Which country initiates the most trade defense investigations against Vietnamese goods?

05/06/2024 10:25:22 396

Which country initiates the most trade defense investigations against Vietnamese goods?
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Minister of Industry and Trade Nguyen Hong Dien mentioned this number when answering questions from delegate Doan Thi Le An (Cao Bang) about the fact that Vietnamese goods are increasingly subject to trade defense measures and solutions to reduce them. In this situation, what does Vietnam do to protect domestically produced goods?

Stating the current situation of Vietnamese goods being sued for trade remedies, Mr. Dien said: "To date, Vietnamese goods have been sued in 247 cases from 24 markets. The causes of the increase in the number of trade defense cases are many, originating from Export increased, annual growth scale was 5-6%, highest annual trade surplus was 28 billion USD".

In addition, Vietnam has participated in the regional supply chain, so it is often investigated jointly with other countries, not to mention, some countries tend to abuse trade remedies to protect domestic production.

The 2023 Trade Remedies Annual Report of the Trade Remedies Department states that in 2023 alone, 15 new cases initiated by foreign countries have arisen with our country's exported goods, in addition to many cases in progress. investigation, or subject to annual review or end-of-term review.

Among the countries that initiated investigations into Vietnamese goods last year, the United States was the country that initiated the most investigations with 7 cases, including 4 anti-dumping investigations (anti-dumping), 1 anti-subsidy investigation case (CTC) and 2 product scope investigation/anti-trade tax evasion cases (CLT).

Facing many difficulties with the increasingly diverse products being investigated and the scope of investigation expanding, but through appeals, many Vietnamese export products have escaped trade defense cases, but according to Minister Dien, the appeal work of many cases has achieved positive results, such as the steel and honey cases.

Typically, the United States concluded that Vietnamese stainless steel wire does not evade the trade defense tax being applied to Korea, and some steel pipe products do not evade the defense tax that is being applied to Taiwan - China. , Vietnam's large solar cell enterprise does not avoid tax and temporarily exempts this item from tax.

At the same time, the Philippines reduced anti-dumping taxes on cement compared to the previous tax order; Australia ended its investigation
dumping of ammonium nitrate; Mexico assessed that Vietnam's galvanized steel industry operates according to the market mechanism and reduced anti-dumping taxes on galvanized steel in the final conclusion compared to the previous preliminary conclusion...

In the context of a deeply integrated economy, participating in many FTAs ​​with more than 60 countries/territories, export turnover continues to increase, Minister Nguyen Hong Dien said, the solution to reduce cases is Trade defense with exports is to verify the issuance of C/O, consider when issuing policies that may lead to accusations of subsidies, making some countries suspicious.

At the same time, manage and monitor business activities to prevent evasion of trade remedies.

"It is necessary to avoid the recent situation where strong businesses run their course, rice businesses export at low prices, not paying attention to businesses in the industry," the Minister noted.

At the same time, export industries need to increase the use of domestic raw materials, diversify markets, comply with origin, and discuss carefully with import partners before implementing contracts to avoid hedging risks. .

The Industry and Trade sector continues to strengthen early warning of goods at risk of investigation; Provide information to businesses about investigation processes and response scenarios; Coordinate with relevant associations and businesses in discussions with foreign investigation agencies to protect and support Vietnam's export industry to be treated fairly in accordance with the regulations of the World Trade Organization. world, ensuring the legitimate rights of domestic export enterprises.

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