The Ministry of Industry and Trade has extended the deadline for providing a decision following an investigation into how to apply anti-dumping measures to Malaysian, Thai, and Chinese prestressed steel cables.

According to the Trade Remedies Authority of Vietnam (TRAV), the MoIT issued Decision No. 1327/QD-BCT to extend the deadline for issuing a decision to investigate the case file and associated information on June 5.

The extension is for a further thirty days and should be sufficient for the submission of a ruling following an investigation into implementing anti-dumping regulations for imported prestressed steel cable products by July 5.

Article 70, clause 2, of the Law on Foreign Trade Management states, "Within 45 days of the date of notification of valid dossiers, based on the recommendations of the investigating bodies. The MoIT Minister decides whether to conduct an investigation or not. In exceptional circumstances, the decision-making period may be extended once for no more than 30 days."

TRAV obtained a dossier from an enterprise representing the domestic manufacturing industry on April 7 requesting an investigation into the application of anti-dumping measures on high-export-value prestressed steel cable products from Malaysia, Thailand, and China. On April 20, TRAV issued Official Letter No. 29/TB-PVTM, validating the dossier's completeness and legality in accordance with the Law on Foreign Trade Management.

Source: Vietnam Investment Review