Vietnam’s Ministry of Industry and Trade (MoIT) has announced an extension for the decision on the implementation of anti-dumping measures on prestressed steel cables imported from Malaysia, Thailand, and China. The Trade Remedies Authority of Vietnam (TRAV) will conduct a thorough investigation and is expected to issue a ruling by July 5.In accordance with Article 70, clause 2, of the Law on Foreign Trade Management, the MoIT has the authority to decide whether an investigation should be conducted within 45 days of receiving a valid dossier. In exceptional circumstances, the decision-making period can be extended by up to 30 days. Decision No. 1327/QD-BCT, issued by the MoIT, grants an additional 30-day extension for the investigation.TRAV received a dossier from a domestic manufacturing enterprise on April 7, requesting an investigation into the application of anti-dumping measures on prestressed steel cable products with high export value from Malaysia, Thailand, and China. On April 20, TRAV validated the completeness and legality of the dossier through Official Letter No. 29/TB-PVTM, in accordance with the Law on Foreign Trade Management.The extension of the deadline provides ample time for TRAV to thoroughly analyze the case file and associated information. The investigation will focus on determining the necessity and feasibility of implementing anti-dumping regulations for the imported prestressed steel cable products. This process ensures fair trade practices and protects the interests of the domestic manufacturing industry.
Vietnam’s Ministry of Industry and Trade (MoIT) has announced an extension for the decision on the implementation of anti-dumping measures on prestressed steel cables imported from Malaysia, Thailand, and China. The Trade Remedies Authority of Vietnam (TRAV) will conduct a thorough investigation and is expected to issue a ruling by July 5.In accordance with Article 70, clause 2, of the Law on Foreign Trade Management, the MoIT has the authority to decide whether an investigation should be conducted within 45 days of receiving a valid dossier. In exceptional circumstances, the decision-making period can be extended by up to 30 days. Decision No. 1327/QD-BCT, issued by the MoIT, grants an additional 30-day extension for the investigation.TRAV received a dossier from a domestic manufacturing enterprise on April 7, requesting an investigation into the application of anti-dumping measures on prestressed steel cable products with high export value from Malaysia, Thailand, and China. On April 20, TRAV validated the completeness and legality of the dossier through Official Letter No. 29/TB-PVTM, in accordance with the Law on Foreign Trade Management.The extension of the deadline provides ample time for TRAV to thoroughly analyze the case file and associated information. The investigation will focus on determining the necessity and feasibility of implementing anti-dumping regulations for the imported prestressed steel cable products. This process ensures fair trade practices and protects the interests of the domestic manufacturing industry.