Vietnam Authority Received Request to Investigate Anti-Dumping Case of High Fructose Corn Sweetener Products (HFCS) from China and Korea
On May 21st, 2020, Trade Remedies Authority of Vietnam (TRAV) acknowledged the Dossier on request of investigation to impose the anti-dumpingmeasures to some High Fructose Corn Sweetener products (HFCS) originated from People’s Republic of China and Republic of Korea from the companies representing the domestic industry (Requester). If there is anti-dumping actions, the anti-dumping investigation will be initiated and related parties would cooperate with TRAV to provide data as required.
On the basis of assessing the Dossier, on June 2nd, 2020, TRAV had confirmed the sufficiency of the dossiers according the the laws on trade remedy.
Within 45 days from the date of receiving sufficient and lawful dossier, TRAV will assess dossier to submit Minister of Ministry of Industry and Trade for consideration whether to process the investigation.
The assessment’s contents includes:
-Identify the legal representative status of the domestic industry of organizations and individuals who submit dossier in accordance with the Law on Foreign Trade Management;
-Define evidence on the dumping of imported goods that cause or threaten to cause significant losses to a domestic manufacturing industry or substantially prevent the formation of a domestic manufacturing industry.
In order to serve the assessment process, as well as to ensure the legitimate rights and interests of the enterprise, TRAV recommends that the domestic enterprises manufacturing/trading in the same goods mentioned above provide the following information.
-Enterprise’s information;
-Manufacturing production of HFCS and/or refined sugar;
-Enterprise’s opinion on the case (to agree, oppose, have no opinion);
-Any document/evidence which company considers to be related to the case
The due date to provide the above information is before 5p.m June 19th, 2020.
Competition, anti-dumping, and countervailing duty lawyers of International trade and tax in Vietnam practice at ANT Lawyers, a law firm in Vietnam always follow up anti-dumping cases and its development to update clients on regular basis.