India Starts Anti-Dumping Inspection of Vietnam's Compact, Neon Lights Exports
The Indian Ministry of Commerce and Industry has started investigating compacts and neon lights originating from Vietnam on the allegation of dumping, the Department of Competition Management under the Vietnamese Ministry of Industry and Trade (MoIT) said Thursday.
Vietnamese producers and exporters of the two items have received questionnaire lists from the foreign ministry’s department of anti-dumping, the department noted.
This is the first time that India has conducted anti-duping investigation into Vietnam’s exports, the department said.
In the next couple of years, Vietnamese businesses are expected to face up to 2,000 lawsuits from foreign rivals, three times higher than now, forecast Ha Ton Vinh, Hawaii University Prof.
To date, Vietnamese businesses have faced 23 antidumping lawsuits: ten from EU, three from Peru and Turkey for V belts, the ministry added. They lost most of the cases. (Labor)
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