Vietnam to apply more trade remedies to protect productionVietNamNet Bridge - Following many successful cases, there is now a growing tendency in Vietnam to apply trade remedies to protect locally made products. Thanks to the MOIT’s decision on imposing anti-dumping duties in March 2016, the situation has improved. To date, Vietnamese exports have been subjected to trade remedies in over 70 cases with a wide range of products, while Vietnam has taken investigation or applied trade remedies in 10 cases. According to lawyer Tran Huu Huynh from VIAC (Vietnam International Arbitration Center), 10 years ago, when Vietnam’s exports began facing anti-dumping lawsuits in overseas markets, Vietnam was advised to use trade remedies as the last resort to protect domestic production. Huynh said trade remedies will be used more in markets in the world.

Source: VietNamNet News April 27, 2017 07:30 UTC