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On May 03rd, 2019, the Trade Remedies Authority – Ministry of Industry and Trade received a dossier requesting investigation and imposition of anti-dumping measures for some cold-rolled (cold-pressed) steels under plate and coil form which are alloy or non-alloy steel products rolled flat into plate or coil. The requesters being representative of domestic manufacturing industry include: (1) Posco Vietnam Co., LTD; (2) China Steel Sumikin Vietnam Joint Stock Company; and (3) Vnsteel – Phu My Flat Steel Company Limited, a subsidiary of Vietnam Steel Corporation request to impose anti-dumping tax equivalent to 21.3% for products originating from China.
On September 03rd, 2019, the Ministry of Industry and Trade issued Decision No.2703/QD-BCT on anti-dumping investigation and imposition on some cold-rolled (cold-pressed) steels under plate and coil form originating from the People’s Republic of China.
Within 15 days after the issuance of Decision No.2703/QD-BCT, the Investigating Authority shall send the investigation questionnaire to the relevant parties. The relevant parties shall submit written response to all questions in the questionnaire within 30 days from the date of receiving the investigation questionnaires. The date of receiving the investigation questionnaires shall be set at seventh days after the investigation questionnaires are sent by Investigating Authority.
In case of necessary or reasonable request from relevant parties, the investigating authority may extend the time limit but not more than 30 days.
The relevant parties shall register participation in investigation within 30 days from the date of issuance of Decision No.2703/QD-BCT. The Ministry of Industry and Trade recommends that all organizations and individuals who are importing – exporting, distributing, trading and using products under investigation should register as a relevant party and provide necessary information to the Ministry of Industry and Trade to ensure their rights and interests in accordance with the law.
As international trade law firm in Vietnam with experience in previous investigations, ANT Lawyers always follows up the development of anti-dumping investigation and provide clients with recent update.
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