On July 5, 2023, the Ministry of Industry and Trade of Vietnam issued Decision No. 1704/QD-BCT regarding the investigation and application of anti-dumping measures on prestressed steel cable products from Malaysia, Thailand, and China.
The investigated products with HS codes 7312.10.91 and 7312.10.99 originated from Malaysia, Thailand, and China, imported into Vietnam. The case number is AD17.
According to the information provided in the investigation request submitted by Hoa Phat Prestressed Concrete Company Limited, representing the domestic manufacturing industry, on August 9, 2022, prestressed steel cable products from Malaysia, Thailand, and China have been and are being sold at dumped prices in the Vietnamese market.
This dumping behavior, according to the domestic manufacturing industry, is the main cause hindering the development of Vietnam’s prestressed steel cable manufacturing industry, thereby restraining the growth of Vietnamese enterprises and the Vietnamese economy, and significantly increasing dependence on investigated product supplies from these countries.
Vietnam is conducting an investigation and applying anti-dumping measures on prestressed steel cable products. After initiating the anti-dumping investigation, the Ministry of Industry and Trade of Vietnam will send questionnaires to relevant parties to collect information, analyze, and evaluate the alleged contents within 15 days as prescribed in Article 35(1) of Decree No. 10/2018/ND-CP.
The recipients of the questionnaires will include:
a) Domestic manufacturers of similar goods;
b) Foreign manufacturers and exporters exporting investigated goods subject to anti-dumping and countervailing measures to Vietnam, as known by the investigating authority;
c) Representatives in Vietnam of the governments of the exporting countries subject to anti-dumping and countervailing measures;
d) Importers of investigated goods subject to anti-dumping and countervailing measures;
e) Other relevant parties.
Organizations and individuals wishing to participate in the case and undergo investigation by the investigating authority to receive preferential tariff rates may register as relevant parties in the case according to the form of the Registration of Relevant Parties issued in Appendix 1 accompanying Circular No. 37/2019/TT-BCT. The deadline for registering as a relevant party is September 29, 2023.
Upon receiving the information, the Ministry of Industry and Trade will conduct an examination and verification of the information provided by the relevant parties before completing the formal investigation conclusion on the case. Additionally, the Ministry of Industry and Trade will organize public consultations for direct exchanges, provision of information, and expression of opinions on the case before reaching the final conclusion.
If necessary, the Ministry of Industry and Trade of Vietnam may apply temporary anti-dumping measures to prevent further significant damage to the domestic manufacturing industry and the Vietnamese economy.
Therefore, the parties involved in the case should contact a reputable law firm specializing in anti-dumping and trade remedy as soon as possible to receive timely assistance.
The document can be downloaded here.