Vietnam sued trade defense not equal 1/10 be sued

VCN- Until now, Vietnam's exports have been initiated trade defense investigations in over 160 cases. Whilethe total number of cases Vietnam actively initiated a trade defense investigation with imported goods wasonly 16.
vietnam sued trade defense not equal 110 be sued Ministry of Finance sets up inspection team for bribery case of Tenma Vietnam on May 25
vietnam sued trade defense not equal 110 be sued Hasten progress of handling backlogged goods as scrap at seaports
vietnam sued trade defense not equal 110 be sued Vietnamese businesses strive to overcome barriers upon joining EVFTA
vietnam sued trade defense not equal 110 be sued
Steel is a typical commodity that often faces trade defense cases. Photo: Phan Tram

According to the Ministry of Industry and Trade, the trend of increasing investigations and applications of trade protection measures has not decreased. In the first quarter of 2020, the number of cases initiating trade defense investigations increased compared to the same period in 2019.

Specifically, Vietnam has recorded two cases of initiating new investigations, two cases receiving applications but has not initiated investigations (while in the same period of 2019, only one case was investigated).

Previously, in 2019, the Ministry of Industry and Trade received and handled 165 foreign trade defense cases applied to Vietnam, including 93 anti-dumping cases, 18 anti-subsidy cases, 21 cases of tax evasion, as well as 33 cases of self-defense.

The cases that initiated investigations into Vietnamese exports came from 19 countries and territories. Among them, the countries initiating the most investigation are the United States, Turkey, India and the EU.

The Ministry of Industry and Trade said that Vietnam's trade defense legislation has been enacted15 years ago, before Vietnam officially joined the World Trade Organization (WTO).

However, in the last five years, Vietnam has been truly proactive in using the legal instrument allowed by the WTO and Free Trade Agreements (FTA). Particularly, since 2013, the Ministry of Industry and Trade has initiated investigations of 16 trade defense cases; in which are 10 anti-dumping investigations and six safeguard investigations.

Thereby, the Ministry of Industry and Trade has decided to apply 13 trade remedies on imported goods. Commodities are subject to the measures of steel, fertilizer, plastic, textile and foodstuffs. These are mostly commodities that play an important role and are the backbone in the economy of each country.

According to the Ministry of Industry and Trade, there are many problems in dealing with Vietnamese goods being sued for trade remedies.

Typically, data collection and understanding of the current state of the domestic manufacturing industry in service of trade remedies are still difficult due to limited information and the coordination of many stakeholders. In addition, there aren’t enough trade defense survey officers, most of them are young and their experience is limited.

Recently, due to the complicated situation of the Covid-19 pandemic, the process of investigating cases (such as on-the-spot inspection of enterprises) has affected the progress.

Talking to the Customs Newspaper reporter, Mr. Le Trieu Dung, Director of the Department of Trade Defense (Ministry of Industry and Trade), said that in the context of increasing protectionism, to minimize the possibility of applying trade remedies needs a long-term, comprehensive strategy for developing production chains and increasing value for Vietnam's exports.

Besides, even if Vietnam develops its production chain (for example insteel and aluminum), if Vietnam's exports increase rapidly and suddenly, outside of evasive measures, not eliminating the possibility that the importing country will conduct anti-dumping and subsidy investigations with Vietnamese products as previously done with some other countries.

“Therefore, in addition to focusing on in-depth development (increasing domestic added value), Vietnam also needs to closely monitor for early warnings if our exports into some markets increase rapidly. It is necessary to have a close cooperation between the Ministry of Industry and Trade and concerned ministries and branches, especially the General Department of Customs (Ministry of Finance),” Mr. Dung said.

The Ministry of Industry and Trade acknowledges that in the future, it is necessary to have a more effective coordination mechanism among the concerned agencies in the investigation process such as developing and connecting the updated data system of import and export situation between the Ministry Industry and Trade and General Department of Customs (Ministry of Finance); monitoring changes in price and import volume of some key products.

vietnam sued trade defense not equal 110 be sued Vietnam, Canada work to optimise benefits of CPTPP

Minister of Industry and Trade Tran Tuan Anh has suggested agencies in Vietnam and Canada to devise ...

At the same time, maintain regular contact between state management agencies and industry associations. It is necessary to strengthen the capacity of enumerators and supplement human resources to ensure the effectiveness of the investigation.

By Thanh Nguyen/ Phuong Thao

Related News

Vietnam and UAE trade sees billion-dollar growth

Vietnam and UAE trade sees billion-dollar growth

VCN - According to General Department of Vietnam Customs by the end of September 2024, bilateral trade between Vietnam and the United Arab Emirates (UAE) reached nearly US$5 billion, an increase of more than US$1.4 billion over the same period last year.
Vietnam

Vietnam's daily import expenditure surpasses VND25,000 billion

VCN - From the beginning of the year to mid-October, on average, Vietnam spent more than USUS$1 billion (equivalent to more than VND25,000 billion) each day importing goods.
Trade Defense: The Key to Success for Vietnamese Businesses

Trade Defense: The Key to Success for Vietnamese Businesses

VCN - From losses and near bankruptcy, many domestic enterprises have recovered thanks to timely application of trade defense measures. Trade defense is also an effective shield for Vietnamese enterprises against a series of lawsuits from importing countries, thereby maintaining advantages and developing on "away grounds".
Vietnam - UAE trade grows to billions of dollars

Vietnam - UAE trade grows to billions of dollars

VCN - Updated by the General Department of Customs by the end of September 2024, bilateral trade between Vietnam and the United Arab Emirates (UAE) sees a year-on-year increase of more than US$1.4 billion to nearly US$5 billion

