US launches investigations into Vietnamese laminated woven sacksThe US Department of Commerce (DOC) recently announced an anti-dumping duty and countervailing duty investigations into laminated woven sacks imported from Vietnam. The investigations were launched based on petitions filed by the Laminated Woven Sacks Fair Trade Coalition and its individual members, Polytex Fibers Corporation and ProAmpac Holdings Inc on March 7. They said that the sacks purchased from Vietnam are receiving subsidies and the products are sold in the US market at less than fair value, damaging domestic production. In the countervailing duty investigation, the DOC will determine whether Vietnamese producers of laminated woven sacks are receiving unfair government subsidies. In 2017, US imports of laminated woven sacks from Vietnam were valued at an estimated US$21.1 million.

Source: VietNamNet News April 03, 2018 04:52 UTC