Hanoi: Vietnam’s Ministry of Industry and Trade announced that it will impose a 97% anti-dumping duty on wind towers imported from China. This decision comes after a 15-month investigation into claims by domestic producers that Chinese-made towers were being dumped in the Vietnamese market, causing significant harm to local manufacturers.
The new tariff, set to take effect 15 days from its official signing, will remain in place for five years, according to the ministry’s statement dated December 24.
The investigation, launched in September 2023, determined that wind towers from Chinese companies were indeed being dumped at unfair prices, adversely affecting Vietnam’s domestic industry. “Based on the collected evidence, wind towers imported from a number of Chinese enterprises were dumped and caused significant damage to the domestic manufacturing industry,” the ministry stated.
Authorities noted that Vietnam’s domestic producers have the capability to manufacture high-quality wind towers, including for export purposes.
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The anti-dumping measures will apply to nearly all Chinese firms, with one exception: Jiangsu Zhenjiang New Energy Equipment Co., Ltd., which was found not to have engaged in dumping during the investigation period, the ministry clarified.
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This decision marks a significant step in protecting Vietnam’s wind energy sector, a critical component of its renewable energy agenda.
