Australia investigates Vietnamese power transformers

10/09/2013 12:00 - 445 Views

(VOV)-On July 26th, 2013, the Australian Anti-Dumping Commission (AADC) has announced its decision to conduct anti-dumping investigation into power transformers imported from Taiwan, the Republic of Korea, China, Indonesia, Thailand and Vietnam.

Accordingly, HS850422-23 shipments to in Australia from July 1, 2012-June 31, 2013 will be under surveillance.

The AADC said detailed information about the case, such as complaints, product descriptions and reports, was posted at its website: http://www.adcommission.gov.au on July 29.

This is Australia’s first anti-dumping case against Vietnam’s export products.

In 2012 Vietnam’s total earnings from two kinds of power transformers exported to Australia reached US$1.631 million and US$6.979 million, respectively, accounting for 4.75 percent and 25.57 percent of its market share.

30/7/2013

Source: http://english.vov.vn/