Tiếng Việt
中文 (中国)
日本語
On July 26, 2024, the Ministry of Industry and Trade of Vietnam issued Decision No. 1985/QĐ-BCT regarding the investigation of anti-dumping measures on certain hot-rolled steel products from India and China.
On March 19, 2024, the Trade Remedies Authority received a request to investigate the application of anti-dumping measures on hot-rolled steel products originating from China and India from several steel producers in Vietnam.
In early April 2024, the Anti-Dumping and Subsidy Investigation Department – Trade Remedies Authority issued an official notice requesting the steel companies to provide additional information related to the case to establish a basis for initiating the investigation.
On April 26, 2024, the requesting party submitted additional information and documents as per the investigation agency’s notice. By May 13, 2024, the Trade Remedies Authority issued a notice requesting the party to provide further information for the second time.
On May 31, 2024, the requesting party submitted the requested additional and completed information and documents.
On June 14, 2024, the Trade Remedies Authority of Vietnam issued a notice confirming that the investigation request for anti-dumping measures on hot-rolled steel from India and China was complete and compliant with the trade remedies regulations.
The investigation decision was issued after the investigation agency consulted with relevant agencies and units. In addition to information provided by these agencies and units, the investigation agency also received feedback from several steel producers of coated steel and steel pipes using hot-rolled steel as raw material.
All information that has been or will be collected by the investigation agency will be reviewed to reach a final conclusion. The Trade Remedies Authority has determined that the data collection period for evaluating dumping behavior is from July 1, 2023, to June 30, 2024, while the data collection period for assessing damage to the domestic industry is three years, from July 1, 2021, to June 30, 2024.
In the upcoming period, the investigation agency will send questionnaires to relevant parties to collect detailed information needed to determine the extent of dumping, the damage to the domestic hot-rolled steel industry, and the causal relationship between dumping behavior and the damage to the domestic industry.
According to the Foreign Trade Management Law, the investigation will conclude within 12 months from the date of the investigation decision. In special cases, this period may be extended, but the total investigation time cannot exceed 18 months.
To protect their interests, exporting producers of the related products should contact a reputable law firm specializing in anti-dumping and trade remedies to receive timely support throughout the investigation process. As the top tier law firm in antidumping and trade remedies in Vietnam, ASL LAW has helped many enterprises in the related cases. You can contact ASL LAW for further information or by the way, you can find The decision 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.
