|Illustrative image. — VNA/VNS Photo|
HÀ NỘI — The US Department of Commerce has recently announced it will not conduct an anti-tariff circumvention investigation against solar panels made in Việt Nam, Thailand and Malaysia at a request by a group of anonymous businesses called American Solar Manufacturers against Chinese Circumvention (A-SMACC), according to the Trade Remedies Authority of Việt Nam under the Ministry of Industry and Trade.
According to the DOC, the companies' request to maintain confidentiality would prevent the agency from obtaining information it needed to evaluate the request, and hamper interested parties from fully commenting on the requests for circumvention inquiries and hamper them from commenting on certain issues that could arise if the agency was to initiate circumvention inquiries.
Therefore, Việt Nam's solar panel industry has avoided an investigation against evasion of trade remedies. However, solar panel products including photovoltaic cells and solar panels are still subject to safeguard measures by the US against all countries, including Việt Nam from February 2018.
Data from the General Department of Customs show that, in the first eight months of 2021, Việt Nam exported more than US$2.9 billion of solar panels, including cells, panels and components, to the US.
The Trade Remedies Authority of Việt Nam recommends solar panel manufacturers keep a close watch on the situation, information and next moves of relevant interest groups in manufacturing, exporting and consuming solar panels to take timely measures to respond to future trade remedies.
The agency will also monitor the export of this item to proactively provide information for businesses and handle arising problems. — VNS