DOC initiates anti-dumping investigations into Vietnam fibre
Tuesday, June 27,2017AsemconnectVietnam - The US Department of Commerce (DOC) has initiated anti-dumping investigations into polyester staple fibre imported from China, India, the Republic of Korea, Taiwan and Vietnam, according to the Vietnam Competition Agency under the Ministry of Industry and Trade.
The alleged anti-dumping duty margin for Vietnamese product is 64.73%.
Last year, Vietnam shipped around 12.4 million of polyester staple fibre to the US, ranking third behind China (US$79.4 million) and India (US$14.7 million).
DOC is to give a preliminary conclusion on the investigation in late November and anti-dumping duties will be imposed as from mid-March 2018 if any of damage is found.
Source: vov.vn
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