30-9-2023 (HANOI) Vietnam’s Ministry of Industry has initiated an investigation that could result in the imposition of anti-dumping duties on wind towers originating from China. The investigation was launched in response to a complaint filed by domestic producers, as announced by the government on Saturday (Sep 30).
According to a government statement, Vietnamese producers have alleged that the dumping of Chinese wind towers has caused “significant damage” to their industry. However, no further details were provided regarding the nature of the damage.
The statement also mentioned that if deemed necessary based on the preliminary investigation results, the Ministry of Industry and Trade has the authority to implement temporary anti-dumping measures to safeguard domestic manufacturing from detrimental dumping activities.
No specific timeline was given for the completion of the investigation.
Vietnamese customs and the statistics office did not release any data on wind tower imports.
The Ministry of Industry and Trade reported that local producers are proposing an anti-dumping tax rate of 97 percent.
Currently, wind towers imported into Vietnam are subject to a most-favoured nation (MFN) tariff of 3 percent.
Vietnam is actively seeking to boost its wind energy sector as part of its transition towards carbon neutrality by the mid-century. The country aims for wind power, primarily onshore, to constitute 18.5 percent of its total power mix by 2030.
The Chinese embassy in Hanoi has not yet responded to requests for comment outside of business hours.
