Trade remedy cases against Vietnamese goods increasing
Vietnamese goods are facing an increasing number of trade remedy cases
brought by export markets, according to the Vietnam Competition
Authority (VCA) under the Ministry of Industry and Trade.
Vietnamese goods are facing an increasing number of trade remedy cases
brought by export markets, according to the Vietnam Competition
Authority (VCA) under the Ministry of Industry and Trade.
The issue was discussed at a workshop in Ho Chi Minh City on March 14 organised by VCA and the European Trade Policy and Investment Support Project.
VCA said while there were only 33 trade remedy cases against Vietnamese goods from 1994 to 2007, the figure rose to 38 from 2008 to 2013.
Most of the cases happened in the US, European Union, Turkey and India, and a majority of them are anti-dumping cases against steel, footwear and fibre, which are exported in large volumes.
Experts said the trend is attributable to economic hardships that make countries take trade remedies as measures to protect their domestic production.
Pham Huong Giang from the VCA suggested businesses learn more about laws on trade remedies, actively appeal, and cooperate with investigation agencies as well as other businesses in the same field.
She also urged them to diversify their markets and improve product quality to minimise risks of being sued.-VNA
The issue was discussed at a workshop in Ho Chi Minh City on March 14 organised by VCA and the European Trade Policy and Investment Support Project.
VCA said while there were only 33 trade remedy cases against Vietnamese goods from 1994 to 2007, the figure rose to 38 from 2008 to 2013.
Most of the cases happened in the US, European Union, Turkey and India, and a majority of them are anti-dumping cases against steel, footwear and fibre, which are exported in large volumes.
Experts said the trend is attributable to economic hardships that make countries take trade remedies as measures to protect their domestic production.
Pham Huong Giang from the VCA suggested businesses learn more about laws on trade remedies, actively appeal, and cooperate with investigation agencies as well as other businesses in the same field.
She also urged them to diversify their markets and improve product quality to minimise risks of being sued.-VNA
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