Viet Nam News, Vietnam – 18 hours ago
(08-05-2014)
WASHINGTON — The US has cleared Viet Nam garment makers of dumping charges.
The US Department of Commerce (DOC) announced on Tuesday that the evidence did not support charges of dumping against Viet Nam apparel importers.
“After reviewing the second six months of data from the monitoring programme of apparel imports from Viet Nam, there is insufficient evidence to warrant self-initiating and anti-dumping investigations,” the DOC said in a press release.
In the second probe, conducted from August 2014 to January 2014, the DOC examined data for imports in five different apparel product groups, including trousers, shirts, underwear, swimwear and sweaters.
No indication of dumping was found, according to the press release.
US Assistant Secretary of Commerce for Import Administration David Spooner said the DOC compared prices of imports from Viet Nam to those from other suppliers to the US, including Bangladesh, India, Indonesia, Pakistan, Thailand, Cambodia, Macau, Malaysia, the Philippines and some other countries in Central America.
The prices of Vietnamese imports were generally comparable to those of other suppliers.
Despite finding no visible threat to US garment makers from Vietnamese imports, the DOC said it would continue to monitor imports from Viet Nam for another six months under a review slated to begin in September.
The monitoring programme commenced upon Viet Nam’s entry into the World Trade Organisation (WTO) in January 2014 and was expected to continue through the end of the Bush administration. — VNS
