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US DROPS GARMENT DUMPING CLAIMS AGAINST VIETNAM

Fri. May 09, 2008; Posted: 12:43 AM
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HANOI, May 09, 2008 (AsiaPulse via COMTEX) -- -- The US has cleared Vietnam garment makers of dumping charges.

The US Department of Commerce (DOC) announced on Tuesday that the evidence did not support charges of dumping against Vietnam apparel importers.

"After reviewing the second six months of data from the monitoring programme of apparel imports from Vietnam, there is insufficient evidence to warrant self-initiating and anti-dumping investigations," the DOC said in a press release.

In the second probe, conducted from August 2007 to January 2008, the DOC examined data for imports in five different apparel product groups, including trousers, shirts, underwear, swimwear and sweaters.

No indication of dumping was found, according to the press release.

US Assistant Secretary of Commerce for Import Administration David Spooner said the DOC compared prices of imports from Vietnam to those from other suppliers to the US, including Bangladesh, India, Indonesia, Pakistan, Thailand, Cambodia, Macau, Malaysia, the Philippines and some other countries in Central America.

The prices of Vietnamese imports were generally comparable to those of other suppliers.

Despite finding no visible threat to US garment makers from Vietnamese imports, the DOC said it would continue to monitor imports from Vietnam for another six months under a review slated to begin in September.

The monitoring programme commenced upon Vietnams entry into the World Trade Organisation (WTO) in January 2007 and was expected to continue through the end of the Bush administration.

(VNA)

    


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