Vietnam Fiber Association Recommends Anti-Dumping On Filament Fibers

Vietnam Fiber Association recommends anti-dumping on filament fibers to assist Vietnamese fiber manufacturers in accordance with the law. Many industry experts and economic experts have made comments on the above recommendations.

Vietnam Fiber Association sent a letter to the prime minister and the Ministry of industry and commerce to recommend some imports. Fiber filament products To conduct anti-dumping investigations and accusations, so as to create a level playing field for Vietnam's domestic fiber producers to enhance their competitiveness.

The Association put forward the reasons for the foregoing proposal for the dumping of Filament fiber products (HS Code5402.33 and 5402.47) from Vietnam, China, Taiwan, Malaysia, India, South Korea and Indonesia for many years.

However, Vietnamese manufacturers can fully produce their own products and meet domestic demand and have the ability to export the foregoing products. This bad competition has led to many Domestic fiber producers in Vietnam Faced with difficulties and sometimes forced to sell at below cost, they can maintain their domestic market share.

According to Zheng Yingjun, deputy director of the Competition Management Bureau of Vietnam Ministry of Commerce and industry (Trinh Anh Tuan), the Ministry has received the recommendation letter from Vietnam Fiber Association and will take appropriate steps to assist Vietnamese fiber manufacturers in accordance with the law. In fact, Vietnam has basically completed the consultation of TPP and various free trade agreements, and has helped the development of the fiber industry to solve Vietnam. Textile and garment industry Important work of supply chain.

Many industry experts and economic experts have made comments on the above recommendations. According to Ruan Hongshan, deputy general manager of Yongfu textile company (Nguyen Hong Son), if this anti-dumping complaint can be carried out, it will help Vietnamese producers. The reason is that Vietnam's raw materials are mainly imported. If other countries dump and are subject to anti-dumping duties, they will have a positive impact on local fiber producers.

In the future, joining TPP will provide many opportunities for Vietnam's textile and garment industry, but its "starting from yarn" principle is very challenging, so it is very necessary to help fiber industry meet domestic demand.

According to Huang Weiyong, deputy general manager of the Vietnam textile and Garment Group, Hoang is now encouraging manufacturers to invest in logistics support industry, so as to improve the self-control rate. If we can include fiber from domestic production, joining TPP will benefit Vietnam's exports, "said Ve (Dung). The reason why Vietnam's fiber production costs are still higher than other countries is that the industry has just started, and foreign dumping is also one of the factors.

Another suggestion is that trade defence is a legitimate means of developing industry, and it is necessary for the government to provide assistance at the initial stage of development. However, such assistance can not conflict with Vietnam's accession to the WTO and other free trade agreements.

According to Nguyen Van Nam, former director of the Trade Research Institute of the Ministry of Commerce and industry, in principle, if a domestic manufacturer discovers that the import is illegal, dumping and other improper acts, the manufacturer can lodge a complaint; the government should make fair research, understand and verify the price of the imported products, and how the cost of domestic manufacturers will be affected and whether the loss will be considered before the prosecution is considered. It is also considered that the high price of the domestic manufacturers' products is due to the low production capacity, and the manufacturers need to overcome and improve their competitiveness by themselves, and they can not rely on all trade protection measures and the protection of the government.