Turkey may slap high anti-dumping duty on Vietnam yarn
07/09/2016 12:00
HCMC - Turkey may impose a high anti-dumping duty of over 72% on polyester textured yarn imports from Vietnam, the Vietnam Competition Authority under the Ministry of Industry and Trade has said.
The General Directorate of Imports under Turkey’s Ministry of Economy has released results of its anti-dumping investigation into polyester textured yarn imports from Vietnam and Thailand, the authority said, citing the trade section of the Vietnamese embassy in Turkey.
The Turkish agency plans dumping margins of 34.81-72.16% for Vietnamese products with code HS 5402.33 and 8.48-37.69% for Thai products.
The Turkish Ministry of Economy is expected to make a final decision on the dumping margins in the first week of October after the directorate reviews complaints lodged by exporters and submit final results to the ministry by the end of this month.
Turkey initiated a probe into polyester textured yarn sourced from Vietnam and Thailand in May last year after Korteks Mensucat Sanayi ve Tic. A.S., which manufactures and sells polyester yarn products in Turkey, filed a lawsuit against polyester textured yarn imports.
Turkey opened an anti-dumping probe into man-made yarn or synthetic staple fibers with HS codes 55.08, 55.09, 55.10 and 55.11 imported from Vietnam, Malaysia, Greece, Pakistan and Thailand. The country decided to levy duties of 19.48-25.25% on Vietnamese products in five years from August 2014.
Due to the high tariffs imposed by Turkey, Vietnamese yarn exporters have turned to China, said Nguyen Van Tuan, chairman of the Vietnam Cotton and Spinning Association (VCOSA), told reporters in July. Turkey used to make up one-third of Vietnam’s total yarn exports in previous years.
Tuan said around two-thirds of yarn products made in Vietnam are for export.
Turkey is one of the countries imposing trade defense measures against many products imported from Vietnam, including bicycle tire, plywood, granite, stainless welded cold-rolled steel pipes, air-conditioner, and plastic canvas.
Argentina probes ceramic tile imports from Vietnam
Argentina’s Ministry of Production has initiated an anti-dumping investigation into ceramic tile imports from China, Brazil, Malaysia and Vietnam, according to the Vietnam Competition Authority.
Argentina authorities will look into ceramic tiles imported from the countries in the 2015-2016 period and assess their impact on producers in the South American country in 2013-2016, the authority under the Ministry of Industry and Trade said, citing the trade section at the Vietnamese embassy in Argentina.
The dumping margins are claimed at nearly 30% for Vietnam, roughly 185% for China, nearly 107% for India, 126% for Malaysia and 23% for Brazil.
Ceramic tile production is one of the few sectors that have grown fast in Vietnam in recent years. Its currently capacity totals 500 million square meters per year, making Vietnam the top producer in Southeast Asia and the sixth in the world.
Major domestic ceramic tile markers are Viglacera, Dong Tam, Thach Ban, CMC, Taicera, Bach Ma and Prime.
Aside from domestic consumption, Vietnamese ceramic tiles have been sold to many countries. Domestic firms expect recently-signed trade agreements including the Trans-Pacific Partnership (TPP) will bring more opportunities for them to boost exports.
The General Directorate of Imports under Turkey’s Ministry of Economy has released results of its anti-dumping investigation into polyester textured yarn imports from Vietnam and Thailand, the authority said, citing the trade section of the Vietnamese embassy in Turkey.
The Turkish agency plans dumping margins of 34.81-72.16% for Vietnamese products with code HS 5402.33 and 8.48-37.69% for Thai products.
The Turkish Ministry of Economy is expected to make a final decision on the dumping margins in the first week of October after the directorate reviews complaints lodged by exporters and submit final results to the ministry by the end of this month.
Turkey initiated a probe into polyester textured yarn sourced from Vietnam and Thailand in May last year after Korteks Mensucat Sanayi ve Tic. A.S., which manufactures and sells polyester yarn products in Turkey, filed a lawsuit against polyester textured yarn imports.
Turkey opened an anti-dumping probe into man-made yarn or synthetic staple fibers with HS codes 55.08, 55.09, 55.10 and 55.11 imported from Vietnam, Malaysia, Greece, Pakistan and Thailand. The country decided to levy duties of 19.48-25.25% on Vietnamese products in five years from August 2014.
Due to the high tariffs imposed by Turkey, Vietnamese yarn exporters have turned to China, said Nguyen Van Tuan, chairman of the Vietnam Cotton and Spinning Association (VCOSA), told reporters in July. Turkey used to make up one-third of Vietnam’s total yarn exports in previous years.
Tuan said around two-thirds of yarn products made in Vietnam are for export.
Turkey is one of the countries imposing trade defense measures against many products imported from Vietnam, including bicycle tire, plywood, granite, stainless welded cold-rolled steel pipes, air-conditioner, and plastic canvas.
Argentina probes ceramic tile imports from Vietnam
Argentina’s Ministry of Production has initiated an anti-dumping investigation into ceramic tile imports from China, Brazil, Malaysia and Vietnam, according to the Vietnam Competition Authority.
Argentina authorities will look into ceramic tiles imported from the countries in the 2015-2016 period and assess their impact on producers in the South American country in 2013-2016, the authority under the Ministry of Industry and Trade said, citing the trade section at the Vietnamese embassy in Argentina.
The dumping margins are claimed at nearly 30% for Vietnam, roughly 185% for China, nearly 107% for India, 126% for Malaysia and 23% for Brazil.
Ceramic tile production is one of the few sectors that have grown fast in Vietnam in recent years. Its currently capacity totals 500 million square meters per year, making Vietnam the top producer in Southeast Asia and the sixth in the world.
Major domestic ceramic tile markers are Viglacera, Dong Tam, Thach Ban, CMC, Taicera, Bach Ma and Prime.
Aside from domestic consumption, Vietnamese ceramic tiles have been sold to many countries. Domestic firms expect recently-signed trade agreements including the Trans-Pacific Partnership (TPP) will bring more opportunities for them to boost exports.
Source: The Saigon Times
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