Ministry helps enterprises deal with increasing trade remedy cases
Vietnam’s export goods face more trade remedies in the process of deep economic integration, so the Ministry of Industry and Trade has developed solutions for the situation.
Processing tra fish at a seafood company in Dong Thap province. (Photo: VNA)
Hanoi (VNS/VNA) — Vietnam’s export goods face mo♒re traderemedies in the process of deep economic integration, so the Ministry ofIndustry and Tr🃏ade has developed solutions for the situation.
The ministry reported as ofSeptember this year, about 200 cases of trade remedies were implemented on Vietnam’sexports. Of which, there were 32 cases in the first nine months of this year,doubling the number in the whole of 2019. Thesecases were mainly for metals (aluminium, flat steel bars and steelpipes), fibres, seafood (shrimp and fish), plywood, construction materials(bricks, glass and sanitary ware), and chemical products. Foreign countries andterritories that have regularly implemented trade remedy investigations on Vietnam'sexports include the US, India, the EU, Turkey, Canada and Australia. Thesecountries make up 62 percent of the total 200 trade remedy cases on Vietnam'sexports. In recent years, ASEAN countries have also started investigationsto apply trade remedies on Vietnamese products, with 38 cases, accounting forabout 20 percent. Therefore, the ministry haspromoted support for manufacturing industries and export enterprisesto respond to the trade remedy lawsuits. These ensure their legitimate rightsand interests in international trade activities and contribute to reaching theexport growth target. The ministry has regularlyupdated the list of goods that are at risk of trade remedies and origin fraudmeasures. It has helped state management agencies strengthen supervision andimplement suitable measures. It has recommended localbusinesses actively develop plans for production and business, and handlingtrade remedy lawsuits, while it has provided up-to-date information about thecases. When a trade remedy case for aVietnamese product is initiated, the ministry has offered support relatingto the case for businesses, especially legal issues. At the same time, it hascoordinated with relevant ministries, sectors and provincial people'scommittees on investigation questionnaires as measures to support localenterprises in the lawsuits. With these efforts, accordingto the ministry, Vietnam has witnessed success in many trade remedy lawsuits,meaning tax was not imposed or trade defence measures were halted in 65cases. The ministry has recommendedthat to minimise negative impacts of trade remedies, the manufacturing andexport industries and Vietnamese enterprises need to diversify theirmarkets and improve competition in terms of quality. The businesses also needto incorporate response to trade remedies in their production and businessstrategy, especially export activities. The enterprises must have basicknowledge of regulations on trade remedies and keep updated on theMinistry of Industry and Trade’s information about this issuewhen exporting their products to other countries. They must strictlycomply with the rules of origin certification./.
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Processing tra fish at a seafood company in Dong Thap province. (Photo: VNA) 
