOC’s questionnaire.
The rate levied on Hot Rolling Pipe and other companies in Vietnam was the highest anti-dumping margin claimed by petitioners, according to the VCA.
Third time is not lucky
The VCA on Monday also announced that Turkish authorities would start a similar investigation into polyester yarn imported from Vietnam.
The Turkish authorities said that they have received complaints from domestic manufacturers and considered that they had enough evidence to launch the investigation for a future lawsuit, the VCA said.
Vietnamese polyester yarn exports to Turkey are around US$120 million per year, just behind China and India.
This will be the fifth anti-dumping lawsuit against Vietnamese export goods and the third anti-dumping lawsuit against Vietnamese yarn, according to the VCA.
Vietnamese yarn has been subject to anti-dumping taxes when exporting to Turkey following the result of two anti-dumping lawsuits against the item in 2008 and 2012.