Latest News

Import and export are expected to reach 800 billion USD

Import and export are expected to reach 800 billion USD

VCN - Although the import and export turnover of goods slowed down in September 2024, in general, import and export activities, especially exports, still grew positively in the first 9 months of 2024. It is expected that import and export of goods in 2024 will reach a record of 800 billion USD.
Fresh coconuts quenching new overseas markets

Fresh coconuts quenching new overseas markets

Vietnam’s fresh coconuts are being increasingly consumed in international markets such as the US, China, and the UK, highlighting a bright spot in Vietnam's fruit export sector with many opportunities for breakthroughs in the near future.
Rice exports likely to set new record in 2024

Rice exports likely to set new record in 2024

Vietnam sold 800,000 tonnes of rice overseas for 505 million USD in October, bringing the country's total export volume and value in the first ten months to nearly 7.8 million tonnes and 4.86 billion USD, up 10.2% and 23.4% year-on-year, respectively.
Vietnamese goods conquer halal market through trust and quality

Vietnamese goods conquer halal market through trust and quality

VCN - According to the Ministry of Agriculture and Rural Development, Vietnam's capacity to export over 50 billion USD worth of agricultural products annually, coupled with established supply chains, provides a significant advantage for Vietnamese agricultural and aquatic products to penetrate the Halal market.

More News

Exporters urged to have strategies to take advantage of UKVFTA for expansion

Exporters urged to have strategies to take advantage of UKVFTA for expansion

The UK is concerned by sustainable development, labour issues, environmental protection and social responsibility. Therefore, when exporting to the UK, enterprises should not just be concerned about being competitive in terms of price and quality.
Fresh coconuts quenching new overseas markets

Fresh coconuts quenching new overseas markets

Vietnam’s fresh coconuts are being increasingly consumed in international markets such as the US, China, and the UK, highlighting a bright spot in Vietnam's fruit export sector with many opportunities for breakthroughs in the near future.
Sharing responsibility for ensuring security and safety of the supply chain

Sharing responsibility for ensuring security and safety of the supply chain

VCN – Post - clearance audit is carried out in a planned, focused and key manner, avoiding widespread and ineffective inspections, thereby creating convenience for the business community and improving the effectiveness of state management of customs.
Many factors affecting tuna exports in the last months of the year

Many factors affecting tuna exports in the last months of the year

VCN - Tensions between Israel and Iran escalate, tuna businesses are worried, they may have to stop export orders to the Israeli market in the last months of the year.
Vietnam still dominates Philippine rice import

Vietnam still dominates Philippine rice import

Vietnam continues to assert its dominance as the top rice exporter to the Philippines, with 2.91 million tonnes shipped as of the late October, or over 79% of the Philippines' total rice imports, according to the Vietnam Trade Office in the Philippines.
Vietnam cements ties with partners to engage in global semiconductor, AI industries

Vietnam cements ties with partners to engage in global semiconductor, AI industries

By boosting cooperation with reputable partners across the globe, Vietnam is taking steps to gain a foothold in the world’s semiconductor and artificial intelligence (AI) industries.
Aquatic exports expected to rise in year-end despite challenges

Aquatic exports expected to rise in year-end despite challenges

Aquatic exports is expected to surge in the remaining months of this year, as the year-end festive season comes, despite many challenges in the international markets, according to insiders.
Lao Cai Customs sees a triple-digit surge in export-import turnover

Lao Cai Customs sees a triple-digit surge in export-import turnover

VCN - Updated from the beginning of the year to October 24, total import and export turnover through Lao Cai Customs Department increased by 102%.
Coconut is expected to become a billion-dollar export item

Coconut is expected to become a billion-dollar export item

VCN - Talking to the press at the ceremony to launch the first train carrying fresh coconuts to China, Mr. Luu Van Phi, Director of the Department of Industry and Trade of Tien Giang province, said that Vietnam's agricultural export potential, especially fresh coconuts, is expanding with the appearance of international railway transportation from Song Than station.
Read More

Your care

Latest Most read
Import and export are expected to reach 800 billion USD

Import and export are expected to reach 800 billion USD

VCN - At the regular Government meeting in September 2024, Minister of Industry and Trade Nguyen Hong Dien assessed: import and export continued to be a bright spot, recording a positive recovery compared to the same period last year.
Fresh coconuts quenching new overseas markets

Fresh coconuts quenching new overseas markets

Vietnam’s fresh coconuts are being increasingly consumed in international markets such as the US, China, and the UK, highlighting a bright spot in Vietnam's fruit export sector with many opportunities for breakthroughs in the near future.
Rice exports likely to set new record in 2024

Rice exports likely to set new record in 2024

Vietnam sold 800,000 tonnes of rice overseas for 505 million USD in October, bringing the country's total export volume and value in the first ten months to nearly 7.8 million tonnes and 4.86 billion USD, up 10.2% and 23.4% year-on-year, respectively.
Vietnamese goods conquer halal market through trust and quality

Vietnamese goods conquer halal market through trust and quality

According to the Ministry of Agriculture and Rural Development, Vietnamese agricultural and aquatic products could penetrate the Halal market.
Exporters urged to have strategies to take advantage of UKVFTA for expansion

Exporters urged to have strategies to take advantage of UKVFTA for expansion

The UK is concerned by sustainable development, labour issues, environmental protection and social responsibility. Therefore, when exporting to the UK, enterprises should not just be concerned about being competitive in terms of price and quality.
Mobile Version