Vietnam's Ministry of Industry and Trade has initiated an investigation that could result in the imposition of anti-dumping duties on wind towers imported from China, following a complaint by domestic producers, the government announced on October 1.
Vietnamese producers have claimed that Chinese-made tower dumping has caused "significant damage" to them, according to a government statement, without providing further explanations.
"In case of necessity, based on preliminary investigation results, the trade ministry can apply temporary anti-dumping measures to prevent dumping activities that hurt domestic manufacturing," the statement indicated.
The Vietnam government gave no timeline for completing the investigation. Neither Vietnamese customs nor the statistics office provide data on wind tower imports.
According to the statement, the ministry said that local producers were proposing an anti-dumping tax rate of 97%.
Wind towers imported to the country now enjoy a Most-Favored Nation (MFN) tariff of 3%.
Based on the established regulations, the ministry will send questionnaires to relevant parties to collect information for evaluating the dumping activities and their damages.
The ministry urged all organizations and individuals who were importing, exporting, distributing, and utilizing the investigated products to register and provide necessary information to ensure their legitimate rights. Registration should be sent before December 18.
Vietnam is looking to boost wind power as it begins the transition to becoming carbon-neutral by 2050.
By 2030, the country aims to increase the capacity of onshore wind power to 21,880 MW, accounting for 14.5% of the total power capacity, together with 6,000 MW of offshore wind.