Vietnam launches anti-dumping investigation into BOPP films
Illustrative photo. (Source: Internet)
Plastic products and Biaxially Oriented Polypropylene (BOPP) films originating from China, Thailand, and Malaysia are subject to the anti-dumping investigation.
This move came after the request and relevant documents sent by the domestic sector on April 26.
Accordingly, the imported plastic products and BOPP films are accused of having been sold at cheap prices in the Vietnamese market, therefore causing considerable damage to the domestic BOPP manufacturing sector.
Following the launch of the enquiry, the Ministry of Industry and Trade (MoIT) plans to query stakeholders in order to collect relevant information and then assess the damage triggered by the alleged dumping.
Based on preliminary results of the investigation, the MoIT is likely to take temporary anti-dumping measures as a way of preventing the dumping of imported plastic products and BOPP films, and any further losses.
The ministry is to verify any information provided by stakeholders and make reference to them before coming to an official conclusion.
Organizations and inpiduals involved in the import, distribution, and sale of plastic products and BOPP films, are encouraged to provide relevant information to the MoIT in a bid to ensure their legitimate rights and interests.
The ministry is likely to consider and launch the application of anti-dumping taxes within a 90-day period prior to the imposition of preliminary anti-dumping taxes.
Local media reported that Hung Nghiep Formosa Ltd Company and Youl Chon Vina Plastic JSC sent petitions and relevant documents to the MoIT’s Trade Remedies Authority of Vietnam in mid-June, aiming to urge the start of an anti-dumping investigation into BOPP films imported from China, Thailand, and Malaysia.
Related News
Wood exports started well
13:26 | 20/04/2024 Import-Export
Leverage to increase the scale of Vietnam - Laos trade turnover
10:51 | 15/04/2024 Import-Export
Vietnam-China trade reaches over US$ 27 billion
09:29 | 10/04/2024 Import-Export
Be objective before requesting anti-dumping investigation on imported HRC steel
15:27 | 09/04/2024 Import-Export
Latest News
Forum seeks to increase PPP investment effectiveness
13:48 | 25/04/2024 Import-Export
Linking businesses with cooperatives to increase the value chain
09:42 | 25/04/2024 Import-Export
Vietnam has a trade deficit of over US$17 billion with China
15:34 | 24/04/2024 Import-Export
Tra fish export to UAE jumps 67% in Q1
13:46 | 24/04/2024 Import-Export
More News
Pepper prices continue increase trend
13:44 | 24/04/2024 Import-Export
More efforts needed to maintain export growth to China: Insiders
13:55 | 23/04/2024 Import-Export
It is expected that there are higher orders and revenue in the second quarter from European businesses
09:31 | 23/04/2024 Import-Export
Vietnamese rice prices on the hike
15:08 | 22/04/2024 Import-Export
FDI flow into garment and textile sector bounces back
15:06 | 22/04/2024 Import-Export
Investors play a key role in developing the industrial park system
10:38 | 22/04/2024 Headlines
Find ways to a corporation for businesses in industrial parks
10:38 | 22/04/2024 Import-Export
Export turnover of two agricultural product groups grows three-digit
18:10 | 21/04/2024 Import-Export
Early warnings reduce risks in trade defense
18:09 | 21/04/2024 Import-Export
Your care
Forum seeks to increase PPP investment effectiveness
13:48 | 25/04/2024 Import-Export
Linking businesses with cooperatives to increase the value chain
09:42 | 25/04/2024 Import-Export
Vietnam has a trade deficit of over US$17 billion with China
15:34 | 24/04/2024 Import-Export
Tra fish export to UAE jumps 67% in Q1
13:46 | 24/04/2024 Import-Export
Pepper prices continue increase trend
13:44 | 24/04/2024 Import-Export