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On August 14, 2024, the U.S. Department of Commerce announced the initiation of an administrative review of several export products from Vietnam that are subject to anti-dumping/countervailing duties, including:
- Steel Nails: Case Code: A-552-818 (AD), Review Period: 07/01/2023 – 06/30/2024. Case Code: C-552-819 (CVD), Review Period: 01/01/2023 – 12/31/2023.
- Welded Stainless Pressure Pipe: Case Code: A-552-816 (AD); Review Period: 07/01/2023 – 06/30/2024.
- Passenger Vehicles & Light Trucks Tires: Case Code: C-552-829 (CVD); Review Period: 01/01/2023 – 12/31/2023.
According to U.S. law, within 35 days from the date of the announcement (expected on September 18, 2024), the DOC will select the mandatory respondents in these cases based on the export volume of the companies from high to low according to data from U.S. Customs and Border Protection or the Quantity and Value questionnaire responses.
If a company is not listed for investigation, it should actively contact the DOC, register as an interested party, and participate in the review process within 30 days from the announcement of the initiation of the review. Within 90 days from the announcement date, parties may withdraw their review request.
Currently, Vietnam is still considered a non-market economy by the United States; therefore, to be eligible for separate rates, companies must submit an application for a separate rate within 30 days from the announcement of the initiation of the review. If a company does not apply for a separate rate and is not selected as a mandatory respondent, it may be subject to the national rate, which is usually unfavorable for the company.
The DOC is expected to issue its review conclusion by July 31, 2025, at the latest. In the near future, the DOC will require parties to provide information to select countries and values as substitutes for Vietnam (usually Indonesia in such investigations), as well as issue the Quantity and Value questionnaire and the questionnaire for mandatory respondents.
To protect their legitimate rights and interests, relevant companies should contact a reputable law firm specializing in anti-dumping and trade remedy for timely support throughout the investigation process.
For more details on the handling process, companies can contact ASL LAW. ASL LAW is a law firm with expertise in anti-dumping and trade remedy, having successfully protected many companies over the years.
Download the detailed announcement here.
ASL Law is a leading full-service and independent Vietnamese law firm made up of experienced and talented lawyers. ASL Law is ranked as the top tier Law Firm in Vietnam by Legal500, Asia Law, WTR, and Asia Business Law Journal. Based in both Hanoi and Ho Chi Minh City in Vietnam, the firm’s main purpose is to provide the most practical, efficient and lawful advice to its domestic and international clients. If we can be of assistance, please email to [email protected].
ASL LAW is the top-tier Vietnam law firm for Anti-dumping & countervailing. If you need any advice, please contact us for further information or collaboration.
