Officially Applying Anti-Dumping Tax To Packaging Materials

22/07/2020, 12:13 PM

The Ministry of Industry and Trade has just issued a Decision on the application of official anti-dumping measures on some plastics and plastic products made from propylene polymers (commonly known as BOPP films) originating from from the People's Republic of China, the Kingdom of Thailand and Malaysia.

According to the Trade Remedies Bureau (Ministry of Industry and Trade), based on the dossier of request for application of anti-dumping measures of representatives of domestic manufacturing enterprises, the Ministry of Industry and Trade decided to initiate the investigate the incident on August 4, 2019. Investigation is done in accordance with the provisions of the World Trade Organization, the Law on Foreign Trade Administration and the relevant provisions.

On March 18, 2020, the Ministry of Industry and Trade issued Decision No. 880 on the imposition of provisional anti-dumping duties on BOPP films.

Results of investigation and assessments show that the domestic BOPP film industry has been suffering a considerable loss recently, reflected in factors such as a severe decline in sales and sales volume. revenues, profits, market share, production capacity. Besides, the dumping margin of imported goods is determined to be from 9.05% to 23.71%.

The above investigation results fully meet the mandatory conditions prescribed by the World Trade Organization, the Law on Foreign Trade Management and other relevant provisions to apply anti-dumping measures, namely There exist 3 elements: Dumping acts of foreign manufacturing and exporting enterprises; Significant losses of the domestic manufacturing industry and dumping are the main causes leading to significant losses of the domestic manufacturing industry.

Based on the results of the investigation, the Ministry of Industry and Trade issued a decision to apply the official anti-dumping tax on BOPP film products imported from China, Thailand and Malaysia to minimize losses to the manufacturing industry in due to the impact of a large amount of BOPP film products on dumping imports into Vietnam.

The official anti-dumping duty rates range from 9.05% to 23.71%, which are basically lower than the preliminary applied tariffs previously applied, reflecting the harmonious balance between the interests of the manufacturing industry in water, consumer interests, and downstream industries using BOPP film products.

Based on the consideration of reasonable opinions of relevant parties, the Ministry of Industry and Trade has also decided to exclude some BOPP film products in particular from the scope of anti-dumping measures applied by the domestic industry (these types of products cannot be produced in Vietnam).

According to regulations, anti-dumping measures will take effect within 5 years from the effective date of Decision 1900/QD-BCT.

Source: Bao Chinh Phu