Liquid sugar is one of the additives used to sweeten in food
processing, widely used in the processing of fast food, bottled food, etc. On
May 21st, 2020, the Trade Remedies Administration (Investigating
Authority) received a request to apply
anti-dumping measures on liquid sugar extracted from corn starch (HFCS) originating
from China and Korea imported into
Vietnam from the representative of the Domestic Sugar Industry (the Requesting
Party).
Anti-dumping law firm in Vietnam
On June 29th, 2020, the Ministry of Industry and Trade
issued Decision No. 1715/QD-BCT conducting an investigation on the
investigation and application of anti-dumping measures on liquid sugar
extracted from corn starch (HFCS) from China and Korea (Case No. AD11).
The investigation results show that HFCS liquid sugar products
imported from China and Korea are being dumped in the Vietnamese market and
have significantly damaged the domestic industry. However, the causal
relationship between the dumping behavior of the investigated goods imported
from China and Korea and the damage to the domestic industry has not been
clearly shown.
Therefore, according to the provisions of Point b, Clause 3,
Article 71 of the Law on Foreign Trade Management, the investigating agency
proposed the Minister of Industry and Trade to stop investigating the case and
not apply dumping measures on goods imported goods under investigation.
On October 07th, 2021, the Minister of Industry and
Trade issued a Notice attached to Decision No. 2274/QD-BTC on termination of
the investigation and non-application of anti-dumping measures for liquid sugar
extracted from corn starch originating from the People’s Republic of China and
the Republic of Korea.
If Client needs any more information or request
for legal advice or potential dispute regarding trade remedies measures
including, anti-dumping, countervailing duty and safeguard measures or
international trade dispute matters, our competition, anti-dumping, and countervailing
duty lawyers in Vietnam of International trade and tax practice at ANT Lawyers,
an Anti-dumping law
firm in Vietnam always
follow up anti-dumping cases and its development to update clients on regular
basis.
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