Vietnam imposes anti-dumping duties on wind towers imported from China
VOV.VN - The Ministry of Industry and Trade (MoIT) has decided to impose anti-dumping duties on a number of wind tower products originating from China following a 15-month investigation.
Earlier in September last year, the MoIT initiated an anti-dumping investigation into wind towers imported from the Chinese market after receiving a number of requests from domestic enterprises.
After 15 months of conducting a probe into the case, the Trade Remedies Authority of Vietnam (TRAV) concluded that this is a field in which local firms can manufacture products at good quality for export to many markets such as the United States, Canada, the UK, Germany, Netherlands, Sweden, Australia, Japan, and the Republic of Korea.
Based on the collected evidence, the TRAV has determined that wind towers imported from a number of Chinese enterprises were dumped and had caused significant damage to the domestic manufacturing industry.
This level of damage has been reflected in such factors as output, market share, sales volume, revenue, and sales profit of the domestic manufacturing industry, all of which endured a fall during the investigation period.
The decision on anti-dumping measures on wind towers imported from China is therefore expected to take effect after 15 days from the date of signing.
