11 June 2019
VIETNAM: Anti-Dumping Duty Imposed for 120 Days on China-Sourced Aluminium Imports
Certain aluminium imports of China origin are to be subjected to anti-dumping duty (ADD), albeit for a temporary period. The measure, which came into effect on 5 June, will apply to aluminium extrusions and bars regardless of whether or not they are to be further processed within Vietnam. The ADD will be imposed at a rate of 2.46-35.58% and will remain in place for a period of 120 days.
The move follows an investigation of 17 China-based aluminium goods producers by the Ministry of Industry and Trade (MOIT) after it received allegations of dumping from a number of local companies. As part of its enquiry, MOIT noted that the import of Chinese aluminium extrusions and bars almost doubled in 2018, while domestic production reduced in the face of cheaper imports.
According to MOIT, the temporary measures are intended to help level the playing field for domestic manufacturers, while also reducing the inflow of goods to Vietnam, which are then intended to be re-exported in an attempt to circumvent the punitive ADD imposed on Chinese aluminium products by the US. In a separate, but somewhat related development, the government recently announced measures to combat the increased prevalence of overseas-manufactured items being re-exported as domestically-produced.