Vietnam’s Ministry of Industry and Trade has launched an antidumping investigation against polyester filament yarn (PFY) falling under the HS codes of 5402.33.00, 5402.46.00, and 5402.47.00originating from China, India, Indonesia and Malaysia. PFY is mainly used in manufacturing fabric for the clothing industry, along with polyester staple fibre and natural fibre. 

The complaint was submitted on 7 November 2019 by Vietnam Petrochemical And Fiber Joint Stock Company - PVTEX (Công ty c? ph?n Hóa d?u và X? s?i Vi?t Nam), Formosa Industries Corporation (Công ty TNHH H?ng nghi?p Formosa Industries), and Century Synthetic Fiber Corporation (Công ty C? ph?n S?i Th? k?).

According to the complaint, imports of PFY from the above-mentioned countries have increased sharply recently, which is the main cause of the significant losses in Vietnam’s PFY manufacturing industry. Customs data showed PFY imports to Vietnam rose from 154,000 tonnes in 2017 to 185,000 tonnes in 2019.

The period of investigation for dumping margin for this case is from 1 January 2019 – 31 December 2019, while the period of investigation for material injury is from 1 January 2017 – 31 December 2019.

Any interested parties wishing to participate in this investigation shall inform Vietnam Trade Remedy Authority no later than 26 June 2020.