despite the European Union removing anti-dumping duties, according to
the Ministry of Industry and Trade’s Competition Authority.
The
European Commission decided to scrap anti-dumping tariffs on Vietnamese
bicycles last July, while many other countries continue to be subject to
the duties. This resulted in the fact that a number of bicycles from
other countries are shipped to Vietnam and then exported to the EU
under the trademark “Made-in-Vietnam” in order to avoid the market’s
anti-dumping duties, Vu Ba Phu, the Deputy Head of the Ministry’s
Competition Authority, told a Vietnam News Agency reporter.
If it
fails to prevent these illegal actions, the export of bicycles made in
Vietnam to the EU would see an unusual “hot” growth, resulting in EU
manufacturers requiring the European Commission to take sanctions, he
warned.
“At that point, Vietnam ’s bicycles are at risk of being hit by anti-dumping duties again,” he stressed.
He
was also concerned that if the EU resumes their sanctions on Vietnamese
bikes, it will negatively affect the Vietnamese bicycle industry and
damage Vietnam ’s image in international trade circles.
The
EU’s decision to end its sanctions on Vietnamese bikes reflects the real
developments in the Vietnamese bicycle industry and will benefit a
large number of European consumers, said Phu.
“ Vietnam will
resolutely fight Vietnam being used as middle-ground for exporting
bicycles to the EU” in order to protect businesses and ensure the
country’s reputation, he stated.
According to the official, the
Ministry of Industry and Trade has asked all concerned ministries,
department and localities to watch out for such trade fraud as well as
closely monitor foreign invested bicycle projects, to prevent any
attempt to take advantage of the EU removing anti-dumping duties on
Vietnamese bicycles.
“The ministry is willing to cooperate with
the EC to conduct investigations and punish cases relating to the
illegal shipping of bicycles,” said Phu.
The Vietnam
Automobile, Motorcycle and Bicycle Association needs to closely
supervise the output of domestic bicycle producers and promptly discover
cases of fraud./.
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