Vietnam will impose temporary anti-dumping duties on some Chinese-made furniture

In order to protect the domestic furniture manufacturing industry, Vietnam will impose temporary anti-dumping duties
on some Chinese-made furniture products from mid-October.

Vietnam's Ministry of Industry and Trade issued a statement on Monday (October 3) saying that from the middle of this month, Vietnam will impose tariffs of 21.
4% to 35.
2% on some Chinese imported tables and chairs for a period of four months
.
It is understood that the authorities will impose a 21.
4% tariff on chairs, etc.
, and a tax on table products at 35.
2%.

The statement said that the significant increase in imports of tables and chairs from China has had an impact on Vietnam's domestic furniture manufacturing industry, but the statement did not further explain how big the impact was
.

China is Vietnam's largest trading partner and a supplier of key materials and parts to Vietnam's manufacturing industry
.

Vietnam News Agency recently reported that on September 1, 2021, Vietnam launched an anti-dumping duty investigation
on table and chair products imported from China and Malaysia.

In accordance with the provisions of the Trade Remedies Law, the authorities shall make a decision
based on the investigation documents submitted by the enterprise on the application for anti-dumping measures, and based on the results of the deliberation.

According to the law, after initiating an anti-dumping investigation, the Ministry of Industry and Trade of Vietnam will send an anti-dumping questionnaire to all parties concerned to collect information
on the dumping practices of Chinese and Malaysian enterprises, losses suffered by Vietnamese production enterprises, as well as dumped imports and injuries to domestic industries.

Now, after review and assessment, the Ministry of Industry and Trade of Vietnam and relevant companies have concluded that although Malaysian export enterprises have dumping behavior, they have not taken temporary anti-dumping measures
against them because the goods under investigation from Malaysia account for less than 3%.

The Ministry of Industry and Trade said that the authorities will continue to collect information from relevant parties to assess the impact
of anti-dumping measures on all parties.