Enterprises helped strengthen trade defence capacity

A seminar to help improve Vietnamese enterprises’ capacity in applying trade defence measures to exported goods was held in Ho Chi Minh City on December 19.
A seminar to help improve Vietnamese enterprises’ capacity in applying trade defence measures to exported goods was held in Ho Chi Minh City on December 19.

Dukgeun Ahn, an expert from the Republic of Korea Development Institute, said it is necessary to set up an agency which will consult and organise training courses for Vietnamese experts in trade law.

When anti-subsidy and anti-dumping lawsuits are aimed at Vietnam’s exported goods, local enterprises should be active in handling the cases, he said.

In addition, the Government should also join enterprises in dealing with anti-subsidy and anti-dumping investigations to minimise losses for domestic production, he added.

According to experts, the import-export of Vietnamese goods to some primary markets face difficulties as they have not recognised Vietnam’s market economy status.

Recently, the US conducted both anti-dumping and anti-subsidy investigations on some products imported from Vietnam, which may result in double taxation on the country’s exported items, they said.

Le Sy Giang from the Ministry of Industry and Trade’s Competition Management Department said the popularisation of legal documents regarding trade defence should be implemented intensively and extensively, especially the trade defence instruments.

Apart from creating conditions for enterprises to access the instruments, the ministry should enhance internal cooperation to improve competitiveness, he added.-VNA

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