Some local enterprises have a legal department that specialises in dealing with the trade remedies in foreign markets, especially in the sectors producing key export products such as steel (Photo: tapchicongthuong.vn) It willprovide practical lessons on handling trade defence lawsuits for localenterprises.
The ministrywill also focus on training State officials, commodity associations andindustries on trade remedies, especially for commodities that are regularly investigatedby foreign countries such as steel, fisheries, wood and chemicals.
According tothe ministry's Trade Remedies Authority of Vietnam (TRAV), local exportproducts have faced more anti-dumping investigations and tax evasion cases inforeign countries in recent years. Vietnamese businesses have become aware oftrade remedies.
ManyVietnamese enterprises have been adapting to trade defence cases. Some havelegal departments that specialise in dealing with trade remedies atforeign markets, especially in sectors producing key export products suchas steel, seafood and garments.
However,according to the authority, there are still some firms, especially smallercompanies, that are unaware of the importance of trade remedies and howthey would affect their production and business activities.
It said inthe results of trade lawsuits, local enterprises that work with foreigninvestigative authorities by providing information enjoy low tax rates. Iflocal enterprises do not co-operate, they will face a high tax rate due toforeign investigative authorities using available data only, creating adisadvantage for them.
Therefore,the level of co-operation can be considered a prerequisite for achieving apositive result in trade remedies cases, according to the TRAV.
In the caseof the antidumping duty (AD) and countervailing duty (CVD) investigations ofimports of utility-scale wind towers from Canada, Indonesia, the Republic of Korea(AD only), and Vietnam to the US, Vietnam received countervailable subsidies ata rate of 2.84 percent while Indonesia received a rate of 5.9 percent.
Meanwhile,in the case of the anti-dumping and anti-subsidy investigation intocorrosion-resistant steel sheets imported from several countries, including Vietnam,Canada concluded Vietnam does not subsidise enterprises producing and exportingthe steel, based on information provided by the Government of Vietnam.
According tothe US Customs and Border Protection (CBP)’s announcement on February 11, 2021,there is a lack of evidence to conclude Minh Phu Corporation has illegallyevaded anti-dumping duties levied on Indian shrimps.
Therefore,CBP will consider the conclusion issued on October 13, 2020, to not applyanti-dumping tax on exported shrimp of Minh Phu Seafood.
The MoITalso said that the US’s conclusion on dumping and subsidies for car tyres from Vietnamand some other economies, which was released on December 30, declared tyreexporters of Vietnam free from anti-dumping measures.
Othercountries and territories were alleged to have dumped in the market and facetariffs of 14.24 percent to 38.07 percent for the Republic of Korea, 52.42 percentto 98.44 percent for Taiwan (China) and from 13.25 percent to 22.21 percent forThailand.
It is a verypositive result for Vietnam's tyre manufacturing and exporting enterprises,said TRAV director Le Trieu Dung. However, this is only a preliminary result,the ministry and the Vietnamese manufacturing and export enterprises willcontinue to work with the US towards a positive final conclusion./.
VNA
