Vietnam to Initiate the Investigation of Imposing Anti-dumping Measure to HFCS (AD11)
On June 29th 2020, Minister of Ministry of
Industry and Trade signed the Decision No. 1715/QD-BCT regarding
the Investigation of imposing Anti-dumping measure to some High Fructose
Corn Sweetener Products with the HSCode of 1702.60.10 and 1702.60.20 from People’s
Republic of China and Republic of Korea (Case AD11). Related parties may by
themselves or authorize to experienced law firm in Vietnam on
international trade to work with Trade Remedies Authority of Vietnam to
cooperate.
Background
May 21 2020, Trade Remedies of authority of Vietnam (TRAV),
Ministry of Industry and Trade received the dossiers on requesting the anti-dumping measure to
some HighFructose Corn Sweetener Products with the HS Code of 1702.60.10 and
1702.60.20from People’s Republic of China (China) and Republic of Korea (Korea).
The requester is the representative of domestic of refined sugar
industry, includes six (06 companies: (i) Son La Sugar Joint Stock Company (ii)
Lam Son Sugar Cane Joint Stock Corporation (iii) KCP Vietnam Industries Limited
(iv) Can Tho sugar Joint stock Company (v) MK Sugar Vietnam Company Limited
(vi) La Nga Sugar Cane And Sugar Joint Stock Company. In which, production of
Requester and Supporter take 59,94% total similar production produced
domestically and there is no domestic producer opposing the case.
The requester provided the reasonable bases for calculation of
dumping margin originated from China and Korea. The requester provided the
reasonable information to prove the significant damage of domestic industry.
The requester’s dossier proved the existence of causal relationship between
imported products and the significant damage of domestic industry.
Hence, TRAV determined dossier of the requester satisfied the law
of anti-dumping and petition of Minister of Ministry of Industry and Trade.
Investigation’s
details
-Products
under investigation
Product’s name: High Fructose Corn Sweetener
Science name/English name: High-Fructose Corn Syrup
Common name: Tropicana slim, syrup sugar, corn sugar, corn syrup
sugar, HFCS
The Ministry of Industry and Trade may amend and supplement the
list of HS codes of the product under investigation in accordance with the
description of the product under investigation and other changes (if any).
-Originated of products under investigation: China and Korea
-Period of investigation (POI)
· Period of investigation to determine the anti-dumping action: from
April 1st 2019 to March 31st 2020
· Period of investigation to determine the damage of domestic
industry:
· The first year: from April 1st 2017 to March 31st 2018
· The second year: from April 1st 2018 to March 31st 2019
· The third year: from April 1st 2019 to March 31st 2020
-Duty
Levels Proposed by Requester:
China: 36,09%
Korea: 40,02%
-Register
as related parties:
Pursuant to Article 6 of Circular No. 37/2019/TT-BCT,
organizations and individuals stipulated in Article 74 of Law on foreign trade
management can register as related parties in this case with TRAV in order to
access to publicly circulated information during the investigation process,
send comments, information and evidence related to the investigation content
mentioned in this Notice according to form issued in Annex I of Circular
37/2019/TT-BCT and send them to TRAV within sixty (60) working days from the
day on which the decision on investigation takes effect via post or email.
In order to ensure rights and interests, the investigating
authority recommend that organizations and individuals which produce, import or
use products under investigation register as related parties to carry out the
right to access information, provide information and express opinions during
the investigation process
Investigation
Questionnaire:
Within 15 days after the issuance of the investigation decision of
the Minister of Industry and Trade, the Investigating Authority shall send the
investigation questionnaire to the Related Parties, including:
-The
applicant requests for application of Anti-dumping measures;
-Other
domestic manufacturers which Investigating Authority knows;
-Parties
requesting for application investigation of anti-dumping measures which
Investigating Authority knows;
-Importers
of products under investigation;
-Diplomatic
authorities of the country where the origin of products under investigation;
-Other
related
Cooperating
in the investigation process
Any related party refuses to participate in the case or does not
provide necessary evidences or significantly obstructs the completion of the
investigation, the investigation conclusion regarding such relevant party shall
be based on available information.
Any related party provides false or misleading evidences, such
evidences shall not be reviewed and investigation conclusion regarding such
relevant party shall be based on available information.
TRAV recommends that related party participate and cooperate fully
in the process in order to ensure legitimate rights and interests.
Competition, anti-dumping, and countervailing duty lawyers in Vietnam of International trade and tax practice at ANT
Lawyers, a law firm in Vietnam always follow up anti-dumping cases and its
development to update clients on regular basis.
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