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VIETNAM BUSINESS NEWS JULY 8

VIETNAM BUSINESS NEWS JULY 8
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VIETNAM NEWS HEADLINES JUNE 5

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Solar PV market under duress from dependence on imports

Solar PV market under duress from dependence on imports 22:18 | 03/06/2021 The large solar panel market in this country is currently presided over by overseas investors The Indian Ministry of Commerce and Industry a fortnight ago launched an anti-dumping probe into solar cells originating from China, Thailand, and Vietnam, following a petition by the Indian Solar Manufacturers Association. The move has shocked Vietnam-based panel producers. The ministry said that solar panel products originating or imported from the three countries have a high margin of dumping, exceeding the minimum threshold of 2 per cent. The Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade said producers and exporters should contact the Indian ministry to register for questionnaires and keep abreast of relevant information coming from India. Any action deemed uncooperative could lead to India imposing anti-dumping duties, it warned.

US imposes anti-dumping duties on Vietnamese tires - VnExpress International

US imposes anti-dumping duties on Vietnamese tires By Thuy Tien   May 28, 2021 | 08:09 am GMT+7 Tires seen at a warehouse. Photo by Shutterstock/Sirisak baokaew. The U.S. Department of Commerce (DOC) has slapped anti-dumping and countervailing duties on some passenger vehicle tires originating in Vietnam. Companies that are subject to an anti-dumping duty of 22.3 percent account for less than 4.5 percent of Vietnamese tire exports to the U.S. These Vietnamese tire exporters are also subjected to countervailing duties of 6.23-7.89 percent, with the DOC maintaining that tires from Vietnam are being unfairly subsidized by currency undervaluation. The imposed countervailing duties are lower than the preliminary ones which were slapped in November last year.

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