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On June 10, 2024, Vietnam issued the results of the new exporter review in the anti-circumvention investigation concerning sugar products.
On August 1, 2022, the Ministry of Industry and Trade of Vietnam (MOIT) issued Decision No. 1514/QĐ-BCT, implementing anti-circumvention measures on certain sugar products imported from Cambodia, Indonesia, Laos, Malaysia, and Myanmar.
The MOIT initiated the new exporter review in December 2023, following a request submitted by Kampong Speu Sugar Co., Ltd. (Cambodia) in November 2023.
Specifically, on December 11, 2023, the MOIT issued Decision No. 3180/QĐ-BCT to review the new exporter in the anti-circumvention investigation concerning certain sugar products (Case Code: NR02.AC02.AD13-AS01).
On March 11, 2024, the MOIT issued Decision No. 494/QĐ-BCT to extend the review period for the new exporter in the anti-circumvention investigation concerning certain sugar products. This decision was made under Articles 82 and 90 of the Law on Foreign Trade Management No. 05/2017/QH14.
Accordingly, the review period for the new exporters in this investigation was extended by three months, until June 11, 2024.
On June 10, 2024, the MOIT issued Decision No. 1407/QĐ-BCT on the results of the new exporter review in the anti-circumvention investigation concerning certain sugar products.
In the coming period, the MOIT will continue to coordinate with the General Department of Customs and other relevant agencies to monitor the import situation of sugar products and the impact of trade defense measures.
Exporting companies involved in this investigation should contact Vietnamese law firms specializing in anti-dumping and trade remedy for timely support.
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